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Israel and Morocco have agreed to upgrade diplomatic relations, open embassies and appoint ambassadors.

2026-09-17

Israel and Morocco have agreed to upgrade diplomatic relations, open embassies and appoint ambassadors.

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2026-09-17

UK Prime Minister Burnham said the government’s upcoming budget, due Oct. 28, will be "challenging", marking a shift from his earlier growth-optimistic tone. Officials had planned a modest package focused on cost-of-living relief, lower business cost

UK Prime Minister Burnham said the government’s upcoming budget, due Oct. 28, will be "challenging", marking a shift from his earlier growth-optimistic tone. Officials had planned a modest package focused on cost-of-living relief, lower business costs and devolution, but a deteriorating global backdrop—notably Middle East hostilities that have pushed energy prices higher—has raised inflation and gilt yields, increasing borrowing costs. August inflation rose to a five-month high, keeping the Bank of England rate path under scrutiny. Economists estimate rising yields could cut the £23.6bn fiscal buffer under fiscal rules by about £12bn. Chancellor Healy said the economy shows resilience and the government will continue to pursue growth while taking difficult decisions to preserve stability.
2026-09-16

Baltic Dry Index fell 33 points (1%) to 3,327 as freight for larger vessels weakened. Capesize index (BCI) dropped 75 points (-1.3%) to 5,612; Capesize average daily earnings fell $675 to $47,397. Panamax index (BPI) fell 39 points (-1.6%) to 2,325;

Baltic Dry Index fell 33 points (1%) to 3,327 as freight for larger vessels weakened. Capesize index (BCI) dropped 75 points (-1.3%) to 5,612; Capesize average daily earnings fell $675 to $47,397. Panamax index (BPI) fell 39 points (-1.6%) to 2,325; Panamax daily earnings declined $349 to $20,927. Supramax index (BSI) rose 12 points (0.7%) to 1,748. Handysize index (BHSI) was unchanged at 961.
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