Business
Some Bonds Are Getting ‘Twitchy,’ Major Says
Steven Major, global macro advisor at Tradition Dubai, says some bonds may be getting “twitchy” further out on the curve. He says the US Treasury is not doing any favors for the taxpayer “by issuing long bonds north
north of 5% yield.” He speaks on “Bloomberg Surveillance.”
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Bloomberg New Voices: The business evolution of Martha’s Vineyard#shorts #business #blackbusiness
Industry leaders joined Bloomberg’s New Voices program on Martha’s Vineyard to speak about how the island is becoming a place for business and collaboration https://bloom.bg/3Sf3cfr
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US-Canada trade talks collapsed late Friday, triggering 50% US tariffs on about $20 billion of Canadian goods and a pledge from Prime Minister Mark Carney to retaliate dollar for dollar. Joining Bloomberg This Weekend are Bloomberg White House Correspondent Jeff Mason and Bloomberg Markets and Economic Columnist Jonathan Levin to discuss how the dispute could deepen a lasting rupture between the allies while tariff-driven inflation, rising Treasury yields and the $40 trillion US debt load complicate the administration’s economic message ahead of the midterms.
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Rebecca Patterson, senior fellow at the Council on Foreign Relations and former chief investment strategist at Bridgewater Associates, joins Scarlet Fu and Tom Keene on “Bloomberg Money.” Total US public debt surpassed $40 trillion for the first time, and has now surged by a third in less than five years, as US lawmakers continue to shrug off calls to contend with historically wide fiscal deficits.
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Russian President Vladimir Putin attended a meeting of the Council for Strategic Development and National Projects on Wednesday. #russia #ukraine #putin #politics #world
During the meeting Putin said that Ukraine strikes on industrial and infrastructure facilities in Russia cause damage, but there are no critical consequences.
“Of course, such attacks have no critical consequences, they never have and never will. But they certainly cause us harm; that much is obvious,” said Putin.
Read more: https://www.bloomberg.com/news/articles/2026-08-14/putin-is-ready-to-meet-witkoff-kushner-again-lavrov-says
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Turkey is seeking to attract more rich residents with tax incentives, including minimal inheritance tax and 20 years of overseas income free from local levies. #turkey #london #dubai #news #business #world
The country is trying to position itself as a regional finance and wealth center, taking advantage of instability in rival wealth hubs such as London and Dubai.
Turkey’s new policies offer attractive lifestyle options, including a citizenship by investment program, and a location that is closer to Europe, with shorter travel times and easier access to Asia.
Read more: https://www.bloomberg.com/news/articles/2026-08-04/london-and-dubai-wealth-volatility-drive-turkey-s-plan-to-attract-rich
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