The Silicon Valley Bank collapse wasn’t unique, it was just first

House Democrats Threaten Contempt For Bondi If She Doesn't Testify In Epstein Probe Authored by Jacob Burg via The Epoch Times, Democrats on the House Oversight Committee on April 8 threatened to file contempt of Congress charges against former Attorney General Pam Bondi if she doesn’t testify before the House as part of its ongoing investigation into deceased sex offender Jeffrey Epstein. The House Oversight Committee confirmed to The Epoch Times on Wednesday that the Justice Department had said Bondi would no longer appear for a congressional deposition on April 14 “since...

Futures Jump On Hopes Of War De-escalation, Korea Enters Bear Market On Memory Rout Futures are higher on a WSJ report that Trump is considering exiting the middle east conflict even if the Strait of Hormuz is not reopened; but the market is deciding whether this is a genuine intent to leave or another feint given the previous US attacks during negotiations and that Trump has yet to adjust his Apr 6 deadline. As of 8:00am, S&P futures are 1.1% higher, at session after approaching correction territory yesterday. Nasdaq futures rise...

QatarEnergy Declares ForceMajeure For LNG Shipments Through May, Representing As Many As 90 Cargoes The already dismal LNG supply situation just got worse. With up to 20% of global LNG flows shuttered due to the ongoing blockade of the Hormuz Strait and the extensive damage of Qatar LNG infrastructure, QatarEnergy has declared force majeure on some of ⁠its long-term liquefied natural gas (LNG) supply contracts, including ‌for customers ⁠in Italy, Belgium, South Korea ⁠and China, effectively canceling contractual obligations. That would represent as many as 90 cargoes according to Bloomberg. The move on...