This week has brought ups and downs for the gold price as US President Donald Trump’s tariff decisions continue to create widespread uncertainty across sectors globally. The yellow metal started the week at about US$3,020 per ounce, but quickly tumbled below the US$3,000 level as markets around the world took…
Asked why she and other Ukrainian people choose to keep living under Russian occupation instead of fleeing, the woman paused for a moment. “I don’t know how to explain the feeling,” she said. “It’s like you just can’t believe that evil could win. Even after three years, people can’t believe…
Tanzania’s main opposition party CHADEMA has been disqualified from elections due later this year, a senior election commission official said on Saturday, days after the party’s leader was charged with treason for allegedly seeking to disrupt the vote. Ramadhani Kailima, director of elections at the Independent National Elections Commission, said…
When US Ambassador to Ukraine Bridget Brink resigned her post two days ago, she was both under pressure from President Volodymyr Zelensky’s office in Kyiv, and feeling the strain of working for her ultimate boss in Washington, President Donald Trump, according to people who knew her. At the same time,…
The UK government took effective control Saturday of Britain’s last remaining factory that makes steel from scratch from its Chinese owners, after lawmakers approved an emergency rescue. Prime Minister Keir Starmer summoned lawmakers for the unusual Saturday sitting, only the sixth since World War II, to back a bill primarily…
Editor’s Note: This article contains graphic images and descriptions. Christine Pascual’s phone started buzzing while she was at work in a hair salon with messages saying former Philippine President Rodrigo Duterte was about to be arrested. Laxamana, a 17-year-old with dreams of becoming an online gamer, went missing in August…
Russian missiles hit the northeastern Ukrainian city of Sumy in the deadliest attack this year, killing at least 24 people, including one child, as residents gathered for Sunday church services, local officials said. At least 84 people, including seven children, have also been wounded in the strike on the city’s…
The previous weekly note categorically mentioned that while the markets may continue to decline, the Indian equities are set to outperform its global peers relatively. In line with this analysis, the market saw wide swings owing to prevailing global uncertainties but continued showing remarkable resilience against other global indices. The…
S&P 500 earnings are in for 2024 Q4, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 index ($SPX), indicating where the S&P 500 would have to be to have an overvalued P/E of 20 (red line), a fairly valued P/E…
In 2024-2025, the United States significantly escalated its trade conflict with China through new tariffs, including a substantial 100% tariff on electric vehicles and 50% on essential technologies like semiconductors and solar products. These measures amplify the existing trade tensions and represent a profound shift towards economic decoupling between the…