Ford Carrier Group Enters Mediterranean To Join Biggest US Build-Up Since 2003 Iraq War

Treasury Hits Remaining 'Shadow Fleet' Shipping Iranian Oil To Asia With New Sanctions The Trump administration is late this week moving to identify, punish, and cut off remaining tankers in Iran's so-called 'shadow fleet' which are still engaged in shipping Iranian oil to Asia. Thursday saw the US Treasury impose sanctions on 17 vessels and their owners involved in transporting Iranian crude oil, petroleum products and petrochemicals - with these being mostly aging oil tankers which conduct ship-to-ship transfers and other evasive, concealment tactics. via ShutterstockThe Treasury Department hailed the action as...

Over the course of Israeli attacks on Wednesday, the Lebanese Health Ministry reported at least 22 people killed, including eight children. That’s particularly relevant, because Thursday talks were scheduled in DC between Israeli and Lebanese officials regarding extending the current “ceasefire” that expires this weekend. Israeli officials seem to be going into the talks particularly […]

Friends Don’t Let Friends Wear Dow Hats  Submitted by QTR's Fringe Finance At some point, probably sooner than most people think, the Dow Jones Industrial Average is going to hit 100,000. And when it does, you can already picture the scene. It’ll be like every major milestone the Dow has ever hit so far combined. CNBC will run a countdown. There will be breathless retrospectives about how far the market has come. Somebody will dig up footage from the New York Stock Exchange. And, almost certainly, we will print a stupid hat...