As Russia began positioning forces for an unprovoked invasion of Ukraine at the end of 2021, oil speculators did what oil speculators do in every potentially difficult situation: They drove oil future prices up. A week before the invasion began on Feb. 24, 2022, prices for West Texas crude had already been elevated by $20 a barrel to over $90.
UPDATE: Thursday, Dec 1, 2022 · 8:07:55 PM +00:00
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Mark Sumner
Christmas is coming. Don’t forget to set aside some cash for the guys who make life tolerable — and are more important to your day-to-day life than every athlete, celebrity, and social media influencer in existence.
City workers in frontline #Bakhmut continuing to collect garbage even under shelling. https://t.
In a Thursday-issued ruling, a three-judge panel for the 11th Circuit Court of Appeals has vacated Judge Aileen Cannon’s baffling prior order blocking the federal government from using stolen government documents seized at Donald Trump’s Mar-a-Lago estate while instead ordering a new “special master” to evaluate Trump’s alleged ownership claims to those documents.
The ongoing humanitarian crisis situation in Haiti is getting worse. Meanwhile, the Dominican Republic, which shares the same island, continues to round up and deport people they believe to be undocumented Haitians living in the Dominican Republic. They then dump them across the border. Last week the untenable situation became even worse when the United States embassy in the Dominican Republic issued a warning to travelers from the U.S.
The president’s choice is likely to rule the day with DNC members and disappoint New Hampshire and Nevada.
Maryland’s term-limited Republican governor is fueling speculation that he’s likely to run for president in a growing anti-Trump lane.
Her opponent, Rep. Scott Peters (D-Calif.), drew scrutiny for helping water down a bill that empowered Medicare to negotiate lower prescription prices.
This is an edition of The Great Game, a newsletter about the 2022 World Cup—and how soccer explains the world. Sign up here.When Ghana meets Uruguay tomorrow, the Black Stars will be out for redemption—or vengeance, depending on how you look at it.Twelve years ago in South Africa, Ghana were on the verge of becoming the first African team to make it to the semifinals of a World Cup, the first in the tournament’s history to be hosted by an African nation.
During a disturbing interview with Alex Jones, Ye said he would give the Infowars host the reins to his Twitter account.
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.What did the Oath Keepers and other militia groups really think they would achieve by attacking American democracy and losing everything? I suspect they wanted only one thing: to escape the boredom of their own lives.But first, here are three new stories from The Atlantic.
Andy Jassy said “a retailer of content to hundreds of millions of customers with a lot of different viewpoints” has “to allow access to those viewpoints, even if they are objectionable.
December is here and with it comes the third winter of the pandemic. With holiday travel and indoor family gatherings, the season has brought tragic spikes in COVID cases the past two years. Are we in for more of the same, or will this winter be different?The Atlantic deputy editor Paul Bisceglio talks with the staff writer Katherine Wu about what to expect.
New York Mayor Eric Adams announced this week that police and emergency medical workers will start hospitalizing people with mental illness against their will, even if they pose no threat to others. Rights groups and community organizations have slammed the move as inhumane and are demanding better access to housing and other support for people struggling with mental illness and homelessness. “That does require funding. That does require investment.
With a new Congress being sworn in next month, Democratic lawmakers have a busy lame-duck session during which they will try to pass as many bills as possible before losing their majority in the House of Representatives.
Jurors in Washington, D.C., on Tuesday found Oath Keepers founder Stewart Rhodes guilty of seditious conspiracy for plotting to keep Donald Trump in power after the 2020 election, resulting in the deadly January 6 insurrection at the Capitol. Kelly Meggs, who led the Florida chapter of the Oath Keepers, was also convicted of seditious conspiracy, and three other insurrectionists were found guilty of other felonies.
He also criticized China’s Covid-19 response as “shutdowns without a seeming purpose.
“I think we’re going to see a lot more people getting vaccinated in the upcoming weeks. This is why we’re launching the campaign we are right now,” said Ashish Jha, the coordinator of the White House’s Covid-19 response.
The Georgia Supreme Court Wednesday reinstated the state’s ban on abortions after roughly six weeks of pregnancy.
Inflation has cooled only slightly and job growth remains strong.
A new POLITICO-Morning Consult poll suggests voters’ views of the economy are baked in.
Housing investment, though, plunged at a 26 percent annual pace, hammered by surging mortgage rates.
According to an NBC News poll released Sunday, 70 percent of registered voters expressed interest in the upcoming election as a “9” or “10” on a 10-point scale.
In a remarkable courtroom scene, Manhattan District Attorney Alvin Bragg asked a New York judge Monday to dismiss murder charges against Tracy McCarter, who says she acted in self-defense when her estranged husband died from a stab wound in the chest in 2020. Bragg campaigned on a promise to fight to free McCarter of murder charges, though, when elected, advocates say his actions initially fell short.
“I substantially underestimated what the scale of the market crash could look like,” the former cryptocurrency wunderkind said.
The Fox News host continues to outdo himself.
OnX is an app that’s intended to help hunters find public land so they can go after deer, elk, or whatever they happen to be hunting. At first glance, that may not seem like news, but users of that app get an invaluable view of just who owns the property around them, which is critical when trying to reach public lands where hunting is legal.
UPDATE: Wednesday, Nov 30, 2022 · 10:05:21 PM +00:00
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Mark Sumner
There are reports in the last few hours that Russia has managed to capture both Kurdyumivka and Ozarianivka south of Bakhmut.
Bakhmut Area. Open in another tab for a closer look.
If confirmed, this would be a significant advance for Russia.
House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer are staring down the double-barreled threat of multiple, critical deadlines and the knowledge that the House is going to be turned over to a raft of incompetent maniacs in a little more than one month’s time. The two leaders allowed their members to come back from the election on Nov. 8 and accomplish very little, then take the full Thanksgiving week—and the days book-ending it—off.
The Interior Department announced on Wednesday that three tribal communities will be relocated due to climate change-worsened erosion effectively making their homes uninhabitable. The Newtok Village and Native Village of Napakiak in Alaska will receive $25 million a piece from the agency for the move, as will the Quinault Indian Nation in Washington. Around $135 million will be spent in these efforts, with the Federal Emergency Management Agency (FEMA) contributing $17.7 million.
Rep. Donald McEachin, a Democrat elected to represent Virginia’s 4th Congressional District in 2016, died Monday at the age of 61, just weeks after winning a fourth term. McEachin’s chief of staff said in her statement, “Valiantly, for years now, we have watched him fight and triumph over the secondary effects of his colorectal cancer from 2013. Tonight, he lost that battle.”
It will be up to Republican Gov.