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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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Jun 15, 2026 / Thiago V. S. Coelho
Moloch in the Regulatory State
Regulatory systems are infamous for creating “traps” in seem to be impervious to reform. Regulators seek to “drain the swamp,” but, instead, find themselves up to their necks in alligators.
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Jun 20, 2026 / Jason Ditz
‘Ceasefire’ Fails to Slow Israeli Onslaught Against Lebanon
Friday morning’s attacks by Israel on Lebanon killed so many people they ended up postponing the US-Iran peace deal signing in Geneva, and the US and Qatar scrambled to announce Israel had agreed to yet another “ceasefire” with Hezbollah. The problem underpinning this was that Israel had already agreed to multiple ceasefires, and there was […]
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May 26, 2026 / Tyler Durden
Japan's Auto Giants Are Losing The EV Race To China
Japan's Auto Giants Are Losing The EV Race To China
Japan’s car industry is being forced into a major reset as Chinese automakers rapidly outpace traditional rivals in electric vehicles, software, and manufacturing speed, according to Nikkei.
The shift is especially visible at Honda Motor. In 2021, CEO Toshihiro Mibe pledged that EVs and fuel-cell vehicles would account for all new Honda sales by 2040. Last week, however, he admitted the plan was “not realistic under the current circumstances,” formally backing away from the target.
Nikkei writes that Honda’s retreat marks a sharp...
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