Economy & Finance

Outrage After Von Der Leyen Groups Turkey Into Malign Axis With Russia, China Turkey’s government as well as some members of the European Parliament on Wednesday criticized recent remarks by European Commission President Ursula von der Leyen suggesting Europe should not fall under the influence of Russia, Turkey, or China – calling the comments misleading and […]

Nuclear Fuel Consortium To Provide Update On Approved Plans of Action The Department of Energy’s (DOE’s) Nuclear Fuel Defense Production Act (DPA) Consortium will be meeting on Thursday morning to “provide updates to the public on the progress of the Consortium and provide commentary on approved Plans of Action”. Trump: “The US is going heavy

UK, France Lead 30-Nation Military Push To Reopen Strait Of Hormuz Submitted by Michael Kern of OilPrice.com, The UK is hosting (yesterday and today) a two-day multinational conference convening military planners from more than 30 countries as Britain and France renew efforts to re-open the Strait of Hormuz. The two-day conference takes place just after U.S.

Curious Timing: Ukraine Declares Druzhba Pipeline Repaired After New Hungarian PM Elected Ukraine announced Tuesday it completed repairs to the damaged Druzhba oil pipeline and stands ready to resume pumping Russian oil to Europe, a step Ukrainian officials expect will unlock a long-delayed EU aid package. The timing is quite interesting and surely not coincidental

Newly Elected Hungarian PM Vows To Arrest Netanyahu If He Enters Country Via The Cradle Hungary’s incoming Prime Minister, Peter Magyar, stated on April earlier this week that his government will arrest Israeli Prime Minister and ‘wanted war criminal’ Benjamin Netanyahu if he visits, as Budapest reconsiders the previous government’s plan to withdraw from the

Oil Conundrum: Record Inventory Draws And Stable Crude Prices Something strange is taking place in oil. Crude prices have been remarkably stable over the last week, with Brent mostly trading in the high 90s on mixed prospects for the resolution of the over 7-week conflict in the Persian Gulf, despite signs to the contrary: the

From Gaza To BRICS: The Revolt Against The Dollar Order Authored by Freddie Ponton via 21stCenturyWire.com, Washington spent decades marketing the dollar as the natural language of world trade, a neutral vessel carrying commerce across borders. In practice, it became the armed currency of an imperial system that bombed states into ruin, sanctioned whole societies,

US Drains Half Its Patriot Arsenal During Iran War, New Military Study Finds The seven-week Iran war, currently on pause due to an extended ceasefire, has raised alarm in Washington over the question of how fast the US has burned through its missile interceptor stockpile. The two-week ceasefire, having just been extended, provided an opportunity

China Tests Directed Energy Beam That Recharges Drones Mid-Flight Authored by Bojan Stojkovski via Interesting Engineering, A Chinese research team has successfully tested a wireless power transfer system that beams energy from the ground to a drone in flight using microwaves.  The setup relies on a mobile emitter that directs energy to an antenna array

US Treasury Secretary Presses Senate To Pass Crypto Market Structure Legislation Authored by Micah Zimmerman via BitcoinMagazine.com, Treasury Secretary Scott Bessent told a Senate panel Wednesday that passing comprehensive crypto legislation is essential to securing U.S. financial leadership and protecting the dollar’s status as the world’s reserve currency, using an appearance before the Senate Appropriations Subcommittee on