Oil Falls Further As US Prepares Return Of Diplomats To Mideast Embassies

Ukrainian President Volodymyr Zelensky said he wanted to meet with President Vladimir Putin if the Russian leader attends the Group of 20 (G20) summit in Miami in December.  Zelensky was asked in an interview with DW about meeting with Putin during the G20 summit. “Yes, of course. We have to come. We have to meet, […]

White House Working On NATO 'Naughty & Nice' List Based On Iran War Support US officials are drafting what diplomats provocatively describe as a "naughty and nice" list ranking NATO allies based on their support for the US-Israeli war against Iran. Fresh reporting in Politico describes the proposal, developed ahead of NATO chief Mark Rutte's visit to Washington this month, as placing member states into tiers while outlining consequences for those refusing to participate in military operations against Iran, according to European diplomats and a US defense official familiar with the discussions. Source:...

Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs Refinancing activity in the U.S. housing market plummeted last week as mortgage rates hit their highest level in nine months, new industry data released on May 27 show. Refinancing decreased by 18 percent for the week ending May 22 and is up by 19 percent from the same time a year ago, according to the Mortgage Bankers Association. “Many borrowers understandably backed away from refinancing last week,” Joel Kan, the firm’s vice president and deputy chief economist, said in a statement. The decline...