Economy & Finance

Iran Attacks Kuwaiti Desalination Plant, Bringing Gulf Water Supplies Into Focus Just three days into Operation Epic Fury, we pointed out what may be the more consequential second-order risk, arguably even more important than the risk of data centers getting bombed (identified a month earlier): Are desalination plants the next targets in the U.S.-Iran war? […]

Abu Dhabi Halts Operations At Main Gas Plant After “Falling Debris” From Iranian Strike Operations at Habshan, the UAE’s massive onshore gas-processing hub operated by ADNOC Gas in Abu Dhabi, were halted on Friday after local authorities said a fire broke out at the facility due to “falling debris” from a “successful interception by air

Liberal Council In UK Moves To Ban “Intimidating” National Flags Authored by Steve Watson via Modernity.news, In the latest salvo against British identity, a Liberal Democrat-run council has formally branded the simple act of flying the England flag an “act of intimidation and division” – and backed it up with a legal notice threatening residents

Germany’s Economy Minister Urges Nuclear Rethink As Energy Prices Surge, Growth Forecasts Slide Germany’s Economy Minister Katherina Reiche has openly called for a fundamental reassessment of the country’s long-standing rejection of nuclear power, warning that heavy dependence on gas has left Europe’s largest economy dangerously exposed to repeated energy shocks. Speaking at the launch of

Foreigners Commit Nearly Half Of All Rapes In Austria, Syrians Largest Foreign Group Of Suspects Via Remix News, The number of rape suspects in Austria has more than doubled since 2015, with foreign nationals — and Syrians in particular — driving a disproportionate share of the increase. In addition, foreigners nare now responsible for nearly

Iraq Revives Syria Land Route, Post-Assad, To Export Oil To Europe Via Middle East Eye Iraq has restarted overland oil exports through Syria, marking a significant shift in regional energy logistics as the US-Israeli war on Iran continues to wreak havoc on traditional shipping routes through the Strait of Hormuz. Ali Nazar, director general of Iraq’s state oil marketer Somo, said on

Ukraine Becomes World’s AI Weapons Laboratory By Craig S. Smith of Eye on AI,  I was in Ukraine in February and wrote this piece before the start of the war with Iran, but its implications are even more relevant today. My interest in lethal autonomous weapons dates back to my time with the National Security Commission on

Allegations Of Pentagon “Casualty Cover-Up”: The Intercept Well-known national security news site The Intercept has issued fresh reporting which alleges a Pentagon cover-up when it comes to mounting US casualties from Trump’s Operation Epic Fury. Speculation and questions have lately surged among the public and analysts given that casualty updates put out by the Pentagon have

Why States Are Right To Reject AI Legal Personhood Authored by Siri Terjesen and Michael Ryall via The Epoch Times, A quiet but consequential legal movement is gathering momentum. Idaho and Utah have enacted statutes declaring that artificial intelligence systems are not legal persons. Ohio’s House Bill 469 proposes to declare that AI systems are

Putin To Saudi Crown Prince: Russia Ready To Do Everything To Stabilize Mideast Crisis Russian President Vladimir Putin said Thursday that Russia is willing to do anything toward bringing stability to the Persian Gulf and Iran crises.  “Russia is counting on an early end to the conflict in the Middle East, and is ready to