Introduction: The recent decision by the Organisation of the Petroleum Exporting Countries (OPEC) to extend production cuts into 2024, coupled with Saudi Arabia’s additional 1 million barrels per day (bpd) cut in July, has stirred up debates and concerns about the manipulation of oil prices and its impact on the global economy. Critics in the […]
Upcoming Sales of U.S. Treasury Bonds ‘Could Wreak Havoc’
Introduction: The global financial markets are anxiously bracing themselves for the upcoming sales of Treasury bonds, as experts warn that these auctions could potentially unleash havoc on the global economy. Treasury bonds have long been considered a safe haven investment, but recent concerns regarding inflation and rising interest rates have cast a shadow of doubt […]