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US Firm Takes Control Of One Of The "World's Largest" Cobalt Producers
US Firm Takes Control Of One Of The "World's Largest" Cobalt Producers
An American company has secured control of one of the largest cobalt producers outside Chinese ownership, delivering a strategic boost to U.S. efforts to compete with Beijing over critical minerals, according to the Wall Street Journal.
The buyer, Virtus Minerals, completed its acquisition of Congo-based Chemaf for $30 million, along with a pledge to invest roughly $720 million. The deal caps a years-long push, spanning both the Biden and Trump administrations, to ensure U.S. access to cobalt resources in...
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May 18, 2026 / Tyler Durden
UAE Paid New York Firm Millions To Bury Article On Ambassador's Links To Sex Traffickers: Report
UAE Paid New York Firm Millions To Bury Article On Ambassador's Links To Sex Traffickers: Report
Via The Cradle
The UAE paid New York-based reputation management firm Terakeet more than $6 million to bury a 2017 report revealing that the Emirati ambassador to Washington, Yousef al-Otaiba, had ties to sex workers and traffickers, according to a New York Times (NYT) report published on Sunday.
The campaign was designed to push the Intercept report out of public sight on Google search results. According to Foreign Agents Registration Act records cited by the paper, Terakeet's work for the UAE began in...
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Apr 8, 2026 / Tyler Durden
Shares Of Infrastructure Developer Erupt On Gulf Energy Reconstruction Prospects
Shares Of Infrastructure Developer Erupt On Gulf Energy Reconstruction Prospects
The two-week U.S.-Iran ceasefire looks more like a pause in the six-week conflict than a long-lasting agreement, with language so broad and vague that it remains unclear who conceded what. The one clear point is that Iran's reported willingness to allow vessel transits through the Strait of Hormuz was enough to send crude prices tumbling from triple-digit territory and spark a global relief rally across equities and bonds.
Everyone is breathing a sigh of relief on Wednesday morning, and traders are...
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Apr 1, 2026 / Tyler Durden
Obama Judge Orders Trump Admin To Restore Legal Status Of 985,000 Migrants Who Used CBP One App




