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Trump's "Sock Puppet"

Trump's "Sock Puppet" By Philip Marey of Rabobank Summary The confirmation hearing of Fed Chair nominee Kevin Warsh by the Senate Banking Committee was a very partisan affair. In his prepared remarks, Warsh stressed that monetary policy independence is essential, but he does not believe that the operational independence of monetary policy is particularly threatened when elected officials state their views on interest rates. Warsh thinks the Fed must stay in its lane and avoid straying into fiscal and social policies. Warsh was walking a tightrope between convincing the Senate Banking Committee that he...
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Jun 25, 2026 / Tyler Durden
Heat Dome Sends European Power Prices Soaring
Heat Dome Sends European Power Prices Soaring An intense heat wave continues to bake France and parts of Europe, with temperatures surging well above the 30-year average for this time of year. Welcome to summer.  They think we are stupid, that our memories cannot stretch back to when life was normal, and when our lives were not based on fear... Summer, it gets hot, Winter it gets cold... It's NORMAL. https://t.co/hYHvZ3dI2w — 🇨🇭🏴󠁧󠁢󠁥󠁮󠁧󠁿InLucysHead🏴󠁧󠁢󠁥󠁮󠁧󠁿🇨🇭© (@InsideLucysHead) June 24, 2026 In France, the average daily temperature reached 85.6F on Tuesday, according to Météo-France, while Pissos in southwest France...
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Aug 23, 2026 / Tyler Durden
WHO Says Pandemic Determinations Can Be Made Without 'Evidence Of Illness'
WHO Says Pandemic Determinations Can Be Made Without 'Evidence Of Illness' Authored by Jon Fleetwood via Modernity News, The World Health Organization (WHO) says evidence that a person is actually sick is not required for a "laboratory-confirmed" human influenza infection with "the potential to cause a pandemic" to trigger mandatory international reporting. "Evidence of illness is not required for this report," WHO states in its latest Influenza at the Human-Animal Interface assessment, which covered July 8 through August 7, 2026. WHO says countries must "immediately notify WHO of any laboratory-confirmed case of a...
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Mar 17, 2026 / Tyler Durden
Iraq Negotiates With Iran To Reopen Vital Oil Shipping Route
Iraq Negotiates With Iran To Reopen Vital Oil Shipping Route Authored by Tsvetana Paraskova via OilPrice.com, The federal Iraqi government is in contact with Iran to persuade Tehran to allow some Iraqi oil tankers to pass through the Strait of Hormuz, Iraq’s Oil Minister Hayyan Abdul Ghani said on Tuesday.  “There is communication with Iran regarding allowing the passage of some Iraqi oil tankers,” the minister said in statements carried by the Iraqi News Agency (INA).  Iraq, unlike Saudi Arabia and the United Arab Emirates (UAE), doesn’t have any options – even partial – to...
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