Is The Iran War Good For The Petrodollar?

Sam Bankman-Fried 'Absolutely' Wants A Presidential Pardon From inside a federal prison cell, disgraced crypto mogul Sam Bankman-Fried is making a direct bid for a White House lifeline. In a phone interview with FOX Business, the former FTX founder said he "absolutely" wants a presidential pardon from President Donald Trump. "Absolutely. It would be obviously, you know, ultimately up to the president, not up to me," he said. Bankman-Fried declined to confirm whether his family is currently lobbying the administration on his behalf, saying only, "I can't speak for them." In March 2024,...

US Envoys Witkoff, Kushner Land In Moscow For Peace Talks As Putin Halts Attacks On Kiev Roughly 11 days after CIA Director John Ratcliffe unexpectedly traveled to Moscow and reportedly floated a trilateral summit involving President Trump, Russian President Vladimir Putin, and Ukrainian President Volodymyr Zelenskyy, US envoys Steve Witkoff and Jared Kushner arrived in Moscow on Saturday morning. "Dmitriev was deep in conversation with Witkoff and Kushner as they stepped onto Russian soil for key Ukraine talks," Russian media outlet RT wrote on X, accompanying the post with footage of...

UBS Warns Drought Shock Unfolding Across Breadbasket Of America It's not just us sounding the alarm about severe drought conditions hitting America's breadbasket as spring plantings ramp up, or warning about the second- and third-order effects that could push food prices higher later this year. UBS analysts, led by Jonathan Pingle, told clients on Thursday morning that drought conditions across the US agricultural belt rank among the worst in more than 130 years: The National Oceanic and Atmospheric Administration's Palmer Drought Severity Index hit its highest level for March since records started...