deal to release grbrittney grin and paul whelan. jennifer, what can you tell us about this offer? that s right, we have learned that the biden administration is prepare to send victor boot, this convicted russian arms dealer back to russia as part of a deal to try to bringwhelan ho. boot is currently serving a 25 year prison sentence. secretary of state antony blinken publicly announced yesterday that the administration has offered a, quote, substantial proposal to moscow to try to get these two wrongfully detained americans back home. blinken did not go in to specifics about what was in the proposal, but he did say it has been on the table for weeks now and that it has the direct backing and sign jooff of joe biden. prisoner swaps do require the president to signoff. so this is a significant signal. prisoner swaps are generally quite controversial in the administration and other administrations have generally avoided using them because there is a fear that other government
the israel defense forces, when the ceasefire took effect around half an hour ago now, put out a statement directed at palestinians in gaza. i want to read it. it says the water is not over yet, the humanitarian pauseis not over yet, the humanitarian pause is temporary, the northern gaza strip is a dangerous war zone and it is forbidden to move north. for your safety, you must remain in the trinitarian zone in the south. it is only possible to move to the north of the strip to the south via a read. movement to the south from the south of the north is not allowed and dangerous. that feeds into what you are saying that this humanitarian pause, many have been displaced from the north to the south you might have been hoping to go back to see what remained of their homes, to try and gather together some more possessions, a very clear message to them that over the next few days even though this temporary pause infighting has taken effect, people are being told that they can t re
As volatility sees a sharp spike in markets. At this point of time it might be good to stay with sectors and stocks, where there are strong fundamentals. But they have been underperforming in bull run but at the same time and have a history of outperforming in bearish and volatile markets. Fitting this are a set of FMCG stocks where news flow and sentiment have been negative for quite some time. But as the markets get jittery and money moves from one sector to another, these stocks may outperform a bearish market. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
The correction of March on Dalal Street should serve as a warning to all those who tend to buy stocks without bothering to look at what is the business of the company. The way correction panned out, there is a high probability that going forward that an upward movement in mid-cap space would be more stocks or sector specific rather than being a broad brush up move in which every stocks is moving upward with any rhyme or reason, One thing which long term investors who are taking exposure to the mid-cap should focus on individual companies and their underlying business. Also it is time to rejig the portfolio and go with better quality stocks in even the mid cap space. At the same time, because overall valuations are high, be ready for underperformance for some time and focus on the long term.
Investment bankers fee income reached a new record of USD 1.3 billion in 2023, a 28% increase from the previous year. This is the highest since records began in 2000, according to data from LSEG Deals Intelligence. The increase was attributed to higher equity and debt issuance volumes, which offset the significant drop in deal activities.