Ron Paul: The Federal Reserve Is Why The People Are Unhappy

Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In With global refineries working overtime to convert oil into much needed product, Japan's refinery utilization rates also surged in May, as releases from petroleum reserves and increased supply of non-Middle East crude are easing the crude supply crunch seen in March and most of April, OilPrice reported. For the first time since March, refiners in Japan have boosted their average utilization rate to above 70% in the past two weeks, data from the Petroleum Association of Japan (PAJ) showed on...

Fed Has Never Hiked In October Ahead Of US Elections: UBS The US-Iran conflict has pushed Brent crude toward $106 a barrel, while the 10-year Treasury yield has climbed to its highest level in nearly two decades. Traders are looking at whether elevated energy prices will make inflation sticky and prompt another Federal Reserve rate hike in late October.  This week's US economic releases could reinforce those new concerns. Stronger growth would give the Fed greater mobility to tighten policy, while inflation would strengthen the case for further rate hikes.  UBS' Simon Penn wrote in a note...

An Illegal Migrant Tried To Saw Off A Man's Head; You Won't Believe What The BBC Did Next... Authored by Steve Watson via Modernity News, A leaked internal email shows a senior BBC executive reaching for the language of "solidarity" after a Sudanese asylum seeker was charged with trying to brutally murder a Northern Irish man in the street. The corporation's instinct was not to dwell on the victim, but instead to soothe colleagues "who have come to Northern Ireland and the UK from other countries." A local man is carved up...