Free Speech Shouldn't Be Just For The Party In The White House

'Spies Inside The Holy See': Report Reveals US Espionage Campaign Targeting Pope Leo Via The Cradle The administration of US President Donald Trump has been "spying" on Pope Leo XIV as part of a years-long intelligence campaign by Washington against the Vatican, US investigative journalist Ken Klippenstein said in a report released Friday.  Klippenstein – an independent, Washington-based investigative journalist who formerly wrote for The Intercept – cited sources as saying that Trump's recent comments on the new Pope were taken by the intelligence community as "a directive to prioritize spying on the Vatican." via Reuters Trump...

UBS Finds Global Trade Structure "Surprisingly Stable" As AI Emerges As Growth Engine Despite ongoing Gulf-related energy shocks, mounting concerns over a potential energy cliff (read here), and UBS last month reactivating its supply chain stress-watch coverage, another UBS analyst noted Wednesday that the overall structure of global trade remains "surprisingly stable." Analyst Arend Kapteyn pointed out that the structure of global trade remains far more structurally stable than recent growth trends suggest, even as technology and AI-related categories have driven nearly 80% of recent trade growth while accounting for only...

Key Roles Over Payrolls By Michael Every of Rabobank Friday’s US payrolls were weaker than expected at 29K, another random walk which helped walk soaring bond yields back from the edge of the cliff, at least temporarily. However, far more important things are happening than that report, much as it’s a markets catechism to repeat it. Europe agreed to US demands to release 50m barrels of its diesel reserves over the next two months, which saw prices dip, also helping yields fall. However, those reserves are not from a government-owned facility but...