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zugzwang

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  1. Mid '25 at the soonest, I reckon now. 👇 https://oilprice.com/Energy/Crude-Oil/Standard-Chartered-Global-Oil-Demand-Will-Pick-Up-Strongly-In-May-And-June.html Chartered: Global Oil Demand Will Pick Up Strongly In May And June By Alex Kimani - Apr 24, 2024, 7:00 PM CDT The crude inventory build at the middle of the month triggered fears that oil demand could be weakening. StanChart has forecast that global oil demand will pick up strongly in May and June, exceeding 103 mb/d for the first time in May. Oil prices have held steady week on week despite a significant inventory build in U.S. crude two weeks ago, which was countered by a draw in U.S. crude stockpiles for the week ending April 19th. Next to this, traders have become less concerned about a potential supply disruption in the Middle East. The crude inventory build at the middle of the month triggered fears that oil demand could be weakening; however, Standard Chartered estimates that global inventories will increase by only 74,000 barrels per day in the month of April, a much smaller build compared with 2.2 million barrels per day (mb/d) build in April 2023 and the 1.4 mb/d build in April 2022. StanChart notes that the markets could be more sensitive to this change in trajectory following the strong counter-seasonal inventory draws during the first quarter of 2024. Even better for the bulls, StanChart has forecast that global oil demand will pick up strongly in May and June, exceeding 103 mb/d for the first time in May (at 103.15 mb/d), increasing further in June to 103.82 mb/d.
  2. One tiny correction. On-the-run Gilts (the most recent issue) typically maintain a slight premium over off-the-run Gilts of the same duration. The generally narrower bid/ask spreads they command and the superior liquidity they offer to investors results in a smaller coupon.
  3. Said punters need to get one of these and save themselves thousands every year!
  4. That fraction which is invested in the means of production!
  5. The railways are a natural monopoly. If the service is publicly owned then the imposition of monopoly rents is circumvented. That means cheaper fares for some, or a superior service for all.
  6. You Brexit boobies wanted the immigrants let into the country by the million. It's only fitting that we build them somewhere to live. As for the idea that you can't commute to work by bike or bus. I've done both without inconvenience for years.
  7. I think you'll find that the government already regulates the production of burgers! Have you not seen an episode of Clarkson's Farm?
  8. The UK, like most other countries, including the US and the EU, does not recognise Taiwan as a state, nor does it maintain formal diplomatic relations with the island. To do so would be tantamount to restarting the Chinese Civil War and taking the nationalist side. The mainland's defence against such treachery would swift and overwhelming.
  9. Might I kindly suggest that you f**k off instead. And learn some history while you're about it! The United Nations recognised the People's Republic of China as the sole, lawful representative of the Chinese people by a majority vote in 1971, in the process acknowledging the PRC's sovereign authority over the Chinese mainland and the island of Taiwan and comprehensively rejecting the competing claims of Chiang Kai-shek's nationalist regime (supported by the Americans) whose representatives were then expelled. https://en.wikipedia.org/wiki/United_Nations_General_Assembly_Resolution_2758 On 15 July 1971, 17 UN members: Albania, Algeria, the Congo, Cuba, Guinea, Iraq, Mali, Mauritania, North Yemen, Romania, Somalia, South Yemen, Sudan, Syria, Tanzania, Yugoslavia, and Zambia, requested that a question of the "Restoration of the lawful rights of the People's Republic of China in the United Nations" be placed on the provisional agenda of the twenty-sixth session of the United Nations General Assembly.[4] In an explanatory memorandum accompanying their request, the 17 UN members observed that for years they had protested against what they considered were hostile and discriminatory policy followed by several governments with regard to the communist government of mainland China, which they considered to be the genuine representative of the Chinese people.[4] The existence of the People's Republic of China, they declared, was a reality which could “not be changed to suit the myth of a so called Republic of China, fabricated out of a portion of Chinese territory”.[4] In the view of the 17 UN members, the ROC were unlawful authorities installed in the island of Taiwan which claimed to represent China, and they remained there only because of the permanent presence of United States Armed Forces.[4] No important international problems, they added, could be solved without the participation of the People's Republic of China. It was in the fundamental interests, they concluded, of the United Nations to "restore" promptly to the People's Republic of China its seat in the organization, thus putting an end to a "grave injustice" and "dangerous situation" which had been perpetuated in order to fulfill a policy that had been increasingly repudiated.[4] This meant the immediate expulsion of the representatives of the Chiang Kai-shek regime from the seat which it held in the United Nations.[4]
  10. Taiwan is a province of China. Its sovereignty (and that of the mainland) was legally determined by a vote in the United Nations. Remember, the rule of law that you previously pretended to be animated by? The world does not recognise the insurrectionists' claims to the island and it never will. It's the NATO terrorists who keep linking Taiwan with the civil war in the Ukraine and the genocide in Palestine. I'm merely expanding on their devious and dishonest intentions. See last night's vote in the US Congress. An outrageous provocation. Chinese socialism works while the rentier capitalist West is stuck semi-permanently in reverse gear. The US isn't even capitalist preferring a spavin-hocked form of cartelism instead. Will it survive a second Trump presidency? I doubt it.
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