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USDCAD Plunged on Strong Canadian GDP Growth. US Payrolls Awaited

Both the FX and oil markets experienced large volatility. For the former, euro reversed early losses against US dollar, after subdued US inflation and Treasury Secretary Steven Mnuchin’s comments on weak currency. As Mnuchin suggested, “the short-term …

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Professor Explains Why We Can’t Pre-emptively Strike North Korea: “North Would Turn South Into A Desert”

Authored by Mac Slavo via SHTFplan.com,
Following North Korea’s recent missile test, which ominously flew over Japan, the specter of war with the hotheaded nation was raised once again.

As time goes on, it seems less and less likely that the Kim…

The post Professor Explains Why We Can’t Pre-emptively Strike North Korea: “North Would Turn South Into A Desert” appeared first on crude-oil.news.

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Scientist Confirms: Harvey Caused A “1-In-1,000-Year Flood”

Scientists have confirmed what one renowned weather forecaster has suspected for days: Hurricane Harvey was a “1-in-1,000-year flood.”

That’s according to researchers at the University of Wisconsin’s Space Science and Engineering Center, who claim there is nothing in the historical record that rivals the devastation resulting from the flooding in southwest Texas, which has forced more than 30,000 Texans into temporary shelters.

“There is nothing in the historical record that rivals this, according to Shane Hubbard, the Wisconsin researcher who made and mapped this calculation. “In looking at many of these events [in the United States], I’ve never seen anything of this magnitude or size,” he said. “This is something that hasn’t happened in our modern era of observations.”

Of course, one reason for this might be that the modern urban environment is covered in concrete and asphalt, which makes it impossible for floodwater to absorb into the ground, exacerbating the disaster.

Hubbard’s calculations, which he shared with the Washington Post, only accentuate the massive scale of the flooding.

  • At least 20 inches of rain fell over an area (nearly 29,000 square miles) larger than 10 states, including West Virginia and Maryland (by a factor of more than two).
  • At least 30 inches of rain fell over an area (more than 11,000 square miles) equivalent to Maryland’s size.

To that, we’d like to add the nearly 52 inches of rain recorded by the National Weather Service in Cedar Bayou, Texas, which broke the continental U.S. record.

Making matters worse, the National Hurricane Center (NHC) has just updated its forecast for what it is now referring to as a “rapidly intensifying” Category 2 hurricane in the Eastern Atlantic Ocean. Some models see the storm making landfall in Florida, while others see it landing somewhere in the Gulf of Mexico, meaning that another powerful storm could ravage Texas just two weeks after Hurricane Harvey, leaving locals little time to recover.
 

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<b>Crude oil</b> drops in Asia despite upbeat China manufacturing PMIs

Investing.com – Crude oil prices fell in Asia on Friday, shrugging off mostly solid manufacturing PMI figures with the market still assessing when U.S. …The post <b>Crude oil</b> drops in Asia despite upbeat China manufacturing PMIs …

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UN: Watery diarrhoea has killed 657 in Sudan

Since August 2016, 657 were killed due to watery diarrhoea, while over 30,500 have been infected by the disease, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has announced in a report. OCHA’s report quoted statistics released by the Sudanese Ministry of Health and the World Health Organization (WHO). The UN organisation pointed out that the females amounted to 54 per cent of the number of infected people, while children under the age of five amounted to 8.1 per cent of the total number of infected people. The United Nations Children’s Fund (UNICEF) continues to work with the Sudanese health ministry to support the health centres through delivering the needed medical supplies, healthcare vocational training, as well as treating water […]

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<b>Crude Oil</b> Falls As Flooding From Harvey Roils US Oil Industry

Tokyo: U.S. crude futures fell in early Asian trading on Friday, partly reversing sharp gains from the previous session, amid ongoing turmoil in the oil …The post <b>Crude Oil</b> Falls As Flooding From Harvey Roils US Oil Industry a…

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Two Hamas leaders released by Israeli occupation forces

On Thursday evening, Israeli occupation forces released two Hamas leaders in the city of Ramallah. These were Hassan Youssef, a member of the Palestinian Legislative Council, and Bajas Nakhla. Youssef’s son told the SAFA news agency that the occupation forces released his father from the Ofer prison near Ramallah after he had spent 22 months in detention. The occupation forces had arrested Youssef in November 2015 after storming his house in the town of Bitunya. Read More: Israel to pressure Hamas to accept its terms on prisoner swap Hasan Youssef, 63, is considered to be the most prominent Hamas leader in the occupied West Bank and he has been detained for more than 15 times. The occupation forces also released Hamas […]

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Iraqi prime minister declares victory over Daesh in Tal Afar

Iraqi Prime Minister Hayder al-Abadi declared victory over Daesh militants in Tal Afar and the entire province of Nineveh on Thursday, despite continued fighting in the small town of al-‘Ayadiya. Tal Afar had become the next target of the US-backed war on the militant group following the capture of Mosul, where it had declared its “caliphate” over parts of Iraq and Syria in 2014. “Tal Afar has been liberated,” Abadi said in a statement. “We say to the Daesh fighters: wherever you are, we are coming for you, and you have no choice but to surrender or die.” The defeat in Mosul, Nineveh’s provincial capital, marked the latest in a string of territorial losses for the group. However, the militants […]

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Al Jazeera prevented from covering Hajj

Saudi authorities have banned journalists from Al Jazeera News network from covering and airing the Hajj rituals, according to the director-general of the channel, Yasser Abu Hilalah. Abu Hilalah denounced the Saudi authorities’ politicization of Hajj by preventing Al Jazeera journalists from performing the ritual, and preventing the coverage of the event, which is being broadcasted by all the media in the world. “Because of the politicization of Hajj, the journalists of Al Jazeera were prevented from covering an event that concerns the whole world, just as they were denied to practice one of the Islamic pillars that is imposed by Allah on them, and to God we complain!” Abu Hilalah tweeted via his official Twitter account. The headquarters of […]

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Paul Ryan Draws Strength From Pelosi, Finally Condemns Antifa As “Left-Wing Thugs”

In the days since Trump’s controversial press conference on the Charlottesville tragedy in which he said there was “blame on both sides,” Republicans have been tripping over one another to distance themselves from the White House.  Apparently the …

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