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Trump Declares National Emergency as U.S. Tightens Stance on Cuba

President Donald Trump on Thursday signed an executive order declaring a national emergency in respect with Cuba. President Donald Trump has declared a national emergency related to Cuba, marking a sharp escalation in Washington’s approach toward the island nation. The declaration frames Cuba’s government as a significant threat to U.S. national security and foreign policy interests, opening the door for new economic and diplomatic measures. A key component of the order allows the United States to impose tariffs on any country that supplies oil to Cuba. The move is designed to pressure foreign governments and companies that help sustain the island’s energy sector, which has long relied on external support. The administration argues that Cuba’s close ties with adversarial governments and its alleged involvement in activities that undermine regional stability justify the emergency action. The decision signals a renewed effort to isolate Havana and reshape the geopolitical dynamics of ...
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UK Bonds Experience Worst Start to a Year on Record

 


UK bonds have experienced the worst start to a year on record, following an unexpected surge in inflation. 

The Bloomberg Sterling Aggregate Bond Index is down over 3% this month, more than any other sovereign market. The UK isn’t the only place where investors are rethinking their aggressive bets on interest-rate reductions. Traders in the US and Europe have also moderated their expectations. 

The turbulence in the bond market has brought home how vulnerable markets are. The Bank of England is now caught between a rock and a hard place, as the clear path the market was painting for a steady reduction in interest rates this year may have to be re-visited .


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