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Key Events This Week: PMIs, Productivity And Consumer Sentiment
Key Events This Week: PMIs, Productivity And Consumer Sentiment
As has become customary for Monday, we have seen a dramatic surge in risk assets (3rd Monday in a row) on what at least superficially appears to be de-escalation after Trump announced strikes against Iran's power plant would be delayed by 5 days as a result of talks with Iran, talks which at least Iran's domestic news sources have so far denied.
And the market lurches from headline to headline, it feels somewhat trivial to focus on the week ahead data calendar,...
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FBI Raids Soros-Connected Ohio Voter Mobilization Group In Fraud Investigation
FBI Raids Soros-Connected Ohio Voter Mobilization Group In Fraud Investigation
Via American Greatness,
Federal investigators executed search warrants at the headquarters of a Soros-aligned voter mobilization organization in Ohio as part of what sources described as an ongoing fraud investigation.
FBI agents searched the offices of the Ohio Organizing Collaborative on June 11 and conducted interviews with members of the organization across the state, according to reports. Some agents reportedly served subpoenas or sought to seize electronic devices during the operation.
Multiple sources familiar with the matter later told CBS News that the federal action was tied...
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May 15, 2026 / Tyler Durden
"Pushed Into Poverty": Somalia’s Currency Crisis Leaves Traders Holding Worthless Cash
"Pushed Into Poverty": Somalia’s Currency Crisis Leaves Traders Holding Worthless Cash
For decades, Muse Omar Jama made a living swapping currencies in Mogadishu’s Bakara market, where customers once lined up to trade Somali shillings for dollars and mobile money. Now his office sits mostly silent, and the safes around him are stuffed with cash no one wants, according to The Guardian.
The problem began when traders in Somalia stopped accepting worn-out shilling notes, saying the bills were too damaged to use. The boycott quickly spread to shops, buses, and businesses across the...
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