DOJ Files To Revoke Citizenship Of Former Mayor Over Alleged Fraud

"We're On Borrowed Time": Vitol LNG Chief Warns Of Coming Food Price Shock Pablo Galante Escobar, the head of liquefied natural gas (LNG) at Vitol, warned the audience at the FT Commodities Summit earlier today that the "world is on borrowed time" and that the Gulf energy shock will develop into a food crisis unless LNG flows resume through the Hormuz chokepoint. "We are on borrowed time. Every day this trade remains closed and every day production does not come back, we are building a problem for the future, and...

UK Faces Summer Flight Disruptions As Jet Fuel Risks Mount Via City AM, Ministers are expected to warn Britons that flight cancellations could disrupt summer holiday plans. Allianz Trade research says the UK is especially exposed to jet fuel shortages because of import dependence. Airlines are weighing cancellations, surcharges, and ticket price adjustments as fuel supply risks rise. Ministers are set to warn the British public that flight cancellations will hit summer holiday plans as new research suggested that the UK is more exposed to jet fuel shortages than other European countries.  Heidi Alexander, the...

From Trucks To Tanks: Pentagon Looks To Automakers To Rebuild America's Arsenal With two active conflict areas in Eurasia - the Russia-Ukraine conflict in Eastern Europe and the U.S.-Iran theater in the Gulf - the world is moving deeper into a war cycle. The latest indicator is not only that militaries around the world are beginning to stockpile one-way attack drones, but also the early-stage push to convert underused civilian industrial capacity, including struggling auto production lines, into wartime manufacturing hubs. The Wall Street Journal is out with a new report...