UAE Unveils Jet-Powered Kamikaze Drone As War Gets A Lot Scarier

Vegetable-Oil Inflation Sends World Food Prices Higher The benchmark for global food commodity prices rose for a third consecutive month in April, hitting its highest level since early 2023, as Middle East supply disruptions, elevated energy costs, and tightening supplies of certain agricultural products appear to be driving the next leg higher in global food prices. This is a major risk we have warned about throughout the U.S.-Iran war, as energy and supply chain disruptions spread quickly through fertilizer, diesel, freight, biofuels, grains, and vegetable oils. We even treated readers to...

From Momentum To Mayhem: Korean 'Plunge Protectors' Meet As Leverage Unwind Sparks Chaos 'Leverage goes both ways...' That is a lesson that many are learning in a painful manner as the army that enjoyed the momentum escalator ride up are now decrying the elevator plunge lower... and the poster-child for this pain is Korea. Following anxiety over new Chinese competition, and disappointing earnings from SK Hynix overnight, Korea's stock market has plunged 44% from its record highs in June (but remains up 27% YTD still)... Triggering yet another circuit-breaker... You didn’t pray hard enough The...

Europe Sees 'Hyper-Concentration' Of Crypto 'Wrench Attacks' As Losses Hit $101 Million Authored by Stephen Katte via CoinTelegraph.com, Estimated losses from global crypto wrench attacks reached $101 million in the first four months of 2026, with most attacks occurring in Europe, according to Web3 security company CertiK. With just 34 documented crypto wrench attacks, the losses have nearly doubled those of 2025, which came in at $52.2 million. Europe accounted for 82% of incidents, according to CertiK. “Our 2025 report documented a gradual tilt from Asia and North America toward Europe, and these...