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Key Events This Week: Warsh Nomination Hearing, Retail Sales, Fed Blackout, Earnings
Key Events This Week: Warsh Nomination Hearing, Retail Sales, Fed Blackout, Earnings
As the war in Iran enters its 8th week, Deutsche Bank's Jim Reid says that recent developments can be framed in two ways: either five steps forward towards peace and three back (seems more apt than three and two), or as evidence that the two sides remain far enough apart that a lasting deal will be extremely hard to achieve and markets have become far too optimistic. Reid leans more towards the former, but the comparison with recent history...
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May 2, 2026 / Tyler Durden
Russian Black Sea Town Plunged Into Environmental Catastrophe After 4th Drone Strike On Oil Complex
Russian Black Sea Town Plunged Into Environmental Catastrophe After 4th Drone Strike On Oil Complex
Russia's Tuapse on the Black Sea can't catch a break as it has been hit by Ukrainian drones for the fourth time within only a month, after a series of devastating attacks in April which unleashed large fires.
On Friday another fire broke out at a marine terminal in Tuapse after this latest Ukrainian drone strike, regional emergency officials have confirmed. Over 100 fire-fighting personnel are battling the blaze.
Tuapse has already been under a state of emergency...
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Apr 21, 2026 / Jason Ditz
Israel Reports Killing ‘Militants’ in Lebanon Despite Ceasefire as Troops Continues Demolitions
As demolitions continue at scale south of the new “Yellow Line” Israel established in Lebanon’s south, their operations have been more limited north of that area, given the present ceasefire. They have not, however, actually ceased. In Haret Saida, which is near the southern coastal city of Sidon, itself well outside of the Yellow Line […]
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May 18, 2026 / Kyle Anzalone
Trump Says He Canceled Attack on Iran After Requests From Gulf Allies
President Donald Trump wrote on Truth Social that he had planned to restart the war against Iran on Tuesday, but called off the strikes after requests from Washington’s Gulf Arab allies. “I have been asked by the Emir of Qatar, Tamim bin Hamad Al Thani, the Crown Prince of Saudi Arabia, Mohammed bin Salman Al […]
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