Trump Declares Hormuz 'Never Again' Closed By Iranians, State Media Quickly Calls BS In New Threat

"Everyone Has Blown Up": London Macro Traders Carried-Out As French Carry Trade Implodes (Again) For the better part of three years, the hottest seat in London's multi-manager world was a European rates book: lever up French OATs in repo, clip the carry, collect the seven-figure payout. This month, the French bond market sent the bill. According to a must-read report from eFinancialCareers' Sarah Butcher, London's macro hedge funds are quietly emptying out their EGB desks. Funds aren't talking about performance, but headhunters and bank traders who have been keeping score say...

"Debug": Google Seeks Federal Approval To Release Millions Of Mosquitoes In California, Florida Authored by Jacob Burg via The Epoch Times, Google is seeking federal approval for a new program called "Debug" that would release up to 32 million mosquitoes in California and Florida to combat disease-carrying mosquitoes already found in the wild. A laboratory technician holds a mosquito at the World Mosquito Program factory in Medellín, Colombia, on June 4, 2024. Scientists have long released biologically modified mosquitoes to curb transmission of diseases such as chikungunya. Jaime Saldarriaga/AFP via Getty Images Pitched...

Super El Nino: Famine Follows War? Rory Green, TS Lombard's chief China economist, is the latest Wall Street strategist to warn of the mounting macro and food inflation risks that a super El Niño could release on certain regions of the world. In a note titled "Super El Niño: Famine Follows War?" Green warns that war-related disruptions to energy and fertilizer markets, compounded by adverse weather conditions, could create a perfect storm for global food prices. Green said, "In general, El Niño raises temperatures and significantly exacerbates both drought and heavy...