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US manufacturing showed more signs this week of succumbing to the Federal Reserve’s aggressive interest-rate hikes that are taking a bigger bite out of demand and risk upending the economic expansion.
Royal families of Gulf states such as Saudi Arabia, the United Arab Emirates and Qatar own more than £1 billion ($1.2 billion) of UK real estate via offshore tax havens like Jersey and the British Virgin Islands, the Guardian newspaper reported.
Almost half of people in Britain are struggling with a surge in the cost of running their household after inflation hit a four-decade high, a think tank warned.
A Saudi prince is suing a business partnership over $5 million in his purchase of a stake in a lush Bahamian island, the latest of the kingdom’s wealthy royals to turn to Delaware’s Chancery Court to resolve a dispute.
Colombia’s central bank slowed the pace of monetary tightening and signaled that interest rate rises are nearing an end as the economy’s growth outlook dims.
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