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The Copper Chart Causing Alarm
The Copper Chart Causing Alarm
Copper futures in London continue to move higher, once again approaching record highs, as US buyers purchase record volumes from the seaborne market, with imports reaching 200,000 tons in July. A phased US tariff would keep that buying in motion for longer, further tightening the ex-US market and limiting any near-term price correction in London trading.
Rafael Barcellos, head of Latin American Metals & Mining and Pulp & Paper Equity Research at Bradesco BBI, wrote in a note last week that global mine supply is deteriorating....
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Jul 26, 2026 / Tyler Durden
Machete-Wielding Islamic Terrorist Killed By Cops After Deadly Berlin Pride Attack
Machete-Wielding Islamic Terrorist Killed By Cops After Deadly Berlin Pride Attack
Update (1400ET): The machete-wielding Islamic extremist who drove into a crowd at Berlin’s Pride festival has been shot dead by police.
Abdul Ballout, 21, crashed into partygoers near the Christopher Street Day Parade on Saturday night, killing one person and wounding 29 others.
As The Telegraph reports, the German citizen, who had Lebanese roots and a previous conviction for terror offences, was the subject of a manhunt for more than 20 hours until officers tracked him down to a garden shed in...
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Mar 30, 2026 / Tyler Durden
China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition
China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition
BYD is entering a tougher phase after releasing weaker-than-expected financial results and signaling growing pressure in China’s electric vehicle market, according to Bloomberg. Chairman Wang Chuanfu described the current environment as having “reached a fever pitch, and is undergoing a brutal ‘knockout stage.’”
The company’s stock fell at the opening of trading in Hong Kong, reflecting investor concerns. Its latest quarterly results showed a sharp drop in profitability, with earnings and revenue both missing forecasts. This downturn followed a...
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Mar 1, 2026 / Tyler Durden
Germany To Scrap Subsidy For Rooftop Solar
Germany To Scrap Subsidy For Rooftop Solar
Germany is planning to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies (narrator: "it isn't"), Bloomberg reported on Friday, citing a draft proposal for reforms it has seen.
At present, rooftop solar installations of any kind are eligible for guaranteed tariffs. But this could change in a few months, if the government approves the proposal of the German economy ministry to have subsidies abolished for projects of less...
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