Markets The central theme dominating the year has been the "remarkable resilience" of the US economy, which buoyed stock markets until a few months ago. However, the persistent upward trajectory of bond yields has become a dual threat, endangering government finances worldwide and increasing the chances of a severe economic downturn.
Every regional player has a unique political and economic agenda, whether it's Saudi Arabia, the UAE, Qatar, Iran, Jordan, Egypt, Turkey, Syria, or Iraq. Washington has struggled to navigate these waters effectively, especially regarding sensitive issues like Palestinian rights. Oil markets On Friday, oil prices surged by nearly 6%, with Brent crude experiencing its most substantial weekly gain since February.
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