Markets Prematurely May Celebrate, But the Next Phase Likely Will be More, Bigger War

Iran Reportedly Sends Large Ballistic Missile Salvo On Jordan, After US Strikes Iranian Oil Tankers Summary US Strikes Iran: US forces reportedly hit Iranian oil tankers near Kharg Island and Jask. Iran Targets US Ships & Jordan: Iran reportedly launched another attack on US naval assets, though no American ships were hit, say US officials. Ballistic missiles raining down on Jordan overnight.  Oil Near $100: Brent crude surged as tensions threaten Iranian exports and the Strait of Hormuz. Houthis Hit Saudi Arabia: Ballistic missiles and drones struck Saudi energy and military targets, causing fires and operational disruptions. Yemen War...

A $1,000 Playstation 6? Sony Won't Sell "At Significant Losses" Anymore The PlayStation 6 is shaping up to launch during one of the most challenging periods in recent consumer electronics history. Soaring prices for key components - particularly RAM and high-speed SSDs - have pushed the estimated component cost for the next-generation console close to $1,000, according to recent analysis. Combined with Sony’s latest comments to investors, this suggests that a significantly higher launch price than many had hoped for is no longer out of the question. In a recent investor...

The British State Now Behaves Like An Imperial Regime Ruling Over Competing Peoples Authored by David Betz and Michael Rainsborough via The Daily Sceptic,Despite spending much of the past half-century apologizing for the Empire, the British establishment is rediscovering its favorite method of rule. The old colonial district officer, accustomed to keeping the peace between rival communities, cultivating local notables and reporting troublesome political sentiments to his superiors, would find much to recognize in contemporary Britain. He might struggle with the current terminology, but once someone explained what a Cohesion...