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Why On Earth Are They Doing This? Authored by Steve Watson via Modernity News, The Spanish Red Cross is treating the military-age men who swam around the border fence and stormed Ceuta like victims of an earthquake. Volunteers in red vests are lining up on the sand at Playa del Trampolín, handing out bread, milk, biscuits, water, cans of tuna and pastries to the thousands who remain after last week's deliberate mass invasion from Morocco. Police stand by to keep the queues orderly while the same people who refused to go home...

'Weeks Inside Highly Fortified Bunkers': Report Details Painfully Slow Communication Within Iran's Leadership According to a Sunday CBS News report citing US officials, Iran's Supreme Leader Mojtaba Khamenei is still in hiding in a secret location with extremely limited communication to the outside world. Driven underground by a pervasive fear within Tehran's remaining leadership structure following relentless US and Israeli military strikes, the Supreme Leader is effectively isolated. This information is nothing 'new' - but even as talks with the US are now little by little reportedly proceeding - and as...

US Home Prices Drop For 3rd Straight Month Home prices in America's top 20 cities were expected to fall MoM for the 3rd straight month in April (the latest reported data from S&P Cotality Case-Shiller) and they did... but only marginally. Prices fell 0.04% MoM in April (less than the 0.10% decline expected), but the annual change rose modestly from +0.88% YoY to +1.14% YoY... Source: Bloomberg "Monthly price movements show seasonal strength masking underlying softness," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. The...