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25d06/22

Alan Greenspan, former US Fed Reserve chair, dies aged 100

Alan Greenspan, hailed as the greatest Federal Reserve chairman when he retired in 2006 but derided for a severe financial crisis that followed barely two years later, died on Monday aged ⁠100, NBC News reported. Greenspan, who exerted a powerful influence on the US economy ⁠during his tenure at the helm of the Fed from August 1987 to January 2006, died at his home ⁠from complications of Parkinson’s disease, NBC reported, citing his wife Andrea Mitchell, who is the outlet’s chief Washington...

unclassifiedchina · asia · usa
25d06/22shipping-routes · 2/5

Kuwait Offers Gulf Oil Loadings as Producers Seek Hormuz Outlet

Kuwait is offering naphtha for loading at its ports deep into the Persian Gulf in the first such tender in months, as Middle Eastern oil producers seek to raise shipments through the Strait of Hormuz. State-held Kuwait Petroleum Corporation (KPC) has issued a tender to sell naphtha cargoes to be picked up at Kuwaiti ports by buyers, Bloomberg reported on Monday, quoting a tender document it had seen. The Kuwaiti tender is a sign that the Gulf producers are hopeful that the Strait of Hormuz reope

unclassifiedmiddle-east · russia · usa
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