The substance said to have been sold by Kenneth Law is linked to the deaths of 73 British people. Continue Reading »

Explosion of Blue Origin rocket is a setback for the company and for Nasa's Moon plans. Continue Reading »

US officials earlier told the BBC that the framework of a ceasefire extension deal had been agreed, pending the approval of Trump and Iran's leadership. Continue Reading »

Tom Kerridge, Yotam Ottolenghi, Ravneet Gill and Simon Rogan told BBC Newsnight VAT should be slashed to 10% to ease mounting pressure on the hospitality industry. Continue Reading »

Muhammad Amaad and Mohammed Fahir Amaaz denied assaulting a Greater Manchester Police officer in 2024. Continue Reading »

Dell reported its fastest pace of revenue growth since returning to the public market in 2018, with AI server revenue soaring 757% over last year. Continue Reading »

In a post on X, Elon Musk offered details about SpaceX's deal with Anthropic that weren't included in the company's IPO prospectus. Continue Reading »

The DOJ has face strong criticism for the creation of the $1.8 Anti-Weaponization Fund which could compensate allies of President Donald Trump. Continue Reading »

Photonics is considered to be a more efficient alternative to the current process of transferring data using electricity, which could be crucial to the AI boom. Continue Reading »

The volatility spread between single stocks and the index makes a world of a difference for options traders. Continue Reading »

Par AFP Par Stuart WILLIAMS © 2026 AFP Il est le troisième meilleur buteur de l'histoire de l'équipe nationale iranienne, et auteur d'une brillante carrière en club, mais Sardar Azmoun devrait manquer la Coupe du monde 2026, une exclusion qui fait polémique dans son pays.L'Iran doit jouer ses trois matchs de la phase de groupe aux Etats-Unis, co-organisateur du Mondial avec le Mexique et le Canada. Mais avec la guerre qui a éclaté après les frappes israélo-américaines contre Téhéran le 28 février, c'est sous haute surveillance que l'Iran va prendre part au Mondial, même dans le contexte du cessez-le-feu en vigueur depuis le 8 avril.Agé de 31 ans, le joueur, qui évolue dans un club des Emirats arabes unis, pays allié des Etats-Unis, a fait l'objet de vives critiques dans les médias de la République islamique en mars, période la plus intense du conflit, après la publication d'une photo, épinglée sur son profil Instagram, le montrant aux côtés du Premier ministre des Emirats, le cheikh Mohammed Ben Rashid Al Maktoum."A un tournant historique, Sardar Azmoun s'est rangé du mauvais côté", a commenté l'agence de presse progouvernementale Fars. Elle a accusé l'attaquant, passionné de courses hippiques, d'avoir "misé sur le ... Continue Reading »

Par AFP © 2026 AFP Les espoirs renouvelés d'un accord sur le Moyen-Orient soutiennent la Bourse de New York vendredi, qui profite aussi d'un large enthousiasme pour les valeurs liées à l'intelligence artificielle (IA) après les résultats du groupe informatique Dell.Dans les premiers échanges, le Dow Jones prenait 0,21%, l'indice Nasdaq avançait de 0,16% et l'indice élargi S&P 500 s'octroyait 0,18%.Nasdaq Continue Reading »

Par AFP Par Fran BLANDY © 2026 AFP Le chef indigène Bepdjo Mekragnotire se prépare une nouvelle fois à mener un groupe de guerriers pour chasser des orpailleurs du territoire de son peuple, au coeur de la forêt amazonienne brésilienne.Cet homme de 45 ans, qui arbore fièrement une coiffe de plumes rouges, s'inquiète de ces incursions de plus en plus fréquentes dans le territoire Bau, dans l'Etat brésilien du Para (nord). Il y a quatre ans, il avait déjà expulsé près que 200 orpailleurs."Les mineurs sont têtus. Ils entrent par tous les moyens car aujourd'hui, le prix de l'or est très élevé", dit-il à l'AFP à Pykany, un village de son peuple, les Kayapo, le même que le cacique emblématique Raoni Metuktire.Le cours de l'or, valeur refuge par excellence, a flambé à nouveau en raison de l'instabilité mondiale.De quoi attirer les orpailleurs vers des zones auparavant relativement épargnées, comme le territoire Bau. En février, quand le chef Bepdjo Mekragnotire et ses guerriers ont croisé un groupe d'orpailleurs à bord d'un canoë, des armes à feu ont été brièvement dégainées des ... Continue Reading »

Par AFP © 2026 AFP Un tribunal de Hong Kong a rejeté vendredi l'appel de l'ex-dirigeant du principal syndicat de journalistes de ce territoire semi-autonome chinois contre sa condamnation pour entrave à l'action de policiers, confirmant une peine de cinq jours de prison.Ronson Chan, ancien président de l'Association des journalistes de Hong Kong, avait été arrêté par la police, qui a affirmé qu'il avait refusé de présenter sa carte d'identité et avait été "non coopératif" lors d'un contrôle en 2022 par deux policiers en civil alors qu'il allait couvrir une réunion de copropriétaires de logements sociaux.La police hongkongaise dispose de pouvoirs étendus en matière d'arrestation et de fouille et les résidents n'ont que des recours limités pour s'opposer à un contrôle d'identité.En première instance en 2023, un juge avait estimé que M. Chan avait agi avec "imprudence" et "porté atteinte à l'ordre public".Une juge a confirmé vendredi cette décision, condamnant le journaliste chevronné de 45 ans à cinq jours de prison. Son avocat a déclaré à la presse qu'ils envisageaient de faire appel.L'Association des journalistes de Hong Kong s'est dite dans un communiqué préoccupée par l'impact de cette décision sur le journalisme, exposant potentiellement les professionnels des médias ... Continue Reading »

Par AFP Par Lynn MYAT © 2026 AFP Malgré le ciel de mousson promettant de fortes pluies, les agriculteurs birmans s'inquiètent pour leurs futures récoltes face à la crise des engrais et du carburant provoquée par la guerre au Moyen-Orient."Si les prix continuent d'augmenter, j'en serai réduit à mendier ", dit à l'AFP Soe Naing, assis sur un sac de semences de riz face aux 12 hectares de terres qu'il loue dans la commune de Kawhmu, au sud de Rangoun."Je vais peut-être abandonner l'agriculture, même si c'est ma vocation", poursuit le quinquagénaire entre les rideaux de pluie annonçant le début de la saison des plantations dans la région. La guerre au Moyen-Orient a provoqué des difficultés d'approvisionnement en Asie, très dépendante des navires transitant par le détroit d'Ormuz.En proie à une guerre civile depuis un coup d'Etat militaire en 2021, la Birmanie est encore plus vulnérable que ses voisins: selon des chiffres officiels, le pays d'Asie du Sud-Est importe 90% de son fioul et jusqu'à 95% de ses engrais chimiques, produits en abondance dans le Golfe.La flambée des prix de ces ... Continue Reading »

Kenya’s High Court has halted a US-backed Ebola facility after a legal challenge Read Full Article at RT.com Continue Reading »

Polish President Karol Nawrocki says Vladimir Zelensky should be stripped of the Order of the White Eagle for honoring Nazi “murderers” Read Full Article at RT.com Continue Reading »

The Middle East crisis shows why Eurasia needs its own security architecture built on indivisible security rather than external intervention Read Full Article at RT.com Continue Reading »

A new UNESCO report shows school participation gains have stalled worldwide, with setbacks appearing even in rich countries Read Full Article at RT.com Continue Reading »

German opposition politician Sahra Wagenknecht has condemned Berlin for enforcing EU sanctions against journalist Huseyin Dogru Read Full Article at RT.com Continue Reading »

Решение приняли для обеспечения фитосанитарного благополучия российской территории, отметили в Россельхознадзоре Continue Reading »

Об этом сообщил губернатор региона Денис Паслер Continue Reading »

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Соглашение рассчитано на один сезон Continue Reading »

Об этом сообщило региональное Министерство по делам гражданской обороны и чрезвычайным ситуациям Continue Reading »

Trump DOJ 'lawfare' fund temporarily blocked by judge as suit proceeds... (Top headline, 1st story, link) Drudge Report Feed needs your support!   Become a Patron Continue Reading »

WHAT HAS HE DONE? (Main headline, 1st story, link) Related stories:TRUMP IN RUINS; APPROVAL 34%SHARP DROP WITH WHITES Continue Reading »

TRUMP IN RUINS; APPROVAL 34% (Main headline, 2nd story, link) Related stories:WHAT HAS HE DONE?SHARP DROP WITH WHITES Continue Reading »

SHARP DROP WITH WHITES (Main headline, 3rd story, link) Related stories:WHAT HAS HE DONE?TRUMP IN RUINS; APPROVAL 34% Drudge Report Feed needs your support!   Become a Patron Continue Reading »

Israel bombs ancient sites as it pushes deeper into southern Lebanon... (First column, 1st story, link) Related stories:Netanyahu orders army to seize 70% of Gaza... Continue Reading »

Comments mark a shift in Berlin’s stance towards one of its key allies, of which it has long been a strong supporter. Continue Reading »

Harvard Medical School graduate Leen Ezzeddine dedicated her graduation speech to Palestine and Lebanon. Continue Reading »

Firefighters work to free riders stuck atop a rollercoaster in Texas Continue Reading »

Call comes amid a global push for greater accountability and oversight of social media platforms. Continue Reading »

France overcame decades of underachievement to create a football talent system unmatched anywhere in the world. Continue Reading »

Germany arrested a man after he erected a replica of Auschwitz’s 'Arbeit macht frei' gate, swastikas and a mock crematorium marked 'Zyklon B' outside a Bavarian tax office. His mother says he is depressed, not antisemitic Continue Reading »

Dani Dayan was added to a Ukrainian blacklist after criticizing the state reburial of Andriy Melnyk, a nationalist leader who collaborated with Nazi German; Kyiv-linked site accused him of spreading 'Russian-fascist propaganda' Continue Reading »

Rare access to Israel’s Witness Protection Authority reveals how it erases identities, relocates witnesses abroad under new names and even alters appearances, while managing constant assassination threats from crime organizations and enforcing total separation from past lives Continue Reading »

Egoz Unit’s drone fighters describe combat in Lebanon under Hezbollah’s drone threat: eliminating operatives, preventing attacks and operating underground, while recounting one of the unit’s deadliest battles and the growing civilian demand for drone experts Continue Reading »

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The Justice Department is said to be examining the funding of lawsuits brought by E. Jean Carroll, an author who has never sought a public role, political power or governmental authority. Continue Reading »

Two monetary judgments against Mr. Trump are winding their way through the legal system, with the Supreme Court likely to be the final word on both. Continue Reading »

Plus, the Friday news quiz. Continue Reading »

Despite the rising body count off the South American coast, researchers say cocaine is as easy to get in many parts of the United States as it was before the strikes began. Continue Reading »

New York leaders changed state immigration laws to hold federal agents accountable for their deportation tactics, but their efforts will face opposition from the Trump administration. Continue Reading »

The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips. Continue Reading »

DeepSeek, SoFi and more in the latest Market Talks covering Technology, Media and Telecom. Continue Reading »

DeepSeek is called “amazing and impressive” despite working with less-advanced chips. Continue Reading »

The LinkedIn co-founder is starting Manas AI with “The Emperor of All Maladies” author Siddhartha Mukherjee. Continue Reading »

Apps can add flexibility and freshness to your routine. Just try not to get injured. Continue Reading »

Israel allowed displaced Gazans to begin crossing a military zone that bisects the enclave after a deadlock over hostage releases was broken. Continue Reading »

Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step in. Continue Reading »

Some of the women were held alone for extended periods and spent eight months in tunnels, an Israeli medical official said. Continue Reading »

The alliance mounted its first coordinated response to a suspected sabotage campaign against critical infrastructure after another cable was severed in the Baltic Sea. Continue Reading »

Residents of Goma reported gunfire and shelling after rebels overran Congolese troops. U.N. officials estimated that more than one million displaced people were now inside the city. Continue Reading »

Every week political cartoonists throughout the country and across the political spectrum apply their ink-stained skills to capture the foibles, memes, hypocrisies and other head-slapping events in the world of politics. The fruits of these labors are hundreds of cartoons that entertain and enrage readers of all political stripes. Here's an offering of the best of this week's crop, picked fresh off the Toonosphere. Edited by Matt Wuerker. Continue Reading »

New results from The POLITICO Poll underscore the challenge facing the president and Republicans, who are eager to channel voters’ cost of living concerns into a winning midterm message. Continue Reading »

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Jill Biden’s new memoir is the latest of many pain points for Democrats who want to move on from 2024. Continue Reading »

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The ousted former attorney general is scheduled to answer questions Friday from the House Oversight Committee on how she handled the release of the Jeffrey Epstein files. Continue Reading »

Coming off his recent successes, the president could seek to oust even more not-entirely-loyal GOP lawmakers next cycle. Continue Reading »

Rep. Lori Trahan is negotiating across the aisle on a thorny policy issue while eying a promotion in leadership. Continue Reading »

Lawmakers continue to seek to block cost-of-living adjustments even after a federal judge ruled the practice unconstitutional. Continue Reading »

The Kentucky Republican was ousted after a challenge from a Trump-backed opponent. Continue Reading »

It’s about expediting care, not politics, officials said. Continue Reading »

The president’s complaint revolves around a 2025 report related to a bawdy letter to Jeffrey Epstein bearing Trump’s signature. Continue Reading »

Trump’s abandoned AI order emerged from weeks of NDA-bound talks with OpenAI, Anthropic and Google. Continue Reading »

“Oman will behave just like everybody else or we’ll have to blow them up,” he told reporters at the White House. Continue Reading »

The meeting, planned for Tuesday, is the latest development in the vice president’s fraud-fighting initiative. Continue Reading »

The Seattle LGBTQ Commission has petitioned the city's mayor, Democratic Socialist Katie Wilson, to declare a civil state of emergency to accommodate the massive influx of LGBTQ+ people. Continue Reading »

The latest example of this comes from the Seattle LGBTQ Commission and a coalition of local left-wing groups, which are demanding that socialist Mayor Katie Wilson declare a civil emergency over what they call a "trans relocation crisis." Continue Reading »

Seattle LGBTQ groups rallied Saturday to call on Mayor Katie Wilson to issue a state of emergency, as rising numbers of LGBTQ people from red states flee to Seattle. Continue Reading »

President Donald Trump made a lot of promises on the 2024 campaign trail. Which have been kept, and which are unfulfilled? Continue Reading »

On the menu today: You probably haven't thought about former first lady Jill Biden — pardon me, Doctor Jill Biden — in a while, and I'll bet you've enjoyed the respite. Alas, that break is over, because she is publishing a book and is kicking off the publicity tour by telling CBS News that she initially believed her husband had suffered a stroke on stage during his lone presidential debate with Donald Trump in 2024. She also insists that Joe Biden never looked or sounded as bad as he did before that night, and has never looked or sounded as bad since, either. She is not very smart and is utterly convinced that you can be easily fooled. Elsewhere, a look at a New Jersey Democratic candidate for Congress that likely even Graham Platner would say is an extremist. Continue Reading »

As she watched President Biden stumble through the most cringeworthy portion of his disastrous June 2024 debate, First Lady Jill Biden wondered if her husband had unknowingly ingested drugs or was having a medical episode on live television. "Is he short-circuiting?" Jill Biden thought. "Is this a stroke? I felt like we were watching an AI hologram of the man we knew, and the hologram was glitching. Has he been drugged?" Her mind then wandered to a more personal anxiety, considering how his nonsensical word salads—one of which ended with "we finally beat Medicare"—might implicate her as the person best positioned to know if the man who appeared to disassemble onstage was privately prone to incoherence. "Oh God—will people watching assume this is how he is all the time?" she writes in her new memoir, View From the East Wing, a copy of which The Atlantic obtained ahead of its June 2 release date. Continue Reading »

The most shocking thing about Jill Biden divulging that she thought her husband, the president of the United States, was having a stroke during his disastrous debate against Donald Trump is that she so casually says this during a television interview two years later. She's admitting to a crime against the American people — and expecting sympathy for it. This is on the level of Edith Wilson running the government while Woodrow Wilson was bedridden. It is a scandal of historic proportions. Continue Reading »

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AllSides conducted a bias analysis of Iran war coverage from outlets across the political spectrum, reviewing 40 articles across 20 media outlets from Feb 28th – March 6th. We noted several key differences.  Outlets on the left tend to highlight public opinion polls showing disapproval of the war, as well as Democrat criticisms. Outlets on the right tend to highlight Trump and Republicans’ perspectives, and frame disapproval of the war as a form of betrayal. Continue Reading »

Supporters at Texas Attorney General Ken Paxton's election night watch party in Plano said Tuesday they were firmly behind the Republican Senate candidate long before President Donald Trump endorsed him. Continue Reading »

Ken Paxton romped to victory Tuesday, setting up November election against James Talarico that has rekindled Democratic hopes in Texas. Continue Reading »

Pope Leo XIV issued his first encyclical on Monday covering artificial intelligence. AI risks making civilization "less human," he warned. Continue Reading »

President Donald Trump proved once again that his endorsement is, as Texas Attorney General Ken Paxton put it in his primary runoff victory speech Tuesday night, "the most powerful force in politics." Continue Reading »

Riverside County Sheriff Chad Bianco's unprecedented seizure of 650,000 local voters' ballots earlier this year just inspired a new law to stop him from doing it again. Continue Reading »

Law enforcement officers will be banned from interfering with California elections under a new law Gov. Gavin Newsom signed Wednesday, just in time for the June 2 primary election. Continue Reading »

Claims of potential voting irregularities in California spread rapidly online this week after a state lawmaker shared allegations that duplicate ballots were sent to a woman in Riverside County ahead of the June 2 primary. Continue Reading »

A hulking metal arena is rising on the White House's South Lawn as ​U.S. President Donald Trump pursues a spate of construction projects, and is set to host a night ‌of cage fighting to mark the 250th anniversary of U.S. independence. Continue Reading »

It's been hard to imagine the scene planned for the Trump White House on June 14: Mixed martial arts fighters in a cage match on the South Lawn. Continue Reading »

UFC President and CEO Dana White insisted that the upcoming plans for a UFC fight at the White House for the America 250 celebration in June is not "political." Continue Reading »

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose. Capital punishment is an essential tool for deterring and punishing those who would commit the most heinous crimes and acts of lethal violence against American citizens. Before, during, and after the founding of the United States, our cities, States, and country have continuously relied upon capital punishment as the ultimate deterrent and only proper punishment for the vilest crimes. Our Founders knew well that only capital punishment can bring justice and restore order in response to such evil. For this and other reasons, capital punishment continues to enjoy broad popular support... Continue Reading »

Russia Warns US Against Sending Thousands More Troops Near Its Borders: Pushing Toward 'Suicidal Conflict' Russia is deeply alarmed about US plans to deploy thousands of additional troops to NATO's eastern flank member Poland, slamming reports out of Washington as unacceptable and portending an escalation in the Ukraine war. Russian Foreign Ministry spokeswoman Maria Zakharova said at a press briefing on Thursday that sending additional American soldiers to Poland "would result in escalation of tension across Europe" and that Moscow would be forced to take "retaliatory measures". Getty Images Given that some 5,000 troops are being moved there from Germany, she did acknowledge that reducing America's troop presense in Europe would overall be "rational, justified, and long-overdue" step toward stabilizing what she called an "imbalanced" security situation created by NATO and Western policies. Weeks ago, the White House began threatening a significant and historic force reduction from Germany, following Berlin officials' repeat criticisms of the US-Israeli war against Iran. This was initially presented in media reports as part of a broader drawdown from Europe, but now it appears US forces are just being shifted around, and with 5,000 to be placed closer to Russia. But these thousands more ... Continue Reading »

DC Great Again: Historic Columbus Circle Fountain Flows For First Time In Years Authored by Steve Watson via Modernity.news, The Trump administration continues to deliver tangible results in Washington, D.C. Columbus Circle at Union Station is now clean, safe, and beautiful again, with its historic fountain restored and water flowing for the first time in years. The ribbon was officially cut Thursday, and fencing around the circle comes down tomorrow, reopening the space to the public as a polished front door to the capital. Columbus Circle at Union Station in D.C. is CLEAN & SAFE again! THANK YOU @POTUS & @SecretaryBurgum! pic.twitter.com/DunGCzcjBg - Trump War Room (@TrumpWarRoom) May 28, 2026 The ribbon has been cut. Columbus Circle at Union Station is officially restored. The fencing around the circle will come down tomorrow, making it officially back open to the public. pic.twitter.com/BRqkL55eLJ - Reagan Reese (@reaganreese_) May 28, 2026 Secretary of the Interior Doug Burgum celebrated the moment, posting side-by-side images. Columbus Circle is a historic front door to Washington, D.C. and thanks to @POTUS, today it is once again ready to welcome the public! pic.twitter.com/nXetZR572W - Secretary Doug Burgum (@SecretaryBurgum) May 28, 2026 Before-and-after footage highlights the stark turnaround. Under the ... Continue Reading »

Will Blue Origin's Vaporized Rocket Set Back Amazon Leo's Satellite Rollout Summary:  Amazon Leo needs 24 New Glenn launches to close the gap with SpaceX's Starlink. NASA needs New Glenn for Artemis. Both timelines could've just been derailed simultaneously. Blue Origin's New Glenn Rocket Explodes On Florida Launchpad Will Blue Origin's New Glenn Rocket Mishap Derail Amazon Leo Satellite Launches Ahead of Thursday night's disastours static-fire test of Blue Origin's New Glenn rocket, Jeff Bezos' rocket company was planning to launch 48 Amazon Leo satellites, formerly Project Kuiper.  Amazon says it has completed 11 missions and launched more than 300 Leo broadband satellites. The next batch of 48 satellites was expected to be launched into LEO in early June, but last night's mishap is likely to have derailed those efforts.  🚀 Launch Alert | New Glenn's fourth launch will send 48 @AmazonLeo satellites into low Earth orbit as part of their growing broadband constellation. More details to come soon. pic.twitter.com/2jNAucrtPv — Blue Origin (@blueorigin) May 27, 2026 Amazon Leo is a direct competitor to Elon Musk's Starlink internet service, which has more than 10,400 broadband satellites in space and ten million customers worldwide.  Growth is very fast (Starlink added millions in 2025 alone), with unofficial ... Continue Reading »

Iran Clarifies Deal 'Not Finalized' Amid Lack Of Trust, Warns US-Gulf Of 'Utter Ruin' If War Resumes Iran's Tasnim reports Friday that the US-Iran Memorandum of Understanding (MOU) is not yet finalized, and that Thursday's flurry of Western media headlines about an agreement finally being reached were inaccurate. "The text is not finalized yet and the account in Western media is not precise," a fresh statement indicates. Official confirmation will be announced if it does get to the point of being finalized, Tasnim notes. The report cited an Iranian official to say that "the text of the possible memorandum of understanding has had changes over the past few days." The warring sides are attempting to lock in a 60-day extended ceasefire, during which time they will get back to the table - and that's when finer details like how to address Iran's stockpile of highly enriched uranium will be dealt with. It is now day 91, and according to the latest Friday: Iranian Parliament Speaker and top negotiator Ghalibaf says: "We have no trust in guarantees or words." Late Thursday, US Vice President J.D. Vance indicated that President Trump has not approved, at a ... Continue Reading »

SpaceX Reportedly Lowers IPO Valuation Target SpaceX is targeting a valuation of at least $1.8 trillion in its upcoming initial public offering, Bloomberg reported, citing people familiar with the matter. This is below an earlier goal of more than $2 trillion. In practice, the initial IPO valuation target is a marketing range, not a final number. Therefore, any valuation shifts ahead of the trading day would not be unusual. This suggests advisers are calibrating the deal to what investors are willing to absorb, especially given the massive proposed raise of up to $75 billion. The target is settling lower after consultations with advisers and investors, the people said, asking not to be identified as the information isn't public. Details of an IPO, such as size and valuation, are typically adjusted ahead of pricing based on feedback from stakeholders, the people said. SpaceX is seeking to raise as much as $75 billion, people familiar with the matter have said, which would make it the biggest IPO of all time. -BBG The May 21 SpaceX S-1 filing revealed that Elon Musk's space company is much more than a reusable-rocket and satellite-internet company. It now encompasses ... Continue Reading »

Futures Hit Another Record High After Pricing In Same "Iran Deal" Every Day For The Past Month US equity futures are higher, continuing their slow motion-gamma squeeze into record territory, as traders waited to see whether America and Iran could finally get the peace deal they have already priced in every single day for the past month. As of 8:00am ET, S&P futures are up 0.1%, and poised to rise for the ninth consecutive week, the best streak since 2023; Nasdaq futs also have modest gains. In the pre-market, Mag 7 are mostly lower with AMZN (-1.0%), TSLA (-0.7%), AAPL (-0.6%) the laggards even as evidence of relentless demand for AI-infrastructure stocks was on display as Dell jumped 37% after the legacy computer maker gave a sales outlook that far surpassed analysts’ estimates, fueled by servers designed to run AI workloads. MSCI All Country World Index on track for a second monthly gain, both European and Asian markets were higher overnight. Bond yields are flat at 4.44% and the USD remains unchanged. WTI crude fell $1.46 to $87.44, while Brent traded around $92; base metals are all higher; gold added 0.7%. Economic data slate includes ... Continue Reading »

French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1 “We remain vigilant, without giving in to being alarmist,” said French Finance Minister Roland Lescure on social media after the Gallic nation saw its economy unexpectedly shrink at the start of the year. French gross domestic product fell 0.1% in the three months through March, the first quarterly contraction since the COVID pandemic, raising concerns over its resilience to the fallout from the Iran war. Statistics office INSEE had initially reported zero growth for the quarter, but a sharper decline in consumer spending than expected was "an unpleasant surprise", said Dorian Roucher, the agency's head of forecasting. He noted in particular "very bad figures for home renovations: it's rare to see this sector decline so much", Roucher told journalists, with overall construction spending down 1.7 percent. Consumer spending overall was dented by the surge in fuel prices since the Iran war throttled Gulf oil and gas shipments, falling 0.2 percent after rising 0.3 percent in the fourth quarter of last year. Business investment fell 0.4%. Trade made a negative contribution as exports dropped 3.5%. "The recession risk is fairly high," said Mathieu Plane, director of the French Economic Observatory, ... Continue Reading »

99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode Authored by Michael Snyder via The Economic Collapse blog, Our economy is being transformed at a faster pace than we have ever experienced before. Thanks to giant leaps in the field of artificial intelligence, human labor is not as valuable as it once was. All over the world, millions of human workers are being replaced and that trend is only going to accelerate. For those that have already retired or are on the verge of retirement, this isn’t that big of a deal. But for younger workers, this is absolutely terrifying. There is no loyalty in corporate America today. The moment that AI can do your job more efficiently than you can, you could be out the door. This is already happening at some of the biggest companies in the entire country. Good paying jobs are evaporating all around us, and as a result the gap between the wealthy and the rest of us is absolutely exploding. I knew that the employment marketplace was changing really fast, but the results of a brand new survey ... Continue Reading »

"Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was that while the market can hold hundreds of millions of barrels, it would still become fragile once working stocks fell too low. Like blood pressure in the human body, the issue is circulation.  Then, approximately 4 weeks later, the bank followed up this analysis with some more math, explaining "Why Hormuz Will Reopen By September... One Way Or Another." The bank calculated that of the 8.4 billion barrels in global oil inventories at the start of 2026, only 0.8 billion barrels were realistically available without pushing the system into operational stress. Long story short (and the long story can be found here), OECD commercial stocks could fall to operational stress levels by June, and then hit the global operational floor by September if the Strait of Hormuz remains closed, assuming demand destruction stabilized at 5.5 mbd (with oil prices paradoxically dropping since the last JPM article, demand destruction has actually slowed).  Meanwhile, the ... Continue Reading »

US To Power Base With Nuclear Aircraft Carrier As Navy Mulls New Floating Reactor Program Later this summer, the nuclear-powered USS Gerald R. Ford will export electricity from its two A1B reactors directly to Naval Station Norfolk, powering the largest naval base in the world from a $13 billion supercarrier sitting at the pier. Acting Secretary of the Navy Hung Cao provided the news during a May 14 House Armed Services Committee hearing on the FY2027 budget. “This summer, Naval Station Norfolk in Virginia is going to be powered from an aircraft carrier,” he said plainly. “We’re going to export the energy from the aircraft carrier to the base.”  A Navy spokesperson later confirmed the initial test will happen later this year as part of a broader push for “firm, baseload power” and mission assurance at installations. The Ford just returned to Norfolk after a record 326-day deployment. Its A1B reactors built by Bechtel and BWXT deliver roughly 25% more energy and operational availability than the older A4W plants on Nimitz-class carriers, with fewer sailors needed to run them. The test will show whether a docked supercarrier can serve as a floating ... Continue Reading »

"Significantly Exceeding Expectations": Dell Erupts 40% After AI-Fueled Beat, Outlook Hike Dell Technologies surged 38% in New York premarket trading after delivering a major earnings beat and issuing a stronger-than-expected annual sales forecast, fueled by explosive demand for AI servers that continues to reshape the hardware sector. Earnings results reinforce Dell's position as a direct beneficiary of the AI infrastructure buildout, as hyperscaler capex accelerates toward an estimated $800 billion this year and demand for compute-heavy server infrastructure remains robust. We’re building a Dell AI factory with @nvidia to power @grok for @xai @elonmusk pic.twitter.com/2aTYLtCBup — Michael Dell 🇺🇸 (@MichaelDell) June 19, 2024 Dell now expects fiscal 2027 revenue of $165 billion to $169 billion, far above its prior forecast of $138 billion to $142 billion and Bloomberg consensus of $142.1 billion. Adjusted earnings are now projected at $17.65 to $18.15 a share, versus the prior view of $12.65 to $13.15. 2027 Forecast: Sees revenue $165 billion to $169 billion, saw $138 billion to $142 billion, Bloomberg Consensus estimate of $142.12 billion Sees adjusted EPS $17.65 to $18.15, saw $12.65 to $13.15, estimate $13.14 Sees AI Server revenue $60 billion Second Quarter Forecast: Sees revenue $44 billion to $45 ... Continue Reading »

Consumers Face Fiscal-Cliff As Tax-Refund Sugar-High Fades Nearly two months of the national average gasoline price exceeding the politically sensitive $4-per-gallon level have left corporate America increasingly worried about consumer health this earnings season. Kraft Heinz's CEO warned that some households are "literally running out of money," while UBS analysts caution that even as the AI-linked chip and memory bubble inflates markets to new highs, there are growing "consumer cracks beneath the surface." The Financial Times reports that U.S. consumers may face a cash crunch this summer as Trump-era tax refund tailwinds fade and Iran-related fuel shocks squeeze household budgets. In other words, the sugar high is ending for consumers...  Tax refunds averaging nearly $3,500 have largely helped keep spending resilient, with Walmart, Target, and Lowe's citing refund-driven support in recent earnings calls. Some retailers warn that the boost is only temporary. Target said the tax-refund benefit will fade in the back half of the year, while Advance Auto Parts expects sales to slow as refund tailwinds disappear. "They're literally running out of money at the end of the month," Kraft Heinz CEO Steve Cahillane said in a recent interview with the WSJ. "We're ... Continue Reading »

Miniature Floating Nuclear Plants Could Supply Clean Power To Greek Islands Authored by Prabhat Ranjan Mishra via Interesting Engineering, Miniature floating nuclear power plants (FNPP) could help Greek islands by supplying power, according to a new study. Such plants could also help decarbonize Greece's non-interconnected islands, according to the study by the Deon Policy Institute, ABS, Core Power, and Athlos Energy. The concept of floating nuclear power plants is not new. (Representational image) A floating nuclear power plant is a nuclear installation in which one or more reactors are integrated into a floating platform or vessel, designed to generate electricity, heat, and, in some cases, potable water through desalination. They are powered by Small Modular Reactors - smaller-capacity reactors designed to be manufactured as standardized units in factory settings and transported to their deployment sites, according to the study. Floating Nuclear Power Plants' Deployment Deon also highlighted that Greece's extensive coastline and archipelagic geography favor floating deployment, enabling generation near demand without permanent land use or competition with renewables, agriculture, or housing. It's also claimed that FNPPs can replace oil-fired units on non-interconnected islands, support port electrification and coastal hubs without straining the grid, and ... Continue Reading »

South African Impeachment Committee To Hold First Meeting On President's "Farmgate" Scandal South Africa's parliament has scheduled for Monday the first meeting of an impeachment committee ​that will probe allegations around President Cyril Ramaphosa's "Farmgate" scandal, Reuters reported citing the Democratic Alliance ‌party.  The meeting is the next stage in an impeachment process against Ramaphosa that was revived by the Constitutional Court this month, in a setback for the leader for whom the ​affair has been a major embarrassment during his presidency.  South African President Cyril Ramaphosa speaks to lawmakers in parliament, in Cape Town, South Africa, May 14, 2026 Ramaphosa has denied wrongdoing ​in the scandal, in which bundles of cash were stolen from ⁠a sofa on his farm in 2020, raising questions about where he had ​acquired the money and why it was hidden in furniture. "The good thing is that ​parliament seems to be moving forward," said DA parliamentary leader George Michalakis. The first order of business for the committee's 31 members will be to elect a chairperson, he said, adding: "The DA's strong ​opinion is that it shouldn't be someone from the ANC." The DA is the ​second-biggest party in a ... Continue Reading »

France To Reimburse Patients For Anti-Obesity Drugs Authored by Guy Birchall via The Epoch Times, France is set to begin reimbursing severely obese people for the cost of weight-loss drugs, French Health Minister Stéphanie Rist said on May 28. Wegovy at a pharmacy in London on March 8, 2024. Hollie Adams/Reuters She said that Paris would subsidize the use of Danish company Novo Nordisk's Wegovy and American pharma giant Eli Lilly's Mounjaro from mid-June. "I am quite proud, because we are the first country in the European Union to provide reimbursement ... on a permanent basis," Rist told French broadcaster TFI. Officially, reimbursement will cover 65 percent of the cost of the weight-loss drugs, "but almost all patients will be covered" in full if they have "comorbidities, such as high blood pressure or diabetes," she said. "For the vast majority, it will be 100 percent reimbursement," Rist added. She said the eligibility criteria for the scheme would remain strict. "It was decided to reimburse these medicines for people with severe obesity, with a body mass index above 35 with comorbidities, or above 40. These are people who may be candidates for surgery, for an operation to treat ... Continue Reading »

Vance Says Trump Not Ready To Approve Iran Deal, Citing Distance On Nuclear Issue Summary Rtrs citing Iran's Fars: Iran's armed forces carries out a missile launch operation from southern regions of the country toward specified targets. Reports of US ships targeted (unconfirmed); also 'warning shots' fired on 'illicit' vessels. Per Axios: "U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Trump has yet to give it his final approval." Unconfirmed reports of Ayatollah denial of MOU. Saudi state media reports Pakistan is seeking to convince Washington to allow transfer of Iran's highly enriched uranium to China (Al Hadath). Iran launches ballistic missile on US base in Kuwait, which was reportedly intercepted by Kuwaiti forces. Fresh launch is retaliation for prior evening's skirmish involving US intercepting Iranian drones, and targeting coastal launch location. US x Iran permanent peace deal by June 30, 2026? Yes 42% · No 59%View full market & trade on Polymarket *  *  * Vance says Trump Not Ready to Approve MOU with Tehran Vice President J.D. Vance says that US President Trump is not yet ready to endorse the Iran ... Continue Reading »

Canadian Government Is Crushing Indie Media With Two Sneaky Policies Canada is not only going the way of Europe with the country's draconian speech laws, it is in many ways surpassing the suppression and censorship across the Atlantic.  The speed at which the population is being robbed of their freedoms is staggering, and much of this is being done through backdoor bureaucracy.   One factor that consistently frustrated the globalist Trudeau regime during the pandemic lockdowns was the Canadian public's access to national and international independent media.  Even with political leaders working directly with social media giants to censor users, truthful data outside of the institutional filters was still being effectively spread by alternative journalists and news sites.  This ultimately led to a large enough backlash in Canada and the US that eventually, covid mandates had to be abandoned.  Indie journalists were central to the effort to expose pandemic fallacies promoted by politicians as "science".  It would seem that in Canada, the elites are quickly working to close that loophole.  Mere proximity to the US makes censorship projects more difficult for the Canadian government, though incrementalism is well underway and "hate speech" laws in ... Continue Reading »

Leak Exposes Germany Forcing Social Media To Boost State Propaganda, Bury Dissent Authored by Steve Watson via Modernity.news, European elites are reeling from the information revolution they failed to suppress. A fresh leak exposes Germany’s state media regulators plotting a new law to compel social media platforms to automatically boost “reliable” and “trusted” mainstream outlets in their algorithms. Sold as a defense of “media plurality” against disinformation, this scheme reveals the ugly truth: after brute-force censorship ignited a global backlash and helped propel Elon Musk’s purchase of X, authorities are now seeking to engineer the feeds themselves to favor their approved narratives while sidelining dissent. This marks a shift from overt suppression to insidious manipulation. What began as panic over losing control has evolved into calculated digital gerrymandering. The awakening—fueled by years of heavy-handed crackdowns—created demand for uncensored spaces. Now, unable to fully extinguish that flame, regulators aim to starve alternative voices of oxygen through algorithmic favoritism. I can assure you 2 dozen other countries are watching closely to see if Germany can get away with it. If no very visible retaliatory threat or diplomatic intervention is made here by USG, you will not believe ... Continue Reading »

Stealth Technology In A Can Could Make Suicide Drones Invisible A Turkish defense startup claims it has developed a spray-on radar-absorbing paint coating that could reduce the radar signature of one-way attack drones without the exorbitant costs of traditional stealth materials, a capability once only reserved for major defense primes. Military and defense news outlet The Defense Blog reports that researcher Yunus İnce, along with colleagues at a small defense research firm, has developed a spray-on radar-absorbent material called "Kürşat 3.0." A Turkish startup claims it built a spray-on coating that makes drones invisible to radar — and says tests hit 43.2 dB attenuation. No independent verification yet. But if it works, stealth just got a lot cheaper.https://t.co/PTibodzoU2 — The Defence Blog (@Defence_blog) May 24, 2026 The coating reportedly consists of volcanic basalt and pumice and is designed to reduce radar return signals by up to 43 dB. If independently validated, this would exceed the 20 to 30 dB reduction typically seen with many current radar-absorbent coatings, potentially giving low-cost drone platforms a new, cheap survivability upgrade once reserved for billion-dollar stealth military aircraft programs. The Defense Blog offered additional color into the importance of ... Continue Reading »

Leftist Party Wants Voting Rights For All Foreigners Who've Lived In Germany For 5 Years Via Remix News, Germany’s Left Party is pushing for a major overhaul of the German electoral system by proposing that foreign residents without a German passport be granted voting rights after five years of legal residency. To achieve this, the Left faction in the Bundestag has submitted a formal application demanding that anyone residing legally in the country for at least five years be permitted to vote in federal elections, irrespective of their nationality. The move would serve as a major electoral boost for left-wing parties, with foreigners overwhelmingly voting for these parties when given the opportunity. Data from the Federal Statistical Office cited in the motion reveals that over 14 million people living in Germany in 2025 lacked German citizenship, a figure that includes roughly 5 million EU citizens. This foreign population has resided in the country for an average of 15 years. In other words, this pool of potential voters for the left is massive. The initiative also urges the federal government to collaborate with individual states to implement identical changes for state and municipal elections, ... Continue Reading »