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Conversations on Groong - December 14, 2025In this episode of Conversations on Groong, we examine how Venezuela's vast oil reserves have become entangled in global conflict. The discussion links US pressure on Caracas to efforts to drive down oil prices, weaken Russia's war effort in Ukraine, and limit Iran's regional power amid rising fears of a wider war. We also explore how a revived Venezuelan oil sector could disrupt OPEC+, reshape Middle East politics, and alter the balance of power across today's conflict zones.Topics:Venezuela's oil and US pressureTrump, oil prices, and OPEC+Middle East fallout from cheap oilUkraine war and Iran conflict stakesGuest: Harry IstepanianHosts:Hovik ManucharyanAsbed BedrossianEpisode 495 | Recorded: December 11, 2025SHOW NOTES: https://podcasts.groong.org/495VIDEO: https://youtu.be/g0bH2EFA3GU#Venezuela #OilPolitics #Geopolitics #USForeignPolicy #EnergyWarsSubscribe and follow us everywhere you are: linktr.ee/groong
Hour 1 of https://rushtoreason.com launches with high-stakes energy as John Rush and Andy Peth dive straight into one of the biggest media battles in years: Netflix vs. Paramount in a multi-billion-dollar fight for Warner Bros. Discovery. Their guest, Jordan Goodman—America's Money Answer Man —breaks down the bidding war that could reshape Hollywood. Will this merger reduce creative freedom? Will HBO and Netflix under one roof change everything you watch? But the hour doesn't stop there. The conversation shifts to global tension as Trump positions massive U.S. military power near Venezuela. Is this the beginning of a regime collapse—or a strategic bluff meant to force Maduro out without firing a shot? And how will oil markets respond? Finally, Jordan unpacks new economic shocks: unexpected job losses, a deeply divided Federal Reserve, and a looming Supreme Court decision on Trump's tariffs that could upend the entire U.S. economic strategy. What happens if the Fed cuts too slowly? What if tariffs vanish overnight? And how will all of this hit your wallet? This hour asks the questions everyone else is afraid to raise. HOUR 2 Hour 2 opens with a deep dive into America's energy future as John Rush and Andy Peth welcome Larry Behrens of https://powerthefuture.com. Larry explains why the price of Thanksgiving dinner—and nearly everything you buy—traces back to one force: energy. But if oil prices are dropping, why aren't grocery bills falling just as fast? And how much do mysterious fuel blends, seasonal changes, and decisions made by blue states really cost you? The hour then pivots from energy to politics, exploding into a no-holds-barred critique of Colorado's fractured GOP. Can Republicans win anything—from Congress to the governor's race—when rogue factions sabotage electable candidates? Why are spoiler candidates being propped up in must-win districts? Finally, the conversation intensifies as callers challenge Trump's strategy in Venezuela. Is this saber-rattling, or a long-term geopolitical play designed to weaken OPEC, stabilize oil markets, and strengthen the American economy? And how does Venezuela's sour crude connect to U.S. inflation, housing affordability, and long-term prosperity? This hour pushes listeners to rethink energy, politics, and foreign strategy in ways few shows dare to explore.
Hour 1 of https://rushtoreason.com launches with high-stakes energy as John Rush and Andy Peth dive straight into one of the biggest media battles in years: Netflix vs. Paramount in a multi-billion-dollar fight for Warner Bros. Discovery. Their guest, Jordan Goodman—America's Money Answer Man —breaks down the bidding war that could reshape Hollywood. Will this merger reduce creative freedom? Will HBO and Netflix under one roof change everything you watch? But the hour doesn't stop there. The conversation shifts to global tension as Trump positions massive U.S. military power near Venezuela. Is this the beginning of a regime collapse—or a strategic bluff meant to force Maduro out without firing a shot? And how will oil markets respond? Finally, Jordan unpacks new economic shocks: unexpected job losses, a deeply divided Federal Reserve, and a looming Supreme Court decision on Trump's tariffs that could upend the entire U.S. economic strategy. What happens if the Fed cuts too slowly? What if tariffs vanish overnight? And how will all of this hit your wallet? This hour asks the questions everyone else is afraid to raise. HOUR 2 Hour 2 opens with a deep dive into America's energy future as John Rush and Andy Peth welcome Larry Behrens of https://powerthefuture.com. Larry explains why the price of Thanksgiving dinner—and nearly everything you buy—traces back to one force: energy. But if oil prices are dropping, why aren't grocery bills falling just as fast? And how much do mysterious fuel blends, seasonal changes, and decisions made by blue states really cost you? The hour then pivots from energy to politics, exploding into a no-holds-barred critique of Colorado's fractured GOP. Can Republicans win anything—from Congress to the governor's race—when rogue factions sabotage electable candidates? Why are spoiler candidates being propped up in must-win districts? Finally, the conversation intensifies as callers challenge Trump's strategy in Venezuela. Is this saber-rattling, or a long-term geopolitical play designed to weaken OPEC, stabilize oil markets, and strengthen the American economy? And how does Venezuela's sour crude connect to U.S. inflation, housing affordability, and long-term prosperity? This hour pushes listeners to rethink energy, politics, and foreign strategy in ways few shows dare to explore.
Welcome to this week's Titan International market review for the week ending 7th December 2025. Global equity markets edged higher over the week as investors interpreted softer US inflation and weakening labour market data as strengthening the case for an imminent Federal Reserve rate cut. The Bureau of Economic Analysis released the long-delayed September personal consumption expenditures (PCE) inflation data on Friday after disruptions caused by the US government shutdown. Further evidence of labour market cooling emerged from the private sector. Across Europe, inflationary trends remained broadly contained. Asset markets responded in familiar fashion to the accumulating evidence of slower growth and softer price pressures. Bond markets, however, moved in the opposite direction. Elsewhere, OPEC and its allies signalled caution on the global growth outlook by committing to hold output steady through the first quarter of 2026. That's all for this week's Titan International Weekly Podcast. Thank you for listening and for further investment insights head over to titanwealthinternational.com.
The podcast discusses the recent decline in Middle East sour crude prices amid global oversupply and shifting trade flows. Argus crude experts explore the impact of OPEC+ production changes, alternative crude sources, and the effects of sanctions on market demand. Main topics: OPEC+ production increases and their effect on the Middle East sour crude oversupply Shifting demand patterns due to sanctions on Russian oil and increased competition from Brazil, Canada, and Guyana Pricing strategies and market share defense by Middle East producers in response to global competition
As we begin to wrap up the year, we return to the crude markets. What has been oil's journey in the latter half of 2025? What has all this meant for trader performances after a challenging first half? What is the outlook for 2026 in prices and volatility? Our guest is Homayoun Falakshahi. He leads crude analytics at Kpler, the data and analytics firm for the commodity markets.
Today we had the pleasure of hosting Dr. Kruti Lehenbauer, Founder of Analytics TX. Kruti is a longtime statistician and economic consultant who has held leadership roles across analytics, data, and research. She holds a Ph.D. in Public Policy and Political Economy and helps organizations audit business data, uncover hidden efficiencies, and navigate strategic planning, AI adoption, and more. She regularly shares thought-provoking insights and translates complex analysis into clear, actionable takeaways. We were delighted to hear her perspectives on interest rates, inflation, tariffs, and more ahead of next week's Fed meeting. In our conversation, we explore the “panic narrative” around the economy and why the past five years may feel worse than what the long-run trends suggest. We discuss the health of the U.S. economy, whether we're truly in a unique moment, how rapid interest rate hikes have worsened the debt picture, and why Kruti believes rates should already be moving back toward ~3%. She shares why the expectation that “everything must rise exponentially” is misguided, invoking Joan Robinson's reminder that “in the long run we are all dead, but not all at once.” We cover what data Kruti thinks the Fed should focus on (employment, GDP, true inflation) versus short-term headlines and political noise, the interplay between aggregate demand and aggregate supply, and why productivity and technology matter most for long-run growth. Kruti also explains how tariffs effectively raise real interest rates, how consumers adapt, and the flaws she sees in how we measure inflation today. We touch on why she believes fears of mass job loss from AI are overblown, the importance of adaptation, and her concerns about declining quality in higher education and its impact on high-skill labor and future productivity. We address fiscal versus monetary policy, why overreliance on the Fed is risky, and long-run structural issues including savings behavior, financial literacy, and long-dated household debt. We also discuss India's role as a rising economic partner and end with the “magic-wand” reforms Kruti would prioritize including leaner government, updated inflation metrics, and policies that expand the economy's productive frontier rather than over-managing it. It was a thought-provoking discussion. Mike Bradley kicked us off by noting that broader equity markets rallied on a rebound in Bitcoin, bond yields have been inching higher, crude oil remains under pressure, U.S. natural gas price continues to surge, and copper prices are hitting all-time highs. The 10-year bond yield inched higher this week to ~4.1%, after trading near 4% last week, on rumors that Kevin Hassett is the front-runner for Federal Reserve Chairman. Bond volatility will likely continue into the December 10th FOMC meeting. The DJIA and S&P 500 were both up on the day but remain flattish to slightly lower for the week, with Technology leading and Energy lagging. On the oil market front, WTI price continues to be under pressure (trading just under $59/bbl) due to continuing concern around an early 2026 global oil surplus (~2-4mmbpd). This bearish oil thesis/trade is very-very-very consensus. OPEC+ convened over the weekend and agreed, as expected, to pause oil output hikes through Q126 and to call for third-party verification of OPEC+ members Maximum Sustainable Capacity for 2027 production baselines. He closed by highlighting that cold weather has finally arrived, spiking prompt U.S. natural gas price to ~$5/MMBtu (while the 12-month strip holds steady at ~$4.15/MMBtu). He noted the remarkable surge in Lower-48 dry gas production, from 108-109bcfpd a month ago to a weekend peak of ~114bcfpd, now settling in at 112-113bcfpd. Jeff Tillery shared a few themes he's watching heading into the next few quarters. In traditional energy, oilfield services stocks are jumping even as oil prices fall, raising the question of whether the market is signali
This month, Senior Portfolio Manager Brian Kessens breaks down key energy sector themes:Market Moves: Energy and midstream outperform the S&P 500Natural Gas: Prices rise on colder weather expectations and controlled productionCrude Outlook: Brent as OPEC+ cuts kick inDOE & AI: AI project aims to fast-track energy innovationPermitting Shift: NE states greenlight long-stalled pipeline infrastructureDownload Transcript
Corporate bond spreads, extra compensation that corporate bonds pay out compared to government bonds, have been narrowing this year, which means investors aren't demanding much additional money to account for additional credit risk. That could indicate that investors think economic growth could pick up in the near term. Also on the program: a trade deal regarding U.K. pharmaceuticals and OPEC's plans to keep oil production flat to start the new year.
Corporate bond spreads, extra compensation that corporate bonds pay out compared to government bonds, have been narrowing this year, which means investors aren't demanding much additional money to account for additional credit risk. That could indicate that investors think economic growth could pick up in the near term. Also on the program: a trade deal regarding U.K. pharmaceuticals and OPEC's plans to keep oil production flat to start the new year.
VOV1 - Nhóm 8 nước OPEC+ (Tổ chức Các nước Xuất khẩu Dầu mỏ và các đối tác) tham gia các đợt cắt giảm tự nguyện từ năm 2023 đã thống nhất duy trì mức giảm sản lượng trong quý I/2026 và tiếp tục theo dõi sát diễn biến thị trường.Ảnh minh họa. Nguồn: Reuters
US and Ukraine negotiations on Sunday focused on where the de facto border with Russia would be drawn under a peace deal, while the five-hour meeting was said to be difficult and intense, but productive, according to two Ukrainian officials cited by Axios.European and US equity futures are broadly on the backfoot, following on from a cautious mood in APAC trade.DXY is pressured by the stronger JPY following jawboning from Japanese officials and after BoJ Governor Ueda hinted at a December rate hike.Bonds were initially pressured following on from JGB downside, and then took a leg lower alongside Gilt underperformance soon after the European cash open.Crude futures benefit after OPEC+ holds output steady through Q1'26 and in reaction to further Ukrainian strikes in Russian oil refineries; 3M LME Copper surges to fresh ATHs above USD 11.2k/t, but has since scaled back given the risk tone and downbeat Chinese PMI figures.Looking ahead, highlights include US Manufacturing PMI Final (Nov), US ISM Manufacturing PMI (Nov), Saudi-Russia Business Forum, EU Supply. Speak from Fed Chair Powell (Fed Blackout) and BoE's Dhingra.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
APAC stocks began the new month mixed, with participants cautious as they digested the weak Chinese PMI data.GBP/USD remained choppy ahead of UK PM Starmer's speech on Monday, where he will reportedly outline the growth mission and will defend the Budget after Chancellor Reeves was forced to deny lying to the public about UK finances.Crude futures were underpinned from the open following the OPEC+ decision to maintain output plans throughout Q1 2026.US and Ukraine negotiations on Sunday focused on where the de facto border with Russia would be drawn under a peace deal, while the five-hour meeting was said to be difficult and intense, but productive, according to two Ukrainian officials cited by Axios.European equity futures indicate a lower cash market open with Euro Stoxx 50 futures down 0.4% after the cash market closed with gains of 0.3% on Friday.Looking ahead, highlights include EZ/UK/US Manufacturing PMI Final (Nov), US ISM Manufacturing PMI (Nov), Saudi-Russia Business Forum, EU Supply.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Wall Street slipped overnight as rising bond yields and weakness in crypto-exposed stocks weighed on sentiment. US Treasuries also declined, with fresh corporate debt issuance adding pressure after Japan’s bond sell-off last week. Still, Black Friday and Cyber Monday sales helped lift major US retailers. Elsewhere, European markets kicked off December on the back foot, dragged lower by a slide in Airbus. In commodities, oil rose more than a dollar a barrel after OPEC’s latest move, while silver hit a record high as growing rate-cut expectations pressured the US dollar. Back home, Aussie shares are set to open higher, with Collins Foods earnings in focus. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
Wall St kicked off the festive season with a slide in the first trading session of December, as a broad Cryptocurrency sell off dented general investor sentiment. Flagship currency Bitcoin slumped over 6% to below US$86,000, adding to the over 30% drop in price experienced over the last 2 months from highs of $125,000 in October. The S&P 500 fell 0.4%, the Dow Jones lost 0.7%, and the Nasdaq shed 0.4%. It was a relatively stable day across the European markets, with the exception of Germany, where the DAX slid over 1% after monthly manufacturing data came in at a 9-month low, sparking a sell off. Asia saw a mixed day as the Chinese CSI and Hong Kong's Hang Seng added 1.1% and 0.7% respectively, while the Japanese Nikkei slid 1.9%. Locally yesterday, the ASX 200 retreated 0.6%, with 8 of the 11 key sectors posting losses. The biggest story on the day however was a technical outage which prevented the ASX from publishing market-sensitive announcements for over 3 hours, causing around 80 companies to be put into a trading halt. What to watch today:The SPI futures indicate that the ASX 200 will edge slightly up, with a 0.07% gain at the open of trade today. In commodities: Crude Oil prices are trading up another 1.5% at US$59.45, as Ukraine launched a fresh wave of Drone attacks on Russia denting the potential for peace talks, and OPEC announced its decision to leave output levels unchanged in Q1 2026.Onto precious metals, gold has continued its recent rally and is now trading at a 6-week high US$4,240 per ounce. Meanwhile, Silver is trading just under 3% higher at US$58 per ounce, setting a fresh all-time high in the process. Today's increase means that the silver price has now hit a 100% year-on-year rise, outpacing Gold. And finally Iron Ore prices have increased by 2% to just under US$107 per tonne, driven by Chinese demand and a weaker US dollar.Trading ideas:And now we'll end on some trading ideas for your consideration today. Bell Potter have maintained their Buy rating on healthcare equipment provider Paragon Care (ASX:PGC) with a target price of $0.49 per share, after the company announced the acquisition of Indonesian based provider Haju Medical – expanding their presence into overseas markets. And Trading Central have identified a bullish signal in South32 (ASX:S32), indicating that the price may rise from the close of $3.31 to the range of $3.95 to $4.05 over a period of 45 days, according to the standard principles of technical analysis.
Enerji Günlüğü Haber Bülteni:Türkiye'nin ve Dünyanın Enerji Gündemienerjigunlugu.net
Brandon is out again! Briefly cover the OPEC oil output decision and how the Ukraine war is still affecting prices. Also the monster that Eli Lilly is becoming and whether they are a buy or not.
Wall Street edged higher on Friday as a CME outage disrupted global trading for several hours. The S&P 500 notched its biggest weekly advance since May while the Nasdaq broke its seven-month winning streak in November. Meanwhile, US government bond yields also lifted on expectations of heavy corporate debt issuance. In commodities, OPEC stuck with plans to halt production increases in the March quarter of 2026, and gold surged more than 5% over the month. Back home, Australia is set for a steady start to trade after its worst November since 2014, while home prices hit fresh record highs. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
In deze nieuwe aflevering praten we over olie, en dus over OPEC+, die zondag weer bij elkaar komt. Hoe staat het met de sancties tegen Rosneft en Lukoil? Wat doet Orbán in Moskou, en – van een heel andere orde – wat is de ‘stuiver van Grinwis'? Canada gaf afgelopen week groen licht voor de aanleg van een nieuwe oliepijpleiding naar de westkust. Minder afhankelijk worden van de VS is het adagium voor de Canadezen. Groot-Brittannië daarentegen houdt de na de inval in Oekraïne ingevoerde windfall tax op olie- en gaswinsten zeker tot 2030 in stand, wat volgens de sector zal leiden tot kaalslag. Hoe staat het met de gasopslagen en wat is de relatie met de opvallend lage gasprijs? We bespreken de EU ETS 1-prijs en het uitstel van ETS 2. Gaat die er überhaupt nog wel komen? Tot slot beantwoordt Hans een vraag van een luisteraar over de onlangs ingevoerde dynamische kwartierprijzen. Dat en nog veel meer bespreek ik met Hans van Cleef, dé marktanalist van Nederland en hoofd energieonderzoek bij EqoLibrium.
Happy Thanksgiving, and we have a wild Energy News Beat Stand Up for You! We are focusing more on finance, deal reviews, and the economics of energy rollout in future articles. UK oil and gas companies exploring opportunities in the U.S. market: We discuss how large UK oil and gas companies like Harbor Energy are actively looking for merger and acquisition opportunities in the U.S. as they face challenges in the UK market due to Net Zero policies.Kind of like I have said, that oil saved the whales the first time, and President Trump's ending of offshore wind may save them the second time. The UK oil companies looking to move is a potential trend for all investors to take note of. Energy Policies have consequences, and the UK, EU, and even Canada are on a road to a fiscal catastrophe.We also cover the concerns about potential oil shortages: Comments from Russia's top OPEC negotiator, Alexander Novak, who warned about the risk of an imminent oil shortage due to chronic underinvestment in new oil production to replace declining fields.China's development of a new CO2 turbine technology: We discuss China's unveiling of a new supercritical carbon dioxide power generator technology, which could have significant applications in industries like cement and steel.Challenges and opportunities in the U.S. nuclear power sector: And Michael and I explore how the U.S. government is trying to support the development of larger nuclear reactors, including through low-cost government loans, in order to make nuclear power more profitable and attractive to investors00:18 Harbor Energy is scouting mergers and acquisitions in the US03:35 Russia points out oil needs investments07:05 China unveils new CO2 turbine that could upend power tech13:03 Sponsor and FinanceCheck Out Full Articles and Transcripts https://theenergynewsbeat.substack.com/and https://energynewsbeat.co/Stories Covered in this episode1.Large UK Oil and Gas Company Explores U.S. Deals – WSJ2.Russia Points Out the Lack of Investment in Oil is Poised to Cause an Oil Shortage3.China Unveils New CO2 Turbine That Could Upend Power Tech4.Can the U.S. Make Big Nuclear Reactors? How Can We Make Nuclear Profitable? How do Investors React?
The ASX200 closed essentially flat, down only three points, after a volatile November that saw the index fall about three percent for the month but climb 2.4 percent this week, snapping a four‑week losing streak. Rate‑cut hopes were dented by hotter‑than‑expected inflation, while sector performance was mixed. Tech, finance and property fell, but healthcare, consumer staples and WiseTech rose. Upcoming drivers include the OPEC+ meeting, Black Friday sales and Australian economic data on building approvals and September‑quarter growth. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
ASX200 was flat after a 0.4% rise early, keeping a 2.3% weekly gain and ending a four week losing streak. Tech stocks outperformed, up about 2%, while energy fell 1.3% on oil price drops ahead of the OPEC meeting. With US markets closed for Thanksgiving, focus shifts to European cues and the upcoming Black Friday Cyber Monday retail surge. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
On Friday, November 7, the Oxford Institute for Energy Studies (OIES) held its annual Oil Day, themed “Navigating Oil Narratives.” The event was organized around three main sessions: Oil demand prospects in the context of an uncertain macroeconomic and geopolitical environment Supply outlooks, covering U.S. shale, OPEC+, and non-OPEC+ producers outside the United States Inventory dynamics, including […] The post OIES Podcast – Navigating Oil Narratives appeared first on Oxford Institute for Energy Studies.
“Jobs, immigration, and trillion-dollar deals – real talk with Tara
“Trillions on the line: Trump, Saudi Arabia, and the global dollar
“Politics, economy, and power moves – real talk with Tara
From the Oval Office to your backyard—what they don't want you to know
Venezuela er konstant er i medierne i disse dage og uger. Landet er havnet i konflikt med USA, som beskylder præsident Nicolás Maduro for at stå i spidsen for en terrororganisation. På de indre linjer er Venezuela også i dyb økonomisk krise. Men hvordan er det endt så galt for den nation, der gav fødsel til Sydamerikas helt store frihedshelt og var en af grundlæggerne af de stenrige olieksporterende OPEC-lande? I dette afsnit af Kampen om Historien gennemgår Asser Amdisen og historiker og Venezuela-kender Per Nielsen Venezuelas brogede og fascinerende fortid. Redaktør: Thomas Vinther Larsen I redaktionen: Otto Christian Korse Lyddesign: Martha Winther
US equity futures point to a softer open. Asian markets traded broadly higher, while European equities traded mostly higher. The spending bill signed by President Trump ends the record 43-day government shutdown, though October CPI and payrolls are still unlikely to be released, prolonging uncertainty for Fed policy. While resumption of Fed easing has been a component of the bullish narrative, Fed policymakers still divided on policy path. Market pricing in 60% chance of Dec rate cut, down from 67% day before. Furthermore, OPEC's latest forecast for a more balanced oil market next year weighed on crude, extending a broader reset across commodities.Companies Mentioned: Sealed Air, Alibaba, Amazon, PDD Holdings, SHEIN
In this episode of Energy Newsbeat Daily Standup, Stu Turley and Michael Tanner break break down Gavin Newsom's COP30 grandstanding, Trump's coal revival predictions, and why China dominates clean-energy manufacturing while still running on coal and oil. They unpack billions pouring into U.S. nuclear projects—and why real returns are still a decade away—before diving into Chevron's first West Texas data-center power project and Liberty Energy's early lead in the space. The duo closes with the IEA's updated outlook showing oil and gas demand rising through 2050, shaky OPEC signals pushing prices down, and Baytex's surprising Eagle Ford exit. A fast, fiery roundup of energy reality, markets, and industry moves.Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn:https://www.linkedin.com/in/stuturley/ andTwitter: https://twitter.com/STUARTTURLEY16 Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... andTwitter: https://twitter.com/mtanner_1 Timestamps: 00:00 - Intro00:17 - COPs from the UN have failed and it is time for a real dose of climate realism – What will Gavin Newsom do now for a speech punch line?03:26 - Trump Predicted the return of Coal, but not to it's glory days in the U.S. – Doug Sheridan05:58 - Billions Are Flowing into the US Nuclear Sector, but How Long Until Returns Are Realized?07:54 - Chevron Rolls Into West Texas for First Data Center Power Project – Following Liberty Energy's Business Model10:36 - Oil and Gas Demand Could Grow Until 2050, Says the IEA – In the Words of Monty Python “Oil's not quite Dead Yet”15:02 - Markets Update16:39 - Baytex to Divest of U.S. Eagle Ford Assets to Advance Higher-Return Canadian Core Portfolio18:57 - Outro Links to articles discussed:COPs from the UN have failed and it is time for a real dose of climate realism – What will Gavin Newsom do now for a speech punch line?Trump Predicted the return of Coal, but not to it's glory days in the U.S. – Doug SheridanBillions Are Flowing into the US Nuclear Sector, but How Long Until Returns Are Realized?Chevron Rolls Into West Texas for First Data Center Power Project – Following Liberty Energy's Business ModelOil and Gas Demand Could Grow Until 2050, Says the IEA – In the Words of Monty Python “Oil's not quite Dead Yet”
Gas prices have fallen since Donald Trump took office, but experts are debating how much credit President Donald Trump deserves – or if voters are even noticing. POLITICO's James Bikales joins host Josh Siegel to explain how OPEC's production moves, record U.S. output and Trump's foreign policy choices have shaped the current energy landscape. They also discuss whether rising electricity costs, fueled by AI data centers, are becoming the new political flashpoint. Josh Siegel is an energy reporter for POLITICO and the host of POLITICO Energy. Nirmal Mulaikal is the co-host and producer of POLITICO Energy. Alex Keeney is a senior audio producer at POLITICO. Ben Lefebvre is the deputy energy editor at POLITICO. Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Our theme music is by Pran Bandi. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Western Canadian oil industry pumps more crude than most OPEC members but its production is located far from consuming markets and depends on a dizzying array of pipelines to connect that supply to end demand. At the same time, Canada's oil producers have had to navigate a quagmire of ever-shifting politics, policy, and regulations—especially concerning greenhouse gas emissions—that were widely seen to be restraining the sectors growth.To help me dig into the meat of this discussion, frame the current position of the massive oil sands industry today and where we're headed, as well as how to parse the ongoing negotiations between Canada's West and Ottawa, Rory is joined this week by Kevin Birn, Global Head, Center of Emissions Excellence and Chief Analyst, Canadian Oil Markets, at S&P Global.
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
In this episode, we discuss the latest developments in the mineral rights and energy world. From an interesting battle over royalties under the Midland, Texas airport, OPEC plans to potentially increase oil output despite demand forecasts weakening, and the latest developments in the Uinta Basin Railway project in Utah. As always, we wrap up with an analysis of the latest rig count numbers. Links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.
Strax före jul 1975 attackeras OPEC:s högkvarter av terrorister. Över 60 ministrar, delegater och tjänstemän tas som gisslan och tre personer dödas. Nya avsnitt från P3 Dokumentär hittar du först i Sveriges Radio Play. Inne på oljeorganisationen OPEC:s högkvarter i Wien pågår ett stort internationellt möte om världens oljepriser, när sex beväpnade terrorister tar sig in i byggnaden.Gisslandramat i Wien kommer att pågå i flera dagar och människor kommer att skjutas till döds inne i byggnaden.Terrordådet mot OPEC blir en världsnyhetTerroristerna kräver ett flygplan och fri lejd ut ur landet. De kräver också att en sju sidor lång kommuniké ska läsas upp i österrikisk radio, varannan timme. Ändå är det ingen som riktigt förstår vad terroristerna vill.Vem ligger egentligen bakom dådet?Efter gisslandramat går gruppens ledare, den välklädda och mytomspunna terroristen Ilich Ramírez Sánchez, mer känd som Carlos eller Schakalen, under jorden. Myten om honom växer, och får med åren enorma proportioner. Han påstås ha kvinnor över hela världen, beskrivs som en jetset-terrorist och som världens farligaste man. Men vem är han egentligen? Och varför lyckas ingen fånga honom?Medverkande:Sylvia Smetiprach, dåvarande sekreterare på OPEC.”Miguel”, Carlos studiekamrat och vän.Dan Hansén, docent vid Försvarshögskolan.Anton Gatnar, journalist i Wien.Susanna Ericson Wallstén, författare.Jan Mosander, dåvarande journalist på Expressen.Wolfgang Mayer König, förhandlare.Achmed Khammas, festdeltagare i Damaskus.Ilich Ramírez Sánchez eller Carlos, Schakalen, dömd terrorist. En dokumentär av: Eric Ericson och Susanna Ericson Wallstén.Producent: Rosa Fernández.Dokumentären producerades 2025.
Today we were delighted to welcome Dr. Anas Alhajji, Managing Partner of Energy Outlook Advisors and Author of the Energy Outlook Advisors Substack (linked here). Dr. Alhajji is a leading expert on global energy markets. He advises governments, companies, financial institutions, and investors on oil and gas outlooks, energy geopolitics, energy security, and the impact of disruptive technologies on supply and demand. Anas previously served as Chief Economist at NGP Energy Capital Management and taught economics at the University of Oklahoma, the Colorado School of Mines, and Ohio Northern University. He holds an M.A. and Ph.D. in Economics, with a specialization in energy economics and policy. We were thrilled to hear his insights on the oil markets and beyond. In our conversation, Anas explains why mainstream oil-market commentary often falls short, how OPEC's role is to match supply and demand, and shares on-the-ground sentiment from ADIPEC including a focus on AI and “energy addition, not transition,” with OPEC's outlook seeing demand rising toward ~123 mmb/d. We discuss structural demand drivers including urbanization, immigration, rising incomes, and AI/data centers plus autonomous vehicles and the equity valuation puzzle amid inventories and spare capacity. Anas details the “oil on the water” debate including why recent headline numbers were overstated and how different factors from Iranian tankers suddenly broadcasting their transponders, Saudi barrels routed to Egypt but for Saudi-owned storage, Brazilian cargoes diverted to China, slower ship speeds, and others all swell oil-at-sea without adding supply. We explore how Aramco and ADNOC are evolving into global energy companies, why Saudi is leaning on renewables and nuclear to free oil for export, what to make of Saudi rigs and capacity, and why demand analysis should prioritize growth rates over absolute levels given definitional differences and the IEA's repeated upward revisions. Anas argues the IEA has persistently underestimated demand (including major multi-year revisions), contrasts IEA growth figures with stronger observed U.S. demand, and notes record U.S. crude without shale growth. We also touch on SPR strategy, why Anas believes the large 2022 release worked, his critique of “circular information” among agencies, banks, and media plus conformity shaping bearish narratives, the limited efficacy of current sanctions regimes, and much more. It was a wide-ranging discussion and we're grateful to Anas for sharing his expertise with us. To start the show, Mike Bradley noted that the U.S. Government shutdown has reached Day 35, tying the previous record set during President Trump's first term. In oil markets, WTI continues to hover around $60/bbl and is still being impacted by 2026 global oil supply concerns. OPEC+ agreed to raise December oil production by 137kbpd (consensus) but will pause oil production increments in January, February, and March. On the broader equity market front, the S&P 500 is down ~1% this week and looks to be losing some trading momentum after a huge recent run. Many of the Big6 AI/Tech stocks reported Q3 results last week, which were generally solid with AI capex spending budgets heading higher as expected. Over the last week or so, these same AI/Tech stocks were down 3-5% (on average) due to both growing valuation concerns and sustainability of this AI rally. These Big Tech stocks make up >35% of the S&P 500 market-cap, and if they sneeze, markets could catch a cold. Aramco reported quarterly results this week and struck a pretty constructive tone with one of its key highlights this quarter being an increase in their natural gas production capacity growth target (by 2030) to 80% up from 60%. On the E&P equity front, gassy E&Ps have been pretty constructive but aren't leaning into gas growth just yet, while oily E&Ps are taking a more cau
The Trump administration has been court ordered to partially fund this month's SNAP benefits, after refusing to step in during the shutdown. Emergency USDA funds will cover about half of the $8 billion spent each month on the food assistance program. But it's unclear how long households could wait for the partial benefits to kick in. Also in this episode: The manufacturing sector appears to be “meh,” OPEC ups production despite global oil glut, and the U.S. races to catch up on rare earth elements.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
The Trump administration has been court ordered to partially fund this month's SNAP benefits, after refusing to step in during the shutdown. Emergency USDA funds will cover about half of the $8 billion spent each month on the food assistance program. But it's unclear how long households could wait for the partial benefits to kick in. Also in this episode: The manufacturing sector appears to be “meh,” OPEC ups production despite global oil glut, and the U.S. races to catch up on rare earth elements.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
Berkshire Hathaway reporting a sharp rebound in earnings in the third quarter, President Trump says Nvidia's most advanced semiconductor chips should be reserved for the U.S., Treasury Secretary Scott Bessent says SNAP food benefits could restart this week, OPEC+ has agreed to a small increase in monthly crude oil output, and Canadian Prime Minister Mark Carney is apologizing for the province of Ontario's political ad featuring footage of former President Ronald Reagan criticizing tariffs. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
US equity futures were higher Monday. Asian equities broadly firmed, led by a record-setting Kospi surge, while European markets opened stronger. Investor sentiment improved after the White House detailed the Trump-Xi trade truce. In addition, OPEC+ decided to pause output increases, lifting crude prices. Meanwhile, South Korea's export recovery accelerated in October, while Taiwan's PMI remained in contraction. On the policy front, multiple Fed officials delivered hawkish remarks, signaling caution on further rate cuts, though market reaction was muted.Companies mentioned: NVIDIA, Amazon, Westpac Banking
La priorità data al Pnrr ha rallentato l'attuazione dei fondi di coesione 2021-2027: al 31 agosto 2025 la spesa è ferma a 6 miliardi, pari all'8% dei 74,8 miliardi disponibili. Le risorse impegnate raggiungono il 27,1%. La Commissione ha autorizzato la riallocazione di una parte dei fondi verso nuove priorità come difesa, energia, alloggi e resilienza idrica, concedendo un prefinanziamento aggiuntivo e un anno di proroga per la spesa, fino al 2030. La cabina di regia guidata da Tommaso Foti ha esaminato rimodulazioni per 2,6 miliardi di quota Ue: 887 milioni agli alloggi, 729 milioni alle reti idriche, 278 milioni alla transizione energetica, 204 milioni alla piattaforma Step, 196 milioni a difesa e infrastrutture a duplice uso e 361 milioni alla formazione e occupazione. Sullo sfondo cresce la preoccupazione per un possibile accentramento della governance da parte della Commissione Ue: l'assessore lombardo Guido Guidesi avverte che la Lombardia rischierebbe di perdere 4,4 miliardi, penalizzando imprese, formazione e ricerca. La Regione ha partecipato a Bruxelles alla manifestazione della Cohesion Alliance contro la centralizzazione dei fondi. Le nuove regole Ue introducono la possibilità di finanziare progetti legati alla sicurezza e alla mobilità militare, ma l'adesione resta su base volontaria. Ne parliamo con Guido Guidesi, assessore allo Sviluppo economico di Regione Lombardia.Shutdown, Stati Uniti nel caos: sospensione di servizi sociali e aeroporti bloccatiNegli Stati Uniti lo shutdown prosegue da oltre un mese, paralizzando servizi pubblici e trasporti. La riunione d'urgenza convocata dal vicepresidente JD Vance non è bastata a rassicurare compagnie aeree e sindacati: oltre 800mila dipendenti federali sono senza stipendio da quattro settimane. I disagi toccano aeroporti, scuole, servizi per l'infanzia, tribunali e perfino i fondi alimentari per 42 milioni di americani. La crisi nasce dallo scontro politico tra Repubblicani e Democratici sul bilancio federale. Trump, in viaggio in Asia, ha lasciato Washington senza guida e attacca l'opposizione definendola responsabile del caos. I Repubblicani puntano a usare lo shutdown per ridurre la spesa sociale e tagliare personale pubblico, mentre i Democratici restano divisi. Nei trasporti la situazione è critica: 63mila controllori e addetti alla sicurezza lavorano senza paga, mentre cresce il timore di un collasso del sistema in vista del Ringraziamento. Andiamo dietro la notizia con Alessandro Plateroti, Direttore Newsmondo.itCome sta andando il mercato del Petrolio? Le sanzioni alla Russia influiranno sul prezzo?Opec+ ha deciso un nuovo aumento della produzione di 137mila barili al giorno dopo quelli di settembre e ottobre. L'incremento sarà sospeso da gennaio a marzo 2026 per motivi stagionali, ma resta l'obiettivo di 1,65 milioni di barili aggiuntivi giornalieri. I prezzi restano deboli: il Wti è a 60,98 dollari al barile e il Brent a 64,77 dollari. Il calo riflette l'incertezza sulla domanda cinese e l'impatto delle sanzioni Usa sul petrolio russo. Opec+ continua a monitorare il mercato con prudenza per evitare eccessi di offerta. La strategia di lungo periodo mira a riconquistare quote di mercato perse a favore degli Stati Uniti. Il 18 novembre è previsto un incontro tra Mohammed bin Salman e Donald Trump, che chiede un aumento della produzione per contenere i prezzi dei carburanti. Chevron prevede ulteriori ribassi nel 2026, mentre la prossima riunione Opec+ è fissata per il 30 novembre. Ne parliamo insieme a Sissi Bellomo, Il Sole 24 Ore.OpenAI sigla un accordo da 38 miliardi con Amazon per i servizi CloudOpenAI ha firmato un accordo settennale da 38 miliardi di dollari con Amazon Web Services per accedere a un'enorme capacità di calcolo basata su GPU Nvidia, necessaria per l'addestramento dei modelli di intelligenza artificiale. L'intesa arriva dopo quella con Microsoft e rafforza la posizione di OpenAI come attore chiave nel settore globale dell'AI. Amazon punta a consolidare il suo primato nel cloud in un momento di ristrutturazione interna e tagli di personale. Per OpenAI, ormai trasformata in una public benefit company, l'accordo segna il passaggio definitivo da laboratorio di ricerca a colosso industriale. Secondo stime interne, l'azienda prevede investimenti infrastrutturali fino a 1.400 miliardi di dollari. "L'infrastruttura di AWS sarà la spina dorsale delle ambizioni di OpenAI", ha dichiarato il CEO di AWS Matt Garman. Approfondiamo la questione con Biagio Simonetta, Il Sole 24 Ore.
China relaxes restrictions on rare earth exports and stops investigations into the chip sector following last week's trade agreement with the U.S. President Trump signals continued opposition to exports of Nvidia's most advanced chips. Crude extends gains following Opec+ nations' announcement that it would pause further output hikes going into the first quarter next year. In aviation news, Ryanair posts an H1 profit beat and predicts stronger footfall. CEO Michael O'Leary slams UK APD policy, telling CNBC UK Chancellor Rachel Reeves ‘hasn't a clue' about stimulating economic growth.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
APAC stocks traded mostly higher overnight. European equity futures indicate a mildly positive cash market open with Euro Stoxx 50 future up 0.2%.Chinese RatingDog Manufacturing PMI data disappointed amid a sharp decline in export orders.Fed's Waller said he still advocates for the Fed to cut rates in December and said data fog does not tell you to stop.Crude futures gained at the open as participants digested the latest OPEC+ decision to raise output again by a modest 137k bpd in December before pausing for Q1 2026.In FX, DXY is steady, USD/JPY sits above 154 with Japan away from market, EUR/USD remains on a 1.15 handle, AUD marginally outperforms ahead of RBA this week.Looking ahead, highlights include Swiss CPI, EZ, UK & US Final Manufacturing PMI, US ISM Manufacturing PMI, Speakers including Fed's Daly, ECB's Lane & BoC's Macklem, Supply from BoE Gilt Sale (long-term), US Financing Estimates.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
As we sidle up to the most challenging crossword of the week, aka Saturday, we expect the opening act -- Friday -- to help get us in the right frame of mind. Friday does not disappoint, as there were oodles of tricky (theme-free) clues to contend with. For instance, 34D, A smartphone has many of these, USES (ah, not APPS, got it!); 38D, The U.A.E. is in it, OPEC (rather than ASIA, fine); and the informative 37D, Island home of what may be the world's oldest living olive tree (2,000+ years), CRETE (now we know!)Show note imagery: The Olive tree of Vouves, which is too shy to tell anyone its age, but scientists believe it is somewhere between 2-4000 years old. Even more amazing, it's still producing olive oil!We love feedback! Send us a text...Contact Info:We love listener mail! Drop us a line, crosswordpodcast@icloud.com.Also, we're on FaceBook, so feel free to drop by there and strike up a conversation!
Oct 31, 2025 – Curious about the future of energy, small modular reactors, and the impact of AI on utilities? Energy expert Robert Rapier discusses the global shale revolution, OPEC's strategies, and why U.S. energy stocks are outperforming...
Editors Jimmy Lovaas and Owen Bonertz discuss the protests in Cameroon linked to the re-election of the world's oldest sitting president, plus more on food stamp benefits at risk in the US, an OPEC+ meeting, elections in the United States and the US Supreme Court hearing a case on tariffs.Subscribe to the show: Apple Podcasts, Spotify and many more. These stories and others are also available in our free weekly Forecast newsletter.This episode includes work from Factal editors Owen Bonertz, Theresa Seiger, James Morgan, David Wyllie and Alex Moore. Produced and edited by Jimmy Lovaas. Music courtesy of Andrew Gospe. Have feedback, suggestions or events we've missed? Drop us a note: hello@factal.comWhat's Factal? Created by the founders of Breaking News, Factal alerts companies to global incidents that pose an immediate risk to their people or business operations. We provide trusted verification, precise incident mapping and a collaboration platform for corporate security, travel safety and emergency management teams. If you're a company interested in a trial, please email sales@factal.com. To learn more, visit Factal.com, browse the Factal blog or email us at hello@factal.com.Read the full episode description and transcript on Factal's blog.Copyright © 2025 Factal. All rights reserved.
Today we had the pleasure of hosting Obinna Isiadinso, Global Sector Lead for Data Center Investments at the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets. Obinna leads investment teams on valuation and execution considerations, reviews private equity and credit transaction structures, and participates in transaction negotiations in the Data Center and Cloud sectors in emerging markets globally. He is also the author of the Global Data Center Hub on Substack (linked here). His career spans private equity, infrastructure, and real assets. We were thrilled to host Obinna and learn from him on one of today's most dynamic topics. In our discussion, Obinna outlines the IFC's role as the private financing arm of the World Bank, shares his background in private equity and digital infrastructure, and describes his current global portfolio focus. He explains the IFC's structure and mission to achieve commercial returns while ensuring developmental impact, its ~$100 billion balance sheet, and dual role as a lender and equity investor. We cover the IFC's role in digital infrastructure and data centers, why data centers matter for emerging market development, the IFC's investment approach and capital structure, and Obinna's Substack, which tracks and summarizes global data center activity. We discuss global market sizing (U.S. ~30 GW; Northern Virginia 3–4 GW; Europe FLAP-D ~1-1.5 GW each; South America ~1 GW; Africa ~500 MW, ~250 MW in South Africa; India ~1.2-1.3 GW; China ~3-4 GW; Malaysia ~250 MW with ~1 GW pipeline in 3-5 years), the growth outlook with hyperscalers planning to add 30-50 GW in 3-5 years and roughly ~$400 billion capex this year, cost benchmarks ($10-12 million/MW plus chips), build times, EBITDA economics, current valuation multiples, the evolving fuel mix, and the IFC's sustainability criteria. Obinna summarizes the IFC's market-by-market approach to energy sourcing, rising power demand in emerging markets (and potential competition for scarce power), the IFC's initiatives to expand generation and grid capacity in Africa, and the Middle East's bid to be a ‘Switzerland of AI Infrastructure.' We ended by asking Obinna for key trends he's watching including diversification of AI models, continuous training workloads, and growing private credit participation. It was a fascinating conversation and we can't thank Obinna enough for joining and sharing his insights. We look forward to staying in touch. Mike Bradley noted that this will be a pivotal week for markets, with the FOMC rate decision on Wednesday, a slew of Q3 reports from Big AI/Tech and Energy/Electricity companies throughout this week, and an OPEC+ meeting being held over the weekend. In the bond market, the 10-year bond yield continues to be stuck in the 4% range. The Fed is expected to cut interest rates by 25bps both this week and again in December. On the oil market front, WTI price has slipped back to ~$60/bbl as oil traders seem fixated again on the 2026 oil supply surplus rather than Russian oil sanctions. OPEC+ is expected to raise November oil production by another 137kbpd (similar to October) at this weekend's OPEC+ meeting. At Veriten, we still envision oil markets in 2026 being a “tale of two markets” with 1H26 being challenged and 2H26 being pretty constructive. In global market news, President Javier Milei's party scored a major win in Argentina's legislative elections, sending bond yields lower, the peso modestly higher, and a 20%+ surge in the Argentina stock market. On the broader equity market front, the S&P 500 continues to reach new highs with this week's move mostly due to optimism of a China-U.S. trade deal. A handful of Big AI/Tech names will be reporting this week (AAPL, AMZN, GOOG, META & MSFT) which could increase broader marke
It's Tuesday, October 28th, A.D. 2025. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson South African government regulating churches Earlier this month, the South African government agency, known as the Cultural, Religious and Linguistic Rights Commission, launched a committee to regulate churches in the country. The new committee will most likely make determinations as to “what qualifies as a religion,” who may be recognized as a religious leader, and where churches may worship. The concern is also that this governmental power would force churches to come under State-approved umbrella bodies. The nation's churches have scheduled a march to the Parliament building in Cape Town, the capital of South Africa, on November 13th. South Africa rejects self-defense as reason to own a gun The South African Parliament is also considering additional restrictions on firearms to remove “self-defense” as a valid reason to own a gun. This would remove meaningful protection for families, farms, and churches from violent criminals, in one of the most violent nations on Earth. The Communists and the left-leaning African National Congress have 51% control of the South African parliament. Turmoil in Chinese Communist Party The Chinese Communist government is still in turmoil. At this moment, 38 of the 205 members of the central committee failed to appear for the big Plenum session last week. Of the 33 generals on the Committee, 22 were missing. Trump to meet with Chinese president Xi Jinping on Asian tour President Donald Trump met with Japan's newly elected Prime Minister Sanae Takaichi yesterday. This week, he will move on to high level meetings in South Korea and China, with Chinese President Xi Jinping on Thursday. The White House announced that President Trump has signed historic peace deals with Cambodia and Thailand, trade deals with Malaysia, Cambodia, Thailand and Vietnam, and minerals deals with Malaysia and Thailand. Javier Milei's mid-term election triumph in Argentina The results for Argentina's mid-term elections are in. And Javier Milei's Libertarian Party crushed it, reports Reuters. Now, Milei's party has 41% control of the legislature which is up from 26% in 2023. The left wing party dropped off from 44% to 32% which is an 11% decline. Milei's agenda will have stronger legislative backing for more reforms in tax reduction and deregulation of business for the country. Bolivia rejects socialism And, by God's sovereign order of things, Bolivia has a new president as of last week, reports CBS News. Rodrigo Paz is more centrist — a change after 20 years of socialism in this mountainous country of South America. Not surprisingly, socialist countries like Venezuela and Bolivia are the poorest countries in all of South America. King Charles III glorified sodomy King Charles III of England glorified homosexuality yesterday by placing flowers at a newly constructed memorial to homosexuals serving in the nation's military, reports The Times. Prince Charles's mentor and uncle, Lord Louis Mountbatten, served as Britain's Chief of Defense in the 1960s, and was reported in 2019 as “a homosexual with a perversion for young boys.” King Charles III joined Pope Leo XIV for worship King Charles III made other news headlines last week, when he participated in a public worship service with the Roman Catholic Pope Leo XIV. This was the first time a reigning British monarch joined the Pope for such events since the Reformation. King Charles and his wife, Camilla, sat on golden thrones under Michelangelo's "Last Judgment" fresco in the Sistine Chapel for the ecumenical service. Joel 3 reminds us of God's judgement. “Let the nations be wakened, and come up to the Valley of Jehoshaphat; For there I will sit to judge all the surrounding nations. Put in the sickle, for the harvest is ripe. Come, go down; for the winepress is full, the vats overflow — for their wickedness is great.” Putin celebrates successful test of missile Russian President Vladimir Putin celebrated a successful test for the Burevestnik missile over the weekend, reports CBS News. Putin announced that the armament was ready for deployment, after it completed a 10,000-mile flight. Plus, according to the Russian military, the missile “successfully performed all designated vertical and horizontal maneuvers, demonstrating its strong ability to evade anti-missile and air defense systems.” Hurricane Melissa: Biggest one to hit Caribbean Category 5 Hurricane Melissa is barreling down on Jamaica. It's the strongest hurricane to hit the Caribbean nation in recorded history. America's most lethal aircraft carrier off Venezuelan coast Meanwhile, the U.S. Military is sending its most lethal aircraft carrier from European waters into the Caribbean for the ongoing drug war, now heating up somewhere off the shores of Venezuela, reports TheHill.com. The main target for the flurry of activity appears to be Venezuelan President Nicolás Maduro, whom the Trump administration has called an “illegitimate leader.” Appearing on CBS's Face the Nation with Margaret Brennan, Republican Senator Lindsey Graham of South Carolina was asked about possible land strikes in Venezuela. BRENNAN: “Are land strikes planned?” GRAHAM: “Yeah, I think that's a real possibility. I think President Trump's made a decision that [Venezuelan President Nicolás] Maduro, the leader of Venezuela, is an indicted drug trafficker, that it's time for him to go. Venezuela and Colombia have been safe havens for ‘narco terrorists' for too long.” Oil likely will cost less in 2026 America's oil wells are pumping it out. Chevron CEO Mike Wirth told Fox Business host Maria Bartiroma, that gas prices in 2026 may very well be lower than they were this year. BARTIROMA: “Can you give us a sense of what you would expect for 2026?” WIRTH: “Yeah, I think we see supply growing, particularly from the OPEC-supplying countries, and demand growing steadily. But as this supply comes back, it's weighing on commodity markets. So, we're prepared for prices in ‘26 to be lower than they were in ‘25.” Christian pastors arrested for child p*rn And finally, assorted national news stories report that Christian pastors and leaders have been recently arrested for possession of extreme evil forms of pornography involving children. Singer and worship leader Jon Paul Sheptock, of First Montgomery Baptist Church, is under arrest, reports the Baptist Press. The Idaho Statesman reports that the senior pastor at Sovereign Grace Fellowship in Nampa, Idaho was arrested for handling images of a “horrific” nature. Another Baptist youth pastor from Greenville, South Carolina was just sentenced to twenty years for a similar offense. A pastor of the House of Prayer Christian Church in Georgia has been indicted by a federal court for similar offenses. And another former youth pastor at the Southcoast church in Goleta, California has been arrested on related charges. Jeremiah speaks of religious scandals in the churches. The prophet wrote, “My heart within me is broken because of the prophets. . . For the land is full of adulterers; For because of a curse the land mourns. The pleasant places of the wilderness are dried up. Their course of life is evil, and their might is not right. “For both prophet and priest are profane; Yes, in My house I have found their wickedness,” says the Lord. I will bring disaster on them, the year of their punishment.” (Jeremiah 23:9-12) Close And that's The Worldview on this Tuesday, October 28th, in the year of our Lord 2025. Follow us on X or subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.