Pentagon Tells Congress It Won’t Be Able To Intercept All Iranian Shahed Drones

Russia Planning Provocation Against Poland To Test NATO Resolve, US Reportedly Warned The Telegraph along with various Eastern European media outlets, including Polish national sources, are reporting that United States passed Warsaw a warning based on intelligence that Moscow is considering an armed provocation against Poland to "test NATO's resolve". Provocation scenarios are said to potentially include drone attacks on critical infrastructure such as power plants, or else testing airspace by simulating a large-scale air attack to try and force Poland to prematurely activate its air defenses. An official within President Karol...

World's Largest Sovereign Wealth Fund Cuts Treasury Holdings... But It's Not What You Think The headlines are running rampant this morning as the world's largest (and most transparent) sovereign wealth fund - Norway's Government Pension Fund - has proposed reducing the amount of government bonds in its $2.3 trillion portfolio to boost holdings of riskier debt, with US Treasuries the most affected. Norges Bank Investment Management (NBIM), which manages the fund, said in a letter sent to the Ministry of Finance on Tuesday and published on its website, that government debt should...