US Launches 36th Airstrike of the Year in Somalia

Bitcoin & The Clash Of Two Inexorable Realities Authored by Mark Jeftovic via BombThrower.com, Two inexorable realities have come into sharpened focus over the last month or so. Both are themes we have been exploring and monitoring – one, since practically the very beginning of this service, the other, over the last year or so. The first is the unsustainable nature of the global monetary system: we are not unique in calling that out – it’s practically a trope and has been for a long time. The other is the existential necessity to win the new...

AI Bear Case: What Skeptics Get Right And Wrong Authored by Lance Roberts via RealInvestmentAdvice.com, The AI “bear case” isn’t one argument; it’s three. Burry on earnings. Bernstein on circular financing. MIT on revenue. Two are half right. One falls apart on the data. Michael Burry broke a two-year silence on November 11 to accuse the world’s largest technology companies of cooking their books, calling it one of the more common frauds of the modern era. That got attention, and it should. When the man who shorted the housing bubble says AI...

Oil Rises After Iran Reiterates Nuclear Enrichment Red Line: "No Uranium Has Left The Country" Summary Iran national security commission 'red line': No uranium has left the country; The right to enrich uranium, the complete lifting of sanctions, and the release of the country's assets are non-negotiable red lines. Sentiment in early morning trade was lifted after Al Arabiya reported that "the coming hours will witness a breakthrough for the situation of the ships stuck in the strait". Pakistani sources said Trump has demanded Iran's "immediate response" to Washington's peace proposal. White House on Wednesday...