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Food Supply Alert: Ukraine Grain Exports Collapse As Black Sea Attacks Choke Global Shipments
Food Supply Alert: Ukraine Grain Exports Collapse As Black Sea Attacks Choke Global Shipments
Upward momentum in agricultural prices, as tracked by the Bloomberg Agriculture Spot Index, should be ringing inflationary alarm bells. The breakout comes just one week after JPMorgan analyst Nora Szentivanyi warned that the next global food crisis could materialize as early as next year.
Multiple shocks are converging all at once across the global food complex, including continued disruptions in the Strait of Hormuz, rising El Niño risks, and adverse weather across the US agricultural belt.
This...
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Aug 9, 2026 / Dave DeCamp
US Bombs Somalia for 78th Time This Year
The US launched an airstrike in Somalia on August 7, according to a press release from US Africa Command, as the Trump administration continues its record-shattering bombing campaign in the country. AFRICOM said in a press release that the strike targeted al-Shabaab near Jilib, a village in southern Somalia that’s about 200 miles southwest of […]
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Aug 25, 2026 / Tyler Durden
"All Accurate": Musk Confirms Massive New Starship Rocket Base In Louisiana
"All Accurate": Musk Confirms Massive New Starship Rocket Base In Louisiana
Our report from several weeks ago, titled "SpaceX In 'Final Stages' Of Securing Massive New Rocket Launch Site In Louisiana," was confirmed Tuesday afternoon by Elon Musk and his rocket company.
"Starbase, Louisiana, will be built to support thousands of Starship flights a year, with missions launching to Earth orbit, the Moon, Mars, and beyond," SpaceX wrote on X.
Starbase, Louisiana will be built to support thousands of Starship flights a year with missions launching to Earth orbit, the Moon,...
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Sep 8, 2026 / Tyler Durden
Futures Fall As Inflation Fears Mount With Oil Set To Top $100
Futures Fall As Inflation Fears Mount With Oil Set To Top $100
US futures fell as Brent crude approached $100 a barrel, chasing Shanghai crude which is now trading above $102, reinforcing expectations that central banks will have to raise interest rates to contain inflation while a key CPI print looms on Friday. As of 8:15am, S&P 500 futures were 0.3% lower while Nasdaq futures were fractionally negative after reversing an earlier rise. In premarket trading, Mag 7 stocks are mostly lower:
Stocks in Europe and Asia were also weaker. Brent traded around...
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