The ferrous market remains stalled above $100. Signs of stress are mounting. India is the swing producer for seaborne iron ore at these levels, and it is cutting prices. India’s largest iron ore producer, NMDC, had previously reset the prices of the key raw material of steel on August 1 to ₹6,100 for Baila Lump
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The gas cartel wants Albo to stop it. “APLNG’s position on this is, that while we don’t like interventions, we feel like a major intervention is probably needed, which is to establish an export permit system,” Mr Clark [CEO] said. “If you’re going to export, you should also have to contribute to the domestic market
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EU countries are at odds over how to use a proposed loan for Kiev funded by frozen Russian assets, with some pushing to restrict spending to European-made weapons while others want US arms included, Politico reported on Wednesday, citing sources.
Somerset as Stand-In – Funeral Etiquette for Abandoned LadsIn the Unted States at least 25% of homes are without a Father. (Representing 18 Million children.)
In the United Kingdom another 25% of homes are single-parent, and of these 80% lack a Father.
In Germany over 18% of homes with minor children are single-parent, about 86% having no Father.
Macro concerns outweighed earnings on Wall Street and in Europe overnight as concerns over stalemate on US-China trade negotiatiosn plus more Ruzzian sanctions intensified. A surprise drawdown in US oil stocks lifted oil prices while gold is still suffering from its recent correction as it touched the $4000USD per ounce level. Meanwhile the USD was
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DXY has stopped falling and that’s about all we can say about it. AUD is the reverse. CNY same, same. Gold is volatile! Oil jumped on possible new Russia sanctions but it is stuffed. Not so AI metals. RIO is the chosen AI metals king. EM can’t run without DXY gfalling. Junk is stuck. US
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US President Donald Trump is set to support South Carolina Republican Sen. Lindsey Graham* at a fundraiser and golf tournament next month, according to US media reports.
The upcoming November event has already been dubbed the “Trump-Graham Classic.”
When Sanae Takaichi became Japan’s first female prime minister, headlines hailed a “historic moment” – a symbol of progress and national renewal. A conservative firebrand molded in Shinzo Abe’s image, she vowed to “work, work, work” for Japan’s rebirth.
Before the cock crows, I’m happy to admit I was educated in the Roman Catholic tradition under the largely effective tutelage of the Dominican Fathers. Like the Jesuits, the Dominicans placed special emphasis on study, critical thinking and the pursuit of truth. As I slouch into my winter years, I’m still trying to think critically and pursue truth whatever that is and wherever it might take me.
Many Australian journalists think Prime Minister Anthony Albanese and Ambassador Kevin Rudd did a wonderful job this week in handling the corrupt narcissist who runs the United States, Donald Trump.
Of course, forelock tugging to monarchs is an essential in the Australian political leaders’ toolbox (former prime ministers Paul Keating and Gough Whitlam excepted).
The Australian Energy Market Operator’s (AEMO) Integrated System Plan (ISP) is a roadmap for transitioning Australia’s energy system to net zero emissions by 2050. It outlines the necessary investments in generation, storage, and transmission to meet consumer needs and government renewable energy and emissions targets. AEMO’s ISP was built on the fantastical assumption that Australian