World Economic Fuck'em

First Qatar Supply Shock, Now Cyclone Chaos Slams Major Australian LNG Plants In a troubling overnight development that could further deepen the Gulf energy shock, especially in global LNG markets, a tropical cyclone has disrupted operations at three major Australian LNG facilities, which together account for roughly 8.4% of global supply. The timing is alarming: Iranian strikes have already knocked out about 17% of Qatar's LNG export capacity, with repairs potentially taking years. The Australian outages now add near-term supply risks for buyers, particularly in Asia and Europe, who are...

Xi Jinping Refocuses On Taiwan With Renewed Political Outreach China hosted a high-profile meeting between Xi Jinping and a senior Taiwanese opposition figure from the Kuomintang (KMT), marking a notable resumption of party-to-party engagement after years of limited direct contact, according to Nikkei Asia. The meeting was tightly choreographed, featuring an extended handshake, formal seating arrangements, and controlled media coverage. These elements were designed to convey parity and legitimacy, signaling that Beijing views engagement with Taiwan’s opposition as politically substantive. The KMT has historically supported closer economic and political ties with mainland...

President Trump on Tuesday criticized the US’s NATO allies, saying they were “making a very foolish mistake” for not entering the US-Israeli war against Iran, as his calls for other countries to send warships to open the Strait of Hormuz have been rejected. “NATO is making a very foolish mistake. I’ve long said whether or […]