Some Jaded Shah Supporters Express Regret After Scale Of US Bombing On Iran Revealed

This past week was what many Christians regard as Holy Week, starting with celebration of Jesus Christ’s Last Supper on Holy Thursday; mourning Christ’s crucifixion and death on Good Friday; continuing with prayer and church services on Holy Saturday; and concluding with the glory of Christ’s resurrection on Easter Sunday. Here in Washington things were […]

Europe's Climate Policy Forces Industry Into Retreat; Even Its Critics Are Folding Submitted by Thomas Kolbe In the media business, five months is an eternity. And it does indeed seem like an eternity has passed since Christian Kullmann, CEO of the German chemical giant Evonik, sharply criticized European climate policy at the end of October. At the time, Kullmann gave an interview to Süddeutsche Zeitung, in which he called—if not for the outright abolition—then at least for a significant weakening of the EU-wide CO₂ emissions trading system, given the dramatic state of...

Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But... While 'hard' data has been fading modestly in recent weeks, 'soft' survey data has bounced back but today we get a first glimpse at February's PMIs from S&P Global to see if that survey-based confidence is continuing. It is not as both Manufacturing and Services PMIs dropped notably., Flash US Services PMI Business Activity Index: 52.3 (January: 52.7). 10-month low. Flash US Manufacturing PMI: 51.2 (January: 52.4). 7-month low.    Source: Bloomberg Overall that dragged the US Composite PMI down...