"Seeds Of Political Change": Nomura Sees Europe Lurching Right, And Markets Are Fine With It

NATO Jets Shoot Down Drone Over Latvia, Which Blames 'Russian Electromagnetic Warfare' NATO jets have shot down another drone which spilled over into Baltic territory from the Ukraine war, Latvia's defense ministry announced Friday. The fresh incident happened over eastern Latvian airspace on Friday. NATO "fighter jets have successfully shot down a foreign unmanned aerial vehicle that had entered Latvia as a result of Russian electromagnetic warfare," the ministry stated on X.  via AFP "The drone was destroyed over the Balvi region by aircraft taking part in NATO’s Baltic Air patrol mission," CNBC wrote based...

Traders Are Shorting Oil As If The Hormuz Crisis Is Over Authored by Tsvetana Paraskova via OilPrice.com, Oil traders are increasingly betting on lower prices, with short positions in Brent crude tripling since late March despite the loss of roughly 13 million bpd of supply from the Middle East. Physical market fundamentals are tightening rapidly, as global inventories have fallen by about 250 million barrels and key storage hubs like Cushing are approaching critically low levels. Analysts warn the market may be underestimating supply risks, with even a reopening of the Strait of...

Trump Admin Asks Appeals Court To Halt Block On USPS Mail-In Ballot Rule Authored by Aldgra Fredly via The Epoch Times, The Trump administration filed an emergency motion on Aug. 31 seeking a stay of a judge's ruling that blocked the U.S. Postal Service (USPS) from enforcing its requirements to tighten rules around mail-in voting. The motion was filed in the U.S. Court of Appeals for the First Circuit shortly after U.S. District Judge Indira Talwani on Aug. 31 declined to pause her temporary restraining order. That order was issued on Aug....