California Mayor Indicted, Will Plead Guilty To Being CCP Agent

Commodity Markets Are Living On Borrowed Time Authored by Helen Thomas via City AM, Governments and industry have softened the impact of energy and commodity supply disruptions by releasing reserves, reducing inventories, and increasing operational flexibility. These measures are temporary, and continued inventory drawdowns are pushing oil and metal markets toward historically tight conditions. Once inventories become critically low, higher prices may become the primary mechanism for balancing supply and demand, leading to weaker economic growth and lower consumption. Commodity markets have spent the past three months performing an extraordinary balancing act. Despite one of...

Iranian Drones Strike EU Country In War First The Iran war has just for the first time, and rather quickly given it's only the third day of the conflict, expanded to include an EU nation in the Mediterranean. Iranian-made drones have reached Cyprus and at least one has made ground impact. But they may have been launched from nearby Lebanon. The British Royal Air Force (RAF) base in Akrotiri, Cyprus came under attack Monday morning, with an Iranian drone striking the runway in the early hours, several reports say. This comes...

China Wants Iran War End, Pushes 'Immediate' Hormuz Reopening During Araghchi Visit Ahead Of Trump-Xi Summit Iranian foreign minister Abbas Araghchi is currently in Beijing meeting with his Chinese counterpart, FM Wang Yi, and the timing of the visit sends a resounding message to Washington and the West. The highly anticipated Trump-Xi meeting is still scheduled for next week, expected for May 14-15, though there has been ample speculation the ongoing events of the unpredictable Iran war and Hormuz Strait crisis could derail the trip at the last minute. Of course,...