Recent Posts

UAE President meets with teachers to mark World Teachers’ Day

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with teachers from across the UAE on the occasion of World Teachers’ Day, and commended the vital role they play in nurturing and inspiring young people. His Highness received the delegation at Qasr Al Bahr in Abu Dhabi, and highlighted the importance of teachers in helping future generations ...

Read More »

Europe stocks hit lowest in more than six months as bond yields advance

BLOOMBERG A retreat in European stocks deepened on Wednesday, sending the benchmark index to the lowest in more than six months as bond yields climbed on worries of higher-for-longer interest rates. The Stoxx 600 was down 0.2% in London, sliding for a third straight session as the yield on 30-year Treasuries hit 5% for the first time since 2007. In ...

Read More »

Financial rout spreads as US 30-year yield hits 5%

BLOOMBERG The selloff in US Treasuries extended into a third straight day, with 30-year yields touching 5% for the first time since 2007 and sending global financial markets into a tailspin. As conviction grew that US interest rates could rise further from current 22-year highs, 10-year Treasury yields also climbed closer to the key 5% threshold. That pushed the MSCI ...

Read More »
Send this to a friend