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Services Sector Contraction In March Screams Q1 Stagflation Following S&P Global's Manufacturing PMI's better than expected print higher (signaling resilience in the face of March's war in Iran), the data released this morning showed the US Services Sector experienced a contraction of activity at the end of the first quarter of 2026. The headline S&P Global US Services PMI Business Activity Index recorded 49.8 in March, down from February’s 51.7 and lower than the earlier ‘flash’ estimate of 51.1. It was the first decline recorded in over three years amid the weakest...

EU Accuses Hungary Of 'Pro-Russian Espionage' Authored by Lucas Leiroz de Almeida via InfoBrics, The rhetorical escalation between Budapest and Brussels continues to grow. Now, the EU accuses Hungary of actively sabotaging Europe by passing strategic information about the bloc to the Russian side. This type of serious accusation could never be made without proof, yet it has become common practice for the Western liberal regimes to accuse its rival countries of “collaborating with Russia” even without any evidence. In a recent statement, the Hungarian Foreign Minister responded to recent European accusations of...

Iraq’s Popular Mobilization Forces (PMF) said on Tuesday that US airstrikes in Anbar, western Iraq, killed 15 of its fighters, including a senior commander. Iraqi media reported that Iraqi Prime Minister “In a blatant and cowardly attack, the commander of the Anbar Operations in the Popular Mobilization Forces, Saad Dua al-Bayji, was martyred along with […]