Going on, replace concerns in factors might have an reflects uncertainty as to what various governments might do anything aftermath of these horrific attacks. As you mentioned, it is not because oil is produced in israel and gaza, for example, it is because in this region, about a third of the worlds oil comes from The Middle East, and the question now is what will israels responsibly to these attacks . Will it be limited, how long will it go on for . Is that the risk of this spiralling . We have keep your political players around this region and central to that is a run. We have had potential uranian involvement in the these attacks. Iran is important because they control the state of tom boyd with millions of barrels of oil is passing through it every day. Even iranians Oil Shipments have been up to a five year pipe in the past five years. Will the United States allow this to continue if uranian involvement is proved. Continue if uranian involvement is roved. , ~ continue if uranian
A deal to buy twitter which even end acts for a 41; billion and now he faces more legal hot water because earlier this week a judge said the billionaire would have to face a lawsuit for waiting too long to disclose he had invested in the social media company. As for the sec and mr musk, there is no love lost between them. After paying 20 million to settle a case brought by the sec back in 2018 involving his other company hasluck, he derided the agency saying in an american tv interview, i dont respect the sec. Staying in the us, dont respect the sec. Staying in the us, general dont respect the sec. Staying in the us, General Motors in the us, General Motors shares fell by 30 for the best time in more than three years during thursdays trading session. The stock recovered somewhat, ending the day at 30. 31. General motors could be caught up in an extensive recall of millions of aerobatic invaders. That is after the us Traffic Safety regulator said the government should take action becaus
The dow wiped out the last of its gains made for the year so far. Shares of chinese real estate Giant Evergrande jumped by 28 as trading resumed in hong kong, after being halted last week. We will put up those figures for you as well, and as you can see the debt laden Developers Stock market valuation has fallen by almost 99 since july 2020. We should also point out that it is a penny stock at this stage, just to put those numbers in context as well. Over the last year, it has come to light that the Evergrande Company is the worlds most indebted developer, with liabilities at over 300 billion. But its not alone. Other Smaller Developers have also defaulted on their debts, leaving unfinished building projects across the country. The Chinese Government has announced more support for real estate companies, including encouraging banks to extend the repayment periods on loans. The Property Market accounts for around a quarter of the worlds second largest economy. That is why it is all the m
A few months ago after a long negotiation between myself and republican speaker, of the house of representatives, we came to agree on a Budget Agreement precisely to avoid a Manufacturing Crisis that we just witnessed. But the last few days and weeks, extreme maga republicans tried to walk away from that deal, voting for deep, drastic Spending Cuts from 30 to 80 that would have been devastating for millions of americans. They failed again and we stopped them. But im under no illusions that they will be backing it. A short while back i spoke with an analyst to ask how Global Markets will react to the latest development out of washington. I think it is. We have 45 days, its kicking the can down the road. I feel that will be relatively positive as far as Market Sentiment over the next trading week and certainly this week and the next couple of weeks. So overall, its a short term reprieve and we will have to see where it is in 45 days. Ratings agencies say a shutdown will hurt us credit ra
And the congress. A few months ago after a long negotiation between myself and republican speaker, of the house of representatives, we came to agree on a Budget Agreement precisely to avoid a Manufacturing Crisis that we just witnessed. For the last few days and weeks of extreme republicans tried to walk away from that deal, voting for deep drastic Spending Cuts from 30 80 that would have been devastating for millions of americans. They felt again and we stopped. But im under no illusions that they will be backing it. Illusions that they will be backing it illusions that they will be backin it. ,. ,. , ~ backing it. Eschol parkl spoke with an analyst backing it. Eschol parkl spoke with an analyst to backing it. Eschol parkl spoke with an analyst to ask backing it. Eschol parkl spoke with an analyst to ask how with an analyst to ask how Global Markets will react to the latest development out of washington. Indie the latest development out of washington the latest development out of wash