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Showing posts from November 12, 2015

OIL GLUT : Something Very Strange is Taking Place Off the Coast of Galveston, TX

(by Tyler Durdan, ZERO HEDGE) --

Having exposed the world yesterday to the 2-mile long line of tankers-full'o'crude heading from Iraq to the US, several weeks after reporting that China has run out of oil storage space we can now confirm that the global crude "in transit" glut is becoming gargantuan and is starting to have adverse consequences on the price of oil.

While the crude oil tanker backlog in Houston reaches an almost unprecedented 39 (with combined capacity of 28.4 million barrels), as The FT reports that from China to the Gulf of Mexico, the growing flotilla of stationary supertankers is evidence that the oil price crash may still have further to run, as more than 100m barrels of crude oil and heavy fuels are being held on ships at sea (as the year-long supply glut fills up available storage on land).

 The storage problems are so severe in fact, that…

Agricultor colombiano encontró botín de 600 millones de dólares

on noviembre 12, 2015 7:04 pm .

Publicado en: Curiosidades, Titulares

José Mariena Cartolos, un agruicultor colombiano de 65 años de edad, ha ganado en un día más dinero que si le hubiese tocado el mayor bote de la historia del Euromillones.

 Y es que cavando una zanja en una plantación de palma se topó con varios contenedores de plástico azul. 

Al sacarlos se dio cuenta de que estaban llenos de billetes en efectivo. En concreto, seiscientos millones de dólares en efectivo, según informan medios locales.

Al parecer, el dinero podría haber pertenecido al narcotraficante Pablo Escobar, quien en los 80 utilizaba dicho sistema para esconder su fortuna.

Sin embargo, Mariena no podrá quedarse con el dinero, que irá a parar al Gobierno colombiano.


CONSUMER SEEKS FLAVOR : USA demand strong for specialty mangoes

Increased demand for hard-to-find varieties and the upcoming end to the Brazilian growing season have given specialty mango importers an edge on the American market this season.

Vanna Om Strinko of Vanna’s Tropical Fruits & Vegetables, Inc., reports that Ecuadorian imports are performing exceptionally well for her company this season. 

Strinko says that current market conditions are “very demanding,” noting that her company has been unable to meet demand on some products.

Strinko explains that rising demand for rare mango varieties and the end of the Brazilian growing season have given her company the edge against the competition.

Strinko says that her company imports primarily from Ecuador and Peru at this time of year. 

The supply vacuum has meant that wholesalers and retailers are willing to pay higher prices for Strinko’s mangoes, which typically bear high shipping costs due to air freight. 

Strinko expects this will continue until March, when the Mexico harvest begins and American …

How Riverside County became America's drug pipeline


Brett Kelman, The Desert Sun, and Brad Heath, USA TODAY

INDIO, Calif. – The black plastic pipe lay under the overpass, resting against the center median of Interstate 10, one of the nation’s busiest highways. It was the quintessential pipe bomb, about a foot long and an inch-and-a-half wide, with caps on both ends. No one knew where it had come from.

Alarmed, a construction worker called the cops, who sent a bomb squad. They wheeled a bomb-disposal robot toward the pipe, pointing a shotgun-like weapon designed to destroy any explosives inside.

The robot fired, and tin and copper flak perforated the pipe like buckshot. Fine white powder sprinkled out of the tiny holes. The robot eased closer, eyeing the powder with a camera.

An example of powdered methamphetamine, much like was found in the black pipe on Interstate 10.
(Photo: Photo provided by  the Drug Enforcement Administration)