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...‘Look opportunistically’ Putin first dramatically unveiled his African ambitions in October 2019, when he hosted 43 African heads of state at the first Russia-Africa summit in Sochi....
...This basic approach seems appropriate so long as the default reflects a political impasse and not any underlying inability of the United States to meet its obligations, so that all payments on defaulted...
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...Yet not all the region’s dynamics work in banks’ favour. State ownership can blunt the need for raising money in public markets....
...Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates — together, the Gulf Cooperation Council — have kept their currencies glued to the dollar since the 1970s....
...(FT) In the news Bets pile up against the dollar Speculative bets against the dollar have built up to the highest level in nearly three years despite the currency’s near 1 per cent rebound this month,...
...When natgas prices cratered in the summer of 2009, the USO’s sister product, the United States Natural Gas Fund (UNG), experienced eerily similar stresses....
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...This week the IMF warned that “equity markets appear to be overvalued in the United States and Japan’’ and noted credit risk premiums “also seem to be too compressed relative to fundamentals’’....
...We reduce our Dec-20 PT to £28.00, a c5% sector P/E discount vs its current c10% premium....
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...“The greatest international risks are the ongoing trade conflict between the United States and several other countries, the structural problems in the European banking sector, the problems with weak public...
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