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Iraq's Ruling Pro-Iran Bloc Races To Choose PM, While US Rejects Main Candidates
Iraq's Ruling Pro-Iran Bloc Races To Choose PM, While US Rejects Main Candidates
Via The Cradle
The US has suspended all funding and security coordination with Iraq, and shipments of dollars the Central Bank of Iraq (CBI), until a new Baghdad government acceptable to Washington is formed, Saudi state-owned Al-Hadath reported Monday.
The US is also conditioning continued security cooperation on the disclosure of those involved in the bombing of its embassy, the news channel added.
President Trump previously with the current Prime Minister of Iraq Mohammed Shia' al-Sudani
Nevertheless, on Monday, the CBI released a statement rejecting the Al-Hadath report....
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Jun 4, 2026 / Tyler Durden
"Bring Your Own Capacity" - Google And Voltus To Deploy Virtual Power Plant
"Bring Your Own Capacity" - Google And Voltus To Deploy Virtual Power Plant
Google signed a three-year Bring Your Own Capacity (BYOC) agreement with Voltus for up to 100 MW of accredited distributed capacity in the PJM Interconnection. Voltus will aggregate batteries, smart thermostats, electric vehicles, and other flexible assets from homes and businesses into a Google-funded Virtual Power Plant (VPP).
When the grid needs relief, the software dispatches those resources in concert. Participants get paid, and Google gets capacity without waiting for traditional interconnection queues.
A VPP is not a physical...
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Jul 30, 2026 / Tyler Durden
Adidas Shares Crash After World Cup Spending Fuels Earnings Miss
Adidas Shares Crash After World Cup Spending Fuels Earnings Miss
Adidas shares crashed the most on record in Europe after outsized World Cup marketing spending weighed on second-quarter operating profit, overshadowing stronger-than-expected tournament-related sales.
Profit totaled 574 million euros for the quarter ending in June, missing the 616 million euro estimate of analysts tracked by Bloomberg, as an additional 212 million euros in spending offset strong sales growth and disappointed investors seeking better margin expansion.
The German sportswear maker generated 1.5 billion euros in sales, with jersey sales quadrupling and ball sales...
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May 1, 2026 / Tyler Durden
US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
Authored by Mary Prenon via The Epoch Times,
America’s mortgage debt continues to escalate, hitting the $13.2 trillion mark, according to an April 30 WalletHub report.
The personal finance website and app indicated that the average U.S. household owes nearly $109,000 in outstanding mortgage balances and that mortgage debt has remained on an upward trend over the past few years.
“Mortgage rates are the highest they’ve been in around a decade, and home prices have seen a meteoric rise in recent years...
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