CENTCOM: US Military’s First Kamikaze Drone Unit Is Ready for Potential Attacks on Iran

Is Europe Sliding Towards Stagflation? Authored by Daniel Lacalle, Europe is not yet in recession, but the latest business and consumer surveys show that the risk is no longer remote. The euro area’s flash composite PMI fell to 48.6 in April from 50.7 in March, moving below the 50 threshold that separates expansion from contraction and signalling a quarterly GDP decline of around 0.1 per cent after a 0.2 per cent gain in the first quarter, according to S&P Global Market Intelligence. At the same time, the European Commission’s flash consumer-confidence indicator dropped to -20.6 in the...

Political Polarization Particularly Strong In The US The share of people who consider themselves on the far left or far right of the political spectrum is particularly high in the United States, according to a survey by Statista Consumer Insights. As Statista's Tristan Gaudiat details below, among U.S. respondents surveyed between January and December 2025, 12 percent placed themselves on the far left (0 on a 10-point scale) and 20 percent on the far right (10 out of 10). You will find more infographics at Statista By comparison, only 7 percent of Germans place themselves at...

The US Economy In A Nutshell: Privatize The Gains, Socialize The Costs Authored by Charles Hugh Smith via OfTwoMinds blog, Correspondent Simons Chase insightfully summarized this dynamic: Privatize the Gains, Socialize the Costs. In my post Five Dynamics That Make Sense of an Increasingly Chaotic World, #3 is the distribution of risk, costs and consequences to a diffused populace while concentrating the gains into the pockets of insiders/owners: Those seeking to reduce their private risks and increase their private gains seek to concentrate the gains generated by control structures and distribute the risks and costs to...