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GBP/USD climbs as upcoming Pakistan talks boost risk mood

GBP/USD climbs on Friday as risk appetite improves ahead of the start of US-Iran talks in Pakistan. Meanwhile, US inflation rose as expected in March, but traders seem confident it’s a one-time jump as they remain optimistic about Middle East peace negotiations. At the time of writing, the pair trades…

Russia’s air force is much more dangerous now than it was before it invaded Ukraine, airpower experts warn

Russian airpower has become far more dangerous and poses a greater threat to the NATO alliance than it did before the invasion of Ukraine in February 2022, air combat experts warn. Loading audio narration… Russia’s war in Ukraine has provided its pilots with combat experience and lessons in modern warfare. Russia has also upgraded systems and weaponry and has been producing more aircraft than it has lost, boosting its overall end strength.Justin Bronk, an airpower…

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LARRY KUDLOW: Low taxes are making the American middle class richer

Let’s take a break from the war and follow up on an important economic story, and that is the continued mobility of the great American middle class. There’s a lot more prosperity here than left-wing populist tax-and-spend Democrats would have anyone believe. Scott Winship of the American Enterprise Institute has…

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