US Corn Conditions Suffer Sharpest Deterioration In Three Years, Fueling Food Inflation Fear

"Demand Signal Is Real": US Bipartisan Senate Delegation Touts Defense Boom At Farnborough Airshow The Farnborough International Airshow kicked off on Monday and is one of the world's largest aerospace, aviation and defense trade shows. It is held every two years at Farnborough Airport in Hampshire. A Reuters report says that a bipartisan group of nine US senators urged allied European defense giants to expand production, as there is soaring demand for missiles, bombs, drones, and interceptors, and as Congress moves to boost defense spending. "Our message is encouragement to them...

India Panics, Further Tightens Gold Flows As Rupee Collapses Well, that escalated quickly... With the Rupee accelerating its declines to ever lower record lows against the dollar, Indian authorities have stepped up capital controls, focusing on curbing demand in the gold 'exit' route. 4 days ago, there were no signs of import duty hikes as Prime Minister Narendra Modi  issued a rare weekend appeal urging citizens to forgo gold purchases as well as unnecessary foreign travel in order to help hold up the currency.. 2 days ago, tariffs were more than doubled on gold...

President Donald Trump suggested he would relaunch his war on Yemen if Ansar Allah follows through on its pledge to prevent Saudi shipping through the Bab al-Mandab. Last year, Trump ordered a massive bombing campaign against Yemen in an effort to break Ansar Allah’s blockade on Israel.  On Monday, the Yemeni Armed Forces said it […]