It is the 20th of September 2018

News

Why Some Hedge Funds Believe The Shale Boom Is Coming To An End (Again)

Today's Baker Hughes report confirmed that the US shale miracle continues, as another 6 oil rigs were added bringing the total to 747, the highest since mid-2015, with domestic producers seemingly oblivious - or perfectly well hedged - to the ongoing decline in crude prices which is once again set to crippled the Saudi budget.

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"That Must Not Happen": Germany Threatens US With Retaliation Over New Russia Sanctions

One day after the Senate almost unanimously passed a bill to impose new sanctions on Russia, an unexpected outcry against the US decision emerged from two of America's closest allies, Germany and Austria, who yesterday slammed the new sanctions and accused the U.S. of having ulterior motives in seeking to enforce the energy blockade, which they said is trying to help American natural gas suppliers at the expense of their Russian rivals. And they warned the threat of fining European companies participating in the Nord Stream 2 project "introduces a completely new, very negative dimension into European-American relations."

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Russia Retaliates Against Obama Expulsions, Plans To Seize US Property In Moscow

One of the last acts of Obama's presidency was to "impose costs" on Russia over election-hacking allegations (so far unproven) by expelling 35 Russian diplomats and seizing two compounds in NY and MD. Putin initially warned of "proportional response" but then surprised many by "refusing to sink to 'kitchen' diplomacy." However, six months later, Reuters reports Russia may seize U.S. diplomatic property in Moscow.

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US Has Successfully Shot Down A Simulated ICBM Attack

Update: according to the Pentagon, the much anticipated test was a success, and the mock ICBM warhead was shot down over the Pacific "in a success for America's missile defense program." The test was the first of its kind in nearly three years, and was the first test ever targeting an intercontinental-range missile like North Korea is developing.

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Manhunt For Suicide Bomber Accomplices Leads To Arrests In Libya, Manchester

Update: Having mobilized hundreds of soldiers to protect key landmarks across London, the British police launced a huge manhunt for “a network” of accomplices who may have helped Salman Abedi build the suicide bomb and "who could be ready to kill again."  Part of yesterday's hike in the UK risk threat assessment is the fear that Abedi could have been working as part of a group of accomplices with possible links to militant groups who have the competence to plot and execute suicide bombings.

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