$ORCL now predicted to destroy the global pension system and stock markets through its current collapse that initiated from hiding operating cash flow problems via Enron style accounting of “Customer Pre-Payments with Significant Interest Component” and first Force Majeur announcement of a public company (outside COVID, miners, and drillers) since Enron
If a wanted war criminal (whose forces have killed Americans) comes to US soil, attacks Americans (including the mayor of the largest city), and then says "Remember the beepers" referring to a terrorist attack he committed — how can that be taken as anything other than a threat?
BREAKING: Trump administration prepares 90-day total diesel export ban, with Trump inclined to announce it by the end of the week, per Politico.
Energy Secretary Chris Wright called energy CEOs on Tuesday night to tell them a 90-day ban was coming in the coming days, and a number of them immediately called the White House to push back. One oil industry executive who has discussed the ban with senior White House officials says Trump would consider any blowback and consequences "a December problem."
An external adviser to the administration says there has been "a bunch of frantic outreach" searching for alternatives and calls the ban "a terrible idea," yet Trump is expecting to proceed anyways.
It would be the first US diesel export ban in history, and Europe would be hit hardest as the biggest customer of the world's largest diesel exporter, with Russia, the second largest, already halted. US diesel is at a record $6.53 a gallon.