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Karin Kneissl: https://thecradle.co/Article/Analysis/16825 On 6 October, when the European Union (EU) agreed to impose a Russian oil price cap as part of a new package of sanctions against Moscow, 23 oil ministers from the OPEC+ group of oil-producing countries spoke out in favor of a sharp cut in their joint production quota. Their collective decision to decreaseContinue reading ” You Can Print Money But You Can’t Print Oil”

Before launching, I am reminded of one of my favorite dining and Jameson haunts on Cecil Street on Raffles Place in Singapore. The Black Swan. Steak, art deco, clams from New England and Nova Scotia flown in daily. RIP. But still alive are speak-easies like Burnt Ends. Mark Wauck: https://meaninginhistory.substack.com/p/losing-at-war-black-swans-everywhere Losing At War, Black SwansContinue reading “Black Swans, Singapore Saloons and Fed-War”

Alasdair Macleod: https://www.goldmoney.com/research/banking-crisis-the-great-unwind Banking crisis — the Great Unwind Oct 13, 2022·Alasdair Macleod There is a growing feeling in markets that a financial crisis of some sort is now on the cards. Credit Suisse’s very public struggles to refinance itself is proving to be a wake-up call for markets, alerting investors to the parlous stateContinue reading “Banking Crisis and the Great Unwind”

Tass: https://tass.com/politics/1522429 Tass: https://tass.com/economy/1522393 ZeroHedge: First, Tass on the subject of the arrests ahead of Putin’s meeting with Erdogan. Saboteurs caught plotting attack on TurkStream pipeline — Kremlin Dmitry Peskov stressed that “this is an attempt on a route that remains in a functional state, fully loaded, running like clockwork” ASTANA, October 13. /TASS/. SeveralContinue reading “Gas Wars: the Turkish Hub”

Romaine and Iceberg are both good for 7-10 days. UK bookmaker William Hill says that the odds are that Truss will have a shorter premiership than Theresa May, who served 1,106 days. The bookmaker has slashed her odds of departing by the year-end to 7/2 from 40/1 back in September. Truss’ exit date to beContinue reading “What Are the Odds?”

Some money quotes in here regarding oil, Saudi, ESG, and things recessionary. ZeroHedge: https://www.zerohedge.com/markets/fking-war-jamie-dimon-slams-biden-begging-saudis-oil-says-investors-dont-give-shit-about “This Is A F**king War”: Jamie Dimon Slams Biden Begging Saudis For Oil, Says Investors “Don’t Give A Shit” About ESG BY TYLER DURDEN THURSDAY, OCT 13, 2022 – 05:20 PM Three days after Jamie Dimon sparked a marketwide selloff which sent stocksContinue reading “Jamie Goes ‘Gangsta”

Pepe Escobar does an interesting job pulling together a number of threads (see highlights). Pepe Escobar: https://thecradle.co/Article/Columns/16704 Terror on Crimea Bridge forces Russia to unleash Shock’n Awe The western narrative of a ‘losing Russia’ has just been decimated by Moscow’s blitzkrieg against Ukraine and its foreign-backed terror operations By Pepe Escobar October 10 2022 The terror attackContinue reading “General Armageddon at the Bridge”

8 minutes of Russian troop movements from the East to the Ukrainian front.

Per Tass, the Russian News Agency (https://tass.com/world/1520571), Gazprom already found NATO explosive devices on Nord Stream in 2015 — spokesman On November 6, 2015, the NATO Seafox mine disposal unmanned underwater vehicle was found during the scheduled visual inspection of the Nord Stream 1 gas pipeline MOSCOW, October 10. /TASS/. An incident with NATO explosiveContinue reading “Gazprom Release Photos of NATO Drone on Nord Stream Pipeline in 2015”

Meaning in History: https://meaninginhistory.substack.com/p/briefly-noted-ukraine-escalation Briefly Noted: Ukraine Escalation Update Mark Wauck I’ve been holding off commenting on the Russian military response to the Ukrainian truck-bomb terror attack on the Kerch Bridge—the latest in a series of terror style attacks. That response has come, as I’m sure readers have heard, in the form of massive RussianContinue reading “Missile Barrage After-Action Report”