Money versus Monetary Policy

TSA Suddenly Suspends PreCheck, Global Entry As DHS Shutdown Continues Update (1200ET): It appears the potential blowback from shutting PreCheck and Global Entry was just too much to bear as Jake Sherman reports the Trump admin has reverted back to normal on PreCheck but has adjusted its policy in response to the govt shutdown. "At this time, TSA PreCheck remains operational with no change for the traveling public. As staffing constraints arise, TSA will evaluate on a case by case basis and adjust operations accordingly. Courtesy escorts, such as those for...

Indian Scrapyards Welcome Growing Number Of Dark Fleet Tankers By Tsvetana Paraskova of OilPrice.com At least three vessels sanctioned by the United States have arrived in recent weeks at the demolition hub of Alang on India’s west coast, following a record 15 dark fleet tankers sent to these scrapyards last year, as the business rebounds despite concerns about dealing with sanctioned ships.   The Woodchip, built in 1993 and sanctioned by the U.S. in 2021 under one of its previous names, is the third tanker to have arrived at Alang in less than...