Ian Smith

AI spending spree risks ‘investment bust’ and threat to global economy

BIS fires warning ● Prospective returns in question ● Fears over flood of debt ● Households exposed

SpaceX's green light for $25bn bond sale is clear sign of 'bubble territory'

Insurer Allianz sounds alarm Debt offer rapidly follows listing Deluge of issuance tests demand

US-Iran accord sends stocks surging as hopes rise for end to energy crisis

Crude prices tumble ● Plan to reopen key strait ● Inflation fears ease ● Deal to be signed on Friday

ECB increases rates in ‘pretty obvious’ response to Middle East energy shock

First rise since 2023 ● Central bank leads G7 reaction ● Move was expected ● No hint on future policy

Gold hits 6-month low as investors are spoilt for choice on ‘the next big thing’

Trump vows further attacks on Iran as energy shock propels US inflation

Price pressures at 3-year high ● Fuel costs biggest factor ● Wider economy at risk ● Midterms loom

Oil price surges after Trump warns he ‘does not want’ to lift blockade on Iran

Crude closes in on $120 a barrel ● Inflation fears hit European bonds ● Fed holds rates amid turmoil

Bifs put Piigs out to pasture and take on mantle of Europe’s public debt laggards