Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns An artificial-intelligence bust (and thus bubble), inflation and fiscal stress are the three the most alarming threats to global prosperity at present, the Bank for International Settlements warned. In its annual report published on Sunday, the Basel-based institution – better known as the central banks’ central bank – cited […]

250 Years Ago: South Carolina Defeats The British Empire Authored by Alan Wakim via The Epoch Times, On the morning of June 28, 1776, Thomas Jefferson and the Committee of Five presented a draft of the Declaration of Independence to John Hancock, president of the Second Continental Congress. Although immortalized by John Trumbull’s famous painting, the historic moment unfolded with quiet parliamentary precision and strict […]

Boots On The Ground? US Military Begins Humanitarian Operation In Quake-Ravaged Venezuela At least 1,400 people were killed and 3,360 injured after two powerful earthquakes struck Venezuela on Wednesday evening, officials said. Google ha revelado hoy los detalles sobre cómo funcionó su sistema de alertas de sismos durante los terremotos dobletes del día 24 de junio de 2026 en Venezuela. La alerta le fue enviada a un total de […]

Speculation Nation Authored by Adam Sharp via DailyReckoning.com, Americans are natural risk takers. This trait goes back to the country’s founding stock. Many of our ancestors decided to leave their homelands and set off to the New World. In search of freedom, land, meat, and prosperity, these pioneers laid the foundation for a bold nation. As a result, Americans have always excelled in the entrepreneurial arts. We aren’t […]

Baghdad’s Green Zone Locked Down As Officials Arrested In Corruption Sweep Beyond Sunday’s Iranian drone and missile attacks targeting Bahrain and Kuwait, launched in response to earlier U.S. airstrikes, Hormuz shipping traffic remains stable but well below last week’s peak, when 57 vessels transited the strait on Wednesday. With maritime flows stable through the critical waterway, attention now shifts to Iraq, where a widening […]

Supreme Court Expected To Rule On Cook, Elections, And Trans Athletes The U.S. Supreme Court is expected to decide in the coming days whether President Donald Trump can remove Federal Reserve Board of Governors member Lisa Cook from her post – an extraordinary step that would mark the first presidential firing of a Fed official since the central bank’s founding in 1913 and directly test the institution’s independence from political […]

“Wants To Be More Political Than His Daddy”: Alex Soros Plows $103 Million Into Unhinged Democrats Ahead Of Midterms The uncomfortable reality for socialist Democrats is that the anti-capitalist and anti-American movement is not an organic uprising from the working class, as they often portray in their propaganda. Socialism on full display: AOC wears “Tax The Rich” dress to the Met Gala ($30k tickets) while masked workers serve […]

AI Demand, War, & Climate Pressure Push World Back To Nuclear Authored by Haley Zaremba via OilPrice.com, The US and Canada each announced plans this week to build ten new nuclear reactors, the biggest coordinated nuclear push in North America in decades. The moves come as the AI boom, the war in Iran, and broader geopolitical instability push energy security to the top of the policy agenda worldwide. China added 34 […]

CDC Raises Ebola Response To Highest Level As Outbreak Grows Authored by Kimberley Hayek via The Epoch Times, The U.S. Centers for Disease Control and Prevention has activated its highest-level emergency response to the growing Ebola outbreak in central Africa caused by the rare Bundibugyo strain, as the agency says that the risk of spread within the United States remains low. The move to Level 1 activation, signifying the most […]

Chinese AI Matches Mythos In Cybersecurity Tasks With Open-Weight Model While Anthropic has been forced to shut down its latest general-use models for over two weeks after it emerged that the company’s de-tuned public-facing Fable 5 model could be ‘jailbroken’ into its unrestricted form (Mythos 5) to perform tasks that pose security risks, a Chinese AI company backed by Alibaba and Tencent has released a model that matches the […]

The Coming Return Of Commodity-Backed Money Authored by Chris MacIntosh via InternationalMan.com, This piece is as much a mental exploration as a fact-gathering exercise. Let’s begin with the problem. Bank failures come together with economic failures. So trusting banks is a problem, but furthermore, trusting fiat currency is also a problem. This is on top of the issue that moving capital from one bank to another is […]

The Path To A September Rate Cut (Despite AI Inflation) By Peter Tchir of Academy Securities The Path to a September Rate Cut (despite AI inflation) A lot has changed in the past 24 hours. After Thursday’s CNBC interview, it seemed obvious (to me) that I needed to write about how there is a real path to a Fed Rate Cut in September. Not only has the market priced in a 75% chance of a hike in September, and 1.25 hikes by the […]

Next Switzerland Talks ‘Stalled’ After Past Days’ Flare-Up In US-Iran Fighting (Update1500ET): An expected next round of US-Iran talks in Switzerland has been ‘stalled’ by the latest fighting flare up in the Strait of Hormuz, after US forces bombed Iran’s coast a couple times – and following more Iranian ‘retaliation’ on Gulf states, as well as against at least two international vessels in the Strait. WSJ is reporting Sunday: The […]

“Navigation Extremely Limited”: Top Shipper Warns IRGC Mines Complicate Hormuz Normalization The top executive of Japan’s largest shipping company told the Financial Times in an exclusive weekend interview that the path toward normalization in the Strait of Hormuz remains far more complicated than anticipated. He warned that shipping volumes may stay well below prewar levels for months, as IRGC-laid mines are forcing vessels into […]

Are The Epstein Survivors Being Exploited Yet Again? Authored by Nick Bryant, On February 8, 2026, the advocacy group World Without Exploitation launched a 40-second public service announcement during the Super Bowl featuring Jeffrey Epstein survivors demanding the full release of federal files related to Epstein’s sex trafficking network. The Epstein survivors held up pictures of themselves when they were initially abused by […]

Heat Dome Halts German Trains After Track Sealant Liquifies Europe’s heat wave is now quickly morphing from a public health crisis into an infrastructure nightmare, with power prices surging, more than 1,000 excess deaths reported across France, and extreme temperatures bringing parts of Germany’s rail infrastructure to a halt. The local German outlet Leipziger Zeitung reports that after a week of sweltering temperatures above […]

Five Dynamics That Make Sense Of An Increasingly Chaotic World Authored by Charles Hugh Smith via OfTwoMinds blog, These dynamics and the incentives they generate lead to systemic crisis and collapse. As I noted in What Once Explained Everything Now Explains Nothing, the simplicity of either-or ideologies appeal to us. Identifying with an ideology is like having a favorite sports team: yea for our team! Our team good, other […]

Sadiq Khan Said There Were No Grooming Gangs In London; Police Investigating 4,000 Cases Authored by Steve Watson via Modernity News, The London mayor who once insisted there was “no indication” of grooming gangs now faces explosive new scrutiny after a police review uncovered thousands of previously sidelined child sexual exploitation files. The Metropolitan Police has identified more than 4,000 potential child sexual […]

Saudi Aramco Helicopter Crash Kills 14 In Ras Tanura , Cause Unknown One week after a mysterious explosion – attributed to a “technical incident” – at Qatar’s massive Ras Laffan industrial city killed dozens and set back restoration and recovery efforts at the giant LNG production facility by weeks if not months, a helicopter belonging to Saudi ​oil giant Aramco crashed on Sunday ‌in Ras Tanura on Saudi Arabia’s eastern coast on […]

Tehran Retaliates Against Bahrain, Kuwait After US Bombing Campaign Along Iranian Coast Update(2300ET): Earlier the IRGC warned: “If any aggression is repeated, the response will be broader.” That broader response has come in the overnight into Sunday hours: Tehran attacks Bahrain, Kuwait after US bombs Iranian coast, Al Jazeera reports: Air raid sirens blare in Bahrain as Kuwait’s military says its air defenses are […]

Why Are Europeans Leaving Their Own Countries? While immigration often dominates discussions about Europe’s changing population, another migration trend receives far less attention: many countries are also losing their own native-born citizens. This visualization, created by DataPulse using Eurostat data via Visual Capitalist, ranks selected European countries by the net migration of native-born residents in 2024. Only […]

IPO Market For AI Freezes Up While The Nuclear SPAC Market Runs Hot  While it looks like OpenAI’s IPO has been put on ice as they try to paint SpaceX as the scapegoat, there’s still one sector that simply can’t launch the IPOs and SPACs fast enough.  After an announcement earlier this year that saw nuclear industrial company Holtec file privately for an IPO, one of the leading reactor developers X-energy debuted on the public […]

Even Einstein Admitted He Was Wrong… We Apparently Can’t Expect As Much From Al Gore Authored by Gary Abernathy via The Empowerment Alliance, When it comes to scientific theories, even some of history’s most respected and renowned people and institutions have graciously admitted when they were wrong when confronted with irrefutable evidence. It took 359 years, but eventually the Catholic Church conceded in 1992 that the church […]

These Are The Car Brands With The Fewest Problems In 2026 Drivers reported more vehicle problems this year than ever before, but some automakers continue to stand out for reliability. This graphic, created by Visual Capitalist’s Niccolo Conte, ranks the car brands with the fewest reported problems in 2026 based on J.D. Power’s Problems Per 100 Vehicles (PP100) metric. Lower scores indicate fewer owner-reported issues and better […]

UK Parents Face Five-Year Jail Terms For Questioning Their Child’s Gender ‘Transition’ Authored by Steve Watson via Modernity News, While schools have been given the green light to socially transition four-year-olds and exam boards slip pro-trans propaganda into Spanish GCSE materials, the government has published a draft bill that threatens parents, teachers and doctors with up to five years in prison for so-called conversion […]