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Vietnam's GDP grew at an annualized rate of 9.95% in the third quarter, compared with 8.39% in the previous quarter.

2026-10-03

Vietnam's GDP grew at an annualized rate of 9.95% in the third quarter, compared with 8.39% in the previous quarter.

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2026-10-03

White House Council of Economic Advisers Chairman Phelan believes there was no justification for the last interest rate hike.

White House Council of Economic Advisers Chairman Phelan believes there was no justification for the last interest rate hike.
2026-10-03

Naim Aslam, chief investment officer at Zaye Capital Markets in London, said the details of the European agreement to release diesel reserves were “very rough” from an operational perspective. The announcement appears intended to ease pressure, but t

Naim Aslam, chief investment officer at Zaye Capital Markets in London, said the details of the European agreement to release diesel reserves were “very rough” from an operational perspective. The announcement appears intended to ease pressure, but the actual structural changes—who will release these reserves and where the ban will be lifted—remain unclear. This decision is merely an attempt to “mitigate the bleeding” and will have a negative impact on the market. Imagine a market run, and suddenly the central bank intervenes, saying you can only withdraw a certain amount from banks. This does slow the bleeding process, but it also creates more volatility in certain aspects of investor confidence in these institutions. Now, this logic applies perfectly to the news that Europe will release diesel reserves. It’s a significant announcement aimed at mitigating the bleeding, but the actual structural problems related to the Strait of Hormuz remain, leaving consumer confidence in the market shaky.
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