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Iron Ore Below $100 As UBS Warns "Fundamentals Are Deteriorating"
Iron Ore Below $100 As UBS Warns "Fundamentals Are Deteriorating"
Iron ore futures in Singapore fell to their lowest intraday level in one year as deteriorating fundamentals continued to weigh on the market.
Steel demand in China remains soft amid an ongoing construction slump and weakening mill margins, while supply continues to increase, reinforcing expectations of a growing surplus.
Bloomberg noted earlier that the latest concerns surrounding major physical trader Radiant World added another layer of uncertainty, but the bigger bearish narrative remains centered on lackluster demand failing to absorb rising...
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Aug 23, 2026 / Tyler Durden
Did Canada Just Sign Its Own Economic Death Warrant?
Did Canada Just Sign Its Own Economic Death Warrant?
Canadian Prime Minister and WEF globalist Mark Carney has been a disaster for Canada since he entered office. There were many critics who believed the Trudeau regime could not be topped in terms of self destructive behavior, but one could easily argue that Carney is far more dangerous and far more devious.
This week the Canadian government abandoned a nearly finalized trade deal with the US in the final hour of talks, leaving many analysts (and Canadians) bewildered. According to U.S. Trade Representative...
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Aug 21, 2026 / Tyler Durden
Assistant U.S. Attorney Found Dead Inside Federal Building
Assistant U.S. Attorney Found Dead Inside Federal Building
A high-ranking federal prosecutor was found dead inside a Southern California federal building on Wednesday, just hours after he was reported missing.
Andrew Haden, Illustration via Wonderwall
Andrew Haden, 48, the No. 2 official in the U.S. Attorney's Office for the Southern District of California, was discovered in a vacant office at the Edward J. Schwartz Federal Building, officials said.
The county Medical Examiner's Office will determine the official cause and manner of death, but a source told the San Diego Union-Tribune that investigators believe...
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