Recent Posts

Russian bonds in worst week since January as inflation creeps up

  Bloomberg Russian government bonds suffered their worst weekly performance in six months after oil retreated and accelerating inflation raised concern the central bank will be forced to slow the pace of rate cuts. Five-year OFZ bonds had their biggest five-day drop since mid-January, driving the yield up 33 basis points. While debt fell, the ruble climbed with rising crude ...

Read More »

France’s EDF opens LNG terminal with mkt plagued by glut

  Bloomberg The Dunkirk liquefied natural gas terminal in France received its first cargo on Friday, boosting the nation’s import installations for the fuel to four, just as a wave of new supply hits the market. Madrid Spirit, a 285-meter-long tanker, delivered a commissioning cargo from Nigeria, Electricite de France SA, which owns 65 percent of the project known as ...

Read More »

Women rise to the top in Brexit Britain

  London / AFP A wave of women are taking power in Britain: the country will soon have a female prime minister following the Brexit vote while Scotland and Northern Ireland already have women leaders. “Is this all a happy coincidence? Has the glass ceiling finally been smashed?” the Guardian newspaper asked this week. In the race to succeed David ...

Read More »
Send this to a friend