Hyperscaler Bond Spreads Blow Out After Google Shocks With Another $25 Billion Bond Offering

Washington is pursuing industrial policy again, this time being an attempt to form a minerals consortium with other countries to secure minerals vital to US manufacturing. No doubt, this initiative will end up on the ash heap of bad policy.

Putin's First Ever Visit To Japanese-Claimed Islands Provokes Outrage In Tokyo Russian President Vladimir Putin on Thursday made a provocative visit to the far-eastern Kuril islands for the first time ever. Japan immediately lodged a "strong" protest given it also has long claimed the territory, resulting in an avalanche of denunciatory headlines in Japanese press. Putin held a meeting there "on ensuring the security of Russia's eastern borders," state RIA Novosti said. Japanese Foreign Minister Toshimitsu Motegi shot back: "The Northern Territories are an inherent part of Japan's territory both historically and...

Russia Scrambles To Restore Fuel Supplies As Refineries Resume Operations By Charles Kennedy of OilPrice.com Amid the ongoing fuel crisis in Russia, authorities are rushing to ease concerns that the shortages are worsening. Russia has been suffering from a gasoline and diesel crunch since the spring, when Ukraine intensified its drone attacks at Russian refineries, aiming to cripple fuel supply to the front lines and to the domestic Russian market. The drone hits on refineries, including deep into Russian territory more than 1,000 miles from the border with Ukraine, have become a nearly...