PARIS—Global aviation needs $4 trillion over the next 20 years to fund new commercial deliveries and transform the world’s fleet to reduce emissions, leasing firm Avolon said on Tuesday. Airlines and leasing companies will take delivery of 44,300 commercial passenger aircraft by 2042, of which approximately half will be for replacement and half for growth,…
US Stocks End Higher as Inflation Data Cements Bets on Rate Hike Pause
The S&P 500 and Nasdaq reached their highest closes in 14 months on Tuesday after data showed consumer prices rose modestly in May, boosting bets that the Federal Reserve will not raise interest rates on Wednesday. Nvidia jumped 3.9 percent, becoming the first chipmaker to end a trading session with a market capitalization above $1…
Bunge to Buy Viterra in $18 Billion Deal That Would Create an Agricultural Powerhouse
Bunge is buying Viterra in a deal valued at approximately $18 billion to create a global agricultural giant. Viterra shareholders will receive about 65.6 million shares of Bunge stock, valued at approximately $6.2 billion and about $2 billion in cash. Bunge will assume $9.8 billion of Viterra debt. Bunge’s grain and softseed handling capacity will…
Australian Leading Financial Expert Calls For Better Solutions to Inflation
June 13, 2023
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AustraliaAustralian inflationBusiness & Marketseconomic policieseconomyinflationinterest rate hikespersonal financerecessionReserve Bank of AustraliaWorld
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One of Australia’s leading financial experts, Mark Bouris, has called for better solutions to tame high inflation, expressing deep concern following the RBA’s June interest rate hike. In a piece published in news.com.au, the executive chairman of Yellow Brick Home Loans has asked for an explanation of the central bank’s latest decision to institute the…
Former Labor Minister to Head New Net-Zero Agency
Former Labor climate change minister Greg Combet has been picked to head the agency tasked with easing the transition to a renewable energy-fuelled economy. The ex-union boss will chair the Net-Zero Agency, which the Labor government has established to ensure workers, industries, and communities don’t miss out during the push to reach net-zero carbon emissions. Combet,…
[ATL:NOW at 6/14, 9:30AM ET] Rep. Ralph Norman on the Left’s Power Grabs, From Trump’s Indictment to the WHO’s Pandemic Treaty
June 13, 2023
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2024 electionAMERICAAmerican Thought LeadersBiden Documents ProbeBusiness & MarketsBusinesses in COVID-19CCPCCP VirusChina Newsclassified documentscover-upCovid pandemicDemocratsDonald J. Trump IndictmentDonald TrumpElection IntegrityEpochTVFBI Raids Trump ResortFeatured TopicsJack SmithJan. 6 CoverageLive VideosPandemic Ties to CCPPoliticsRalph Normanrep. ralph normanThe World Health OrganizationThreat from Communist ChinaUSUS NewsUS-China relationsVaccines & SafetyVideoWHO pandemic treaty
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2024 electionAMERICAAmerican Thought LeadersBiden Documents ProbeBusiness & MarketsBusinesses in COVID-19CCPCCP VirusChina Newsclassified documentscover-upCovid pandemicDemocratsDonald J. Trump IndictmentDonald TrumpElection IntegrityEpochTVFBI Raids Trump ResortFeatured TopicsJack SmithJan. 6 CoverageLive VideosPandemic Ties to CCPPoliticsRalph Normanrep. ralph normanThe World Health OrganizationThreat from Communist ChinaUSUS NewsUS-China relationsVaccines & SafetyVideoWHO pandemic treaty
“It’s a travesty of justice. This is what happens in third world countries.” In this episode of ATL, I sit down with Rep. Ralph Norman (R-S.C.) to discuss Trump’s arraignment, in which the former president is pleading not guilty to federal charges. “It’s a dog and pony show and we’ll see how it turns out….
Closing Prices for Crude Oil, Gold, and Other Commodities (June 13)
June 13, 2023
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Benchmark U.S. crude oil for July delivery rose $2.30 to $69.42 a barrel Tuesday. Brent crude for August delivery rose $2.45 to $74.29 a barrel. Wholesale gasoline for July delivery rose 8 cents $2.56 a gallon. July heating oil rose 9 cents to $2.40 a gallon. July natural gas rose 7 cents to $2.34 per…
How Major US Stock Indexes Fared June 13
Stocks climbed after a cooler reading on inflation bolstered Wall Street’s expectations that the Federal Reserve will hold off on another interest rate hike this week. The S&P 500 rose 0.7 percent Tuesday, touching heights unseen since April 2022. The Dow Jones Industrial Average gained 145 points, while the Nasdaq composite rose 0.8 percent. Stocks…
US Needs to Lend More to IMF, Other Global Institutions to Bolster Influence: Yellen
The United States needs to have a greater leadership role in the International Monetary Fund (IMF) and other international financial institutions to support impoverished countries and limit China’s influence, says Treasury Secretary Janet Yellen. Yellen appeared before the House Financial Services Committee, defending a proposal to bolster the government’s participation in the IMF’s New Arrangements…
Reddit Goes Offline Amid Mass Community Protests Over New Pricing Policy
Social platform Reddit went offline for some time on June 12 when numerous subreddits or communities began protesting against the company’s new policy for access to the application programming interface (API), which would charge web developers for access to the site’s backend interface. The outage began at about 10:25 a.m. Eastern time, TechCrunch reported. “We’re aware of…
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