On Wire

Breaking news, updates, and reports on current events.

WTI under $20 a barrel is big story. But to see the JKM LNG benchmark barely above $2 per million British thermal unit is even bigger. And it appears that more pain is around the corner

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WTI under $20 a barrel is big story. But to see the JKM LNG benchmark barely above $2 per million British thermal unit is even bigger. And it appears that more pain is around the corner | #LNG And please, do follow @SStapczynski and @a_shiryaevskaya for all LNG news. https://t.co/LgO5XKcA9y — Javier Blas (@JavierBlas) April … Read more

Trump threatens to adjourn both chambers of congress – something no president has ever done

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Donald Trump is threatening to use a never-before-employed power of his office to adjourn both chambers of Congress so he can make “recess appointments” to fill vacant positions within his administration he says Senate Democrats are keeping empty amid the coronavirus pandemic. Mr Trump opened his daily virus press conference on Wednesday by griping about … Read more

Shopify CTO: “our platform is now handling Black Friday level traffic every day.”

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by dvdmovie1 As we help thousands of businesses to move online, our platform is now handling Black Friday level traffic every day! It won't be long before traffic has doubled or more. Our merchants aren't stopping, neither are we. We need 🧠to scale our platform.https://t.co/e2JeyjcEeC pic.twitter.com/6lqSrNUCte — Jean-Michel Lemieux (@jmwind) April 16, 2020 Goes along … Read more

@BNOdesk “NEW: Ecuador’s Guayas province, where 187 people are confirmed to have died of coronavirus, recorded 6,700 deaths from all causes during the first half of April, significantly higher than the 1,000 average – BBC”

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NEW: Ecuador's Guayas province, where 187 people are confirmed to have died of coronavirus, recorded 6,700 deaths from all causes during the first half of April, significantly higher than the 1,000 average – BBC — BNO News (@BNOFeed) April 17, 2020 An excess of 5700 deaths in 2 weeks would be very noticeable. It’s hard … Read more

Large hotel, restaurant companies getting small-business loans want to spend less of the money paying workers

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The Pennsylvania investment firm that owns the Ritz-Carlton Coconut Grove in Miami has applied for as many as 48 taxpayer-backed loans under an emergency program meant to help the nation’s smallest businesses hang on to their employees through the coronavirus pandemic. A Maryland hotel company that did more than $1.5 billion in revenue last year … Read more

NatSec Source: Trump ABRUPTLY ORDERS BOMBER FLEET OUT OF GUAM

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The U.S. Air Force has ended its uninterrupted rotations of bombers to Andersen Air Force Base on Guam, which have been ongoing since 2004, as it shifts to a less predictable concept of operations. Five B-52H Stratofortresses left yesterday with no replacement aircraft in place, bringing an end to what the service had called the Continuous Bomber Presence Mission. This … Read more

Dr. Campbell Woke Up…

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FINALLY. I guess it takes a situation like this to put things into perspective. To learn for the future Reduce global infrastructure dependency, improve local provision Have localised means of producing essentials such as drugs Lock down highlights the importance of our contact with the natural world Live with the other animals on the planet, … Read more

Texas reopening starting next week

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Gov. Abbott unveils plan to gradually reopen Texas The governor has emphasized it would be gradual and not everything would open all at once. Author: Michelle Choi, Jaime E. Galvan, Ciara Rouege (KHOU) Published: 7:10 AM CDT April 17, 2020 AUSTIN, Texas — Gov. Greg About issued a series of executive orders Friday that will help … Read more

Who Calls The Shots? Trump, The Governors, The Constitution, And The Re-Opening Of America

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(by Half Dollar) It’s a good question: “Who calls the shots”? This has certainly been one of the hot topics all week long, and during yesterday’s Coronavirus Task Force press briefing, the Trump Administration even unveiled their guidelines for re-opening America. Tom Woods has made an interesting podcast about this very issue and more. From The Tom Woods Show: … Read more

U.S. Oil Major Voluntarily Cuts 200,000 Bpd

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By Tsvetana Paraskova ConocoPhillips is reducing its 2020 capital expenditure for the second time in one month and is curtailing some production in Canada and the U.S. until market conditions improve, the oil and gas producer said on Thursday, joining other U.S. firms that have already cut spending budgets twice since the oil price collapse in early … Read more

As The Bottom 60% Lose Lives & Livelihoods, The Fed & The Top 10% Cheer Market Rebound

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Authored by Charles Hugh Smith via OfTwoMinds blog, If you have any doubt that the Fed and Wall Street will some day be dismantled, please re-read this “real life in America” list again. The pandemic is a stark, brutal spotlight on income/wealth inequality in America: while the top 10% who own the majority of the nation’s … Read more

President Trump’s Very Serious Tweets A Call to Rise up?

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Donald J. Trump @realDonaldTrump · 5m LIBERATE VIRGINIA, and save your great 2nd Amendment. It is under siege! Donald J. Trump @realDonaldTrump · 8m LIBERATE MICHIGAN! Donald J. Trump @realDonaldTrump · 9m LIBERATE MINNESOTA! LIBERATE VIRGINIA, and save your great 2nd Amendment. It is under siege! — Donald J. Trump (@realDonaldTrump) April 17, 2020 https://twitter.com/realDonaldTrump … Read more

S&P Repeating 2000 & 2007 Top In Time and Price?

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by Kimble Charting S&P 500 Index Chart Long-Term Chart Over the past two weeks, the stock market has rallied sharply, seeing the S&P 500 retraced 50 percent of the 2020 market crash. The quick burst higher has many feeling a sense of relief… but could this be an ominous sign? In today’s chart, we look at the S&P … Read more