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Markets Prematurely May Celebrate, But the Next Phase Likely Will be More, Bigger War
We are entering upon a new stage to this war on Iran. It may not be what many expect (especially in financial markets). Yesterday Trump said inter alia that Hormuz was open and that Iran had agreed never to close Hormuz again; that Iran, with the help of the US, has removed, or is removing, […]
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May 20, 2026 / Tyler Durden
Samsung Union Postpones Massive General Strike, Puts Wage Deal To Vote
Samsung Union Postpones Massive General Strike, Puts Wage Deal To Vote
Summary:
Samsung Union Postpones Massive Strike For Union Vote On Saturday
Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse
Samsung Union Postpones General Strike For Weekend Vote
Late Wednesday night in South Korea, Samsung and its largest union held last-minute negotiations ahead of a massive general strike.
Vice Minister Kwon Chang-jun of the Ministry of Employment and Labor joined the negotiating table between Samsung and its largest union, a move that appears to have led to a breakthrough.
South Korea's national...
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Mar 23, 2026 / Dave DeCamp
Report: US Proposes Talks Between Vance and Iranian Parliament Speaker With Turkey as Mediator
The US has proposed holding talks with Iran that would be led by Vice President JD Vance and Iran’s parliament speaker, Mohammad Bagher Ghalibaf, with Turkey acting as the mediator, Al-Monitor reported on Monday, citing a Turkish source. The report said that so far, there’s been no response from Iran, and Ghalibaf called reports from […]
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Jun 4, 2026 / Tyler Durden
Beijing Bans Four New Zealand MPs For "Crossing Red Line" With Taiwan Visit
Beijing Bans Four New Zealand MPs For "Crossing Red Line" With Taiwan Visit
In a first, China has banned four New Zealand Members of Parliament for a year over their visit to Taiwan, New Zealand's foreign ministry says. The MPs learned of the ban - which the Chinese Embassy said could be reduced or waived with an apology - when they returned from the trip in May, local media reported on Thursday.
On Thursday, Chinese foreign ministry spokeswoman Mao Ning said: “Recently, certain New Zealand members of parliament, disregarding China’s serious concerns...
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