OPEC Sticks With Plan to Keep Oil Output Quotas Unchanged

​Central government pensioners can commute up to 40% of basic pension as a lump sum at retirement. The commuted portion is then deducted from monthly pension and restored after 15 years. Several employee and pensioner organisations want this period reduced to 10–12 years.​

Global bond markets are experiencing a selloff, though less severe than four years ago. Current yield increases are smaller, providing some market reassurance and new opportunities. Heavy government spending and AI financing are adding pressure to bond markets. Higher yields offer investors a better income cushion against falling prices. Bond yields may still rise due…

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