Venezuela's government has announced new leadership for the state petrochemical firm Pequiven and the national tax authority, Seniat. The appointments are part of a series of changes in key state-run entities.
Residents in several Havana neighborhoods protested on Tuesday evening following a nationwide blackout, the third this year. The power failure is attributed to a severe fuel shortage exacerbated by a U.S. blockade.
European natural gas prices surged by approximately 6% on Wednesday following comments from U.S. President Donald Trump casting serious doubt on a fragile peace framework with Iran. The price increase reflects growing market concerns over renewed geopolitical instability in the Middle East.
Oil prices rose over 5% on Wednesday following comments from U.S. President Donald Trump that a fragile truce with Iran was "over." The declaration comes amid renewed military exchanges between the two nations in the Persian Gulf.
Government bond yields in the United States and the eurozone firmed on Wednesday as investors awaited addresses from Federal Reserve Chair Kevin Warsh and ECB President Christine Lagarde. Strong U.S. economic data contrasted with cooling inflation in Europe, setting the stage for potentially divergent monetary policy outlooks.
The United States has reportedly resumed air shipments of U.S. dollars to Iraq after a suspension of several months, according to a New York Times report citing Iraqi officials. The halt was initially part of a move to pressure Baghdad over the actions of Iran-backed militias.
The British pound reached a two-week high against the U.S. dollar, which softened after Federal Reserve Chair Kevin Warsh refrained from issuing new hawkish signals. Market attention is now focused on the upcoming U.S. non-farm payrolls report.
The U.S. dollar experienced its most significant single-day drop since late April after a government report showed June job growth was much weaker than anticipated, leading traders to scale back expectations for a near-term Federal Reserve interest rate hike.
The South African rand gained over 1% against the U.S. dollar on Thursday, following the release of American employment data that fell significantly short of market expectations.
