Risk
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Satellite Data Reveals Sinking Risk for China’s Cities
Development and groundwater pumping are causing land subsidence and heightening the risks of sea level rise.The New York Times - World - China -
Yen Likely to Remain Weak Despite Risk Aversion
The yen, which is traditionally seen as a safe-haven currency, briefly strengthened to around 153.55 against the dollar after reports of Israeli strikes against Iran but weakened back to around 154.30.The Wall Street Journal - World -
Gold Steady as Risk-Off Sentiment Offsets Reduced Hopes for Fed Cuts
Gold was steady in early Asian trade, as risk-off sentiment offsets concerns over hawkish Fed comments earlier this week which dampened hopes for interest-rate cuts.The Wall Street Journal - World - Federal Reserve -
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Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
Humanitarian situation in Palestinian enclave remains dire, says EU’s top diplomatFinancial Times - World - Iran