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US and Philippines Launch Their ‘Biggest Ever’ Balikatan Drills With Large Japanese Contingent for First Time

The US and the Philippines on Monday launched what’s being billed as the “biggest ever” Balikatan Exercise, an annual military drill that, for the first time, includes a significant contingent of Japanese troops as Tokyo increases its military activity in the region, ramping up tensions with China. The drills will take place from April 20 […]
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Mar 4, 2026 / Tyler Durden
Trump's Venezuela Oil Plan Runs Into Hard Reality
Trump's Venezuela Oil Plan Runs Into Hard Reality Authored by Andrew Topf via oilprice.com, Last week US President Donald Trump announced that Venezuela’s interim authorities will turn over up to 50 million barrels of oil to the United States, before later declaring his administration will control Venezuela's oil sales “indefinitely”. Decrying the state of Venezuela’s oil sector, including that the South American country now pumps a fraction of what it used to, Trump said, “We’re going to have our very large United States oil companies — the biggest anywhere in the world — go...
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Feb 26, 2026 / Dave DeCamp
Israeli Airstrikes on Gaza City Kill Two Palestinians
Israeli airstrikes hit Gaza City on Thursday, killing at least two Palestinians, as Israeli attacks continue across Gaza in violation of the US-backed ceasefire deal. According to the Palestinian news agency WAFA, Israeli warplanes targeted civilians in Gaza City’s northeastern Tuffah neighborhood. On top of the two Palestinians who were killed, dozens more were injured. […]
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Apr 7, 2026 / Tyler Durden
Battle Of Narratives: Bloomberg Counters Nikkei Asia's Foldable iPhone Delay Report
Battle Of Narratives: Bloomberg Counters Nikkei Asia's Foldable iPhone Delay Report Summary:  Bloomberg counters Nikkei Asia's reporting on possible foldable iPhone delays Nikkei Asia says the foldable iPhone has hit "engineering snags," with shipment delays possible Polymarket odds of a foldable iPhone release this year stand at 81% Bloomberg counters Nikkei Asia's reporting Hours after Nikkei Asia reported that Apple's first foldable iPhone could face delays in mass production, Bloomberg pushed back on the report, citing sources who say the foldable iPhone remains on track for a September debut alongside the iPhone 18 Pro and...
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