Article
China Dismisses Report Of Top Chipmaker Aiding Iranian Forces As "Fake News"
China Dismisses Report Of Top Chipmaker Aiding Iranian Forces As "Fake News"
Beijing moved into damage-control mode on Friday, with its foreign ministry dismissing a Reuters report that cited two senior Trump administration officials alleging that SMIC, China's largest chipmaker, had sent chipmaking tools to Iran, as "false information."
Asked about the report at a regular news conference in Beijing, foreign ministry spokesman Lin Jian said he was "not familiar with the situation" and added, "What I can tell you is that recently, some media have been keen on releasing...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Jun 8, 2026 / Dave DeCamp
Trump Says Iran and Israel Must ‘Stop Shooting’ After They Exchange Strikes
President Trump said on Monday that Iran and Israel must “stop shooting,” comments that came after Israel bombed Iran following Iranian strikes on northern Israel in response to Israel’s strikes on Beirut’s southern suburbs. “Israel and Iran must immediately stop ‘shooting.’ President DONALD J. TRUMP,” the president wrote on Truth Social. Israel launched strikes in […]
Read more
May 15, 2026 / Tyler Durden
Collum: Was Fed Chair Warsh Chosen For A Controlled Demolition?
Collum: Was Fed Chair Warsh Chosen For A Controlled Demolition?
Supposed monetary hawk Kevin Warsh, who was officially sworn in as the 17th Fed Chair earlier this week, will now face the dilemma of staying true to his hawkish roots or caving to his unabashed high-rate hating President. That is, of course, unless there’s a deeper plan at play…
Last night, Cornell professor Dave Collum hosted Michael Lebowitz and Stephanie Pomboy for a deep dived into ‘How F***ed Markets Are’ where Dave posited the theory that Warsh man be a demolition...
Read more
Apr 15, 2026 / Tyler Durden
Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is "Premature"
Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is "Premature"
Goldman's Natasha de la Grense summed it up well this morning: "Money was waiting on the sidelines to buy luxury for a de-escalation play – that feels premature with three misses in three days."
Disappointments from Kering and Hermès, both of which fell short of analyst estimates, reinforced the view that the industry of fine wine, overpriced shirts, shoes, belts, and designer bags, is not yet out of the woods and sent the Goldman Sachs EU Luxury...
Read more




