We know what’s coming and we are prepared.
Yuan surpasses yen in share of global currency payments - Swift data
The Chinese yuan overtook the yen as the currency with the fourth-largest share of international payments in November, for the first time since early 2022, according to transaction data compiled by global financial messaging service Swift.
The share of transactions involving the yuan among all currencies rose to 4.6% last month from 3.6% in October.
The figure was a record high for the yuan and surpassed the yen's 3.4%.
The last time the yuan ranked fourth was in January 2022.
The US dollar maintained its lead in November with 47%, followed by the euro and pound sterling with 23% and 7.15% respectively.
Meanwhile, here’s Don Jr. worshipping at the feet of another demon god in India.
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The village of Piddington has voted for independence from the United Kingdom and to become a self governing village in a landslide vote.
91% Voting Leave
This comes after news that over 3,000 illegal migrants are to be dumped in their village.
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🇺🇸🛢 The U.S. Strategic Petroleum Reserve has fallen to 283.8M barrels, its lowest level since October 1982.
A year ago, September 2025, the SPR held 406 million barrels.
The current drawdown traces back to a 172 million-barrel release President Trump authorized in March, part of a coordinated 400 million-barrel release by 32 IEA member countries. Discharge began about a week later and was expected to take roughly 120 days, with the administration pledging to refill about 200 million barrels within a year at no cost to taxpayers.
Two different floors govern how far the reserve can fall. Federal law sets an operational minimum of 252.4 million barrels, while the generally accepted operational minimum is 250 to 300 million barrels on hand to pump and process oil efficiently, a level it is now testing.
Ben Cahill, an energy analyst at the Atlantic Council, has warned the releases carry diminishing returns: "at a certain point it becomes a self-defeating move, because releasing more...
