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Rizk: Fiscal Pressures Show in Bahrain Bonds

A selloff in Bahrain's bonds is pushing its borrowing costs to levels last seen during the nation's 2018 crisis. The heavily indebted Gulf state is grappling with the fallout from the Iran war just as surging US Treasury yields drive up its debt-servicing costs. Zeina Rizk, Co-Head of Fixed Income at Amwal Capital Partners spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the bond performances in the GCC. Corrects misquote in headline.

Read more: Rizk: Fiscal Pressures Show in Bahrain Bonds
Bloomberg
Financial

Rizk: Economic & Physical Pressure Show in Bahrain Bonds

A selloff in Bahrain's bonds is pushing its borrowing costs to levels last seen during the nation's 2018 crisis. The heavily indebted Gulf state is grappling with the fallout from the Iran war just as surging US Treasury yields drive up its debt-servicing costs. Zeina Rizk, Co-Head of Fixed Income at Amwal Capital Partners spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the bond performances in the GCC.

Read more: Rizk: Economic & Physical Pressure Show in Bahrain Bonds
Bloomberg
Financial

US Won't Attack Iran Before Midterms, Trump Says

US President Donald Trump said in a social media post on Thursday that the US would not be attacking Iran before November's midterm elections. His decision comes despite Iran escalating attacks on tankers in the Strait of Hormuz, Tehran-backed militants in Yemen attacking energy facilities in Saudi Arabia and Trump's decision to move US bombers from a base in the UK because of possible Iran-linked threats. Bloomberg's Stuart Livingstone-Wallace reports.

Read more: US Won't Attack Iran Before Midterms, Trump Says
Bloomberg
Financial

Las Vegas Sands CEO: Remain Bullish on Macau Outlook

Macau's casinos have been facing a deepening slowdown, with gaming revenue falling for a fourth straight month in September, as China tightens scrutiny of capital outflows. But Las Vegas Sands CEO, Patrick Dumont, told Bloomberg's Stephen Engle that he remains bullish on the region, amid the trade truce between China and the US.

Read more: Las Vegas Sands CEO: Remain Bullish on Macau Outlook