10/01/2025
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Futures Drop, Gold Jumps As US Government Shutdown Begins
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US stock futures are weaker to start the new quarter but have cut overnight
losses by more than a third, as the first US government shutdown in nearly
seven years begins. The first shutdown during Trump 1.0 lasted 3 days and the
second shutdown 35 days: how long will this one last? As of 8:00am […]
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Frozen Russian Billions Could Backstop Ukraine’s War Effort
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Authored by RFE/RL Staff via OilPrice.com, The European Commission is
proposing a loan scheme for Ukraine backed by frozen Russian assets, repayable
only once Moscow pays war damages. The plan would bypass potential vetoes by
Hungary or Slovakia and could mobilize up to €140 billion for Kyiv in 2026–27.
Key hurdles include legal risks, ECB […]
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China Halts All New BHP Iron Ore Cargoes As Traders Brief Goldman On Situation
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Bloomberg reports that China Mineral Resources Group has temporarily halted
purchases of all dollar-denominated seaborne iron ore cargoes from BHP Group
vessels. The trade suspension follows failed talks between CMRG (the world’s
largest iron ore buyer) and BHP (the world’s largest listed miner) and builds
on earlier restrictions targeting BHP’s Jimblebar blend fines. CMRG has now
barred mills […]
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Climatism In Europe Is Dying
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Via eugyppius.com, On September 25th 2018, US President Donald Trump delivered
his first speech before the United Nations General Assembly. At one point he
warned Germany about its plans for Nord Stream 2, which he said would make the
country “totally dependent on Russian energy if it does not immediately change
course”. German Foreign Minister […]
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The Shutdown Begins – The Dispatch
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There have been some close calls leading up to this point. In December,
Republicans and Democrats reached an initial agreement to keep the government
open just days before its deadline that month—only for Republicans in the House
of Representatives to rebel, arguing that the agreement contained too many
extraneous measures. Incoming President Donald Trump then […]
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