Markets Now Face Two Wars And Two Economic Wars

Is Trump 2.0's 'Escalation' Strategy Against Russia Starting To Take Shape? Authored by Andrew Korybko, The US is preparing to radically intensify the Ukrainian Conflict over the coming year... Trump’s decision to sign the “G7 leaders’ joint statement on geopolitical issues” calling for more arms to Ukraine and sanctions on Russia signaled that he’ll now “escalate to de-escalate” (E2DE) through a “war of attrition” waged by Ukraine. The EU will back this campaign to the hilt and Trump 2.0 will seek to obtain control over Russia’s natural resources companies as its top goal via...

Nearly 2,500 Pounds Of Cocaine, 105 Pounds Of Marijuana Seized In Joint Operation By US Forces Authored by Naveen Athrappully via The Epoch Times (emphasis ours), U.S. forces seized around 2,500 pounds of cocaine and 105 pounds of marijuana in two separate maritime operations involving foreign nations. In one operation, the Joint Interagency Task Force (JIATF) South and the Drug Enforcement Administration identified a drug runner from Colombia transporting narcotics. Forces from the Dominican Republic interdicted the vessel, while USS Billing secured the jettisoned cargo, JIATF South said in a May 12...

Vegetable-Oil Inflation Sends World Food Prices Higher The benchmark for global food commodity prices rose for a third consecutive month in April, hitting its highest level since early 2023, as Middle East supply disruptions, elevated energy costs, and tightening supplies of certain agricultural products appear to be driving the next leg higher in global food prices. This is a major risk we have warned about throughout the U.S.-Iran war, as energy and supply chain disruptions spread quickly through fertilizer, diesel, freight, biofuels, grains, and vegetable oils. We even treated readers to...