Western Australia Establishes Strategic Fuel Reserve

Kamikaze Drone Maker Raises $320 Million In U.S. IPO As 'War Unicorns' Rise The rise of "war unicorns" will be an impressive development to watch over the next several years, as we've diligently laid out for readers for months, well before the U.S.-Iran conflict, how a massive government push and in capital markets would begin to prioritize the next generation of defense-tech firms rather than big, bloated legacy defense contractors. Aevex, a military drone maker backed by Madison Dearborn Partners, is the latest example of capital markets getting excited about war...

Medical Groups Sue FTC Over Probe Into Gender Dysphoria Treatments Authored by Zachary Stieber via The Epoch Times (emphasis ours), Two medical groups on Feb. 17 sued the federal government over its probe into the organizations’ recommendations for children with gender dysphoria, or the belief that they are a different gender. The Federal Trade Commission (FTC) in Washington on Aug. 6, 2024. Madalina Vasiliu/The Epoch Times The American Academy of Pediatrics and the Endocrine Society said in separate lawsuits filed in federal court in the District of Columbia that the Federal Trade Commission...

Germany's Pension Time Bomb: $2+ Billion In CRE Losses Expose Cracks In The Fiat Era Submitted by Thomas Kolbe, A shock for the insured members of the Versorgungswerk Zahnärzte Berlin-Brandenburg (VZB). According to a report this week by Bloomberg, losses at the private pension fund total €1.1 billion. Roughly 50 percent of its invested capital has effectively been wiped out—channeled into private loans to non-listed companies, including rPlanet Earth in California, a shrimp farm in northern Germany, and, repeatedly featured on the investment menus of German pension funds, U.S. commercial real...