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23.03.2026 10:00
Trump’s 48-Hour Iran Ultimatum Invites Reckless Escalation In the space of a weekend, Donald Trump went from saying his war goals in Iran had been achieved and he’d soon be “winding down,” to issuing a 48-hour ultimatum for Tehran to either open the Strait of Hormuz or see the US bomb its power plants, starting with “the biggest.”

23.03.2026 9:57
23.03.2026 9:00
Private Credit Is Making Bank Investors Antsy, Too Banks making loans to specialist fund managers instead of directly to companies is meant to act like a firebreak protecting traditional lenders against the risks of businesses going bust. But losses from financing private credit firms and other nonbank lenders are coming back to bite them — and it’s making their investors antsy.

23.03.2026 8:43
Credit Suisse’s AT1 Bond Crash Fueled Leadership Crisis at HDFC Shortly before midnight on the eve of a bank holiday in India, HDFC Bank Ltd., a favorite among global investors, stunned the market by announcing the abrupt exit of its chairman. One line in the statement jumped out: Atanu Chakraborty resigned over “ethical” differences with the bank going back two years.

23.03.2026 8:39
Fortescue CEO on Iran War, Energy Diversification Dino Otranto, CEO at Fortescue Metals, discusses the impact of the Iran war on the business and energy markets. He speaks with Stephen Engle at the China Development Forum in Beijing. (Source: Bloomberg)