Bloomberg The fastest inflation print in nearly 40 years is rattling nerves on Wall Street where economically sensitive trades are hitched to an ultra-accommodative Federal Reserve. The spread between five- and 30-year Treasury yields has narrowed relentlessly this quarter, with that curve now near the flattest since March 2020. It’s a sign bond traders are betting faster rate hikes ...

  ABU DHABI / WAM Total foreign trade between Russia and the UAE is set to reach around $4 billion by the end of this year, said Sergey Cherimin, Minister of the Government of Moscow, head of the Moscow Department for Foreign Economic Activity and International Relations. In 2020, this figure stood at $3.3 billion. In an exclusive interview with ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan received a letter from President of the Republic of Azerbaijan Ilham Aliyev, regarding bilateral relations and ways to further develop them. In his message, president Aliyev wished the UAE continued progress and prosperity, expressing his eagerness to develop partnerships and advance cooperation between two countries in ...