HeyJaredDaniel Mercer
- Indexed articles, last 90 days
- 22
- Latest publication
- Sep 27, 2026
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- Aug 22, 2026
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Select Water agrees $700 million deal for Pilot Water's oilfield network (opens the original)
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Select Water Solutions has agreed to acquire Pilot Water Solutions for $700 million in cash and shares, plus a possible $15 million contingent payment. The proposed deal would add pipelines, storage, recycling and disposal capacity for the water that comes up alongside oil and gas in the Delaware Basin. The announcement on September 24 concerns a part of oil production that is easy to overlook. A producing well can bring large volumes of water to the surface along with hydrocarbons. That water h
IMF says Sri Lanka's recovery is holding, but the next review is still unresolved (opens the original)
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Sri Lanka’s economy grew 4.2% in the second quarter and official reserves reached US$6.9 billion at the end of August, according to IMF staff. The Fund said talks on the seventh review of the country’s programme will continue, meaning no agreement or Board decision has yet been announced. The International Monetary Fund staff statement, released on 23 September after a mission to Sri Lanka, described progress under the Extended Fund Facility, or EFF. An EFF is a multi-year IMF lending arrangemen
Bank of Japan raises policy rates to 1.25%. What higher borrowing costs mean (opens the original)
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The Bank of Japan raised its policy rate by 0.25 percentage point to around 1.25%, taking its main short-term rate to its highest level in about 31 years. The decision moves Japan further away from the exceptionally low rates used for decades to counter deflation. The Bank’s guideline now calls for the uncollateralized overnight call rate, the rate banks charge one another for overnight lending, to remain around 1.25%. Higher policy rates can feed through to mortgage rates, business loans and sa
Japan’s household financial assets hit a record ¥2,519 trillion. What that measures (opens the original)
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Japanese households held a record ¥2,519 trillion in financial assets at the end of June, up 11.0% from a year earlier, according to preliminary Bank of Japan flow-of-funds figures released on 17 September. The total is a stock measure: it shows the value of financial assets held at a point in time. It does not show how much households earned or spent during the quarter. Changes can come from new saving, withdrawals, purchases of securities and movements in market prices. The Bank of Japan’s flo
Canada says its investment summit mobilised nearly C$500bn. What does that actually mean? (opens the original)
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Canada says its first Investment Summit has mobilised nearly C$500 billion of new investment, bringing together investors from almost 30 countries and companies with plans spanning energy, critical minerals, artificial intelligence and transport. The headline is a measure of announced commitments and planned mobilisation, not C$500 billion that has already been paid into Canadian projects. That distinction is central to understanding the announcement. Investment summits are designed to match com
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