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Hormuz Chokepoint Claims Next Victim: World's Largest Aluminum Smelter Cuts Capacity
Hormuz Chokepoint Claims Next Victim: World's Largest Aluminum Smelter Cuts Capacity
The world's largest single-site aluminium smelter in the Middle East cut its output by about 20% on Sunday, marking yet another troubling development for the global economy. The disruption in the Strait of Hormuz is no longer just an energy story - it's now spreading into industrial metals. These second- and third-order effects could soon disrupt global supply chains and tighten aluminium availability, thus pressuring prices higher.
Bloomberg reports that Aluminium Bahrain (Alba) began a controlled, safe shutdown of three...
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Mar 31, 2026 / Tyler Durden
Treasury Unveils Whistleblower Portal To Combat Transnational Medicare, Medicaid Fraud Rings
Treasury Unveils Whistleblower Portal To Combat Transnational Medicare, Medicaid Fraud Rings
Authored by Kimberly Hayek via The Epoch Times (emphasis ours),
Whistleblowers are encouraged to report abuse of Medicare, Medicaid, and other government health benefit programs, the Department of the Treasury announced on March 30, while warning that sophisticated fraud schemes are siphoning billions from them.
The White House and the U.S. Department of the Treasury in Washington on March 10, 2025. Madalina Vasiliu/The Epoch Times
In an advisory, the Treasury detailed the way in which transnational criminal organizations—working with domestic fraudsters and...
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Feb 21, 2026 / Tyler Durden
Trump Hikes Global Tariffs To 15%, Blasts "Ridiculous, Anti-American" SCOTUS Ruling
Trump Hikes Global Tariffs To 15%, Blasts "Ridiculous, Anti-American" SCOTUS Ruling
Hell hath no fury like a Donald scorned...
One day after 'The Supremes' struck down his IEEPA tariffs, President Trump has announced, in a statement issued on Truth Social, that he will raise his new, global tariff to 15% (the maximum allowed under a separate trade law), a day after he took hiked global tariffs to 10% (in response to the SCOTUS ruling).
Trump further slammed the SCOTUS decision as "anti-American"...
"Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and...
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Mar 16, 2026 / Tyler Durden
Guess What Ireland's President Said About St. Patrick's Day...
Guess What Ireland's President Said About St. Patrick's Day...
Authored by Steve Watson via Modernity.news,
Irish President Catherine Connolly marked her first St. Patrick’s Day in office with a message that reframed Ireland’s patron saint as a symbol for open borders and ‘global citizenship’, urging the Irish to embrace migrants amid ongoing surges in arrivals that have sparked nationwide tensions.
In a video address, Connolly drew parallels between St. Patrick’s enslavement and modern migration, calling for hospitality toward those displaced by war and persecution—conveniently overlooking how mass influxes of economic migrants have overwhelmed Irish communities and resources.
The...
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