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GDP Shocker: 75% Of US Growth In The First Quarter Was Due To AI
GDP Shocker: 75% Of US Growth In The First Quarter Was Due To AI
On the surface, today's Q1 GDP print was unremarkable: Real GDP grew 2.0% annualized in the first quarter, somewhat below consensus expectations of 2.3% and reflecting a surprisingly small rebound in government spending after the shutdown drag in Q4. Federal government spending contributed only half as much to real GDP growth in Q1 (+0.6%) as it subtracted in Q4 (-1.2%), implying that the level of real federal government spending in Q1 is 2.2% below its level...
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Jun 14, 2026 / Tyler Durden
UK Intercepts 'Russian Shadow' Fleet Vessel in Unprecedented English Channel Commando Boarding
UK Intercepts 'Russian Shadow' Fleet Vessel in Unprecedented English Channel Commando Boarding
British Royal Marine Commandos conducted a high-stakes midnight raid in the English Channel on Sunday, boarding and seizing a sanctioned Russian "shadow fleet" oil tanker.
The elite UK forces conducted a fast-roping raid onto the massive crude carrier in the dead of night and into the morning daylight hours. While there's nothing new in terms of an 'illicit' Russian tanker seizure in European waters, it is rare or even unprecedented that such an action occurred in the English Channel,...
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Mar 27, 2026 / Tyler Durden
Macquarie: Two More Months Of War Could Send Oil To $200
Macquarie: Two More Months Of War Could Send Oil To $200
Submitted by Tsvetana Paraskova of OilPrice.com
Oil prices could hit a record $200 per barrel if the war in the Middle East drags on through the entire second quarter, analysts at Macquarie Group have warned.
The odds of the Iran war dragging on until June were put at 40% by the analysts in a note carried by Bloomberg. But the scenario of the war ending by the end of March currently appears more plausible, with odds at 60%, according to Macquarie.
“If...
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May 11, 2026 / Murray N. Rothbard
Nations by Consent
Every nation-state boundary was drawn by force. Should we treat them as sacred the same way we treat a house or factory? Rothbard says no, and proposes something more radical.
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