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Iran Issues 10 Million Rial Banknote Amid Soaring Inflation
Iran Issues 10 Million Rial Banknote Amid Soaring Inflation
As the Iran war rages, Tehran has rolled out a new 10 million rial banknote, its highest-ever denomination, as authorities seek to "manage" soaring inflation and meet demand for hard cash... but mostly to "manage" soaring inflation, similar to how Venezuela would add a new 0 to its currency every week in the late days of the Maduro ergime before everyone simply gave up.
Banks, which have been targeted on at least one occasion by Western strikes, began distributing the new note...
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Sep 2, 2026 / Tyler Durden
Xi In Rare Egypt Visit Blasts 'External Interference' In Mideast, As Iran War Drags On
Xi In Rare Egypt Visit Blasts 'External Interference' In Mideast, As Iran War Drags On
Chinese President Xi Jinping in a rare trip to the Cairo told his Egyptian counterpart on Wednesday that "external interference" in the Middle East should be opposed, Chinese state media reported.
Talks in the Egyptian capital between Xi and Egyptian President Abdel Fattah El-Sisi were a first in a decade. Interestingly, Xi at one point pledged Beijing was willing to help protect maritime shipping - though it's anything but clear what specifics would look like, or...
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Jul 31, 2026 / Tyler Durden
Trump Defends Anti-Weaponization Fund But Admits It's Effectively 'Dead'
Trump Defends Anti-Weaponization Fund But Admits It's Effectively 'Dead'
Authored by Jack Phillips via The Epoch Times,
President Donald Trump on Friday said that he still wants compensation for people he said were victimized by a weaponized federal government while acknowledging that a planned $1.776 billion anti-weaponization fund is “dead” after the Department of Justice walked it back amid congressional opposition and court rulings.
“It is dead,” Trump said at a Cabinet meeting on Friday.
“But I wish it weren’t, to be honest with you. I think people were horribly treated, horribly abused...
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May 27, 2026 / Tyler Durden
US, India Sign Critical Minerals And Rare Earths Mining Pact
US, India Sign Critical Minerals And Rare Earths Mining Pact
Authored by Jill McLaughlin via The Epoch Times,
The United States and India signed a key agreement on May 26 to secure critical minerals and rare earth mining, processing, and supplies, further loosening China's grip on the global market, during Secretary of State Marco Rubio's four-day visit.
U.S. Secretary of State Marco Rubio (L) walks with India's Minister of External Affairs S. Jaishankar before their talks in New Delhi, India, on May 24, 2026. Julia Demaree Nikhinson, Pool/AP Photo
"We are two countries...
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