transportation
Where there's public transportation, there's problems, policy and bureaucratic politics; mitigate road rage and commiserate with your fellow travelers.
Oil price jumps after US strikes Iran
"A Deep Dive into Global Energy Markets": "Oil Price Jumps After US Strikes Iran" In a move that has sent shockwaves through global markets, the price of crude oil spiked following a series of military strikes carried out by the United States against Iranian targets. The escalation of tensions between two of the world's most influential oil-producing nations has led to uncertainty in the energy sector, with far-reaching implications for both oil prices and the broader geopolitical landscape.
By GLOBAL NEWS7 months ago in The Swamp
Bitcoin vs Open Interest Should traders be worried by THIS divergence
The price action of Bitcoin has recently been scrutinized, but savvy traders are also paying attention to something even more telling: a significant divergence between open interest in Bitcoin and its price. The derivatives market may be sending a cautious signal while the spot market maintains its optimism. Analysts are concerned about this divergence, which raises the question of whether traders should be concerned. Understanding what open interest actually entails is essential before delving into its ramifications. The total number of unresolved derivative contracts in the futures and options markets is referred to as open interest. It shows how much activity and participation there is in the market. An increase in open interest typically suggests that new money is flowing into the market, which can reinforce a trend. A decline could indicate that traders are closing positions, which could indicate indecisiveness or exhaustion of the trend. The price of Bitcoin has been either steady or showing signs of rising, hovering in bullish territory above key support levels in recent weeks. However, open interest in Bitcoin futures has not followed suit. In fact, in several instances, open interest has dropped or stagnated while prices climbed—a classic divergence.
By GLOBAL NEWS7 months ago in The Swamp
Altcoin season could be near: Why June can see a 2021-style rally
**Altcoin Season Could Be Near: Why June Can See a 2021-Style Rally** Numerous analysts and investors are beginning to speculate that an altcoin season may be just around the corner as the cryptocurrency market continues to show signs of recovery. The month of June, historically a favorable period for crypto rallies, is shaping up to potentially mirror the explosive growth seen in 2021. The stage may be set for altcoins to take the lead as Bitcoin's strength and dominance plateau. ### What Is the Season for Altcoins? Altcoin season, or "alt season," refers to a period when alternative cryptocurrencies—those other than Bitcoin—outperform the leading digital asset. During this phase, investors rotate capital from Bitcoin into smaller market cap assets in pursuit of higher gains. This is a time when tokens like Ethereum, Solana, Cardano, and a number of smaller-cap projects saw huge returns in a short amount of time. Typically, altcoin seasons follow a strong Bitcoin rally as market participants look for the “next big thing.”
By GLOBAL NEWS7 months ago in The Swamp
Norway Cargo Ship Crash 2025: Human Error Shocking Impact & What It Means for Maritime Safety
Norway Cargo Ship Crash 2025: Human Error Shocking Impact & What It Means for Maritime Safety On the quiet morning of May 22/2025 the peaceful coastal village of Byneset near Trondheim Norway woke up to an unimaginable sight a 443-foot cargo ship lodged in someone’s backyard. For locals used to misty fjords chirping seabirds and the calm rhythm of Norwegian village life the sudden arrival of a steel giant was nothing short of surreal. But beyond the headlines and aerial footage that quickly circled the globe this incident is about much more than a ship crash. It’s about people responsibility trust and the thin line between routine and disaster. Johan Helberg a retired fisherman who’s lived his entire life in Byneset was asleep in his home just meters from the coastline. He awoke not to the thunder of crashing metal or a blaring alarm but to the doorbell. It was my neighbor Johan later recounted to a local news station. He said You have a ship in your garden.’ I thought he was joking. Stepping out into the cold morning air, Johan was greeted by the imposing steel bow of a massive container vessel the NCL Salten wedged just five meters from his front door. The ship had plowed through the shallow shore, breaking through the silence like a colossal mechanical beast.
By Adnan Rasheed8 months ago in The Swamp
North Korea Frigate Launch Ends in Disaster: Satellite Images Reveal Shocking Aftermath
North Korea Frigate Launch Ends in Disaster: Satellite Images Reveal Shocking Aftermath A chilling satellite image recently captured over the Sea of Japan has brought into sharp focus the human and geopolitical consequences of a disastrous North Korean frigate launch attempt. What was initially hailed by Pyongyang as a bold step toward bolstering its maritime military capabilities has now become a haunting scene etched in grayscale smoke rising from a shattered vessel wreckage drifting in the waves and a stark reminder of the cost of unchecked ambition. While the North Korean state media remains silent unwilling to acknowledge the scale of the failure sources familiar with the incident suggest that the vessel a newly developed frigate rumored to be equipped with anti ship and surface to air missiles suffered a catastrophic failure during or shortly after launch. The satellite image, shared by commercial analysts and reviewed by international security experts shows extensive debris in the water and nearby shore facilities appearing scorched. But beyond the headlines and military analyses lies the untold human story one of ordinary sailors engineers and their families who were swept into this tragedy often against their will.
By Adnan Rasheed8 months ago in The Swamp
Pakistan Claims Chinese-Made J-10C Fighter Jets Used Against India’s Air Force. AI-Generated.
Pakistan Claims Chinese-Made J-10C Fighter Jets Used Against India’s Air Force In a significant escalation between two nuclear-armed rivals, Pakistan has claimed that its air force used Chinese-made J-10C fighter jets to shoot down five Indian aircraft during a recent military confrontation. The assertion comes amid rising tensions between India and Pakistan over the disputed Kashmir region, with both nations exchanging accusations and conducting air strikes.
By Adnan Rasheed8 months ago in The Swamp
A Timeline of Tensions Between India and Pakistan Over Kashmir
A Timeline of Tensions Between India and Pakistan Over Kashmir The Kashmir conflict is one of the most protracted and volatile territorial disputes in the world rooted in the partition of British India in 1947. India and Pakistan both nuclear armed neighbors have fought multiple wars and engaged in recurring skirmishes over this contested region. This article outlines a detailed timeline of the tensions between the two nations over Kashmir.
By Adnan Rasheed8 months ago in The Swamp
Jeff Bezos Plans to Sell \$5 Billion Worth of Amazon Stock: What It Means for Investors and the Future of Amazon
Jeff Bezos, the founder and executive chairman of Amazon, has once again made headlines—this time not for a rocket launch or a major acquisition, but for a massive stock sale plan. In a new filing disclosed with the U.S. Securities and Exchange Commission, Bezos revealed his intention to sell up to 25 million shares of Amazon stock, estimated to be worth around \$4.75 billion. This stock divestment is scheduled to take place over the course of the next year as part of a pre-arranged trading plan.
By Tech Horizons9 months ago in The Swamp
