A Bit Of A Yawn.
This was the week that Microsoft edged past Apple to reclaim the title of the world’s most valuable company. The software giant now has a valuation of $2.89 trillion, slightly ahead of Apple at $2.87 trillion.
The week also saw the US and UK launch joint airstrikes against rebel targets in Yemen after a spate of attacks on merchant vessels in the Red Sea. The rebels responded by vowing to continue their attacks. An absolutely vital commercial shipping artery becoming a war zone is pushing both oil and shipping costs higher, raising fears of a widespread knock-on effect on global inflation…
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