Europe Will Lose Billions In Revenue If US Military Bases Shut Down

US-Canada Trade War Threatens Electricity Imports, Prices By Robert Walton of UtilityDive An escalating trade war between the United States and Canada is once again threatening to ensnare the electric power sector at a time when consumers are already stretched thin. Canada is expected to announce retaliatory tariffs on U.S. goods Tuesday after President Donald Trump’s 50% tariffs on about $20 billion in Canadian goods went into effect over the weekend, with threats of more on the way. On Monday, Ontario Premier Doug Ford told the Associated Press that “everything is on the table,” including...

As the US-brokered Israel-Lebanon talks get underway for September, a new deal has been reached, which US officials are framing as a “good faith measure” and what Israeli Prime Minister Benjamin Netanyahu is calling an “exchange,” five Lebanese civilians captured by the Israeli government will be released. The first of the five, Malek Ghazi, was […]

Scarcity Warnings In Physical World Send Commodities To 14-Year High, Threatening Stock Rally Readers are familiar by now with the broad-based commodity rally, with energy, agricultural products and metals moving sharply higher as former Goldman Sachs commodities head Jeff Currie warned this summer of growing scarcity in the physical economy. The Bloomberg Commodity Index has climbed to levels last seen in 2012... ... while the Quantix Commodity Index has hit a new record high. Bloomberg macro strategist Simon White is out with a new note this morning warning that the commodity rally...