- French commodities trader Jean-Yves Ollivier brokers African diplomatic mission to help end war in Ukraine.
- Ollivier has previously brokered deals in Congo and advised Russia’s Rosatom nuclear power group.
- Delegation of leaders from Egypt, Senegal, Congo, South Africa, Zambia and Uganda will travel to Moscow and Kyiv next month to mediate in the conflict.
- The African continent will suffer if there's no crop next year due to the war in Ukraine.
- The mission is controversial and has no backing from the African Union.
Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.
Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.
A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec