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10.01.26 - 04:24
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U.S. Dollar Climbs Against Majors (AFX)
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WASHINGTON (dpa-AFX) - The U.S. dollar climbed against its major counterparts in the New York session on Friday.The greenback climbed to multi-week highs 1.1618 against the euro, 1.3389 against th......
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10.01.26 - 04:15
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Trump calls for one-year 10 percent cap on credit card interest rates (The Hill)
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President Trump on Friday night called on credit card companies to cap interest rates at 10 percent. “Please be informed that we will no longer let the American Public be 'ripped off' by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe......
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10.01.26 - 03:18
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Venezuela′s Methane Problem Looms Over Trump′s Oil Revival Plan (ZeroHedge)
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Venezuela's Methane Problem Looms Over Trump's Oil Revival Plan
President Trump's push to revive Venezuela's oil sector is colliding with a major technical obstacle: vast methane leaks from crumbling infrastructure that could scare off large international investors, according to Bloomberg.
Satellite monitoring shows huge plumes of methane rising from abandoned rigs, corroded pipelines and aging facilities across the country. Those emissions signal both lost revenue and deep operational problems — conditions that tend to deter major oil companies. As Clayton Nash of Tegre Corp. put it, “That's one way that you're going to know that you've got facilities that are not operated well.”
Each year Venezuela wastes about 13 billion cubic meters of natural gas through flaring, venting and leaks, roughly $1.4 billion in potential revenue. About a quarter of its total gas output escapes into the atmosphere — the highest rate globally and nearly ten times the world average. The scale of tho...
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10.01.26 - 03:18
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Three Takeaways From Trump′s Seizure Of A Russian-Flagged Tanker In The Atlantic (ZeroHedge)
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Three Takeaways From Trump's Seizure Of A Russian-Flagged Tanker In The Atlantic
Authored by Andrew Korybko,
The overarching trend is that the US is militarily reasserting its historical “sphere of influence” over the Americas, and enforcing the maritime component of “Fortress America” is so important for Trump 2.0 that it's willing to rubbish the “rules-based order” over it and even risk an accidental war with Russia.
The Russian-flagged Marinera tanker was just seized by the US in the Atlantic. It was earlier named the Bella 1 and is under US sanctions due to connections to Hezbollah. It sailed under the Guyanese flag from Iran to Venezuela and attempted to break the US' blockade. It failed, turned around, changed its name to the Marinera, and received a temporary permit to sail under the Russian flag before being seized. Russian then demanded that its citizens on board be treated humanely and returned home.
Secretary of War Pete Hegseth posted that “The blockade o...
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10.01.26 - 01:42
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Stocks Rise as Payroll Growth Slows: Trump Meets Oil Executives | The Close 1/9/2026 (Bloomberg)
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Hartree Partners' Ed Morse, Goldman Sachs' Carly Davenport, Pipeline's Katica Roy, Gabelli Funds' John Belton, National Center for Energy's Neil Atkinson, Eurasia Group's Jon Lieber, Stord's Sean Henry, Circle's Wyclef Jean and Kash Razzaghi. (Source: Bloomberg)...
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