US Bombs Somalia for 57th Time This Year

Futures At New Record High On Tech, Tehran, Trade, Taiwan And Tariffs US futures are higher as we await color on the Trump-Xi summit and US- Iran negotiations, which are said to be ongoing, and as the tech meltup continues. What is known so far is that Trump / Xi agree that Iran cannot have a nuclear weapon, Hormuz should reopen without a toll or militarization; the countries will look to increase investment in each other as NVDA H20 chips are approved for a set of Chinese companies. In short,...

The Shooting In The Strait Ain't Over, But... Authored by Larry Johnson via Sonar21.com A little over a week since the US and Iran signed the MoU, some ships that had been trapped in the Persian rushed to travel through the corridor, with many trying to use an alternative route on the southern side of the Strait along the Omani coast. The International Maritime Organization (IMO) had coordinated this alternative routing with Oman - hugging the UAE and Musandam Peninsula coastline, avoiding the central passage that Iran had mined. This route...

USA Rare Earth Actively Pursuing Acquisition Opportunities Around The World At the Semafor World Economy forum, USA Rare Earth CEO Barbara Humpton explained that the company is actively pursuing acquisition opportunities worldwide across the entire critical minerals supply chain. This includes everything from extraction and refining to magnet production. Highlighting the company’s international strategy, she pointed to a recent agreement to acquire a stake in Carester, a rare earth processing firm based in France, in partnership with French investor Infravia, according to Semafor.  Speaking in Washington, DC, Humpton noted that this move...