Aramco CEO Says Energy Market May Not Normalize Until 2027 Amid Billion-Barrel Supply Shock

Congress Ordered An Annual Accounting Of Terrorism; The Counting Has Stopped... Authored by David E. Firester via RealClearDefense, On May 1, 2026, the State Department released the 2024 edition of the Country Reports on Terrorism - a full year past the deadline in effect when the report came due, and months past even the more forgiving date Congress has since written into law. No Annex of Statistical Information, the report's statistical backbone in years past, has been published with it. And the report's own pages cite terrorism-incident rankings from the Global Terrorism...

Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades The Bank of Canada said the global financial system has functioned (surprisingly) well through recent global shocks, but underscored the risk of a sharp asset price correction as well as vulnerabilities related to the role hedge funds are playing in debt markets. The central bank’s 2026 financial stability report released Thursday noted financial asset valuations have continued to rise, while the stock market is increasingly concentrated in a handful of large tech companies that are...

India More Than Doubles Gold, Silver Tariffs To Defend Crashing Rupee One day after vehemently denying speculation that India plans to raise duties on gold and silver imports following ​Prime Minister Narendra Modi's urging people to ​avoid buying ​gold for a year ‌due ⁠to the impact of the Iran war, India did in fact raise import tariffs on gold and silver in an attempt to defend its currency, a surprise move as the country races to limit the damage from the Middle East war and to shore up foreign-exchange reserves. The government has...