Aramco Attacks An "Act Of War" By Iran: Pompeo After Arriving In Jeddah

Aramco Attacks An “Act Of War” By Iran: Pompeo After Arriving In Jeddah

Aramco Attacks An “Act Of War” By Iran: Pompeo After Arriving In Jeddah What’s the end game here? Secretary of State Mike Pompeo has just arrived in Jeddah for talks with Saudi leaders over a response…

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Chinese UCLA Mom Arrested In Spain; Charged With $400,000 Bribe In Admissions Scandal

Chinese UCLA Mom Arrested In Spain; Charged With $400,000 Bribe In Admissions Scandal

Chinese UCLA Mom Arrested In Spain; Charged With $400,000 Bribe In Admissions Scandal A Chinese woman who allegedly paid $400,000 in bribes to ensure her son was admitted to UCLA as a fake soccer player was arrested…

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This Week's Oil Futures Spike Is About To Hit Consumers At The Gas Pump

This Week’s Oil Futures Spike Is About To Hit Consumers At The Gas Pump

This Week’s Oil Futures Spike Is About To Hit Consumers At The Gas Pump The attack on a Saudi Arabia oil facility, now being blamed on Iran, that caused crude oil futures to spike more than…

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The New Ghost Ships

The New Ghost Ships

The New Ghost Ships Authored by Danielle DiMartino Booth via QuillIntelligence.com, California Mega-Port volumes are negative thus far this year, the longest stretch since the Industrial and Great Recessions; echoing the weakness, Cass Freight Shipment…

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Trump Revokes California's Ability To Set Fuel Emissions Standards

Trump Revokes California’s Ability To Set Fuel Emissions Standards

Trump Revokes California’s Ability To Set Fuel Emissions Standards The Trump administration on Wednesday revoked an Obama-era waiver allowing California to set its own standards for automobile emissions, a move which President Trump claims will…

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More Money Pumping Won't Make Us Richer

More Money Pumping Won’t Make Us Richer

More Money Pumping Won’t Make Us Richer Authored by Frank Shostak via The Mises Institute, Whenever a central bank introduces easy monetary policy, as a rule this leads to an economic boom – or economic…

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Stunning Consensus Emerges: Fed May Announce Launch Of QE In Just A Few Hours

Stunning Consensus Emerges: Fed May Announce Launch Of QE In Just A Few Hours

Stunning Consensus Emerges: Fed May Announce Launch Of QE In Just A Few Hours It was back on August 6, in an article titled “Forget China, The Fed Has A Much Bigger Problem On Its…

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Ilhan Omar Deletes Old Tweet Revealing Her Father Has Same Name As Brother

Ilhan Omar Deletes Old Tweet Revealing Her Father Has Same Name As Brother

Ilhan Omar Deletes Old Tweet Revealing Her Father Has Same Name As Brother Authored by Rusty Weiss via The Mental Recession Representative Ilhan Omar created a whirlwind of controversy when she deleted a tweet from…

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Saudis Reveal 'Evidence' Attacks "Unquestionably Sponsored" By Iran With Drone & Missile Debris

Saudis Reveal ‘Evidence’ Attacks “Unquestionably Sponsored” By Iran With Drone & Missile Debris

Saudis Reveal ‘Evidence’ Attacks “Unquestionably Sponsored” By Iran With Drone & Missile Debris Though it appears President Trump has already signaled that war with Iran has been averted for now, instead opting to kick the can further…

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Oil Algos Confused Despite Bigger Than Expected Crude Build

Oil Algos Confused Despite Bigger Than Expected Crude Build

Oil Algos Confused Despite Bigger Than Expected Crude Build WTI has extended losses overnight following API’s surprise crude build and President Trump appearing to ease off the war rhetoric and Aramco’s words have eased market…

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Russia Detains Over 160 N.Korean Sailors After Attack On Border Patrol Boat

Russia Detains Over 160 N.Korean Sailors After Attack On Border Patrol Boat

Russia Detains Over 160 N.Korean Sailors After Attack On Border Patrol Boat It’s the second major Russia-North Korea incident on the high seas in as many months: on Tuesday a clash between North Korean fishermen…

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German Finance Minister Says Gov't Must Reject Facebook's Libra Coin

German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin

German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin Authored by Joeri Cant via CoinTelegraph.com, German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. image…

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Nomura Exposes The Fed's Imminent "Mega-Shift" - Beware Quad Witch & "Untethered" Markets

Nomura Exposes The Fed’s Imminent “Mega-Shift” – Beware Quad Witch & “Untethered” Markets

Nomura Exposes The Fed’s Imminent “Mega-Shift” – Beware Quad Witch & “Untethered” Markets “This is a big deal,” warns Nomura’s Charlie McElligott – a man not known for hyperbole – as he reflects on the…

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War Averted? Trump Announces New Iran Sanctions Instead

War Averted? Trump Announces New Iran Sanctions Instead

War Averted? Trump Announces New Iran Sanctions Instead It appears oil markets just heard that one – since the early Saturday attacks on Saudi Aramco facilities talk of war has been on the table, especially…

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Trump Nominates Chief Hostage Negotiator To Be Next National Security Advisor

Trump Nominates Chief Hostage Negotiator To Be Next National Security Advisor

Trump Nominates Chief Hostage Negotiator To Be Next National Security Advisor President Trump has named his pick to succeed John Bolton as the next National Security Advisor amid burgeoning tensions with Iran over a weekend…

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Mish Blasts NYT Kavanaugh Smear: "Editorial Mistake My Ass"

Mish Blasts NYT Kavanaugh Smear: “Editorial Mistake My Ass”

Mish Blasts NYT Kavanaugh Smear: “Editorial Mistake My Ass” Authored by Mike Shedlock via MishTalk, As details emerge in the New York Times Kavanaugh scandal, it’s very clear the NYT repeatedly made serious errors Blatant…

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Fed Funds Prints 2.30%, Breaching Target Range, As Libor Replacement Soars To "Remarkable" 5.25%

Fed Funds Prints 2.30%, Breaching Target Range, As Libor Replacement Soars To “Remarkable” 5.25%

Fed Funds Prints 2.30%, Breaching Target Range, As Libor Replacement Soars To “Remarkable” 5.25% If today’s second consecutive repo was supposed to calm the stress in the secured lending market and ease the funding shortfall…

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Housing Starts & Permits Explode Higher In August, Led My Multi-Family

Housing Starts & Permits Explode Higher In August, Led My Multi-Family

Housing Starts & Permits Explode Higher In August, Led My Multi-Family After last months big rebound in permits (and drop in starts) both were expected revert in August. But, instead, they both exploded higher: Housing…

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