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Sources say that loading operations at the Caspian Pipeline Alliance (CPC) have been suspended again after a brief resumption due to security concerns and a shortage of tankers following drone attacks.

2026-08-05

Sources say that loading operations at the Caspian Pipeline Alliance (CPC) have been suspended again after a brief resumption due to security concerns and a shortage of tankers following drone attacks.

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2026-08-05

TIMIRAOS reports US Treasury Secretary BESSENT’s policy reaction function has moved away from being plainly dovish. His comments this year imply the Fed should keep rates unchanged; earlier he cited models suggesting the policy rate could be about 25

TIMIRAOS reports US Treasury Secretary BESSENT’s policy reaction function has moved away from being plainly dovish. His comments this year imply the Fed should keep rates unchanged; earlier he cited models suggesting the policy rate could be about 25–100bps above neutral. On Aug. 4 BESSENT made two points: he Fed chair Walsh’s decision last week not to specify a policy reaction function to preserve optionality, and he also outlined a more dovish reaction function that urges ignoring recent shocks—asking what higher short-term rates will achieve and noting underlying inflation (core ex-energy) is very muted and stable, a pattern he expects to persist.
2026-08-05

Business Insider reports AI startup Anthropic has confirmed it is assembling an internal chip team to design custom accelerators for its Claude model. A job posting and company statement show Anthropic is hiring engineers to design bespoke chips; a s

Business Insider reports AI startup Anthropic has confirmed it is assembling an internal chip team to design custom accelerators for its Claude model. A job posting and company statement show Anthropic is hiring engineers to design bespoke chips; a spokesperson said this is the company’s first public confirmation. The spokesperson said Anthropic will co-design hardware and AI models so Claude can "run faster and more efficiently at customer scale." They added Anthropic will pursue a multi‑chip strategy and will continue to rely on hardware from AWS, Google, NVIDIA and AMD as key components when scaling compute.
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