The Wrath Of Kharg

Oil Tumbles, Stocks Surges As Israeli TV Reports Imminent 'One Month Ceasefire' Announcement Summary US seeks a one-month ceasefire with a framework to end the war, according to Israel Channel 12 reports WSJ, Fox reporting 3,000 elite Army Airborne soldiers to be ordered to Middle East. Axios says US awaits Iran response to proposed Thursday peace talks. Trump says Iran has been destroyed "militarily".  Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp. Heavy exchange of fire and...

'Spies Inside The Holy See': Report Reveals US Espionage Campaign Targeting Pope Leo Via The Cradle The administration of US President Donald Trump has been "spying" on Pope Leo XIV as part of a years-long intelligence campaign by Washington against the Vatican, US investigative journalist Ken Klippenstein said in a report released Friday.  Klippenstein – an independent, Washington-based investigative journalist who formerly wrote for The Intercept – cited sources as saying that Trump's recent comments on the new Pope were taken by the intelligence community as "a directive to prioritize spying on the Vatican." via Reuters Trump...

Berkshire Cash Hits A Record $397 Billion As Company Sells Most Stocks In 2 Years The head of Berkshire may be new, but nothing has changed in the business model. In Berkshire's first quarter Greg under Abel, who succeeded Buffett in January as Berkshire's chief executive, the company on Saturday reported a higher first-quarter operating profit even as economic uncertainty weighed on several of its consumer-oriented ​businesses. The Omaha, Nebraska-based conglomerate built by Warren Buffett and now led by Greg Abel also reported a record cash level, reflecting continuing difficulty finding ‌investments...