SPAR11 C40B landed at Buenos Aires, Argentina about 20m ago
Last seen heading S from JBA on 0523 and ‘froze’ over Atlantic.
Where it’s been since or where it arrived from just now I dunno.
Milei always a stooge and avg Argentinian starting to see that nao
and he would have been Ukraine’s Defense Minister
RCH4609 C17 Globey departed JBA and RCH274 departed Dover AFB and heading across Atlantic on the Night Shift
The Globey that departed on Friday night, RCH4545, went to Paris before it arrived at Ramstein-C_A Director Burns was there (Paris) for the Israel-Hamas ‘Peace’ talks
>20918990, >>20918972, >>20918739 pb
45in N757AF 757 departed Charlotte-Douglas Intl after attending the 600 and heading around some bad weather to Laguardia Airport
Beware of ip hopping clowns telling you what to think.
>wearing masks in car driving alone
Same in SoCal in what’s considered a “conservative” area.
Lived in SF/Bay Area for 30y miss it but certainly not what it’s become.
Could see it coming in mid 90s
China Defies Global Copper Squeeze With Near-Record Production
The global copper market is gripped by fears of a shortage, which has propelled prices to record levels and sparked a $49 billion takeover battle. But in China, the world’s biggest producer and consumer of the refined metal, there’s more than enough to go around. At the center of that conundrum are the nation’s ever-expanding copper smelters. The industry is maintaining production at near-record levels — defying a scarcity of raw materials — as higher prices unlock more scrap metal for processing. Smelters had pledged to reduce capacity after their fees collapsed because of a supply squeeze on the imports of ore they use as feedstock. The prospect of insufficient copper in China is just one of the pillars supporting a barnstorming rally that took the metal above $11,000 a ton for the first time at the start of last week. But the cuts haven’t happened and China’s faltering economy isn’t able to absorb the excess.
The mismatch between supply and demand has become more glaring in recent days, with prices retreating to just above $10,300 a ton. Although that’s still a 21% gain for the year, it suggests that as long as China remains oversupplied, copper will struggle to make further headway. The availability of scrap from discarded pots, pipes and wires has risen quickly after copper prices surged, said Liang Kaihui, an analyst with Shanghai Metals Market. Fabricators have been busy turning that into blister, a semi-processed version of the metal, and feeding it back to smelters, he said, where it’s used as a substitute for the overseas ore that’s now in short supply. The abundance of scrap is seen in its discount to refined copper, which blew out to 4,615 yuan ($637) a ton last week, the widest in at least eight years, according to SMM.
The smelting industry, meanwhile, keeps adding capacity.As long as they’re profitable, individual firms prefer to defend market share at the expense of margins. Local governments also want them to keep churning out metal so that they can meet their economic growth targets and maintain employment levels.
China’s PMI surveys for May will likely show manufacturing continuing to grow at a modest pace, supported by solid production, according to Bloomberg Economics.
Ten years ago almost to the day, while checking out a handful of luxury sedans from one of China’s largest automakers SAIC Motor Corp., President Xi Jinping gave a pivotal speech that would set China on the course to dominate the electric vehicle industry.
Chinese industries plan to ask authorities to start an anti-dumping investigation into pork imports from the European Union, the state-run Global Times said, citing information from a “business insider.”
China’s engagement in the global system of commerce was roundly criticized by Group of Seven finance chiefs in a show of unity accompanied by a threat of further escalation.
https://www.bnnbloomberg.ca/china-defies-global-copper-squeeze-with-near-record-production-1.2077605
>Biden could never
He can’t even walk up the fuggen real stairs of the 747 let alone walk out that far from muh handlers
They wouldn’t allow it
They aren’t the largest holder and haven’t been for about 2years.
Japan is the largest and they are moar concerning as they are trying to defend its currency.
China will certainly continue to sell but not anything like the ferocity that the Japanese did last Oct
That’s what spiked our Bond market yields.