The Saudis have been given all the equipment & advisors they could dream of & still fail.

“Of course the bond selloff is weighing on tech and growth stocks. There are really two worlds at play here: on one side healthy corporate balance sheets and profits, and on the other side countries running big deficits and putting pressure on the bond market.”

The $1,000 seed can grow substantially, but seven-figure wealth requires decades of compounding, continued contributions, and strong market returns.

The quick erosion of Europe's automotive industry is a national security risk... 

central banks purchased 44 tonnes in July (more than double the pre‑2022 average of 17 tonnes), with the largest contribution once again coming from China, which purchased 35 tonnes in July, nearly double the officially reported 19.9 tonnes in gold purchases.

"Starting January 1, 2027, Bloomberg Terminal subscriptions will see a price increase..." 

The settlement is meant to resolve nearly all of the roughly 65,000 claims still pending, as well as future ones.

• Iranian Parliament Speaker Ghalibaf said Iranian forces have full control of the Strait of Hormuz and will prevent enemy vessels from crossing.
• The Bank of England has reportedly written plans with the DMO to overhaul its money-printing programme, with plans to stop selling 20- and 30-year gilts, according to the Telegraph.
• Global equities continue to be weighed on by higher energy prices and bond yields.
• DXY edges higher; GBP unreactive following a mixed jobs report.
• Fix

Zelensky also suspends Ukraine’s Prosecutor General who fled across the border overnight...

The "enrichment" we were sold was cuisine, music and vibrant street life. What arrived, in town after town, is a sanitation standard the UN still spends billions trying to wipe out of third world nations...

Comes within hours of Trump reasserting Tehran is desperate for a deal...

A new study finds a wide gap in vehicle age across the continent, with Luxembourg leading the rankings.

AFRICOM says the strike targeted al-Shabaab in southern Somalia

More than 1.7 million Britons over 65 are now employed as younger workers struggle to find jobs...

An ISIS fanatic who pledged allegiance to the caliphate, circulated execution videos, and blagged his way into an NHS heart unit with a fake degree is lining up for parole in November...

China’s biotech stocks are emerging as the latest AI trade, fueled by expectations the technology will accelerate drug development and boost returns.