Your gateway to a free society
Article
Key Aluminum Spread In London Hits Biggest Backwardation Since 2007
Key Aluminum Spread In London Hits Biggest Backwardation Since 2007
Aluminum futures in London surged to a four-year high on Monday as President Trump's Strait of Hormuz blockade, set to take effect this morning, threatened to deepen supply chain disruptions across the Gulf region. On top of that, the Gulf's largest aluminum producer declared force majeure on parts of its contract book over the weekend.
Aluminum climbed 1.4% to $3,547 per ton on the London Metal Exchange as traders priced in increased shipment disruption risk ahead of President Trump's Hormuz blockade,...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Apr 12, 2026 / Tyler Durden
Treasury, IRS Propose Rules For 1 Percent Remittance Tax On Some Money Sent To Foreign Countries
Treasury, IRS Propose Rules For 1 Percent Remittance Tax On Some Money Sent To Foreign Countries
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The Internal Revenue Service and the Department of the Treasury proposed regulations on Friday regarding the new excise tax, established under the One Big Beautiful Bill Act, on certain remittances made abroad.
The Internal Revenue Service in Washington on March 10, 2025. Madalina Vasiliu/The Epoch Times
“Beginning Jan. 1, 2026, a 1 percent remittance transfer tax applies to remittances sent from the United States to recipients in foreign...
Read more
May 21, 2026 / Tyler Durden
Lilly's Next-Gen Weight-Loss Drug Clears Trial With Near-Bariatric Surgery Results
Lilly's Next-Gen Weight-Loss Drug Clears Trial With Near-Bariatric Surgery Results
Eli Lilly reported positive Phase 3 results for its next-generation obesity drug, retatrutide, which delivered weight-loss results on par with those of bariatric surgery.
In the TRIUMPH-1 trial, overweight adults, but without diabetes, achieved meaningful weight loss across all tested doses after 80 weeks:
12 mg dose: average weight loss of 70.3 pounds, or 28.3% of body weight.
9 mg dose: average weight loss of 64.4 pounds, or 25.9%.
4 mg dose: average weight loss of 47.2 pounds, or 19%
Ahead of the results,...
Read more
Jun 11, 2026 / Dave DeCamp
After Killing Three Indian Mariners, US Bombs Another Tanker in the Gulf of Oman
US Central Command announced on Thursday that it bombed an oil tanker for the third time this week in the Gulf of Oman as part of its enforcement of the blockade of Iranian ports, which comes after India confirmed the previous US attack on a tanker killed three Indian crew members. CENTCOM said its latest […]
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?