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Vance Calls Off Pakistan Trip, Iran Delegation Confirms No-Show, With Hours Till Ceasefire Collapse
Vance Calls Off Pakistan Trip, Iran Delegation Confirms No-Show, With Hours Till Ceasefire Collapse
Summary
Vance calls off trip to Pakistan after Iran demanded US lift blockade of ports. Tasnim says Iran's 'final decision' is to not attend talks.
Trump warns: 'Expect...bombs' & urges Tehran "release women" said to be on death row.
Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM
As just 12 ships have gone through Hormuz Strait in last 24 hours, Iran claims one of its own made it past...
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Mar 24, 2026 / Tyler Durden
Nvidia CEO: "I Think We've Achieved AGI"
Nvidia CEO: "I Think We've Achieved AGI"
Nvidia CEO Jensen Huang joined podcaster Lex Fridman for a 2-plus-hour conversation on the future of AI infrastructure, covering everything from chips, racks, and cooling systems to Nvidia's broader strategy for the next computing era.
Jensen spoke about how computers are evolving from retrieval machines into generative AI factories. The discussion also turned to one of the biggest questions in the AI cycle: whether AGI has already arrived.
Near the two-hour mark of the conversation, Fridman asked Jensen about the "AGI timeline" and whether it...
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Apr 8, 2026 / Tyler Durden
S&P Slashes New Orleans' Credit Rating On "Structurally Imbalanced Operations"
S&P Slashes New Orleans' Credit Rating On "Structurally Imbalanced Operations"
New Orleans, home to Mardi Gras and muffulettas, has been governed by Democrats for decades, so it should come as little surprise that S&P Global Ratings has slashed the city's obligation rating to the third-lowest level of investment grade and placed it on a negative outlook.
S&P Global Ratings cut New Orleans' general obligation rating by one notch to BBB+ with a negative outlook, citing structurally imbalanced finances, shrinking reserves, and growing reliance on one-time desperate measures to meet cash needs.
"The...
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May 5, 2026 / Tyler Durden
UK Gilt Yields Near 30-Year Highs As Political/Geopolitical Fears Spark Trussian Chaos
UK Gilt Yields Near 30-Year Highs As Political/Geopolitical Fears Spark Trussian Chaos
Anyone has been in the bond markets for more than a minute remembers the fall of 2022 when UK PM Liz Truss was unceremoniously dumped by her own party after serving 45 days in office as the Gilts market collapsed at unprecedented speed amid economic chaos triggered by her 'mini-budget' (and multiple ministerial resignations).
The reason we reminisce is that this morning - after a long-weekend closed - UK Gilt yields are soaring once again... to their highest level...
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