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Coffee Shorts Get Roasted As Arabica Stages Biggest Jump Since Dot-Com
Coffee Shorts Get Roasted As Arabica Stages Biggest Jump Since Dot-Com
Arabica coffee futures jumped the most since the Dot Com era as worsening weather in Brazil and shrinking exchange-managed warehouses intensified concerns about near-term supply. This comes as El Niño threats rise across critical agricultural belts worldwide.
New York prices jumped as much as 18.5% on Monday to $3.57 a pound, the highest since January. This was the largest single-session gain since July 18, 2000.
Context on the squeeze: Traders had been expecting a large Brazilian crop, but rains have slowed...
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Aug 25, 2026 / Tyler Durden
Iran Unveils Huge New Gas Discovery Amid US Economic Pressure
Iran Unveils Huge New Gas Discovery Amid US Economic Pressure
Iran announced a huge new gas discovery in the southern province of Fars, with the oil ministry reporting estimates of 7.5 trillion cubic feet of gas, of which 73% is recoverable, or 5.7 trillion cu ft, OilPrice reported.
Iran has the world’s second-largest natural gas reserves, after Russia.
“This amount of gas is equivalent to one block of South Pars, which can supply gas for 15 years,” oil minister Mohsen Paknejad said, as quoted by Iranian media. “This volume of gas has...
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Jul 6, 2026 / Tyler Durden
White House Report Accuses Smithsonian Leaders Of 'Extreme Political Activism'
White House Report Accuses Smithsonian Leaders Of 'Extreme Political Activism'
Authored by Aldgra Fredly via The Epoch Times,
A White House report accused leaders of the Smithsonian Institution of adopting an ideological framework that shifted the National Museum of American History away from its mission of historical education toward what it called an "extreme political activism."
People visit the Smithsonian Museum of American History on the National Mall in Washington, on April 3, 2019. Pablo Martinez Monsivais/AP Photo
The 162-page report, released by the White House Domestic Policy Council on July 4, alleges...
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Jul 5, 2026 / Dave DeCamp
Lithuania To Lift Ban on Nuclear Weapons: President
Lithuania intends to lift its ban on the deployment of nuclear weapons, the country’s president has said, as more NATO countries seek to host US nuclear bombs amid soaring tensions with Russia over the war in Ukraine. “We would like to be the integral part of this nuclear deterrence,” said Lithuanian President Gitanas Nauseda, according […]
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