Massachusetts Mayor Charged With Using COVID Loan For Election Campaign, Debt Payments Authored by Aldgra Fredly via The Epoch Times, A Massachusetts mayor was arrested on Aug. 14 on allegations that he fraudulently secured more than $1.5 million in COVID-19 small-business loans to fund his election campaign and pay personal taxes and mortgages. Lawrence Mayor Brian DePeña, 61, was charged with one count of wire fraud and one […]

Iran Shifts From Defensive To ‘Fully Offensive’ Posture, Denies Trump-IRGC Backchannel, Seizes UAE Ship Summary Iran goes “fully offensive”: Tehran threatens escalation if diplomacy fails, after last week’s military command reshuffle. MoU expires: Iran says the US-Iran agreement is effectively dead & “irrelevant”.  Trump threatens Oman: Trump warns “we’ll bomb the s**t out of them.” Backchannel denied: Tehran rejects […]

“July Was A Bad Month”: Jane Street Lost $15 Billion In First Down Month In A Decade Back in February, just around the time gold and silver had peaked at prices that seemed impossible just a year earlier… … we warned readers that with Jane Street emerging as the biggest holder of SLV with almost 21 million shares, it was time to get the hell out of the precious metal as this HFT shop, best known for spawning SBF, the 10am […]

Americans Are Falling Into The Socialist Trap By Blaming Capitalism For Damages Of Statism Authored by Daniel Lacalle, Americans are falling into the socialism trap by not realizing that solving big government problems with an even bigger one is dangerous. Many blame capitalism for their affordability problems, when the true cause is statism. Statism is the gradual replacement of civil society, markets, savings, and individual […]

Swalwell Admitted To Fang-Banging ‘Rusty Thumbs’ Amid FBI Investigation Into Illegal Donations: Docs The FBI spent months trying to turn a suspected Chinese intelligence operative into a confidential informant, then shut the effort down and opened a criminal investigation into the California congressman she had been sleeping with. FBI files declassified by President Donald Trump and released by the White House Government […]

Trump Hails Mecca Defense Pact As ‘Big, Bold, Important First Step’ Since the signing of a defense pact earlier this month by Saudi Arabia, Turkey, and Pakistan – which is being touted as having NATO level protections akin to an Article 5 style ‘attack on one is an attack on all’ – there’s been much speculation on whether Washington would embrace or reject it. After all, it seems to put greater distance between Saudi Arabia and […]

For The American Left, Nothing Succeeds As Much As Failure Authored by Jonathan Turley, Below is my column in The Hill on the familiar bust-and-boom cycle of socialism, where failure is used to call for even more radical changes. While House Minority Leader Hakeem Jeffries this week reaffirmed that Democratic Socialists are part of the Democratic Party, radical figures are demonstrating how extreme this agenda is for some. For […]

Kushner Holds Talks With Netanyahu On Gaza Peace Plan Authored by Tom Ozimek via The Epoch Times, U.S. special envoy Jared Kushner was meeting with Israeli Prime Minister Benjamin Netanyahu on Aug. 17 as Washington sought Israel’s support for a 15-point roadmap aimed at advancing President Donald Trump’s peace plan for Gaza. Monday’s discussions were expected to focus on dismantling Hamas’s military capabilities, […]

Key Events This Week: FOMC Minutes, PMIs, Industrial Data; WalMart And Home Depot Earnings While global equity indices are at or close to all-time highs, DB’s Peter Sidorov writes that we’re seeing more challenging August crosswinds playing out in bond markets. Expectations for an imminent Fed rate hike have been pulled back, but this has been accompanied by a significant US curve steepening, with the backdrop of higher oil […]

AI Pledge Allegiance To The Flag By Bas van Geffen, senior macro strategist at Rabobank As Bloomberg recounts that “the ceasefire is set to expire today,” there is little left of that truce to begin with. Negotiations have broken down. And over the weekend, Israel conducted new strikes in Lebanon, a bulk carrier that tried to leave the Strait of Hormuz was hit by a projectile, and Yemen’s port suspended operations after […]

China Economic Growth ‘Downside Risk’ Looms; Goldman Warns After July Macro-Miss-Fest China’s July activity data weakened from June, missing market expectations across the board, and signaling a soft start to Q3 amid continued divergence between resilient exports and subdued domestic demand. Originally slated for publication late last night (US time), the data release was delayed for five hours after the statistics agency revised […]

“US Can’t Bomb Its Way To Victory”: Scotiabank Maps Bessent’s Coming Economic Hammer On Iran Brent crude futures ended last week near $88.50 a barrel as traders awaited details of Treasury Secretary Scott Bessent’s planned escalation campaign of the economic war against Iran. Bessent said Friday that Washington would announce unprecedented economic-isolation measures next week, warning that the coming pressure campaign would be […]

Futures Rise On Fresh Push Higher In Tech Futures are higher again, just a few basis points away from a new all time high, led by Tech as the week starts with Semis / Memory / AI themes bid globally, as small-caps are fractionally in the red. As of 8:00am ET, S&P futures are 0.1% higher, while Nasdaq futures climb 0.5% after strong revenue growth at Anthropic helped boost optimism around artificial intelligence and bolstered […]

Trump Says US To ‘Substantially Reduce’ Military Drills With S.Korea, Cites ‘Very Good Relationship’ With Kim President Trump revealed Sunday he has ordered the Pentagon to scale back joint military exercises with longtime close ally South Korea, surprisingly mentioning his “very good relationship” with North Korean leader Kim Jong Un as a motivating factor in the decision. Trump said in a Truth Social posts that exercises, due to […]

CXMT Becomes China’s Most Valuable Company As UBS Calls Apple Sourcing Report A “Key Catalyst” Shares of ChangXin Memory Technologies (CXMT), China’s top DRAM maker, surged 12% to a record 61.80 yuan on Monday, lifting its market capitalization to 4.13 trillion yuan. The upside is because reports that Apple is considering using CXMT memory chips, alongside continued momentum across chip stocks following last week’s gains in SanDisk […]

GB News Host Forced From Home By Migrant Gang Death Threats Authored by Steve Watson via Modernity News, GB News presenter Patrick Christys was ordered by police to abandon his home in the middle of the night after a credible death threat from the Channel people-smuggling gangs he continues to expose in Calais. The threat-to-life notice from the Metropolitan Police left Christys and his heavily pregnant wife, fellow GB News […]

“Ballpark To Battlefield”: Ondas’ M&A Blitz Builds Drone And Ground Robotics Empire Our mid-June initiation, “How To Profit From the Asymmetric Warfare Boom,” identified the leading public and private companies positioned across the drone and counter-drone space. Our first single-name coverage focused on Unusual Machines on July 23 (read here). The stock has since surged nearly 77% (read here), signaling that Wall Street is […]

Second Ceuta Border Invasion Attempt Underway As Military-Aged Migrants Mass Near Spanish Enclave Summary:  Second Ceuta Border Invasion Attempt By Sub-Saharan Africans Ilegals  Public Health Disaster Unfolds In Ceuta After First Invasion, Weeks Ago Hybrid Warfare Fears Mount As Migrant Flows Weaponized  Italy’s Schengen suspension with Spain will remain until security risks disappear Weaponized Migrant Flows: Spain’s […]

Iran’s Army Chief Offers $30K Reward For Kill Or Capture Of American Troops In the face for more White House threats against Iran, including Scott Bessent’s latest unprecedented ‘economic isolation’ plan for the Islamic Republic, it remains clear that the Iranians aren’t backing down. Instead, they are issuing some heightened threats and bluster of their own. The country’s military in a surprise move announced Sunday that it was […]

Fauci In Hiding As ABC Censorship Bombshell Explodes Authored by Steve Watson via Modernity News, Dr. Anthony Fauci just refused a private transcribed interview with Sen. Ron Johnson’s subcommittee. The same week, a former ABC News correspondent revealed that the network gutted a 2021 Wuhan lab leak investigation after the script was sent to Fauci for review. The pattern is unmistakable. Stonewall. Censor. Invoke privilege. […]

British Medical Journal Retracts Paper Linking COVID Shots To Millions Of Excess Deaths Authored by Steve Watson via Modernity News, A peer-reviewed study documenting millions of excess deaths across the West after the rollout of COVID measures and shots has been yanked by the British Medical Journal – not for bad data, but for the crime of asking inconvenient questions. The BMJ Public Health journal has formally retracted a […]

U.S. Drafts Ultimatum for Allies Joining China’s AI Bloc The United States is preparing to tell 35 countries they cannot belong to both the American and Chinese artificial intelligence coalitions, and that joining Beijing’s framework will cost them their place in Washington’s, according to an undated State Department draft letter reviewed by Reuters and a U.S. official who spoke on condition of anonymity. The letter is addressed […]

Qatar Denies Holding Iranian Pilots As Tehran Demands Answers Over Missing Airmen Via The Cradle Qatar has denied that it is holding three Iranian pilots who Iran says were captured alive after their fighter jets crashed during the US-Israeli war on the Islamic Republic. On Saturday, Mohammad Bagherzadeh, head of the Missing Persons Search Committee of Iran’s Armed Forces General Staff, stated that “Three Iranian pilots were […]

Israel Threatens Return Of Lebanon War After Unleashing Deadliest Airstrikes Since Ceasefire Despite a June ceasefire technically being in effect, new weekend Israeli attacks on southern Lebanon mark the deadliest escalation since fighting largely came to a halt earlier this year. The Saturday attack saw eleven Lebanese killed – among them three children – and 19 injured after Israeli warplanes bombed several areas. It’s by far the […]

English Villages In Fear Over 1,200 Male Migrants Moved Next To Schools Authored by Steve Watson via Modernity News, England’s most peaceful villages are once again being turned into the front line of the migrant crisis. Up to 1,200 single adult male asylum seekers are earmarked for former military sites sitting within a mile of primary schools, nurseries and children’s play areas, in direct tension with the Home Office’s own […]