The guidance was published on Thursday following the landmark Supreme Court ruling last year. Continue Reading »

Chancellor Rachel Reeves made a series of announcements aimed at relieving cost-of-living pressures. Continue Reading »

Newly released documents show that Queen Elizabeth had a "wish" for her son Andrew Mountbatten-Windsor to take on a "prominent role". Continue Reading »

Nottingham Forest's Morgan Gibbs-White is also set to miss out on the squad, though Ivan Toney and Jordan Henderson are expected to be picked. Continue Reading »

The prime minister says his government is delivering on its promise to restore control to the borders. Continue Reading »

Microsoft has not made the Maia 200 chips available to customers, but it is used in the company's data centers, offering better efficiency than other silicon. Continue Reading »

Trump delayed Biden-era EPA refrigerant rules, saying the move will lower grocery costs, though the impact on food prices remains unclear. Continue Reading »

Spotify, which is holding its first investor day in four years, is now under the direction of co-CEOs Gustav Söderström and Alex Norström. Continue Reading »

Traders on prediction market Polymarket think SpaceX, OpenAI and Anthropic on their first day of trading will surpass valuations of at least $1.4 trillion. Continue Reading »

GOP tensions over President Donald Trump's DOJ fund derail Senate attempt to pass immigration enforcement funding package. Continue Reading »

Par Carla Boi TV5 JWPlayer Field Entre rêve, mystère et étrangeté, Nathalie Bittinger propose une plongée dans l’univers fascinant de David Lynch. De Ereserhead à Inland Empire, en passant par Twin Peaks et Mulholland Drive, son ouvrage explore les thèmes, les obsessions et l’esthétique singulière d’un cinéaste devenu culte. "Gardez l'œil sur le donut, pas sur le trou ! Dans la tête de David Lynch", est une pépite pour initiés et néophytes. TV5 JWPlayer Field Entre rêve, mystère et étrangeté, Nathalie Bittinger propose une plongée dans l’univers fascinant de David Lynch. De Ereserhead à Inland Empire, en passant par Twin Peaks et Mulholland Drive, son ouvrage explore les thèmes, les obsessions et l’esthétique singulière d’un cinéaste devenu culte. "Gardez l'œil sur le ... Continue Reading »

Par AFP © 2026 AFP Un amateur de la montre "Royal Pop" de Swatch a été condamné à deux ans de prison ferme à Colmar pour avoir séquestré un jeune homme qu'il avait mandaté pour aller lui acheter le précieux accessoire, et qu'il soupçonnait de l'avoir floué, a-t-on appris jeudi auprès du parquet.La victime, âgée d'une vingtaine d'années, avait été chargée par le prévenu de faire la queue devant une boutique de Strasbourg le 16 mai afin d'acquérir la fameuse montre colorée, issue d'une collaboration avec l'horloger suisse de luxe Audemars Piguet, et qui a suscité un engouement inhabituel dans plusieurs pays.Mais au vu de la file d'attente, l'émissaire avait renoncé. Il était rentré bredouille auprès de son commanditaire, à qui il avait rendu les 400 euros que ce dernier lui avait confiés. S'estimant floué, accusant son intermédiaire d'avoir revendu la montre à son insu, l'homme âgé de 33 ans l'avait alors séquestré pendant environ 20 minutes dans la cave de son restaurant de kebab à Sainte-Marie-aux-Mines (Haut-Rhin), pour l'intimider et le contraindre à lui remettre davantage. Jugé mercredi en comparution immédiate devant le tribunal correctionnel de Colmar, l'amateur de montres a tenté de se justifier en expliquant ... Continue Reading »

Par AFP Par Peter CATTERALL © 2026 AFP Des Russes à la recherche d'intercepteurs de drones cotoyaient jeudi des entrepreneurs à l'affut des dernières technologies de nettoyage industriel lors d'une grande exposition à Shenzhen illustrant la domination de la Chine dans le domaine des drones.Des avions et véhicules sans pilote de toutes tailles, des dispositifs de détection à antennes, des systèmes antibrouillage dignes d'un film de science-fiction étaient exposés au Congrès mondial des drones à son ouverture dans la ville de Shenzhen (sud), capitale technologique de la Chine.La suprématie des entreprises chinoises s'impose dans de nouveaux domaines, de l'agriculture aux infrastructures, en passant par les équipements militaires.Les appareils volant à haute altitude dépendent de petits aimants puissants et d'autres composants cruciaux qui sont largement disponibles dans l'écosystème industriel chinois et sans égal ailleurs en termes d'efficacité et de variété."Lorsque vous avez besoin d'un composant, vous avez des centaines d'options différentes (en Chine), a déclaré un exposant, Javier Balaguer, de la société espagnole de conseil et de services aux entreprises Applus+ Laboratories."Si vous avez un accès direct" à ces produits, "ce sera beaucoup plus facile", a déclaré à l'AFP ce spécialiste des drones.Plus de 1.200 entreprises participent à l'exposition, selon ... Continue Reading »

Par AFP © 2026 AFP Près de soixante ans après la mort du Che Guevara en Bolivie, un documentaire présenté à Cannes sort de l’oubli ses derniers compagnons d’armes, traqués pendant des mois après la capture et l’exécution du mythique guérillero."Je voulais raconter l’histoire des hommes de l’ombre", explique à l’AFP Christophe Dimitri Réveille, qui a consacré vingt-deux ans à enquêter, retrouver des survivants, des militaires, des agents de la CIA et des témoins dispersés entre Cuba, la Bolivie et la France."Les Survivants du Che", qui mêle archives inédites, animation et interviews exclusives, avec Vincent Lindon comme narrateur, est né presque par hasard.Christophe Dimitri Réveille avait écrit la biographie de l’un des survivants lorsqu’il a rencontré l’acteur Benicio del Toro, qui a incarné Ernesto Che Guevara dans la saga de Steven Soderbergh en 2008.L’acteur portoricain estimait que réunir tous les survivants dans un même documentaire était "impossible", relate le réalisateur, qui s'est lancé dans ce défi. Il s’est rendu en Bolivie, jusqu'au ravin où le guérillero argentin a été capturé en 1967 par l’armée bolivienne, dans une embuscade."Sur le chemin de la mémoire qu’est ce film, j’ai eu la chance de rencontrer des fous furieux comme moi à ... Continue Reading »

Par AFP Par Robin LEGRAND © 2026 AFP Donald Trump pourrait voir jeudi les élus de sa majorité au Congrès lui infliger un rare revers en refusant de financer publiquement sa salle de bal à la Maison Blanche, et en imposant des restrictions à un fonds d'indemnisation décrié par l'opposition démocrate.Les sénateurs sont appelés à voter dans la nuit de jeudi à vendredi sur un texte budgétaire qui porte en grande majorité sur le financement de la police de l'immigration (ICE) et de la police aux frontières (CBP) pour plus de 70 milliards de dollars.Mais le projet de loi présenté prévoyait aussi un milliard de dollars pour le Secret Service, l'agence de protection des personnalités politiques aux Etats-Unis. Ce milliard devait être utilisé pour des infrastructures de sécurité liées au projet de salle de bal à la Maison Blanche. En octobre, Donald Trump avait fait détruire au bulldozer une aile entière de la Maison Blanche pour y construire une salle de bal censée pouvoir accueillir jusqu'à 1.000 personnes pour des réceptions diverses et des dîners en l'honneur de dignitaires étrangers.Le ... Continue Reading »

The Trump administration is reportedly pressuring a Palestinian UN envoy to abandon a senior General Assembly bid Read Full Article at RT.com Continue Reading »

The US indicted Raul Castro to create a pretext for invading Cuba and dominating the entire region, Daniel Kovalik has told RT Read Full Article at RT.com Continue Reading »

Ukrainian leader Vladimir Zelensky was inaugurated for a five-year term seven years ago Read Full Article at RT.com Continue Reading »

Europe has reported a record STI surge as gonorrhoea and syphilis spike, with the largest surge among homosexual men Read Full Article at RT.com Continue Reading »

Britain has claimed that two Russian fighter jets flew dangerously close to a UK surveillance aircraft over the Black Sea Read Full Article at RT.com Continue Reading »

Председатель комитета Госдумы по финансовому рынку Анатолий Аксаков отметил, что подобные инициативы уже предлагались и этот законопроект он поддерживает Continue Reading »

Поиски пропавших без вести на месте ЧП завершили Continue Reading »

Женщина заключила социальный контракт на открытие косметического кабинета, но превысила уровень дохода и скрыла это при подаче отчетных документов Continue Reading »

Мероприятие пройдет с 17 по 19 июня Continue Reading »

Все 27 находившихся на лайнере человек прошли медобследование и лабораторное тестирование на вирус Continue Reading »

SHOCK POLL: TRUMP APPROVAL 31%... (Top headline, 1st story, link) Related stories:Rove Warns 'Dangerously' Unpopular...Judge orders Wiles to preserve texts... Drudge Report Feed needs your support!   Become a Patron Continue Reading »

Rove Warns 'Dangerously' Unpopular... (Top headline, 2nd story, link) Related stories:SHOCK POLL: TRUMP APPROVAL 31%...Judge orders Wiles to preserve texts... Continue Reading »

Judge orders Wiles to preserve texts... (Top headline, 3rd story, link) Related stories:SHOCK POLL: TRUMP APPROVAL 31%...Rove Warns 'Dangerously' Unpopular... Continue Reading »

SUPREME LEADER: URANIUM STAYS IN IRAN (Main headline, 1st story, link) Related stories:RAPIDLY REBUILDING MILITARYPERMANENT TOLL IN HORMUZ?HACKER THREATS ON INFRASTRUCTURE Drudge Report Feed needs your support!   Become a Patron Continue Reading »

RAPIDLY REBUILDING MILITARY (Main headline, 2nd story, link) Related stories:SUPREME LEADER: URANIUM STAYS IN IRANPERMANENT TOLL IN HORMUZ?HACKER THREATS ON INFRASTRUCTURE Continue Reading »

Soubhiye Zeiter vowed to feed people affected by war even after being displaced from her home. Continue Reading »

The ONS says net migration fell to 171,000 in the ⁠12 months to the end of December from 331,000 a year earlier. Continue Reading »

Pricing for 2026 World Cup has been under heavy scrutiny, including in New York where city mayor cuts limited tickets. Continue Reading »

Manchester United defender Harry Maguire has announced on social media that he is not going to World Cup 2026. Continue Reading »

The nonbinding ruling is expected to be hailed as a victory by workers' groups and influence global labour relations. Continue Reading »

Newspaper rejects Israel’s threat to sue over a Kristof column alleging systematic sexual abuse of Palestinian detainees, calling it an attempt to silence reporting Continue Reading »

Lt. Gen. Eyal Zamir reportedly led a security delegation to the Gulf state; Abu Dhabi moves to fast-track oil pipeline bypassing Iran-threatened Strait of Hormuz Continue Reading »

Roman Gofman accuses Gali Baharav-Miara of acting in bad faith after she submitted new allegations tied to a key witness in petitions challenging his appointment as Mossad chief Continue Reading »

Continue Reading »

Marking 59 years since Jerusalem’s reunification, the Six-Day War Heritage Center unveils wartime diaries offering a rare glimpse into soldiers’ most personal moments; 'There is a war and you do not know if you will return - write' Continue Reading »

Once seen by some as the most conventional of President Trump’s political appointees, Todd Blanche has taken off the gloves in his new role as acting attorney general. Continue Reading »

Critics say the deal creates a “slush fund,” a term with a colorful maritime history. Continue Reading »

Democratic voters are in a combative, anti-establishment mood, unhappy with their party and disagreeing about its best path forward, a New York Times/Siena poll found. Continue Reading »

People who got the injection, retatrutide, lost 28 percent of their body weight on average after 80 weeks, Eli Lilly said. Continue Reading »

Stephen Colbert’s “Colbert Report” satirized politics. Then his “Late Show” confronted a moment when politics became self-satirizing. 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 »

Democratic National Committee Chair Ken Martin said the report “does not meet my standards.” Other Democrats were harsher. Continue Reading »

Her case has become a rallying cry for Republicans who continue to falsely insist that the 2020 presidential election was stolen. Continue Reading »

Continue Reading »

At the end of a month that put on full display Trump’s dominance over his own party, his season of settling scores may not have advanced the ball toward November. Continue Reading »

Traditionalists like Brad Raffensperger and Chris Carr were able to withstand the president’s furor for years — until now. Continue Reading »

Continue Reading »

Acting Attorney General Todd Blanche spent more than an hour sparring with Republican senators behind closed doors. Continue Reading »

It's an ambitious timeline for Republicans, who still haven't passed their current reconciliation measure. Continue Reading »

GOP leaders are waiting to see if the Senate can make progress with the party-line legislation. Continue Reading »

Reps. Brian Fitzpatrick and Tom Suozzi are drafting legislation as Senate Republicans consider curbs. Continue Reading »

Public health experts say neither virus poses an immediate threat to most Americans. But the trust deficit the viruses are exposing could be catastrophic when crisis arrives. Continue Reading »

Bezos has been accused of trying to curry favor with the president through his businesses. Continue Reading »

The DRC team cancelled the Kinshasa leg of its pre-World Cup training due to health restrictions. Continue Reading »

Evangelicals are already taking sides in the fight to succeed President Donald Trump. The fault lines will shape the GOP’s agenda for years to come. Continue Reading »

Young conservatives involved in Turning Point USA chapters in battleground states increasingly souring on the Iran war -- and some feel betrayed by President Donald Trump's "no wars" campaign promises. Continue Reading »

Harvard faculty voted in favor of capping A grades at 20% on Wednesday in an effort to combat grade inflation. "Today the Harvard faculty voted to make their grades mean what they say they mean," a statement from members of the Harvard faculty subcommittee told Fox News Digital. "For decades, grade inflation has been a collective-action problem: everyone saw it, but no one faculty member could fix it alone," it continued. "The faculty have now taken a major step to fix it together. We are gratified that the FAS faculty has approved the core elements of our committee's recommendations for simple, effective measures to address the problem of grade inflation—an essential step in the broader effort to recenter academics at Harvard College." Continue Reading »

Harvard faculty voted to cap the number of A grades given to undergraduates at about 20 percent per class, taking assertive action to reverse years of grade inflation at a time of intense scrutiny of higher education. The vote, reported Wednesday, is the most prominent symbol of a reckoning at some elite schools concerned by the increasing number of A's — a widespread issue that some faculty members warn is fundamentally damaging the integrity of education. Continue Reading »

The EU's cheap-gas lifeline is being diverted to Beijing instead. Last September, Russia, China and Mongolia rerouted half a century of energy history eastward. The three countries signed a legally binding memorandum for the Power of Siberia 2 pipeline – a roughly 2,600-km line, at an estimated cost of around $13.6 bn, that will carry 50 billion cubic meters (bcm) of natural gas every year through Mongolia into northern China's industrial heartland. Continue Reading »

When ESPN launched, in 1979, skeptics questioned the wisdom of a 24-hour sports channel. "Nobody's going to want to watch that many sports," they repeatedly told its founder, Bill Rasmussen. But Rasmussen, who had worked both in sports coverage and as a communications director for a hockey team, knew something about the audience that outsiders didn't: true fans always want more. Continue Reading »

The White House has delayed President Donald Trump's expected signing Thursday of an executive order on artificial intelligence, four people familiar with the matter told POLITICO. The directive was set to lay out the Trump administration's response to rising concerns about cybersecurity threats posed by cutting-edge artificial intelligence models. Continue Reading »

President Donald Trump said he could be Israel's next prime minister. Speaking to reporters ahead of the United States Coast Guard Academy graduation on Wednesday, May 20, the president said he "could run for prime minister" in Israel and that he is extraordinarily popular there. "So maybe after I do this, I'll go to Israel, run for prime minister," Trump said. "I had a poll this morning. I'm 99%, so that's good." Continue Reading »

The Department of Justice on Thursday announced the swearing in of 77 permanent immigration judges and an additional five temporary judges in a bid to expedite the processing of deportations. The judges fall under the purview of the Executive Office for Immigration Review (EOIR), which is responsible for handling the backlog of immigration cases. The DOJ also announced that, since President Donald Trump's return to the White House, the EOIR had processed more than 1 million cases and reduced the total backlog from 4 million to 3.5 million. Continue Reading »

Iran's Supreme Leader has issued a directive that the country's near-weapons-grade uranium should not be sent abroad, two senior Iranian sources said, hardening Tehran's stance on one of the main U.S. demands at peace ​talks. Ayatollah Mojtaba Khamenei's order could further frustrate U.S. President Donald Trump and complicate talks on ending the U.S.-Israeli war on Iran. Continue Reading »

A longtime signature gatherer will plead guilty to paying homeless people on Skid Row to help get initiatives on the ballot, federal prosecutors said Monday, part of an effort to crack down on what they claim is widespread voter fraud across the state. Continue Reading »

A California woman has been charged with paying individuals, including the homeless, to vote. Continue Reading »

A Marina Del Rey woman has agreed to plead guilty to bombshell charges that she paid homeless people on Skid Row to register to vote in a 20-year scheme tied to illegal petition signature collection. Continue Reading »

Rep. Thomas Massie (R-KY) lost his Kentucky primary on Tuesday to Trump-backed former Navy SEAL Ed Gallrein. Continue Reading »

James Murdoch is acquiring roughly half of Vox Media, a dramatic expansion in American media for the younger son of the industry titan Rupert Murdoch. The deal includes Vox Media's podcast network as well as New York magazine, a publication once owned by Mr. Murdoch's father. Mr. Murdoch, 53, emphasized that he was not looking to acquire a "daily news business" but rather wanted "longer-form, thoughtful journalism that can really speak to the culture," he told The New York Times in an interview on Tuesday. "We want to create platforms where really amazing, talented people can come and do the best work of their lives." Continue Reading »

James Murdoch agreed to acquire New York ‌Magazine and the Vox Media podcast network in a deal that will significantly expand his portfolio and stands to boost his influence over news and entertainment. The deal, valued at more than $300 million, gives Murdoch control of a storied magazine brand, known for its coverage of culture, politics and fashion, along with a podcast division whose reach among a demographic coveted by advertisers rivals that of cable television news networks, ​according to several people with direct knowledge of the acquisition. The politics news site Vox.com is also included. Continue Reading »

James Murdoch's Lupa Systems said Wednesday it has inked a deal to buy New York magazine, Vox Media's podcast network and news site Vox.com. Terms of the sale, which covers about half of Vox Media, were not disclosed. People familiar with the deal said it came to more than $300 million, according to the New York Times. Continue Reading »

Here's a rare news event that hasn't occurred in, gosh, a week: a university commencement speech was greeted with hostility because the speaker praised AI. Continue Reading »

For today's college students, attitudes toward AI can seem paradoxical. Continue Reading »

I saw a fascinating clip on Twitter/X recently. At the graduation ceremony for the University of Central Florida, the commencement speaker brought up AI. Continue Reading »

The Trump administration issued a surgeon general's advisory for parents, schools, and communities to limit screen time for children and adolescents, as a growing body of evidence suggests too much technology use can harm cognitive development and mental health. Continue Reading »

U.S. President Donald Trump on Tuesday revealed previously undisclosed details about his new bunker-like White House ballroom, saying it would have a drone base on ​the roof and a military hospital as part of a six-story subterranean complex. Amid ‌the bang and clang of construction, Trump took a group of reporters on a tour of the project to try to bolster his argument that the U.S. Congress should allocate $1 billion to pay for security enhancements to the building. Continue Reading »

The News-to-Death Ratio Strikes Again Authored by Carl Henegan and Tom Jefferson via The Brownstone Institute, There is a peculiar arithmetic that governs modern health reporting, one that has very little to do with actual risk. Hans Rosling captured it neatly during the 2009 swine flu episode, when he calculated a “news-to-death ratio” of 8,176-to-1. In other words, for every death attributed to swine flu, there were over eight thousand news stories. Tuberculosis, by contrast, received less than 0.1 news stories per death over the same period. If that sounds absurd, it is, and yet very little has changed. Take the current hantavirus scare. A cruise ship, the MV Hondius, sits off Cape Verde. There are 7 cases in total (2 confirmed, 5 suspected) and 3 deaths, including a Dutch couple and a German national. Passengers have been confined to their cabins while evacuations and disinfection efforts are organised. It is, undeniably, a dramatic story: a floating Petri dish, a whiff of quarantine, and a hint of the exotic. In the past week alone, there have been at least 10 to 15 unique news stories, generating hundreds of articles. For a disease that, in ... Continue Reading »

Jane Street Accused Of Using Terra Telegram Backchannel Before UST Crash Authored by Zoltan Vardai via CoinTelegraph.com, A newly unsealed court filing in the Terraform Labs bankruptcy case alleges Jane Street used a private Telegram channel with former Terraform intern Bryce Pratt to obtain nonpublic information before the collapse of TerraUSD. Pratt is currently a systems developer at Jane Street.  The channel, called “Bryce’s Secret,” allegedly gave the quantitative trading firm a backchannel to Terraform insiders as Jane Street unwound exposure to TerraUSD (UST) shortly before the algorithmic stablecoin lost its dollar peg in May 2022, according to the filing. “Jane Street used Bryce’s Secret chat group and other backchannel sources of non-public information to front-run trading that hastened the collapse of Terraform,” the filing states. The claims renew scrutiny of who profited from Terra’s $40 billion collapse, one of the crypto industry’s largest failures, and could test how traditional insider trading and market manipulation theories apply to decentralized finance markets. On Feb. 23, Todd Snyder, Terraform’s court-appointed administrator, sued Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang in Manhattan federal court, accusing them of “misappropriating confidential information and manipulating market ... Continue Reading »

"Drills Are Intended To Send A Signal": Russia Holds Massive Nuclear Drills On Land, Sea And Air Alongside Belarus Trucks carrying intercontinental ballistic missiles rumbled over forest roads, atomic-powered submarines set sail from Arctic and Pacific ports, and crews scrambled into warplanes as Russia and neighboring Belarus held the final stage of their joint nuclear drills Thursday. Russian President Vladimir Putin discussed the maneuvers in a video call with his Belarusian counterpart Alexander Lukashenko. “The use of nuclear weapons is an extreme, exceptional measure for ensuring the national security of our states,” Putin said, according to AP. Lukashenko earlier inspected Russian short-range nuclear-capable Iskander ballistic missiles at a military unit involved in the drills and declared: “I dreamed about this machine a long time ago.” The three-day drills that began Tuesday come amid a surge in Ukrainian drone strikes. including on Moscow’s suburbs that killed three people and damaged several buildings and industrial facilities. The strikes made it harder for officials in the Kremlin to cast the conflict in Ukraine — now in its fifth year — as something so distant that it doesn’t affect the daily routines of Russian civilians. Drills involve wide ... Continue Reading »

US Targets Hamas Support Networks Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Department of the Treasury's Office of Foreign Assets Control (OFAC) is sanctioning four individuals associated with a pro-Hamas flotilla that is trying to access Gaza in support of the terrorist group, the department said in a May 19 statement. Hamas terrorists secure an area before handing over an Israeli American hostage to a Red Cross team in Gaza City on Feb. 1, 2025. Photo by SAEED JARAS/Middle East Images/AFP via Getty Images The flotilla is organized by the Popular Conference for Palestinians Abroad (PCPA), which has been classified as a specially designated global terrorist by the United States. "The PCPA was established with funding from Hamas's International Relations Bureau and Hamas directs its activity through the placement of Hamas officials throughout the organization, including its executive body, the General Secretariat," the Treasury said. "So-called humanitarian flotillas that are organized by or supporting designated parties represent a significant compliance risk for financial institutions. Sanctioned terrorist groups continue to maintain significant influence over maritime flotillas to Gaza." The four individuals sanctioned by the Treasury include a Spanish member of the PCPA's ... Continue Reading »

Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira Two months ago, at the end of March, we reported that Turkey was aggressively dumping its gold reserves in a panic scramble to obtain dollar funding, which Erdogan's regime was using to keep the Turkish lira from crashing, and to also pay for energy imports which had suddenly soared in price as a result of the Iran war. The violent selling by Turkey (and other emerging markets) was behind the brutal plunge in gold prices, which tumbled by more than $1000 from near all-time highs at the start of the war to the low 4000s by the time Turkey had done selling much of its gold.  Then earlier this week, we got another confirmation of Turkey's wild liquidation spree when the latest central bank data showed that Turkey’s foreign reserves had their biggest monthly decline on record in March, as the Iran war triggered global selloffs in emerging market assets and strained the lira. According to balance-of-payments data, Turkey's official reserves cratered by $43.4 billion in March. Part of the decline reflected state intervention to offset portfolio outflows. The ... Continue Reading »

Is The Bond Market About To Break Washington Submitted by QTR's Fringe Finance The bond market is beginning to force reality onto Washington, and it may ultimately force an end to the Iran war long before politicians or diplomats are willing to admit it. For months, investors have focused on missiles, retaliation headlines, oil chokepoints, and the possibility of a broader regional escalation from the Iran War. During the geopolitical noise, I urged readers not to overlook stress in financial markets that was happening before the war even started, namely in places like private credit and subprime auto lending. I called these “real crises” hiding behind record highs while “investors” chase gamma squeezes higher in an ongoing distortion feedback loop that is making things look far better than they are under the surface. And now, beneath all the geopolitical noise, a much more serious, harder to ignore crisis is unfolding. As Cypher says in The Matrix: "Fasten your seat belt Dorothy, 'cause Kansas is going bye-bye." This crisis is in the Treasury market. Bond yields are moving sharply higher, and they are sending a message that policymakers can no longer afford to ignore: the financial system is becoming unstable under the weight of war ... Continue Reading »

Trump Posts Article Laying Out: "Here's How To Crush Tehran In Three Moves" President Trump on Thursday posted to Truth Social a New York Post article which was first published over two weeks ago, on May 1st, with the headline "Here's how to crush Tehran in three moves." Trump's new social media post, issued without additional comment, comes just after news of Iranian Supreme Leader Mojtaba Khamenei having drawn a hard line in the sand, ordering that Iran's stockpile of uranium enriched to 60% remain strictly inside Iranian territory. So now the world awaits what's next at a moment the White House has renewed threats of massive military strikes if Iran doesn't quickly come to the table and conform. The NY Post article had straight-faced and without a hint of intended irony proclaimed: "President Trump has the upper hand." That statement was issued on day 63 of Trump's Iran war. Today is day 83. What did the interim look like as the world's most powerful military force has been unable to reopen the Strait of Hormuz, amid constant threats to take new, bigger military action - but which never actually materializes (at least not yet) ... Continue Reading »

Iran's Drones, Defense Base Being Restored 'Faster Than Expected' Amid Extended Ceasefire: US Intelligence Summary Reuters reported that Ayatollah ordered that stockpile of uranium enriched to 60% remain strictly inside Iranian territory. Some Iranian officials then denied report to Al Jazeera. WH says make a deal or else... "they can face a punishment from our military the likes of which has not been seen in modern history." US Intelligence says Iran has reconstitute drone program, defense industrial base, "faster than expected" (CNN).   Will the Iran ceasefire continue through June 15? Yes 51% · No 50%View full market & trade on Polymarket *  *  * Drones, Military Industrial Base Being Rapidly Restored Amid Extended Ceasefire The Iranians have reportedly rebuilt damaged and destroyed defense industrial sites much faster than expected. That's according to US intelligence assessments cited in CNN, and based on anonymous officials. The Pakistan-mediated talks have been stalled, and each of the last several weeks has seen Washington issue updated peace conditions, only for Tehran to in return counter-issue its own demands. And round and round the indirect negotiation has gone, yet with no breakthrough, or not so much as a step forward. But perhaps this ... Continue Reading »

Trump EPA Targets Biden-Era Refrigerant Rules In Affordability Push Watch Live  President Trump Participates in an Announcement with the Administrator of the EPA https://t.co/lZJTv7m8HJ — The White House (@WhiteHouse) May 21, 2026 * * *  The Trump administration plans to delay compliance with Biden-era EPA regulations targeting hydrofluorocarbons later today. These regulations apply to refrigerants used in air conditioners, refrigerators, supermarket cooling systems, refrigerated trucks, cold storage, and some industrial applications. Bloomberg reports that the EPA's 2023 Technology Transitions Rule, enacted under the American Innovation and Manufacturing Act, will be rolled back, with an estimated cost savings of more than $2.4 billion. EPA Administrator Lee Zeldin said the Biden-era rules imposed costly and unrealistic requirements that exceeded the law. Americans were right to be frustrated with the Biden-era refrigerant rules. They didn't protect human health or the environment and instead piled on costly, unattainable restrictions beyond what the law requires," Zeldin told the outlet in a statement. Zeldin added, "Today, the Trump EPA is fulfilling President Trump's promise to lower costs and is fixing every problem we can under the authority Congress gave us." President Trump and Zeldin are set to announce the rollback of Biden-era EPA regulations ... Continue Reading »

US PMIs Lead The World As Manufacturing Tops 4-Year Highs, Services Sink Following Japan's ugly PMIs (Services lowest since March 2025) and Europe's disaster (weakest composite EU PMI since late 2023)... ...with prices surging... All eyes are on the US 'soft' survey data for signs of divergence (or contagion). With US 'hard' data improving notably, the preliminary soft survey data for May was mixed with improved performance in manufacturing was countered by a sluggish service sector. Flash US Services PMI Business Activity Index: 50.9 (April: 51.0). 2-month low. Flash US Manufacturing PMI: 55.3 (April: 54.5). 48-month high.  Source: Bloomberg “The damaging economic impact from the war in the Middle East is becoming increasingly evident in the business surveys," according to Chris Williamson, Chief Business Economist at S&P Global Market Intelligence: "The ‘flash’ PMI data for May recorded only modest growth of business activity as demand was again squeezed by a further spike in prices and jobs were cut as firms worried over rising costs and the economic outlook. Coming on the heels of a subdued April reading, the May PMI indicates that the economy will struggle to manage annualized GDP growth of much more than 1% in ... Continue Reading »

Lilly's Next-Gen Weight-Loss Drug Clears Trial With Near-Bariatric Surgery Results Eli Lilly reported positive Phase 3 results for its next-generation obesity drug, retatrutide, which delivered weight-loss results on par with those of bariatric surgery. In the TRIUMPH-1 trial, overweight adults, but without diabetes, achieved meaningful weight loss across all tested doses after 80 weeks: 12 mg dose: average weight loss of 70.3 pounds, or 28.3% of body weight. 9 mg dose: average weight loss of 64.4 pounds, or 25.9%. 4 mg dose: average weight loss of 47.2 pounds, or 19% Ahead of the results, RBC Capital Markets analyst Trung Huynh said the key success range would be 28% to 30% weight loss. Lilly's 12 mg dose appears to have cleared the low end of Huynh's bar, with patients losing an average of 28.3% of their body weight over 80 weeks. "We're in a zone that's historically been associated with bariatric surgery, and you're getting it with a medicine," Kenneth Custer, president of Lilly Cardiometabolic Health, told Bloomberg in an interview. Custer added, "I think we can definitively check the box" based on the data that "retatrutide moves the goalpost on max efficacy." Retatrutide is a first-in-class triple ... Continue Reading »

The Water Economics Of Data Centers Vs. Almond Farms & Golf Courses A recent Gallup poll shows that nearly 70% of Americans oppose the construction of a data center in their communities, highlighting the rise of local resistance movements against hyperscaler buildouts. This resistance is driven by concerns over skyrocketing power bills, the destruction of farmland as it is transformed into industrial-scale AI infrastructure, and fears that data centers will drain local resources, particularly water. It's no surprise that data center resistance is only gaining steam and will likely accelerate from here, as tech bros on the All-In podcast recently sounded the alarm. This resistance is emerging not just as power bills explode and water scarcity fears mount, but also as corporate America unleashes the "white-collar purge," with human labor swapped for GPUs. Meta was the latest to announce rising AI adoption alongside a new round of layoffs. Water has become a flashpoint in data center debates, as some of these facilities can use 5 million gallons of water every day, as much as 16,000-plus average U.S. households, according to Environmental Protection Agency estimates. There is also the extraordinary amount of power ... Continue Reading »

Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit Extending concerns about US consumer weakness - now that the bumper OBBBA tax refund period is over - after yesterday's earnings by Home Depot and Target, this morning Walmart reported Q1 earnings (the last big company to report, rounding out earnings season) and warned that fuel costs are squeezing the company’s bottom line and could lead to higher prices for shoppers.  In the latest quarter, the world’s largest retailer said comparable sales in US stores rose 4.1%, excluding fuel, in the latest quarter, slightly better than the 4.0% Wall Street analysts were expecting. That was the good news; the bad news is that this was the slowest growth in comp store sales since 2024; Walmart also forecast adjusted profit for the second quarter that missed analysts’ expectations. That, together with several warnings on the state of the low-income consumer and that prices will rise unless input costs drop slammed shares. The results show that the company continues to gain market share across income levels with its focus on low prices, fast delivery and wide assortment. But the emphasis on affordability ... Continue Reading »

FBI Charges Assistant US Attorney For Stealing Smith Report Docs In Trump 'Witch Hunt' Case Authored by Jonathan Turley, Former Justice Department prosecutor Carmen Mercedes Lineberger has been indicted for allegedly removing confidential Justice Department material and then concealing her efforts. Lineberger is accused of secretly transferring Jack Smith’s final report and hiding the material under files labeled “chocolate cake recipe” and “bundt cake recipe.” There has not been a greater recipe for disaster since aides tried to fit all of Biden’s candles on a cake. The case is particularly interesting because there was another person who was accused of a secret removal of Justice Department material who was not prosecuted: former FBI Director James Comey. Linebarger, 62, of Port St. Lucie, Florida, has been indicted on four criminal charges: one felony count of obstruction of justice, one felony count of concealing government records and two misdemeanor counts of theft of government property valued at less than $1,000. According to the indictment, Lineberger altered electronic file names of government records to conceal unauthorized transmissions of the documents to her personal email accounts and used file names for cake recipes to conceal her possession of the confidential ... Continue Reading »

Renter Nation Returns? Multi-Family Unit Starts & Permits Soar In April On the back of a small uptick in homebuilder confidence (though still languishing)... ...Building Permits jumped notably (+5.8% MoM vs +2.5% exp) in preliminary April data (while Housing Starts dipped 2.8% MoM, though less than the 5.2% MoM decline expected)... The pace of starts and permits on a SAAR basis has remained flat for four years... Multi-family unit starts and permits soared in April... As single-family home starts stagnate... It appears builders believe that 'Renter Nation' is on its way back. Tyler Durden Thu, 05/21/2026 - 08:50 Continue Reading »

Foreign Treasury Selling Is Getting Serious Submitted by QTR's Fringe Finance We already knew that the bond market was starting to call bullshit on America’s fiscal and monetary policy. Now we know that foreign governments are dumping U.S. Treasuries, and China is leading the way…even while President Trump pals around with President Xi Jinping. According to CNBC, foreign holdings of U.S. government debt fell sharply in March as central banks sold Treasuries to defend weakening currencies during the geopolitical and energy shock tied to the escalating Middle East conflict. China reduced its Treasury holdings to roughly $652 billion, the lowest level since 2008. Japan, the single largest foreign holder of U.S. debt, also cut exposure aggressively. Overall foreign holdings dropped from approximately $9.49 trillion to $9.25 trillion in a single month. That should deeply concern anyone paying attention to the structural fragility underneath the U.S. financial system. For decades, the global economy has operated on a relatively simple arrangement. The United States issues the world’s reserve currency, foreign governments recycle trade surpluses into U.S. Treasuries, and America finances massive deficits because the rest of the world willingly absorbs its debt. That system only works as long as ... Continue Reading »

Jobless Claims Refuse To Show Any Signs Of AI Jobpocalypse The number of Americans filing for unemployment benefits for the first time fell to 209k last week (below expectations), continuing to show absolutely on signs of any labor market stress... Source: Bloomberg That is basically unchanged since 2021. Continuing jobless claims ticked up modestly but remains below 1.8 million Americans (just off two year lows)... Source: Bloomberg So, despite the tsunami of headlines every day about the AI jobpocalypse, 'hard' data shows no signs of any pain yet (wait until the severance packages run dry)... Tyler Durden Thu, 05/21/2026 - 08:35 Continue Reading »

Watch: Vance Urges UK Patriots To Defend Their Culture Against Starmer Mass Migration Betrayal Authored by Steve Watson via Modernity.news, US Vice President JD Vance has sent a direct message of support to Britons standing up for their culture, telling attendees of the Unite the Kingdom rally to push forward despite Keir Starmer’s attempts to silence opposition to mass migration. The rally, held this past weekend in London and organised by Tommy Robinson, saw thousands of patriots turn out waving British flags.  Starmer’s government had tried to sabotage the event by blocking visas for 11 foreign speakers it labelled “far-right agitators.” 🚨 WOW! JD Vance just broke it down PERFECTLY for patriots in the West rising up against 3rd world migration, BUCKING Keir Starmer calling it "far-right""To everybody in the UK who rejects [3rd world migration], I'd encourage them to just KEEP ON GOING! It's OK to want to… pic.twitter.com/cKUjz95Nt7— Eric Daugherty (@EricLDaugh) May 19, 2026 The Prime Minister openly boasted about the bans on X, writing “I’ll always champion peaceful protest. But the Unite the Kingdom march organisers are peddling hatred and division. We’ve already blocked visas for far-right agitators who want ... Continue Reading »

Quantum Stocks Erupt As U.S. Gov't Awards $2 Billion, Takes Equity Stakes IBM and small-cap quantum names, including IonQ, D-Wave Quantum, Rigetti Computing, Infleqtion, and other peers, are surging in New York premarket trading after a Wall Street Journal report said the Trump administration is preparing to award $2 billion in CHIPS Act grants to nine quantum-computing companies. IBM is set to receive half of the $2 billion tranche, or about $1 billion, as the large-cap leader in the race to build quantum computing systems that could revolutionize national security, accelerate scientific discovery, and deliver a range of other economic benefits. WSJ, citing the Commerce Department, outlined the companies expected to receive funding from the 2022 Chips and Science Act: The department has agreed to give $1 billion of the package to IBM, a leader in the race to build computers that use quantum mechanics to solve problems much faster than traditional supercomputers. . . . IBM and other companies are working to develop specialized chips for quantum computing, a focus for the government in its bid to spur domestic supply chains. Chip maker GlobalFoundries is receiving $375 million in funding. The rest of the ... Continue Reading »

Futures Slump, Ignoring Korean Euphoria, After Iran Rejects Trump Enriched Uranium Demands A steady rebound in US equities driven by peak insanity in Korea (where the two chip stocks that account for most of the market surged and sent the Kospi soaring more than 8% overnight) faded after a report that Iran’s Supreme Leader issued a directive that the country’s near-weapons-grade uranium must remain in the country, rejecting Trump's key ceasefire demand, while oil and bond yields jumped as traders waited in mounting futility to see whether hopes of a peace deal in the Middle East would translate into tangible progress. As of 7:15am ET, S&P 500 futures fell 0.4% and Nasdaq futures slid 0.3% after otherwise very strong Nvidia’s earnings failed to ignite further strong gains in the artificial intelligence trade. Treasuries fell as Brent reversed earlier losses to climb 2% above $107 after Tehran's response disappointed those hoping for de-escalation. JPMorgan CEO Jamie Dimon did not help, warning that interest rates may climb much further from current levels. Long-dated bonds around the world have tested multiyear highs in recent days on concern about an oil-driven spike in inflation and amid worries over government spending. Yesterday's Nvidia ... Continue Reading »