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The Middle Corridor Emerges As A Strategic Lifeline For Global Trade
The Middle Corridor Emerges As A Strategic Lifeline For Global Trade
Via RFE/RL,
Global trade is shifting away from vulnerable maritime chokepoints toward overland routes like the Middle Corridor amid rising geopolitical instability
A $3.3 billion World Bank-backed investment push aims to address infrastructure gaps and unlock the corridor’s long-term potential
While promising, the route still faces major capacity and coordination constraints before it can rival established northern trade flows
While diplomatic efforts struggle to stabilize access to the Strait of Hormuz amid tensions between the United States and Iran, Eurasian trade is increasingly being...
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May 28, 2026 / Tyler Durden
Americans' Savings-Rate Slumps In April As Fed's Favorite Inflation Signal Soars
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After accelerating significantly in March, The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.2% MoM in April (less than expected +0.3% MoM), but pulled up the YoY measure to +3.3% (as expected) - its highest since Nov 2023.
The rise in Services costs (headlined by Housing & Utilities, Financial Services, and Healthcare) dominated the increase in Core PCE YoY...
The headline PCE...
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Jun 16, 2026 / Tyler Durden
"By Any Means Necessary": Candidate Struck From Alaska Ballot Over Alleged Democratic Dirty Trick
"By Any Means Necessary": Candidate Struck From Alaska Ballot Over Alleged Democratic Dirty Trick
Authored by Jonathan Turley,
There is an interesting controversy in Alaska where an election official just disqualified a candidate over his name. Sen. Dan Sullivan (R-Alaska) is in what is considered a close race with Democratic former Rep. Mary Peltola. The seat is viewed as critical to the Democrats' retaking power. The race was thrown into disarray when a retired teacher named Dan Sullivan, who had no connection to the GOP but did have connections to Democratic...
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Sep 4, 2026 / Tyler Durden
GE Vernova Finds Its Footing In Sweden With Studsvik After Loss To Rolls Royce
GE Vernova Finds Its Footing In Sweden With Studsvik After Loss To Rolls Royce
Swedish nuclear life-cycle services company, Studsvik AB, announced an agreement with GE Vernova Hitachi (GVH) and Samsung C&T for 1.2 GW of new nuclear energy in Sweden.
Project developer Studsvik selected the GVH boiling water reactor design, the BWRX-300, to be constructed by Samsung C&T. The consortium is targeting first-unit operation in the mid-2030s.
The project location is still undetermined. It'll be developed at either Studsvik's existing licensed nuclear site in Nyköping, or Målma in Valdemarsvik.
This latest project...
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