US Officials Work on Creating Pretexts To Attack Cuba

Israeli Prime Minister Benjamin Netanyahu is hoping to meet with President Donald Trump this week to discuss the war against Iran and other issues.  According to Ynet, Netyahu and Trump will likely meet for the eighth time in the past 18 months this week or next. One of the Prime Minister’s top goals will be […]

Indian Scrapyards Welcome Growing Number Of Dark Fleet Tankers By Tsvetana Paraskova of OilPrice.com At least three vessels sanctioned by the United States have arrived in recent weeks at the demolition hub of Alang on India’s west coast, following a record 15 dark fleet tankers sent to these scrapyards last year, as the business rebounds despite concerns about dealing with sanctioned ships.   The Woodchip, built in 1993 and sanctioned by the U.S. in 2021 under one of its previous names, is the third tanker to have arrived at Alang in less than...

US New Home Sales Tumbled In April As Prices Soared With Case-Shiller reporting existing home price declines in half of America's largest cities, and after two straight months of rip-roaring demand, NAR reports that New Home Sales in April tumbled 6.2% MoM (almost twice as bad as the 3.2% MoM decline expected). March's 7.4% MoM spike was revised down bigly to just +3.4%, all of which left new home sales down  Source: Bloomberg Overall, new home sales have really gone nowhere for four years... It seems lower mortgage rates did nothing to help new...