Tuesday, January 21, 2020

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Global Debt-to-GDP Ratio Hit an All-Time High Last Year

(Bloomberg) --The global debt-to-GDP ratio hit an all-time high of 322% in the third quarter of last year, according to a report released Monday...
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Iran Admits Downing Ukrainian Jet in a Dramatic U-turn

(Bloomberg) --Iran admitted it accidentally shot down a Ukrainian jetliner that it mistook for a cruise missile, a dramatic reversal after days of denials...
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iraq oil

Oil Markets in Turmoil After Iran Attacks Reignite Supply Fears

(Bloomberg) --Oil prices jumped back above $70 a barrel after Iran attacked two U.S.-Iraqi bases in its first response to the killing of its...
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Iran Retaliates Against U.S. in Missile Attack on Iraq Bases

(Bloomberg) --Iran fired a series of missiles at two U.S.-Iraqi airbases early Wednesday morning Baghdad time, the Pentagon said, in the first Iranian response...
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Over 50 Dead, Hundreds Injured in Deadly Stampede at Soleimani’s Funeral in Iran

(Bloomberg) --Iran said it is evaluating 13 possible ways to inflict a “historic nightmare’ on the U.S. for killing a powerful Iranian general, whose...
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Gulf States Move to Prevent Escalation After Soleimani’s Killing

(Bloomberg) --Gulf Arab states, potential targets for retaliation after the U.S. assassinated Iran’s top general, are working on multiple tracks to try to...
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Middle East Stocks Get a Mauling as As Geopolitical Risks Flare

(Bloomberg) --The U.S. killing of Iran’s most senior military commander reverberated through Middle Eastern markets, sending stocks into retreat and setting the tone for...
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Saudi Deputy Defense Minister to Visit Washington, London Amid Simmering Tensions

(Bloomberg) --Saudi Arabia’s Crown Prince Mohammed bin Salman instructed Deputy Defense Minister Khalid bin Salman to head to Washington and London in the next...
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US Talks To Abu Dhabi Crown Prince, Iraqi Leader Salih

(Bloomberg) --U.S. Secretary of State Mike Pompeo spoke with Abu Dhabi’s crown prince, Mohammed bin Zayed, and Iraqi President Barham Salih to discuss developments...
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World Economy’s Prospects for Stable 2020 Tested by US-Iran Tension

(Bloomberg) --Just as the world economy was stabilizing after its worst performance in a decade, a U.S. airstrike in Iraq that killed one of...
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