Deepak Yadav
519 posts

Deepak Yadav
@deepswrld
Physics | Markets | Geopolitics Decoding chaos, building clarity 🌍








The US economy is going through a hiring recession: The number of hires as a % of total employment fell -0.3 percentage points in February, to 3.1%, in-line with the 2020 pandemic low. This is also the lowest level since January 2011, and just 0.3 percentage points above the 2008 Financial Crisis low of 2.8%. At the same time, the private hiring rate declined -0.4 percentage points to 3.3%, the lowest since February 2010. Back then, the US unemployment rate stood at 9.7%, more than double the current 4.4%. Furthermore, the quits rate decreased -0.1 percentage point in February, to 1.9%, the lowest since the 2020 pandemic. The US job market is in bad shape.

The news reports and social media posts of an Iranian crude cargo being diverted from Vadinar, India to China due to “payment issues” are factually incorrect. 🇮🇳India imports crude oil from 40+ countries, with companies having full flexibility to source oil from different sources & geographies based on commercial considerations. Amid Middle East supply disruptions, Indian refiners have secured their crude oil requirements, including from Iran; and there is no payment hurdle for Iranian crude imports, contrary to the rumours being circulated. Claims on vessel diversion ignore how oil trade works. Bills of Lading often carry indicative discharge ports destinations and on-sea cargoes can change destinations mid-voyage based on trade optimisation and operational flexibility. It is reiterated that 🇮🇳India’s crude oil requirements remain fully secured for the coming months. On LPG too, some claims being made are incorrect as LPG vessel Sea Bird carrying around 44 TMT Iranian LPG berthed at Mangalore, India on April 2 and is currently discharging. #EnergySecurity #OilMarkets #FactCheck @HardeepSPuri @neerajmittalias @HPCL @IndianOilcl @BPCLimited @PIB_India

🚨🇺🇸🇮🇷 The Iranian strike on the U.S. Embassy in Riyadh was far worse than anyone admitted... The WSJ reports two drones hit the compound on March 3rd. The second flew through the hole created by the first. The fire burned for half a day, not minutes. Three floors were heavily damaged, including the CIA station. Parts of the embassy were "not recoverable." It struck at 1:30am. During working hours, several hundred people would have been inside. Officials called it a potential mass casualty event. A former CIA counterterrorism chief put it bluntly: Iran built an indigenous weapon, fired it hundreds of miles, and put it directly into the U.S. Embassy. "They could have hit anything they wanted in the city." Five U.S. embassies and consulates across the region have now been struck or targeted. Riyadh, Baghdad, Dubai, Kuwait City, and Erbil. Source: WSJ














