G20 countries should consider more trade barriers with China to cut imbalances, Bessent says

America was born in war. The American Revolution and subsequent constitution of the newly-formed United States reflected some of the key ideas of liberalism—natural rights, government by consent, and limits on state power. The Revolution, however, was just the beginning of war as part of the American identity. Between 1798 and 2023, the United States…

Two of the world’s most critical oil chokepoints — the Strait of Hormuz and Bab-el-Mandeb — are seeing almost no shipping traffic right now. Yet as the Iran conflict drags on, far from an oil apocalypse, prices are 30% down from their peak. But if you’re filling up with diesel, you won’t have noticed —…

United Overseas Bank’s (UOB) Quek Ser Leang notes GBP/USD invalidated a recent neutral call by breaking above 1.3555 and closing higher near 1.3532. Intraday, the British Pound (GBP) may extend toward 1.3570, with 1.3600 as firm resistance. Over the next 1–3 weeks, the upside bias remains intact while above 1.3495, though gains are expected to…

Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed Aty | Reuters Oil prices rose in choppy trading Wednesday as U.S. forces…

Sebastian Siemiatkowski, CEO and co-founder of Swedish fintech Klarna, gives an interview with CNBC during the company’s initial public offering at the New York Stock Exchange in New York, Sept. 10, 2025. Brendan Mcdermid | Reuters Klarna, the Swedish fintech firm best known for its buy now, pay later offerings, said Monday it applied to…