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US Industrial Production Rises For 4th Straight Month In February
US Industrial Production Rises For 4th Straight Month In February
After a strong gain in January, US Industrial Production continued to expand in February, rising 0.2% MoM (better than expected +0.1%) - the fourth straight month of gains with Production up 1.44% YoY...
Source: Bloomberg
Manufacturing output also beat expectations, rising 0.2% MoM in February.
Durable manufacturing output edged up 0.1 percent, with mixed results across categories; the index for motor vehicles and parts posted the largest gain, and the index for machinery posted the largest loss.
Nondurable manufacturing output rose 0.2 percent, with...
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Ukraine Pounds Major Moscow Refinery As Global Diesel Crisis Threatens Economic Shock
Ukraine Pounds Major Moscow Refinery As Global Diesel Crisis Threatens Economic Shock
Military conflicts, economic wars, and resource wars are converging ahead of the Northern Hemisphere winter.
Export restrictions on critical materials and energy products are adding economic pressure worldwide, raising the risk that supply disruptions and retaliatory measures widen existing conflicts. With no clear path to de-escalation, the potential for spillover from active war zones remains top of mind.
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Retired Syrian General Who Fought ISIS 'Disappears' Inside Embassy In Beirut
Retired Syrian General Who Fought ISIS 'Disappears' Inside Embassy In Beirut
Via The Cradle
A retired Syrian general who commanded forces fighting ISIS was abducted by personnel from the Syrian embassy in Lebanon, Al-Akhbar reported on Saturday.
Adel Issa, an Alawite brigadier general from Tartous, entered the Syrian embassy in Beirut at 12:30 pm on Friday to arrange a power of attorney for a relative. His Syrian driver waited outside for him, but he never returned. As his driver waited outside, a car with several young men stopped and demanded that the driver hand over...
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