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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", mungofitch asked the members: "As for why the purchases stopped (for a while), perhaps the recent acquisition was seen to be somewhat counter to the capital allocation plans that Mr Buffett thought had been promised?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: OrmontUS ✭✹🐝 HONORARY
SHREWD
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Number: of 4624 
Subject: With friends like this ...
Date: 10/09/26 6:51 PM
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npr.org - Trump says u s to get diesel from russia relaxing pressure on moscow to ease prices before midterms

President Donald Trump said he has struck a deal to obtain diesel from Russia, a stunning reversal of years of U.S. pressure on Moscow over its war with Ukraine and an attempt to address high fuel prices ahead of the U.S. midterm elections.

Trump said on social media on Friday that he struck the deal with Russian President Vladimir Putin in a phone call in which he was expected to discuss a suspected case of plague in Russia. Instead, Trump announced that Russia will immediately supply more than 300,000 tons of diesel, followed by an additional 500,000 tons in November and 1 million tons "immediately thereafter." Russia will deliver an additional 3 million tons "within a short period of time" after that, he wrote.

Ukrainian President Volodymyr Zelenskyy called it, "a weak decision, unfortunately, a weak decision by strong partners," according to a statement released by the Ukrainian Embassy in Washington.

Trump's announced the deal as his envoy Steve Witkoff and son-in-law Jared Kushner were meeting with Ukrainian officials to discuss a proposal to try to end the Russia-Ukraine war.

"I believe our team is simply being used as a smokescreen. And that is certainly not fair. It is certainly not how partners should treat each other," Zelenskyy said.

_______________________

I wonder if Trump will yell at Ukraine if it continues to hit "our" diesel.

Jeff
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