Billions in Iranian funds are passing through U.S. banks despite sanctions – WSJ

Image by Willfried Wende from Pixabay Analysis sets out five key steps that the UK government and wider public sector should take to capitalise on adaptation opportunities Climate change adaptation provides “a significant economic opportunity” for the UK and the country must develop innovative solutions to meet the complex challenges of building resilience. A report from…

In June, South Korea had the best performing stock market in the world. But today it is seeing one of the fastest crashes in modern market history, dropping 34% in just 25 trading days and wiping $2.1 trillion off the Seoul market. So the question for every investor – was this a uniquely Korean crash…

Here is what you need to know on Tuesday, August 18: The US Dollar Index (DXY) starts the week on the back foot, with the US Dollar Index (DXY) slipping toward two-month lows and holding below the 100.00 mark. August’s run of underwhelming US data jobs, inflation and retail sales has steadily trimmed bets on…

CNBC’s Jim Cramer said Monday that August was a comeback month for stocks that had been battered by some of Wall Street’s most powerful bearish narratives. His comments came on the final trading day of August. Several of the S&P 500‘s biggest winners in August spent months under pressure from concerns ranging from artificial intelligence…

Rabobank’s Senior Macro Strategist Stefan Koopman notes UK headline CPI fell to 2.6% in June, below the MPC’s forecast, with broad-based downside surprises and easing domestic pressures. However, Koopman argues that renewed energy price increases and recurring shocks mean inflation is likely to move back above 3%, implying that 3% may effectively replace 2% as…