*US INVOKES DEFENSE PRODUCTION ACT FOR SABLE OFFSHORE CORP.
Trump using the Defense Production Act to get around California law. There's no way any oil will be pumped for at least a year, or a decade.
Another big win for the lawyers who will fight this in court... (sigh)
*TRUMP REPEATS US 'DECIMATING' IRAN
So...we're destroying 10% of the country?
The RBA: 5/5
The BOJ: 4/5
The BoE: 3/5
The ECB: 2/5
The Central Bank Put is starting to crack around the world.
The Fed: 1/5
Today I joined my friend and reporter Norah Mulinda LIVE IN STUDIO with @bloomberg.com Businessweek, and this specific shot makes me emotional: two dark-skinned Black women in 'fros, talking economics, on national TV. A historic moment. 😭
Watch our interview here: www.youtube.com/watch?v=ifIZ...
Tell me you don't have a clue about how the @federalreserve.gov works without saying it:
She's not afraid to drive that bus right through the Strait.
What kind of person would deliberately choose to sit in a middle seat?
*TRUMP ADMINISTRATION SET TO SUSPEND JONES ACT TO TAME OIL PRICE
Making it easier for a US-flagged ship to hit a mine in the Strait of Hormuz
*IRAN LEADER KHAMENEI SAYS STRAIT OF HORMUZ SHOULD STAY CLOSED
Trump makes it sound like you should be grateful for high oil and gasoline prices because "we make a lot of money."
*TRUMP SAYS IRAN WAR WILL END 'SOON' BUT NOT THIS WEEK
Wow. It's not even Tuesday!
*TRUMP SAYS WAR COULD BE OVER SOON: CBS
*FRANCE SAYS G-7 NOT THERE YET ON RELEASING OIL STOCKPILES
Oops
You realize he's talking about you....
One of this "shocked but not surprised moments"
Wow, Trump sounds terrible. Exhausted and slurring.
You couldn't make this up
Putin is supporting Iran with intelligence in the war
Yet Trump is considering unsanctioning more Russian oil according to Bessent
A clueless US Administration, in way over its head
Happy 100th Birthday to Alan Greenspan!
This could be a ketchup alert day at the White House. Terrible jobs numbers at a time when surveys show people are worried about losing their jobs. And gasoline prices continue to jump. Double-dose of bad news for those obsessed and fearful of the midterms.
Really, everyone following Trump's Iran war should read this. Bet you weren't thinking about this at all...
www.bloomberg.com/opinion/arti...
“Whoso pulleth out this sword of this stone and anvil...
On @bloombergtv.bsky.social, #Fed Governor Stephen Miran kind of sums up where the Open Market Committee is now, four days into Trump's Iran War: "I think (Fed policy makers) are more generally where they were last week. And it's just too early to change your mind."
This is cartoonish. Arrogant and silly. Who is he trying to impress? (Rhetorical Q, don't answer)
*SPAIN SAYS TRUMP MUST RESPECT INTERNATIONAL LAW OVER TRADE
Bwaa-ha-ha-ha-ha
