Christine Lagarde to leave ECB before the end of her 8-year term

UBS Warns El Nino May Intensify Food Inflation Across Asia By now, readers have a clear understanding that the Gulf-driven energy shock is on course to collide with a potential super El Niño weather event, creating what could be a dangerous second-order shock to food supply chains around the world. The concern is that extreme heat and disrupted rainfall patterns could hit top agricultural growing belts, dent harvest output, and amplify existing supply stress. Even before those weather-driven impacts fully materialize, global food prices are already rising, suggesting that...

California Chemical Tank Emergency At F-35 Supplier Comes Amid Far-Left Campaign Against Defense Firms By the end of last week, dozens of lawsuits had been filed against GKN Aerospace after a tank explosion risk at its Garden Grove, California, facility forced 40,000 residents to evacuate the area over Memorial Day weekend. An apparent malfunctioning storage tank containing methyl methacrylate, a volatile, flammable chemical, sparked fears of an explosion across Garden Grove, Anaheim, Stanton, Buena Park, Cypress, and Westminster. Local authorities lifted the final evacuation orders last Tuesday after pressure inside the tank...

The Oscars Died Last Weekend...Did Anyone Even Notice? Submitted by QTR's Fringe Finance “Oh, the Oscars was yesterday,” my friend said to me while walking through town. She noticed that a nearby bar had the TV tuned to a replay of the ceremony. What surprised me was who said it. This is a person who is deeply, spiritually committed to things like what movies are in theaters and new fictional television shows. She loves the arts. She listens to jazz. She goes to see Broadway plays. She watches every prestige movie she can...