Anonymous ID: f893c5 Feb. 15, 2021, 5:59 p.m. No.58152   🗄️.is đź”—kun   >>8169 >>8201 >>8256 >>8297 >>8301

Natural Gas Skyrockets Again to $500 as Blackouts Spread in U.S.

 

Natural gas for physical delivery in the U.S. was trading for as much as $500 per million British thermal units on Monday as demand for the heating and power plant fuel soared amid a deep freeze.

 

Gas at two hubs in the U.S. Midcontinent was trading at $500 per mmBtu and went for $240 at a third on Monday, according to traders. Spot gas has been trading for hundreds of dollars across the central U.S. since Thursday with a surge in heating demand triggering widespread blackouts and sending electricity prices soaring. The fuel normally trades in the region for less than $3 per mmBtu.

 

“It’s a shocking situation,” said Cody Moore, head of gas and power trading at Mercuria Energy America LLC. “It’s chaos. It’s crazy with the prices.” Mercuria booked hotel rooms for some of its employees in the Houston area so they could walk to the office instead of driving on icy roads. “Our first priority was to do whatever we can to keep the grid moving, the gas flowing properly, clients informed and regulatory agencies updated where required,” Moore said.

 

Among other news in U.S. gas markets Monday:

*Front-month natural gas futures jumped 3.3% to $3.01 per mmBtu

*Gas pipeline operator Oneok Inc. said its lines were “largely operational” but that the gas drillers it serves had seen their production decline due to the severe cold

*More than 30 gas pipelines have declared force majeure or have instituted operational flow orders, which restrict the amount of fuel shippers can put on their systems, according to East Daley Capital.

*Gas production has fallen by more than 10 billion cubic feet a day over the past week, data compiled by BloombergNEF show.

https://www.bnnbloomberg.ca/natural-gas-skyrockets-again-to-500-as-blackouts-spread-in-u-s-1.1563911

Anonymous ID: f893c5 Feb. 15, 2021, 6:06 p.m. No.58153   🗄️.is đź”—kun   >>8169 >>8201 >>8256 >>8297 >>8301

'''Chinese coast guard ships enter Japan's waters near Senkakus

 

Chinese coast guard vessels on Tuesday again entered Japan's territorial waters near the China-claimed Senkaku Islands, the Japan Coast Guard said.

 

Despite a Japanese government protest Monday over a similar incursion by Chinese vessels, two Chinese coast guard ships intruded into the waters near the group of uninhabited islets in the East China Sea around 4:15 a.m., according to the coast guard. The Chinese vessels, which are different ships from the previous day, pointed their bows toward a Japanese fishing boat and made a move to approach it, according to the coast guard.

 

The 9.97-ton fishing boat, with four people on board, was being guarded by Japanese coast guard patrol boats, it said. The repeated incursions come after a new law took effect in China at the start of this month explicitly allowing the Chinese coast guard to use weapons against foreign ships that Beijing sees as illegally entering its waters.

 

It is the seventh time this year that Chinese vessels have entered Japanese waters, according to the 11th Regional Coast Guard Headquarters based in Naha, Okinawa Prefecture.

https://asia.nikkei.com/Politics/International-relations/Chinese-coast-guard-ships-enter-Japan-s-waters-near-Senkakus

Anonymous ID: f893c5 Feb. 15, 2021, 8:24 p.m. No.58207   🗄️.is đź”—kun

Market Report

 

Japanese stocks, which hit a 30-year high in the previous session, extended their rally on Tuesday as progress in the distribution of coronavirus vaccines boosted expectations that the global economy is poised for a strong recovery. In addition, Bank of Japan Governor Haruhiko Kuroda said on Tuesday the recent stock rally reflected the global outlook, brushing aside views its monetary policy was fuelling a bubble. The Nikkei 225 Index rose 30,588.46 +504.31 +1.68% The broader Topix rose and at it's highest since June 1991 1,972.23 +18.29.

 

Benchmark U.S. Treasury yields rose to their highest levels since March on Tuesday on expectations for massive U.S. fiscal stimulus as investors bet on an extended period of ultra-easy monetary policy. Benchmark 10-year yields rose as high as 1.250% early in the Asian session, to the highest since March 20. The closely watched yield curve between two-year and 10-year notes steepened as short-term rates remained contained by expectations that the Federal Reserve will keep policy rates near zero for years to come. The curve steepened to as much as 113.40 basis points, the widest yield gap since April 2017. Demand for inflation-linked and long-dated debt will be tested this week when the Treasury Department sells $27 billion in 20-year bonds on Wednesday and $9 billion in 30-year Treasury Inflation-Protected Securities (TIPS) on Thursday. The U.S. dollar index, which measures the dollar against a basket of six major currencies, sat at 90.351, not far above a two-week low it struck last Wednesday. Ahead on Tuesday, investors are looking to eurozone growth estimates, a German sentiment survey and U.S. manufacturing data to gauge the relative pace of the world’s pandemic recovery.

 

Wheat at 1-week high as frigid U.S. weather lifts supply worries

  • Wheat jumps 2.4% to highest since Feb. 9 on U.S. weather worries

  • Soybean futures gain more ground, corn gains after closing lower

Chicago wheat futures rose to a one-week high on Tuesday, gaining more than 2%, as frigid temperatures in key U.S. growing areas raised worries about global supplies. Soybeans rose for a third consecutive session while corn bounced back. Commodity Weather Group last week estimated that 10% of the U.S. soft wheat crop and 15% of the hard wheat crop were at risk of damage from winterkill caused by freezing temperatures. Offering more support to agricultural commodities, global shares looked to extend their bull run to a 12th consecutive session on the back of optimism about an economic recovery. The U.S. Department of Agriculture on Friday said private exporters reported the sale of 195,338 tonnes of corn to Costa Rica and 115,577 tonnes of corn to Guatemala.

no frozen concentrated Orange Juice quotes?

https://www.reuters.com/article/global-grains/grains-wheat-at-1-week-high-as-frigid-u-s-weather-lifts-supply-worries-idUSL1N2KM04D

https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx

https://www.reuters.com/article/usa-bonds/treasuries-yields-retest-march-highs-on-u-s-recovery-optimism-idUSL4N2KM0B3

https://www.kitco.com/charts/livesilver.html

https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx

https://www.bloomberg.com/markets/stocks/futures

https://markets.businessinsider.com/commodities/wheat-price?op=1

Anonymous ID: f893c5 Feb. 15, 2021, 8:53 p.m. No.58209   🗄️.is đź”—kun   >>8256 >>8297 >>8301

02-5001 USAFSOC C-32B on descent for Tel Aviv Ben Gurion Airport for an early morning arrival from Rota NB ground stop.

 

This AC departed Eglin AFB earlier today and had a ground stop at Ft. Bragg prior to Rota arrival

 

>>57591 pb

SAM615 G5 arrived about this time last night

Anonymous ID: f893c5 Feb. 16, 2021, 6:43 a.m. No.58279   🗄️.is đź”—kun   >>8297 >>8301

Ex-Goldman Analyst, Brother Charged in Insider-Trading Case

 

A former Goldman Sachs Group Inc. analyst and his brother, a lawyer at a top London law firm, were charged with insider trading by U.K. financial prosecutors.

 

The pair, Mohammed Zina and Suhail Zina, were charged over trading in six stocks, the Financial Conduct Authority said in a statement Tuesday. Suhail Zina was a junior solicitor at Clifford Chance. Mohammed Zina, 32, who worked as an analyst at the bank’s unit that checks for business conflicts, pleaded not guilty at a London court, an FCA spokeswoman said. He left Goldman Sachs in 2018. Suhail, 33, left Clifford Chance the same year.

 

The total profit from the alleged trading by the brothers was 142,000 pounds ($198,000), the FCA said. The companies included ARM Holdings Plc, Alternative Networks Plc and Punch Taverns Plc. The brothers appeared at a London court Tuesday morning, where the case was transferred to a higher tribunal for a plea hearing on March 16. Lawyers for the men declined to immediately comment.

 

The FCA also brought fraud charges relating to three personal loans obtained from Tesco Bank, totaling 95,000 pounds. The loans were said to be for funding home improvements, but were instead used to fund the alleged insider dealing, according to the regulator. Goldman Sachs said in a statement that it cooperated with the FCA’s probe and that the firm itself wasn’t under investigation. A spokesman for Clifford Chance declined to comment.

 

The charges are the FCA’s first against an employee at an investment bank since the conviction of a former UBS Group AG compliance officer and a day trader in 2019.

https://www.wsj.com/articles/ex-goldman-sachs-analyst-and-brother-charged-in-u-k-insider-trading-case-11613484522

Anonymous ID: f893c5 Feb. 16, 2021, 6:54 a.m. No.58283   🗄️.is đź”—kun   >>8284 >>8297 >>8301

Looks like Pedotus is going to Milwaukee later today

 

Official Schedule

 

5:50 PM EST The President departs Joint Base Andrews en route Milwaukee, Wisconsin

7:30pm EST The President arrives in Milwaukee, Wisconsin

9:00pm EST The President participates in a CNN town hall

The C-17's delivering the equipment on Sunday-caps 1-2

Anonymous ID: f893c5 Feb. 16, 2021, 7:17 a.m. No.58289   🗄️.is đź”—kun   >>8297 >>8301

Myanmar junta charges Suu Kyi again to keep her under house arrest

 

Myanmar police filed a second charge against ousted State Counselor Aung San Suu Kyi on Tuesday, extending her house arrest.

 

Suu Kyi's lawyer Khin Maung Zaw said the ousted leader is being charged with violating the country's Natural Disaster Law, without elaborating further. Suu Kyi was first charged with illegally importing walkie talkies and meant to be held under house arrest until Wednesday.

Ousted President Win Myint also faced additional charges for violating the Natural Disaster Law on Tuesday. Meanwhile, in the first press conference held by the junta since it seized power on Feb. 1, Brigadier General Zaw Min Tun, spokesperson for the ruling State Administration Council, said, "The military will abide by the constitution," when he was asked about the detention of Suu Kyi and Win Myint. The two are in good health, said the brigadier general.

 

Over 400 politicians, activists, civil servants and students have been arrested since Feb. 1, including Sean Turnell, an Australian economic adviser to the state counselor. In the news conference, Zaw Min Tun blamed protesters for inciting violence and illegally pressuring civil servants to join the civil disobedience movement.

 

Myanmar authorities have been using firearms to disperse protesters. A woman was shot in her head, according to local reports. Multiple injuries from rubber bullets are being reported every day in different cities.

 

From Sunday, the military dispatched armored vehicles on the streets of Yangon and other major cities to prevent people from taking to the streets. Witnesses said on Tuesday that the demonstrating crowds, which had ballooned to tens of thousands last week, now only number in the hundreds in Hledan district, the commercial hub of Yangon.

 

However, Zaw Min Tun insisted that police are instead being attacked by demonstrators. A police officer had died after being wounded by "lawless actions," he claimed.

 

Zaw Min Tun continued to blame the turmoil on fraudulent general elections in November, and urged the media not to call the military seizure of power a coup. Poll watchdog Asian Network for Free Elections released an opposite assessment, lauding the Union Election Commission for successfully holding the November votes. "Polling and counting operations were conducted diligently and transparently," ANFREL said in its interim report.

 

The military on Tuesday pledged to return power to a civilian government. "Our objective is to hold an election and hand power to the winning party," said Zaw Min Tun.

https://asia.nikkei.com/Spotlight/Myanmar-Coup/Myanmar-junta-charges-Suu-Kyi-again-to-keep-her-under-house-arrest

Anonymous ID: f893c5 Feb. 16, 2021, 7:33 a.m. No.58290   🗄️.is đź”—kun   >>8297 >>8301

SAM652 USAF C-32A departed JBA (this AC has been used as AF2 in the past but not berry often)

TERRA97 USAFSOC C-32B departed JBA sw after a quick ground stop-inbound from McGuire AFB, NJ was call sign 02-4452 earlier

SAM791 USAF G5 on descent for Scott AFB just east of St. Louis

PUFFY88 US Navy E-6B Mercury on ground at MacDill AFB from Seymour Johnson AFB, Goldsboro NC depart

99-6143 USAFSOC C-32B done over Kinston and heading nw

Anonymous ID: f893c5 Feb. 16, 2021, 7:47 a.m. No.58293   🗄️.is đź”—kun   >>8299 >>8301

Citigroup cannot recoup Revlon payouts after nearly $900 million gaffe: U.S. judge

 

A federal judge on Tuesday said Citigroup Inc cannot recoup half a billion dollars of its own money that it mistakenly wired lenders of cosmetics maker Revlon Inc. U.S. District Judge Jesse Furman in Manhattan said the Aug. 11, 2020 wire transfers at issue were “final and complete transactions, not subject to revocation.”

 

The case stemmed from an incident where Citigroup, acting as Revlon’s loan agent, wired $893 million to Revlon’s lenders, appearing to pay off a loan not due until 2023. Citigroup had intended to send a $7.8 million interest payment, and blamed human error for the gaffe.

 

But while some lenders returned money they were sent, 10 asset managers refused, prompting Citigroup’s lawsuit to recoup the estimated $501 million they received.

https://www.reuters.com/article/citigroup-revlon-lawsuit/update-1-citigroup-cannot-recoup-revlon-payouts-after-nearly-900-mln-gaffe-us-judge-idUSL1N2KM1AS