The Biden administration is seeking to increase stretched supplies of crucial munitions for Ukraine to support the counteroffensive against Russian occupying forces. The weapons effort is focused on delivering more 155mm calibre shells used in the howitzers Ukraine is deploying along the front line, officials said, and includes supplies from international allies in the short
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The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy The first half of 2023 witnessed striking economic and financial dispersion, both within countries and across them. With some of this dispersion reversed in July, there is a growing tendency to forecast convergence in the period ahead, and the favourable
The phrase “know your enemy” is generally synonymous with the importance of keeping tabs on the competition, whether by simply sampling your rival’s product or by more nefarious means such as espionage. But another, less frequently used meaning is just as important: correctly identifying who your rivals actually are. That’s the act of corporate genius
Xi Jinping’s tour of an LG Display factory in the southern Chinese city of Guangzhou, his first to a Korean-owned company, was widely interpreted as an attempt to signal that China remains a friendly partner for Korean technology companies. But the visit, in April, also carried a hint of menace and highlighted South Korea’s tricky
Crypto Twitter has been abuzz with debate after a new conspiracy theory has suggested FTX founder Sam Bankman-Fried may be secretly behind one of the most controversial new memecoins on Base. The BALD memecoin, which draws its namesake from a humorous reference to Coinbase CEO Brian Armstrong, was launched on July 30 and witnessed an
When moving into a new home, adding items to the bathroom that provide texture and warmth – as well as functionality – can make this space feel more personalized. Whether it’s a new apartment or a new house, high quality bathroom accessories can add the finishing touches to make the space feel less generic, and
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This week’s strategy video covers a very important scenario that all traders come across – trend breakouts that don’t turn out as expected. Textbooks say that if a trendline breaks, then that’s it – another direction is certain. David explains why this isn’t necessarily true and he gives us illustrations and examples of the so-called
A top Republican donor to Donald Trump’s past presidential campaigns is helping to bankroll Robert F Kennedy Jr’s long-shot White House bid, as conservative cash keeps flowing to Joe Biden’s main challenger for the Democratic nomination. According to federal filings released on Monday, Timothy Mellon gave $5mn to American Values, the main political action committee,
China’s metals and mining investments overseas are on track to hit a record this year, new data shows, as the country races to secure resources to defend its position as the world’s biggest producer of electric vehicles, batteries, solar panels and wind turbines. In the first half of this year, Chinese investments and new contracts in
UK shop prices dipped month on month in July for the first time in two years, according to industry data published on Tuesday, adding to evidence that high inflation might finally be starting to ease. The British Retail Consortium said shop prices in July were 0.1 per cent lower than in June, as the annual
Mississippi, unfortunately, is perennially ranked as one of, if not the, poorest state in the United States. As of the latest data — the Census Bureau’s 2021 American Community Survey 5-Year Estimates — the median household income in the state of Mississippi was $49,111 — the lowest of any U.S. state. But that doesn’t mean
7/31/2023, 11:08:27 PM What to watch in Asia today George Russell in Hong Kong Buddhist monks receive alms in the southern Thailand province of Narathiwat last week. The kingdom’s financial markets are closed for the Asanha Bucha festival on Tuesday © Madaree Tohlala/AFP via Getty Images Events: The Reserve Bank of Australia issues an interest
The American Dream has often been synonymous with home ownership. For many, owning a home is not just a financial investment, but a pillar of personal stability and family legacy. Yet, for a significant number of Americans, one mortgage is not where the story ends. These homeowners have ventured into the realm of second mortgages,
The cryptocurrency market is having its worst month of 2023, according to a report from Web3 outlet De.Fi shared with Cointelegraph. Losses for July totaled $486 million, more than six times the total from 2022: Source: Document shared with Cointelegraph, via De.Fi The report comes on the heels of several high profile hacks and exploits
There are many reasons to hire an interior designer. Whether it’s renovating a bathroom, kitchen, or entire house—getting a professional not only makes the process easier but maximizes budget and return on investment. But working with an interior designer isn’t just about creating new spaces, it’s about fixing mistakes. Sometimes these mistakes are the result
In this article SBAC YUM WDC ANET LSCC RMBS MPWR Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past Yum! Brands Shanghai, China Bloomberg | Getty Check out the companies making headlines in extended trading. Yum China — The restaurant franchiser’s shares fell 3.4% following its mixed second-quarter results. The company announced 47 cents in
Ohio is a classic state of the “Old Midwest”, with major centers of industry and manufacturing having diminished over the last half-century and new sectors and occupations emerging to replace them. While the state has seen deindustrialization resulting in a decline in population declines in cities like Cleveland and Cincinnati, the state capital of Columbus
Inflation came down a lot faster than most investors and analysts anticipated, reaching 3% in June. The recession that most analysts predicted is nowhere to be seen, according to the 3.6% unemployment rate nearing a 50-year low and the S&P 500 Index showing a 19% gain year-to-date. While the current market performance may lead investors
Municipals were lightly traded and mostly steady Monday while U.S. Treasuries were slightly firmer from Friday’s levels and equities closed in the black. With muni returns in positive territory to end the month and supply down 8% for the month and 16% for the year, the calendar flips to the final month of the muni
With mass transit systems elsewhere still coping with the financial strains of the pandemic, the Fortress Investment Group-backed Brightline train system in Florida and its bonds provide one more small piece of evidence that, for now, Miami is hot in more ways than one. The momentum from an upcoming extension to Orlando — in combination