Article
UBS Warns Drought Shock Unfolding Across Breadbasket Of America
UBS Warns Drought Shock Unfolding Across Breadbasket Of America
It's not just us sounding the alarm about severe drought conditions hitting America's breadbasket as spring plantings ramp up, or warning about the second- and third-order effects that could push food prices higher later this year.
UBS analysts, led by Jonathan Pingle, told clients on Thursday morning that drought conditions across the US agricultural belt rank among the worst in more than 130 years:
The National Oceanic and Atmospheric Administration's Palmer Drought Severity Index hit its highest level for March since records started...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Apr 30, 2026 / Tyler Durden
Hezbollah's Cheap Fiber Optic Drones A Growing, Deadly Problem For Israeli Troop Convoys
Hezbollah's Cheap Fiber Optic Drones A Growing, Deadly Problem For Israeli Troop Convoys
Via The Cradle
Hezbollah attacked the Israeli army with a fiber-optic drone in the Galilee on Thursday, injuring at least a dozen soldiers and destroying a military vehicle.
Israeli Army Radio reported that 12 soldiers were injured when the drone struck a military position in the Shomera settlement. Two soldiers were “moderately” injured while 10 sustained minor wounds, Army Radio added, also revealing that other soldiers may be transferred to the hospital later for anxiety and ringing in the ears.
Source: Israeli...
Read more
Jul 7, 2026 / Tyler Durden
China Test-Launches Nuclear-Capable Ballistic Missile In Pacific, Alarming Neighbors
China Test-Launches Nuclear-Capable Ballistic Missile In Pacific, Alarming Neighbors
Via The Cradle
The Chinese navy on Monday test-launched a strategic missile from a nuclear submarine in the Pacific Ocean in the framework of its annual military exercises.
"At 12.01pm on July 6, a strategic nuclear submarine of China's People's Liberation Army Navy successfully launched a... strategic missile carrying a training simulation warhead into the relevant high seas of the Pacific Ocean," spokesperson Wang Xuemeng said in a statement posted on WeChat.
via Reuters
"This missile test launch is a routine arrangement of China's annual...
Read more
Jul 20, 2026 / Tyler Durden
The Next Phase Of Shrinkflation: Rolling Blackouts
The Next Phase Of Shrinkflation: Rolling Blackouts
Via SchiffSovereign,
The lights went on at approximately 3pm on September 4, 1882 in New York City.
Thomas Edison (with major funding from JP Morgan) had spent roughly two years building the first-ever commercial power plant, located in Manhattan’s financial district. Its total capacity was about 600 kilowatts… barely enough to power a single rack of GPUs today.
But at the time it was nothing short of miraculous.
Edison’s coal-fired DC power plant initially served just 82 customers, and electricity was nothing more than a luxury flex by the...
Read more




