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Repsol CEO says he is somewhat concerned about tight diesel supply in Europe over the next few months.

2026-10-29

Repsol CEO says he is somewhat concerned about tight diesel supply in Europe over the next few months.

Other News
2026-10-29

Macroeconomist Robin Brooks published an article on October 29th analyzing the market impact of the 2027 French presidential election, arguing that the policy space for populist parties in Europe hinges on whether their countries are debtor or credit

Macroeconomist Robin Brooks published an article on October 29th analyzing the market impact of the 2027 French presidential election, arguing that the policy space for populist parties in Europe hinges on whether their countries are debtor or creditor nations. France and Italy have high public debt levels, and their financing costs are influenced by market sentiment and expectations of support from the European Central Bank (ECB). If a new government engages in a fierce conflict with the EU, it may face rising bond yields and financing pressures. Therefore, even if Le Pen comes to power, her policies may be constrained by fiscal limitations. The European Commission projects that France's public debt-to-GDP ratio will rise from 115.6% in 2025 to 120.2% in 2027, with the fiscal deficit expected to reach 5.7% of GDP during the same period. In contrast, Germany is a major creditor nation in the Eurozone. If the Alternative for Germany (AfD) pushes to limit the ECB's support for highly indebted countries, it could threaten the Eurozone's financial stability mechanism. Brooks believes that the core contradiction in European politics and debt risk is shifting from the traditional left-right political divide to a conflict of interests between creditor and debtor nations.
2026-10-30

Lebanon’s Mayadeen TV, citing an Iranian insider, reported Iran denies Trump’s claim that US Vice President VANCE’s letter to Supreme National Security Council secretary Rezaei was in response to a request for equipment and medicines, calling that al

Lebanon’s Mayadeen TV, citing an Iranian insider, reported Iran denies Trump’s claim that US Vice President VANCE’s letter to Supreme National Security Council secretary Rezaei was in response to a request for equipment and medicines, calling that allegation “a complete lie” and saying it will disclose the letter’s details at an appropriate time. The source said the US is trying to use the nuclear issue to weaken Iran’s nuclear capability; Iran fears handing over enriched uranium would not end hostilities and could invite further US attacks, and it rejects mediation that merely conveys US demands and pressure. It warned that if the US uses bases in Middle Eastern countries to strike Iranian interests, Iran will respond according to the nature of the attack and will not allow Gulf states to exploit its goodwill.
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