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US-Israeli Strikes in Iran Hit Orphanage, Cancer Drug Facility, Religious Site, and More Residential Buildings
US-Israeli sites continue to pound civilian targets in Iran, hitting an orphanage, a cancer drug facility, a religious site, and more residential buildings in recent days. CNN reported, citing Iran’s semi-official Fars News Agency, that a US or Israeli strike on Monday hit a newly built orphan charity complex in the city of Fardis, about […]
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Apr 17, 2026 / Tyler Durden
Beijing Boosts BeiDou Satellite System To Try And Compete With GPS
Beijing Boosts BeiDou Satellite System To Try And Compete With GPS
China is upgrading its BeiDou satellite navigation system, a domestic alternative to GPS, to expand its global reach and industry use, according to South China Morning Post.
The plan involves replacing older satellites with newer third-generation models and adjusting their orbits to improve worldwide coverage. The system will be streamlined from 50 to 37 active satellites, most operating in medium Earth orbit like GPS and Europe’s Galileo.
A few satellites will remain in specialized orbits to improve signal reliability in certain...
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Sep 7, 2026 / Tyler Durden
Asia Leads Global Value Rotation On Chip Woes
Asia Leads Global Value Rotation On Chip Woes
By Abishek Vishnoi, Bloomberg Markets Live reporter and strategist
A rotation from growth to value stocks is more pronounced in Asia than anywhere else globally, as doubts grow over the chip rally’s staying power.
MSCI’s gauge for value stocks in Asia Pacific has risen about 6% this quarter, compared with a 2% drop in its growth counterpart, on track for its biggest outperformance since January-March 2022, according to data compiled by Bloomberg. The gap is wider than the swings in the US and Europe...
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Mar 30, 2026 / Dave DeCamp
US Launches 48th Airstrike in Somalia of the Year
US Africa Command said on Monday that its forces launched an airstrike in Somalia on March 27 as the Trump administration continues the bombing campaign in the east African country amid the US-Israeli war against Iran. AFRICOM said the strike targeted al-Shabaab and was launched about 80 miles northwest of the southern city of Kismayo. […]
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