PRO SERVICES

Trump to Meet Argentina’s Milei for Finance Discussions Trump and Milei to Hold Urgent Talks Amid Argentina’s Financial Turmoil U.S. President Donald Trump and Argentina’s President Javier Milei are expected to meet in New York today on the sidelines of the UN General Assembly. The talks carry significant weight as Washington signals readiness to extend financial support to Milei, one of Trump’s closest ideological allies, after a week of intense market instability in Argentina. Why Washington is Offering Support Argentina is grappling with one of its most severe economic crises in years. The peso has been under sustained pressure, sovereign bond yields have spiked, and the economy teeters on the edge of hyperinflation . Since taking office in December 2023, Milei—a libertarian economist known for his radical reform agenda—has been battling to stabilize the economy while pushing sweeping fiscal cuts and deregulation measures. Earlier this week, U.S. Treasury Secretary Scott Bessent ...

Russia-Estonia Airspace Incursion Russian Jets Violate Estonian Airspace, NATO on Alert Vilnius/Washington – Sept 20 Estonia has accused Russia of carrying out an “unprecedentedly brazen” airspace violation after three Russian MiG-31 fighter jets entered its territory on Friday, staying for about 12 minutes before withdrawing. Rising Tensions in the Baltics The incident comes amid already heightened tensions due to the ongoing war in Ukraine. Just a week earlier, more than 20 Russian drones breached Polish airspace , prompting NATO jets to intercept and destroy several of them. The incursion also follows the conclusion of Zapad-2025 , joint Russia-Belarus military drills that included rehearsals for nuclear weapons launches. Estonia’s Response Estonian Foreign Minister Margus Tsahkna condemned the violation, saying: “Russia has violated Estonian airspace four times already this year, but today’s violation with three fighter jets was unprecedentedly brazen.” Offic...

  🌍 World Ozone Day 2025 Ozone Layer on Track to Recover by Mid-Century 🔑 Key Highlights from the WMO Ozone Bulletin 2024 The ozone layer is expected to return to 1980s levels by the middle of this century . The 2024 Antarctic ozone hole was smaller compared to recent years, peaking at 46.1 million tonnes on September 29. Lower depletion this year was partly due to natural atmospheric conditions , but long-term recovery reflects the success of global action .  📜 40 Years of Global Cooperation This year’s bulletin was released on World Ozone Day , which also marks the 40th anniversary of the Vienna Convention , the first global treaty dedicated to protecting the ozone layer. Antonio Guterres, UN Secretary-General : “Forty years ago, nations came together, guided by science and united in action. Today, the ozone layer is healing. This reminds us that when nations heed scientific warnings, progress is possible.” The Montreal Protocol , born from the ...

  Oil Prices Extend Losses Amid Oversupply and Weak U.S. Demand Crude benchmarks continued their downward trend on Friday, extending the sharp losses recorded in the previous session. The market remains under pressure from oversupply concerns and muted demand in the United States, even as geopolitical risks persist in the Middle East and Ukraine. As of 07:03 GMT, Brent crude was trading at $65.82 per barrel , down 55 cents (0.83%), while West Texas Intermediate (WTI) slipped 57 cents (0.91%) to $61.80 per barrel . Commenting on the market outlook, Priyanka Sachdeva, Senior Market Analyst at Phillip Nova, noted: “The U.S. inflation battle does not appear to be over, which weakens the demand outlook for oil. Even with geopolitical unrest, the underlying fundamentals of oversupply and subdued demand continue to dominate.” Latest government data added to the cautious sentiment. U.S. consumer prices in August recorded their sharpest rise in seven months, while jobless claims increa...

  Rothschild Strengthens Wealth Management Presence in Dubai Rothschild & Co has strengthened its footprint in the Middle East with the acquisition of Liechtensteinische Landesbank’s (LLB) UAE subsidiary , a strategic move designed to expand its wealth management presence in Dubai. The deal brings in approximately 20 employees and their associated clients, potentially adding close to CHF 1 billion (around US$ 1.2 billion) in assets under management to Rothschild’s operations in the region. According to reports in Financial News London and the Financial Times , the acquisition highlights Rothschild’s commitment to tapping into Dubai’s growing role as a global financial hub. With favorable tax policies, a robust regulatory framework, and a reputation for stability, the UAE has become a preferred destination for high-net-worth individuals and global wealth managers alike. Following the acquisition, Rothschild’s Dubai-based team has expanded to 25 professionals , enabling the...