The Federal Reserve Board of Governors seal. Brendan Smialowski | AFP | Getty Images A Democratic sweep in the coming U.S. elections will likely unleash more fiscal stimulus, but it could also cause the Federal Reserve to hike interest rates earlier than expected, said a Morgan Stanley portfolio manager. The first rate hike by the Fed could […] Read more
Deadly clashes between Armenia and Azerbaijan are unlikely to result in major disruptions to energy production and supplies, analysts say, despite the region being a critical corridor for pipelines transporting oil and gas to the global markets. “There is not really much anticipation that this will boil over into something more serious for oil and commodity […] Read more
Prompted by Arab states normalising relations with Israel, fractured Palestinian political factions are working diligently in multilateral talks to restore unity and mend the division between the Gaza Strip and the West Bank in negotiations far more promising than previous efforts. The United Arab Emirates (UAE) and Bahrain’s foreign ministers will sign on Tuesday an […] Read more
European leaders are meeting for a fourth consecutive day on Monday to continue tense negotiations over a 750-billion-euro ($858 billion conversion) recovery fund. The European Commission, the executive arm of the EU, suggested in May tapping the markets to mitigate the economic shock from the coronavirus. However, European capitals have not agreed on how to divide […] Read more
Diplomatic ties between Washington and Berlin have declined markedly in recent years and Germany’s foreign minister has appeared to warn that relations between the two countries may never be the same again. In the biggest signal yet of how strained relations have become, Heiko Maas said this weekend that the alliance with the U.S. — […] Read more
In a speech delivered by Crown Prince Mohammed Bin Salman, at the end of the G20 2019 Osaka Summit, HRH welcomed hosting the Riyadh G20/2020 Summit, and touched upon a number of very globally important issues related to the G20 in general, and the Riyadh 2020 Summit in particular. In his Osaka Summit speech, The […] Read more
Saudi American relations have reached a level of maturity where the two countries are keen to maintain these strong ties, and continuously develop them, whatever may be the circumstances. Both countries have a longstanding relationship that has deepened with common desire for greater cooperation. Over the years, the leaders of Saudi Arabia and the US, […] Read more
Western countries have widely condemned Ankara for its military operation in northeast Syria, but Luxembourg’s top diplomat said they could be dragged into the conflict should Turkey, a NATO member state, trigger the body’s defensive clause. In an interview with German radio Bayerischer Rundfunk on Monday, Luxembourg Foreign Minister Jean Asselborn said that if Turkish […] Read more
In this article, the author will reflect on how he visualizes the presidency of the subject summit, reaching out to what he sees as the most suitable agenda. The author referred in a previous article, to the press release that confirmed Saudi Arabia’s hosting the 2020 Summit, as such, he draws the reader’s attention to […] Read more
The World Trade Organization (WTO) has backed a U.S. request to impose tariffs on $7.5 billion of European goods, potentially sparking a new trade war across the Atlantic. Arbitrators from the WTO have granted President Donald Trump’s administration the right to levy billions against imports of European goods for what they say are illegal subsidies […] Read more
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