U.S. Tanker Seizure Expected to Drive Steeper Black-Market Discounts on Venezuelan Oil, Increasing Pressure on Maduro

U.S. Tanker Seizure Expected to Drive Steeper Black-Market Discounts on Venezuelan Oil, Increasing Pressure on Maduro

The U.S. seizure of a supertanker loaded with Venezuelan crude is expected to force black-market buyers to demand even deeper discounts, further tightening financial pressure on authoritarian President Nicolás Maduro‘s government, according to energy analysts consulted by The Conversation. The Dec. 10 operation involved U.S. forces boarding the Skipper, a 20-year-old vessel capable of carrying…

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Americans Brace for Steeper Hospital Costs: Senate Health Care Bill Rejection Fuels 2026 Surge

Americans Brace for Steeper Hospital Costs: Senate Health Care Bill Rejection Fuels 2026 Surge

Millions of American families face a steep increase in health costs just weeks after the holiday season concludes. On Thursday, the US Senate rejected measures to extend critical subsidies, a move that leaves health insurance premiums poised to rise significantly for countless households in the coming new year. This decision concludes months of legislative debate,…

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Steeper US Tariffs Take Effect On Many Brazilian Goods

Steeper US Tariffs Take Effect On Many Brazilian Goods

US tariffs on many Brazilian products surged Wednesday, as President Donald Trump moved ahead with a pressure campaign against the trial of his right-wing ally Jair Bolsonaro. Trump’s latest salvo brings duties on various Brazilian goods from 10 percent to 50 percent, although broad exemptions — including for orange juice and civil aircraft — are…

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Gold prices edge higher on prospect of steeper US rate cuts

Gold prices edge higher on prospect of steeper US rate cuts

GOLD prices inch higher on Monday (Sep 16), supported by a weaker US dollar and on the prospect of a more aggressive rate reduction by the US Federal Reserve at its upcoming policy meeting. Spot gold was up 0.2 per cent at US$2,580.81 per ounce, as at 0020 GMT. Bullion rose to a record high…

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Column-Funds Dump 10-year Treasuries, Eye Steeper U.S. Curve: McGeever

Column-Funds Dump 10-year Treasuries, Eye Steeper U.S. Curve: McGeever

Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. Reuters Hedge funds started the second quarter positioning for a steeper U.S. yield curve by offloading 10-year U.S. Treasuries futures at one of the fastest rates on record. Commodity Futures Trading Commission (CFTC) data for the…

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