No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes

Israeli forces killed at least three Palestinians in Gaza on Monday, according to reports from the Strip, as the IDF continues its relentless attacks and constant violations of the US-backed ceasefire deal. The Palestinian news agency WAFA reported that on Monday morning, a man, identified as 42-year-old Mousa al-Abyad, was killed by an Israeli attack […]

Surging Services Costs Spark Unexpected Surge In US Producer Prices In January US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)... Source: Bloomberg Under the hood, we see a surge in Services costs (not tariff related) dominated the rise in PPI (while Energy saw deflation) Final demand services: The index for final demand services advanced 0.8% in January, the largest...

Is The Dollar Collapsing? 8 Key Indicators You Can't Ignore Authored by Nick Giambruno via InternationalMan.com, There are eight key indicators to watch as the US government falls deeper into the self-perpetuating debt spiral. Indicator #1: Federal Budget Deficits The chart below shows the actual and projected federal budget deficits. It’s important to note that these projections rest on the ridiculous assumption that there will be no wars, recessions, or other events that drive additional federal spending. That assumption is already out the window with the Iran war: the Pentagon has requested an additional $200...