Global Market: ECB monitoring Middle East conflict for inflation risks

The European Central Bank sees no immediate inflation fallout from the Iran conflict. Policymakers are closely watching for indirect price pressures and their potential impact. The eurozone economy has shown resilience despite ongoing geopolitical tensions and uncertainty. Medium and long-term inflation expectations remain well anchored, reflecting confidence. The bank stands ready to adjust policy if…

Warren Buffett and Bill Gates no longer friends? Why legendary investor skipped donations to Gates foundation

Warren Buffett is donating nearly six billion dollars of Berkshire Hathaway stock this year. His annual mid-year donation went to four family foundations, not Gates Foundation. Speculation arose after revelations about Bill Gates’ interactions with Jeffrey Epstein. Buffett previously committed to donating shares throughout his life by 2034. He stepped down as a Gates Foundation…