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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...

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...

Gold Nears Six-Year High as Mideast Tensions Spur Haven Demand

(Bloomberg) --Gold neared a six-year high after a U.S. airstrike killed one of Iran’s most powerful generals, ratcheting up tensions in the Middle East...

Middle East Shipping Risks Seen Elevated Amid US-Iran Tensions

(Bloomberg) --The risk to shipping in one of the world’s key oil-producing regions is set to rise following a U.S. airstrike in Iraq that...
Donald Trump

Trump Impeached by House But Pelosi’s Unscripted Moment Sets Off Delay

(Bloomberg) --The U.S. House of Representatives impeached President Donald Trump on charges of abuse of power and obstructing Congress, the culmination of an effort...

World Economy Haunted by Risk Just Got a Double Shot in the Arm

(Bloomberg) --Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020...

A Pivotal Week Confronts Emerging Markets as Traders Look to 2020

(Bloomberg) --It may come down to the will of central banks, trade negotiators and voters this week to set the tone for emerging markets...

Richest 1% of Americans close to surpassing wealth of middle class

(Bloomberg) -- The U.S.’s historic economic expansion has so enriched one-percenters they now hold almost as much wealth as the middle- and upper-middle classes...
banking finance

Gulf’s Holdout on Rates Is About to Jump on Fed Easing Bandwagon

(Bloomberg) --The only Gulf Arab central bank with an unpredictable monetary policy might finally fall in line this week. In a region where most countries...