Newswire: Feb 13, 2026 4:29 AM EST

Highlights:

• BofA strategist says US trade policies are creating a "new world order" as investors shift from dollar and American equities to international assets. Source

• Reliance Industries receives US general license allowing direct purchases of Venezuelan crude oil. Source

• Peterson Institute President Adam Posen predicts inflation will surge back to 4% by year-end, contradicting consensus expectations of continued decline toward Fed's 2% target. Source

• Chinese AI developer Zhipu plans Shanghai listing after 320% surge following $558M Hong Kong IPO, signaling confidence in China's generative AI rally. Source

• India's opposition Congress party calls for oil minister's resignation over alleged links to Jeffrey Epstein. Source