fibre
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IRS net migration data is out of 2023: 🔴 Red states gained $37.2 billion in income and 492k filers. 🔵 Blue states lost ~$40.8B and 520k filers. CA −$11.9B, NY −$9.9B, IL −$6.0B, MA −$4.2B, NJ −$2.8B.
BREAKING: The IMO’s governing council declares that Iran must stop or it must be stopped. The International Maritime Council, which governs global maritime trade, just held a rare emergency meeting and strongly condemned Iran’s attacks on ships and its attempts to block the Strait of Hormuz, demanding that Iran stop immediately to keep this key oil route safe for sailors and global trade. The organization, which represents almost every country on the planet with maritime trade and arguably has more power than the United Natons, adopted a strong declaration against Iran’s actions in the Strait of Hormuz. The declaration, put forward by the UAE and backed by more than 115 member states—the highest number of co-sponsors ever for an IMO document—strongly condemns Iran’s threats and attacks on vessels, along with its attempts to close or obstruct the Strait of Hormuz. These actions put seafarers’ lives and safety at serious risk, go against what the IMO stands for, and threaten navigation safety and the marine environment. The Council made it clear: Iran must immediately stop any actions or threats that aim to close, block, or interfere with international navigation through the Strait, or target merchant and commercial ships in the area. This sends a unified message from the international community about keeping this key waterway open and safe for global trade. Bottom line: Iran must stop or it must be stopped.
Exclusive from @oliver_wright Ministers are examining plans to ration petrol and diesel supplies at the pump if the conflict in the Middle East continues to restrict the supply of oil to the UK. Government figures show that the country has less than 900,000 tonnes of petrol in storage - 10 per cent less than a year ago and about 26 days’ supply at normal demand levels Although ministers insist in private that the country currently has adequate reserves to avoid rationing, senior government sources admit that “demand constraint measures” could become necessary if significant disruption to oil supply continues Ministers already have emergency powers under the Energy Act which they can use to control supply and demand of petrol products during severe disruptions. These were last used in 2000 when hauliers blockaded fuel depots to protest at rising prices, leading to nationwide petrol shortages. The plans would allow the government to cap the amount of fuel motorists can buy at any one time and designate certain petrol stations as hubs that would only serve emergency and critical service vehicles. Diesel sales could be restricted to commercial vehicles involved in the delivery of key supply chains, such as food and health One source said that although the need to implement the plans were “some way off” there was growing concern that disruption to supplies could last longer than had previously been expected. Industry experts believe that even if the Strait of Hormuz were to reopen tomorrow it could take up to six months for normal supplies to resume. thetimes.com/article/832f7c…
