The main reason for oil's torrid surge over the past 2 days is that following yesterday's Russia-Opec "oil production cut" headline fiasco, crude traders - who as we previously reported already had a record net short position - scrambled to cover their exposure on the assumption that where there is oily smoke, there will be fire.
Cruz and Rubio had the worst of it last night:
The frontrunner might have been wise to skip the debate after all. While he held a dueling event across town, Ted Cruz and Marco Rubio were confronted with video montages of their past statements on immigration, putting them each on the defensive about a contentious issue that has been elevated to new heights in the Trump era.
The United States has warned Israel that products imported from the occupied West Bank should not be labeled as “made in Israel.” Guidelines were reissued last week by US Customs authorities in response to the repeated mislabeling of products made in the West Bank. Press TV reports: US State Department spokesman Mark Toner said on Thursday the decision to reissue the policy had been taken after mislabeling complaints. “US Customs and Border Protection reissued guidance on their marking requirements,” he told reporters in Washington, DC.
From the Archive: Many defenders of Ukraine’s post-coup government dismiss reports about neo-Nazis playing key roles in the U.S.-backed regime, but even the most enthusiastic Western propagandists have occasionally glimpsed that reality – and worse, as Robert Parry reported in last July. By Robert Parry (Originally published on July 7, 2015) In a curiously upbeat…
A disturbing number of Indian citizens have signed up to become ISIS militants, with around 30,000 people ready to wage war on India, according to government data. Zee News reports: ISIS is using these people to hack secret data of Indian government; the terror outfit will use the data to forge strategy to harm India. ISIS contacted these people online. Now, cyber officials are keeping an eye to social media to curb these activities. According to a Maharashtra ATS officials, they have blocked 94 websites so far. These websites had content related to ISIS.