Author: Jordan

Late last month, the World Bank issued a report on the impact of the war on Iran detailing its inflationary effects and the hit to global growth, which is fast travelling beyond oil and gas to impact food, industrial metals and chemicals, plastics, fertilisers and many other basic commodities.Some figures give an indication of the reverberations from the ongoing closure of the Strait of Hormuz.According to the Financial Times, 50 percent of the world’s seaborne trade in sulphur passes through the waterway, along with 34 percent of the trade in crude oil, 29 percent of liquified petroleum gas, 19 percent…

Korea’s bull run lures workers to full-time trading as experts urge caution – CHOSUNBIZ Chosunbiz Source link

Key Takeaways●President Prabowo Subianto has unveiled a radical 40-year mortgage (KPR) scheme with a capped 5% interest rate to make homeownership accessible for the working class.●The administration is targeting the construction of 3 million affordable homes annually, including 1 million high-rise apartments located near strategic industrial hubs.●Indonesia’s Financial Services Authority (OJK) is supporting the push by clearing credit “blacklists” for debts under Rp 1 million ($63) to unlock financing for millions of citizens.●The massive infrastructure drive is projected to create 5 million new jobs, acting as a powerful multiplier for the national construction and banking sectors.JAKARTA, Investortrust.id — Indonesia is…

A spree of credit card thefts from gym lockers across Winnipeg, totalling more than $8,000 in fraudulent purchases, resulted in charges for four Ontario residents, according to police. Thefts occurred almost daily from March 12 to 18, and about $4,000 was spent on one of the stolen cards. Reports of stolen debit and credit cards from fitness facilities were received from across the city, a news release from the Winnipeg Police Service (WPS) said.The suspects gained access to the gym locker rooms by telling staff they were interested in joining. Get daily National news Get daily Canada news delivered to…

Depending on how long you have been playing, this might all be new to you. The new Nora’s Nightwave event has started in Warframe, which means a range of challenges are available to complete in order to get your hands on useful resources, cosmetics, mods, and other goodies. One of them requires you to exchange ten Riven Sliver for a Riven mod, so this guide will explain how to do that. How to exchange ten Riven Slivers for a Riven Mod in Warframe Source: Shacknews To complete this challenge, you will need to bring 10 Riven Slivers to…

Suffolk Building Society will reintroduce four 5-year fixed rate mortgages from tomorrow, 30th April 2026.  The products are available for purchase and remortgage, each with a £199 application fee and a £999 completion fee. The range includes a 5-year fixed rate residential mortgage at 5.75% up to 90% loan-to-value (LTV), a 5-year fixed rate buy-to-let (BTL) mortgage at 5.79% up to 80% LTV, a 5-year fixed rate BTL light refurb mortgage at 5.89% up to 80% LTV, and a 5-year fixed rate holiday let mortgage at 5.85% up to 80% LTV. Charlotte Grimshaw, head of mortgage intermediaries at Suffolk Building…

By Tanimu Yakubu Nigeria’s contemporary fiscal discourse has been captured by a convenient but fundamentally flawed proposition: that the removal of subsidy—particularly petrol subsidy—yields an immediate fiscal windfall. This claim is not merely inaccurate; it is analytically indefensible. Subsidy removal does not create liquidity. It eliminates a distortion. It corrects a mispricing. It improves the trajectory of public finance. But it does not, in itself, generate a stock of cash available for discretionary expenditure. To suggest otherwise is to confuse accounting relief with fiscal capacity. More fundamentally, the subsidy debate in Nigeria has been improperly framed. It is often presented…

It was a run that deserved so much more. Kobbie Mainoo, bursting forward from deep, simply glided up the Old Trafford turf in the early stages on Monday night, picking out Manchester United colleague Amad following some delightful footwork inside the area. Unfortunately, the Ivorian could not convert the opening, but alas, that moment of magic provided yet another indication of the great strides – quite literally – Mainoo has made under the Michael Carrick regime. Just a matter of months ago, the 21-year-old looked destined to depart on loan, having also been tipped for a permanent exit last summer…

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CPM Group is a commodities research, consulting, financialadvisory and commodities management firm providing independent research,analysis and advisory services related to commodities markets, corporate andproject finance, and the financial management of exposure to commodity orientedinvestments. We started our business in 1986 predicated on the idea that commoditiesresearch and advice is best delivered by independent experts who do not work forbanks, brokers, mining companies, or any other entity that has interests thatcould conflict with the best interests of the clients receiving the research,analysis, and advice. All of our work is driven by fundamental commodities research and economicanalysis. As we undertake our research…