Independent thinking for complex markets and current events
US shale drillers cannot increase production quickly enough to solve an oil supply crisis caused by Donald Trump’s war in Iran, industry bosses have warned, saying a big rise in output would take months to materialise. Scott Sheffield, a veteran shale boss, said producers would resist costly new drilling programmes until they were certain oil …
Washington Post editorial says Mamdani ‘drops the mask’ after election win, offers ‘seething’ victory speech. The Washington Post editorial board asserted that a “new era of class warfare has begun” in New York City after Mayor-elect Zohran Mamdani won last week’s election — criticizing what it described as his “change in character” since the campaign. In a Saturday editorial titled …
This is news in Mexico, but not finding any mention in English publications. On Monday, Mexico extradited 29 cartel bosses to the US, including Rafael Caro Quintero, involved in the killing of DEA agent Enrique Camareno in 1985 and top Zeta bosses Oscar Omar Treviño Morales, and Miguel Angel Treviño Morales. All those extradited were …
Yep. pic.twitter.com/i23TJGU2lZ — Western Lensman (@WesternLensman) September 11, 2024
Stop & Shop is planning to shutter ‘underperforming’ stores over the next few years. The Massachusetts-based company has almost 400 stores in five states: with New York, New Jersey, Connecticut, and Rhode Island as well. The store closures were announced during its parent company Ahold Delhaize’s ‘Strategy Day’ last week, where a four-year plan for …