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...It also shows how the Gulf, long seen by many in Silicon Valley as an easy source of funding, is increasingly regarded as a credible technology partner....
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...When the series creator Will Tracy, a writer on Succession, occasionally tries to replicate that show’s brand of explicit eloquence and distinct cadence, it only accentuates the gulf in quality....
...“This deal is the missing piece of the puzzle to bring the IMF agreement over the line,” said Mohamed Abu Basha, head of macroeconomic analysis at EFG-Hermes, a Cairo-based regional investment bank....
...Germany has written to dozens of countries including Gulf Arab states to plead for more air defence systems for Ukraine, saying Kyiv needed urgent help to protect its cities, troops and critical infrastructure...
...A growth target of 5 per cent is “in line with expectations, reality and the need for developments”, the ministry said....
...Eurozone debt prices have fallen this week ahead of the European Central Bank’s rate-setting meeting on Thursday, where investors will watch for any hints as to when the central bank will start lowering...
...ease Egypt’s foreign currency crisis and bring its IMF deal over the line....
...Earlier on Friday, the Houthis fired an anti-ship ballistic missile at the USS Carney, a US navy vessel in the Gulf of Aden. US Central Command said the Carney had successfully shot the missile down....
...The central government announced Rmb1tn in surprise borrowing in the fourth quarter, which analysts think will raise China’s fiscal deficit above 3 per cent of GDP — loosely considered its red line....
...The largest transfer that was repaid followed the Gulf war, where Iraq made some $52.4bn in war reparations that were paid off only in 2022....
...Once the BoJ is no longer the sole major central bank still locked in ultra-loose mode, runs the argument, a revaluation of the yen will come due....
...World-beating US growth, somewhat stubborn inflation and central bankers emphasising patience have meant rate-cut expectations are being curtailed....
...The Nikkei 225 stock index surged through the 37,000-point line for the first time in 34 years on Friday, setting the widely watched Japanese benchmark on track to surpass the all-time high set in December...
...That followed Monday’s missile strike on another bulk carrier in the Gulf of Aden....
...And the issue is not so much inflation as central banks’ measures for dealing with it. What has subdued infrastructure investing is rising interest rates....
...The subsidy has been capped since 2011, which has led to a growing gulf between what councils pay to fulfil their statutory duty to help the homeless and the support they receive from central government,...
...US Central Command said, with US and UK warships and aircraft shooting down 18 drones, two anti-ship cruise missiles and one ballistic missile....
...Some Chinese shipping lines are still happily using the Red Sea route....
...The continued supplies of technologies from advanced microchips to ball bearings have helped keep artillery, drones and missiles rolling off the production lines at Russian factories....
...General merchandise prices were lower than a year ago, he told analysts, “but not as much as the trend line would have suggested” at the end of the preceding quarter....
...“BCG does not have a clue how a central bank works and what its legal duties are. They have compared the work on monetary policy to a carmaking production line, which is complete nonsense.”...
...It is that gulf that made the duo the John Lennon and Paul McCartney of the investment world....
...CRH is on the hunt for more acquisitions in the US and central Europe after the world’s largest building materials company agreed a major deal in Texas two months after moving its primary listing from London...
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