Icelanders edge closer to ’no’ on EU-accession talks, vote count ongoing

After hundreds of millions of dollars were invested by developing-country governments, and before a single watt of energy was transferred, the CASA-1000 infrastructure project in Central Asia has effectively failed. The international institutions that conceived, financed, and promoted the project must answer for this. BISHKEK—For a major infrastructure project to succeed, it must be underpinned…

U.S. forces have struck two Iranian launchers near Strait of Hormuz !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

In the US, the recent rise in bond yields is largely driven by structural factors like the end of the post-2008 Great Stagnation, higher potential growth from tech-industry investments, and greater private-sector demand for credit. Higher yields are more worrisome for advanced economies that are stagnating and innovating less. NEW YORK—A sharp rise in bond…

Royal Bank of Canada (RBC) analyzes new Section 338 U.S. tariffs on Canadian exports, noting a 50% rate on goods representing about 5% of Canada’s exports to the United States. The bank argues the measures are not large enough to derail Canada’s economic growth, but warns they significantly impact sectors like plastics, electrical machinery and…

Massive spending on data centers and AI infrastructure can benefit “HALO” companies: hard assets, low obsolescence.