Powell uses the ‘R-word’

By Jeffrey Halley   Federal Reserve Chairman Jerome Powell’s semi-annual testimony on Capitol Hill was the centre of attention overnight. Speaking to Congress on Wednesday, Powell finally dispensed with soft landings, describing them


Congress members slam US over EastMed snub

US congress members Nicole Malliotakis and Gus Bilirakis slammed the Biden administration for its handling of the EastMed gas pipeline and demanded an in-person briefing. A letter to Naz Durakoglu, Principal Deputy Assistant

Stocks shrug off chaos in Washington

By Hussein Sayed, Chief Market Strategist at FXTM The world was shocked by Wednesday’s US Capitol insurrection. For many, such scenes can only be seen in Hollywood movies, but Trump supporters turned


Pompeo urged to put Erdogan in his place

Twenty-one US congress members have urged US Secretary of State Mike Pompeo hold Turkey accountable for opening fenced-off Varosha and condemn its President Recep Tayyip Erdogan for supporting a two-state solution for