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Hedge fund expects Opec+’s control will allow cartel to define where prices go in the next 12 months

Ghost platform was used to distribute drugs and order hits by gangs in many countries

UN report shows earlier — and lower — peak for number of people in the world to reach its maximum level

Drought in Panama and shipping attacks near Suez threaten supply chains at festive season

Non-proliferation regime under greatest pressure since end of cold war, says Rafael Grossi

Also in this newsletter: international tax treaty, IMF warns on deficits, ExxonMobil strikes a mega-deal

Antitrust action is hampering M&A in sector while groups also face more fines and higher compliance costs

Russian sanctions-busting since start of Ukraine war has boosted value of ageing tankers

Japan suffers worst day since 1987 while US and Europe also down

Equities hit by concerns over impact on exports, while gold reaches fresh high