The KMEFIC FTSE Kuwait Equity UCITS ETF (LSE: KUWP) has made little progress since HANetf launched it in London earlier this year. But that could soon change. Kuwait is due to be promoted from a "frontier" market to an emerging one by index provider MSCI next June. That should entice almost $10bn of global investors' cash into the market, reckons HANetf.
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Inheritance tax investigations catch out 1200 more families in HMRC crackdownWhere there is a suspicion inheritance tax has been underpaid, HMRC has extensive powers to check the deceased individual’s financial affairs and chase what is owed. Will you pay more?
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Interest rates live: Bank of England expected to cut base rate despite sticky inflationEconomists and industry experts think that a weakening economy will force the MPC to stick to its cutting schedule in spite of inflation running above its target.
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Chart of the week: a step-change in Indian oil demand growthCharts Rising demand is underpinning the rebound in oil prices. The most eye-catching rise has been in India, which according to the International Energy Agency has eclipsed China as the main growth market for oil.
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Chart of the week: Iran’s 'sanctions-subsidised' bubbleCharts Despite GDP shrinking by 5.4% in the last year, Iran's stockmarket is soaring as international sanctions and high inflation boost the nominal price of stocks.
