Why a Costly US Bond Sale Is a Warning to Bessent
The US government sold 30-year bonds at the highest interest rate in a quarter century, a testament to investors’ demand for greater compensation to finance the nation’s growing deficit..
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India Raises Record $127 Billion in Forex Deposits From Diaspora
India garnered a record of about $127 billion in foreign-currency inflows from its 35-million-strong diaspora since June through a special dollar-swap window, giving policymakers a bigger cushion to support the rupee…
Venezuelan Oil Replenishing US SPR a ‘Pure Fantasy,’ Says Stephen Schork
Stephen Schork, principal and editor at The Schork Group, discusses the Trump administration’s plans to take majority ownership of more than 65 billion barrels of Venezuela’s oil reserves. He also looks at refining…
Former boxer to host annual school uniform giveaway
Ex-Commonwealth lightweight champion Tommy Coyle is running the event in Hull for the seventh year.