Bank Of Japan Governor Ueda Hospitalized, Will Miss June Meeting

US prosecutors are accusing a legal permanent resident of Louisiana of participating in the October 7 attacks in Israel. Yet their case relies almost entirely on intelligence from Israel which the defendant’s lawyers are unable to see, and an Israeli agent they can not identify. That agent may be Lt. Col. Avi Kalo, who previously […]

Amazon Warns Of "Degraded" AWS Service In UAE After "Power Issues" Amid Middle East Conflict Iran's retaliatory attack ramped up on Sunday after the U.S.-Israeli Operation Epic Fury killed Supreme Leader Ayatollah Ali Khamenei on Saturday morning. Follow-on strikes were reported in Israel, across multiple Gulf states, and maritime incidents affected commercial shipping lanes in and around the Strait of Hormuz. One notable and unexpected point of disruption has emerged in the Middle East critical infrastructure on Sunday morning, with Amazon reporting that its Middle East (UAE) data center region has...

Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022 With both foreign and domestic investors dumping gold (and anything else not nailed down) to fund oil, at its brand sparkling new price of $170 (in Asia), we were wondering how long before the lack of disposable cash hits US debt. We got the answer today at just after 1pm when we got the results of today's $69 billion 2Year bond auction. In a nutshell, it was terrible. The auction priced at a high yield of 3.936%, up from...