Skip to main content

Markets and Wealth News in Kuwait flagKuwait

Stories filed about Kuwait across equity markets, funds, income and currency. Coverage describes what was reported, so you can see how a market is being written about without being told what to do about it.

Latest Articles

😐
Zero HedgeZero Hedge
🇰🇼

Remembering The False Gloom And Doom Of The 1992 Elections... And The Upcoming Midterms

Inflation

Remembering The False Gloom And Doom Of The 1992 Elections... And The Upcoming Midterms Authored by Victor Davis Hanson via American Greatness , Republicans risk repeating 1992 by failing to counter economic pessimism with the facts about strong growth, falling inflation, rising incomes, and a recovering economy. In 1992, Bill Clinton won the presidential election partly on the basis of his campaign's false accusation that George H. W. Bush had overseen " the worst economic performance since the Great Depression. " Or so claimed Clinton's running mate Al Gore. James Carville, chief campaign adviser to Clinton/Gore, amplified that message with the constant refrain: "It's the economy, stupid." That strategy worked for three reasons. First, third-party candidate Ross Perot siphoned off nearly 19 percent of the vote . Most of his supporters would otherwise likely have gone to Bush. Perot allowed Clinton to win with a mere 43 percent of the popular vote, in part by echoing the false narrative of a crushing Bush recession.

3 days ago
Read more
(opens in a new tab)
😐
Zero HedgeZero Hedge
🇰🇼🇮🇶🇮🇷

The Hidden Mechanism Behind Washington's Control Of Iraq's Oil Money

Earnings

The Hidden Mechanism Behind Washington's Control Of Iraq's Oil Money Via Middle East Eye For more than two decades, Iraq's oil wealth has passed through a financial system centered thousands of miles away in New York. The arrangement, created after the US-led invasion of Iraq in 2003, was initially designed to protect Iraqi oil revenues from creditors and help fund reconstruction. Today, it gives Washington significant leverage over Iraq's access to its own dollars, leverage that the US is increasingly using as it pressures Baghdad to curb Iran's influence and the activities of armed groups aligned with Tehran. The issue came into sharp focus in April, when Washington blocked a shipment of about $500m in cash to Iraq as it pressured the government over Iran-aligned armed groups. via AFP Muayen al-Kadhimi, a former parliamentary Finance Committee member, condemned the decision at the time, calling on the government to end what he described as US dominance over Iraqi funds . "The US decision to freeze or delay sending Iraq's foreign currency entitlements represents a serious violation of the financial and political sovereignty of the Iraqi state," al-Kadhimi said.

5 days ago
Read more
(opens in a new tab)
😊
SmartkarmaSmartkarma
🇰🇼

Smartkarma | Ahli Bank of Kuwait - NIM Resilience, RotE Trajectory Positive, Maintain Hold on Valuation

Earnings

» Smartkarma / by Arqaam Capital / Equity Bottom-Up We raise our FY26e earnings forecasts by 36%, driven by stronger NII and lower credit costs after stronger YtD trend and H2e outlook. H1 26 earnings grew 16.9% y/y as NIM expanded to 2.54% and provisions declined 17.7%. BS growth has resumed following FY25 optimization, with loans and deposits growing 7.8% and 6.5% YTD, respectively. Content is external report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below. » Get straight to the source on Smartkarma.

16 days ago
Read more
(opens in a new tab)

We use cookies to improve your experience. See our Cookie Policy (opens in a new tab) for details.