Iran
Protesters Storm, Set Fire To Saudi Embassy In Iran
Submitted by Tyler Durden on 01/02/2016 20:03 -0500
On The Trail Of Dubai's Stolen Gold: A Robbed Client Breaks The Silence, And A Fascinating Detail Emerges
Submitted by Tyler Durden on 01/02/2016 16:23 -0500The deeper we dig into the story of Dubai's vaporized gold, the more skeletons just tumble out of the closet on what may be the world's biggest gold smuggling ring ever, one involving not just Turkey and Iran, but the mother of all gold smuggling: China itself...
Saudi Arabia Carries Out Largest Mass Execution In 25 Years After Beheadings Soar In 2015
Submitted by Tyler Durden on 01/02/2016 16:15 -0500Saudi Arabia - that Western-backed bastion of human rights - executed 47 people on Saturday, including a top Shiite cleric whose death sparked protests in Eastern Province and inflamed sectarian tensions across the region.
Protesters Set The Streets On Fire In Bahrain After Saudis Kill Top Shiite Cleric
Submitted by Tyler Durden on 01/02/2016 15:00 -0500
Obama Folds To Iran (Again), Will Delay New Sanctions After Rouhani Threat
Submitted by Tyler Durden on 01/01/2016 10:19 -0500"If the president’s announced sanctions ultimately aren’t executed, it would demonstrate a level of fecklessness that even the president hasn’t shown before."
What's Ahead In 2016 - Key Events Of The Next 12 Months
Submitted by Tyler Durden on 12/31/2015 19:30 -0500Elections, elections, and more elections is the 'regime change' meme for 2016 but, as Bloomberg details, the key events of the year ahead vary from a California marijuana referendum to Brazil's Olympics, and from Davos to SCOTUS. No matter what, 2016 holds a lot of opportunity for volatility, and without The Fed's safety net, who knows what that means for markets...
15 News Stories From 2015 You Should Have Heard About But Probably Didn't
Submitted by Tyler Durden on 12/31/2015 17:45 -0500In 2015, the iron fist of power clamped down on humanity, from warfare to terrorism to surveillance, police brutality, and corporate hegemony. The environment was repeatedly decimated, the health of citizens was constantly put at risk, and the justice system and media alike were perverted to serve the interests of the powers that be. However, while 2015 was discouraging for more reasons than most of us can count, many of the year’s most underreported stories evidence not only a widespread pattern that explicitly reveals the nature of power, but pushback from human beings worldwide on a path toward a better world.
Iran Defies Obama, Orders Expansion Of Missile Program
Submitted by Tyler Durden on 12/31/2015 11:56 -0500Earlier today, we outlined Washington's plan to slap new sanctions on Iran in connection the October test-firing of Tehran's next generation, surface-to-surface ballistic-missile Emad. It didn't take long for Iran to hit back, with President Rouhani now reportedly ordering the Defense Ministry to "expedite" missile development.
VIX-Selling Scramble, Crude-Buying Panic Sends S&P Green For 2015 (For Now)
Submitted by Tyler Durden on 12/31/2015 11:46 -0500USDJPY tried and failed... and so the machines shifted their momentum ignition efforts to crude - ramping WTI back up to post-API inventory build levels... If this fails to break the S&P above VWAP, VIX will be slammed...
Obama To Hit New "Friend" Iran With Fresh Sanctions Over Contested Ballistic-Missile Program
Submitted by Tyler Durden on 12/31/2015 07:53 -0500On the heels of a “close call” in the Strait of Hormuz on Sunday, Washington is preparing new sanctions against a handful of companies and individuals tied to Tehran’s ballistic-missile program. "We've been looking for some time at options for additional actions related to Iran's ballistic missile program based on our continued concerns about its activities,” an unnamed US official says. Iran calls the new actions "illegal."
Frontrunning: December 31
Submitted by Tyler Durden on 12/31/2015 07:42 -0500- Oil ends 2015 in downbeat mood; hangover to be long, painful (Reuters)
- Recession, retrenchment, revolution? Impact of low crude prices on oil powers (Guardian)
- Midwest Flooding Might Make the Oil Glut Worse (BBG)
- From Oil Glut to Shortage? Some Say It Could Happen (WSJ)
- Ten Years After Blowup, Amaranth Investors Waiting to Get Money Back (WSJ)
- China Fires a Warning Shot at Yuan Speculators With Bank Bans (BBG)
Guest Post: "American Capitalism" No Longer Serves Society
Submitted by Tyler Durden on 12/30/2015 22:25 -0500America is being destroyed by problems that are unaddressed. Unbridled greed, short-term in nature, will continue to drive America into the ground.
Stocks Flash Crash Into Close As Emerging Market, Commodity Carnage Spreads
Submitted by Tyler Durden on 12/30/2015 19:02 -0500Caught On Tape: Saudi Warplanes Vaporize Coca Cola Plant In Yemen
Submitted by Tyler Durden on 12/30/2015 15:40 -0500
WTI Crude Extends Losses As Production Rises & Inventories Unexpectedly Build
Submitted by Tyler Durden on 12/30/2015 10:38 -0500Last night's surprisingly large inventory build reported by API (+2.9mm vs expectations of -2.5mm) sent hopeful crude prices reeling (not helped by comments from Iran and Saudi this morning). Following last week's huge 5.9mm draw, DOE reports a 2.63mm build (confirming API's data). Cushing (which API reported as a 923k build) also saw DOE report a 0.9mm barrel build (pushing closer to its limits). As we have detailed previously, December typically sees major drawdowns in inventory as energy firms attempt to minimize tax burdens into year-end. December 2015 has seen a notably lower drawdown.



