US New Home Sales Soar For 2nd Straight Month As Prices Plunged In March

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...

"Regime Must Be Relegated To Dustbin Of History": Florida Congressman Erupts After Cuba Attacks U.S. Speedboat Update (1605ET): Florida Republican Rep. Carlos Gimenez blasted the Cuban regime shortly after news hit the wires that Cuban border guards aboard a vessel had fired on and killed four people and injured six on a U.S.-linked speedboat off Cuba's north coast. The Cuban Embassy in the U.S. did not specify the exact timing of the incident in its X post. "The dictatorship in Cuba has just attacked a boat from Florida & murdered those on...

Half A Million Balsa Trees Illegally Logged In Amazon Rainforest Every Year To Feed Global Wind Turbine Demand Authored by Chris Morrison via DailySceptic.org, Over half a million balsa hardwood trees are being illegally logged in the Amazon rainforest every year to feed the massive demand for wind turbines in many parts of the world. Balsa is a lightweight but strong wood that is commonly used in the core of giant turbine blades. It can make up around 7% of the blade and each set of three can use up to...