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Iranian Official Suggests Yemen’s Houthis Could Close Bab el-Mandeb Strait If US Launches Ground Attacks

An Iranian official on Wednesday suggested that Yemen’s Houthis, officially known as Ansar Allah, could close the Bab el-Mandeb Strait, which connects the Gulf of Aden and the Red Sea, if the US launches ground operations against Iran. So far, the Houthis, who govern an area of Yemen where most of the population lives, have […]
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Aug 11, 2026 / Tyler Durden
The Diamond Crash Accelerates
The Diamond Crash Accelerates The Diamond Standard Index, tracked on Bloomberg under the ticker DIAMINDX, tumbled to new record lows during the first half of August as a surge in affordable lab-grown stones eroded the scarcity premium underpinning natural diamond prices. "Technological progress in growing diamonds in labs has been amazing. It's no surprise most engagement rings are now using lab diamonds," X user Crémieux said. Technological progress in growing diamonds in labs has been amazing. It's no surprise most engagement rings are now using lab diamonds. https://t.co/MZ4zWVlQNq pic.twitter.com/fH1lFYD3Ih — Crémieux (@cremieuxrecueil) August 8,...
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Jun 17, 2026 / Tyler Durden
"The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs
"The Situation Has Become Unsustainable": Apple To Hike Prices To Offset Soaring Memory Costs Up until now, Americans primarily hated the flood of data centers popping up around the country like mushrooms (at least those that haven't been canceled or delayed due to regulatory pushback, lack of electricity or outright hostility) because of surging electricity prices and the rising tide of unemployment as chabots gradually make America's white collar workers obsolete. Now they can add surging consumer price inflation to the list of reasons to hate data centers, whose ravenous...
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Apr 2, 2026 / Tyler Durden
Justice Jackson's Birthright Citizenship Comments Were A Total Disaster
Justice Jackson's Birthright Citizenship Comments Were A Total Disaster Justice Ketanji Brown Jackson turned Wednesday's Supreme Court birthright citizenship oral arguments into another demonstration of her lack of qualifications for sitting on the high court. The case centers on President Trump's executive order challenging the automatic grant of citizenship to children born on U.S. soil to non-citizen parents. It was, on paper, one of the most consequential constitutional arguments in decades. For Jackson, it became a showcase of creative — if baffling — jurisprudence. Speaking to ACLU attorney Cecillia Wang, Jackson offered...
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