America

Will be leaving for Missouri soon for a speech on tax cuts and tax reform - so badly needed!

— Donald J. Trump (@realDonaldTrump) August 30, 2017

Front-month (Sept) RBOB Gasoline futures traded as high as $1.90 this morning - the highest since July 2015 - as more refiners (including America's largest) shutdown output due to Harvey's impact.

As Bloomberg reports, America’s largest oil refinery is joining the spate of shut-downs in the face of Tropical Storm Harvey’s apocalyptic rains, potentially reducing U.S. fuel-making capacity to the lowest level since 2008.

Five days after it first plowed into southwest Texas as a category 4 hurricane, Tropical Storm Harvey has made second landfall west of Cameron on the border between Texas and Louisiana, early Wednesday according to the National Hurricane Center. The storm, which has already pummeled the city of Houston with more than 50 inches of rain – a new record for the contiguous US, according to the Wall Street Journal – has left at least 18 dead, including two Houston police officers, and forced tens of thousands of people from their homes.

Authored by Peter Korzun via The Strategic Culture Foundation,

China and Russia are set to sign a milestone agreement in October on joint space exploration from 2018 to 2022, sending manned missions to the Moon for the first time.

The bilateral agreement will cover five areas including lunar and deep space exploration, developing special materials, collaboration in the area of satellite systems, Earth remote sensing, and space debris research.

Authored by Richard Drake via TheAmericanConservative.com,

The suicide in the Friuli region of northern Italy earlier this year of a 30-year-old man, identified in the newspapers only as Michele, has become a symbol of the country’s unemployment tragedy, particularly as it affects young people.