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Global Diesel Crunch Deepens As Record US Distillate Exports Race To Supply-Starved Europe
Global Diesel Crunch Deepens As Record US Distillate Exports Race To Supply-Starved Europe
US distillate exports surged to a record last week as global supplies tightened. Disruptions across the Gulf area and various surrounding maritime chokepoints, as well as Ukrainian one-way attack drone strikes that have paralyzed portions of Russia's energy infrastructure, have been a major boon for US refiners and export terminals along the Gulf of America.
To begin the week, Samantha Dart, co-head of global commodities research at Goldman Sachs, told Bloomberg TV, "The situation in Russia is really...
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Sep 30, 2026 / Tyler Durden
Feds Investigate Kinzinger Over Alleged Kalshi Bets On Own Pardon
Feds Investigate Kinzinger Over Alleged Kalshi Bets On Own Pardon
Former Republican Rep. Adam Kinzinger is reportedly under investigation by the Commodity Futures Trading Commission over prediction-market trades tied to an unusually personal event: whether President Joe Biden would pardon him.
According to Politico, citing three people familiar with the matter, the CFTC has been examining trades made by a Kalshi account linked to Kinzinger in December 2024 and January 2025. Kalshi is also reviewing the transactions. Kinzinger confirmed that he made the trades, telling Politico that he wagered on both whether...
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Apr 25, 2026 / Tyler Durden
Malaria Is Still Endemic In 80 Countries
Malaria Is Still Endemic In 80 Countries
Significant progress has been made in the fight against malaria over the last two decades, according to a new report by the World Health Organization (WHO). In 2024, 80 countries (including the territory of French Guiana) remained endemic for the disease, down from 108 in 2000. The number of deaths have also declined since the turn of the century, with the WHO estimating that 610,000 people died from the disease in 2024, compared with 864,000 in 2000.
Recent years have brought further milestones.
Cabo Verde and Egypt were certified as...
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Jul 23, 2026 / Tyler Durden
The Digital Euro's New Chapter
The Digital Euro's New Chapter
Authored by Cláudia Ascensão Nunes via the Foundation for Economic Education (FEE),
For years, the digital euro was presented by the European Central Bank (ECB) merely as a modern and practical alternative to banknotes and coins. It has now been openly acknowledged that the project is intended to respond to the dominance of American payment companies. Visa and Mastercard process 61 percent of card payments in the euro area, according to the ECB’s own data, and it is this dependence that Brussels intends to break.
On June 23, the European...
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