Russia Condemns US Attack On Iran, Warns Of Possible 'Radiological Catastrophe'

'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.  Bloomberg reports that a top South Korean policymaker said the nation should pay citizens a 'dividend' using taxes on AI profits, with the obvious read through to Samsung and SK Hynix.  The comments in a Facebook post by presidential policy chief Kim Yong-beom fueled sharp swings in Korean stocks on Tuesday as investors struggled to parse the scope of the proposals. “Excess profits in the AI era...

UAE Retracts Warning About "Potential Missle Threat" Update: it appears the earlier warning by the UAE was a false alarm: UAE SENDS ALERT SAYING 'PLEASE DISREGARD THE PREVIOUS WARNING' UAE ASKS PEOPLE TO IGNORE PREVIOUS WARNING * * *  Earlier Is the ceasefire over (again)? Moments ago stocks hit session lows and oil jumped from post-war lows after the UAE issued a phone alert warning of potential missile strikes. Iran's Tasnim promptly followed up, saying that according to news sources, there were explosions heard in Dubai. And while the initial report sent futures to session lows... ... , and oil...

Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit a nation.