Terrible 5Y Auction: Worst Bid To Cover In 4 Years, Highest Tail Since 2024, Dealers Jump

Aluminum Market Descends Into Supply 'Black Hole' Aluminum prices on the London Metal Exchange are climbing into the end of the week, reaching $3,621 a ton and approaching the peak seen during Russia's 2022 invasion of Ukraine. The problem now is that the aluminum market has been thrust into a serious supply shock amid the U.S.-Iran conflict in the Middle East, one that is unlikely to be reversed in the near term. One big problem we highlighted last weekend was that Emirates Global Aluminum (EGA), the Gulf's largest aluminum...

Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit a nation.

Massive 2,000-Year-Old Luxurious Roman Bathhouse Uncovered In The Netherlands Authored by Maria Mocerino via Interesting Engineering, The largest Roman bathhouse complex ever discovered in the Netherlands has surfaced, shedding new light on the wealth and importance of the ancient Roman city of Ulpia Noviomagus. Roman bathhouse complex.Nijmegen Researchers from the archaeological firms RAAP and BAAC were conducting routine investigations in Nijmegen's Waalfront district, a site slated for new residential development. The excavation, which began in September of last year and will conclude in July, uncovered a public bathhouse, residential blocks, luxury townhouses, streets,...