On Easter, Trump Demands Iran ‘Open the F*cking Strait’ or ‘Live in Hell’

White House Press Secretary Karoline Leavitt said that President Donald Trump concluded meetings with Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelensky.  “President Trump has concluded his meetings in the Oval Office with President Zelensky and Prime Minister Netanyahu,” Leavitt wrote on X Tuesday. “Both meetings were positive and productive!” Zelensky and Netanyahu […]

These Consumer Goods Could Be First To Vanish As "Supply Shock" Disrupts Asian Factories Goldman analysts warned that the petrochemical supply shock sweeping across Asia is now morphing into a full-blown COGS shock, hitting a range of industries with factories across the region. The immediate consequence is that manufacturers - from sofa makers to apparel producers - are being forced to dial back production and, in some cases, idle plants altogether as soaring petrochemical-linked input costs drive up the price of plastics and other key materials. In the note "Petrochemical...

Petrochemical Supply Shock Begins Idling Asian Factories For weeks, we mapped out for readers how the Gulf energy shock dominoes would fall, spreading outward from the Middle East and striking Asia first through tightened energy-product flows that risk destabilizing the global economy. That transmission of tightening energy flows is now becoming alarmingly visible on factory floors across Asia. Goldman analysts, led by Georgina Fraser, warned clients on Monday that the petrochemical shock is worsening across Asia, with textile and packaging plants emerging as the first major downstream casualties. "The supply shock...