Not so long ago, when oil prices rose, Saudi Arabia could be counted on to provide a decisive response. As Ibrahim AlMuhanna explains in Oil Leaders, “They accepted their mission because they believed that high and uncontrolled oil prices were not good for Saudi Arabia, especially in the long term.” As oil prices touched $120 per barrel this summer, Saudi Arabia and its fellow members of the Opec cartel were acting as if “tough love”, rather than more oil, was the proper response.
As Afghanistan battles economic crisis Islamists increase exports to generate revenue with the help of child labour
ClearBridge Investments, an investment management company, published its “ClearBridge International Growth ADR Strategy” second quarter 2022 investor letter. A copy of the same can be downloaded here. The fund invests in structural growth companies and in the second quarter it outperformed the MSCI EAFE Index benchmark. You can check the top 5 holdings of the […]