Geopolitics

BUYER BEWARE: Mark Carney Pitches a Canada “Wealth” Fund - Funded With Government Debt - What Could Possibly Go Wrong? - EnergyNow

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DW NOTE

Mark Carney wants Canada to borrow money to create a sovereign wealth fund. Actual wealth funds — Norway's, Abu Dhabi's — are built from commodity surpluses, not bond auctions. Borrowing to invest only works if the return exceeds the cost of debt, and governments are not known for generating alpha. This is fiscal engineering dressed up as nation-building.

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Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider

India’s Oil Buyers Squeezed by $123 Crude and Weak Rupee

The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.

Can Gold Hold Its 2026 Lows as Silver Breaks Below Its Own? - FOREX.com

Lula faces a fiscal reckoning after Brazil’s market rout

Concerns about management of economy trigger worst day for currency in more than 25 years

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Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider

India’s Oil Buyers Squeezed by $123 Crude and Weak Rupee

Can Gold Hold Its 2026 Lows as Silver Breaks Below Its Own? - FOREX.com

Lula faces a fiscal reckoning after Brazil’s market rout