Market Movers: Geopolitics, Earnings and Debates

By Kathleen Brooks, research director at XTB Geopolitics continues to dominate the market this morning, and oil is higher by a further 1.6% as retaliation risks grow, after Iranian missiles struck the interior of Israel. Iran has extended a flight suspension until tomorrow morning, which suggests that it expects Israel to strike at some point today. US and UK forces helped Israel to deter the latest missile attack, however, this is still a very fluid situation. While this situation remains ongoing, we expect it to have the most impact on commodities, especially oil. Right…

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Invest Saint Lucia Hosts Sod Turning Ceremony At Mt Pimard

A sod turning ceremony held on Thursday May 16th, 2024 signalled the commencement of a multi-million-dollar project set to transform Rodney Bay and add significant value to Saint Lucia’s tourism product. A’ila Resorts and the TheLifeCo Holistic Wellness Hotel will be situated on the picturesque Mount Pimard, introducing a groundbreaking approach to Saint Lucia resort development.

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Mitigating Risk in Times of Trouble

By Jon Felce, Partner at Cooke, Young & Keidan LLP, a specialist commercial disputes firm based in the City of London The last few years has witnessed the pandemic, the conflicts in Ukraine and Israel (and many other less publicised areas), and increasing political, economic and social uncertainty. Against that background, conducting business is perhaps fraught with more risk than has been the case in recent times. In these circumstances, parties legitimately have concerns about how they might protect themselves if things go wrong.

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