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US Has No Plan To Renew Iranian, Russian Oil Waivers, Bessent Says
US Has No Plan To Renew Iranian, Russian Oil Waivers, Bessent Says
Authored by Kimberley Hayek via The Epoch Times,
U.S. Treasury Secretary Scott Bessent said on April 24 that the United States will not renew the sanctions waivers that enabled buyers to take delivery of Iranian and Russian crude already loaded on tankers at sea.
Bessent said a one-time license covering Iranian oil on the water would not be extended, calling it “totally off the table.” The parallel waiver for Russian oil and petroleum products will also be allowed to end,...
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Aug 21, 2026 / Tyler Durden
Situational Flipping: Citadel Has Dumped Almost All Of The Stocks It Acquired From Leopold Aschenbrenner
Situational Flipping: Citadel Has Dumped Almost All Of The Stocks It Acquired From Leopold Aschenbrenner
After the market learned in late July that Leopold Aschenbrenner's Situational Awareness hedge fund had blown up under too much Total Return Swap and option leverage (as we had warned a month earlier would happen), the next big question facing investors was: how long would Citadel keep the positions it bought from Leopold (at a huge market and transactional discount - recall Citadel only agreed to purchase the public book at a 10% discount off...
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Sep 28, 2026 / Tyler Durden
California's Newsom Signs Memecoin Ban And Calls It 'The Opposite Of Trump'
California's Newsom Signs Memecoin Ban And Calls It 'The Opposite Of Trump'
Authored by Omkar Godbole via CoinDesk,
President Donald Trump has made millions from memecoins, but politicians in California don't have that chance anymore.
On Sunday, California's Governor Gavin Newsom signed a law that bans the state's public officials from issuing memecoins, or cryptocurrencies representing a famous personality, internet joke or viral trend rather than a specific use case.
The measure, AB 2409, was signed along with 10 other bills on corruption and consumer protection. Others set rules for paying back crypto...
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Mar 27, 2026 / Tyler Durden
Tiger Woods Involved In "Rollover Crash" On Jupiter Island
Tiger Woods Involved In "Rollover Crash" On Jupiter Island
Golf pro Tiger Woods has reportedly been involved in a "rollover crash" on Jupiter Island, just north of Palm Beach County in Martin County, according to local media outlet WPTV.
The Martin County Sheriff's Office said the accident occurred near 281 Beach Road on Jupiter Island in Hobe Sound. Property records from Zillow show the closest house to the accident is valued at $14.8 million.
The sheriff's office has yet to say what happened or whether Tiger was injured.
If the report is correct,...
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