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Why the Middle East Oil Shock Failed to Save Russia’s Budget

Six months into the U.S.-Iran war, Russia’s oil windfall looks surprisingly meager despite initial predictions of a revenue boom.

Sep 01, 2026 · Staff
Originally on Wedgetail
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U.S. LNG exports rose 23% in the first half of 2026 because of higher capacity

U.S. liquefied natural gas (LNG) exports averaged 17.4 billion cubic feet per day (Bcf/d) in the first six months of the year, 23% more than the same ...

Sep 01, 2026 · Staff
Originally on Wedgetail
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How Japan stepped past China’s tourist trap

Beijing’s tourism boycott of Japan shows economic leverage doesn’t guarantee economic control.

Sep 01, 2026 · Staff
Originally on Wedgetail
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Tajikistan Taxes Tourism Trips Abroad to Fund Development at Home

The new rules would hit Tajikistan’s tourism companies while benefiting an affiliated state body.

Sep 01, 2026 · Staff
Originally on Wedgetail
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Sibanye-Stillwater to build new copper, gold mines on two continents

The miner is advancing new mines in Australia and South Africa as stronger metals prices boost earnings and shareholder returns.

Sep 01, 2026 · Staff
Originally on Wedgetail
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Political meddling at the Census Bureau damages the entire US statistical system

This summer marks the worst period for US statistical integrity since President Donald Trump fired the head of the Bureau of Labor Statistics last Aug...

Sep 01, 2026 · Staff
Originally on Wedgetail
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Spate of global meetings reflect fracturing geopolitics

G20 finance ministers were “blindsided” by Russia’s attendance, while the host, the US, blamed Canada for trade tensions.

Sep 01, 2026 · Staff
Originally on Wedgetail
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Apple CEO Tim Cook steps down

Since he replaced the late Steve Jobs, Apple has shipped 3.1 billion iPhones and its stock price has risen 2,275%.

Sep 01, 2026 · Staff
Originally on Wedgetail
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Global bond yields hit highest levels in decades

Renewed conflict in the Gulf pushed oil prices up, and the US Federal Reserve chair made hawkish noises last week.

Sep 01, 2026 · Staff
Originally on Wedgetail
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Venezuela oil exports jump amid controversial US deal

Washington recently took a stake in a firm in an effort to tap the world’s largest oil reserves and tame fuel prices at home.

Sep 01, 2026 · Staff
Originally on Wedgetail
News
Poland readies for record-breaking defense show as opulent budget lures vendors

Poland's sizable defense budget is expected lure a record number of companies to the European nation next week.

Sep 01, 2026 · Staff
Originally on Wedgetail
News
Venezuela oil deal needs transparency to last

Concentrating control of Venezuela’s oil industry with the US government could ultimately backfire.

Sep 01, 2026 · Staff
Originally on Wedgetail