In an extremely rare occurrence, the U.S. government will not try to squander every single nickel given to it by its taxpayers. As Sputnik News reports, Washington has pulled the funding on a deal that (through the foreign military financing fund) would subsidize roughly $429 million of a $699 million deal to send up to eight F-16s to Pakistan.
A new scientific study claims that water may be responsible for carving out the dark streaks seen on the surface of Mars. Raw Story reports: A team from France, Britain and the United States constructed models and simulated Mars conditions to follow up on a 2015 study which proffered “the strongest evidence yet” for liquid water — a prerequisite for life — on the Red Planet. That finding had left many scientists scratching their heads as the low pressure of Mars’ atmosphere means that water does not survive long in liquid form. It either boils or freezes.
Via SRSroccoReport.com,
The days of JP Morgan controlling the silver market may be numbered as a new player in the silver market has arrived. For the past several years, JP Morgan held the most silver on a public exchange in the world. While the LBMA may hold (or did hold) more silver, their stockpiles are not made public.
The Turkish Prime Minister said that Ankara was in a position to send ground troops to Syria if necessary. Ahmet Davutoglu seems to believe that it would be alright to invade Syria as NATO’s consistent violation of international law had made it ‘legal’ to do so. Sputnik news reports: He pointed out that such a move by Turkey would be legal as the UN had made a number of decisions on the fight against ISIS in terms of self-defense and countering terrorism. “If necessary, we will send troops to Syria.
Overnight exuberance sparked by lower than expected Cushing build reported by API is fading on the heels of June OPEC headlines of no production limits (and rising Saudi production) heading into DOE inventory data. Crude inventories printed a significantly higher than expected 2.78mm build but Cushing saw a smaller than expected build of 243k. Gaosline surprised with a 536k build (API 1.17m draw) and Distillates saw a smaller than API build of 1.26m barrels.