[posting]63661774[/posting]
World's Largest Shipper Warns Of Collapsing Volumes, Dashes Hope For V-Shaped Recovery
by Tyler Durden
Thu, 05/14/2020 - 02:45
A.P. Moller-Maersk A/S, the world's largest container line, warned Wednesday that global trade will continue to falter with volumes declining by at least a quarter in 2Q20. Maersk dashed all hope that a V-shaped recovery will be seen in the back half of the year, rather suggesting a U-shaped recovery is more plausible.
"Looking into Q2 2020, visibility remains low as a result of the COVID-19 pandemic. We continue to support our customers in keeping their supply chains running, however as global demand continues to be significantly affected, ...
https://www.zerohedge.com/markets/worlds-largest-shipper-war…
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FBI Probes More Firms Over Venezuelan Oil Deal
By Julianne Geiger - May 13, 2020, 6:30 PM CDT
The Federal Bureau of Investigation is looking into multiple European and Mexican oil companies that may be involved in violating U.S. sanctions surrounding Venezuela’s oil industry, according to four anonymous sources who spoke to Reuters.
The Mexican oil companies finding themselves under scrutiny are Libre Abordo, Grupo Jomadi Logistics and Cargo, and Schlager Business Group. The European firms include commodity trading and distribution company Elemento Ltd, and Geneva-based Swiss Oil Trading and Supply SA—a physical crude oil trading company.
The FBI is gathering data for a US Treasury Department inquiry, to see which, if any, of the abovementioned companies violated the U.S. sanctions that seek oust the Nicolas Maduro regime.
Neither the US Department of Justice nor the Treasury Department confirmed that the companies were being investigated, Reuters said.
Venezuela and its troubled oil industry have been ...
https://oilprice.com/Latest-Energy-News/World-News/FBI-Probe…
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Bloomberg meldet Umladeproblem mit saudischem Öl in USA
20:07 13.05.2020(aktualisiert 20:33 13.05.2020) https://sptnkne.ws/CvDQ
Saudi-arabische Supertanker sind auf ein Problem beim Ausladen von Öl in den USA gestoßen, berichtet die Agentur Bloomberg. Wegen des Mangels an Schiffen, die das Öl aus einem Tanker pumpen und es ans Land bringen können, müssen die Tanker länger als die üblichen vier bis sechs Tage warten.
So ist ein Tanker, der am 1. Mai in den Hafen eingelaufen war, bisher nur zu Hälfte entladen.
Die Situation wird durch eine Steigerung der Rohöllieferungen an die Küste des Golfs von Mexiko verkompliziert. Wie der Hauptanalytiker für Schifffahrt in der Industriegruppe BIMCO, Peter Sand, sagte, waren vor etwa einem Monat 18 Supertanker in der Richtung Golf von Mexiko unterwegs. Üblicherweise seien es ...
https://de.sputniknews.com/wirtschaft/20200513327107460-bloo…
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Trump Slams Druckenmiller's Apocalyptic Outlook, Says "So-Called 'Rich Guys' Are Betting Against Economy"
by Tyler Durden
Wed, 05/13/2020 - 10:33
One day after investing legend Stanley Druckenmiller slammed the stock market, saying "the risk-reward for equity is maybe as bad as I've seen it in my career," warned the Fed will not be able to reverse the economic fallout from the coronavirus, lashed out at the US response to the pandemic and warned a corona vaccine would have little impact on individual behavior ("I don't see why anybody would change their behavior because there's a viral drug out there"), and was generally apocalyptic saying "there's a good chance that we just cracked the credit bubble that's the result of free money", none other than President Trump put Druck (and other "rich" skeptics) in his sights, when moments ago he slammed "rich guys" for speaking negatively about the market, saying that "some are betting big against it" then "they go positive, get big publicity, and make it going up. They get you both ways." ...
When the so-called “rich guys” speak negatively about the market, you must always remember that some are betting big against it, and make a lot of money if it goes down. Then they go positive, get big publicity, and make it going up. They get you both ways. Barely legal?
— Donald J. Trump (@realDonaldTrump) May 13, 2020 ...
https://www.zerohedge.com/markets/trump-slams-druckenmillers…
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... Blackrock = Schafbock ... \ud83e\udd83 ...
Blackrock Pressed To Divest of All Chinese Assets By NPLC After COVID, Human Rights Abuses
by Tyler Durden
Wed, 05/13/2020 - 14:01
Update (1355ET): Just minutes after the "threat" from China, the National Legal and Policy Center (NLPC) issueed a press release asking Blackrock - the world's largest asset manager - to divest its customer's money from the 137 Chinese companies currently listed on American stock exchanges.
The letter was addressed to BlackRock Chair and CEO Larry Fink:
Of the 137 Chinese companies currently listed on American stock exchanges, eleven are at least 30% owned by the Chinese government and all are "under the influence and ultimate control of the Communist Party of China."
BlackRock, the world's largest investment manager, recently divested itself of certain companies producing thermal coal in response to demands by anti-fossil fuel activists. In the letter, NLPC Chairman Peter Flaherty cited this "precedent" and argued that Chinese companies "that manufacture equipment for Xi's surveillance state or that are dominated by the People's Liberation Army raise even bigger ethical questions."
"China is the world's worst human rights abuser and greatest threat to world peace through its military buildup and increasingly imperial ambitions," Flaherty writes.
"Some investment managers argue that factors like human rights should not be considered in investment decisions because they have a fiduciary duty to investors to obtain the best possible return. Of course, you have specifically rejected this argument by applying a host of ESG litmus tests to BlackRock's investments."
"In light of your self-appointment as moral arbiter for corporate America, you cannot now pick and choose which moral imperatives you will honor and which you will ignore. Unless BlackRock divests from Chinese companies, your 'leadership' will amount to empty virtue-signaling."
We suspect this is a trial balloon, ... https://nlpc.org/ ...
https://www.zerohedge.com/markets/china-preparing-punishment…
...
... Alibaba, ... https://topforeignstocks.com/foreign-adrs-list/the-full-list… ...https://www.uscc.gov/chinese-companies-listed-major-us-stock…
https://www.uscc.gov/sites/default/files/Chinese%20Companies…
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A. Wed. May 13 6:59 pm EDT Fleming Military Intel Contact Update:
1. Judy Shelton has been installed behind the scenes at the Federal Reserve as Trump's point person to oversee, along with the UST team, the RV release sequence and payouts in the new gold-backed, asset-backed USN.
2. Legally Judy Shelton had to have adjudicated settlement deliveries (CMKX and other PPs) going out before Tier 4a,b started so as to not invite a boatload of post-RV domestic and international lawsuits against the US Treasury and Trump Administration. ...
https://operationdisclosure1.blogspot.com/2020/05/restored-republic-via-gcr-as-of-may-14.html