morning and same to you
post moar on the jews bro
>>18856301 pb
PlaneFag Europe/Med activity-Rzsesow arrivals/departures-Council of Europe departures/arrivals Iceland
Rzsesow Airport, Poland-arrivals and departures
Canada AF CFC2971 CC-130 Hercules landed about 15minutes ago at Rzsesow Airport from Chateuaxroux AB, France depart, Dutch AF MMF A330 leaving with RAF RRR2416 A330 MRTT arriving
SPAR84 NATO G5 departed Chievres AB, Belgium heading EN
SPAR =Special Priority Air Resource
Council of Europe meeting departures and arrival Danish AF DAF002 CL-60, Belgian AF BAF72 Falcon7x, German AF GAF880 A21neo, GAF879 A321, US Navy CNV6169 C-26D Metro, Spanish AF Falcon 900 just departed with Slovenia AF LSV101 Falcon 2000 heading to ReykjavĂk from Ljubljana
Council of Europe summit in Iceland seeks to hold Russia to account for waging war in Ukraine
https://www.dailymail.co.uk/wires/ap/article-12088503/Council-Europe-summit-Iceland-seeks-hold-Russia-account-Ukraine-war.html
Italian AF PERSE71 G550 AEWC doing roundies over Sardinia-usually this is over eastern Romania/Poland
Hungarian AF HUAF210 Falcon7x WS from Debrecen AB to Ljubljana-the FM (Szjarito) is in China-see article belo- so this is not him (usual AC) and this AC was at Chievres AB (NATO) Belgium yesterday for about an hour
Hungary eyes Chinese market potentials at China-CEEC Expo
According to a video of Szijjarto's speech given at the expo, which the minister posted on his Facebook account, the economic and commercial cooperation between Hungary and China is breaking records. "Hungary is already the entry point for Chinese freight transport in Central Europe," he said.
https://www.bignewsnetwork.com/news/273834301/hungary-eyes-chinese-market-potentials-at-china-ceec-expo
Italian AF IAM3114 A319 departed Cairo NW
Israel AF DINAMO and 272 707 Re'em tankers over central and southern Italy
~~Titanic~~ Olympic
FIFY can't even get this part right either-tell everyone how the Rothys took over England by 'buying stocks' too.
These are just as 'good' as the Magnum P/I/ ones bro
MBA: Mortgage Applications (and refinance apps -8%) Decreased in Weekly Survey
Mortgage applications decreased 5.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 12, 2023. The Market Composite Index, a measure of mortgage loan application volume, decreased 5.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 6 percent compared with the previous week. The Refinance Index decreased 8 percent from the previous week and was 43 percent lower than the same week one year ago. The seasonally adjusted Purchase Index decreased 4.8 percent from one week earlier. The unadjusted Purchase Index decreased 5 percent compared with the previous week and was 26 percent lower than the same week one year ago. “Mortgage rates increased last week even as Treasury yields were essentially flat, with the spread between the two rates widening to 310 basis points. Mortgage application activity slowed, as most mortgage rates in the survey increased, with the 30-year fixed rate jumping nine basis points to its highest level in two months at 6.57 percent,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Purchase applications decreased 5 percent to its slowest pace in a month, as buyers remain wary of this rate volatility, but also as for-sale inventory in many parts of the country remains scarce.
Added Kan, “Refinance applications accounted for 27 percent of all applications and dropped almost 8 percent last week. Most borrowers have lower rates on their mortgages, and those who are in the market are extremely rate sensitive.
…
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.57 percent from 6.48 percent, with points remaining at 0.61 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.
https://www.calculatedriskblog.com/2023/05/mba-mortgage-applications-decreased-in_02011194721.html
yawn
UBS says it was 'rushed' into unwanted Credit Suisse rescue merger
UBS Group AG (UBSG.S) was rushed into buying cross-town rival Credit Suisse Group AG (CSGN.S) in a deal it did not want, as a global bank crisis worsened the latter's finances and prompted authorities to take swift action, a regulatory filing showed. UBS, in a Tuesday filing to the U.S. Securities and Exchange Commission, told investors it had less than four days to conduct due diligence given the "emergency circumstances". It estimated a hit of about $17 billion from the takeover.
Switzerland's biggest bank agreed to buy its smaller rival after the latter had endured a difficult year.
Credit Suisse's involvement in a series of corporate collapses spooked clients who began withdrawing their money, a trend that accelerated when U.S. bank failures sparked fear of a broader banking crisis.
The wave of deposit outflows and a major share-price drop prompted Switzerland's central bank on March 15 to offer Credit Suisse liquidity assistance.The next day, UBS and Credit Suisse signed a confidentiality agreement upon which the former began due diligence, the UBS filing showed.
On March 19, the Swiss National Bank announced UBS would buy Credit Suisse for 3 billion Swiss francs ($3.4 billion) in stock and assume a loss of as much as 5 billion francs stemming from winding down part of the business.
The final price was raised from an initial 1 billion francs, the filing showed.
Interest from UBS in buying Credit Suisse began in October (conveniently just after the NYFRB started doing billions in Franc/Dollar swaps with the Swiss National Bank a total of $20.738B from Sept '22 to April 2023) when the ad hoc Strategy Committee of its board of directors reviewed its rival's distressed situation, according to the filing. By then, Credit Suisse was experiencing deposit and net asset outflows at levels substantially exceeding rates of the July-September quarter, UBS said.
In early December, UBS management undertook a preliminary assessment of the consequences of a Credit Suisse purchase, which it presented to the Strategy Committee on Dec. 19. (and Blythe Masters-Chair at CS USA-found a way to dump about $54B in 'assets' off to Apollo Global-where she still retains a consultancy role and PIMCO..but i'm sure both of those instances are purely coikidinkal and this is the only place they could have put CS as the rumor about Blackrock was just that..rumor..and designed to make it look like there was a competitive bidding process)
https://www.reuters.com/business/finance/ubs-says-it-was-rushed-into-unwanted-credit-suisse-rescue-merger-2023-05-17/
NYFRB Dollar/Franc swaps-cap #2
https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations
Credit Suisse to Sell Most of Securitized Product Unit to Apollo, PIMCO
https://www.insurancejournal.com/news/international/2022/10/28/692229.htm
EIA reports a 5 million-barrel weekly climb in U.S. crude supplies
The Energy Information Administration on Wednesday reported that U.S. commercial crude inventories rose by 5 million barrels for the week ended May 12. That compared to an increase of 2.5 million barrels forecast by Robert Yawger, director of energy futures at Mizuho Securities USA. The EIA report showed a weekly inventory decline of 1.4 million barrels for gasoline, while distillate stockpiles edged up by 100,000 barrels. Yawger had forecast weekly declines of 2 million barrels each for gasoline and distillates. Crude stocks at the Cushing, Okla., Nymex delivery hub climbed by 1.5 million barrels for the week, the EIA said. Oil futures pared some of their early gains, with June West Texas Intermediate crude CLM23, 0.87% up 76 cents, or 1.1%, at $71.62 a barrel on the New York Mercantile Exchange. Prices traded at $71.84 before the supply data.
https://www.marketwatch.com/story/eia-reports-a-5-million-barrel-weekly-climb-in-u-s-crude-supplies-7d909412
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
Demand destruction in action-once this fake price action clears they (OPEC+) will do another cut because this was double what the ANALysts were looking for on the build side'
once they pause (June) they will rush into listings to try and salvage what is left of the season.
>broken promise
Pahleeze……. >nonprofit program director
Newsome denied the first submission of $1.2m per person because he wants a bigger amount to give out and slide into campaign mode on the back of that.
PlaneFag CONUS activity-Potato departs for G7 meeting in Japan
92-9000 and 82-8000 747s departed JBA (this is the first Int'l trip for 92-9000 as it went to JFK last week
Potato leaves for Japan-stops at JB Elmendorf for about 90m then departs for Hiroshima-has already canceled the scheduled trip to Australia and Papua New Guinea >>18858711 pb
https://factba.se/biden/calendar
SAM033 G5 NW from JBA (part of Potato trip to Hiroshima)
SCORE47 RQ4 Global Hawk drone over C-Bay out of Pax River and heading off shore SW down Carolina coastline
VV376 US navy G5 did dome roundies at JBA went to NAS Oceania for a stop and now heading WS
GTMO844 Beech arrived at Ft. Lauderdale
fuggen weasel
and 'technically' we're all gonna be millionaires when hyperinflation hits
Those bills are actually worth some dosh on ebay now