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2025
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Are the Bears Wrong About the Looming Glut in Oil?

Oilprice.com 

The oil market is oversupplied while demand growth is slowing down—this has become the dominant assumption among oil traders over the past two years, repeatedly reinforced by analyst outlets. Assumptions, however, are often wrong, especially when not based on physical data. The International Energy Agency’s latest monthly report, for instance, said that the world is facing a record overhang of crude oil, set to unfold in the final quarter of this year and extend into the first months of 2026. The... Читать дальше...

RFK Jr.’s Victory Lap

TheAtlantic.com 

The health secretary is showing this week what he’s willing to do with his power.

Robert Jenrick says UK asylum seekers should be held in ‘rudimentary prisons’ - The Guardian

Top Stories (uk) - Google News (ru) 

  1. Robert Jenrick says UK asylum seekers should be held in ‘rudimentary prisons’  The Guardian
  2. Jenrick vows tougher migration crackdown than Farage  The Telegraph
  3. Robert Jenrick welcomes Nigel Farage’s plans for mass deportations  The Times
  4. Robert Jenrick: ‘Asylum seekers should be detained in camps’  The Spectator
  5. Mass migration is 'wrecking British culture', warns Robert Jenrick as he joins calls for mass deportations  GB News

PMs should be mum on the cash rate

Scoop 

I am a purist when it comes to Reserve Bank independence over setting the Official Cash Rate. I have long advocated that PMs and Finance Ministers shouldn’t express a view in public or private as to what they think the Reserve Bank should do. In 2011 I did a post titled “Bad John” when John […]

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$1.4 billion Powerball jackpot sparks excitement among Kansas Lottery players

Ksnt.com 

TOPEKA (KSNT) - The Kansas Lottery is seeing a spike in interest among Powerball players as the national jackpot approaches nearly $1.5 billion. Cory Thone with the Kansas Lottery told 27 News that interest is building amongst new and old Powerball players in the Sunflower State in September thanks to a growing jackpot prize that [...]