- FT: IMF drops opposition to capital controls
Measures should be transparent, targeted and temporary, the Fund says.
Measures should be transparent, targeted and temporary, the Fund says.
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AAAU beats GLD with lower fees & better 5-yr returns. Both track gold, but AAAU's 0.18% expense ratio wins long-term.
US CENTCOM says over 10,000 strikes have destroyed two-thirds of Iran’s arms production and 92% of key naval vessels. Missile attacks have dropped ~90%, though operations continue as the US targets Iran’s rebuild capacity.
USPS proposes 8% fuel surcharge amid 30%+ transport cost surge. Rivals charge 21-34%.
VSEC bounces 1.8% after 11-day slump, trading 21.7% below its 52-week high.
PAYO jumps 3.4% on BofA's Buy, $6 target. 27% upside potential, but watch its 5% volatility.
LMB jumps 5.6% on margin goals, but trades 44% below its 52-week high. High volatility noted.
Venezuela oil output rose to ~1.1 mln bpd in March from ~942k in January, signalling recovery as exports resume. Gains offer modest supply relief but remain far below historical levels and unlikely to shift global balances materially.
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