"The Situation Is Dire": Half Of Available Global LNG Tankers Are Trapped In The Persian Gulf

New Fed Chair Kevin Warsh's Job Is Impossible Submitted by QTR's Fringe Finance Congratulations to Kevin Warsh on officially becoming the next Federal Reserve chair. Unfortunately for him, he may have just accepted the worst job in global finance at the worst possible moment. Warsh was narrowly confirmed this week in the most partisan Fed chair vote in modern history, inheriting a central bank that has spent years under political attack while gliding straight into a macroeconomic minefield. Inflation just accelerated to a three-year high. Oil is higher amid Middle East tensions....

AIPAC-Targeted 'AK Guy' Set To Take GOP House Seat After Sex-Suicide Scandal His reputation shredded by a sex scandal involving a staffer who committed suicide, incumbent Texas Republican Congressman Tony Gonzales said he was no longer seeking re-election, handing the GOP nomination to YouTube gun personality Brandon Herrera. If his last bid for office is any indication, the self-nicknamed "AK Guy" could soon find himself in the crosshairs of AIPAC and other pro-Israel organizations. If he prevails in November, Congress could gain a Republican who feels no need to pander...

US Accuses Chinese Exporters Of Masterminding "Great Transshipment Scam" Back in mid-2025, when Trump's renewed trade war with China was all the rage, we said that much of this was hot air and theatrics for the simple reason that many Chinese exporters would find easy ways to evade US tariffs thanks to "transshipments", or using intermediary countries as fake points of origin ... Why China exports tumbled to the US and rose everywhere else? One word: transshipments pic.twitter.com/y9Pg2ML5ZX — zerohedge (@zerohedge) May 10, 2025 ... and none more so than Vietnam, which quickly...