Israeli Officials Try To Push US Refueling Tankers Out Of Ben Gurion Airport Amid Disruptions

Jewish settlers in the West Bank killed a 19-year-old Palestinian American on Thursday as settler violence continues to surge in the Israeli-occupied territory. According to Haaretz, Nasrallah Abu Siam was shot during a settler attack on the village of Mukhmas in the central West Bank, and he later succumbed to his wounds. Two other Palestinians […]

'Still So Early On This Journey': Morgan Stanley Launches Lower-Cost Crypto Trading Just a week after Amy Oldenburg, Morgan Stanley’s head of digital assets, spent the better part of an hour making a case for bitcoin that few clients have heard in full (a gap she says is the industry’s most urgent problem), the bank announces the launch of crypto trading on E*Trade, charging 50bps in a pilot that undercuts rivals like Coinbase, Robinhood, and Charles Schwab. CoinDesk reports that Morgan Stanley’s Head of Wealth Management, Jed Finn, said the initiative goes beyond...

The US Doesn't Have An Oil Problem - It Has A Refinery Problem One of the enduring weaknesses of the modern US economy is the lack of redundancy.  As long as most of the world is operating normally and there are no serious geopolitical disruptions, America's "just in time" system works fine.  But, throw a monkey-wrench into distribution, global exports, freight systems, shipping or elements of production and cracks quickly form in the armor.   This does not mean that the US economy can't adapt; the pandemic shutdowns were horrifically pointless but...