US Govt Is Buying Crude

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🛢️ 🛢️ OPEC Cuts Are Useless: The United States is taking advantage of low oil prices and refilling the Strategic Petroleum Reserve as much as it can
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COP 28 Is A Farce. Here’s Why

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☀️ 🛢️ After All The Hype The Truth Emerges: Saudi Arabia’s energy minister says his country won’t support a COP28 agreement to phase down fossil fuels
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Goldman: China’s Easing Measures Too Little

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🇨🇳 🇨🇳 “#China efforts to boost the economy have #failed to inspire investor confidence. Simply put, that’s because easing measures have been too little too late.” Goldman Sachs estimated that bank loans to developers may increase up to about 400 billion yuan ($56 billion), a drop in a bucket when compared with about 27 trillion yuan needed to complete all construction backlogs
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Canada: It’s Getting Worse

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🇨🇦 🇨🇦 #Canadian #rents outpace income for the first time in 60 years, per BMO
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Isrsel: Short Selling Rumours Circulating

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🇮🇱 🇮🇱 #Israeli authorities are investigating claims by U.S. researchers that some investors may have known in advance of a Hamas plan to attack Israel on Oct. 7 and used that information to profit from Israeli securities by dramatically increasing #short #selling, per Reuters
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J&J Is Undervalued

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🚨 🚨 #Johnson & #Johnson is making a push to resolve lawsuits claiming its talc-based Baby Powder causes cancer linked to asbestos exposure to avoid facing some jury trials next year
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Hindenburg Research: Blow In The Face

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🇺🇸 🇮🇳 #Hindenburg—Big Blow In The Face: The US government concluded that short-seller Hindenburg Research’s allegations of corporate fraud against Indian billionaire Gautam Adani weren’t relevant before extending his conglomerate as much as $553 million for a container terminal in Sri Lanka, a senior US official said
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China Stock Index Is Oversold

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🇨🇳 🇨🇳 BREAKING: China’s benchmark stock gauge has fallen to a level seen as oversold. The CSI 300 Index dropped as much as 0.9% Tuesday to its lowest level since February 2019. That pushed its 14-day relative strength index below 30, a level some traders see as indicating the market fell too far, too quickly
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INSEAD: Indonesia Climbs 14 Spots

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🇮🇩 🇮🇩 #Indonesia climbed 14 spots in INSEAD’s Global Talent Competitiveness Index for 2019-2023 compared with the previous five-year period, making it the world’s second-biggest gainer after Albania’s 16-spot jump. Still, there’s more to be done for Southeast Asia’s largest economy that placed 75th out of 113 countries
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Store Your DNA On A Card

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🧠🧠 #Biomemory, a digital storage startup, has introduced DNA storage cards that store digital information in unique strands of DNA. Each card costs $1,000 and comes with one kilobyte of storage
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