Independent thinking for complex markets and current events
The closure of the Strait of Hormuz has triggered a systemic fertilizer supply shock detailed by the FAO and energy reporting, as well as Oilprice. Roughly 30 to 34 percent of global fertilizer exports and 50 percent of global sulfur trade were dependent on this maritime chokepoint before the blockade began in February 2026. Global …
Pickleball paddle producer Devi Wei has a message for U.S. shoppers. “Americans will have to pay more,” the Chinese businessman told CNBC at a Beijing trade show last week at the China International Exhibition Center. Because of the recent swings in oil prices resulting from the Iran war and closure of the Strait of Hormuz, …
by Michael If commercial traffic through the Strait of Hormuz remains paralyzed for months, we will witness a global food crisis on a scale that many experts would have once considered to be unthinkable. Over the past couple of weeks, there has been much written about how the closure of the Strait of Hormuz has …
JUST IN: Closure of the Strait of Hormuz has triggered the worst global energy crisis since the 1970s, WSJ reports. — BRICS News (@BRICSinfo) March 9, 2026 Factcheck: Yes, per WSJ and shipping trackers like MarineTraffic/Reuters: tanker traffic in the Strait of Hormuz has virtually halted amid the Iran conflict (down ~90% since early March), …
An iconic American outdoors brand is being forced to rethink its business route, with a major operator filing for bankruptcy amid plummeting sales. The operator of roughly 180 Eddie Bauer stores across the US and Canada has filed for Chapter 11 bankruptcy protection, citing declining sales and a host of other industry challenges. This marks …
Kansas City is staring down a failed experiment. Nearly a decade ago, the city spent $17 million to buy and renovate the Linwood Shopping Center on Prospect Avenue. The anchor tenant, Sun Fresh Market, opened in 2018 with fresh produce, seafood, and a full-service deli. It was supposed to end the food desert. It’s now …
The Tel Aviv Stock Exchange ended at its highs of the day pic.twitter.com/D7PP5x4qJQ — Joe Weisenthal (@TheStalwart) June 19, 2025 Despite reports of Iranian missile strikes, including damage to the Tel Aviv Stock Exchange, Israel’s stock market hit a 52-week high on June 19. Key indices TA-35 and TA-125 remain in green as conflict with …
TL;DR: Phillips 66 announced it will close its Los Angeles-area refinery by 2025. The closure follows new California regulations aimed at preventing gas price spikes. The refinery accounts for 8% of California’s refining capacity. Phillips 66 plans to repurpose the 650-acre site with real estate development firms. Around 600 employees and 300 contractors will be …
BREAKING: Massive fire at facility of Alpitronic, a fast-charging station manufacturer, in Bolzano. Italy forces airspace closure pic.twitter.com/pPQahPvfIe — Insider Paper (@TheInsiderPaper) May 8, 2024 According to local media reports, the fire started at around 9:20 a.m. on Wednesday inside Alpitronics’s warehouse. By midday, the fire brigade announced it “largely controlled the fire” and prevented …
BREAKING: Bangladesh court orders national school closure due to heatwave https://t.co/hyp0lOTgHf pic.twitter.com/nJj5gdqzOS — Insider Paper (@TheInsiderPaper) April 29, 2024 A Bangladeshi court ordered a nationwide shutdown of schools on Monday due to an ongoing heatwave, the day after the government sent millions of children back to class despite searing temperatures. Extensive scientific research has found …
The potential closure of Superior Farms, a longstanding processing plant in Denver, spells trouble for both its 170 employees and the local ranchers who rely on its services. American Cattle Rancher: The Attack On American Raised Meat Continues 70 year Processing Plant in Denver with 170 good jobs with benefits could be permanently closed Says …
A San Francisco lawmaker introduced a proposal that would require grocery stores in the city to provide six months of notice before closing a store and to explore a replacement supermarket at the vacated location. Dean Preston, a member of the San Francisco Board of Supervisors, introduced what he calls the Grocery Protection Act – …
🍿POPCORN ALERT 🍿#JustDarioDaily ⚠️IS IT FINALLY $VIX SHOWTIME?👀 TL;DR: we discussed a lot about the risks of a “Volmageddon” to strike again, potentially much harder than in 2018. Is this about to happen? Full article in link👇🏻https://t.co/GeO8sjKbFa — JustDario 🏊♂️ (@DarioCpx) April 5, 2024 Banks don't keep all their cash in a vault – they …
via kmph: Employees at Fosters Freeze in Lemoore are out of a job. Assistant General Manager Monica Navarro says she was called Monday morning by her boss who was at the restaurant to open, only to find the locks were being changed. Navarro said she thought it was an April Fools joke. “I was so …
Not just sell it, they then have to close the entire reserve infrastructure it looks like. pic.twitter.com/Rw7txW07rS — Tom Fisher (@TomFisher37) March 3, 2024 https://docs.house.gov/billsthisweek/20240304/HMS31169.PDF
In Eagle Pass, Texas, a ground-level video reveals an unprecedented influx of thousands of migrants awaiting Border Patrol processing after illegal crossings. The situation, described as unparalleled by an individual with extensive experience in the region, underscores the magnitude of the current migration challenges. Adding to the complexity, the Biden administration’s decision to shut down …
Corporate bankruptcies in 2023 are now at the same levels seen during the 2020 pandemic. We are also seeing the highest number of bankruptcies since 2010. Needless to say, many companies are feeling the pain. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) October 16, 2023 via dailymail: …
The state’s Department of Labor fined the company $2.6 million in unpaid wages, liquidated damages and administrative penalties. It is the latest in a series of setbacks for the collapsing chain. The New Jersey Department of Labor on Tuesday ordered 27 Boston Market locations in the state to close and fined the company nearly $2.6 …
(Breitbart) In an apparent attempt to quell the political firestorm sweeping through the banking sector over its politically-inspired decision to debank Nigel Farage, Coutts Bank now says it will cancel its closure of the Brexit leader’s accounts. On Monday evening, Mr Farage revealed that has received a letter from Interim CEO of Coutts, Mohammad Kamal …
https://twitter.com/BernieSpofforth/status/1679877274252853248
🔴A large sandstorm blew over the #SuezCanal!nn No disruption to the waterway was reported. nn01.06 2023 📽Via World Sailor pic.twitter.com/MWOWbm6tP9 — ⚓️MaRiO⚓️ (@1SafetyLast) June 3, 2023 Due to a raging sand storm, two ports on the Suez Canal were forced to close. More confirmation of Hanke’s School Boys Theory of History: It’s just one damn …
