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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Geopolitical

Amazon Workers Reject Union Bid At Upstate New York Warehouse

October 18, 2022 Mariel Alumit

The startup union that sealed a labor victory at Amazon’s Staten Island warehouse earlier this year to unionize wasn’t successful at their second attempt at a warehouse near Albany, New York. AP News reported Albany […]

Geopolitical

Iran Sending More Missiles & Drones To Russia Despite West’s Sanctions Threat

October 18, 2022 Mariel Alumit

Allegations of increased Iranian military weaponry transferred to Moscow for use in Ukraine has brought the Islamic Republic under greater EU and US scrutiny, as both begin moving toward imposing fresh sanctions on Tehran as […]

Finance

Credit Suisse Reportedly Readying Capital Raise As Restructuring Announcement Looms

October 18, 2022 Mariel Alumit

With its formal restructuring announcement deadline less than 10 days away, Credit Suisse is reportedly working with a number of major banks on a potential capital increase.   Bloomberg reports that, according to people familiar […]

Geopolitical

US Bonds, Stocks Are Suddenly Puking Into EU Close; “Correlation=1” Days Accelerating

October 18, 2022 Mariel Alumit

With just minutes until the European close, US equity and bond markets are puking back earlier gains with Nasdaq is in the red now on the day (after being up almost 3% in the pre-open)… […]

Geopolitical

NOPEC Bill Would Mean The End Of Aramco And OPEC As We Know Them

October 18, 2022 Mariel Alumit

By Simon Watkins of OilPrice.com Saudi Arabia stopped being an ally of Washington the moment it began the 2014-2016 Oil Price War with the specific intention of destroying the then-nascent U.S. shale oil industry, as […]

Geopolitical

Disgraced Former FBI Official Declares ‘9/11 Is Nothing Compared To Jan 6th’

October 18, 2022 Mariel Alumit

Authored by Steve Watson via Summit News, In an insane segment on MSNBC Sunday, disgraced former FBI official and rabid anti-Trump lunatic Peter Strzok described the September 11 2001 terror attacks, which killed thousands of […]

Oil Prices
Commodities

Oil Prices Continue to Fall To Levels Not Seen In Weeks

October 18, 2022 Mariel Alumit

Crude oil prices continued their fall on Tuesday, with WTI now dipping to levels not seen since before the OPEC+ meeting. The November contract for WTI crude fell to $83.22 per barrel on Tuesday afternoon—sliding […]

Indian
Crude Oil News

Two Major Indian Refiners Just Stopped Buying Russian Crude

October 18, 2022 Mariel Alumit

Indian Oil Corporation and Bharat Petroleum Corporation Limited have suspended purchases of Russian crude oil. The two large refiners are awaiting more clarity on the EU sanctions regime. India, the world’s third-largest crude oil importer, […]

Finance

Biden Admin To Announce Another 15 Million Barrel SPR Release Before Midterms

October 18, 2022 Mariel Alumit

Oil markets are drifting sideways this morning after the Biden administration plans to release 10-15 million barrels of crude from the Strategic Petroleum Reserve in a bid to suppress gasoline and diesel prices at the […]

Finance

Bar For Jumbo Fed Move In December Is Higher Than Bullard Thinks

October 18, 2022 Mariel Alumit

By Ven Ram, Bloomberg markets live reporter and analyst Now that we have had yet another set of numbers that show inflation and inflationary expectations cocking a snook at policy makers, the Fed has duly […]

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