Iran’s Parliament Speaker Calls for ‘Maintaining Unity’ in the Face of US Blockade, Economic Sanctions

US Fighter Jet Downed In Iran, Large Aerial Search Underway For Crew Iranian media has announced that national forces have shot down a US fighter jet, and a US search and rescue effort is is active over Iran in an effort to locate two crew. Israeli media as well as Axios are also reporting it, with emerging photos and videos suggesting it is an F-15 fighter jet. "Iranian state media published pictures and videos that allegedly show parts of the downed plane and one of the ejection seats," Axios writes. Photos initially...

The de-escalation framework that unfolded in the US-Iran Lucerne talks largely stayed true to the original Iranian 10-point plan. Meanwhile, President Trump and Vice-President Vance deliberately muddy the waters, claiming that Iran has already agreed to IAEA inspections of Iran’s nuclear facilities (a claim repeatedly denied by Iran): Vance announced that the IAEA could have […]

662 Billion Reasons To Worry: Moody's Raises AI Data-Center Funding Fears As Apollo Shops Huge Anthropic Debt Deal Unless you have lived under a rock for the last year (or month), you will know that the explosive growth of artificial intelligence is fueling a massive infrastructure buildout. In a chart book published nearly simultaneously with Moody’s report, Apollo Global Management chief economist Torsten Slok worked to put the enormity of data center spending into perspective. With total capital expenditure on data centers estimated at roughly $646 billion, or about 2% of U.S. GDP, Slok noted that is...