Young: Iran’s Hormuz Leverage Leaves Gulf States Exposed

Young: Iran’s Hormuz Leverage Leaves Gulf States Exposed

President Trump has warned the US could reimpose a blockade on Iran as tensions persist over the Strait of Hormuz. Karen Young, Senior Research Scholar at Columbia University’s Center on Global Energy Policy, tells Bloomberg’s Abeer Abu Omar on Horizons Middle East...
Colombia’s Finance Minister Vows Fiscal Austerity Measures

Colombia’s Finance Minister Vows Fiscal Austerity Measures

Source: Bloomberg Economics Summary Colombia’s incoming finance minister has committed to implementing stricter fiscal policies, highlighting concerns over a larger-than-reported budget deficit. This initiative aims to stabilize the economy amidst rising...
Warsh Appoints Mervyn King to Fed Communications Task Force

Warsh Appoints Mervyn King to Fed Communications Task Force

Source: Bloomberg Economics Summary Federal Reserve Chairman Kevin Warsh has appointed former Bank of England Governor Mervyn King to co-chair a new task force focused on enhancing the Fed’s communications strategies. This initiative aims to improve transparency...
US Drops USMCA Renewal, Switches to Annual Reviews

US Drops USMCA Renewal, Switches to Annual Reviews

Source: Bloomberg Economics Summary The US has opted not to renew the USMCA trade deal with Canada and Mexico, shifting to annual reviews instead. This decision introduces uncertainty for businesses operating in North America, according to US Trade Representative...