Geopolitics

Some G20 differences remain over imbalances, sovereign debt, US Treasury official says - marketscreener.com

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DW NOTE

The G20 cannot agree on imbalances because the imbalances fund the disagreement. America's $1.4 trillion deficit requires someone to finance it; those doing the financing now want a say in how the system works. Sovereign debt restructuring means haircuts, and no finance minister walks into a summit eager to volunteer their bondholders.

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Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

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Some G20 differences remain over imbalances, sovereign debt, US Treasury official says - marketscreener.com

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Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

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