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Policymakers Get A Pep Talk By Bas van Geffen, CFA, Senior Macro Strategist at Rabobank Yesterday evening, President Lagarde opened the ECB’s annual policymaking conference. Unsurprisingly, the this year’s theme revolves around…

Job Openings Unexpectedly Surge, Driven Entirely By Government Jobs After two months of sharp declines in the number of job openings, moments ago Biden’s highly politicized Department of Labor reported that in…

During a surprise trip to Kiev, the Hungarian prime minister argued that a truce would “speed up” peace negotiations Hungarian Prime Minister Viktor Orban has urged Ukraine’s Vladimir Zelensky to halt military…

Preparations for an official trip to Russia by the Indian leader are in their final stages, according to spokesman Dmitry Peskov Preparations for an official visit to Russia by Indian Prime Minister…

Five athletes have declined invitations to compete as neutrals, according to the International Olympic Committee Several Russian tennis players will not compete at this year’s Summer Olympics in Paris despite receiving invitations,…

WTI Trades At Multi-Month High On Middle East, Hurricane Concerns   Hurricane Beryl strengthened overnight to a powerful Category 5 storm as it churned in the Caribbean Sea. The Cat. 5 storm is the earliest on…

If The High Cost Of Groceries Makes You Feel Sick, You Are Not Alone Authored by Michael Snyder via The Economic Collapse blog, If you are really struggling with the high cost…

IDF To Re-Invade Khan Younis, Issues New Evacuation Orders The Israeli army issued a new order for Palestinians to evacuate from the eastern portion of the southern Gaza Strip city of Khan…

Greece is trying to tackle shrinking productivity amid an exodus of skilled workers  The Greek government has allowed more businesses to impose a six-day working week on their employees in a bid…

SEBEX 2 can be used in artillery shells, aerial bombs, and conventional warheads A private company in India has developed a new explosive that is more than twice as powerful as standard…

Italy’s UniCredit has asked the bloc’s top court to review the ECB’s request UniCredit has appealed to the EU’s top court to clarify an order issued by the European Central Bank (ECB)…

TSLA Shares Soar After Better-Than-Expected Q2 Deliveries Despite the downbeat talk about the EV market globally, Tesla found a way to surprise investors with better than expected deliveries data for Q2 The…

William Ruto declined to sign the 2024 Finance Bill last week after several protesters were killed in clashes Kenyan President William Ruto says his government will need to borrow more to make…

The Vast Majority Of Professional Investors Own Some Gold Authored by Mike Maharrey via Money Metals Exchange, Despite the generally negative attitude toward gold you hear in the mainstream financial media, the…

Hundreds of civilians, mainly fishermen, have been arrested by New Delhi and Islamabad for crossing the maritime border India and Pakistan on Monday exchanged lists of civilian prisoners and fishermen who are…

The situation along the country’s borders with NATO and Ukraine is “very serious,” Alexander Lukashenko has warned Western countries “can’t wait” to drag Belarus into their “military squabbles,” Belarusian President Alexander Lukashenko…

US Futures Slide As European Relief Rally Reverses, Oil Hits 2 Month High US equity futures are sliding, reversing all of Monday’s gains and then some, with tech and small-caps stocks underperforming…

The Russian military also intercepted several Western-made missiles and scores of drones, the defense ministry has reported The Russian military has destroyed nine fighter jets operated by the Ukrainian Air Force in…

Aydos Sadykov has passed away in the Ukrainian capital after spending nearly two weeks in a coma following an assassination attempt Kazakh opposition figure and blogger Aydos Sadykov has passed away in…

Zambia’s central bank has introduced a ban on foreign currency in domestic transactions The Bank of Zambia has drafted new rules aimed at curbing the use of foreign currencies in local transactions,…

While the environment was never previously a priority in ties, today Moscow and New Delhi are focused on developing innovations for emerging markets India was one of the early and unwavering promoters…

Trump Organization Announces New Tower In Saudi Arabia Authored by Jack Phillips via The Epoch Times, The Trump Organization confirmed it will construct a new Trump Tower in Saudi Arabia, according to…

Britain would be barely able to defend itself, let alone mount a foreign campaign, a former official has warned Britain’s military is in such a bad state that it may not be…

US, Mexican Truckers Unite To Protest Low Wages, Poor Working Conditions By Noi Mahoney of FreightWaves A cross-border trucker-led convoy will be rolling through parts of West Texas on Monday to spotlight…

The comment came after the Republican presidential frontrunner was granted immunity by a US Supreme Court ruling BBC presenter David Aaronovitch has called for the “murder” of former US President Donald Trump…

However, Tehran is “not interested” in expanding the Middle East conflict, an adviser to Ayatollah Ali Khamenei says Iran will throw all of its military power behind Hezbollah if Israel launches a…

The Turkish foreign ministry has initiated negotiations between Somalia and Ethiopia to resolve a port deal conflict Somalia and Ethiopia have agreed a peaceful resolution to diplomatic tensions that arose when Addis…

The exhumed remains could reportedly be reburied without identification Estonia has started removing gravestones at the tombs of Soviet soldiers at the Tehumardi cemetery on the island of Saarema, the state-run broadcaster…

European Youth Have Had Enough Of Brussels’ Politics Authored by Denes Albert via rmx.news, In Germany, France, and even Belgium, the EU election results have created internal political crises. In some countries, new…

Where Do People (Dis)Trust News Media The Most? The rise of mis- and disinformation on social media and an increasing perception of bias in the reporting of legacy media outlets has led to trust…

The president of the South American nation has agreed to Washington’s proposal to re-start negotiations Venezuelan President Nicolas Maduro has pledged to resume talks with the United States, which reimposed sanctions on…

The new government will update MPs confidentially as the move progresses, Kajsa Ollongren has said The caretaker Dutch government had finalized preparations for the expected transfer of F-16 fighter jets to Ukraine…

The launch sought to verify flight characteristics of a new type of projectile with a 4.5-ton payload, KCNA has said North Korea has tested a ballistic missile carrying a heavy warhead, the…

Analyzing The Alleged J6-Like Plot That Was Just Foiled In Kiev Authored by Andrew Korybko via substack, The Ukrainian Prosecutor General revealed on Monday that the SBU foiled an alleged J6-like plot to seize…

You’ll Never Guess Which Nation Has The Most ‘Feminists’… If you think feminism is a firmly established and respected concept globally, think again. In a recent survey by Ipsos, only 39 percent…

Ballistic missiles apparently carrying cluster munitions were used in the barrage, according to footage A Russian missile strike has destroyed five Ukrainian military jets and damaged two more, the Defense Ministry in…

Do not let it go unnoticed that foreign leaders are watching the USA President give a national address shouting about a need to “save democracy” while simultaneously trying to jail his political…

Hungary’s Orbán Announces New ‘Patriots For Europe’ Alliance With Austrian & Czech Nationalists Authored by Dénes Albert via rmx.news, Austria’s Freedom Party (FPÖ), Czechia’s ANO, and Hungary’s Fidesz have formed a new right-wing…

The remnant DNA from Jake Tapper’s White House correspondent job at ABC, seemingly had an unexpected synaptic firing last night before shutting down forever.  It was, essentially, the last wisp of Tapper’s…

The Long Sordid Career Of Creepy Joe Biden Authored by Donald Jeffries via substack, I get complaints from people that I concentrate too much on Donald Trump. Basically, the message is, “But…

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post…

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And…

These Were The Best And Worst Performing Assets Of June, Q2 And The First Half Today was the start of the second half of the year, and Deutsche Bank’s thematic research team…

Even Nigeria Plans To Bring Gold Reserves Home To Minimize Risk Authored by Mike Maharrey via Money Metals Exchange, Nigeria is bringing its gold reserves home to keep it safe. According to a…

Cruise Ship Stocks Slide As Powerful Hurricane Beryl Churns In Caribbean Shares of Carnival Corp, Royal Caribbean, and Norwegian Cruise Line fell in New York on Monday after reports of a record-breaking hurricane sweeping…

Federal Government To Pause Student Loan Payments, Interest For 3 Million Borrowers Authored by Bill Pan via The Epoch Times, In response to court rulings blocking key elements of the federal government’s…

Tennessee Law Allowing Death Penalty For Pedophiles Goes Into Effect – Only Democrats Oppose It Tennessee has joined states like Florida, Arizona, Idaho, Oklahoma and South Carolina in making the death penalty…

China Stops Reporting Renewable Energy Utilization Data By Tsvetana Paraskova of OilPrice.com China didn’t include figures on utilization rates at power plants by source in its May monthly data series, following the…

House Republicans Sue Garland For Tapes Of Hur Interview With Biden Authored by Jackson Richman via The Epoch Times, House Republicans filed a lawsuit on July 1 against Attorney General Merrick Garland,…

West Jerusalem’s potential transfer of Patriots could backfire, Moscow’s ambassador to the UN has said Israel must be ready to face certain consequences, should it move forward with the alleged plan to…

The US leader has accused the Supreme Court of setting a “dangerous precedent” President Joe Biden has attacked the Supreme Court, urging American citizens to “dissent” against its ruling that American presidents…

The Modern Myth Of “Wage Slavery” Via SchiffGold.com, The idea of ‘wage slavery’ unfairly compares today’s suffering job market to historical chattel slavery, using outdated 19th-century arguments to criticize modern work. This oversimplification overlooks…

These Are The Countries Sending The Most Remittances Abroad Visual Capitalist’s Pallavi Rao charts the top 10 countries by the most remittances sent, in current U.S. dollars, based on 2022 data from Knomad….

US Energy Production Chalks Up Another Record Authored by Alex Kimani via OilPrice.com, EIA: U.S. Energy production rose 4% to nearly 103 quadrillion British thermal units (quads) in 2023. Dry natural gas…

The Democratic Party is reportedly seeking to “further coalesce” around their candidate after his poor debate performance The Democratic National Committee could formally nominate Joe Biden as their presidential candidate as early…

Americans Set To Travel In Record Numbers For July 4th Fourth of July holiday travel is expected to reach a new record high in 2024, as more than 70 million Americans are…

Seattle Woman Charged After Trying To Bribe Juror With $120,000 Cash To “Inject Racism” For Non-Guilty Verdict A woman from Seattle has now officially been charged with trying to influence the outcome…

VDH: The Lies We Have Lived Through Authored by Victor Davis Hanson via American Greatness, “You can fool some of the people all of the time, and all of the people some…

Visualizing US Wealth By Generation In 2023, American Baby Boomers owned 52% of the country’s net wealth despite comprising only 20% of the population. Based on Federal Reserve data, this graphic, via Visual Capitalist’s…

The Great Exodus Continues: Fresh IRS Data Shows Illinois Loses Residents To 40 Other States Authored by Tad Dabrowski via Wirepoints.org, The latest state-to-state migration numbers from the Internal Revenue Service confirm…

Seaborne Trade Set For Largest Increase Since 2010 After Red Sea Crisis Missile and drone attacks by Iran-backed Houthi rebels in the Red Sea and Gulf of Aden have disrupted crucial maritime…

Moscow’s economic growth has defied Western sanctions The World Bank’s annual national income rankings, released on Monday, showed that Russia has advanced from “upper middle” to “high” category on the strength of…

The move comes days after a series of deadly terrorist attacks in Dagestan Dagestan is about to ban the niqab on religious grounds, the head mufti of the Russian republic announced on…

Steve Bannon Surrenders To Prison For Contempt Sentence Authored by Zachary Stieber via The Epoch Times, Steve Bannon on July 1 reported to a federal prison in Connecticut to begin a four-month…

Poultry Lovers Might Be In For ‘Sticker Shock’ Ahead Of July 4th BBQ  Tens of millions of Americans will be firing up the barbecue grills this week, especially on July 4, to…

Kiev is reportedly in no shape for offensive operations and has turned to recruiting from prisons The government in Kiev can’t hope to launch offensive operations without more manpower, but even prison…

Waste Of The Day: Congressional Expenses Are On The Honor System Authored by Adam Andrzejewski via RealClearInvestigations, Topline: Under new rules passed with bipartisan support last July, federal lawmakers can charge their…

“Joe Biden Is The ‘Walking’ Embodiment Of The Exhausted American Establishment…” Authored by James Howard Kunstler via Kunstler.com, Surprise, Surprise! “Joe Biden is the walking embodiment of the exhausted American Establishment. More…

Treasuries Trounced As Trump Triumph Looms, Crude & Cryptos Soar Politics and macro data dominated flows/technicals today as weak macro weighed on stocks but political ‘wins’ for Trump/Republicans weighed on bonds. The…

The fallout from the American president’s addled performance shows the real nature of Washington’s “democracy” and its empire There is very little to say about the content of the recent televised debate…

Lufthansa attributed the decision to the conflict between Israel and the Lebanese armed group Hezbollah Germany’s Lufthansa airline has announced a suspension of night flights to Lebanon, owing to the conflict between…

The wheels on the bus go thump, thump, thump…. just ask the three debate officials who are now being blamed for the disastrous performance by Joe Biden in Atlanta last week. According…

The pilot scheme for potential “humanitarian enclaves” will soon be launched in the strip’s northern neighborhoods, according to a report Israel is preparing to test an experimental model for running postwar Gaza…

Cocoa Prices Fall To Critical Technical Support Level On Improving Ivory Coast Outlook  Commodity traders are closely watching a triangle pattern forming in New York cocoa prices. According to Bloomberg, top grower Ivory Coast’s…

OPEC: The World Cannot Run On Renewable Energy And EVs By Tsvetana Paraskova of OilPrice.com Proponents of critical minerals as the way to have a world running solely on renewables and electric…

Supreme Court Punts On Florida & Texas Social Media Laws, Sends Cases Back To Lower Courts Authored by Matthew Vadum via The Epoch Times, The Supreme Court on July 1 sent legal…

NATO Mulls Imposing No-Fly Zone Over Western Ukraine Ukraine has revived its talking point and demand that NATO ‘close the skies’ over Ukraine, which was first featured heavily in the wake of the…

The tech giant’s ‘pay or consent’ ad model violates the bloc’s new digital competition law, according to the European Commission EU antitrust regulators have charged that Facebook parent company Meta’s new ad-supported…

Dmitry Gordon had called for the US to attack Russia with nuclear weapons A Russian military court has found Ukrainian journalist Dmitry Gordon guilty of inciting terrorism and dissemination of false information,…

…“The President is not above the law. But Congress may not criminalize the President’s conduct in carrying out the responsibilities of the Executive Branch under the Constitution.”…  In a 6-3 vote, the…

An infantry fighting vehicle was taken out in the Donetsk People’s Republic, according to the Russian Defense Ministry A Russian kamikaze drone has taken out another Ukrainian US-supplied Bradley infantry fighting vehicle,…

Biden’s De Facto EV Mandate At Risk After Supreme Court “Chevron” Ruling By Charles Kennedy of OilPrice.com The Biden Administration’s new strict tailpipe emission standards have just become particularly vulnerable after the…

Arab League Suddenly Revokes Hezbollah’s Terrorist Designation While some Western countries have ramped up sanctions against Hezbollah amid daily missile fire on northern Israel, the Arab League has issued a surprise reversal…

France’s Problem Is Not The Elections, It Is Socialism – A Warning For All… Authored by Daniel Lacalle, Following the European elections, the French credit default swap has soared to a post-2020 record…

Ex-Moelis Banker Arrested On Assault Charges After NYC Punching Incident A senior ex-Moelis banker who punched a woman at a Brooklyn Pride event last month was arrested on Monday and charged with assault.   Jonathan Kaye,…

Trans Mountain Oil Pipeline Off To A Solid Start Authored by Charles Kennedy via OilPrice.com, The Trans Mountain pipeline delivered enough crude oil to load 20 tankers from Canada’s Pacific Coast in…

The Russian plant belonged to Pyotr Poroshenko’s company Roshen, which has been under investigation for tax evasion for years Shares in a candy factory previously owned by former Ukrainian president Pyotr Poroshenko…

Relief Rally? By Bas van Geffen, CFA, Senior Macro Strategist at Rabobank Relied Rally Already? Macron gambled and lost. That much was clear heading into France’s elections this weekend. Macron’s party attracted…

Flooding due to the arrival of monsoon season likely flushed the critter out of his nearby river home The rare sight of a crocodile strolling along a city road among vehicles has…

An increasing number of duel citizens are being prevented from leaving the war-torn country, the Israeli embassy in Kiev has said Israelis who also hold Ukrainian passports should avoid traveling to Ukraine…

The festival was part of the Russia EXPO in Moscow Riveting stories of soldiers, volunteers and war reporters covering the Ukraine conflict were shown at RT’s three-day documentary film festival in Moscow…

Zelensky Outlines Workable Model For Peace Talks With Putin Ukrainian President Volodymyr Zelensky has in a fresh interview with The Philadelphia Inquirer admitted that peace talks are possible with Russia, and that they…

Trump Says Immunity Ruling ‘Big Win For Democracy’ The Supreme Court on Monday ruled in a 6-3 vote that former presidents, including Trump, enjoy immunity from criminal prosecution for conduct involving official…

As ‘Hard’ Data Collapses, Manufacturing Surveys’ Mixed Reality Emerges With ‘hard’ data collapsing in the last month, ‘soft’ survey data from ISM and S&P Global this morning was ‘mixed’ as usual: S&P…

Key Events This Holiday-Shortened Week: Jobs, JOLTS, ISM, Fed Minutes And Powell Speaks As DB’s Jim Reid writes this morning, tongue-firmly-planted-in-cheek, the biggest shock in Europe on Sunday after a hugely anticipated…

Tucker: Obama Is Privately Lobbying To Get Rid Of Biden Authored by Paul Joseph Watson via Modernity.news, Despite his public support for the president, Barack Obama is privately lobbying to get rid…

Third Of Nuclear-Plant Owners In Talks With Tech Firms To Power Up AI Data Centers Big tech firms like Amazon are actively speaking with utility companies to build artificial intelligence data centers powered by clean, reliable…

History Suggests Bitcoin Rebound In July As German, US Govts Move $150M In Crypto The German and United States governments have drawn significant attention after transferring millions of dollars of crypto holdings….

Kiev so far has failed to restructure its debt, the outlet has said Kiev could default as early as next month if it fails to negotiate a debt-restructuring deal with its creditors,…

NVDA Slides As French Regulators Reportedly Ready Anti-Trust Charges French antitrust regulators are reportedly preparing to charge Nvidia for allegedly anti-competitive practices, people with direct knowledge of the matter told Reuters, making…