Senior Russian MP Says Russia Will Begin Targeting Underground Bunkers Used by Ukrainian Leadership in Kyiv

Another OPEC Exit? Iraq Warns It Could Abandon Oil Cartel If Quota Hike Rejected Iraq is sending a warning shot to OPEC: raise Baghdad's oil production quota to better reflect its capacity and fiscal needs, or risk yet another defection from the oil-producing cartel. "The ministry currently has no intention of withdrawing from OPEC, and we remain committed to operating within the organization's framework and mechanisms," Oil Ministry spokesman Salim Al-Rikabi told Bloomberg via a text message. Al-Rikabi warned, "Of course, taking into consideration that the Ministry is moving forward with...

US New Home Sales Soar For 2nd Straight Month As Prices Plunged In March After collapsing in January (-17.6% MoM - worst since July 2013 amid weather disruptions), US New Home Sales have risen strongly for two straight months - up 8.9% MoM in February and up 7.4% MoM in March... Source: Bloomberg This lifted new home sales by 3.3% YoY, but the total SAAR remains below Dec 2025 levels... Source: Bloomberg New home sales have really gone nowhere in three years. Median new home prices plunged in March from $407k to $387.4k - its...

Wendy Sherman, who served as President Biden’s deputy secretary of state, said in an interview with Bloomberg published on April 24 that Israeli Prime Minister Benjamin Netanyahu “created a genocide” in Gaza, a rare acknowledgment of the US-supported atrocities Israel committed against Palestinian civilians from a former Biden official. Despite holding the view that Israel committed genocide, Sherman, […]