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Trump Says US Is Cutting All Trade With Spain After Madrid Denied US Access to Bases for Iran War
President Donald Trump blasted the UK and Spain for not assisting the US and Israel’s war against Iran. Trump said he ordered the Treasury to cut all dealings with Madrid. “Some of the European nations have been helpful, and some haven’t, and I’m very surprised,” Trump said during a press conference with German Chancellor Friedrich […]
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Apr 11, 2026 / Tyler Durden
Texas To Face $700 Million In Federal Penalties For SNAP Errors Through 2027
Texas To Face $700 Million In Federal Penalties For SNAP Errors Through 2027
Authored by Sylvia Xu via The Epoch Times,
Texas is expected to pay $708 million more by 2027 to the federal government in penalties for erroneous distributions from the Supplemental Nutrition Assistance Program (SNAP).
The state officials released the cost in a presentation to the Senate Committee on Health and Human Services on April 8.
The state payment error rate was estimated to be nearly 9 percent in fiscal year 2025, totaling $627 million in erroneous payments.
Under the One Big...
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Apr 2, 2026 / Tyler Durden
Ayatollah Breaks Silence, In Written Message Praises Hezbollah & Shia Leaders Of Iraq
Ayatollah Breaks Silence, In Written Message Praises Hezbollah & Shia Leaders Of Iraq
The new, younger Ayatollah Khamenei - who may have been wounded in the early days of US-Israeli strikes, hasn't been seen in any public way, not even on TV, throughout the war. There have not so much as been any official recent images of him circulated.
But Mojtaba Khamenei has apparently been issuing some limited written statements, mainly encouraging foreign proxies in their joining the war against US and Israeli forces in the region. State media has indicated he's not...
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May 30, 2026 / Tyler Durden
What To Own Before A Bond Market Crisis
What To Own Before A Bond Market Crisis
Submitted by QTR's Fringe Finance
As I wrote last week, foreign Treasury selling with yields already on the rise has perked up my attention.
For decades, investors have treated U.S. Treasuries as the ultimate safe haven. In nearly every major panic, money rushed into government bonds, not away from them.
But with deficits surging, interest costs climbing, and foreign demand for Treasuries no longer as unquestioned as it once was, some investors have started asking a different question: if the Treasury market itself ever came under severe stress, what assets...
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