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Oakland Corruption Scandal: Democrat Oakland Mayor Sheng Thao and Government Officials Allegedly Funded by Sex Trafficking Drug Ring
Police in Winona Minnesota are stunned after every single one of their Flock cameras were suddenly removed in a single night.
According to the police department, all 8 of the town's cameras were cut down and hauled away.
Police are asking for the public's help to identify the individual, but the public has been responding with comments such as:
"The Flock cameras tore themselves down"
"Whoever did it, was fishing with me"
"Whoever it was, was at Bible study with me"
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🏦 🇺🇸 🇮🇷 Pilkington: The US is losing control, not just over global markets, but over their own bond markets.
Philip Pilkington’s read on this week comes down to one thing: control. More specifically, who is starting to lose it.
He points to Treasury Secretary Scott Bessent’s intervention in the bond market, where Treasury sold short-term bills to help fund purchases of longer-term bonds. It was an unusual move that effectively stepped into territory normally handled by the Fed. It lasted less than a day before yields climbed again.
For Pilkington, the bigger issue is what the move says about the system: Treasury appeared willing to fight its own central bank in the middle of a crisis, suggesting the coordination between Washington’s institutions is starting to break down.
He sees something similar in the yen intervention. Washington shorted the euro to support the yen, which Pilkington sees as a departure from the usual rules of currency diplomacy. He interprets the ECB’s ...
🛢 Global crude markets that looked well-supplied in July are now facing an impending supply tightness and the market is still underpricing shortfall
For a brief window in mid-July, global crude markets looked well-supplied. After the US-Iran MoU was signed on June 17th, Hormuz transits picked up, Iran also managed to get barrels on the water, and Atlantic Basin exports hit record highs. Crude and condensates on water climbed above ~1.3 bn barrels by July 13th — matching the post-Covid, post-price-war peak of Q2 2020. It was, in hindsight, a false dawn.
Since that peak, Vortexa data shows a collapse in crude on the water of ~200mb in just four weeks — a draw rate of 7.1mbd. To put that in context: the equivalent draw in the four weeks after the Middle East war began in early March was 102mb. This most recent drawdown is 95% larger, and the market appears to have barely noticed. Summer trading lulls, seasonally lower price volatility, and the brief sense of comfort created by the July...
