Authored by Charles Kennedy via OilPrice.com, The European Union is considering formally banning Russian crude flows via the Druzhba pipeline to Germany and Poland, which have already stopped importing Russia’s crude, Bloomberg reported on Friday, […]
A court in the Philippines has dismissed one of two remaining drug charges against Leila de Lima, a former senator and outspoken critic of ex-president Rodrigo Duterte. Leila de Lima was arrested in 2017 and […]
Russia has denied that Ukrainian forces have made a breakthrough in the bloody battle for the city of Bakhmut while the United Kingdom has become the first country to supply Ukraine with long-range cruise missiles. […]
For the first time, US Attorney General Merrick Garland has transferred seized assets from a sanctions-hit Russian oligarch to Ukraine for future rebuilding efforts in the war-torn country. Financial Times reports the transfer occurred earlier […]
The stock market rally diverged in the latest week. The Nasdaq hit a 2023 high, fueled by Google stock and other tech megacaps. But the S&P 500 and Dow Jones fell for a second straight […]
Authored by Ryan Morgan via The Epoch Times (emphasis ours), Senator Joe Manchin (D-W.Va.) said his fellow Democrat, President Joe Biden, has staked out a “hypocritical” position in recent debates over how to raise the […]
This will not go down well with the climate alarmists and ESG grifters… No lesser mortal than Fed Governor Christopher Waller has dared to proclaim that climate change does not pose such “significantly unique or […]
US equity futures advanced to end the week as traders remained fixated on the path of monetary policy while assessing stronger than expected corporate earnings as the season nears its end. Contracts on the S&P […]
Authored by Simon White, Bloomberg macro strategist, Real rates in Europe and the UK will be positive by the summer, giving the ECB and the BOE cover to cease their hiking cycles, with each bank […]
US Import and Export price inflation utterly collapsed in April down 4.8% YoY and 5.9% YoY respectively… Source: Bloomberg A massive deflationary impulse is evidently heading into US inflation data. Under the hood it […]
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