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Will Today's British 'Midterms' Spark 'Starmageddon' For The Labour Party?

Will Today's British 'Midterms' Spark 'Starmageddon' For The Labour Party? All eyes on UK local elections (Britain's 'Midterms') today. As JPMorgan's Market Intel desk noted this morning, while the seats up do not influence national policy, Brits have historically used local and regional elections to punish the party in power in Westminster. Reform UK is expected to come out as the main beneficiary of the elections, with Labour the biggest loser. The key risk is that Labour’s poor performance causes MPs to push Starmer out in an attempt to improve the party’s standing ahead of...
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Jul 27, 2026 / Tyler Durden
BMO Says Return Of Mexican Cattle Is "Clear Positive" For Two Beaten-Down Meatpackers
BMO Says Return Of Mexican Cattle Is "Clear Positive" For Two Beaten-Down Meatpackers Following the USDA's announcement that it will begin lifting the year-long ban on Mexican live cattle imports on Aug. 24, BMO Capital Markets senior equity research analyst Andrew Strelzik called the decision a "key positive" for publicly traded meatpackers Tyson Foods and JBS. The restrictions were imposed to combat the New World screwworm, a flesh-eating parasite that threatens livestock. Restoring Mexican cattle flows should gradually ease tight U.S. supplies, improve slaughterhouse utilization, and support beef-processing margins. "A combination of...
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Mar 18, 2026 / Kyle Anzalone
Trump Lifts Jones Act for 60 Days in Effort to Lower Oil Price
President Donald Trump has issued a waiver that suspends the enforcement of the Jones Act for 60 days. The Jones Act is a protectionist law that was meant to bolster the domestic shipbuilding industry by forbidding foreign ships from transporting goods between US ports. “President Trump’s decision to issue a 60-day Jones Act waiver is […]
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May 7, 2026 / Dave DeCamp
Hegseth Calls Inflating the Pentagon Budget by 50% to $1.5 Trillion a ‘Fiscally Responsible Investment’
Secretary of War Pete Hegseth said in a post on X on Thursday that inflating the Pentagon budget by nearly 50% to $1.5 trillion for 2027 was a “fiscally responsible investment” as the Trump administration attempts to justify its record-shattering military budget request. “Thanks to President Trump’s $1.5 trillion defense budget, this War Department has […]
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