Those Big, Beautiful Bonds

Beijing Readies $297 Billion Data Center Buildout Blitz In Bid To Dominate AI Race The US and China are locked in a series of races, with AI now sitting at the center of nearly all of them. This is a race not only to build the leading frontier models, but to deploy them across entire economies, unleash physical AI, and convert compute power into productivity, surveillance, military, and industrial advantage ahead of the 2030s. This is the new world we are entering, and it is moving incredibly fast. The...

Global Jet Fuel Exports Hit 10-Year Seasonal Low in April Submitted by Tsvetana Paraskova of OilPrice.com Global seaborne jet fuel exports crashed to a seasonal low in April as supplies remained trapped in the Middle East and Asian refiners slashed run rates amid lower crude availability, energy flows analytics firm Vortexa said in a report on Friday. Global seaborne exports of jet/kerosene fuels slumped to as low as 1.1 million barrels per day (bpd) in April, down by 630,000 bpd from the same month last year. That's also at the lowest end...

Kanye West Banned From UK: Wireless Festival Cancelled After Home Office Revokes Travel Authorization The UK Home Office has barred Kanye West (aka Ye) from entering the country, ruling that his presence “would not be conducive to the public good.” The decision, made hours after he received an initial Electronic Travel Authorisation (ETA) on Monday, has triggered the immediate and complete cancellation of Wireless Festival, where he was set to headline all three nights in July at Finsbury Park. "The Home Office has withdrawn Ye’s ETA, denying him entry into the...