International
Musk leaves Twitter with no good options
Elon Musk has withdrawn his offer to buy Twitter for USD44bn
International'Uber Files' will hurt firm and Macron
A major document leak shows that Uber established a secret lobbying campaign in Europe
InternationalRare-earth diversification will rise in Western states
Western states are making progress in securing non-Chinese supplies of rare earths for energy, civilian and defence use
InternationalWeaker demand will aid gradual oil market rebalancing
Slower global growth and demand destruction will dampen demand-side pressures and help to rebalance the oil market
InternationalWage-price spiral risks should moderate in the West
High inflation is fuelling inflation expectations and wage demands, increasing the risk of a wage-price spiral
InternationalCentral bankers largely see business-as-usual resuming
The UBS central bank survey sees inflation easing, and sees Western sanctions on Russia having little impact elsewhere
InternationalSupply chains will dominate the US trade agenda
US trade plans are solidifying eighteen months into the Biden administration amidst a deteriorating global economy
InternationalServices activity will increasingly diverge worldwide
The services PMIs showed China and Japan recovering after reopening in June but euro-area activity slowing markedly
International