Paramount Mulling California Exodus Amid Antitrust Scrutiny

Commodity Markets Are Living On Borrowed Time Authored by Helen Thomas via City AM, Governments and industry have softened the impact of energy and commodity supply disruptions by releasing reserves, reducing inventories, and increasing operational flexibility. These measures are temporary, and continued inventory drawdowns are pushing oil and metal markets toward historically tight conditions. Once inventories become critically low, higher prices may become the primary mechanism for balancing supply and demand, leading to weaker economic growth and lower consumption. Commodity markets have spent the past three months performing an extraordinary balancing act. Despite one of...

Fearing Iranian Escalation In Red Sea, Saudis Push Trump To Call Off Hormuz Blockade Wary of Iranian escalation that shuts down Red Sea traffic, the Kingdom of Saudi Arabia is asking the Trump administration to back off from its newly-implemented blockade of Iranian-linked shipping in the Strait of Hormuz, the Wall Street Journal reported on Monday evening. On Sunday, a senior advisor to Iranian Supreme Leader Mojtaba Khamenei warned that Iran has "large, untouched levers" to respond to such a blockade.  Perhaps ominously, Bab el-Mandeb translates to "Gate of Tears" (map via...

Airfares In Israel Skyrocket As Travelers Take Advantage Of Ceasefire, But Foreign Airlines Stay Away The Iran ceasefire has finally allowed Ben Gurion international airport to fully reopen after 40 days of severe war disruptions, and after the 'new normal' for people across Israel was to routinely scramble to find missile shelters. Foreign and international carriers had canceled flights to Israel since the US-Israeli attack started on Feb. 28 - and amid the de facto shutdown in commercial air traffic across the whole region. But Israeli media says that now two...