A 'War Of The Oil Refineries' Opens As Israel Bombs Key Tehran Sites, After Which Haifa Refinery Targeted

Visualizing America's Slide In 'Happiness Rankings' Since 2011 The United States has steadily slipped in the global happiness rankings over the past decade. While it still ranks among the top 25 in the latest World Happiness Report, the U.S. is no longer close to the leading group of Nordic countries that consistently dominate the top spots. This visualization, via Visual Capitalist's Niccolo Conte, tracks the U.S. happiness ranking from 2011 to 2025, based on data from the World Happiness Report 2026. Each annual ranking is based on a three-year average of life evaluation survey responses...

Behind Turkey's Gold Sales: The Biggest Ever Plunge In Foreign Reserves Shortly after the Iran war started, with gold unexpectedly tumbling, we showed that the reason behind gold's paradoxical move - after all, the precious metal has traditionally been a store of value in times of geopolitical stress - was the furious liquidation of gold by emerging markets, in this case Turkey, scrambling to obtain reserve dry powder so Ankara could cover soaring costs of energy imports. And indeed, the latest central bank data showed that Turkey’s foreign reserves had their biggest...

Trader Makes $23 Million In One Day With Massive S&P Call Purchase Hours Before Ceasefire A trader who made a large bet on a stocks rocketing in the coming weeks is up about $23 million in paper profit today, according to Bloomberg. The unknown trader spent $12 million premium on 6800 lots of 6950 S&P 500 Index Options (SPX) calls for May 8 expiry, when the index was at 6556.21; the trade was executed around 10:20 a.m. Eastern on Tuesday, just hours before Trump's announcement of a 2-week ceasefire which sent...