UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades

Ansar Allah, also known as the Houthis, has launched more attacks targeting Saudi-backed forces in the Yemeni Red Sea port city of Mocha and in Yemen’s eastern Marib province as the war in the country continues to escalate. Citing a military source, Yemen’s SABA news agency reported that the Ansar Allah-led Yemeni Armed Forces targeted […]

Putin To Escalate Ukraine War In Wake Of CIA Chief's Visit, Report Speculates Update1505ET: In the wake of yesterday's unusual visit by the Director of the CIA to Moscow for mystery 2-hour talks, Bloomberg says that President Putin is preparing for a major escalate against Ukraine: Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end, according to three people close to the Kremlin. For now, Russia is weighing an intensification of powerful conventional ballistic missile attacks on Kyiv, including the...

Of Anchovies And Blueberries – Why El Niño Matters Authored by Nick Smallwood via BondVigilantes.com, Why aren’t we talking more about El Niño? After an exceptionally hot, dry summer in Western Europe and elsewhere, climate discussions proliferate. But neither mainstream media nor markets seem to be seriously discussing the risks and opportunities presented by what scientists appear to agree will be a “super El Niño”.   In a world where food supplies have already been curtailed by the Russia-Ukraine conflict (especially wheat and sunflower oil), and where next year’s crop yields could be hit by the high price and/or...