The Silicon Valley Bank collapse wasn’t unique, it was just first

US Offers $10 Million For Capture Of Sinaloa Cartel Boss Brothers Following the Mexican Army Special Forces' decapitation strike against the Jalisco New Generation Cartel (CJNG) by killing Nemesio "El Mencho" Oseguera Cervantes - and, as we now know, with U.S. intelligence aiding the operation - the ongoing dismantling of the Mexican cartel command and control networks appears to be moving full steam ahead. On Thursday, the State Department issued a release stating that the U.S. government would offer $10 million for the capture of two alleged Sinaloa Cartel bosses in...

US Core Manufacturing Orders Up For 3rd Straight Month In January After tumbling to end 2025, US Factory Orders were expected to rise very modestly in January and did so - up 0.1% MoM (as expected) with December's 0.7% decline revised up to a 0.4% decline... Source: Bloomberg Core Factory orders (es Transports) rose 0.4% MoM - slightly better than expected - and December's 0.4% MoM shift was revised up to a 0.6% MoM rise. This led core manufacturing orders to rise 1.39% YoY - the highest since July... Source: Bloomberg All the final...

Philippines Declares State Of Emergency As Energy Crisis Looms As we outlined in our recent analysis on Australia's dangerous vulnerability to disruptions in the Strait of Hormuz, most of Asia is heavily exposed and faces an unprecedented energy crisis should the war in Iran continue to prevent safe passage of oil and natural gas from the Gulf.  As Australia debates the potential for a national emergency, the Philippines has already declared one. This week, Philippine President Ferdinand Marcos Jr. signed Executive Order No. 110, declaring a state of national emergency as...