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17.10.26 - 04:30
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Qatar′s Government Revenue Plunges 42% In First Half As Iran War Knocks Out Gas Exports (ZeroHedge)
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Qatar's Government Revenue Plunges 42% In First Half As Iran War Knocks Out Gas Exports
Qatar's government revenue fell 42% in the first half of 2026, Emir Sheikh Tamim bin Hamad Al Thani told the Shura Council on Tuesday, October 13. The figure puts an official number on the damage that the Iran war and the closure of the Strait of Hormuz have inflicted on what was previously the world's second-largest liquefied natural gas (LNG) exporter. Public spending also fell 14% over the same six months, the emir added as he opened the council's annual session in Doha.
"It is only natural that the crisis would have a negative impact on public finances," the emir said, according to TRT World. Still, he emphasized that the government will not cut essential services or alter its development goals. He credited the financial cushion Qatar built before the war–larger reserves, lower public debt, and conservative oil-price assumptions–and pointed to roughly QR221 billion ($60.7 billion) in p...
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17.10.26 - 00:24
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JP Morgan Strategist on AI Jitters, Investing Outlook (Bloomberg)
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Jordan Jackson, JPMorgan Asset Management Global Market Strategist, discusses whether earnings growth may be nearing a peak even if results are not worsening. Jackson agrees that third-quarter results are expected to be strong, with forecasts calling for about 27% to 28% year-over-year earnings growth. He speaks with Romaine Bostick & Kristine Aquino on "The Close." (Source: Bloomberg)...
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