Ukraine Sea Drone Fired From Libya Hit Russian Tanker in Mediterranean

Germany's Economy At The Point Of No Return Submitted by Thomas Kolbe If anyone still needed a concrete figure to illustrate the dramatic state of the German economy, the Federal Statistical Office has now delivered it. The country’s investment ratio is negative, as depreciation exceeds nominal investments. Slowly but surely, the lights are going out. Public discourse in Germany often sounds monocaudal and lacks complexity. Regardless of which social conflicts, administrative difficulties, or economic issues are being debated, for the majority of Germans, the state is not the cause of many problems...

Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years Goldman Sachs reported its highest quarterly profit in five years, as the bank's equities traders beat their own previous all-time quarterly high revenue by more than $1 billion thanks to a surge in market volatility due to the war in Iran; however this stellar performance in equities was offset by an unexpected drop in FICC revenues. Here are Goldman's Q1 results in a nutshell: EPS $17.55, exp. $16.41 Net revenue $17.23 billion, +14% y/y, exp. $16.95 billion Equities sales &...

The Democrat Establishment Is Starting To Worry About Spencer Pratt The last person California Democrats expected to keep them up at night is Spencer Pratt. Yet here we are. The former reality television personality-turned-independent mayoral candidate has spent the past several weeks doing something that Los Angeles's political establishment convinced itself was impossible: making incumbent Mayor Karen Bass look vulnerable. Conventional wisdom held that a candidate like Pratt, a former television personality with no governing experience, running as an independent in a deep-blue city, had no realistic path to victory. The conventional...