Iran Announces Interim President After Raisi's Helicopter "Hit A Mountain & Disintegrated"

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Bodies had to be carried & hiked out of mountains on stretchers...


ICC Seeks Arrest Warrants For Netanyahu, Hamas Leader Sinwar For "Crimes Against Humanity"

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World Court also seeking arrest of Hamas chief...


Zelensky Rejects Macron's Proposal For An Olympic Truce With Russia

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"We are against any truce that plays into the hands of the enemy."


Assange Wins High Court Victory In Temporary Reprieve From Extradition To US

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"The United States should read the situation & drop this case now."


Watch: Biden Thinks He Was VP During The Pandemic

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"Barack said to me, 'Go to Detroit and help fix it'..."


Strategists See Best of 2024 in Rearview Mirror

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The outlook for the economy and corporate profits may be improving, but that’s not enough to make strategists significantly more bullish for the rest of the year.


Apple Cuts iPhone 15 Prices In China By 20% As Demand Wanes 

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Whoops...


Graduates At All-Black Morehouse College Turn Back On Biden During Commencement Speech, Refuse To Applaud

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...graduates turned their seats away from the stage during Biden’s speech, and many listened with their heads down... Fewer than two dozen of the more than 400 graduating students stood to applaud his speech...


Fearing AI 'Take Over', 'Godfather Of AI' Advises UK Govt To Start UBI

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Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years...


Key Events This Quiet Week: Nvidia Earnings, FOMC Minutes, And Tons Of Fed Speakers

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After last week's non-stop rollercoaster, it will be a quieter week ahead for global macro with perhaps the most interesting events of the week being Nvidia's earnings and FOMC minutes on Wednesday.


Judge In Trump Case Says She's Concerned With Special Counsel Jack Smith

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Mr. Smith and his team have taken inconsistent positions during the case as it pertains to keeping some information sealed, or hidden from the public...


Container Ship Blocking Baltimore Port Refloated And Moved After Nearly Two Months

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"The FSKBridge site is visible for the first time without the vessel." 


A Move Is Underway To Allocate Out Of Fiat Currency Into Things That Cannot Be Printed On Paper

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The US is in a stunningly strong position in such a world...  if only it can get out of its own way and be true to its founding principles


3 Extreme Volatility Charts We are Watching: The Big VIX Short

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VIX dealers are once again running very big short positions

Futures Rise, Commodities Soar After Iran's President Dies In Helicopter Crash

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"Fundamentally, investors are not concerned about the health of the economy. I am not too worried about the commodity rally as it’s only one component of inflation and we are seeing other aspects of inflation starting to come off."


Schiff Vs. Hanke: Who's To Blame For Inflation?

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Hanke skewers the political class for deflecting the blame...


Iranian President Raisi, Foreign Minister Confirmed Dead In Helicopter Crash

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"helicopter was completely burned in the crash… unfortunately, all passengers are feared dead."

 

 


Analyzing The Strategic Importance Of Russia's Reportedly Planned Afghan Oil Hub

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Continued maritime exports to the Indian Ocean Region across the Baltic, Black, and Mediterranean Seas might be deemed strategically undependable...


Copper Roars, Gold Soars To Record Highs As Metals Hit "History-Making Mode"

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Copper and gold - the leading lights of the base and precious metals arenas - are in what Lloyd-Smith puts as "history making mode", as both powered to record highs in early Monday trading


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  • European equities hold a mild positive bias, whilst US futures lack firm direction and holds around the unchanged mark.
  • Dollar is flat alongside G10 peers, Kiwi marginally underperforms, USTs are flat in quiet newsflow, whilst Bunds are slightly softer.
  • A helicopter carrying Iranian President Raisi and Foreign Minister Amir-Abdollahian crashed due to adverse weather conditions with no survivors reported; Iran’s Supreme Leader Khamenei signalled continuity.
  • Spot gold printed a record high of around