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Trump Says He ‘Strongly’ Considering Withdrawing From NATO

President Donald Trump said that NATO is a “paper tiger” and he was considering pulling the US out of the Cold War-era alliance. This week, multiple NATO states declared that the US could not use their airspace for attacks on Iran.  “I was never swayed by NATO. I always knew they were a paper tiger, […]
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May 9, 2026 / Tyler Durden
Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming
Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming Recent trading competitions suggest large language models are still unreliable portfolio managers, according to Bloomberg. Tests involving models from OpenAI, Anthropic, Google, and xAI have often delivered underwhelming results: many lost money, traded excessively, and made erratic decisions despite receiving identical prompts. In several cases, models appeared unable to stick to coherent strategies for more than a few trading sessions. Bloomberg writes that one of the clearest examples came from Alpha Arena, a competition created by startup Nof1. Eight models were...
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Apr 21, 2026 / Tyler Durden
IMO Draws Up Hormuz Evacuation Plan For 800 Ships Trapped In Gulf
IMO Draws Up Hormuz Evacuation Plan For 800 Ships Trapped In Gulf Tanker traffic through the Hormuz chokepoint remained muted as of Tuesday morning, with maritime movement still far below pre-US-Iran conflict levels. The ship backlog in the Persian Gulf has now swelled to a staggering 800 vessels, underscoring the scale of the disruption, while the International Maritime Organization is reportedly drawing up evacuation plans for stranded ships. Bloomberg quoted the Secretary-General of the IMO, Arsenio Dominguez, who stated on the sidelines of Singapore Maritime Week earlier today that the...
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Feb 25, 2026 / Dave DeCamp
US Imposes New Iran Sanctions Ahead of Geneva Talks
The Trump administration on Wednesday imposed new Iran-related sanctions, a day before US and Iranian officials will meet for another round of talks in Geneva amid the major US military buildup in the Middle East. The Treasury Department said that it imposed sanctions on more than 30 sanctions on individuals, entities, and vessels accused of […]
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