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Witkoff Says Trump Is ‘Curious’ Why Iran Hasn’t ‘Capitulated’

US envoy Steve Witkoff said in an interview with Fox News that aired on Sunday that President Trump was “curious” that Iran hasn’t “capitulated” to US demands due to the major US military buildup in the Middle East and threats of war. “I don’t want to use the word frustrated because [Trump] understands he has […]
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Jul 20, 2026 / Tyler Durden
The Next Phase Of Shrinkflation: Rolling Blackouts
The Next Phase Of Shrinkflation: Rolling Blackouts Via SchiffSovereign, The lights went on at approximately 3pm on September 4, 1882 in New York City. Thomas Edison (with major funding from JP Morgan) had spent roughly two years building the first-ever commercial power plant, located in Manhattan’s financial district. Its total capacity was about 600 kilowatts… barely enough to power a single rack of GPUs today. But at the time it was nothing short of miraculous. Edison’s coal-fired DC power plant initially served just 82 customers, and electricity was nothing more than a luxury flex by the...
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Aug 10, 2026 / Ron Paul
Unhappy Anniversary
This month marks 55 years since President Richard Nixon closed the “gold window,” severing the last link between the US dollar and gold. Under the 1944 Bretton Woods agreement, foreign countries pegged their currencies to the US dollar, which was then pegged to a fixed value of gold. Foreign countries could exchange their dollars for […]
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Jun 7, 2026 / Tyler Durden
Buildings Collapse After 7.8 Magnitude Earthquake Strikes Philippines; Tsunami Warnings Issued
Buildings Collapse After 7.8 Magnitude Earthquake Strikes Philippines; Tsunami Warnings Issued A powerful 7.8-magnitude earthquake struck off the coast of Sarangani province in Mindanao early Monday morning, triggering tsunami warnings and causing reported building collapses in the General Santos area. The quake hit at approximately 7:37 a.m. local time, with its epicenter located roughly 26 kilometers southwest of Kablalan in Sarangani Province. The U.S. Geological Survey recorded the event at magnitude 7.8, while the Philippine Institute of Volcanology and Seismology (Phivolcs) initially reported a preliminary magnitude of 7.0. Tsunami Warning Issued Phivolcs immediately...
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