US Demanding Iran Shut Down 3 Nuclear Sites, Offering Minimal Sanctions Relief

Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming Recent trading competitions suggest large language models are still unreliable portfolio managers, according to Bloomberg. Tests involving models from OpenAI, Anthropic, Google, and xAI have often delivered underwhelming results: many lost money, traded excessively, and made erratic decisions despite receiving identical prompts. In several cases, models appeared unable to stick to coherent strategies for more than a few trading sessions. Bloomberg writes that one of the clearest examples came from Alpha Arena, a competition created by startup Nof1. Eight models were...

Tracking The Last UK-Bound Jet Fuel Tanker As Shortages Near We outlined the early signs of global demand destruction and worsening energy chaos in a note earlier on Monday, mapping the regional dominoes and the order in which they are likely to fall. Turning to the UK, the last known jet fuel shipment from the Middle East is due to arrive later this week, a major warning that aviation disruptions could soon materialize. The Financial Times reports that the Libyan-flagged Maetiga vessel, loaded with jet fuel from Saudi Arabia, is set...

Albanian PM Pooh-Poohs 'Pink Flamingo' Protesters Opposing Jared Kushner Resorts After weeks of daily protests, Albanian Prime Minister Edi Rama is digging in to defend two luxury resort projects backed by Jared Kushner's investment company that have resulted in thousands of people protesting in the streets of the capital Tirana and on the southern coast, where one of the resorts is slated to be built.  Protesters opposed to two planned resorts in ecologically sensitive areas, in Tirana, on June 12.Photographer: Atdhe Mulla/Bloomberg The opposition has dubbed itself the "Flamingo Revolution" due to the impact on a...