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Czech Ministry of Finance: The windfall profits tax levied on the oil refining industry in 2026 is expected to generate 5.5 billion Czech crowns in revenue.

2026-09-21

Czech Ministry of Finance: The windfall profits tax levied on the oil refining industry in 2026 is expected to generate 5.5 billion Czech crowns in revenue.

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2026-09-21

Mark Pfifler, a Republican strategist and former White House and national security official, said that Iran and the United States remain willing to reach an agreement. In an interview, he stated, "Sometimes, the key to diplomacy lies in what conditio

Mark Pfifler, a Republican strategist and former White House and national security official, said that Iran and the United States remain willing to reach an agreement. In an interview, he stated, "Sometimes, the key to diplomacy lies in what conditions are removed from the negotiating table." He pointed out that when Iran's Supreme National Security Council Secretary Rezaei reiterated his demands for negotiations with the United States, he repeatedly emphasized ending the blockade, unfreezing funds, and ceasing attacks. However, he did not mention reparations or reconstruction funds. This gives me a concrete indication that, despite the continued strong rhetoric from both sides, the pressure exerted by the United States on Iran is having some effect. It also suggests that both sides are still looking for room for negotiation in the coming weeks.
2026-09-21

JP Morgan sees upside risk to South Korea rates and expects the Bank of Korea to hike in Nov, Feb and May to a terminal 3.75%, above economists’ median of 3.5%. The bank forecasts Korean GDP growth of 3.8% this year and 3.3% next year and says a semi

JP Morgan sees upside risk to South Korea rates and expects the Bank of Korea to hike in Nov, Feb and May to a terminal 3.75%, above economists’ median of 3.5%. The bank forecasts Korean GDP growth of 3.8% this year and 3.3% next year and says a semiconductor boom could boost investment, exports, wages and domestic demand. JP Morgan expects the Bank of Korea to hold rates at 3% on Oct. 22 but warns stronger domestic demand and persistent core inflation could push the terminal rate above 3.75%.
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