Finance
Every Magna Bureau story on finance: 42 articles, investigations and analysis in one place.
Last updated: October 2026
The war that refused to end: Ethiopia is fighting in…
Four years after a war that killed hundreds of thousands, Ethiopia is fighting in Tigray again — and this time the internet went dark first.
NewsThe Smelter Trap: Why Owning the Mine Is Not Enough
Copper smelter fees collapsed to historic lows. Western miners ship raw ore east because domestic smelters cannot afford to run.
NewsLibya's oilfield, hostage to a valve — Magna Bureau
One closed valve has cut Libya's biggest oilfield by two-thirds. In a world already short of oil, the Petroleum Facilities Guard just reminded everyone…
NewsThe Settlement Grid: Life After the Dollar's Plumbing
mBridge, CIPS, UPI, PIX: the parallel settlement rails are already installed. A three-perspective investigation on optionality, not confrontation.
NewsThe Rare-Earth Truce: Greenland, Magnets, and the 60-Day…
Xi left Washington with a two-month trade truce. Trump got a veto over Greenland's minerals.
NewsThe $110 Question: Central Banks Hike Into a Supply Shock
Brent north of $105, the Fed raising rates for the first time in three years, and a pipeline in flames.
NewsThe OECD Stops Believing in Soft Landings — Magna Bureau
Nine months ago the OECD expected inflation to converge and AI to save growth. Now it sees sticky prices, an AI capex bubble, and trade policy as pure…
NewsStrait of Hormuz: The Arithmetic of Closure — Magna Bureau
Twenty million barrels a day through one strait. Spare capacity, shadow fleets, and war-risk insurance. A three-perspective investigation.
NewsWashington weighs exporting the dollar as stablecoin to…
Washington wants to export the dollar as stablecoin — a cross-agency push to fund deficits with token demand abroad. The plan to dollarize crypto.
NewsA drought in Sulawesi shakes the world's nickel machine
Water shortages forced smelters at Indonesia's giant Morowali nickel park to cut stainless-steel feedstock output, rattling prices.
NewsFrance pays the crisis premium again: OAT-Bund spread tops…
France now pays more than Italy and Greece to borrow: the OAT-Bund spread tops 100 basis points for the first time since 2012, as debt nears 119% of GDP.
NewsThe dollar reclaims 101 as Treasury yields cross five…
The dollar index hits an eight-week high and the 10-year Treasury yield crosses 5% — unseen since 2007. Gold falls below $4,300. The Fed arithmetic, in full.
News'A very clear message': Tokyo puts — Magna Bureau
Japan's top FX diplomat told markets Monday that the yen's slide is sending 'a very clear message' — the sharpest intervention warning yet, with the currency near 157 and July's joint operation with W
NewsThe $20 billion fund collapse shaking — Magna Bureau
Suspected share-price manipulation triggered a liquidity crisis that forced regulators to liquidate 100+ investment funds. Asset freezes are being lifted, a ruling-party deputy chair resigned, and Erd
NewsTrump said no to Tehran's Hormuz offer — Magna Bureau
The American president rejected Iran's proposal to reopen the Strait of Hormuz in exchange for halting US strikes. Oil jumped 3%, Kuwait intercepted Iranian drones, and the mediator channel kept runni
NewsGulf oil exports hit a war-time high — as — Magna Bureau
Brent rose for a second straight session past $105 while Gulf crude exports hit 12.8 million barrels a day, the highest since February. The diplomats talked; the tankers found another way.
NewsCook's warning: oil and AI are the two — Magna Bureau
Fed Governor Lisa Cook told economists in Oakland that rising oil prices and AI-driven price pressure are 'material risks' to the disinflation story — weeks after the Fed's first rate cut in three yea
NewsBeijing reaches for the levers: the — Magna Bureau
China's cabinet pledged 'stronger counter-cyclical measures' Monday to defend its 4.5–5% growth target — as Washington and Beijing each cut $30 billion in tariffs and opened an AI incident channel. Th
NewsThe gas field that straddles a border — Magna Bureau
Nicosia and Jerusalem aim to close the Aphrodite-Ishai compensation deal by end-October, while Chevron pushes engineering toward a final investment decision. A sliver of reservoir, a decade of diploma
NewsOPEC+ holds October steady; the 2027 quota — Magna Bureau
Seven producers keep October output flat ahead of the Oct 4 meeting — Saudi Arabia at 10.478 million barrels a day. But the real negotiation is the 2027 quota architecture, and whether spare capacity
NewsIsrael's gas fields post their — Magna Bureau
Gross sales from Leviathan, Tamar and Karish hit $1.46 billion in Q2, up 44% on the quarter. The Eastern Mediterranean's gas machine is now a fiscal pillar — and a diplomatic one.
NewsFifteen million barrels and counting — Magna Bureau
Treasury Secretary Bessent says Tehran's last sanctioned crude deliveries will reach China within two weeks. Operation Economic Outcast has run since July 14 — and this is what the end of an oil empir
NewsFrance's €54 billion budget walks into — Magna Bureau
Lecornu presents the 2027 budget bill this week with no majority behind it: deficit from 5.4% toward 5%, debt at 121.7% of GDP, and the OAT spread still above 100 basis points. Paris is about to find
NewsThe Fed's October decision hangs on two — Magna Bureau
Citi says Friday's jobs report and Wednesday's PCE won't decide the October 28–29 meeting; September's core CPI on Oct 14 will. Markets price a 64% chance of a second straight hike — if Washington let
NewsThe BOJ's next hike could come in… — Magna Bureau
BOJ insiders see hikes coming 'faster and more regularly.' October 29–30 has a one-in-three shot — Thursday's Tankan survey is the tripwire.
NewsTrump calls the Iran sanctions-relief story — Magna Bureau
Brent punched through $107, the 10-year Treasury hit its highest since 2007, and October Fed-hike odds jumped past 70% — while Washington and Tehran…
NewsAmerica is spending its stock market: households…
US households now fund 6.8% of all consumer spending from stock-market wealth — twice the 2019 pace — as portfolios turn into paychecks.
NewsThe 5% world: US 10-year yield hits 2007 high…
The 10-year Treasury yield hit 5.1%, its highest since 2007, on a hot September PMI; markets now price another Fed hike in October at up to 73%.
NewsThe channel is still open: mediators shuttle — Magna Bureau
Qatari mediators held separate talks with both sides on Monday; Iran's foreign minister expects Washington's answer by Tuesday night — while Middle East…
NewsThe answer was no: Trump rejects Iran's… — Magna Bureau
Brent fell roughly 2.5% to $102.59 on Tuesday as Saudi Arabia's East-West pipeline returned to half flow and Trump rejected Tehran's seven-day ceasefire proposal — while Washington moved to loan 40 million barrels from a
NewsTrump: "I offered Iran NOTHING"… — Magna Bureau
The president torpedoed an Axios report that he would trade sanctions relief for nuclear concessions. Brent is up 14% this month — and Qatar's shuttle diplomacy just got harder.
NewsLithium's comeback trade: MinRes prices… — Magna Bureau
Spodumene fetched US$2,105 a tonne — up 92% in three months. The miner raised output guidance across iron ore, lithium and mining services, and the ASX battery boom is back.
NewsInflation's second act: Germany at… — Magna Bureau
September prices hit multiyear highs across the eurozone's big economies, all of it energy. Lagarde preaches a "measured response" — but markets are pricing four more hikes.
NewsBritain Pays Its Highest Borrowing Rate of… — Magna Bureau
The Debt Management Office sold £4.25bn of ten-year gilts at an average yield of 5.383%, the highest auction rate since 1999. Demand held — but the price of the British state's debt keeps climbing.
NewsCleared by the Watchdog, Condemned by the… — Magna Bureau
The Federal Reserve's inspector general found no criminal misconduct in the $2.4 billion headquarters renovation — and Donald Trump demanded Jerome Powell's resignation anyway.
NewsOPEC+ Holds Its Breath — and Riyadh… — Magna Bureau
Producers are expected to freeze November quotas at Sunday's meeting while Saudi Arabia pumps 3.5 million barrels a day through its desert pipeline, bypassing a shuttered Strait of Hormuz.
NewsThree Carriers, 60,000 Troops, and the… — Magna Bureau
The USS Theodore Roosevelt is steaming toward the Middle East with 9,000 to 10,000 more troops, joining two carriers already in the region — as Donald Trump weighs resuming strikes on Iran after the m
NewsThe Rich World’s War, the South’s Bill — Magna Bureau
The UNDP chief warns that rising energy costs, a record El Niño and multi-decade borrowing highs are pushing developing countries toward pandemic-era distress — just as the IMF and World Bank head to
NewsThe POWs Seoul Wanted Kept Secret — Magna Bureau
South Korea's president threatened unspecified retaliation against Ukraine over its public disclosure of two transferred North Korean prisoners of war — and accused Kyiv of cheering on war on the Kore
NewsThe euro's French discount: currency of a… — Magna Bureau
At $1.1237 the euro sits at a 17-month low — and the market has named the culprit: France. As the 10-year OAT flirts with 5% and the spread over Germany hits crisis-era wides, the bond vigilantes are
NewsChina Turns Off the Fuel Taps for October — Magna Bureau
On Beijing's orders, Chinese refiners have suspended all October fuel exports beyond Hong Kong and Macau. PetroChina is canceling cargoes, Asia's diesel squeeze is deepening, and the world is learning
NewsThe Market Stopped Trusting Governments — Magna Bureau
Treasury yields hit their highest since 2002, the dollar reached a 17-month peak, and Europe’s bond markets buckled under France’s fiscal mess — all in a single day.