Bush Carrier Begins Scheduled Deployment Across Atlantic, With USS Ford Down For Repairs In Croatia

PIMCO Privately Lends Over $10 Billion To Dollar-Strapped Gulf States Just days after the UAE hinted at a growing dollar shortage in the Gulf nation by requesting swap lines with the Fed, Bloomberg reports that as Iran's struggling neighbors scramble to build cash buffers to deal with any potential economic fallout from the Iran war, one large buyer has stepped in: the world's largest bond manager, Pacific Investment Management Co. Since the start of the Iran war, Pimco has lent more than $10 billion to state-backed and government borrowers in the...

Soaring Imports Push India's Crude Stocks To Near 1-Year High India’s strategic and commercial crude oil inventories have jumped to a nearly one-year high as the world’s third-largest crude oil buyer boosted its imports to a record high in June, OilPrice reported. As at the end of June, India’s crude oil stocks held in strategic, commercial, and refinery storage had increased to 104 million barrels, up from 90.5 million barrels at the end of April, according to data from commodity intelligence provider Kpler cited by Indian outlet Economic Times. Before the Iran...

The last Israeli invasion of Lebanon “ended” in November 2024 with a ceasefire, and since that ceasefire went into effect, Israel has launched over a thousand attacks on Lebanese territory. Those strikes are continuing to grow in intensity in recent months, and this weekend alone, major attacks killed a dozen people in Lebanon and wounded […]