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Zero Edge

France To Join US, UK In Training Ukrainian Fighter Pilots

May 17, 2023 Mariel Alumit

The Zelensky government’s longtime lobbying of Western capitals to supply advanced fighter jets just got a big boost, after on Monday French President Emmanuel Macron confirmed his country has “opened the door” to training Ukrainian […]

ONEOK
Exploration and Production

US pipeline operator ONEOK moves into oil, products with $18.8 billion Magellan deal

May 15, 2023 Mariel Alumit

May 14 (Reuters) – ONEOK Inc (OKE.N) agreed on Sunday to buy U.S. pipeline operator Magellan Midstream Partners (MMP.N) in a cash-and-stock deal valued at about $18.8 billion including debt, bringing natural gas-focused ONEOK into transporting refined products and […]

Exploration and Production

US NatGas Drilling Collapses At Fastest Rate Since 2016

May 15, 2023 Mariel Alumit

According to a new report from Baker Hughes Co., the US natural gas sector is rapidly pulling drilling rigs from the field due to oversupply conditions that have led to a collapse in NatGas prices […]

Real Estate

US Rents On Verge Of First Annual Drop Since Covid Crash Amid Supply Glut

May 13, 2023 Mariel Alumit

While we already know that according to much-delayed CPI data, annual shelter inflation has just peaked at just under 9% annual growth, and will now be trending lower for the next 18-24 months.   But […]

Aljazeera International

‘What now?’: Scenes from the US-Mexico border

May 13, 2023 Mariel Alumit

Attention once again turned to the US-Mexico border this week as a pandemic-era policy in the United States that allowed authorities to rapidly expel most asylum seekers under the pretext of public health expired. Large […]

Zero Edge

US Import & Export Prices Signal Massive Deflationary Impulse

May 12, 2023 Mariel Alumit

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 […]

Zero Edge

Feds Probe Bank ‘Short-Sellers’ As UAE Sovereign Fund Builds Massive US Stock Short Position

May 10, 2023 Mariel Alumit

Update (0950ET): In an amazingly ironic piece of timing, minutes after the report of federal prosecutors probing short-sellers, Bloomberg reports that an investment firm controlled by a top Abu Dhabi royal has built a short […]

Aljazeera International

US unveils rule that rights groups say stifles access to asylum

May 10, 2023 Mariel Alumit

Washington, DC – US President Joe Biden’s administration has finalised a new rule that will make most migrants and refugees arriving at the country’s southern border with Mexico in search of protection ineligible to seek […]

Zero Edge

Peter Schiff: The US Is In A Financial Crisis Worse Than ’08

May 10, 2023 Mariel Alumit

Via SchiffGold.com, During his post-FOMC meeting press conference, Federal Reserve Chairman Jerome Powell insisted that the US banking system is resilient and sound. He said this despite the failure of First Republic Bank just days […]

Aljazeera International

US families struggle following end of pandemic-era food benefits

May 9, 2023 Mariel Alumit

Los Angeles, California, US – About a year ago, a woman named Ana, who asked that her last name be withheld, gave birth to a baby boy named Israel. Ana was, as she put it […]

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