German Chancellor Merz says that they want to implement the reform package by the end of this year

Newsquawk Staff · 2 Jul 2026, 07:26 UTC

Timeframe for the implementation of electricity grid projects is to be halved.
Tax reform relieve lower and middle income families, up to an average of EUR 600/yr.
Will present simplified tax law suggestions this Autumn.

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US Market Open, 21 Oct, 10:29 UTC · what it led with

Pakistan Army Chief Munir brought the "final warning" from the United States to Iranian officials, which called on Iran to submit to the US demands for concessions on the nuclear issue before taking any other steps.
The UK government has approved the Jackdaw North Sea gas field.

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Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%
Mediation efforts said that "Qatar and Pakistan presented a 'compromise proposal' that meets the demands of both the American and Iranian sides", Al Araby Al Jadeed reports citing sources.
WTI crude−4.6%
"A breakthrough is expected to be announced this week to halt the escalation between Washington and Tehran", Al Araby Al Jadeed reports citing a source.
WTI crude−1.1%

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