• Jan 08, 2025

Plunging UK Markets Offer Fresh Warning Over Economy and Pile Pressure on Starmer

(Bloomberg) -- Plunging UK markets are serving a fresh warning about the British economy and heaping pressure on Keir Starmer’s embattled Labour government.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?While UK bond yields have been creepi

  • Jan 08, 2025

Brazil Potash Stock Could Double: Analyst Bets On Autazes' Strategic Role In Potash Rebound

Roth MKM analyst Joe Reagor initiated coverage on Brazil Potash Corp. (AMEX:GRO) with a Buy rating and a price target of $17, citing the company’s undervalued Autazes potash project. According to Reagor, Brazil’s heavy reliance on potash imports underscores the project’s importance, and favorable financing terms could unlock additional valuation upside. The Autazes project could supply 18% of Brazil’s potash demand, producing 2.4 million tons annually. As a major agricultural exporter and potash

  • Jan 08, 2025

Trump mulls economic emergency declaration to back universal tariff plans, CNN reports

(Reuters) -U.S. President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for a series of universal tariffs on allies and adversaries, CNN reported on Wednesday, citing unnamed sources familiar with the matter. The move will allow Trump to build a new tariff program by using the International Economic Emergency Powers Act (IEEPA), which authorizes a president to manage imports during a national emergency, the report said. "Nothing is off the table," a source familiar with the matter told CNN, acknowledging that a discussion had taken place over declaring a national emergency.