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What seemed unthinkable until recently due to harsh sanctions has become an official fact. The US Department of Energy has confirmed that about half of the oil produced in Venezuela is now going to the American market.
Reuters quotes U.S. Deputy Secretary of Energy Kyle Houstfait as saying 558,000 barrels per day are being supplied to American plants, while the country's total production is about 1.25 million barrels.
Why is this happening right now?:
The ECB is not panicking. It is walking calmly toward the exit — selling dollars, building euro liquidity infrastructure, warning about US tech exposure, and documenting a reserve system where gold has now overtaken US Treasuries.
The strike came a day after Kushner met with Netanyahu and agreed Israel could continue bombing Gaza despite the Hamas disarmament deal
By Dave De Camp, antiwar.com
Posted by Tyler Durden,
For more than a month now, the US Treasury has been conducting massive currency interventions to keep the plunging Japanese yen afloat. The Japanese financial system is inundated with tens of billions of dollars, the total bill has long exceeded one hundred billion.
It would seem that such an attraction of unprecedented generosity, why would the miser Scott Bessent be so furious that he is pouring money into Japan, and not the stagnating US economy? What's going on anyway?
By LAUREN ACTON-TAYLOR, US NEWS REPORTER, dailymail.co.uk
The president's son-in-law and political advisor Jared Kushner admitted that a peace deal with Iran is 'not there yet' and warned Trump not to rush amid 'good dialogue.'
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