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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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May 3, 2026 / Dave DeCamp
Report: US To Close Military Base Meant to Oversee Gaza Ceasefire Deal That Israel Has Constantly Violated
The Trump administration is set to shutter a US-led military base in southern Israel meant to oversee the Gaza ceasefire deal, which Israel has constantly violated, according to a report from Reuters. The Civil-Military Coordination Center (CMCC) was established after the Gaza ceasefire deal was signed in early October 2025, and 200 US troops were […]
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May 18, 2026 / Tyler Durden
BofA's Blanch Joins Goldman In Calling For $90 Brent This Year Amid "Pretty Large Deficit" Fears
BofA's Blanch Joins Goldman In Calling For $90 Brent This Year Amid "Pretty Large Deficit" Fears
Add Bank of America's commodities and derivatives research chief to the growing list of Wall Street strategists who see Brent crude sticking around $90 a barrel this year, as any near-term resolution to the Hormuz chokepoint crisis appears increasingly distant. The call follows Goldman's move several weeks ago to raise its year-end oil outlook to around $90.
BofA analyst Francisco Blanch joined Bloomberg Television's Surveillance earlier and warned, "We have a pretty large deficit that...
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Sep 30, 2026 / Dave DeCamp
Israeli Bombing of Van in Gaza City Kills Six Palestinians
An Israeli strike hit a vehicle in Gaza City’s Tal al-Hawa neighborhood, killing at least six Palestinians, as the IDF continues its constant violations of the US-backed ceasefire deal. According to the Palestinian news agency WAFA, 10 others were wounded in the strike. Photos of the aftermath show the strike destroyed a large van, which […]
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