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The UAE's continuity is based not on avoiding risk but managing it | The National

The ceasefire involving Iran has prompted a familiar wave of quick conclusions. As tensions eased, some observers framed the episode in binary terms – either as a test the region passed or as a warning sign of deeper fragility. Yet such interpretations miss the more important question: not whether disruption occurre…

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Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years

Goldman Sachs reported its highest quarterly profit in five years, as the bank's equities traders beat their own previous all-time quarterly high revenue by more than $1 billion thanks to a surge in market volatility due to the war in Iran; however this stellar performance in equities was offset by an unexpected dro…

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World Bank chief sounds alarm about looming jobs crisis even after war ends

WASHINGTON, D.C. — The Middle East war will dominate global finance officials' talks this week in Washington, but World Bank President Ajay Banga is sounding the alarm about a bigger, looming crisis: a huge gap in jobs for the 1.2 billion people who will reach working age in developing countries in the next 10 to 15…

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Futures Slide But Off Session Lows As Oil Spikes Above $100 Ahead Of Trump's 10am Hormuz Blockade

Stock futures are lower, but off their worst levels of the session, as Brent crude surged 7% to over $102 after Trump ordered a blockade of the Strait of Hormuz to take place at 10am ET. The moves look relatively contained given the breakdown of US-Iran talks, with strategists saying this is a moment to buy the dip.…

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