Madison Air Pulls Off Biggest U.S. Industrial IPO Since 1999 As Data Center Cooling Theme Heats Up

Germany Accelerates Kamikaze Drone Stockpiling With Rheinmetall Deal Germany's parliament has approved a sizeable contract for defense giant Rheinmetall to supply loitering munitions, or kamikaze drones, to the Bundeswehr, underscoring just how quickly European militaries are internalizing drone warfare lessons from both the Russia-Ukraine war and, more recently, the U.S.-Iran conflict. Berlin's latest procurement push makes it clear that one-way attack drones are becoming a serious threat, and the race to stockpile them has begun. Bloomberg reports that the budget committee of the Bundestag approved the Defense Ministry's proposal for an...

Rickards: Investing In A World In Turmoil Authored by James Rickards via DailyReckoning.com, To say that the world is in turmoil to an extent not seen since the 1960s is an understatement. The war in Ukraine is now in its fifth year. The war in Iran continues with no end in sight, despite Trump’s optimistic talk. NATO may be nearing the break-up stage as Trump pulls U.S. troops out of Germany. Energy prices are soaring, inflation has accelerated sharply again, consumer confidence has fallen sharply, debt is at an all-time high and supply...

Bulgaria's Former Pro-Russian President Set For Landsllde Election Win Just as Europe's neoliberal establishment was celebrating the downfall of Hungary's Orban and his replacement with... another hard-line ant- immigrationist, it got some bad news on Sunday, as Bulgaria's pro-Russian former President Rumen Radev was set for a runaway victory in the election and may even secure a parliamentary majority in the poorest EU state, ‌exit polls showed, potentially ending years of weak coalition governments and altering the European Union member's foreign policy. Rumen Radev, former Bulgarian president and leader of Progressive...