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...

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...
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...

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...

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...

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...

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...

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...

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...

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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