Soaring Imports Push India's Crude Stocks To Near 1-Year High

4 Key Points From New White House Counter-Terror Strategy Authored by Ryan Morgan via The Epoch Times, President Donald Trump’s administration rolled out its new counterterrorism strategy overview on May 6, articulating recent policy shifts and new pledges going forward. The 16-page strategy guide seeks to articulate an “America First” approach to dealing with militants, extremists, and criminal enterprises. “For the 25th Anniversary of the 9/11 terror attacks, America has returned to a common sense and reality-based Counterterrorism Strategy,” the document states. “President Trump has [effected] a complete revision of how we defeat threats...

The Copper Chart Causing Alarm Copper futures in London continue to move higher, once again approaching record highs, as US buyers purchase record volumes from the seaborne market, with imports reaching 200,000 tons in July. A phased US tariff would keep that buying in motion for longer, further tightening the ex-US market and limiting any near-term price correction in London trading. Rafael Barcellos, head of Latin American Metals & Mining and Pulp & Paper Equity Research at Bradesco BBI, wrote in a note last week that global mine supply is deteriorating....

German Industrial Orders Up: Massive Boost From Arms Spending Submitted by Thomas Kolbe Was this the turning point of the summer, a kind of summer-sun Merz-turnaround? Latest figures from the Federal Statistical Office show a significant jump in industrial orders in Germany: The order volume of companies across all sectors rose by 2.5 percent in July compared with the previous month – the third consecutive increase. These are good numbers for the Chancellor, who is desperately looking for supporting arguments for his political course ahead of the state elections in eastern Germany. The...