Article
Italy’s Meloni Halts Renewal of Military MoU With Israel
Italian Prime Minister Giorgia Meloni said on Tuesday that her government has halted the automatic renewal of a military Memorandum of Understanding (MoU) with Israel, as Italy has become increasingly critical of Israel’s wars and killing of civilians. “In light of the current situation, the government has decided to suspend the automatic renewal of the […]
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May 8, 2026 / Tyler Durden
Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs
Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs
Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.
The automaker projected operating income of ¥3 trillion for the fiscal year ending March 2027, well below both analyst expectations of ¥4.6 trillion and last year’s ¥3.8 trillion.
The company said supply chain disruptions are driving up costs for aluminum, resins, and other materials, while logistics issues remain unpredictable. Toyota estimates the regional...
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Mar 4, 2026
Realtors report a ‘new housing crisis’ as January home sales tank more than 8%
Potential buyers are “still struggling,” and “renters are not participating in housing wealth.” The NAR characterized the current market as a crisis because, “the movement is not happening. Americans are stuck.”
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Feb 26, 2026 / Tyler Durden
World Economic Forum Boss Borge Brende Quits As Epstein Fallout Deepens
World Economic Forum Boss Borge Brende Quits As Epstein Fallout Deepens
The Jeffrey Epstein fallout continues to spread across the corporate and political worlds, with new headlines daily. Bill Gates told foundation staff earlier this week, "I did nothing illicit." Goldman Sachs' top lawyer, Kathy Ruemmler, stepped down last week over her ties, and former Prince Andrew was arrested on suspicion of misconduct related to sending Epstein trade documents.
Now, the World Economic Forum chief executive, Børge Brende, is stepping down following an investigation by the organization into his connections...
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