Pentagon Grabs 35% Equity Stake In Venezuelan Oil As Trump Vows To "Fill Up" The SPR

The COVID Playbook Returns: Energy Rationing & The Politics Of Crisis Control Authored by Chris MacIntosh via Doug Casey's International Man, This recent headline from New Zealand should itself send chills down your spine… “Government reveals details of fuel crisis rationing plan – and who will be prioritized.” Anytime the pointy shoes get to decide who will and who will not get something, you must realise that you’re about to get royally screwed. The uncomfortable parallels between the Convid response and the proposed fuel rationing plan cannot be ignored. On the surface, the Fuel Response...

Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa Cocoa futures in New York have doubled since the start of March and have now climbed back toward levels not seen since late 2025, around $6,000 a ton, as Jefferies analysts warn that a "perfect storm's a-brewing" across West Africa, the world's top cocoa-farming region. Jefferies analyst Scott Marks wrote in a note on Tuesday that new weather concerns center on Ivory Coast and Ghana, the world's top cocoa-growing regions. He said that temperatures in both countries have been about...

ADP Employment Report Signals Biggest Job Additions In 15 Months In April With non-farm payrolls looming, we get another glimpse at the labor market today from the ADP Employment Report which shows the US economy added 109k jobs in April (a slight disappointment relative to +120k exp). That is the tenth straight month of job additions and strongest monthly addition since January 2025... Source: Bloomberg Under the hood, Goods-producing jobs rose 15,000 while Service-providing jobs rose 94,000. "Small and large employers are hiring, but we're seeing softness in the middle," said Dr. Nela Richardson Chief Economist,...