Gold prices shed about 3% on hawkish Warsh at Jackson Hole, set for weekly decline

Decades ago, the property was used as the headquarters of an LSD operation run by former Harvard professor Timothy Leary.

  Introduction: In this article, I’ll delve into the pivotal role of international finance in shaping and sustaining the interconnected global economies. International finance stands as the backbone of the modern economic landscape, significantly influencing trade, investment, and economic stability across nations. Its significance lies in fostering economic growth, enabling capital flow, and mitigating financial…

Iran’s Foreign Minister Abbas Araghchi dismissed the threat of a fresh round of US economic sanctions as a “desperate” ploy and said the expected new measures would fail to defeat Tehran, Reuters reported on Sunday. Last week, US President Donald Trump announced a new campaign to increase the pressure on the Iranian economy, calling it…

The race is on to secure alternative routes for both Gulf fossil fuels and clean energy. This article appears in the July/August 2026 issue of Global Finance Magazine. More than 30 years after the first Gulf War, it seemed unlikely, if not unthinkable, that images of burning oil facilities would once again make headlines in…

For aficionados of stock splits, it’s an intriguing question: Will Eli Lilly (LLY +1.59%) be the next company to split its stock? It certainly might — its stock price was recently $1,280 per share. But the honest answer is that no one knows (except, perhaps, Lilly’s management). Eli Lilly has split its stock four times…

The upcoming week will be dominated by the European Central Bank’s (ECB) interest rate decision, United Kingdom (UK) inflation and labor market figures, and preliminary global Purchasing Managers Index (PMI) data. Australian employment, New Zealand inflation and Canadian CPI figures will also attract attention. The US Dollar Index (DXY) trades slightly higher near 100.80 after…