Largest POW Swap Of Ukraine War Unfolds – 2K Total In Coming Days Last week’s Istanbul peace talks between Russia and Ukraine did not lead to much in terms of achieving ceasefire or peace as there were no breakthroughs whatsoever. However, it did give the two sides a chance to increase their swaps of POWs, and this is where Istanbul bore fruit. The delegations agreed to a swap of 1,000 captives from each side, totaling 2,000 – […]

Capitalism Fuels “Racism,” Is “Difficult To Survive”: Iowa State U. Lecture By Hanna Bechtel of The College Fix Capitalism is an “oppressive system” that is “incredibly difficult to survive,” a financial coach said during a recent lecture at Iowa State University. The “Anti-Capitalism Personal Finance Lecture” featured Leo Aquino, a “non-binary Filipinx writer, journalist, and financial coach” known for “their […]

Highlights From Scott Bessent’s Fox And Bloomberg Interviews During several lengthy interviews this morning on Fox News and Bloomberg TV, Treasury Secretary Scott Bessent said there could be “several large” trade deals announced in the next couple of weeks, adding that he expects Trump administration officials will meet with their Chinese counterparts again in-person to negotiate those tariffs. He also said he expects the US […]

Wedbush Boosts Tesla Price Target To Street-High $500 Ahead Of “Golden Age Of Autonomy” Daniel Ives of Wedbush Securities raised his 12-month price target on Tesla to a Street-high $500 from $350 on Friday morning, citing the near-term launch of Tesla’s autonomous ride-hailing Cybercabs as a major catalyst to spark the “golden age of autonomy.”  “We believe the golden age of autonomous is now on the doorstep for Tesla with […]

Judge Grants Harvard Temporary Relief On Foreign Student Ban Update (1200ET): Hours later, a judge has granted Harvard’s request for a temporary restraining order on the Trump administration’s foreign student ban.  US District Judge Allison Burroughs, an Obama appointee, issued the temporary restraining order freezing the policy. US District Judge Allison Burroughs You will never guess which judge was assigned “purely by chance” […]

Why Tether Refuses To Comply With MiCA Authored by Bradley Peak via CoinTelegraph.com, Is Tether MiCA compliant? The EU’s new Markets in Crypto-Assets regulation, better known as MiCA, is the first major attempt by a global economic power to create clear, region-wide rules for the crypto space, and stablecoins are a big focus. MiCA mandates best practices. If a stablecoin is going to be traded in the EU, its issuer has to […]

Iran Tells US “Time To Decide” During 5th Round Of Nuclear Talks In Rome Iranian Foreign Minister Abbas Araghchi and Trump’s Middle East envoy Steve Witkoff are leading a fifth round of nuclear talks which kicked off Friday in Rome, through Omani mediators. FM Araghchi said on X just ahead of the talks starting that it is “time to decide” – in post late Thursday. “Zero nuclear weapons = we DO have a deal. Zero enrichment = […]

Woman Who Spat On Former US Attorney Charged With Assault Authored by Stacy Robinson via The Epoch Times, The U.S. Attorney’s Office announced on May 22 that it had arrested a woman for assaulting then-interim U.S. Attorney Ed Martin. Emily Gabriella Sommer, 32, allegedly spat on Martin while he was conducting a television interview. The incident was caught on camera.  According to a statement from the District U.S. […]

China’s Two-Decade Global Steel Expansion “Has Now Ended” In Goldman’s latest global steel outlook, analysts Aurelia Waltham, Eoin Dinsmore, and others highlight a key inflection point: China’s share of global steel production has declined for the first time in over two decades, reversing a multi-decade expansion period.  “After more than two decades of China increasing its share of global steel production, we believe this […]

The Anchoring Problem And How To Solve It Authored by Lance Roberts via RealInvestmentAdvice.com, Market perspective is essential in avoiding investing mistakes. With the media constantly pushing a “Markets In Turmoil” narrative, it’s no wonder that investor sentiment recently reached some of the lowest levels since the financial crisis. The following chart is the z-score of the retail and professional investor sentiment […]

US New Home Sales Surged In April Despite Slump In Homebuilder Confidence Despite the plunge in homebuilder confidence, US New Home Sales soared in April to 743k SAAR… The 10.9% MoM surge in sales in April (versus a 4.0% MoM expected decline) was bolstered by a big downward revision in March from +7.4% MoM to just +2.6%… This is the biggest beat since August 2022… and the second big downward revision in a row… […]

“We’re In The 3rd Inning Of The Global Currency Death Spiral” – Rubino Sees Gold Topping $10,000 Via Greg Hunter’s USAWatchdog.com, Analyst and financial writer John Rubino has a new warning concerning Trump’s “Big Beautiful Bill” making its way through Congress and Moody’s downgrade of US debt.  The Big Beautiful Bill is going to explode the debt by $20 trillion in the next 10 years, and the credit downgrade has […]

Futures Plunge After Trump Threatens 25% Tariff On Apple, 50% On Europe; Bonds & Bullion Bid It was set to be a relatively quiet day, with stock futures unchanged, yields modestly lower, bitcoin just shy of record highs… and then Trump woke up.  First, in a post on his Truth Social just after 7:20am ET, the clearly angry president said that unless iPhone that are sold in the US are not also built in the US, then a “Tariff of […]

UK Welcomes South African Activist Who Chants About Killing White Farmers Authored by C.J.Strachan via DailySceptic.org, The British Government recently barred French writer Renaud Camus from entering the UK.  His crime?  Not actual incitement, not violence, not lawbreaking, but a controversial idea. Camus, originator of the ‘Great Replacement’ theory, was scheduled to speak at a Big Remigration Conference organised by the […]

Ukraine Seeks To Cripple Moscow’s Airports, Make Russians ‘Pay’, With Drone Swarms A third consecutive night of air attacks across Russia and Crimea saw the Russian military intercept more than 100 drones sent from Ukraine, Russia’s Defense Ministry said early Friday. The ministry cited that inbound drone action was seen in the skies of Kursk, Oryol, Tula, Bryansk, Ryazan, Belgorod, Ivanovo, Vladimir, Voronezh and Lipetsk. […]

Iraq Seals Major Oil Deal With Chinese Company By Irina Slav of OilPrice.com Iraq’s government has signed a deal with Chinese Geo-Jade Petroleum to expand production at the Tuba oil field, build a refinery and two power plants. Per an AFP report, the deal will also involve the construction of a petrochemicals facility and a fertilizer plant. The refinery that Geo-Jade Petroleum will build will have a capacity of 200,000 […]

Fenix International Reportedly Exploring $8 Billion Sale Of OnlyFans OnlyFans’ parent company, Fenix International Ltd., is in talks to sell the porn-driven platform, built for creators, to a U.S.-based investor group at a potential valuation of around $8 billion, according to Reuters, citing three sources familiar with the matter. The sources said the group is led by Forest Road Company, a Los Angeles-based investment firm. They […]

CATL Received More Chinese Subsidies In 6 Months Than BYD, Great Wall And SAIC Did All Year China’s top EV battery maker CATL did not disclose how much it received in state subsidies in its latest full-year report—just before raising $5.3 billion in a secondary share listing in Hong Kong this week. Previously, CATL had reported this data in line with mainland Chinese disclosure rules. Listed in Shenzhen since 2018, the company […]

Jake Tapper’s Castrated Attempt At A Mea Culpa Submitted by QTR’s Fringe Finance I’ll say right off the bat that I’m biased. I’ve developed a growing fondness for Megyn Kelly over the past few years—partly because the way she breaks things down on her podcast often tracks almost exactly with how I think (profanity included), and partly because when I randomly met her a couple of years ago in Atlantic City, she was warm, […]

Putin Orders Army To Establish Big Border Buffer Zone Inside Ukraine Russian President Vladimir Putin is revisiting a strategy first proclaimed last year, but which appeared to be thwarted or put on hold by Ukraine’s Kursk invasion. But now with Kursk liberated from the over six-month Ukrainian troop occupation, Putin is talking a ‘buffer zone’ along the southern border once again. Russian troops are seeking to carve out a large […]

“Never Heard Of Him”: Notable Columbia Prof Says He Isn’t Sure Obama Attended Columbia University By Oliver Darcy of Campus Reform In a recent interview, a well-known professor who taught at Columbia University for 46 years questioned whether or not President Obama actually attended the Ivy League school. Prominent Columbia professor Henry Graff says he isn’t sure President Obama ever attended the Ivy League school. “I […]

Ideological Capture At Professional Societies Via Open The Books, Disassembling and “deleting” federal agencies is proving to be a difficult task for the Trump administration, which has been working to slash bureaucratic red tape and federal spending, especially for left-wing radicalism like Diversity, Equity, and Inclusion (DEI). Unlike some of the intermediate steps President Trump has taken through Executive Order, truly […]

US Withdrawal: ECB Warns Of Dollar Shortage Submitted by Thomas Kolbe ECB Warns of Dollar Shortage The rift between the European Union and the United States is deepening. Washington’s withdrawal from the Ukraine conflict is becoming increasingly apparent—while Brussels continues to confront. Financial markets are already moving in different directions. Now the ECB has warned of an impending dollar shortage. Trade wars are not […]

BBC Reporter Shows How To Spread Extreme Climate Alarm Authored by Chris Morrison via The Daily Sceptic, A gleeful, self-satisfied Mr Punch was often heard to remark: “That’s the way to do it.” Today we examine how Mark Poynting, one of the BBC’s top doom-mongering Net Zero activists, uses the trusted ‘scientists say’ message to turn a centennial sea level rise of around 30 cm into prose stating: “The world could see […]

Jihadists Launch Deadly Attack On Russian Airbase On Syria’s Coast In another clear indicator of just how drastically everything has changed in Syria in the wake of Bashar al-Assad’s ouster in December last year, a militant group attempted to storm Russia’s Hmeimim air base on Syria’s coast on Wednesday. Already the future of the base is uncertain, but Russia has still been maintaining it – given also Hmeimim is Moscow’s only […]