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Why leaving Opec makes sense for the UAE | The National

Tuesday’s announcement by the UAE that it will withdraw from Opec tomorrow brings the curtain down on an association that has lasted more than five decades. Although the formal end of any relationship can heighten feelings and fuel uncertainty, the reality is that the Emirates are bidding farewell to an arrangement …

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Powell era ends with rates on hold, vows to stay on as Fed governor

WASHINGTON (Reuters) -- US Federal Reserve Chair Jerome Powell closed out eight years as head of the US central bank ‌on Wednesday with interest rates on hold, rising concern about inflation, and an announcement that he would stay on as a Fed governor for now to defend the agency's independence from Trump administra…

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