Posts by Amelia Frost
Hedge Funds Ride Oil Volatility To Double-Digit Gains As Iran War Reshapes Commodity Markets
The sharp rise in oil prices and heightened market volatility stemming from the Iran war have produced an unexpected group of winners this year: quantitative hedge funds that use computer-driven models to identify and trade market trends. The conflict has fueled major moves across commodity, currency and futures markets. Those conditions have created a favorable…
Read MoreICE To No Longer Report Deaths Of Recently Released Detainees
U.S. Immigration and Customs Enforcement (ICE) will no longer report the deaths of detainees that happen within 30 days of their release. “Under this updated policy, when an individual is no longer in ICE custody then ICE will no longer be responsible for monitoring or reviewing deaths that may occur,” ICE announced on X. “This…
Read MoreIsrael Sent Elite Units Into Azerbaijan And Had Presence In Other Countries During Iran War: Report
Israeli Prime Minister Benjamin Netanyahu. Getty Images Israel covertly deployed military and intelligence units inside Azerbaijan during the Iran war, providing them with valuable intel into northern Iran, CNN reported. Citing four sources familiar with the matter, the network noted that Israel also established covert military sites in other countries that helped facilitate strikes deep…
Read MoreIran War’s Oil Shock Seen Adding Inflation Pressure But Not Major Job Losses: Boston Fed Study
The economic impact of the Iran war is showing up more clearly in prices than in employment, according to new research from the Federal Reserve Bank of Boston. The findings come as global oil markets continue to react to disruptions surrounding the Strait of Hormuz. Since the conflict intensified earlier this year, oil prices have…
Read MoreDemocrats Reportedly Rattled Following New Revelations About Maine Senatorial Candidate Graham Platner
Democrats are worried that a series of revelations about Maine Senate Candidate Graham Platner and his past dealings with women might sink his campaign, according to a new report. On Thursday, the New York Times published a report that focused on Platner’s past relationships. The most damning allegations came from Lyndsey Fifield, who dated Platner…
Read MoreIran War And Strait Of Hormuz Disruption Set To Reshape Energy Security Debate In The Long Term
The prolonged disruption of shipping through the Strait of Hormuz as a result of the war in Iran is reshaping discussions around energy security, highlighting the vulnerability of global fossil fuel supply chains. Roughly one-fifth of global oil consumption passes through the Strait of Hormuz, while major liquefied natural gas exports from Qatar also rely…
Read MoreHouse Republicans Join Democrats To Pass Bill Providing Aid To Ukraine And Imposing Sanctions On Russia
The House of Representatives passed a bill providing additional aid to Ukraine and imposing sanctions on Russia. Concretely, 18 Republicans joined Democrats to pass the bill. However, the initiative still faces a hurdle in the Senate, whose Republican leaders have not allowed for the vote on sanctions against Russia despite their bipartisan support, saying they…
Read MoreSpaceX Reportedly Tells Banks It Won’t Change Its Share Price For Its IPO
SpaceX has told banks working on its IPO that it won’t change its share price, currently set at $135, according to a new report. Reuters detailed that the stance means that the company’s CEO, Elon Musk, intends to hold the IPO according to his preferences, in contrast with Wall Street tradition. The outlet cited three…
Read MoreEurozone Economy Shrinks In First Quarter Dragged By Ireland
The Eurozone’s economy shrunk by 0.2% in the first quarter of the year dragged by Ireland’s sharp contraction, the area’s statistical office informed. It is the first time in a year the bloc’s economy shrinks and is 0.3 points lower than the 0.1% expansion from earlier flash readings. The bloc’s economy had expanded by 0.2%…
Read MoreVideo: How the Job Market Is Leaving New Graduates Behind
new video loaded: How the Job Market Is Leaving New Graduates Behind Sydney Ember, a Times business reporter, has been speaking with recent college graduates struggling to find work. She explains why starting a career in the current economy could leave lasting scars on wages and opportunities. By Sydney Ember, Nour Idriss and Stephanie Swart…
Read MoreRussia Considering Lowering Working Age To 12 To Address Jobs Crisis Stemming From Ukraine War
Russia is considering lowering the country’s minimum working age to 12 and reopening child labor camps active during the Soviet Union era to address shortages stemming from the war in Ukraine, according to a new report. The Telegraph noted that Moscow’s children’s rights commissioner, Olga Yaroslavskaya, claimed in a radio interview that almost all of…
Read MoreTrump Says He’d Be ‘Honored’ To Meet Iran’s Supreme Leader If It Were To Finalize a Deal
President Donald Trump said he would be “honored” to meet with Ayatollah Mojtaba Khamenei if it were to finalize a deal between the U.S. and Iran. “If we make a deal, it’s possible that I would meet,” Trump told press. “I’d be okay with that.” He went on to say that he would expect Khamenei…
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