Bond investors are expected to scrutinize the results of critical local elections on Thursday as the war in the Middle East adds inflation pressure on the government.
Category: Great Britain
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The ‘Perfect Storm’ Hanging Over Britain’s Public Debt
The New York Times – Business: -
Trump’s Tariff Reversal Reopens a Major Market for Scotch Whisky
The New York Times – Business:A 10 percent tax on American imports was hurting British sales, even though exporters had increased sales in India, China and other countries.
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Why Countries Are Stocking Up on Gold
The New York Times – Business:As risk has escalated, central banks have bought more gold to stash in reserve. A widening Middle East war could add to the urgency.
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Rising Fuel Prices Could Force Excruciating Choices on Economic Policies
The New York Times – Business:The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage.
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European Airlines Face Fuel Shortages Within Weeks
The New York Times – Business:If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
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Theater Tickets Are Cheaper in London Than New York. What Gives?
The New York Times – Business:For half the price of a great seat at a Broadway show, you can see “Paddington” in the West End (if you can find a ticket) and snack on a marmalade sandwich.
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Countries Scramble to Shore Up Global Oil Supplies as Ships Are Attacked
The New York Times – Business:The United States and Israel launched more strikes against Iran, where crowds mourned military commanders killed in the war. Israel also bombed targets in Lebanon, where the death toll climbed.
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Japan and Germany Say They Will Release Oil
The New York Times – Business:Officials in Tokyo and Berlin said they planned to release oil from their strategic reserves to address disruptions of supplies from the Middle East.
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Fed Up With High Costs, American Theater Takes a Trip to London
The New York Times – Business:Skyrocketing budgets and falling profitability have driven a new form of offshoring, with U.S. producers staging shows across the Atlantic.
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U.K., Australia and Others Worse Off Under Trump’s New Tariffs
The New York Times – Business:Many important U.S. trading partners are facing higher duties after President Trump, reacting to a Supreme Court setback, set the rate on a new set of global tariffs at 15 percent.
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After Tariff Decision, What Happens to Trump’s Deals With China, Canada and Europe?
The New York Times – Business:The Supreme Court’s decision to invalidate many of President Trump’s tariffs raised questions about what would become of agreements struck with major U.S. trading partners.