Tuesday, June 06, 2023

Why Iran and Saudi Arabia are creating a Joint Navy...Aftermath of BRICS Summit Last Week | 7,297 views June 6, 2023

Iran recently proposed forming a joint navy with Saudi Arabia and other Gulf states in a move that could have major geopolitical significance if it came to pass. So, how likely is this alliance? And how could it shape Middle Eastern and global politics?

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Mohamed A. El-Erian @elerianm Per Bloomberg: “Global credit markets are running at their hottest in two decades….

Yield premiums on corporate debt have narrowed to 103 basis points, the least since June 2007 amid a resilient economic outlook.” #economy ...