morning
slow start today
Planefag:Med and Gulf Activity
Saudis at Athens-advanced team for MbS visit tomorrow, 2 high level Israeli AF Surveillance ACs back to Nevatim AB-fairly common, Italian AF Falcon 50 SE over Iraq, Reaper drone out in Persian Gulf
Saudi AF HZ-103 G4 on on ground at Athens from Luton Airport, London after 2h stop-this not MbS' normal AC-he usually uses a 737 under callsign HZ-101-and his trip is scheduled for tomorrow in Athens-likely an advanced security team and picked up someone/thing at Luton
Saudi crown prince to visit Greece to sign energy, telecoms deals
https://www.channelnewsasia.com/world/saudi-crown-prince-visit-greece-sign-energy-telecoms-deals-2829801
Israeli AF 684 and 569 SIGINT ACs out of Nevatim-and looks like both are heading back to Nevatim: 684 is a Nachshon Shavit G550 Signals Intelligence (SIGINT) and 569 is a Nachshon Eitam G550 is Conformal Airborne Early Warning (CAEW) -both highly advanced surveillance ACs..the Italian AF have own version of this which is seen over Romania as PERSEXX or just by tail #
Drone out in the Persian Gulf-prolly a Reaper heading SE at 700ft and 103kts and from Kuwait
Italian AF IAM3110 Falcon 50 just entered Iraqi airspace heading SE from Rome depart
Planefag:Europe and some additional Med activity
Algerians departed Damascus, Moroccans left Thessaloniki Greece after quick stop, Omani Sultan left UK back to Muscat, Czechs and Slovenians to Brussels, P-8 over eastern Romania, usual NATO AWACS up over eastern Poland
Algerian AF 7T-VTPS west from Damascus, Syria (lime green dot and bottom right of cap) overnight and inbound from Baghdad yesterday-don't see too many traces originate in Syria-plenty of them can be traced back to Syria but rare to see one actually depart a specific area
Moroccan AF FRV0906 G6 NW from Thessaloniki, Greece stop of about 50 minutes
Bahrain AF RBAF701 appeared along Italy's spine heading NW
Czech AF CEF05F A310 on ground at Brussels from Prague depart along with Slovenia AF LSV101 Falcon 2000 heading that way both going to this...'''
EU countries rewrite plan to reduce gas consumption
https://news.am/eng/news/713387.html
Oman AF MJN522 A320 departed RAF Brize Norton after arriving on 0723 from Muscat
This is Sayyid Theyazin bin Haitham al Said
London: His Majesty Sultan Haitham bin Tarik on Saturday presided over the passing out of the 222nd Batch of officers at the Royal Military Academy Sandhurst (RMAS)
https://www.omanobserver.om/article/1122634/oman/his-majesty/hm-presides-over-passing-out-of-officers-at-sandhurst
US Navy AE67BF P-8 Poseidon over eastern Romania from Sigonella AB, Sicily
NATO01 E-3A Sentry AWACS over Lublin, Poland on the track
QID11 USAF KC-135 tanker was out in the Adriatic Sea on a refueling exercise with some F-16s out of Aviano AB heading back to RAF Mildenhall
>>143011 pb
BOXER41 USAF C-40B inbound to JBA from Prague departure earlier
Arrived at Prague on 0720 from Vienna, Austria and at Vienna on 0717 from JBA
SAM674 USAF C-40B departed Dover AFB after a ground stop of about 3h20m after arriving from JBA usually aWH NSO ACbut last used by J-J-Janet Yellen to go to Bali and Seoul Soko
PRJFKand berry interdasting callsign for Brazilian AF Embraer E-550 out of Orlando-Melbourne Int'l Airport-Embraer has a maintenance facility dhere and see these out occasionally'''
yep-they dumbing it down on purpose so they can be 'surprised' when it levels off-still gonna go up a tad (or mebby not-possibruh it could drop a tenth because of the level off from last year) but we've been over this so many times what they doin'
they had already said the CPI#s were "out-of date" before they were even released last time
edit fer correction ^^
fuggen spell check dumbing not doomin
>>143840, >>143848 lb The 'Silver Whale' Story: What is it attempting to address IF it is true
Just gotta lubs this-they spend the whole weekend (most of the youtubers) sperging on the "whale story" but don't habs nothing but the original story which are just statements-let's see some invoices (at the very least show us the follow on order where you are trying to get them from since yer name is already out (the dealers is) (also can make one up too)
If that "whale" went through only ONE place to do this.....:I
All that remains to be seen-the reality of it..it's kinda like that Ugandan Gold story a few weeks back >>140631 where they say they "found" what amount to 2/3rds of all the Gold ever officially mined on the planet (in Ore deposits) but offered no data (like core samples, drilling etc) and the price of Au went up on the first mention of that on June 13th but like Ag back down..Ag moved up on the wider release of that-the Eagle Whale story but it right back down.
SSDD and right after the NYMEX open-at least they are waiting nao
>>143588 pb Realtor.com Reports Weekly Inventory Up 29% Year-over-year
Housing Inventory July 25th Update: Up 30.5% Year-over-year
Inventory is increasing rapidly. Inventory bottomed seasonally at the beginning of March 2022 and is now up 118% since then. More than double! Altos reports inventory is up 30.5% year-over-year and is now 20.2% above the peak last year. As of July 22nd, inventory was at 526 thousand (7-day average), compared to 509 thousand the prior week.
Inventory was up 3.3% from the previous week. Inventory is increasing much faster than normal for this time of year (both in percentage terms and in total inventory added). Inventory is still historically low. Compared to the same week in 2021, inventory is up 30.5% from 403 thousand, however compared to the same week in 2020 inventory is down 17.9% from 640 thousand. Compared to 3 years ago, inventory is down 45.8% from 969 thousand.
Cap #2 is a graph of the inventory change vs 2021, 2020 (milestone 3 above) and 2019 (milestone 4). The blue line is the year-over-year data, the red line is compared to two years ago, and dashed purple is compared to 2019. Two years ago (in 2020) inventory was declining all year, so the two-year comparison will get easier all year.
https://www.calculatedriskblog.com/2022/07/housing-inventory-july-25th-update-up.html
NYFRB Mortgage Backed Securities Op continues to be done early...today they accepted $832m while the system 'brought' $2.912B for sale to them
They are Fannie/Freddie Mac 30 year Bonds
https://www.newyorkfed.org/markets/desk-operations/ambs
Hello?? it's maintenance and you lucky they aren't doing it in the ded of winter cause if VP really wanted ta fuq you it'd be done then (see below on what he TOLD you all to do last winter)...what do you expect when it has to have to work on it? It keeps flowing?...MORANS and go talk to Siemens but they have "no comment"
Russia cuts Nord Stream flows further, escalating gas fight
Russia plans to curb natural gas flows on the Nord Stream pipeline less than a week after bringing the link back from maintenance jolting European energy markets and escalating concerns over a supply crunch on the continent this winter.
Gazprom PJSC will cut shipments via the link to Germany to about 20 per cent of its capacity from 7 a.m. Moscow time on Wednesday, the Russian gas giant said in a statement. One more gas turbine, crucial for the supply, is due for maintenance and will be taken out of service then, according to the company. Gas had been flowing through the pipeline the main gas conduit from Russia to the European Union at about 40 per cent of capacity since it returned from 10 days of maintenance on July 21. That’s about the same level as before the works.
Benchmark European gas prices soared as much as 12 per cent on the news and French year-ahead power jumped to a record. Europe is in the grips of its worst energy crisis in decades, and governments have been racing to fill gas storage sites ahead of winter. The supply crunch has seeped into the broader economy, contributing to concerns about a possible recession and raising the risk of gas rationing during the colder months.
(Mebby you should have ordered moar of it-and stored it when VP told you last year to do that...you din't and now using maintenance as the fuggen political football here)
A spokeswoman for Germany’s economy ministry said the government is “monitoring the situation very closely” together with the Federal Network Agency. “According to our information, there is no technical reason for a reduction in deliveries” of gas, the spokeswoman said by email.
Approval requirements for the delivery of the turbine in question had been met, she said, adding that Canada had granted the exemption needed under Canadian law and no exemption was required according to EU sanctions regulations. President Vladimir Putin last week warned that Nord Stream flows could fall further if a spat over its turbines, which help pump gas through the network, isn’t resolved. The units, manufactured by Siemens Energy AG, need to go to Canada for maintenance, and sanctions-related delays threaten their timely return.
One turbine that was recently serviced is now stuck en route to Russia from Germany amid delays related to paperwork. The arrival of that component would allow flows at 40 per cent, Putin has said. Since only one turbine is now left in working condition in Russia, based on Gazprom’s statements, the part from Canada will be the second one. Normally, the station needs six major turbines.
Earlier Monday, Gazprom said there were still sanctions-related issues around the turbine now on its way back to Russia, even though Siemens had provided the company with some paperwork, as well as around the other units that need to be repaired.Siemens declined to comment.
https://www.bnnbloomberg.ca/russia-cuts-nord-stream-flows-further-escalating-gas-fight-1.1796580
They can't ship this out fast enough with these manufactured stories and the Germans/Siemans playing hide muh turbines with the Canadians and the sanctions-what that does it let the US export at these record high prices but we start to lose inventory and that was slowed starting in early June (the exports) with the Freeport shutdown
The U.S. Becomes World’s Top LNG Exporter
A perfect storm of bullish factors has made the United States the world’s top exporter of LNG. U.S. LNG exports rose by 12% in the first half of 2022 compared with the second half of 2021.
The United States is shipping record volumes of LNG to Europe to help EU allies in their efforts to fill gas storage ahead of the winter.
High demand in Europe, high natural gas prices, and increased export capacity made the United States the world’s largest exporter of liquefied natural gas (LNG) in the first half of 2022, the U.S. Energy Information Administration said on Monday.
U.S. LNG exports rose by 12% in the first half of 2022 compared with the second half of 2021, and averaged 11.2 billion cubic feet per day (Bcf/d) between January and June 2022, the EIA said, citing data from CEDIGAZ. Thus, the United States beat Australia and Qatar, the other two major LNG exporters.
Spot LNG prices in Europe and Asia have held much higher than historical norms since the last quarter of 2021, and reached record highs earlier this year after the Russian invasion of Ukraine. Europe is importing growing volumes of American LNG as it looks to replace as much Russian pipeline supply as possible. Moreover, U.S. LNG export capacity has expanded by 1.9 Bcf/d nominal (2.1 Bcf/d peak) since November 2021, according to EIA’s estimates.
The United States is shipping record volumes of LNG to Europe to help EU allies in their efforts to fill gas storage ahead of the winter amid growing uncertainty about Russian gas supply. For the first time ever, the European Union imported in June more LNG from the United States than gas via pipeline from Russia, as Moscow slashed supply to Europe in the middle of last month (see above..it's the maintenance AND you have to ship to turbines to Canada-who have sanctions member? to get serviced-they knew ALL of this yet continue to blame Russia) Most U.S. LNG exports went to the EU and the UK during the first five months of 2022, accounting for 71%, or 8.2 Bcf/d, of the total American LNG exports, the EIA said today.
U.S. LNG exports are set to decline in the second half of 2022 because of the outage at Freeport LNG >>138068, >>138946 pb (and that outage was allowing our falling reserves to be replenished but they also took out another one a few weeks later in Oklahoma >>142461, >>142464, >>142465 pb ), the EIA said in its latest Short-Term Energy Outlook (STEO) for July. U.S. LNG exports are forecast to average 10.5 Bcf/d in the second half of 2022, which is 14% less than the forecast in the June 2022 STEO. The EIA expects LNG exports will jump in 2023, averaging 12.7 Bcf/d on an annual basis, or 17% higher than in 2022.
https://oilprice.com/Energy/Natural-Gas/The-US-Becomes-Worlds-Top-LNG-Exporter.html
https://www.eia.gov/todayinenergy/detail.php?id=53159
o7
Sultan Bluh-blu-bluh went to Istanbul-Oman AF MJN522 A320 on ground at Sabiha Gökçen International Airport from RAF Brize Norton departure
Moroccan AF FRV0906 G6 went to Paris-Le Bourget from it's Thessaloniki, Greece depart
Of course it's a not current one (former) AND Republican congressman but Paul Pelosi-via Nancy-can do this all the time plus get DUIs at the same time
SEC charges ex-congressman with insider trading over buys of Sprint, Navigant stocks
The Securities and Exchange Commission on Monday said it has filed insider trading charges against Steve Buyer, a former Republican congressman from Indiana. The SEC said Buyer bought $568,000 in Sprint stock in his own accounts and other accounts after a T-Mobile TMUS, 1.49% executive told him at a March 2018 golf outing about the planned merger of the two wireless carriers before the deal had been made public, with those trades providing an immediate profit of more than $107,000. The regulatory agency also said Buyer bought more than $1 million in Navigant Consulting shares in 2019 across several accounts ahead of a public announcement that the company would be acquired by Guidehouse, with those trades providing a profit of more than $227,000. T-Mobile and Guidehouse had been clients of a consulting business that Buyer established after leaving the U.S. House of Representatives. "When insiders like Buyer - an attorney, a former prosecutor, and a retired Congressman - monetize their access to material, nonpublic information, as alleged in this case, they not only violate the federal securities laws, but also undermine public trust and confidence in the fairness of our markets," said Gurbir S. Grewal, director of the SEC's enforcement division, in a statement. "We are committed to doing all we can to maintain and enhance public trust by leveling the playing field and holding Buyer accountable for illegally profiting from his access." Some Democratic and Republican lawmakers have been pushing for a ban on buying and selling of individual stocks by current members of Congress.
https://www.marketwatch.com/story/sec-charges-ex-congressman-with-insider-trading-over-buys-of-sprint-navigant-stocks-2022-07-25
TITAN25 USAF E-4B NightwatchSec. of Defense Lloyd Austindeparted Miami Int'l Airport SE after a 3h20m ground stop-arriving earlier from JBA
This callsign is used by Secretary of Defense for Int'l travel
It arrived at JBA yesterday from Lincoln Muni Airport, NE
Secretary of Defense Lloyd J. Austin III @SecDef
What a pleasure it was getting to know some of the outstanding young service members serving at @Southcom
. Thanks for speaking with me about the big issues on your minds, and thanks for everything you do to keep your nation safe each and every single day.
https://twitter.com/SecDef/status/1551617024719290368?cxt=HHwWgIC8ndLduYgrAAAA
Natural-gas futures rally by more than 5%; oil prices finish higher
Natural-gas futures climbed by more than 5% on Monday, supported by hotter-than-usual weather throughout much of the U.S., which has boosted demand for the commodity as a power source, analysts said. The rise in U.S. prices also follows a rally in European prices for the commodity, with Dutch TTF gas futures up nearly 12% Monday-cap#2. Russian state-owned energy producer Gazprom said natural-gas exports through the Nord Stream pipeline to Germany would drop to 20% of the pipe's capacity, down from the current 40% of capacity, The Wall Street Journal reported Monday. August natural NGQ22, 6.11% rose 43 cents, or 5.2%, to settle at $8.727 per million British thermal units on the New York Mercantile Exchange. August West Texas Intermediate crude clq22, meanwhile, added $2, or 2.1%, to settle at $96.70 a barrel-cap#3
https://www.marketwatch.com/story/natural-gas-futures-rally-by-more-than-5-oil-prices-finish-higher-2022-07-25
https://www.marketwatch.com/investing/future/NGQ22
https://www.barchart.com/futures/quotes/TG*1
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
they purposefully don't come here to give the impression that this is where it originates from-everything else blamed on us here so why would the change that?
VP with a little R&R over the weekend at Sochi
Russian AF RA96108 Ilysuhin II-96 departed Moscow earlier today-spent about 3 hours on the ground at Sochi and back to Moscow
VP dropped off on Friday at Sochi here is the outbound flight >>143538 pb and Cap#2 is it returning back to Moscow about 6 hours later
#974
>>143862 “If Covid was a battlefield it would still be warm with the bodies of the unvaccinated…” the unjabbed will be#vindicated
>>143874 Planefag:Med and Gulf Activity-Saudis at Athens-advanced team for MbS visit tomorrow, 2 high level Israeli AF Surveillance ACs back to Nevatim AB-fairly common, Italian AF Falcon 50 SE over Iraq, Reaper drone out in Persian Gulf
>>143875, >>143876 Looks like KekOps is a thing
>>143877 There are no blue states. Just 15-20 big blue cities trying to tell the rest of us how to live
>>143878 Desantis: "speedy recovery from COVID (for Potato) and speedy recovery from Potato"
>>143879, >>143883 The White House is working overtime trying to get in front of this weeks horrible economic report.
>>143881 @realDonaldTrump: Dick Morris in interview with Governor Mike Huckabee: “God spared me in order to get Trump Re-Elected.” Wow! Thank you Dick. MAGA!
>>143882 Planefag:Europe and some additional Med activity-Algerians departed Damascus, Moroccans left Thessaloniki Greece after quick stop, Omani Sultan left UK back to Muscat, Czechs and Slovenians to Brussels, P-8 over eastern Romania, usual NATO AWACS up over eastern Poland
>>143888 BOXER41 USAF C-40B inbound to JBA from Prague departure earlier/SAM674 USAF C-40B departed Dover AFB after a ground stop of about 3h20m after arriving from JBA usually a WH NSO AC/PRJFKand berry interdasting callsign for Brazilian AF Embraer E-550 out of Orlando-Melbourne Int'l Airport
>>143891 ZULU82 did40as in "on 40 yard line"? today
>>143892, >>143893 Ag dropped in front of Weds FOMC rate hike-do it again tomorrow so it doesn't get over $19 upon Weds rate hike release
>>143894 Housing Inventory July 25th Update: Up 30.5% Year-over-year
>>143895 You simply can’t beat a view like this! #MotivationMonday
>>143896 NYFRB Mortgage Backed Securities Op continues to be done early...today they accepted $832m while the system 'brought' $2.912B for sale to them
>>143899 Russia cuts Nord Stream flows further, escalating gas fight..umm he told you ALL last winter to do wut? order moar and store it..you din't
>>143902 The U.S. Becomes World’s Top LNG Exporter..of course becasue of the 'drama' the Germans are playing with muh turbines
>>143906 AE67B0 US Navy P-8 Poseidon from NAS Whidbey Island off SoCal at 3k ft-likely droppin' a buoy
>>143907 Bahrain AF RBAF701 C-130J Super Hercules went to Geneva
>>143909 Active shooter at Dallas Love Field, 6 people shot dead at Mexican drug rehab center, Multiple shootings in downtown Langley (really) British Columbia-one person has been arrested
>>143912 TITAN25 USAF E-4B NightwatchSec. of Defense Lloyd Austin departed Miami Int'l Airport SE after a 3h20m ground stop-arriving earlier from JBA-"What a pleasure it was getting to know some of the outstanding young service members serving at @Southcom"
>>143914 Natural-gas futures rally by more than 5%; oil prices finish higher , Dutch gas finished up 10.48%
>>143918 VP with a little R&R over the weekend at Sochi: Russian AF RA96108 Ilysuhin II-96 departed Moscow earlier today-spent about 3 hours on the ground at Sochi and back to Moscow-dropped him off friday 0722
TheY know the top is in with all the inventory coming online-different scenario as homes this expensive take longer to sell but a ringing of the bell nevertheless
Mark Zuckerberg Sells San Francisco Home for a Record $31 Million
Facebook co-founder Mark Zuckerberg has sold his San Francisco house for $31 million, the most expensive home sale in the city this year, according to The Real Deal.
The Meta Platforms CEO paid about $10 million for the house in November 2012, according to Redfin. Located in the secluded Liberty Hill neighborhood off Dolores Park, the more than 7,000 square foot house is close to the Mission District and the Zuckerberg San Francisco General Hospital and Trauma Center. The home was built in 1928 and sits on a quarter-acre lot, the listing says. Zuckerberg bought the home months after Facebook went public. In 2013, he and his wife, Priscilla Chan, undertook a multi-million dollar renovation project, with additions including a laundry room, wine room, wet bar and greenhouse, along with other upgrades, according to SFGate.
The tech billionaire owns several other properties in Silicon Valley, Lake Tahoe and Hawaii, according to Insider.
https://www.bnnbloomberg.ca/mark-zuckerberg-sells-san-francisco-home-for-a-record-31-million-1.1796761
TITAN25 USAF E-4B Nightwatch went to Brasilia, Brazil (landed about 35 minutes ago) from Miami Int'l Depart
Attending Conference of Defense Ministers of the Americas (CDMA)
The Conference of Defense Ministers of the Americas (CDMA) is a multilateral international political meeting, initiated in 1995, whose objective is to promote mutual knowledge, analysis, debate, exchange of ideas and experiences in the field of defense and security.
The Conference has a two-year cycle, during which a member country assumes the presidency of the Conference. Brazil has been designated as the host country for 2021-2022 (XV CDMA). The CDMA is composed of 34 Ministries of Defense and Security of the Americas, belonging to the following countries: Antigua and Barbuda, Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Canada, Colombia, Chile, Costa Rica, Dominica, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Saint Lucia, Saint Vincent and the Grenadines, Saint Kitts and Nevis, Suriname, Trinidad and Tobago, United States of America, Uruguay and Venezuela.
https://cmdabrasil.defesa.gov.br/en/menu-en/o-que-e-o-cmda-menu/descricao
CAPEXUS Navy C-130T Hercules back to JBA from New Orleans NAS JRB after 2h17m on ground
Capital expenditures (CapEx) are funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technology, or equipment. CapEx is often used to undertake new projects or investments by a company. Making capital expenditures on fixed assets can include repairing a roof (if the useful life of the roof is extended), purchasing a piece of equipment, or building a new factory. This type of financial outlay is made by companies to increase the scope of their operations or add some future economic benefit to the operation.
https://www.investopedia.com/terms/c/capitalexpenditure.asp
>>143854 lb
C101 US Coast Guard G5 just landed at Seattle, Boeing Filed after Anchorage overnight
FORGE63 US Army G5 on ground at JB-Lewis-McChord from JBA depart earlier today-it shows as it's tail # 02-01863 and is one of the PAT flights when traveling overseas
morning
other than being attached to a phone for most of the (again) Ima werking on the daily yerp update now-in soon and then I will catch up what I missed yesterday
Looks like 45 speaks today at 3pm est
Planefag:Europe Hungarians departed Brussels after Orban hurt dhere fee-fee's, Slovenians on ground at Rzesow Airport, Poland, Canadians just left Rzesow HOMER21 Rivet Joint back to Souda Bay with RAF RRR7226 Rivet Joint done over Black Sea, US Navy west from Tblisi, Georgia stop of about 2h
Hungarian AF HUAF326 A319 departing Brussels Int' after a 7h28m on the ground and don't think this is Orban as he usually uses a Falcon AC however this is wut is going on with him and Brussels nao-lime green dot
On Orbán’s ‘race mixing’ comments, Brussels stays quiet
yes they stay"quiet" but then do this...
excerpt
'''The Commission is currently withholding billions in pandemic relief funds from Hungary, insisting Budapest first adopt reforms to its judicial system and contract-bidding process. Brussels is also threatening to cut back regular EU budget payments to Budapest over rule-of-law concerns.
https://www.politico.eu/article/on-hungary-viktor-orban-racing-mixing-comments-brussels-looks-the-other-way/
Slovenian AF LSV101 Falcon 2000 departed Brussels Int'l earlier today after arriving yesterday and went back to Ljubljana, Slovenia for about 1h50m andnow on ground at Rzedow Airport Polandthink this is Slovenian President Borut Pahor and they have an election coming on Oct 23-red dot
Canadian AF CFC4002 C-17 Globemaster departed Rzesow Airport after 1h40m load out-inbound from Prestwick Int'l (Edinburgh's Int'l Airport)
Italian AF IAM1412 KC767 back to Pisa after refueling werk north of Bucharest
HOMER21 USAF RC-135 Rivet Joint back to Souda Bay Crete after it's Romanian patrol-also have RAF RRR7226 RC-135 River joint done over Black Sea heading WN
CNV6726 US Navy C-130T departed Tblisi, Gerogia after ground stop of a tad over 2h and arrived from Sigonella AB, Sicily: P-8 Poseidons, RQ-4 Global hawk drones run out of dhere
2 USAF JUMP11 C-130J Super Hercules and 13-5778 USAF MC-130J Commando II out of Aviano AB NW
Fer a change they din't hit this (Silver) in front of the FOMC meeting..so far-still think they 'hit it' so it has no chance of going over $19 on Weds after 2pm est and as mentioned Jerry then opens mouth and the markets (indices) get sky'd
https://www.kitco.com/charts/livesilver.html
It's already looking pretty tired and 'ripe' for a paper drop-the weekly print comes up at 1:30pm est as well
The markets 'reacting' to Walmart results from yesterday after close and the reality of having to carry all that inventory that nobody wants-all the big box retailers in same boat her. Walmart almost at 2x daily average but still not below what it hit in after-hours trading @-9+% and the CME FEDWatch shows that 75bp (0.75%) at 75.1% and a 24.9% chance of a full 1% so they are trying to influence here this close-remember GDPNOW gets 'updated' tomorrow and will certainly have an effect on what this looks like shortly before the FOMC release.
https://finance.yahoo.com/quote/WMT
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
This will only continue to worsen but there will be a pickup after tomorrows rate rise as they scramble to not "miss the boat" so you'll see an uptick in Mortgage Applications but that may not show up until the week after as there are only 2 days left in this week after the FOMC announcement
New Home Sales Decrease Sharply to 590,000 Annual Rate in June
The Census Bureau reports New Home Sales in June were at a seasonally adjusted annual rate (SAAR) of 590 thousand.
The previous three months were revised down significantly.Sales of new single‐family houses in June 2022 were at a seasonally adjusted annual rate of 590,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 8.1 percent below the revised May rate of 642,000 and is 17.4 percent below the June 2021 estimate of 714,000. Cap #1 shows New Home Sales vs. recessions since 1963. The dashed line is the current sales rate. New home sales are now below pre-pandemic levels.
Cap #2 shows New Home Months of Supply. The months of supply decreased in June to 9.3 months from 8.4 months in May.
The all-time record high was 12.1 months of supply in January 2009. The all-time record low was 3.5 months, most recently in October 2020. This is well above the top of the normal range (about 4 to 6 months of supply is normal). Cap#3 shows sales NSA (monthly sales, not seasonally adjusted annual rate)."The seasonally‐adjusted estimate of new houses for sale at the end of June was 457,000. This represents a supply of 9.3 months at the current sales rate." The all-time high for June was 115 thousand in 2005, and the all-time low for June was 28 thousand in 2010 and in 2011. This was well below expectations, and sales in the three previous months were revised down significantly.
https://www.calculatedriskblog.com/2022/07/new-home-sales-decrease-sharply-to.html
>>143679 Economic Schedule for Week of July 24, 2022
>10:00 AM: New Home Sales for June from the Census Bureau- The consensus is for666thousand SAAR, down from 696 thousand in May.
from June 25th >>140569 IMF Slashes US Growth Forecast But Claims Recession Will Be 'Narrowly Avoided' "
All setting up as predicted over the last few months-they all rush to lower and fear-pron it (when they ignored it earlier) so that when the next two CPI#s actually show inflation will slow (because of gas prices going down AND the minute leveling off in July/August CPI#s last year) they can declare victory and then reverse these out
IMF warns global economy teetering on brink of recession as it slashes growth outlook-but still projects growth!
IMF downgrades economic outlook as it projects higher inflation globally. The International Monetary Fund on Tuesday slashed its global growth outlook for 2022 and 2023, warning the world economy faces a "gloomy and more uncertain" future that could include a recession.
The Washington-based (and 60% funded by) institution said in its latest World Economic Outlook that global gross domestic product will grow by 3.2% this year – a 0.4 percentage point drop from its April estimate. The IMF expects global growth to decelerate further to 2.9% next year, which is a 0.7 percentage point decline from its previous estimate. By comparison, the economy grew by 6.1% last year following the brief but extremely severe recession in 2020.
The revised outlook come as the economy confronts a slew of challenges including ongoing fallout from the Russian war in Ukraine, the hottest inflation in decades and continued COVID-19-related lockdowns in China that have fueled a worse-than-anticipated slowdown in the country. Inflation has climbed more quickly than the IMF expected and broadened throughout the economy. The fund now projects that consumer prices will accelerate even further this year – hitting 6.6% in wealthy countries and 9.5% in developing nations – the result of rising food and energy prices, as well as continued supply and demand imbalances.
https://www.foxbusiness.com/economy/imf-warns-global-economy-teetering-brink-recession-slashes-growth-outlook
Exchange Stabilization Fund
America's Darkest Secret: The Exchange Stabilization Fund
https://steemit.com/informationwar/@richq11/america-s-darkest-secret-the-exchange-stabilization-fund
00-9001 USAFSOC C32B departed McGuire AFB and heading NE over New Hampshire-this may be a certification (training) and/or maintenance flight as these have been inactive (at least visibly) for some time and ACs are not like automobiles you need to fly them or they deteriorate rapidly-cars need to be used too but ACs on an entirely different level
82-8000 USAF 747 went up to Harrisburg, PA Int'l Airport for some runway shots and back to JBA-since Joe ain't going nowhere this is a cert flight
C102 US Coast Guard G5 departed Orlando Int'l Airport south after arriving yesterday from Reagan National depart and rounding Cuba-this is the newest Coast Guard G5 and likely heading to Brasilia where got muh nighwatch back Lloyd Austin is >>143923 as one of these GC ACs was along with the Nightwatch when it went to Singapore in June and here it is departing Singapore after TITAN25 left Singapore and went to Bangkok >>138889 pb
Desperation to drop gas prices in front of election ..mebby this time try NOT to sell it to China?...
Biden To Sell Additional 20 Million Barrels Of Oil From Strategic Reserve Just Ahead Of The Midterms
Over the past three months, the Biden admin - desperate to lower the price of gasoline and avoid a crushing defeat for the Democrats in the midterms - has been selling roughly 1 million barrels a day from the Strategic Petroleum Reserve, which has been drained by 125 million barrels so far in 2022, with nearly 70 million barrels already delivered to purchasers including several million going to China, roughly two thirds on the way to the original stated goal of 180 million barrels in SPR release (it is still unclear how Biden getting crushed in the polls amounts to an "emergency"). But with oil still stubbornly sticky and the midterms looming, the White House found itself at a loss how to lower gas prices further - without of course actually increasing domestic US production as that would mean also losing the progressive/socialist/green-fanatic vote. Which is why on Tuesday morning, the Biden administration said it will sell an additional 20 million barrels of oil from the Strategic Petroleum Reserve held in hollowed-out salt caverns on the coasts of Louisiana and Texas, as part of the previous plan to tap the facility to lower oil prices, and bringing total sales to 200 million. The sales will take place in September and October,and are set to conclude just days before the November midterm elections.(now wouldn't a rate decline from the FOMC just be the icing on the cake-remember they meet on Nov. 1-2, 2022) It wasn't clear how much of the incremental barrels will go to China.
A senior administration official told reporters that the SPR releases have been a "supply lifeline" to oil and refining companies as the industry continues efforts to get oil production back online after declines during the peak of the COVID-19 pandemic. What he meant is that the SPR releases have been the only thing that has prevented Biden's approval rating - already record low - from going negative. The official also said that replenishment of the SPR - which of course will have to buy a massive 200 million barrels after the Democrats are crushed in the midterms - will take place after fiscal 2023, which ends in Sept 2022, meaning that with traders anticipating what is about to be the biggest telegraphed oil purchase order in history, the US may well end up paying hundreds of dollars per barrel. One can only hope that China doesn't invade Taiwan when the SPR is at its current level, the lowest since 1984.
Remarkably, the "energy experts" at the White House published some back of the envelope voodoo, according to which the 125 million barrel SPR drain has resulted in a 40 cent drop in gas prices. Well guess what happens when it comes time to replenish it. (derp!! yeah they can't see past Nov so don't care) News of the additional SPR release sent the price of oil from session highs to session lows.while sending the spread between WTI and Brent to $9, the widest since April 2020.
https://www.zerohedge.com/markets/biden-sell-additional-20-million-barrels-oil-strategic-reserve-just-ahead-midterms
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
Here we have a situation where default suits (((them))) because they needs to create the scenario where he gets moar munee
Naftogaz Says Default Is Inevitable After It Missed Payments
Ukraine’s state-owned energy company said it’s on track to default on its foreign bonds after the government issued a decree last week compelling it to pursue a debt moratorium that creditors have so far rejected. A grace period for NJSC Naftogaz Ukrainy to redeem $335 million of international bonds is due to expire on Tuesday. Without the consent of bondholders for a moratorium, or permission from the government for Naftogaz to make the payment, the missed transfer could trigger a cross default event on at least $1.4 billion of its foreign notes.
“It is acknowledged that certain Events of Default have or will occur as a result of the Resolution and the resulting failure to pay,” the company said in a statement, referring to the Kyiv government’s decree on Friday. Naftogaz said earlier that it had always planned to continue servicing its foreign debts, despite Russia’s ongoing invasion.
According to Naftogaz CEO Yuriy Vitrenko, those efforts were derailed earlier this month after the government suddenly demanded that the company stockpile 19 billion cubic meters of natural gas ahead of the winter heating season, and pushed it to negotiate a two-year bond payment delay. Such a freeze would free up $546.6 million for the company, according to Bloomberg calculations. The government itself is seeking a two-year pause on its own foreign bond payments. While foreigners are inclined to grant the sovereign relief, holders of Naftogaz’s bonds say its balance sheet is sufficiently robust to let it pay and argue that the request for a delay has come too late to hold proper talks. Separately, Prime Minister Denys Shmyhal said the government also wants to see two-year bond payment delays at state road operator Ukravtodor and state energy company NPC Ukrenergo.
Naftogaz has nowhere left to turn. (of course ! nowhere left so...picrel) On Friday, the cabinet decreed that the energy company would need government approval for any transaction with shareholders. As the grace period ticked down, the company’s first request for permission to make the payments was rejected. A second request was ignored.
Even with the deadline approaching, Naftogaz said it is working on a new restructuring proposal.
https://www.bnnbloomberg.ca/naftogaz-says-default-is-inevitable-after-it-missed-payments-1.1797211
>>143789 lb Credit Suisse Mulls Job Cuts as Losses Mount and background on CS, BoD member Blythe Masters/CFTC and US Mint fuggery past posts
Credit Suisse CEO Thomas Gottstein set to depart
Credit Suisse Group AG is set to announce the departure of Chief Executive Thomas Gottstein, the Wall Street Journal reported on Tuesday, citing people familiar with the bank. The timing of Gottstein's exit could not be determined but an announcement could come as soon as Wednesday, when the bank reports its quarterly results, the report said. Credit Suisse did not immediately respond to a Reuters request for comment. The report also said it could not be determined who would replace Gottstein.
https://www.reuters.com/business/finance/credit-suisse-ceo-thomas-gottstein-set-depart-wsj-2022-07-26/
Pleas see below on the "goodwill" entry in the qtrly releases...it is not just limited to SPAC/Rs it is SYSTEMIC and every major company does it-it's the "go to" accounting entry for when you need help with a write-off or trying to hide something as well-it is and has been highly abused for decades-cap #1 relates to Google's use of it and this is just two examples from 2018 and 2019
Shhh! Don’t Tell the Public that their Investor Advocate at the SEC Has Gone Poof, Along with His Most Recent Reports
His name is Rick Fleming and there is a very good chance that you’ve never heard of him. Now, there’s a very good chance that you’ll never see the reports that he meticulously compiled twice a year over the past eight years that he served in the role of Investor Advocate on behalf of retail investors at the Securities and Exchange Commission. If you click on this SEC link where his reports are supposed to be housed, you’ll find that the majority of his reports since 2019 result in an “Oops! Page Not Found” message.
The role of Investor Advocate at the SEC was created under the Dodd-Frank financial reform legislation of 2010 following the greatest financial collapse since the Great Depression, which resulted from unparalleled corruption on Wall Street and inept federal oversight. The Dodd-Frank legislation clearly intended for the Investor Advocate to be immediately appointed by the Chair of the SEC in 2010 because the legislation calls for the Investor Advocate to file his report on priorities “Not later than June 30 of each year after 2010″ and the annual report of his office’s activities for the prior year “not later than December 31 of each year after 2010.” But just as President Obama never got around to hiring the Dodd-Frank mandated Vice Chair for Supervision at the Federal Reserve throughout his time as President, Obama’s SEC Chairs did not get around to appointing an SEC Investor Advocate until four years after Dodd-Frank was signed into law.
Fleming was appointed by SEC Chair Mary Jo White and assumed the role as Investor Advocate on February 24, 2014. White had served as defense counsel to some of the largest firms on Wall Street as a partner at Debevoise & Plimpton. Between herself and her husband, John White, a law partner at Cravath, Swaine & Moore, they had represented most of the major trading houses on Wall Street. Mary Jo White signed an ethics disclosure letter advising that she would “retire” from her position representing Wall Street banks at the law firm Debevoise & Plimpton upon confirmation as SEC Chair. Instead, she returned to Devevoise & Plimpton after her stint as SEC Chair was over. The Dodd-Frank legislation called for the SEC Chair to consult with fellow Commissioners on the SEC in making the appointment of the Investor Advocate. That likely resulted in the appointment of the highly-credentialed Fleming, who had spent fifteen years as a state securities regulator, including more than a decade as General Counsel for the Office of the Kansas Securities Commissioner. Fleming had moved to Washington, D.C. in 2011 to become the Deputy General Counsel for the North American Securities Administrators Association (NASAA), the organization of state securities regulators, a well-respected group. After surviving the multitude of purges throughout the Federal government under the four years of Donald Trump’s administration, why has Fleming left now? His departure was announced on May 27 by the SEC and his last day was July 1, one day after his June 30 report on his priorities for 2023 was due to Congress. To answer why Fleming has gone poof from the SEC, we felt it would be necessary to get our hands on the Investor Advocate’s most recent reports to Congress, which we were able to do. The annual report for 2021 carries this breathtaking revelation: “Approximately 85 percent of SPACs have restated their financial statements, which may indicate that these companies were not prepared to handle the heightened regulatory responsibilities of public companies.”
SPACs (Special Purpose Acquisition Companies) are companies that tap the public markets with an IPO when they have no commercial operations at all and simply plan to eventually acquire an existing company. SPACs are also known as “blank check” companies. According to FactSet, SPACs accounted for half of all IPOs in 2020, the last year of the Trump administration. (See our report: SEC Chair Jay Clayton Left Markets in the Biggest Mess Since 1929.)(this is NOT endemic to SPACS...it is SYSTEMIC across the entire financial system-look up any big Tech Co's Qtry report and check that entry...Billions every Qtr..it is the land of made up valuations and where they hide shit)
Fleming’s report for 2021 also shares this: “Similarly, we are tracking the accumulation of ‘goodwill’ on balance sheets—a staggering $3.5 trillion as of 2020 — in light of the recent flurry of deal activity taking place at elevated prices.”This is the accounting bucket where ALL the fuggery goes on..Search Google 10Q Q4 2018 (QR Archive) and you'll see exactly what this is talking about-they had a total of almost $17.888B (and increased it to $18B by Q2 2019-see cap#1) in that entry for one quarter..and the same qtr (q4 2018) they either gave Dragonfly away for free or on the cheap..and this is done by ALL of them EVERY qtr
The real problem for Fleming, however, is likely contained in the priorities report he wrote for 2023. (We obtained that report in a Google cache.) One of those priorities was “ESG Disclosures” for public companies as well as ESG disclosures for investment advisors and investment companies. ESG stands for “Environmental, Social, and Governance,” and quashing those disclosures has become a battleground for fossil fuel interests and the right-wing Republicans that sit on the Senate Banking Committee – whose political campaigns are heavily funded by fossil fuels and related interests.
moar
https://wallstreetonparade.com/2022/07/shhh-dont-tell-the-public-that-their-investor-advocate-at-the-sec-has-gone-poof-along-with-his-most-recent-reports/
#974
>>143862 “If Covid was a battlefield it would still be warm with the bodies of the unvaccinated…” the unjabbed will be#vindicated
>>143874 Planefag:Med and Gulf Activity-Saudis at Athens-advanced team for MbS visit tomorrow, 2 high level Israeli AF Surveillance ACs back to Nevatim AB-fairly common, Italian AF Falcon 50 SE over Iraq, Reaper drone out in Persian Gulf
>>143875, >>143876 Looks like KekOps is a thing
>>143877 There are no blue states. Just 15-20 big blue cities trying to tell the rest of us how to live
>>143878 Desantis: "speedy recovery from COVID (for Potato) and speedy recovery from Potato"
>>143879, >>143883 The White House is working overtime trying to get in front of this weeks horrible economic report.
>>143881 @realDonaldTrump: Dick Morris in interview with Governor Mike Huckabee: “God spared me in order to get Trump Re-Elected.” Wow! Thank you Dick. MAGA!
>>143882 Planefag:Europe and some additional Med activity-Algerians departed Damascus, Moroccans left Thessaloniki Greece after quick stop, Omani Sultan left UK back to Muscat, Czechs and Slovenians to Brussels, P-8 over eastern Romania, usual NATO AWACS up over eastern Poland
>>143888,>>143920 BOXER41 USAF C-40B inbound to JBA from Prague departure earlier/SAM674 USAF C-40B departed Dover AFB after a ground stop of about 3h20m after arriving from JBA usually a WH NSO AC/PRJFKand berry interdasting callsign for Brazilian AF Embraer E-550 out of Orlando-Melbourne Int'l Airport, SAM674 went to San Francisco Int'l
>>143891 ZULU82 did40as in "on 40 yard line"? today
>>143892, >>143893 Ag dropped in front of Weds FOMC rate hike-do it again tomorrow so it doesn't get over $19 upon Weds rate hike release
>>143894 Housing Inventory July 25th Update: Up 30.5% Year-over-year
>>143895 You simply can’t beat a view like this! #MotivationMonday
>>143896 NYFRB Mortgage Backed Securities Op continues to be done early...today they accepted $832m while the system 'brought' $2.912B for sale to them
>>143899 Russia cuts Nord Stream flows further, escalating gas fight..umm he told you ALL last winter to do wut? order moar and store it..you din't
>>143902 The U.S. Becomes World’s Top LNG Exporter..of course becasue of the 'drama' the Germans are playing with muh turbines
>>143906, >>143920 AE67B0 US Navy P-8 Poseidon from NAS Whidbey Island off SoCal at 3k ft-likely droppin' a buoy-returbning to Whidbey after some extended roundys at low alt (under 1k ft)
>>143907 Bahrain AF RBAF701 C-130J Super Hercules went to Geneva
>>143909 Active shooter at Dallas Love Field, 6 people shot dead at Mexican drug rehab center, Multiple shootings in downtown Langley (really) British Columbia-one person has been arrested
>>143912 TITAN25 USAF E-4B NightwatchSec. of Defense Lloyd Austin departed Miami Int'l Airport SE after a 3h20m ground stop-arriving earlier from JBA-"What a pleasure it was getting to know some of the outstanding young service members serving at @Southcom" 73-1676
>>143914 Natural-gas futures rally by more than 5%; oil prices finish higher , Dutch gas finished up 10.48%
>>143918 VP with a little R&R over the weekend at Sochi-Russian AF RA96108 Ilysuhin II-96 departed Moscow earlier today-spent about 3 hours on the ground at Sochi and back to Moscow-dropped him off friday 0722
>>143921 Mark Zuckerberg Sells San Francisco Home for a Record $31 Million
>>143922 CFC1 Challenger CL60 Trudope back to Ottawa from Edmonton and trying to resurrect himself by being seen with an even sorrier POS
>>143923 TITAN25 USAF E-4B Nightwatch went to Brasilia, Brazil (landed about 35 minutes ago) from Miami Int'l Depart-Austin attending Conference of Defense Ministers of the Americas (CDMA)
>>143924 CAPEX US Navy C-130T Hercules back to JBA from New Orleans NAS JRB after 2h17m on ground
>>143924 FORTE10 USAF RQ-4 Global Hawk drone from Sigonella AB NE over the Aegean Sea at 52k ft
>>143929 C101 US Coast Guard G5 just landed at Seattle, Boeing Filed after Anchorage overnight-FORGE63 US Army G5 on ground at JB-Lewis-McChord from JBA depart earlier today-it shows as it's tail # 02-01863 and is one of the PAT flights when traveling overseas
>>143940 New England Journal of Medicine: Unvaccinated COVID Patients Are Contagious for LESS Time Than those Vaxed or Boosted.
>>143942 Planefag:Europe Hungarians departed Brussels after Orban hurt dhere fee-fee's, Slovenians on ground at Rzesow Airport, Poland, Canadians just left Rzesow HOMER21 Rivet Joint back to Souda Bay with RAF RRR7226 Rivet Joint done over Black Sea, US Navy west from Tblisi, Georgia stop of about 2h
>>143943 Silver not 'hit' yet-but wait...they don't want it over $19 after the FOMC raises rates-Walmart 'resutls' (horribruh) a factor in the markets today- still at 75bp raise for tomorrow but the 1% raise is at 25% probability
>>143944 New Home Sales Decrease Sharply to 590,000 Annual Rate in June-YUGE miss and the last 3 months adjusted down sharply
>>143947, >>143950 PF: CONUS Activity-82-8000 747 on a cert flight and 00-9001 USAFSOC C-32B went to Westover ARB NH for roundys
>>143951, >>143955 C102 US Coast Guard G5 departed Orlando Int'l Airport south after arriving yesterday from Reagan National depart and rounding Cuba-and likely heading to Brasilia where got muh nighwatch back Lloyd Austin..it went to Tegucigalps Honduras
>>143952 Biden To Sell Additional 20 Million Barrels Of Oil From Strategic Reserve Just Ahead Of The Midterms-and are set to conclude just days before the November midterm elections.
>>143953 Naftogaz Says Default Is Inevitable After It Missed Payments
>>143954 Credit Suisse CEO Thomas Gottstein set to depart
>>143956 FORGE78 US Army G5 departed San Juan PR after an overnight-inbound from JBA depart yesterday
>>143957 Shhh! Don’t Tell the Public that their Investor Advocate at the SEC Has Gone Poof, Along with His Most Recent Reports-"goodwill" accounting entries..SYSTEMIC issue not just SPAC/Rs
>>143958 BELLY52 US Navy E-6B Mercury (race) trackin' it a little further SSE of where the P-8 Poseidon dropped a buoy yesterday
Planefag:SAM674 left San Francisco after overnight and did some roundys at Columbus Int'l and back to JBA-SF General 'runs out' of Monkypox vax "Zuckerberg General Hospital"-BOXER-C-40B returns to JBA from Alexandria, LA stop, SCORE76 P-8 heading off shore from Pax River
SAM674 USAF C-40B departed San Francisco Int'l east after an overnight and did some roudys at Columbus Rickenbacker Int'l and now heading back to JBA-every once and a while you see a high-level SAM flight do this-as this is usually a WH NSO AC and last used by Janet Yellen for Bali, Seoul trip I doubt it's just a pilot getting some training in...there are several VENUS flights up today-those are non VIP ACs (they use VENUS as a callsign) used for that purpose-certification flights (training) or moving non-VIPS around (other aircrews, personnel etc)
from today outta SF and the house the Zuckerdouche sold >>143921 is not far (about ten city blocks) from the hospital-also named after him
>anon lived in SF for many years and also had a family member about 4-5 blocks from that house that just sold for $31m...why I find these 'values' quite amusing
SF General closes monkeypox vaccine clinic after supply runs out
The monkeypox vaccine clinic at Zuckerberg SF General Hospital was closed Tuesday due to running out of doses of the vaccine. The clinic tweeted that it had administered approximately 550 doses on Monday and would be closed until it received more vaccine. “The ZSFG vaccine clinic is currently closed due to lack of supply,” read a statement on the city website. “We have not received any information regarding the San Francisco allocation this week (July 25) from the federal supply via California Department of Health. We do not know how many vaccine doses will be allocated or when the vaccine will arrive.”
https://www.kron4.com/news/sf-general-closes-monkeypox-vaccine-clinic-after-supply-runs-out/
BOXER46 USAF C-40C returning to JBA from a ground stop at Alexandria Int'l Airport of 6h26m
SCORE76 US Navy P-8 Poseidon heading off-shore from Pax River depart
How's that Bitcoin 'all in' call going fer ya nao?-usually these just 'happen' and they don't make a big deal about it-this is just an announcement about doing it-it remains to be seen if they actually do it and they've just increased the value of them (and the price they would be paying as well) sounds like just a trick to prop them since they are still 'negotiating' with the IMF for a "bailout" of something north of $1B
El Salvador Bonds Surge on Bukele’s Plan for Buyback at Market Prices
El Salvador President Nayib Bukele announced plans to buy back the nation’s dollar-denominated bonds due in 2023 and 2025, spurring a double-digit jump the price of the junk-rated securities.
Bukele on Tuesday said in a series of tweets that he sent two bills to lawmakers that would lock in plans for a “transparent, public and voluntary” purchase offer that will start in six weeks for the government debt at market prices. Finance Minister Alejandro Zelaya said the nation would use special drawing rights dispersed by the International Monetary Fund, multilateral funding, and a new bond deal with the central bank to finance the purchases.
The nation’s dollar bonds set to mature in January 2023 rose nearly 10 cents after the announcement to 86 cents, according to indicative prices compiled by Bloomberg. The 2025 notes, meanwhile, were up 16 cents to be quoted at 52 cents, the highest since mid-April.
Bukele’s Nuevas Ideas party holds a two-thirds majority in El Salvador’s unicameral legislature, meaning the bills can be swiftly approved. Ernesto Castro, president of the legislative assembly, said the bills will be introduced Tuesday and submitted for discussion and approval to the floor, saying the step was important for the country.
There’s $1.6 billion outstanding in bonds due 2023 and 2025 combined, and Bukele promised to buy them back at their market prices, acknowledging prices may rise once the buyback begins.
Guillermo Guerrero, an analyst at EMFI Group Limited, said he expects prices on the front-end notes to move closer to par as long as the offer is seen as credible. The nation’s bonds have been trading at levels considered in distress, with some traders wary of the government’s financing options. The country is approaching its one-year anniversary of adopting Bitcoin as legal tender, a move that along with a shake-up in the top courts stoked some uncertainty among both credit rating agencies and money managers. El Salvador is one of the emerging-market nations most vulnerable to a default, according to a Bloomberg Intelligence analysis earlier this month.
https://www.bnnbloomberg.ca/el-salvador-bonds-surge-on-bukele-s-plan-for-buyback-at-market-prices-1.1797340
This is just an act as they still need these "Big Banks" to cooperate on the debt service payments-the deferment of them-so you want them "prosecuted for War Crimes" yet on the other hand are reliant on them to facilitate the deferment (until the end of 2023)...just fuq off with this total act
>>143318 pb BlackRock, Fidelity, Paris Club Back Ukraine’s Debt Delay Plan
Ukraine wants big banks to be prosecuted for ‘war crimes,’ Zelenskyy’s top economic aide says
Major U.S. and European banks should be prosecuted for “committing war crimes” over their financing of the Russian regime, according to a top aide to Ukraine president Volodymyr Zelenskyy. Oleg Ustenko, economic advisor to Zelenskyy, said the Ukrainian government believes banks, such as JPMorgan, HSBC and Citi, are aiding the Kremlin’s war efforts in Ukraine. “Everybody who is financing this war criminals, who are doing these terrible things in Ukraine, are also committing war crimes in our logic,” he told CNBC’s Hadley Gamble on “Capital Connection” on Tuesday. JPMorgan, HSBC and Citi did not immediately respond to CNBC’s request for comment on those allegations.
Asked directly if he wants to see these banks prosecuted for war crimes, Ustenko said: “Exactly.” Ustenko said Zelenskyy believes these banks should be held accountable for prolonging the conflict and the war on Ukraine.
His comments came in response to a FT report last week, which said that Ukraine’s government wrote to the chiefs of U.S. and European banks — such as Jamie Dimon from JPMorgan and Noel Quinn from HSBC — urging them to cut ties with the groups that are trading Russian oil. n letters seen by the FT, Ustenko wrote to the bankers asking them to cut off financing for businesses that trade Russian oil and sell shares to Gazprom and Rosneft, two of Russia’s state-backed oil and gas companies.
According to the FT, the letters accused Citigroup and Credit Agricole of “prolonging” the war by providing finances to companies that ship Russian oil. The letters also reportedly warned the banks will not be allowed to take part in the reconstruction of Ukraine when the war is over.
CNBC did not immediately hear back from Credit Agricole when asked about those allegations. Ukraine’s government is gathering all the evidence to send it to the International Criminal Court, Ustenko told CNBC.
“We are collecting all these information” in terms of companies that are financing Russia, he said. “Our Ministry of Justice and our security service of Ukraine are collecting. And then later, this is going to be passed to the ICC,” he added.
This isn’t the first time that Ukraine has gone after Western companies for having business dealings with Russia.
In March, the government was highly critical of big oil companies for still doing business with Russia, and warned that some of those firms could find themselves on the wrong side of history. Ustenko said the war has taken a significant toll on Ukraine’s economy since Russia’s invasion began on Feb. 24.
“Currently, we are expecting that the Ukrainian economy is going to show a decline on the level of around 35-40%, which is a huge decline,” he said.
He said the decline was because nearly 50% of the businesses “are not operational now or not able to operate at full capacity.” “When the economy is declining, then the budget revenues are decreased. Again the reason for that is the Russian invasion,” he added.
https://www.cnbc.com/2022/07/26/ukraine-wants-jpmorgan-citi-hsbc-prosecuted-for-war-crimes-zelenskyy-aide.html
At the current price (close today) of $39.34 that would represent a $14.86/sh premium or a 27% addition over that price to get it to $54.20...of course they will approve it and they called a "special" meeting..they're special for sure-imo what you are seeing is it's actual worth reflected in that premium amount ($14.86/sh) and I'm not alone in that view either.
Twitter shareholders to vote on Elon Musk's takeover deal on Sept. 13
Twitter Inc. TWTR,announced Tuesday that it has scheduled its special meeting at which shareholders will vote on whether to approve Tesla Inc. Chief Executive Elon Musk's $44 billion takeover of the company. The meeting will take place Sept. 13. at 10 a.m. Pacific. Twitter has urged shareholders to approve the deal for a takeover at $54.20 a share. Shares closed Tuesday at $39.34, and an analyst recently opined that Twitter shares could trade in the mid-teens without the support of the deal, given recent pressure on the advertising market illustrated in part by Twitter's recent downbeat earnings report. Musk, however, has said he has terminated the deal, citing concerns over the accuracy of Twitter's public disclosures around bot accounts. A Delaware judge sided with Twitter earlier this month and agreed to an expedited trial on the matter, which is expected to take place in October.
https://www.marketwatch.com/story/twitter-shareholders-to-vote-on-elon-musks-takeover-deal-on-sept-13-2022-07-26
Keep in mind that the list in Cap#2 is as of Mar 30th,2022 and many things can change-one of these has been exiting-why it can't get above $40 as any strength gets sold into immediately-another thing that needs to change is the lag in reporting who owns what-there is no reason for this and one (of many) things that need to change in our new system.
Elon Musk held 9% of the company, making him the biggest individual Twitter shareholder. Among the company insiders, Saudi Arabian investor Prince Alwaleed bin Talal and Twitter founder Jack Dorsey were major Twitter shareholders with 4.57% and 2.67% holdings, respectively-and you'll remember that 'Dopey bough an additional 10% on a friday only to dump it all by the next weds-held it for less than 3 business days-see below
>>142470, >>142471, >>142474, >>142480 Musk kek "now they have to disclose bot info in court"-Dopey bought a big chunk of Twatter the day of buyout offer then got cold feet 5 days later and dumped it
Colombian AF FAC0001 737 and escort FAC1219 737 returning from a trip south of about 11 hours-no data on where it went or news articlescurrent President Ivan Duque-who is on FAC0001has until August 7th until term expires and we wuz already there gettin' frenly with the new one last week
>>143645 pb SAM502 USAF G5 reappeared heading north from Bogota U.S. Deputy National Security advisor Jonathan Finer back from Bogota Colombia's President-Elect Petro Meets With Biden Delegation
VV100 US Navy G5 departing Manila after arriving from Bangkok on 0725
gettin outta dodge after
The ubiquitous 10km deep too
Magnitude 7 Earthquake Hits Philippines' Largest Island, Prompting Evacuations
A magnitude 7 earthquake struck the Philippines’ largest and most populous island Wednesday, prompting evacuations. The tremor originated in a province north of main Luzon island, the European-Mediterranean Seismological Centre said. Congressman Eric Singson, who represents the second district of Ilocos Sur province, told constituents to get out of their houses, anticipating after shocks, he told DZMM radio. There’s no tsunami alert from the earthquake in the Southeast Asian nation, the Pacific Tsunami Warning Center said.
https://www.bnnbloomberg.ca/magnitude-7-earthquake-hits-philippines-largest-island-prompting-evacuations-1.1797392
Russia to withdraw from int'l space station project: reports
Russia has decided to withdraw from the International Space Station after 2024 and the country's space entity notified President Vladimir Putin of the plan on Tuesday, local media reports said. The reports came amid uncertainties about whether the operation of the ISS, which also involves more than 10 countries such as the United States and Japan, can be maintained after the current agreement expires in 2024.NASA Administrator Bill Nelson said in a statement the U.S. space agency is committed to the safe operation of the orbiting laboratory through 2030, while noting that "it has not been made aware of decisions from any of the partners."
U.S. State Department spokesman Ned Price told a press conference that it is an "unfortunate development, given the critical scientific work performed at the ISS." Yuri Borisov, who became the new chief of Roscosmos on July 15, laid out the withdrawal plan in a meeting with Putin at the Kremlin, according to the Tass news agency. Roscosmos is a state corporation for space activities. "We will definitely fulfill all our obligations to our partners, but the decision to withdraw from this station after 2024 has been made," Borisov was quoted as saying.
International negotiations regarding the extension of the joint operation deal have been effectively suspended in the wake of Russia's invasion of Ukraine in February. Former Roscosmos chief Dmitry Rogozin had maintained that any resumption of the talks would hinge on the lifting of economic sanctions imposed on Moscow by countries backing Ukraine. In April 2021, Borisov, then deputy prime minister, proposed that Russia build its own space station rather than seek to renovate the aging ISS, whose construction began in 1998. The U.S. National Aeronautics and Space Administration revealed a plan last week to launch a commercial rocket on Sept. 29 or later to carry a total of four U.S., Japanese and Russian astronauts to the ISS.
White House National Security Council spokesman John Kirby told a separate press conference Tuesday that the United States is exploring options to mitigate any potential impacts on the ISS beyond 2024 if Russia does withdraw.
https://english.kyodonews.net/news/2022/07/e468bde39e2a-update1-russia-to-withdraw-from-intl-space-station-project-reports.html
Alphabets Latest 8-K and the 'magic' of the 'Goodwill' Accounting bucket-$23.949B for this Qtr, and share buybacks of $15.179B + as a bonus: moar revenue in a department that still lost $858m-Cloud
from April 26th 2022
Alphabet announces $70 billion buyback
https://www.cnbc.com/2022/04/26/alphabet-announces-70-billion-buyback.html
Last year’s authorization of $50 billion and authorization of $25 billion in 2019.
Sergey Brin and Larry Page Share Sales
Page-Since 2003 has sold $11.592B and ZERO purchases-cap #3
https://www.secform4.com/insider-trading/1295231.htm
Eric Schmidt took out $5.535B from 2003-2014 vs $697,930 in buys'
https://www.secform4.com/insider-trading/1242463.htm
Brin-since 2003 has sold $11.466B but actually bought $243k so well done 'larry'.../s
https://www.secform4.com/insider-trading/1295032.htm
Some 'highlights':
Bought $15.197B of it's own stock in latest Qtr-up from $13.30B-only Apple buys moar..third place is Meta (FB)
Alphabet said that sales would have been close to $72 billion if not for currency swings-this is the increase of the Yen and the dollar
Lowest growth rate since the the April-June quarter of 2020, when the company suffered the first, and so far only, year-over-year revenue decline in its history.
14% decrease from last year in EPS and that is with the Stock buyback program in full swing
Stock-based compensation increased from YoY by $972m
Had already announced a hiring freeze on July 20th
Google Cloud-which they are absolutely sperging about with it's revenue "jumped 36%"-still LOST $858 million
On July 15th it had a stock split 15:1
'''and the kicker is that it cost them moar the earn less-even with the stock buyback program
Google’s TAC (total acquisition costs) stood at $12.2bn, up 11.8 per cent on an annual basis, against analysts’ expectations of $12.4bn.
As of Q1 2022 they have spent on share buybacks and has increased every qtr since 2016 with a few exceptions
https://ycharts.com/companies/GOOG/stock_buyback
All of this taken from the latest SEC filing with noted exceptions-Stock Buybacks Ycharts (for the historical comment) has not updated it's charts yet but the current # was pulled from the 8K
https://www.sec.gov/Archives/edgar/data/0001652044/000165204422000068/googexhibit991q22022.htm
#974
>>143862 “If Covid was a battlefield it would still be warm with the bodies of the unvaccinated…” the unjabbed will be#vindicated
>>143874 Planefag:Med and Gulf Activity-Saudis at Athens-advanced team for MbS visit tomorrow, 2 high level Israeli AF Surveillance ACs back to Nevatim AB-fairly common, Italian AF Falcon 50 SE over Iraq, Reaper drone out in Persian Gulf
>>143875, >>143876, >>143884 Looks like KekOps is a thing
>>143877 There are no blue states. Just 15-20 big blue cities trying to tell the rest of us how to live
>>143878 Desantis: "speedy recovery from COVID (for Potato) and speedy recovery from Potato"
>>143879, >>143883 The White House is working overtime trying to get in front of this weeks horrible economic report.
>>143881 @realDonaldTrump: Dick Morris in interview with Governor Mike Huckabee: “God spared me in order to get Trump Re-Elected.” Wow! Thank you Dick. MAGA!
>>143882 Planefag:Europe and some additional Med activity-Algerians departed Damascus, Moroccans left Thessaloniki Greece after quick stop, Omani Sultan left UK back to Muscat, Czechs and Slovenians to Brussels, P-8 over eastern Romania, usual NATO AWACS up over eastern Poland
>>143888,>>143920 BOXER41 USAF C-40B inbound to JBA from Prague departure earlier/SAM674 USAF C-40B departed Dover AFB after a ground stop of about 3h20m after arriving from JBA usually a WH NSO AC/PRJFKand berry interdasting callsign for Brazilian AF Embraer E-550 out of Orlando-Melbourne Int'l Airport, SAM674 went to San Francisco Int'l
>>143891 ZULU82 did40as in "on 40 yard line"? today
>>143892, >>143893 Ag dropped in front of Weds FOMC rate hike-do it again tomorrow so it doesn't get over $19 upon Weds rate hike release
>>143894 Housing Inventory July 25th Update: Up 30.5% Year-over-year
>>143895 You simply can’t beat a view like this! #MotivationMonday
>>143896 NYFRB Mortgage Backed Securities Op continues to be done early...today they accepted $832m while the system 'brought' $2.912B for sale to them
>>143899 Russia cuts Nord Stream flows further, escalating gas fight..umm he told you ALL last winter to do wut? order moar and store it..you din't
>>143902 The U.S. Becomes World’s Top LNG Exporter..of course becasue of the 'drama' the Germans are playing with muh turbines
>>143906, >>143920 AE67B0 US Navy P-8 Poseidon from NAS Whidbey Island off SoCal at 3k ft-likely droppin' a buoy-returbning to Whidbey after some extended roundys at low alt (under 1k ft)
>>143907 Bahrain AF RBAF701 C-130J Super Hercules went to Geneva
>>143909 Active shooter at Dallas Love Field, 6 people shot dead at Mexican drug rehab center, Multiple shootings in downtown Langley (really) British Columbia-one person has been arrested
>>143912 TITAN25 USAF E-4B NightwatchSec. of Defense Lloyd Austin departed Miami Int'l Airport SE after a 3h20m ground stop-arriving earlier from JBA-"What a pleasure it was getting to know some of the outstanding young service members serving at @Southcom" 73-1676
>>143914 Natural-gas futures rally by more than 5%; oil prices finish higher , Dutch gas finished up 10.48%
>>143918 VP with a little R&R over the weekend at Sochi-Russian AF RA96108 Ilysuhin II-96 departed Moscow earlier today-spent about 3 hours on the ground at Sochi and back to Moscow-dropped him off friday 0722
>>143921 Mark Zuckerberg Sells San Francisco Home for a Record $31 Million
>>143922 CFC1 Challenger CL60 Trudope back to Ottawa from Edmonton and trying to resurrect himself by being seen with an even sorrier POS
>>143923 TITAN25 USAF E-4B Nightwatch went to Brasilia, Brazil (landed about 35 minutes ago) from Miami Int'l Depart-Austin attending Conference of Defense Ministers of the Americas (CDMA)
>>143924 CAPEX US Navy C-130T Hercules back to JBA from New Orleans NAS JRB after 2h17m on ground
>>143924 FORTE10 USAF RQ-4 Global Hawk drone from Sigonella AB NE over the Aegean Sea at 52k ft
>>143929 C101 US Coast Guard G5 just landed at Seattle, Boeing Filed after Anchorage overnight-FORGE63 US Army G5 on ground at JB-Lewis-McChord from JBA depart earlier today-it shows as it's tail # 02-01863 and is one of the PAT flights when traveling overseas
>>143940 New England Journal of Medicine: Unvaccinated COVID Patients Are Contagious for LESS Time Than those Vaxed or Boosted.
>>143942 Planefag:Europe Hungarians departed Brussels after Orban hurt dhere fee-fee's, Slovenians on ground at Rzesow Airport, Poland, Canadians just left Rzesow HOMER21 Rivet Joint back to Souda Bay with RAF RRR7226 Rivet Joint done over Black Sea, US Navy west from Tblisi, Georgia stop of about 2h
>>143943 Silver not 'hit' yet-but wait...they don't want it over $19 after the FOMC raises rates-Walmart 'resutls' (horribruh) a factor in the markets today- still at 75bp raise for tomorrow but the 1% raise is at 25% probability
>>143944 New Home Sales Decrease Sharply to 590,000 Annual Rate in June-YUGE miss and the last 3 months adjusted down sharply
>>143947, >>143950 PF: CONUS Activity-82-8000 747 on a cert flight and 00-9001 USAFSOC C-32B went to Westover ARB NH for roundys
>>143951, >>143955 C102 US Coast Guard G5 departed Orlando Int'l Airport south after arriving yesterday from Reagan National depart and rounding Cuba-and likely heading to Brasilia where got muh nighwatch back Lloyd Austin..it went to Tegucigalps Honduras
>>143952 Biden To Sell Additional 20 Million Barrels Of Oil From Strategic Reserve Just Ahead Of The Midterms-and are set to conclude just days before the November midterm elections.
>>143953 Naftogaz Says Default Is Inevitable After It Missed Payments
>>143954 Credit Suisse CEO Thomas Gottstein set to depart
>>143956 FORGE78 US Army G5 departed San Juan PR after an overnight-inbound from JBA depart yesterday
>>143957 Shhh! Don’t Tell the Public that their Investor Advocate at the SEC Has Gone Poof, Along with His Most Recent Reports-"goodwill" accounting entries..SYSTEMIC issue not just SPAC/Rs
>>143958 BELLY52 US Navy E-6B Mercury (race) trackin' it a little further SSE of where the P-8 Poseidon dropped a buoy yesterday
>>143968 Planefag: SAM674 left San Francisco after overnight and did some roundys at Columbus Int'l and back to JBA-SF General 'runs out' of Monkypox vax "Zuckerberg General Hospital"-BOXER-C-40B returns to JBA from Alexandria, LA stop, SCORE76 P-8 heading off shore from Pax River
>>143970, >>143971, >>143973 Ukraine wants big banks to be prosecuted for ‘war crimes,’ Zelenskyy’s top economic aide says..yet needs big banks to facilitate debt deferment
>>143977 Colombian AF FAC0001 737 and escort FAC1219 737 returning from a trip south of about 11 hours-current President Ivan Duque-who is on FAC0001 has until August 7th until term expires and we wuz already there gettin' frenly with the new one last week
>>143978 Magnitude 7 Earthquake Hits Philippines' Largest Island, Prompting Evacuations-VV100 US Navy G5 departing Manila after arriving from Bangkok on 0725
>>143979 Russia to withdraw from int'l space station project: reports
>>143983 Alphabets Latest 8-K and the 'magic' of the 'Goodwill' Accounting bucket-$23.949B for this Qtr, and share buybacks of $15.179B + as a bonus: moar revenue in a department that still lost $858m-Cloud
night