At Least Five Palestinians Killed by Israeli Attacks in Gaza

Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls In the past two weeks we have discussed demand destruction as a result of soaring oil prices (here and here), and we are increasingly seeing anecdotal evidence of just that (here is a table from Goldman we showed previously, laying out where demand destruction is most acute). We start, as always, with Asia which has emerged as ground zero of the global energy crisis - as a reminder last week we first presented a map by JPMorgan's...

Israeli Prime Minister Benjamin Netanyahu made many trips to the U.S. last year. And now here we are, in the middle of a gigantic mess in the Middle East (again). The widely anticipated expectation of President Trump putting “America First” and “Making America Great Again” seem like fleeting memories now. The post Trump & Netanyahu: Who’s the boss? Maybe we’ll find out appeared first on LewRockwell.

The head of US Southern Command (SOUTHCOM) made a surprise visit to Venezuela to meet with the interim government. “SOUTHCOM Commander Gen. Francis L. Donovan concluded a visit to Venezuela today for productive meetings with Venezuelan interim authorities,” a statement from SOUTHCOM posted on Thursday said. “SOUTHCOM is committed to advancing the National Security Strategy […]