Human Smuggler Extradited From Brazil To US: DOJ

Trump Mulls Big Russia Sanctions Relief For Prisoners, Risking Wrath Of Allies & Hawks Diplomacy is obviously stalemated and almost non-existent when it comes to the Iran conflict and Hormuz Strait crisis, and so the White House needs some level of a 'win'. It seems President Trump continues to look for this in the years-long Ukraine crisis, as he's said to now be mulling a major deal which would see the Kremlin free some political prisoners in exchange for a significant easing of sanctions on the Russian economy. The Atlantic on Tuesday...

BRICS Summit Takes Aim At US Influence Over The Global Economy Authored by Eurasianet via OilPrice.com, BRICS demanded greater developing-country influence at the IMF, World Bank and WTO but avoided directly naming the United States in its criticism. The declaration urged “maximum restraint” in the Middle East and made no mention of Ukraine, illustrating the compromises required to maintain consensus. Kazakhstan used the summit to balance BRICS ties with Washington, while Uzbekistan’s president traveled to South Korea and sent a deputy prime minister to represent the country in New Delhi. Like the...

Did META Just Hint At Cracks In the AI CapEx Boom? If you're wondering why the Nasdaq is suddenly tumbling this morning, wonder no more... Nasdaq moves lower after Meta announces it is to build a cloud business to sell its excess AI compute, weighing on cloud peers like AMZN, ORCL, MSFT and chip and memory names like NVDA, MU, INTO. As Bloomberg reports: Meta, which has been rushing to secure expensive data centers and other infrastructure to fuel its own artificial intelligence ambitions, is forming a business to generate revenue from...