Second Round: Setback for Jim Jordan in House Speaker Bid
The second round of voting will start later today (Wednesday, October 19) to name the new US House of Representatives Speaker.
As Trump ally, Republican Jim Jordan lost the initial vote to become House Speaker on Tuesday. A second vote is now planned at 11:00 (15:00 GMT) on Wednesday.
Jordan, who believed he would win the 217 votes required to secure the speakership, came up against Read More
Investors will face three key challenges during the remainder of the year: inflation, a slowing global economy and high stock valuations.
Now we’re in the second half of the year, investors will be studying the market outlook, macro risks and forecasts.
As I talked about on CNBC Africa and was quoted by Advisorpedia and Mena FN, amongst other media, up to now, 2023 has been a better year for economies around the world than many had forecast. That Read More
This week, the breakup of Chinese mega-conglomerate Alibaba marks the beginning of a series of enormous opportunities for global investors in China.
On Tuesday, the business empire – founded by Jack Ma – announced it is planning to be divided into six units and look into fundraisings or listings for the majority of them.
Alibaba is a multinational tech conglomerate operating several e-commerce, retail, and tech businesses, including payment systems, Read More
During David Cameron’s speech at the G20 summit in Brisbane over the weekend, he warned of “a dangerous backdrop of instability and uncertainty” over the global economy, which could present a very real risk to UK economic recovery.
The British Prime Minister discussed the threat of stagnation within the eurozone, where high debt and low economic growth are at the core of pecuniary trepidation. During David Cameron’s speech at the G20 summit in Brisbane over the weekend, he Read More