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NEW: The International Energy Agency chief is sounding the alarm that Europe is running out of fuel due to the Strait of Hormuz blockade: "We have maybe 6 weeks or so of jet fuel left… I can tell you soon …
JP Morgan analysts mapped out how the Hormuz closure may unfold over the world. The red lines are oil from the Persian Gulf. Asia: April 1. Europe: April 10. North America: April 15. Australia: April 20. This is a game …
Did you know there is a second critical strait besides the Strait of Hormuz? The Bab el-Mandeb is another major economic chokepoint. If it were closed, it could significantly worsen the current Iran war crisis. Although Yemen is a strong …
🇮🇷 The Strait of Hormuz closure is forcing cargo ships to reroute around Africa. Journeys are now 3x longer (up to 60 days) and 4x costlier. Nearly 2,000 vessels were trapped. Only a trickle is getting through now, and Iran …
Delta suspends its special desk service for members of Congress until the Democrat shutdown of DHS is over: “Due to the impact on resources from the longstanding government shutdown, Delta will temporarily suspend specialty services to members of Congress flying …
The egg on your plate this morning was made from corn. Not literally. But the hen that laid it ate roughly two pounds of feed for every dozen eggs she produced. That feed was primarily corn and soybean meal. The …
Mid-30s Unemployment?! “I think it’s very natural to be concerned about jobs. “I think young people coming out of university today, it’s like 9% unemployment. “I think it could easily go into the mid-30s in the next couple of years.” …
by Michael What a wild week it has been already. On Sunday night, I watched as the price of oil hit $116 a barrel. It was insane. Financial markets started to panic all over the world because investors know that …
WASHINGTON, March 3 (Reuters) – The U.S. financial services industry is on heightened alert for potential cyberattacks amid the unfolding U.S. war in Iran, with firms stepping up monitoring for threats that often rise during periods of geopolitical conflict, said …
“Private credit exposure to AI disruption high, not priced in – UBS” No kidding. “…We estimate that 25–35% of private credit portfolios face elevated AI disruption risk. Using BDC portfolios as a proxy (AUM of ~$450 billion, $350 billion of …
BABY BEDS LINKED TO BRAIN DAMAGE FROM TOXIC CHEMICALS University of Toronto scientists just blew the lid off kids’ mattresses—literally. Two new studies found dangerous levels of phthalates, flame retardants, and hormone-disrupting plasticizers in the air around baby beds. Some …
Israel is reportedly preparing to launch an attack on Iran, which will result in the sudden closure of the Strait of Hormuz. This strategic waterway, crucial for global oil shipments, will be blocked, sending oil prices skyrocketing and causing widespread …
Venezuela experienced a significant power outage early this morning, affecting all 24 states with either total or partial power failures. Communications Minister Freddy Nanez attributed the blackout to “sabotage” of the national electrical system. BREAKING – Venezuela reports ‘total or …
via Simon Watkins The ability of either the U.S. or China – or even both working together – to contain Iran’s response to the attacks on its military proxies may have disappeared with the latest U.S. attacks on them. The …
Super advanced fuckery market might come soon.. lower bond yields amid mild economic slowdown and china trying to stimulate the economy. Macro furus in McDonaldzuela — Alessio (@AlessioTMAD) November 1, 2023 https://twitter.com/RJRCapital/status/1719812124522828021 https://twitter.com/texasrunnerDFW/status/1719801829775585724 Blackstone Shareholders Get Mini-Tender Offer From MacKenzie …
