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  • Oil markets are facing a potential "super glut" in 2024, driven by increased supply from new drilling projects amid weakening demand, leading to depressed crude prices, according to Trafigura's chief economist.
  • Washington, D.C. hosts the highest renter population in the U.S., with approximately 66% of households renting as soaring mortgage rates and home prices push more people into the rental market.
  • Severe water shortages in Australia are being exacerbated by the rapid expansion of data centers that could consume vast amounts of water, leading to pressure on the country's utility infrastructure.
  • The U.S. military is planning to establish small-scale refineries for critical minerals to reduce reliance on China, as part of a broader strategy for domestic production to support defense capabilities.
  • Recent data indicates that job openings in the U.S. unexpectedly rose despite a significant drop in the number of employees quitting their jobs, suggesting a potential shift in the labor market dynamics.

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ZeroHedge

  • Oil Trading Giant Warns Of Looming "Super Glut" Due To Supply Surge 38 minutes ago by Tyler Durden

    Oil Trading Giant Warns Of Looming "Super Glut" Due To Supply Surge Echoing what has become a now daily refrain by commodity bears everywhere, Saad Rahim, chief economist of commodity-trading giant, Trafigura, said that the oil market faces a “super glut” next year as a burst of new supply collides with weakness in the global economy. According to Rahim, new drilling projects and slowing demand growth would weigh further on already depressed crude prices next year. “Whether it’s a glut, or a super glut, it’s hard to get away from that,” Rahim said in remarks alongside the company’s annual results. Brent crude has fallen

  • Conrad Black: Trump's Approach To Curbing Crime Is Proving Effective an hour ago by Tyler Durden

    Conrad Black: Trump's Approach To Curbing Crime Is Proving Effective Authored by Conrad Black via The Epoch Times (emphasis ours), There’s no doubt that President Donald Trump’s campaign to reduce urban crime is fundamentally popular. The overwhelming majority of Americans oppose crime, particularly violent crime that threatens them in their homes or while engaging in daily activities on city streets and sidewalks. Some Democrats continue to align themselves with individuals and groups broadly disapproved of by the public, including violent criminals who entered the country illegally and whose civil rights are defended on technical grounds prior to deportation. The same is true for

  • Washington, DC Has The Highest Share Of Renters In America, Nearly Double National Average an hour ago by Tyler Durden

    Washington, DC Has The Highest Share Of Renters In America, Nearly Double National Average About one in three U.S. households rents, a ratio that has stayed surprisingly steady over the past six decades. But with mortgage rates soaring from 2.7% in 2020 to almost 7% today - and home prices continuing to climb - the share of renters has edged up. Today, it takes $121,400 to afford a typical home, or 43% higher than the average salary. This graphic, via Visual Capitalist's Dorothy Neufeld, shows the share of Americans renting versus owning by state, based on data from the U.S. Census Bureau. A CLOSER LOOK AT

  • Aussie Data Centers Could Swallow 40 Million Litres Of Water Per Day, That's About 80,000 Households 2 hours ago by Tyler Durden

    Aussie Data Centers Could Swallow 40 Million Litres Of Water Per Day, That's About 80,000 Households Authored by Jerry Zhu via The Epoch Times (emphasis ours), Australia’s utility industry warns the country’s current water supply is not enough to accommodate the explosive growth of data centres and artificial intelligence (AI). A photo of the Global Switch data centre in Ultimo of Sydney, Australia taken on May 9, 2025. Courtesy of Kevin Lee The Water Services Association of Australia (WSAA), the nation’s peak water body, says data centre developers are seeking about 5 to 40 million litres of water per day to cool down their

  • "Godless Demons": Teen Commits Suicide After "Sextortion" As International Crime Ring Targets American Children 2 hours ago by Tyler Durden

    "Godless Demons": Teen Commits Suicide After "Sextortion" As International Crime Ring Targets American Children Federal authorities are investigating the death of a 15-year-old West Virginia boy as part of a broader examination into sextortion networks that have increasingly targeted American teenagers, resulting in what experts describe as a national crisis of online predation, the New York Post reported. Bryce Tate, 15 Bryce Tate, a student at Nitro High School in Cross Lanes, was discovered dead in his home on November 6 from a self-inflicted gunshot wound. The tragedy unfolded roughly three hours after he began communicating with someone who contacted him via text


The Guardian

  • DRC fighting forces 200,000 to flee just days after Washington peace deal 7 hours ago by Reuters
    Democratic Republic of the Congo, Africa, Rwanda, US foreign policy, Trump administration, US news, World news

    Rwanda-backed M23 rebels clash with Congolese army and other groups as they march on strategic eastern town About 200,000 people have fled their homes in the Democratic Republic of the Congo as Rwanda-backed rebels march on a strategic eastern town just days after Donald Trump hosted the Rwandan and Congolese leaders to proclaim peace. The UN said at least 74 people had been killed, mostly civilians, and 83 admitted to hospital with wounds from escalating clashes in the area in recent days. Continue reading...

  • US puts sanctions on network said to funnel Colombian mercenaries to Sudan 8 hours ago by Harriet Barber
    Sudan, World news, Africa, War crimes, Conflict and arms, Global development, Trump administration

    US treasury accuses Colombian nationals and companies of aiding the RSF, which has committed horrific war crimes The United States has sanctioned four people and four companies accused of enlisting Colombian mercenaries to fight for and train a Sudanese paramilitary group accused by Washington of committing genocide. Announcing the sanctions on Tuesday, the US treasury said the network was largely composed of Colombian nationals and companies. Continue reading...

  • Nigerian troops held in Burkina Faso after ‘unfriendly’ emergency landing 16 hours ago by Eromo Egbejule in Abidjan
    Nigeria, Africa, World news, Burkina Faso, Benin

    Unauthorised touchdown comes less than 24 hours after Nigerian forces intervened in attempted coup in Benin Eleven Nigerian military personnel are being held in Burkina Faso after a Nigerian plane reportedly entered Burkinabé airspace without authorisation on Monday, the latest twist in a region enmeshed in multiple political and security crises. In a statement on Monday evening, the breakaway Alliance of Sahel States (AES), of which Burkina Faso is a member alongside Mali and Niger, said the C-130 transport aircraft had made an emergency landing in Bobo Dioulasso. Continue reading...

  • False claims Afrikaners are persecuted threaten South Africa’s sovereignty, says president a day ago by Rachel Savage in Johannesburg
    South Africa, Cyril Ramaphosa, Donald Trump, Race, Trump administration, Africa, World news

    Cyril Ramaphosa says theories, promoted by Donald Trump, ‘conveniently align with wider notions of white supremacy’ White supremacist ideology and false claims that South Africa’s Afrikaner minority is being racially persecuted pose a threat to the country’s sovereignty and national security, the country’s president, Cyril Ramaphosa, has warned. Since taking office for his second US presidential term in January, Donald Trump has repeatedly claimed without evidence that South Africa’s government is seizing land and encouraging violence against white farmers. Continue reading...

  • Ancient Egyptian pleasure boat found by archaeologists off Alexandria coast 2 days ago by Dalya Alberge
    Egypt, Archaeology, Greece, Africa, World news, Heritage

    First-century luxury vessel matches description by the Greek historian Strabo, who visited city around 29-25BC An ancient Egyptian pleasure boat that matches a description by the first-century Greek historian Strabo has been discovered off the coast of Alexandria, to the excitement of archaeologists. With its palaces, temples and the 130 metre-high Pharos lighthouse – one of the seven wonders of the ancient world – Alexandria had been one of the most magnificent cities in antiquity. The pleasure boat, which dates from the first half of the first century AD, was 35 metres long and constructed to hold a central pavilion with a


South China Morning Post

  • US senators warn of China-cartel links forming a global ‘Silk Road of crime’ 3 hours ago by Igor Patrick,Robert Delaney

    Lawmakers from both parties are warning that Chinese criminal groups have helped build what officials call a “Silk Road of crime”, a global network that launders Latin American cartel profits and supplies the chemicals used to make fentanyl bound for the United States. At a Senate hearing on Tuesday, members of the Caucus on International Narcotics Control said Chinese money brokers and Latin American cartels have merged their operations into a system that blurs the line between trade and...

  • UK sanctions Russian and Chinese firms, warns of cyber threats, hybrid warfare 3 hours ago by Associated Press

    Britain announced sanctions against Russian media and ideas outlets on Tuesday as the UKs top diplomat warned Western nations must raise their game to combat information warfare from “malign foreign states”. Foreign Secretary Yvette Cooper said the UK was imposing sanctions on the microblogging Telegram channel Rybar and its co-owner Mikhail Sergeevich Zvinchuk, as well as the Centre for Geopolitical Expertise and the Foundation for the Support and Protection of the Rights of Compatriots Living...

  • Autistic Scottish artist Nnena Kalu smashes Turner Prize ‘glass ceiling’ 5 hours ago by Agence France-Presse

    Scotland’s Nnena Kalu took home the Turner Prize on Tuesday, with the autistic artist beating four competitors including an Iraqi painter to the prestigious contemporary art award. Glasgow-born Kalu, 59, was nominated for her hanging sculptures using wrapped material, including fabric, rope and tape, with the British disability charity Sense hailing her shortlisting as “incredibly significant”. The jury of the prize, established in 1984 to celebrate contemporary British art, hailed Kalu’s art as...

  • How Nexperia became a casualty of the US-China trade war 5 hours ago by Alex Lo

    Don’t bring a knife to a gunfight, they say. Alas, the Dutch government has been a slow learner. No matter, the Nexperia debacle has shown how some European states have been too compliant with the United States and defiant with China. They don’t seem to realise they are little better than pawns in US President Donald Trump’s America. “Model allies that step up … will receive our special favour,” US Defence Secretary Pete Hegseth declared at the 2025 Reagan National Defence Forum in California...

  • Trump threatens funding for Chicago transit after woman set on fire 5 hours ago by Associated Press

    US President Donald Trump’s administration is threatening to pull federal funding for public transport in Chicago unless the city tightens security after a man allegedly set a woman on fire inside a commuter train in November. Governor J.B. Pritzker’s office said in an email on Tuesday that Trump is politicising “a heinous tragedy” while doing nothing to make Illinois communities safer. Federal Transit Authority Administrator Marc Molinaro sent a letter on Monday to Pritzker and Mayor Brandon...


New York Times

  • Asserting a Personal Role in Warner Bros. Battle, Trump Seeks to Expand His Powers Again 42 minutes ago by Charlie Savage
    Mergers, Acquisitions and Divestitures, United States Politics and Government, Antitrust Laws and Competition Issues, Presidential Power (US), Federal Trade Commission, Justice Department, Netflix Inc, Warner Brothers, Kushner, Jared, Trump, Donald J, Paramount Global

    The move comes as the Supreme Court also appears poised to put antitrust enforcement by the Federal Trade Commission under his control.

  • Stephen Miller’s Stock Sale Raises Questions, Ethics Experts Say 3 hours ago by Ana Swanson
    United States Politics and Government, Conflicts of Interest, Ethics and Official Misconduct, Metals and Minerals, Rare Earths, Defense Department, Office of Government Ethics, Westinghouse Electric Co, Litinsky, Andy, Miller, Katie Rose, Trump, Donald J, Miller, Stephen (1985- )

    Mr. Miller, one of President Trump’s top advisers, sold shares in the mining company MP Materials following a lucrative deal between the company and the government.

  • Judge Suggests Lindsey Halligan, Prosecutor on Comey and James Cases, Should Resign 11 hours ago by Devlin Barrett
    Appointments and Executive Changes, United States Politics and Government, United States Attorneys, Justice Department, Brinkema, Leonie M, Halligan, Lindsey, James, Letitia, Comey, James B, Virginia, Ethics and Official Misconduct, Trump, Donald J

    Lindsey Halligan’s indictments against James B. Comey, the former F.B.I. director, and Letitia James, the attorney general of New York, were dismissed last month over Ms. Halligan’s appointment.

  • Trump’s Nvidia Chip Deal Reverses Decades of Technology Restrictions an hour ago by David E. Sanger
    United States Politics and Government, Artificial Intelligence, United States International Relations, Computer Chips, International Trade and World Market, Defense and Military Forces, United States Economy, NVIDIA Corporation, Huawei Technologies Co Ltd, DeepSeek Artificial Intelligence Co Ltd, Trump, Donald J, Xi Jinping, Huang, Jen-Hsun, Sullivan, Jacob J (1976- ), China

    President Trump’s decision to allow Nvidia to sell its chips to China has raised questions about whether he is prioritizing short-term economic gain over long-term American security interests.

  • Wall Street Is Shaking Off Fears of an A.I. Bubble. For Now. 7 hours ago by Joe Rennison
    Standard & Poor's 500-Stock Index, Artificial Intelligence, Stocks and Bonds, Prices (Fares, Fees and Rates), Company Reports, Cisco Systems Inc

    The valuations of some artificial intelligence companies are approaching those of the dot-com boom. But investors worry that pulling money from today’s market risks future gains.


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