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Israel Appoints Its First Ambassador to Somaliland as It Eyes Gulf of Aden Military Base
Israel has appointed its first ambassador to Somaliland, a move that follows its recognition of Somaliland’s independence, which the region first declared in 1991. Israeli media reported the appointment of Michael Lotem, who has previously served as Israel’s ambassador to several different African countries. Somalia’s federal government, which is based in Mogadishu, condemned the move […]
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May 15, 2026 / Tyler Durden
How Global Economic Power Shifted In The Last 10 Years
How Global Economic Power Shifted In The Last 10 Years
The global economic order has shifted dramatically over the last decade, with countries reshuffling positions amid inflation shocks, geopolitical tensions, pandemic disruptions, and the rapid rise of AI-driven industries.
This graphic, via Visual Capitalist's Gabriel Cohen, compares the world’s 15 largest economies in 2016 and 2026 using IMF World Economic Outlook data, revealing which countries gained ground, which fell behind, and which surprised the most.
The U.S. remains the world’s largest economy at $32.4 trillion in 2026 forecasts, while China crossed the $20 trillion...
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Mar 29, 2026 / Dave DeCamp
Yemen’s Houthis Enter War Against Israel
Yemen’s Houthis, officially known as Ansar Allah, have launched at least two attacks on Israel since Saturday as the US-Israeli war against Iran continues to expand across the region. Houthi military spokesman Yahya Saree said in a statement on the first attack that it was launched “in support of the Islamic Republic of Iran and […]
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Apr 8, 2026 / Tyler Durden
Airline Stocks Soar On Iran Ceasefire As IATA Sees "Positive" Tailwinds, But Warns Jet Fuel Crisis Will Persist
Airline Stocks Soar On Iran Ceasefire As IATA Sees "Positive" Tailwinds, But Warns Jet Fuel Crisis Will Persist
Airline stocks are flying high in premarket trading in New York after the overnight ceasefire between the Trump administration and Tehran. The truce is a positive for the aviation industry, which has been locked in turbulence for six weeks, as surging jet fuel prices have crushed the margins of major carriers, forcing ticket and baggage price hikes and triggering travel chaos across the Gulf region.
"Even two weeks is a positive because we...
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