Chinese, Iranian diplomats meet before US-Iran nuclear talk; move reflects Teheran’s willingness to seek intl support: Chinese expert

Just a day before nuclear talks between Iran and the US is set to take place in Oman, Chinese Assistant Foreign Minister Liu Bin met with visiting Iran's Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi on Thursday, as the two sides focused their… pic.twitter.com/S2PVzZQf7y — Global Times …

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Fed Minutes Show Willingness for Still More Rate Hikes

via Mike Shedlock The market’s reaction to the May FOMC meeting was dovish. The minutes are another matter. Rate cut odds for July and September dropped on hawkish comments. Chart courtesy of CME Fedwatch Fed May 1 Minutes Key Snip Participants remained highly attentive to inflation risks and noted the uncertainty associated …

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Saudi Arabia’s $100 Billion AI and Semiconductor Fund Signals Willingness to Divest from China at US Request

With substantial financial backing from Saudi Arabia’s Public Investment Fund, totaling a staggering $100 billion, Alat is positioned as a key player in the rapidly evolving landscape of artificial intelligence (AI) and semiconductor technology. Midha’s assurance that Alat would swiftly disengage from its partnerships in Beijing if they were deemed …

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Biden’s Brawndo (The Economic Mutilator)! Fed Paid Treasury $76 Billion In 2022, $200 Million Every Day, Bank Willingness To Lend Crashes, Bank Credit Falls For 16th Straight Week, Biden Enacts War Powers To Get Households To Use Inefficent Electric Heat Pumps

by confoundedinterest17 Biden’s terrible economic policies and horrid fiscal managment has put stress on The Federal Reserve. The Federal Reserve paid an estimated $76 billion to the Treasury in 2022 while banks’ willingness to lend has plummeted. First, let’s look at Biden’s and The Fed’s Brawndo. One of the key ways central banks …

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