Rebuilding alliances, without the NATO political baggage.

Oil edges lower as U.S. launches Red Sea task force

Dec 18th, 19:34:31

By Alex Lawler

LONDON (PiQSuite.Com) - Oil edged lower on Tuesday after the United States announced the creation of a task force to safeguard Red Sea commerce from attacks by Iran-backed Yemeni militants, which have disrupted maritime trade and forced companies to reroute vessels.

Crude climbed nearly 2% on Monday after a Norwegian-owned vessel was attacked and BP said it had paused all transit through the Red Sea, raising concern over supply disruption. About 12% of world shipping traffic passes through the Suez Canal.

Brent crude slipped 22 cents, or 0.3%, to $77.73 a barrel by 1310 GMT [Most US Refineries are engineered for Brent 40 Blends, only]. U.S. West Texas Intermediate crude for January, which expires on Tuesday, was down 42 cents at $72.05 while the more active February contract lost 27 cents.

Though the attacks on shipping have boosted the geopolitical risk premium, "the actual effect on oil flows is likely to be limited", said John Evans of oil broker PVM.

"The attacks have not hit anything that would interfere with production," he said.

The United Kingdom, Bahrain, Canada, France, Italy, Netherlands, Norway, Seychelles and Spain are among nations involved in the operation.

https://PiQSuite.com/reuters/oil-edges-lower-as-us-launches-red-sea-task-force

SEC charges fintech Tingo chief with ‘massive’ fraud after Hindenburg short position

US regulator says it uncovered ‘billions of dollars’ of fictitious transactions through entities controlled by Dozy Mmobuosi

Aanu Adeoye in Lagos and Akila Quinio in

The US Securities and Exchange Commission has charged a Nigerian businessman who bid for an English Premier League football club with “massive fraud”, alleging that he and his three companies inflated their financial metrics to defraud investors.

The SEC alleged on Monday that Dozy Mmobuosi, head of Tingo Group, Agri-Fintech Holdings and Tingo International Holdings, had led a scheme that fabricated their financial statements and those of their Nigerian affiliates, Tingo Mobile Limited and Tingo Foods.

“The scope of the fraud is staggering,” the SEC wrote in the complaint. “Since 2019, defendants have booked billions of dollars’ worth of fictitious transactions through two Nigerian subsidiary companies Mmobuosi founded and controls, reporting hundreds of millions of dollars of non-existent revenues and assets.”

https://www.ft.com/content/228fac01-1e93-4162-8f14-dcac297a44ad

>>20098872

BlackRock invests in Indices and ETFs, FIFY.

>>20098849

Fuckload moar there than jes military floating by…

>>20098908

Les protect the NATO skim game…

>>20098924

>>20098933

We'll worry when its impotent.

Needs to be "hunted"…

verica

@VDejan0000

Here is Steven Miles, new Premier of QLD, 2 years ago announcing the new ‘Vaxxas’ facility, where 300 million “needle free” “vaccines” will be produced per year for the “next time” we need to “vaccinate our whole population.”

https://twitter.com/VDejan0000/status/1736906062106902889

>>20098943

You jes figgerin out dey want all us useless eaters, ded?

Muh Change is a comin'!

Eric Balchunas

@EricBalchunas

·

15m

BlackRock's S-1 amendment filed last night contained just 6 changes. The last one had 21. Highlights include moving to cash creations, dropping "primer broker" and "market makers" and a new ticker $IBIT. h/t to

@akibablade

doing god's work here.. https://cryptoslate.com/blackrock-alters-role-of-coinbase-among-6-changes-to-etf-filing-to-cover-regulatory-concerns/

I'm not totally surprised BlackRock switched it's ticker last minute. $IBTC was already a ticker they used in Europe for a treasury ETF so confusing internally. $IBIT was available for recycle via liquidated Defiance ETF. And it's just as sober and Boomer-friendly as IBTC.

https://twitter.com/EricBalchunas/status/1737109660438806685

Ummmm. Jobs Program for a purported jobs eliminator? (it's (AI) incapable of even that, but whatever…)

Nextgov/FCW

@NextgovFCW

Senate Democrats seek to establish civil rights offices for AI

"Sen. Ed Markey, D-Mass., is sponsoring legislation that would require all federal agencies that use artificial intelligence to set up offices “focused on bias, discrimination and other harms resulting from covered algorithms.”"

https://www.nextgov.com/artificial-inte … ai/392709/

https://twitter.com/NextgovFCW/status/1 … 7493077356

>>20099210

He's just a Man, Dan!

WalMart to add new "We'll Fuck Our Customers Harder!" service at registers!

Affirm to offer BNPL services at Walmart's self-checkout kiosks

Dec 19th, 09:09:02

(PiQSuite.Com) - Affirm Holdings will provide its "buy now, pay later" services at self-checkout kiosks at more than 4,500 Walmart stores in the United States.

Affirm shares, which have gained about 350% this year, were up 7% in early trade.

"Buy now, pay later" or BNPL services allow shoppers to pay for their purchases in installments.

The move expands Affirm's partnership with Walmart, which began in 2019, under which customers could use the option at 4,000 Walmart Supercenters and on Walmart.com.

The number of customers opting for BNPL soared to 42.5% on Cyber Monday from a year ago, with shopping worth $940 million going through this mode of payment, data from Adobe Analytics showed. Affirm also partnered with e-commerce giant Amazon .com on Black Friday this year, offering eligible customers the BNPL option at checkout.

>>20099288

https://PiQSuite.com/reuters/affirm-to-offer-bnpl-services-at-walmarts-self-checkout-kiosks

Insurers At The Helm!

Ryan Petersen

@typesfast

Suez Update:

The Southern Red Sea situation now impacting almost 25% of all containers shipped in the world as they sail the long way around Africa.

Yellow dots are container ships that have diverted.

Green dots are container ships that continue unaffected.

https://twitter.com/typesfast/status/1737125392241324532

>>20099326

>>20099342

Every get the hint that those that "report" stories for agencies might be dumb as a fekkin' post?

Steve Milloy

@JunkScience

·

53m

This is a huge story.👇

Communist China is paying Americans to camouflage themselves as environmentalists so they can destroy us from within.

I hope @elonmusk

is not censoring its distribution.

Steve Milloy

@JunkScience

Communist China set up a US-based front group @EnergyFdn

to launder money to US green groups to promote a coal ban, gas stove ban and other climate idiocy in the US.

Directors include Biden climate czar Gina McCarthy.

https://www.foxnews.com/politics/ccp-tied-group-quietly-fueling-us-based-climate-initiatives-tax-filings

https://x.com/JunkScience/status/1736857845621256480?

>>20099411

"Press" is even better when you learn they also can't add. Trust level maxxes out at that.

>>20099429

Single Family Starts Increase Sharply in November, Near Record Number of Multi-Family Housing Units Under Construction

by Calculated Risk on 12/19/2023 09:21:00 AM

Today, in the CalculatedRisk Real Estate Newsletter: Single Family Starts Increase Sharply in November, Near Record Number of Multi-Family Housing Units Under Construction

Excerpt:

The third graph shows the month-to-month comparison for total starts between 2022 (blue) and 2023 (red).

https://www.calculatedriskblog.com/2023/12/single-family-starts-increase-sharply.html

As MF rents plummet….

>>20099456

Commie Death Camp Sales To Skyrocket!

>>20099467

Sed the hooman traffiking manager of New Hampshire….

>>20099470

You jest ketchin' on dey want you ded?