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Putin In Contact With New Ayatollah, Tells FM Araghchi Iran 'Fighting For Its Sovereignty' Amid Fresh Hormuz Proposal
Putin In Contact With New Ayatollah, Tells FM Araghchi Iran 'Fighting For Its Sovereignty' Amid Fresh Hormuz Proposal
Summary
Putin tells FM Araghchi that he's been in contact with the new Supreme Leader, and says Iran fighting for 'sovereignty'
After a weekend of stalemate malaise, Iran reportedly offers new proposal for opening ship traffic, while postponing the thorny nuclear issue
Trump says peace could come via telephone rather than face-to-face meetings, also warning Iranian oil infrastructure could explode from within unless flow resumes
Iranian FM has been sending written messages to US via Pakistani intermediaries
Israel strikes...
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Mar 25, 2026 / Tyler Durden
China Signals Strong Support For Pakistani Offer To Host US-Iran Peace Talks
China Signals Strong Support For Pakistani Offer To Host US-Iran Peace Talks
China has made clear that it condemns the US-Israeli attack on Iran, saying the war should have never started, but is now signaling strong support to Pakistani-mediated efforts at finding peace.
Beijing has commented on the Pakistani offer to host US-Iran talks aimed at ending the war, with Chinese Foreign Ministry spokesman Lin Jian telling reporters in Beijing: "Ceasefire and peace talks are more important tasks at hand." The statement comes amid fresh reports that Tehran has rejected an initial...
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Apr 8, 2026 / Tyler Durden
Delta Air Lines Erases All 'Epic Fury' Losses As In-House Refinery Cushions Fuel Shock
Delta Air Lines Erases All 'Epic Fury' Losses As In-House Refinery Cushions Fuel Shock
Delta Air Lines soared in premarket trading on a combination of the U.S.-Iran ceasefire and stronger-than-expected first-quarter results, with the carrier's in-house refinery helping to lower the average jet fuel price for its fleet in the first quarter, making it appear to be one of the better-positioned carriers than most peers to withstand an energy shock.
Even without a ceasefire in the Middle East, Delta's first-quarter results only exemplified its strategic advantage over peers: its Trainer refinery...
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Jun 27, 2026 / Tyler Durden
Friedman Was Right, Just Mostly Misquoted...
Friedman Was Right, Just Mostly Misquoted...
Authored by Lance Roberts via RealInvestmentAdvice.com,
Milton Friedman’s famous one-liner that anchors half the inflation debates on financial television leaves out the part where the actual economics live. Once you put it back in, the doomist case gets a lot smaller.
Per Bylund recently wrote a sharp piece for The Daily Economy arguing that CPI and GDP have become Goodhart’s Law in action. When a measure becomes a target, it ceases to be a useful measure. He has a point, and we’ll come back to it....
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