Bolivia marked 50 days of unrest as protests over the country's economic crisis and fuel shortages led to roadblocks in La Paz, El Alto and Cochabamba, disrupting supplies and causing shortages of food and medicine
Romania is poised to break a months-long political impasse and get a new government that will be under pressure to retain investor confidence and avert a renewed economic crisis
SEC. RUBIO: THE STRAIT OF HORMUZ IS “OPEN”
@SecRubio says oil flows have nearly returned to pre-war levels—while blaming Iran’s economic crisis on its leadership’s spending abroad.
“Every dollar they get… is spent on Hezbollah, Hamas, Houthis.”
Children in Lebanon are being pushed into hunger, out of education and into work.
Four in five households in Lebanon are struggling to afford basic necessities as conflict compounds years of economic crisis.
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IRAN SIGNALS A MORE AGGRESSIVE WAR STRATEGY, SAYING IT HAS REBUILT ITS MILITARY CAPABILITIES AND HAS ENOUGH MISSILES FOR A PROLONGED CONFLICT AS US-IRAN ATTACKS CONTINUE TO ESCALATE.
TRUMP SAYS THE WAR WILL END AFTER THE NOVEMBER MIDTERM ELECTIONS, BUT BRENT CRUDE ABOVE $100 AND IRAN’S DEEPENING ECONOMIC CRISIS ARE KEEPING THE RISK OF A PROLONGED CONFLICT ELEVATED.
The TGA level is set by a highly predictable formulaic policy in place since soon after 9/11/2001. It is drawn down only during extreme sharp economic crisis or during the kabuki theater of a debt ceiling debate in Congress.
The cash management policy could be changed that's true. BUT it's not necessary to tap TGA to buyback bonds as long as the bills market is open.