UAE Leaves OPEC and OPEC+ in Huge Blow to the Cartel. What's That Mean?
• https://mishtalk.com, By MishThe UAE decides that its best interests are leaving the group. Let's discuss the implications.
Contents Pages by Subject
Economy - International
UAE to exit Opec, Opec+ in strategic shift to boost output flexibility
• https://www.firstpost.com, FP Business DeskThe United Arab Emirates has announced it will withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance effective May 1, marking a significant shift in global oil geopolitics and potentially weakening the cart
Jar Farming for Dummies
• https://www.activistpost.com, MN GordonDeadlock and Attrition
Reports: Petrodollar Collapsing, Portending Global Reserve Currency Shift to Chinese Yuan
• https://thenewamerican.com, by R. Cort KirkwoodThe United States is facing the collapse of the petrodollar that has propped up the American economy for the last half-century.
Trump's SWIFT Hint And The Decline Of The Euro
• https://www.zerohedge.com, by Thomas KolbeIn a post on Truth Social, US President Donald Trump indicates the imminent return of Russia to the SWIFT payment system. It would mark the end of sanctions against Russia. But the Prussians are not shooting that fast anymore.
Global Inflation Scare: Chinese Exporters Hike Prices As Iran War Triggers Ethane Shortage...
• https://www.zerohedge.com, by Tyler DurdenGlobal Inflation Scare: Chinese Exporters Hike Prices As Iran War Triggers Ethane Shortage, Plastics Crunch
From Gaza To BRICS: The Revolt Against The Dollar Order
• https://www.zerohedge.com, by Freddie PontonWashington spent decades marketing the dollar as the natural language of world trade, a neutral vessel carrying commerce across borders.
Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies
• Associated PressThe German company that owns Lufthansa Airlines and other European carriers said Tuesday that it would cut 20,000 short-haul flights through October as the Iran war drives up oil prices and deepens worries that some countries may run low on jet fuel.
Tit-For-Tat Assaults On Shipping Widen: US Intercepts 3 More 'Illicit' Tankers In Asian Wate
• https://www.zerohedge.com, by Tyler DurdenTit-For-Tat Assaults On Shipping Widen: US Intercepts 3 More 'Illicit' Tankers In Asian Waters, Iran Seizes Additional 2 In Hormuz
The Global Economy Is Closer to Collapse Than Anyone Wants To Admit
• https://www.lewrockwell.com, By Brandon CampbellWhen disruptions strike the deepest layers of the global economy, their consequences do not arrive with spectacle but with delay.
Petroyuan will mature in bursts of crisis
• https://asiatimes.com, by Nigel GreenEach US-caused crisis leaves residue as more firms, banks and traders become comfortable transacting and holding balances in yuan
China "Aggressively" Selling Oil In Recent Weeks
• https://www.zerohedge.com, by Tyler DurdenWe knew there was a reason why China had accumulated a cool 1.5 billion barrels in its strategic petroleum reserve: the reason, to become the world's strategist petroleum reserve when the time arises... for a price of course.
The Middle Corridor Emerges As A Strategic Lifeline For Global Trade
• https://www.zerohedge.com, Via RFE/RLWhile diplomatic efforts struggle to stabilize access to the Strait of Hormuz amid tensions between the United States and Iran, Eurasian trade is increasingly being redirected toward overland alternatives, with the Trans-Caspian Transport Route, also
Robert Kiyosaki: "You Will Be Homeless"
• https://www.zerohedge.com, by ITM TradingVietnam vets were spat on. Today, boomers are being set up for the same betrayal--just with rotisserie 401(k)s instead of rotten eggs.
"We're On Borrowed Time": Vitol LNG Chief Warns Of Coming Food Price Shock
• https://www.zerohedge.com, by Tyler DurdenPablo Galante Escobar, the head of liquefied natural gas (LNG) at Vitol, warned the audience at the FT Commodities Summit earlier today that the "world is on borrowed time" and that the Gulf energy shock will develop into a food crisis unless LNG flo
Japan's Takaichi chooses guns over butter -- at her peril
• https://asiatimes.com, by William PesekTakaichi increasingly focused on constitutional reform and remilitarization, neither of which will fix Japan's many economic ills
Markets Prematurely May Celebrate, But the Next Phase Likely Will be More, Bigger War
• Ron Paul Institute - Alastair CrookeWe are entering upon a new stage to this war on Iran. It may not be what many expect (especially in financial markets).
TRUTH ABOUT WHO SOAKS UP TREASURY ISSUANCE
• https://www.linkedin.com, Brian ByrneWOLF STREET posted insights about who bought US treasuries in February. Everyone asks why 10Y yields did not soar to compensate risk. In the face of tepid (or even failed) T auctions. This is where the "private" (PFI) gang come in.
US Delegation Presses Cuba to Transition to Market Economy – Report
• https://www.infowars.com, by RTUS officials have urged Cuba to transition from socialism to a market-based economy and compensate American citizens and corporations whose assets were seized in the 1960s, US news outlets reported on Friday and Saturday, citing sources familiar with
Global Aluminum Market Faces Severe Crisis Due to War, Tariffs, and Stock Shortages
• https://www.naturalnews.com, Garrison VanceAluminum Market in Crisis Following Gulf Conflict and Supply Disruptions The global aluminum market is facing an unprecedented crisis triggered by conflict in the Persian Gulf and compounded by structural supply shortages, according to analysts and
Strait of Hormuz, the Dollar, and the Coming Energy Crisis
• https://www.lewrockwell.com, By Doug CaseyInternational Man: Iran is already turning the Strait of Hormuz into a geopolitical toll booth--restricting traffic, charging transit fees, and shutting out the US and its allies. If this continues, what happens to oil, trade, and the global economy
Critical Metals Shares Surge 40% After Expanding Rare Earth Mining Position In Greenland
• https://www.zerohedge.com, by Tyler DurdenCritical Metals Corp. shares have surged as much as 45% in trading today after the company significantly expanded its position in Greenland's Tanbreez rare earth project, tightening its grip on a resource it sees as central to a US-friendly supply
Iran Announces the Strait Is Fully Open, Oil Prices Plunge, Stocks Soar
• https://mishtalk.com, By MishIt appears we are finally on the verge of a deal. Terms still unknown.
Iran opens Hormuz for commercial ships, but US continues blockade until final deal
• https://www.firstpost.com, FP News DeskIran on Friday said the Strait of Hormuz has been opened to all commercial vessels for the remaining duration of the ceasefire, stating that the move is in line with the Israel-Lebanon ceasefire agreement.
The funding engine of the entire global financial system is breaking.
• https://www.linkedin.com, Tuli (Nate) UrbachJapan's bond yields just hit all time highs across every single maturity.
Hong Kong banks dependent on SWIFT are warned of new US sanctions
• https://asiatimes.com, by Jeff PaoAs Trump tries to strangle Iran's oil trade payments, Beijing's bag of counter-moves includes enforcing ban on extraterritorial jurisdiction
The Market Is Lying to You
• Doug Casey's Crisis InvestingOil Is Over $100. The Strait Is Closed. The U.S. Just Blockaded Iran. And the S&P 500 Is Back to Where It Started.
The Global Monetary Reset Has Begun (Hint: Act Now!)
• Felix & Friends (Goat Academy)Join Felix as he explores the realities of the trading industry, sharing his personal experience with a million-dollar experiment.
Milton Friedman on the Phil Donahue Show in 1979: Part 2
• https://www.youtube.com, EdChoiceDr. Milton Friedman, Nobel Laureate, promoting "Free to Choose" on the Phil Donahue Show in 1979. This is where the famous "Greed" clip comes from.
Foggy, Foggy War
• https://www.zerohedge.com, By Michael EveryWith US stocks up, the Nasdaq with its longest winning streak since 2021, and screen oil down for a second day in a row, markets continue to price the starkly binary physical outcomes smack in front of us on the side that's full of stardust.
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