Sony "Temporarily Suspends" Memory Card Orders In Japan As Global Memory Crunch Worsens

Bukele Launches Military Rescue Operation For Four Salvadoran Troops Kidnapped In Haiti El Salvador's President Nayib Bukele launched a military operation to rescue four Salvadoran aviation technicians kidnapped in conflict-ridden Haiti, warning gang leaders of more forceful action unless the Salvadorans are returned unharmed. "Our kidnapped men are not combatants. They are aviation technicians who are part of our mission in Haiti, within the framework of an international mission. Our mission consists only of pilots and technical personnel, whose primary job is to carry out medical evacuations and save lives, not...

Iran Halts All Messages With US, Orders Opening Of New Fronts Citing 'Israeli Crimes'; Futures Slide As Oil Jumps Summary Oil jumps on Iran announcing halt to all exchanges with US, citing Israeli aggression in Lebanon. Iran overnight initiated fresh attacks on neighboring Kuwait and even released video showing footage of a ballistic missile launch. The US bombed radar & drone sites in Iran in response to the Iranians having shot down a US drone over the weekend. Reports of foreign jets over Iranian airspace. Iran negotiator Ghalibaf charges US with breaking the ceasefire: "the naval...

The Bond Selloff Isn't Fiscal Armageddon, It's The End Of A Decade Of Financial Repression; Deutsche Bank Authored by Jim Reid, Deutsche Bank global head of macro research, The latest global bond sell-off has revived the idea that markets are fretting over unsustainable public finances. As concerned as I am by this issue in the longer term, the recent bond market weakness at the moment should be seen more as a continuation of the long normalisation from the historic anomaly of the 2010s. That was a decade of financial repression with central...