Support for President Vladimir Putin has surged among Russians following his invasion of Ukraine to 83%

So apparently Russians believe the Ukraine invasion was the right thing to do. https://www.bloomberg.com/news/articles/2022-03-31/russians-embrace-putin-s-ukraine-war-as-kremlin-muzzles-dissent Support for President Vladimir Putin has surged among Russians following his invasion of Ukraine, according to the country’s leading independent pollster, even as a Kremlin crackdown …

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Nickel, used in stainless steel and electric-vehicle batteries, surged as much as 250% in two days to trade briefly above $100,000 a ton early Tuesday.

https://finance.yahoo.com/news/lme-suspends-nickel-trading-unprecedented-082125655.html (Bloomberg) — The London Metal Exchange suspended trading in its nickel market after an unprecedented price spike left brokers struggling to pay margin calls against unprofitable short positions, in a massive squeeze that has embroiled the largest nickel producer …

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Demand for Fed Reverse Repo Surges to New High Amid Cash Glut (Overnight Reverse Repos Surged To New High For Third Consecutive Day)

by confoundedinterest17 I call this the “Great Slosh.” (Bloomberg) — Usage at the Federal Reserve’s facility for overnight reverse repurchase agreements Wednesday surged to a new record high for a third consecutive day. Seventy-three participants took $813.6 billion, which exceeded Tuesday’s all-time high of $791.6 billion …

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Inflation surged in May to almost 5%, with consumer prices accelerating at the fastest pace in more than 12 years, right before the 2008 GFC.

Inflation surges as consumer prices leap 5%, biggest jump since 2008 – https://nypost.com/2021/06/10/inflation-surges-as-consumer-prices-leap-5-biggest-jump-since-2008/ Inflation continued to surge in May, with consumer prices accelerating at the fastest pace in more than 12 years as the economy emerges from the pandemic, the …

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