Rate On China's New Overnight Liquidity Tool Comes Below Estimates, Hints At Imminent Easing

Foreign-Born Population Grows, But Relative Size Not Unprecedented While the number of immigrants in the U.S. as well as their share of the population has generally been rising, Statista's Katharina Buchholz points out that the level of the foreign-born population is not unprecedented. As of 2024, the latest year available through U.S. Census data, 14.8 percent of the U.S. population was foreign-born.  Data aggregated by the Migration Policy Institute shows that throughout the late 19th and early 20th centuries, the foreign-born population of the U.S. had been just as high, before reaching a low of just...

CIA Distances Itself From Trump's Iran War With Media Leak It seems that CIA and other US intelligence officials hope to distance themselves from Trump's Iran war, now with the US-initiated conflict having dragged on for nearly five months (with no end in sight), after White House officials had in the opening days touted a swift, limited military excursion.  They are leaking intelligence to the press which shows they have assessed that current American strikes on Iran are unlikely to change Iran's negotiating position. With tankers in Hormuz on fire and...

TotalEnergies CEO Reveals Cost To Move A Supertanker Through Hormuz The crisis-driven dislocation across Gulf oil markets has positioned French energy giant TotalEnergies SE as an early mover, capitalizing on heavily discounted Persian Gulf crude priced at $50 to $60 a barrel and moving it through the highly contested Strait of Hormuz. CEO Patrick Pouyanné revealed at the Norwegian energy conference on Monday that transiting the waterway now costs roughly $20 million per supertanker. Bloomberg earlier quoted Pouyanné as saying that the added cost of moving crude on supertankers through the Hormuz...