Oil set for weekly gains due to Red Sea attacks
Freight rates have also soared as more ships are choosing long routes to avoid the Suez Canal and the Red Sea, where Houthi rebels in Yemen are attacking oil tankers and container ships.
Oil prices recouped Thursday's losses when Angola announced it was withdrawing from OPEC, bringing the cartel down to 12 countries.
Luanda's withdrawal stemmed from a dispute over production quota but is not expected to affect oil supplies or the group's efforts to prop up prices.
British man attacked for entering a ‘no-go zone’ in London.
A horde of Islamists surrounded him and questioned why he was in ‘their’ neighborhood.
They threatened him and began chanting ‘Allahu Akbar’ as they kicked him out.
A 65-year-old couple retiring in 2025 with average earnings will receive an estimated $1.34 million in lifetime benefits, while contributing only $720,000 in today’s dollars.
That shortfall—more than $600,000 per couple—is being made up by younger workers.
“Most of the growth in spending has gone to retirement and healthcare, while programs that promote upward mobility... have been left behind”
https://www.newsweek.com/social-security-medicare-young-workers-cost-10477619