If The British Lose The Falkland Islands It Will Be Their Own Fault

Iran FM Accuses Israel Of False Flag After Mystery Drone Strike On Egyptian Port Iran is suggesting that Wednesday's unprecedented drone attack on a US-owned gas-processing vessel moored at Egypt's Mediterranean port of Damietta was a false flag. Even within hours of the incident first being reported by Egyptian authorities, which merely described an industrial fire of unknown cause, the incident was shrouded in mystery and contradictory reports. Some reports pointed to the Iranians, while others alleged the Houthis may have attacked the Mediterranean port. via TradeArabia Reuters had described, "The drone hit floating...

"Chinese Empire Is Next": Townsend Warns Beijing's Energy Dominance Is Rewriting The Global Order Veteran energy economist Dr. Anas Alhajji said during last night’s ZeroHedge debate that Iranian crude trading activity reflects a serious peace deal sticking. Alhajji joined Jeff Currie, co-chair of Abaxx Exchange, and Erik Townsend of Macro Voices to weigh in on the Iran deal’s implications for oil prices, which he believes are poised for a significant decline. Townsend, meanwhile, thinks China will come out on top.  Currie, unlike Alhajji, remains bullish crude due to supply constraints and, assuming...

Futures Tumble As Latest Chinese "DeepSeek Moment" Sparks Chip Meltdown A surprise breakthrough from Chinese AI startup Moonshot (which is now at the top of the Frontend code benchmark on Arena) rumbled through global markets, sending chip stocks reeling, as queasiness returned about the industry’s unprecedented spending spree (something we have been warning about for the past year). Moonshot claims its new Kimi K3 model rivals top offerings from OpenAI and Anthropic in a release reminiscent of last year’s “DeepSeek moment.” It came as President Xi Jinping appeared at China’s premier...