ABE NEWS | THURSDAY, AUGUST 20, 2026 Africa’s biggest oil refinery is preparing for another enormous milestone. Nigeria’s Dangote Refinery has secured a $1 billion underwriting program ahead of a planned stock-market listing that could become the largest initial public offering in African history. The refinery, majority-owned by Nigerian billionaire Aliko Dangote, has already…
ABE NEWS | THURSDAY, AUGUST 20, 2026 America just crossed a number that is difficult to even imagine: $40 TRILLION. The U.S. national debt officially reached $40.047 trillion, according to the Treasury Department. Of that, about $32.3 trillion is debt held by the public, while another $7.8 trillion is held within government accounts. Forty…
ABE NEWS | WEDNESDAY, AUGUST 19, 2026 A robot can run, dance, box and perform martial arts. That’s impressive. But on Wednesday, China’s best-known humanoid robot maker did something completely different: It sent investors into a frenzy. Unitree Robotics made its stock-market debut on Shanghai’s STAR Market, with shares priced at 150.80 yuan. They…
ABE NEWS | WEDNESDAY, AUGUST 19, 2026 Canada went to bed Tuesday night facing a 50% tariff. It woke up Wednesday without one. Less than two hours before nearly $20 billion worth of Canadian imports were supposed to face new U.S. tariffs, President Donald Trump stopped the clock. But only for: THREE DAYS. Trump…
ABE NEWS | TUESDAY, AUGUST 18, 2026 Two days ago, the question was: What happens if the Strait of Hormuz stays disrupted? Tuesday morning gave us another part of the answer. A ship has been hit. A crew casualty has been reported. Oil has climbed above $90. Iran says the strait will remain closed…
ABE NEWS | MONDAY, AUGUST 17, 2026 The weekend was supposed to help. Canadian negotiators stayed in Washington. Meetings continued. Officials kept talking. Sunday came. Another meeting happened. And now it’s Monday morning. There is still no deal. That matters because Canada and the United States are no longer negotiating against some distant deadline….
ABE NEWS ORIGINAL | SUNDAY, AUGUST 16, 2026 The stock market is breaking records. Corporate profits are strong. Inflation is cooling. And economists can point to plenty of numbers suggesting the American economy is still standing. There is just one problem. A lot of ordinary people don’t feel it. Ask someone whether the S&P…
Oil is climbing again. But this story is no longer just about the price of a barrel. It’s about a narrow stretch of water connecting the Persian Gulf to the rest of the world. The Strait of Hormuz. Before the current war, roughly one-fifth of the world’s oil and liquefied natural gas flows passed…
Canada and the United States have been talking almost every day. Ministers are meeting. Negotiators are working behind the scenes. Both governments say they want an agreement. But with only days remaining before a major tariff deadline, there is one uncomfortable problem: They still don’t have a deal. Canadian Trade Minister Dominic LeBlanc told…
The world gave investors plenty of reasons to worry this week. Oil remained expensive. The Strait of Hormuz remained severely disrupted. Washington and Tehran remained far apart. Long-term U.S. borrowing costs flashed warning signs. Consumers showed signs of becoming more cautious. And businesses continued trying to figure out what an increasingly unpredictable global economy…
