Emerging markets
Trump administration to announce U.S. will call Persian Gulf the Arabian Gulf during Middle East visit: Report
Strait of Hormuz in the Persian Gulf. Stocktrek | Photodisc | Getty Images DUBAI, Unites Arab Emirates — President Donald Trump’s administration reportedly plans to announce that the U.S. will officially call the Persian Gulf the Arabian Gulf or Gulf of Arabia, a move that would be welcomed by Arab Gulf leaders and likely draw […]
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Vance arrives in India, to hold talks with Modi under U.S. tariffs shadow
U.S. Vice President JD Vance arrives on April 21, 2025 in New Delhi, India. Vance will hold talks with Prime Minister Narendra Modi as India attempts to boosts ties with the Trump administration and avoid steep U.S. tariffs. Kenny Holston-Pool | Getty Images U.S. Vice President JD Vance began a four-day visit to India on […]
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Why Trump’s nuclear talks with Iran could be far more successful than Biden’s
This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran’s Foreign Minister Abbas Araghchi speaking to AFP during an interview at the Iranian consulate in Jeddah on March 7, […]
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Tesla launches in Saudi Arabia amid Chinese competition and tumbling sales
Tesla Cybertruck Courtesy: Tesla Tesla, Inc. is debuting sales in Saudi Arabia, the oil-rich kingdom whose long desert highways are home to gas-guzzling SUVs — and where there are no chargers to be found for hundreds of miles. The American electric vehicle maker is hoping that success in neighboring countries like the United Arab Emirates […]
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The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble
U.S. President Donald Trump with Mohammed bin Salman, crown prince of Saudi Arabia, at the start of the Group of 20 summit on 28 June 2019. Bernd von Jutrczenka | picture alliance | Getty Images DUBAI, United Arab Emirates — The wealthy Arab Gulf states are in a better position than many other regions of […]
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Emirates President Tim Clark warns of ‘uncharted territory’ as tariffs hit global aviation
Emirates President Tim Clark warned that the aviation industry is in “uncharted territory” as U.S. President Donald Trump’s sweeping tariffs and trade disputes weigh on global growth and threaten to drive up costs for airlines worldwide. “Right now, we are in troubled times,” Clark told CNBC in an interview recorded March 20 — ahead of […]
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Political and financial turmoil set to dominate Turkey, risking economic stabilization plans
Protesters clash with Turkish anti riot police as they use tear gas and water cannons during a demonstration following the arrest of Istanbul’s mayor, in Ankara on March 21, 2025. Adem Altan | Afp | Getty Images More than 1,100 people have been arrested in Turkey’s nationwide protests since demonstrations began on March 19, Turkish […]
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Political free fall: Turkey faces protests, investor flight after opposition leader’s arrest
Turkish MPs, mayors, party members, members of different political parties, representatives of non-governmental organizations and citizens protest against the detention warrant of the Istanbul Metropolitan Municipality (IBB) Mayor Ekrem Imamoglu, Beylikduzu Mayor Murat Calik and Sisli Mayor Resul Emrah Sahan, at the CHP Headquarters in Ankara, Turkey on March 19, 2025. Evrim Aydin | Anadolu | […]
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Turkish lira, stock market drop after Istanbul mayor and Erdogan rival arrested
Istanbul Municipality Mayor Ekrem İmamoğlu speaks at the 19 May Commemoration of Atatürk, Youth and Sports Day celebrations held at the Maltepe Event Area on May 19, 2023 on Istanbul, Turkey. Hakan Akgun | Getty Images The Turkish lira fell to a record low against the dollar and the country’s benchmark stock index dropped by […]
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Brazil’s bond market could be an ‘oasis’ for some investors as Trump ramps up tariff threats
A Brazilian flag. Anadolu | Anadolu | Getty Images Brazil’s government bonds could become an “oasis” for some investors, analysts told CNBC, particularly as global trade tensions fester. The bond market of Latin America’s largest economy is driven more by idiosyncratic factors such as fiscal policy and inflation outlook rather than by global sentiment, said […]
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