40,000 U.S. Retail Stores Could Close By 2030

On The Hidden Fragility Of Our Energy-Dependent World & The Cascading Consequences Of A Supply-Shock That Money Alone Can't Fix Authored by Milan Adams via Preppgroup blog, For a long time, I accepted the same framework most people in finance operate within—that the global economy is, at its core, a system governed by monetary policy, shaped by interest rates, and stabilized by central banks. It’s an appealing idea because it suggests control. If growth slows, you lower rates. If inflation rises, you tighten conditions. If markets panic, you inject liquidity. There is...

Saudi Arabia Turns Taiwan Into Drone Export Leader As Iran War Reshapes Warfare New data show that Saudi Arabia purchased a record $47.2 million worth of small drones from Taiwan last month, underscoring how governments are beginning to rapidly procure suicide drones. Bloomberg was the first to cite new data from Taiwan's Ministry of Finance showing that drone exports surged in June, driven by a record order from Saudi Arabia. The timing suggests Riyadh absorbed many hard lessons during the US-Iran conflict and is moving quickly to build stockpiles of one-way...

Lebanon’s Health Ministry has reported at least 10 people killed today in a flurry of Israeli airstrikes in the south of the country. At least six of the slain were reportedly paramedics and one was a Syrian child. The larger of the two strikes targeted the Shi’ite village of Deir Qanun. Six people were killed […]