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Yemen's electricity minister said the continued presence of Houthi forces makes peace in the region impossible.

2026-08-16

Yemen's electricity minister said the continued presence of Houthi forces makes peace in the region impossible.

Other News
2026-08-15

Iran's foreign minister said Iran has not yet decided to resume talks with the US.

Iran's foreign minister said Iran has not yet decided to resume talks with the US.
2026-08-16

Next week's UK CPI will be market focus; AI-driven memory-chip shortages and higher energy costs are keeping the Bank of England cautious. Wednesday's print is expected to show CPI accelerating for the first time in four months; economists' median fo

Next week's UK CPI will be market focus; AI-driven memory-chip shortages and higher energy costs are keeping the Bank of England cautious. Wednesday's print is expected to show CPI accelerating for the first time in four months; economists' median forecast is July CPI 2.9% YoY. Forecasts indicate this may mark the start of an upward trend into H2, reversing earlier easing. With the Iran conflict increasingly feeding into prices and domestic activity still firm, the data could unsettle BoE rate-setters. The Bank of England warns rapid expansion of AI compute is pushing up memory-chip costs for phones, laptops and game consoles, and British Retail Consortium July data shows chip-cost increases are passing through to electronics prices.
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