The $300,000 Question Nobody in Washington Can Answer

The Question This Week Is "Does Trump Go Back To The Well On Bombing Iran?" By Benjamin Picton, Senior Market Strategist at Rabobank Hormuz diary, day 79. The strait remains functionally closed and global crude and refined product stocks are rapidly drawing down. President Trump has returned from Beijing after much bonhomie with no concrete commitments from China to help get shipping moving again, though the American side has claimed that China wants the strait to re-open with no tolls imposed and has committed to buy at least $17bn of US...

Twin Car Bombs Rock Colombian City Days Before Trump-Backed "El Tigre" Takes Power Details remain limited, but initial reports and footage on X suggest that one or more vehicle-borne improvised explosive devices (VBIEDs), commonly known as car or truck bombs, detonated near a police station in Cúcuta, Colombia, close to the Venezuelan border. The apparent VBIED attack occurred just six days before President-elect Abelardo de la Espriella's inauguration, which will transfer power from Gustavo Petro's socialist regime to a right-wing administration expected to align closely with the Trump administration. Footage: Desde otros puntos...

Alibaba Unveils China's Most Powerful AI Chip In $53 Billion Gambit Alibaba Group has unveiled the Zhenwu V900, an AI accelerator it calls China's most powerful, marking a major escalation in its effort to challenge Nvidia and build a vertically integrated artificial-intelligence stack stretching from chips and networking to models and hyperscale data centers. Alibaba booth at the 3rd China International Supply Chain Expo at the China International Exhibition Center in Beijing, Friday, July 18, 2025 (Mahesh Kumar / AP)Unveiled by CEO Eddie Wu at Alibaba's Apsara Conference, the new processor...