(Bloomberg) -- Colombia’s bonds and currency dived after President Gustavo Petro threatened to “cease payments” if lawmakers refuse to approve an increase in...
-- Colombia ’s bonds and currency dived after President Gustavo Petro threatened to “cease payments” if lawmakers refuse to approve an increase in the nation’s debt ceiling .Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes
Petro has sometimes rattled markets in the past, including with his criticisms of the central bank and by floating the idea of capital controls.The peso erased gains and became among the worst performers in emerging markets, while Colombia’s dollar notes also dipped across the curve, with bonds maturing in 2035 falling as much as 0.66 cents on the dollar.“This law should be passed without any problem,” said Luis Fernando Mejia, head of the economic think tank Fedesarrollo.
-- In a bull market with no crashes, no sudden spikes in volatility and no lasting correction, cautious investors are struggling to find effective ways to hedge their positions.
New pictures of the US Air Force's newest stealth bomber — the B-21 Raider — just dropped as flight testing continuesIt began last month with the arrest of a Russian deputy defense minister. Then the head of the ministry’s personnel directorate was hauled into court. This week, two more senior military officials were detained. All face charges of corruption, which they have denied.The Prince of Wales has made a last minute decision to cancel a planned royal engagement.
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