The Cost Of The Grain That Feeds Half The World Just Posted Biggest Monthly Surge Since 2008 Asian rice prices logged their biggest monthly gain in nearly two decades in May, as a Gulf energy shock collides with an expected El Niño event later this year. The spike adds to the mounting risks of a broader food price shock that could emerge as soon as six months from now. Any time rice prices spike, it is a major concern because the […]

Potential Offshore Strike In Norway Could Add Fresh Uncertainty To Global Energy Markets As Wage Talks Collapse By Michael Kern of OilPrice.com A potential strike over wages could threaten smooth operations offshore Norway, Western Europe’s top oil and gas producer, at a time when the world is scrambling for oil and gas supply amid the Middle East crisis. Almost 8% of oil and gas workers offshore Norway could go on a strike from […]

How Contagious Is Ebola? More than 200 people are suspected to have died in Ebola outbreaks in the Democratic Republic of the Congo and Uganda, according to the latest figures published by the Centers for Disease Control and Prevention on May 29. The vast majority of these are in the DRC. With no vaccine available for this strain, the World Health Organization declared a public health emergency of international concern on May […]

Britain’s Nuclear Renaissance Faces Mounting Cost Pressures Authored by Felicity Bradstock via OilPrice.com, Sizewell C and Hinkley Point C are expected to play a major role in expanding Britain’s nuclear generation capacity and reducing dependence on fossil fuels. Both projects have faced concerns over delays and rising costs, with Hinkley Point C’s estimated price nearly doubling from its original forecast. The […]

London Bans Israel Critics Hassan Piker, Cenk Uyghur From Entering UK Via The Cradle Pro-Palestine streamer and commentator Hassan Piker was banned from visiting the UK by the British Home Office, ahead of his planned meeting with former Labour Party chief Jeremy Corbyn. Piker was also due to meet with Green Party leader Zack Polanski. “The UK has revoked my visa as well. All at the behest of Israel. The west is betraying […]

Iran Has Dug Out More Missile Tunnels Than Previously Thought: Satellite Analysis During the current but tenuous ceasefire, Iran has successfully managed to excavate multiple key sites tied to its missile program that were previously bombarded by the American-Israeli warplanes during the initial five weeks of Operation Epic Fury. While the revelation is not exactly new, a fresh CNN report has confirmed through recent satellite […]

A Three-Part Story: These Were The Best And Worst Performing Assets In February The Middle East continued to dominate market attention in May, as constant, daily, recurring hopes and media leaks and trial balloons for some kind of US-Iran deal meant that Brent crude oil fell -19.3%, marking its biggest monthly decline since March 2020 as the pandemic lockdowns began. Those hopes for an end to the conflict meant that fears about […]

Florida Becomes First State To Sue “Unsafe” OpenAI And Sam Altman Over AI Harms OpenAI no longer has to worry about being last in the AI IPO race and lagging ARRs when compared to Anthropic, not to mention a potential Supreme Court showdown against Elon Musk (pending appeal). Earlier today, Florida became the first state to file a lawsuit against OpenAI and its chief executive, Sam Altman, launching a new broadside in a growing […]

L.A.’s Choice: More Dysfunction Or Spencer Pratt? Authored by Victoria Taft via PJ Media, Spencer Pratt has a “shot” to win the Los Angeles mayor’s race, according to the latest polling. The first thing Angelenos need to begin the biggest turnaround in L.A. history, however, is to admit the city has a problem: self-imposed dysfunction. Then they need to vote for someone who didn’t relish in causing it. The choice going into […]

Jill Biden’s Memoir Tour Is Getting Trashed From The Left Jill Biden has launched a book tour for her new memoir, View from the East Wing, in what appears to be an effort to salvage her husband’s political legacy after his 2024 campaign collapsed following his disastrous debate with President Trump. Instead, she’s reopening a wound Democrats spent two years trying to let heal. Now, former aides, party operatives, and even […]

Trump Reportedly Ripped Netanyahu In Phone Call, Demanded Lebanon Truce: ‘You’re F**king Crazy, I’m Saving Your Ass’ Summary Axios reports angry call between Trump and Netanyahu; Trump is said to have told Netanyahu “you’re fucking crazy’” while demanding Lebanon truce: “I’m saving your ass,” Trump has announced the “shooting will stop” in Lebanon, after phone calls with both sides. Says Iran talks back on “at rapid pace”; […]

BP Sells 5% Stake In Australia’s Newest $35 Billion LNG Project By Tsvetana Paraskova of OilPrice.com BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside is looking to progress, the UK-based supermajor told Reuters on Monday. BP is selling the 5% stake, out of its total of its 44% interest, to South Korea’s GS Energy. “The dilution reflects BP’s disciplined approach to […]

How U.S. Retailers Are Absorbing The Fuel-Price Shock We have diligently tracked the Gulf-related fuel-price shock hitting the American consumer, with prices rising at the fastest rate in three years, personal savings depleted, and spending still running hot, a trend Goldman flags as increasingly troubling for the broader economy. This cocktail has revived uncomfortable memories of the 1970s: higher energy costs, squeezed […]

Mystery Deepens: Remains Of Missing Los Alamos Nuclear Lab Employee Discovered In Forest Authored by Steve Watson via Modernity, The body of Melissa Casias has been found in a remote area of New Mexico’s Carson National Forest, almost 11 months after the Los Alamos National Laboratory employee walked out of her home and vanished. This discovery marks another chapter in the disturbing wave of deaths and disappearances involving […]

Indian Refiners Freeze Domestic Jet Fuel Prices Indian refiners have frozen the price of jet fuel for domestic flights after airlines asked for a respite from fuel price hikes, Bloomberg has reported, adding that in April, jet fuel prices jumped by 8.6% in response to tighter supply. In an additional concession to airlines, Indian fuel makers also reduced the price of jet fuel for international flights, the report also said, citing […]

Ron Paul: The Federal Reserve Is Why The People Are Unhappy Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, According to the University of Michigan’s latest Index of Consumer Sentiment, a record number of Americans have negative views of the economy. This is yet more evidence that the American people are dissatisfied with their economic condition. Some commentators have claimed to be perplexed by the […]

Alphabet Raising $80BN In Equity To Fund Capex, Including $40BN ATM Offering And $10BN Deeply Discounted Deal With Berkshire As we have discussed ad nauseam in the past years, perhaps the biggest mystery surrounding the entire AI supercycle, is where will the hyperscalers find the funds to pay for the trillions in projected capital spending now that most of their Free Cash Flow is flat or negative (with the exception of Microsoft). […]

“Debug”: Google Seeks Federal Approval To Release Millions Of Mosquitoes In California, Florida Authored by Jacob Burg via The Epoch Times, Google is seeking federal approval for a new program called “Debug” that would release up to 32 million mosquitoes in California and Florida to combat disease-carrying mosquitoes already found in the wild. A laboratory technician holds a mosquito at the World Mosquito Program factory in […]

GoPro Warns It May Not Survive As AI Memory Crunch Bites GoPro shares have been under pressure since last fall, when memory prices began to soar as AI data center buildouts tightened global supply and diverted capacity away from consumer electronics. On Monday, GoPro filed an 8-K with the SEC, warning of “substantial doubt” about its ability to continue as a going concern and stating that it expects to file an update to its […]

California Legislators Shriek: ‘Stop Nick Shirley!’ Authored by Mike McDaniel via AmericanThinker.com, Without the second Trump Administration, we would surely not have discovered, and most importantly, acted upon, the fraud being committed around the country, most notably in blue states like Minnesota and California. So much has been discovered so rapidly, President Trump appointed Vice President Vance to head an anti-fraud task […]

Massachusetts Sues UnitedHealthcare Over Alleged $100 Million Fraud Authored by Sylvia Xu via The Epoch Times, Massachusetts sued UnitedHealthcare on May 29, alleging the company defrauded the state’s Medicaid program by making seniors appear sicker than they were to secure higher payments. The company contracted with MassHealth to provide a Senior Care Options—which combines Medicare and Medicaid benefits into one […]

The Latest Graham Platner Scandal Could Be His Undoing Graham Platner built his Senate campaign on a carefully curated image: the decorated veteran, the Maine oyster farmer, the working-class progressive who talks straight and fights for the little guy. Despite a slew of scandals, including a Nazi-linked tattoo and many extremely problematic Reddit posts, Maine Democrats handed him the keys to one of their most coveted 2026 […]

‘The Mad & The Free’: Can American Society Debate Its Way Out Of Psychosis? Authored by James Howard Kunstler, Psychodrama “A sane society cannot debate its way out of psychosis. It must diagnose the patient with lethal precision and restore the ancient boundary between the mad and the free.” – LHGrey on X When you watch video of the shenanigans at the Delaney Hall ICE building in Newark, NJ, you must suspect you’re […]

May Auto Demand “Stronger Than Expectations”, Deutsche Says In a preview of May U.S. auto sales, Deutsche Bank analyst Edison Yu and his team said industry demand appears to be holding up better than expected. They estimate the seasonally adjusted annual selling rate (SAAR) reached 15.9 million units during the month, modestly above last year’s pace of roughly 15.7 million. While total vehicle sales are projected to be slightly […]

10 Examples That Show That The Chaos & Lawlessness In The Streets Of America Is Totally Out Of Control Authored by Michael Snyder via TheMostImportantNews.com, We aren’t supposed to talk about the social decay that is running rampant all around us. Instead, we are supposed to just shut our mouths and pretend that everything is just fine. But that isn’t the truth. Homelessness is the worst that it has ever been, more […]