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Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ

Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ The yen was already sliding on Monday after Nikkei Asia reported that the sharp swing we saw in USDJPY in January was initiated by FX intervention from US Treasury Secretary Bessent not Tokyo, even if Washington, D.C. is open to coordinated forex moves if requested by Japan. FX traders took this as evidence that, contrary to previous conventional wisdom, Japanese authorities were prepared to allow the USDJPY to continue climbing on Jan. 23 and it was only...
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Aug 20, 2026 / Tyler Durden
US Government Warns: Hackers Attacking Vulnerable Water Systems With AI Help
US Government Warns: Hackers Attacking Vulnerable Water Systems With AI Help Authored by Jack Phillips via The Epoch Times, Several U.S. government agencies have said that cyber actors are attempting to hack into devices made by industrial systems company Siemens that are used to monitor water and other critical infrastructure systems. In an advisory published on Wednesday, the FBI, National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), and other U.S. agencies informed “owners and operators of industrial control systems” that there is an “active cyber threat to Siemens S7 Series...
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Jun 10, 2026 / Dave DeCamp
Hegseth Issues Threat To Cuba While Visiting Troops at Guantanamo Bay
US Secretary of War Pete Hegseth visited US troops at the US base in Guantanamo Bay, Cuba, on Wednesday and issued a threat to the Cuban government. Hegseth said that it would be “unwise” for the Cuban government to acquire weapons that could reach the US, saying that it would “be inviting the kind of […]
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May 11, 2026 / Tyler Durden
What Decades Of Academic Literature, Military Doctrine Says About Effectiveness Of 'Decapitation Strikes'
What Decades Of Academic Literature, Military Doctrine Says About Effectiveness Of 'Decapitation Strikes' Authored by José Niño via The Libertarian Institute The United States has long operated under a seductive strategic fantasy. Remove the leader of an adversary organization, whether a drug cartel, a terrorist group, or a sovereign state, and that organization will collapse, enabling American interests to fill the resulting vacuum. However, decades of academic literature, hard empirical data from Mexico’s drug war, and the lived consequences of America’s post 9/11 targeted killing campaigns all tell a damning story many...
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