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"Risk Of Attack Is Too High": US Navy Refuses To Provide Escorts To Ships Transiting Hormuz Strait
"Risk Of Attack Is Too High": US Navy Refuses To Provide Escorts To Ships Transiting Hormuz Strait
One week after Trump announced that the US would cover insurance for ships transiting the Strait of Hormuz, and would provide them with US navy escorts, Reuters reports that the US Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on Iran, saying the risk of attacks is too high for now.
The U.S. Navy has held regular briefings with...
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Apr 30, 2026 / Tyler Durden
Berlin And Hamburg Spend At Least €4 Billion On Housing Asylum Seekers Since 2022
Berlin And Hamburg Spend At Least €4 Billion On Housing Asylum Seekers Since 2022
Via Remix News,
Two German cities, Berlin and Hamburg, have spent at least €4 billion to house migrants since 2022, with the cost of hotels proving to be especially high.
In Hamburg, the cost to house asylum seekers alone has amounted to €597 million. In 2025 alone, the costs of hotel accommodation and meals for asylum seekers in Hamburg was €160 million, which does not include security and administrative costs.
However, that is just for hotels. It costs Hamburg...
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Jul 2, 2026 / William L. Anderson
Surprise, Surprise. Government Capital Stock Is Deteriorating
Despite the eternal promises of members of Congress, government office space is rapidly deteriorating. Unfortunately, Congress has no plans to deal with the problem. All of this is easily explained by Austrian economics.
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Jun 23, 2026 / Tyler Durden
The Next Commodity Supercycle Has Already Started
The Next Commodity Supercycle Has Already Started
Authored by Chris Macintosh via InternationalMan.com,
The world rotates between two sectors: technology and energy.
You have to turn the lights on or nothing happens. You need both the lights and the energy to power them. No lights, only energy? Nothing. Lights with no energy? Nothing.
Essentially you have to innovate or you never progress. Markets tend to rotate between those two broad sectors accordingly.
Go back to the height of the energy boom in 2013 and 2014. You couldn’t give Microsoft away. Energy, on the other...
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