Counterfeit Titanium Found In Some Boeing And Airbus Jets
Counterfeit Titanium Found In Some Boeing And Airbus Jets Boeing is no longer the pride of American aviation. The plane manufacturer is riddled with so many problems it’s impossible to keep track. Yesterday, the FAA announced an investigation (yet another…) into a 737 Max 8 jet that encountered a dangerous mid-flight ‘Dutch roll’ several weeks ago. Now, a report […]
Gold Prices Stable Amid High Rates and Dollar Resurgence
Gold prices remained stable in Asian trade on Friday, as a stronger dollar, driven by the prospect of fewer U.S. interest rate cuts, countered optimism from easing inflation. Spot gold and gold futures each saw a slight rise of 0.1%, but the yellow metal is still recovering from recent declines due to high interest rates. […]
China Seeks to Avoid Trade War in Response to EU Car Tariffs
China is expected to respond cautiously to the EU’s new tariffs on Chinese electric cars, wary of provoking a trade war. The EU’s move to impose tariffs of up to 48% on Chinese vehicles aligns with similar actions by the US and other countries. Beijing aims to avoid aggressive retaliation that could unify Western nations […]
Fuel Demand Bolsters Oil Prices Despite Mixed Market Outlook
Oil prices are set for their strongest weekly gain in months, driven by rising demand for key fuels like gasoline and diesel. Brent crude futures have increased by 0.5% in London, with a weekly gain of 4.4%. Despite a robust fuel market, the overall crude outlook is clouded by reduced consumption growth forecasts from the […]
Macron Has Gambled… And Lost
Macron Has Gambled… And Lost By Elwin de Groot, Head of Macro Strategy at Rabobank We still have one more day to go in the European session before the weekend, but the week in review is already showing to be one of quick decisions, where the bond market was ‘saved’ by the US inflation data […]
French Development Banks Pulls Bond Sale As Macron Sparks EU Market Meltdown
French Development Banks Pulls Bond Sale As Macron Sparks EU Market Meltdown Sacre bleu!! The implications of French President Macron’s shock announcement of snap legislative elections after sustaining a hammering from the far-right Rassemblement National in European elections are starting to show up in some much more worrying systemic signals for the EU overall. The […]
Watch: Biden Wanders Off On His Own At G7 Meeting Like A Dementia Patient
Watch: Biden Wanders Off On His Own At G7 Meeting Like A Dementia Patient Authored by Steve Watson via Modernity.news, Joe Biden’s cognitive decline was on show for the entire world at the G7 summit in an Italy Thursday as he randomly wandered off from the other dignitaries during a sky diving demo. While everyone […]
Futures Slide, Yields Tumble As European Turmoil Sparks Global Risk-Off
Futures Slide, Yields Tumble As European Turmoil Sparks Global Risk-Off After stocks hit a 4th consecutive record and a 30th All Time High on Thursday on absolutely atrocious breadth (more than two thirds of the S&P closed red), futures traded lower as the rally finally fizzled. At 8:00am ET, S&P futures were down 0.5%, but […]
US Navy Evacuates Injured Mariner From Houthi-Attacked Cargo Ship Set Ablaze By Missiles
US Navy Evacuates Injured Mariner From Houthi-Attacked Cargo Ship Set Ablaze By Missiles Chaos in the Red Sea region continued into the latter part of the week, with the US military rescuing an injured civilian mariner from a cargo ship attacked by Iran-backed Houthi rebels. The situation underscores the ongoing disruption in the key maritime chokepoint as […]
Millions In Drug Money Has Made Its Way Into The South Florida Commercial Real Estate Market
Millions In Drug Money Has Made Its Way Into The South Florida Commercial Real Estate Market A new report is revealing how illegal drug funds have made their way through the commercial real estate market in South Florida “and beyond”, according to Bisnow. Among examples was Miami’s Sefira Capital, who agreed to forfeit over $29M […]