2026-03-23 13:00:09
In March, Nick Fry tried to make some changes to a couple of upcoming trips.
2026-03-23 13:00:06
The skies across the Gulf are lit up by flames, the price of oil and gas is heading through the roof and the bond markets are demanding ever higher yields on the interest of the UK’s debt mountain. Is Keir Starmer worried? Apparently not. “The British economy is better placed than it otherwise would have been to weather this storm,” the prime minister declared last week. “Since the election we have built up our national resilience.”
2026-03-23 13:00:04
In the space of a weekend, Donald Trump went from saying his war goals in Iran had been achieved and he’d soon be “winding down,” to issuing a 48-hour ultimatum for Tehran to either open the Strait of Hormuz or see the US bomb its power plants, starting with “the biggest.”
2026-03-23 12:00:07
The TACO moment in Iran has finally arrived. But markets should brace for short-term pain.
2026-03-23 12:00:05
Banks making loans to specialist fund managers instead of directly to companies is meant to act like a firebreak protecting traditional lenders against the risks of businesses going bust. But losses from financing private credit firms and other nonbank lenders are coming back to bite them — and it’s making their investors antsy.
2026-03-23 04:00:04
The US government’s trade lawyers are working overtime. So what if the work in question requires more imagination than it does expertise?
