Saudi Arabia Announces Fiscal Deficit of $135 Billion

Yesterday, Saudi Arabia announced that 2015 would produce a budget deficit amounting to $135 billion (367 billion riyals). A royal decree, effective on Tuesday, will increase petrol prices by 50%. This will only bring gasoline to 33 cents (0.90 riyals) … Continue reading

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Market Talk – April 29, 2025

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 closed • Shanghai decreased 1.76 points or -0.05% to 3,286.65 • Hang Seng increased 36.15 points [...]
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Carney’s Victory Speech – Relationship with US is Over

https://www.armstrongeconomics.com/wp-content/uploads/2025/04/Carney-Victory-Speech-4-28-25.mp4   Carney’s Victory Speech was an acknowledgement that what we are witnessing is truly more than just a hate fest against Trump. Carney is saying the relationship between USA [...]
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The New Federal Reserve HQ

The Federal Reserve is nearly done completing its revamp of its Washington, DC, headquarters with a price tag of $2.5 billion. The luxurious facility has come under intense scrutiny as [...]
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