Chinese Refiners Pay Record Premiums For Russian ESPO Crude

Slouching Toward Peace With Washington In Good-Cop/Bad-Cop Mode Authored by James Howard Kunstler, ". . .They are running the Accords logic to its conclusion: every adversary becomes a counterparty, every conflict becomes a deal, every closed economy becomes an investable market." - Patrick Wood That squawking you hear is Iran getting dragged kicking and screaming out of its jihad delirium into something that might look like reality-based relations with the rest of the world. They have to loudly declare that it’s not happening, even as it’s happening, to gaslight their own home...

Axios reports speaking with American officials who claimed that Iranian and US negotiators had reached a framework for an agreement to end the war, and that the signing of the document was awaiting President Donald Trump’s final approval.  The officials explained that the memorandum of understanding (MOU) would extend the ceasefire for 60 days and […]

Older Britons Are Working Longer As Youth Unemployment Rises Britain has a strange labor problem: the people who have spent decades working increasingly aren’t leaving, while the people trying to begin their careers increasingly can’t get in, according to Bloomberg. More than 1.7 million people over 65 are now employed in the UK, the highest level on record. Meanwhile, youth unemployment is hovering near a decade-plus high, and nearly one million people between 16 and 24 are neither employed nor in school. The demographic shift is dramatic. About two decades ago, there...