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Trump's Project Freedom Likely Triggered By Oil Market's One-Month Countdown To Chaos
Trump's Project Freedom Likely Triggered By Oil Market's One-Month Countdown To Chaos
What is well established about President Trump's newly announced Project Freedom is that the U.S. military is helping "guide" commercial vessels out of the Strait of Hormuz.
The battle over the Hormuz chokepoint comes as the oil market appears to be one month away from a potential "tipping point." Without a resolution, traders warn that global crude and refined-product stockpiles could be drawn down to dangerous levels, creating dire conditions for another violent leg higher in fuel prices that...
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Sep 3, 2026 / Tyler Durden
EU's Kallas Says No Progress On Zelensky's Cash Infusion For Patriot Missiles
EU's Kallas Says No Progress On Zelensky's Cash Infusion For Patriot Missiles
On Wednesday EU leadership revealed that the Zelensky government has formally asked the European Commission to provide several billion euros from the EU’s €90 billion ($105 billion) support loan to purchase US-made Patriot air defense missiles.
European Commission President Ursula von der Leyen announced just ahead of a meeting with NATO Secretary General Mark Rutte, "It is worth several billion euros and would cover Ukraine’s air defense needs, including high-end PAC-3 air defense systems."
via EU Council
At the same time, the EU’s...
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Jun 22, 2026 / Dennis J. Kucinich
Congress Is Preparing to Surrender American Sovereignty on the Eve of America’s 250th Anniversary
The United States Congress, on the very eve of the 250th anniversary of our Declaration of Independence from Great Britain, is preparing to formally diminish American independence and sovereignty through a proposed merger and long-term integration of executive functions throughout the government, coordinated by the Department of Defense. Treacherous provisions in the 2027 National Defense […]
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Apr 1, 2026 / Tyler Durden
US Retail Sales Jumped Most In 8 Months In February
US Retail Sales Jumped Most In 8 Months In February
Bank of America's omniscient analysts forecast a very strong month for Retail Sales in February data (released today)...
The actual print was +0.6% MoM (better than the 0.5% consensus, but less than BofA's forecast) comes after a revised higher 0.1% MoM decline in January (and December's nothingburger)...
Source: Bloomberg
That is the highest MoM rise since June 2025, and sales rose 3.7% YoY...
Core Retail Sales (Ex Autos) rose 0.5% MoM (much better than expected) and Ex Autos and Gas also rose more than...
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