Chinese National Indicted In Florida For Allegedly Importing Deadly New Synthetic Opioid

Opposite Of Drawdown: US Mulls Expanding Nuclear Weapons Deployments In Europe The White House has been talking about reducing America's military presence across the European continent, amid long-running Trump complaints over lack of NATO burden-sharing. There are even plans to draw down 5,000 US troops from Germany on a permanent basis (though for now it appears thousands are just being moved to Poland). Such a military 'reduction' would be welcomed by Moscow, however, as is usual when Washington signals de-escalation in force posture, the result ends up being the opposite. Washington...

The Chinese Foreign Ministry on Tuesday strongly condemned the US military blockade on Iranian ports as “dangerous and irresponsible” and warned that it risks the very fragile ceasefire between the US and Iran. “With the temporary ceasefire agreement still in place, the United States ramped up military deployment and resorted to a targeted blockade. This […]

HSBC Warns Of Commodity "Super-Squeeze" As Goldman Hikes Copper Forecasts Copper is inching closer to its mid-May all-time high of $14,153 a ton on the London Metal Exchange, trading around $13,832 on Tuesday morning, as Goldman raised its year-end price targets and HSBC warned that commodities face a "super-squeeze" with the Hormuz maritime chokepoint still largely shuttered in early June. Let's begin with HSBC analysts, who wrote in a note to clients that "metal prices are generally in an upswing, driven by supply disruptions for some commodities due to the Middle...