Watch: UK Police Clear Streets Of Entire Town So Migrant Boat Can Offload Residents of Gosport, the Royal Navy harbor town across the water from Portsmouth, spent Sunday under police orders that let officers direct people to leave town, as a migrant boat from France made its way toward their coastline. The migrants were brought into Gosport onboard an RNLI boat (AOL)Hampshire and Isle of Wight Constabulary imposed a Section 34 […]

Trump Plans To Ease Off-Road Diesel Restrictions Ahead Of Midterms Bloomberg reported late Monday afternoon that the Trump administration is preparing to loosen restrictions on tax-exempt dyed diesel, seeking to ease costs for the industrial fuel that powers the economy amid a global refining crisis. The report cites people familiar with the matter, and the new policy could be announced as soon as today. The plan would allow […]

Over 250,000 Visas Revoked During Trump’s Second Term Authored by Aldgra Fredly via The Epoch Times, The State Department said on Oct. 1 that it has revoked more than 250,000 visas since President Donald Trump returned to office in January 2025. State Department spokesman Tommy Pigott announced in a post on X that the administration has been working to identify and revoke visas held by noncitizens who were found to “commit […]

Pentagon Backs Ambitious Plan To Beam Solar Power From Space By Haley Zaremba of OilPrice.com Space-based solar power just got another powerful vote of confidence. The United States Department of Defense just inked a contract with solar energy company Overview Energy to “design, build, and test a homing beacon that will enable its space-based solar energy system to accurately beam power from orbit to receiving solar arrays on […]

Fuel Price Shock Pushes Gas Cars Under 50% Of Global New-Auto Sales For First Time By Tsvetana Paraskova of OilPrice.com The share of gasoline cars in global vehicle sales fell below 50% for the first time ever as the Hormuz shock and the resulting record-high fuel prices accelerated the previously sluggish shift toward EVs outside China. A few years ago, China blew past the threshold of 50% of all car sales being hybrids and EVs, […]

Massive Fires Along Saudi Oil Export Pipeline, Regional Outlet Says Update(1015ET): The news outlet of pro-Iranian factions in Iraq, Sabereen News, has cited new satellite imagery to report “massive fires in the Saudi oil export pipeline.” The outlet posted the following image on its official Telegram channel. Newsquawk, which picked up the Sabereen report, has noted that it remains unclear whether this is a new incident or is […]

Houthis Seize Parliament Speaker’s Home, While Govt Forces Claim Mocha Captured With Saudi Air Support Summary Saudi-backed forces launch major counteroffensive with roughly 100 Saudi fighter jets supporting attacks along the Red Sea coast. Mocha’s status remains disputed: Government forces claim to have retaken the strategic port, while Houthis deny the loss. Houthis advance around Taiz, capturing key positions and […]

Key Events This Week: FOMC Minutes, Umich, And FOMC Speakers Galore Given the high stress and high alert in bond markets, which has pushed global 10Y yields to the highest level since 2022 and with Europe finding itself on the verge of another sovereign debt crisis… … the main focus in the week ahead will be on central banks, with the minutes from the September FOMC meeting on Wednesday and the ECB’s account of its latest […]

Education Department Calls For Transparency And Tolerance… Teacher Unions Cry Foul Authored by Jonathan Turley via JonathanTurley.org, The decline of higher education into an ideological echo chamber has been widely discussed on this and other sites. Polls show record lows in the public trust in our universities and colleges as revenues decline and closures increase. Secretary of Education Linda McMahon responded to this meltdown […]

Cambridge University Declares Free Speech Should Be ‘Restricted’ Authored by Steve Watson via Modernity.news, Gonville and Caius College, one of Cambridge’s oldest foundations, is compelling its undergraduates to attend mandatory “inclusivity training” from the start of term. The 90-minute sessions are being delivered by Stop Hate UK, a ‘charity’ activist organisation whose own materials tell students their free speech rights […]

Aramco Cuts Asia Oil Prices To Six-Year Low, Warns Global Oil Supply Buffer “Scarily Thin” Saudi Aramco has raised oil prices for European-bound cargoes in November but has cut prices for Asian buyers to the lowest in six years as Persian Gulf producers race for market share with flows through the Strait of Hormuz increasing.  The state-owned firm will offer Arab Light crude to buyers in Asia to $5 a barrel less than […]

Lingering Iranian Diplomats In New York ‘Kicked Out’ By Rubio The 81st session of the United Nations General Assembly took place September 22–29 in New York City, with the Iranian delegation being allowed into the country (even as the delegation of the Palestinian Authority was blocked). President Masoud Pezeshkian addressed the UNGA without any problems, and Foreign Minister Abbas Araghchi engaged in talks with the US on the […]

Key Roles Over Payrolls By Michael Every of Rabobank Friday’s US payrolls were weaker than expected at 29K, another random walk which helped walk soaring bond yields back from the edge of the cliff, at least temporarily. However, far more important things are happening than that report, much as it’s a markets catechism to repeat it. Europe agreed to US demands to release 50m barrels of its diesel reserves over the next two […]

We May Finally Be Rid Of Jack Smith Authored by Susan Quinn via American Thinker, Sen. Bill Hagerty, R-Tenn wants to make sure that Special Counsel Jack Smith never practices law again. It’s about time. Jack Smith tried to lay waste to Donald Trump, his administration, and other Republicans by practicing lawfare, and Sen. Hagerty reported him to the Tennessee Supreme Court’s Board of Professional Responsibility. Smith’s actions […]

Tech Leads Strong Growth Signals From US Services Sector Surveys; But Prices Are Soaring After last weeks impressive moves in Manufacturing survey data (though burdened with the baggage of a surge in Prices Paid), all eyes are on the Services side of the US economy with mixed results expected (S&P up, ISM small down). S&P Global US Services September slightly better than expected (58.8 vs 58.7 exp/flash vs 56.5 prior) – […]

84% Of Gen Z Democrats Back Socialism; New Poll Finds Authored by Pedro Rodriguez via The Daily Signal, A groundbreaking new poll conducted ahead of November’s midterm elections has uncovered that over 30% of Americans have a favorable view of socialism. According to the OnMessage poll, which surveyed 800 American voters from July 12-16, 35% of respondents identified as Democrats, 84% of whom identified as Gen Z. “Embracing […]

UBS Says Watch Beaten-Down Consumer Stocks, But Is “Reluctant To Call Outright Bottom” The Conference Board’s Consumer Confidence Index has fallen to its lowest level since April 2014, but UBS equity trader Mark Paski is watching closely for signs of a bottom in beaten-down consumer stocks. Paski explained: Some of the US consumer sector’s biggest laggards are beginning to outperform despite little improvement in the underlying […]

Supreme Court To Hear Pivotal Climate Case With Billions At Stake Authored by Kevin Stocklin via The Epoch Times, The Supreme Court will hear oral arguments on Oct. 5 regarding a lawsuit from Boulder, Colorado, demanding compensation from energy companies for local weather damage allegedly caused by global greenhouse gas emissions. The question before the court, however, is not whether global warming theories hold water. It’s […]

Russian Lab Worker’s Abrupt Death Sparks Plague Crisis Concerns; Trump Team “Monitoring Outbreak” With wars in Eastern Europe and the Gulf already sending the world down a dangerous trajectory toward worsening instability ahead of the Northern Hemisphere winter (see the global refining crisis), a suspected plague case at a Russian research institute has added a potential public health crisis to that risk landscape. Axios reports […]

Stock Futures Drift As Attention Turns To European Debt Crisis Futures are lower to start the week and global markets struggle for direction, as political upheaval and mounting concern over Europe’s public finances dampened risk sentiment and sent the euro to a 17-month low against the dollar while the US yield curve twists steeper and USD appreciates. As of 8:00am ET S&P futures are down 0.1% and Nasdaq futures slip 0.2% […]

US Pulls Entire B-1 Supersonic Bombers From UK Base After Suspected Iran-Linked Terror Plot The Wall Street Journal reported late Sunday afternoon that all US Rockwell B-1 Lancer supersonic bombers had been removed from Britain’s RAF Fairford air base over mounting security concerns following a suspected terrorist plot against the facility one week ago. The Department of War confirmed to the news outlet that all supersonic, […]

Navarro: The Jobs Report Reveals Federal Reserve Election Interference Authored by Peter Navarro via RealClearMarkets, CNBC and Yahoo Finance called the jobs report a miss. Fox said it was lower than expected. More bad analysis from a Keynesian financial press that has shown extraordinary supply-side ignorance throughout the Trump 47 term. The deeper story is indeed more complicated – and considerably more reassuring. Start […]

Left Under Pressure: Bolsonaro Leads Socialist Lula In Brazil As Spain’s Sanchez Calls Snap Elections Amid Turmoil Political developments in Brazil and Spain overnight are adding volatility to certain overseas markets, highlighting mounting pressure on failing left-wing regimes.  In Brazil, right-wing Senator Flávio Bolsonaro’s first-round lead over socialist President Luiz Inácio Lula da Silva significantly strengthens his […]

Iran “Decision Week”: Trump Teases “Easy Way Or Hard Way” As Tankers Burn, Rial Craters And Tehran’s Oil Minister Quits Seven months into the war, the Iran story has settled into a familiar loop: Tehran sets conditions, Washington rejects them, a tanker catches fire, oil stays at $100, repeat… then a modest de-escalation before markets open on Monday morning and reversal around Friday’s closer.  This weekend, though, felt […]

Vistra In Line For $4 Billion Nuclear Loan As Washington’s Lending Spree Continues The Trump administration plans to offer Vistra roughly $4 billion in loans to uprate an additional 433 MW from its Perry and Davis-Besse plants in Ohio and Beaver Valley in Pennsylvania, Bloomberg reported Friday. Energy Secretary Chris Wright could announce the package Monday during a visit to the Perry plant.  Earlier this year, Meta signed a […]