A new geopolitical storm is brewing as the United States takes control of Venezuela’s oil reserves. This move significantly alters global energy markets and creates new uncertainties. China and Russia are closely watching developments. While short-term oil prices may rise, the long-term outlook suggests potential price drops. Emerging markets could benefit from lower inflation and interest rates.
Federal Reserve to hold rates as political storm intensifies around Powell
The Federal Reserve is expected to pause its interest-rate-cutting cycle this week, as a more stable jobs market eases divisions within the central bank. Officials