The Long-awaited Saudi Accession to BRICS

Saudi Arabia, Egypt, and Algeria have emerged as strong candidates to join the "BRICS" group, which currently houses 40% of the world's population and whose gross domestic product (GDP) exceeds the…

World Stocks On Back Foot As China COVID Cases Rise

World stocks and oil prices fell on Monday as fresh COVID-19 curbs in China fueled worries over the global economic outlook. The safe-haven dollar rallied, while the U.S. Treasury yield curve…