World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility

Assistant Secretary of State for Arms Control and Nonproliferation Christopher Yeaw said that there was no informal agreement between the US and Russia to maintain the limits on nuclear weapons imposed by the New Start Treaty. The pact expired earlier this month. During an event at the Hudson Institute on Monday, Yeaw was asked if […]

Contempt Of Court: Justice Sotomayor Suggests Justice Kavanaugh Is An Uninformed Elitist Authored by Jonathan Turley, Justice Brett Kavanaugh is accustomed to unrelenting personal attacks from the left that began with his nomination to the Court. This week, however, the ad hominem insults came not from cable programs but a colleague.  Justice Sonia Sotomayor used an appearance at the University of Kansas School of Law to level a personal dig at Kavanaugh as an out-of-touch elitist. I have long criticized the growing number of public statements by justices on controversial subjects and cases, including Justice Sotomayor. However, this...

IMF Warns US Treasury Market Prone To "Sudden Repricing" Due To Soaring Debt, Overreliance On Bills The International Monetary Fund warned Wednesday that the relentless US debt issuance is undermining the premium Treasuries have commanded from investors, with implications for government securities across the globe. “The increase in the US Treasury security supply is compressing the safety premium that US Treasuries have traditionally commanded — an erosion that pushes up borrowing costs globally,” the Washington-based IMF said in its latest Fiscal Monitor report. The US has been selling large volumes of debt...