Nearly 70% Inflation, Mass Layoffs, And A Strangled Economy: Iran's Brutal Test Of Endurance

The head of US Southern Command (SOUTHCOM) made a surprise visit to Venezuela to meet with the interim government. “SOUTHCOM Commander Gen. Francis L. Donovan concluded a visit to Venezuela today for productive meetings with Venezuelan interim authorities,” a statement from SOUTHCOM posted on Thursday said. “SOUTHCOM is committed to advancing the National Security Strategy […]

US Already Spent Over $42 Billion & Counting On Iran War This week will see the Iran war reach 40 days of fighting, which is a far cry from the mere "four days" some US administration officials offered as a possible 'optimistic' timeline at the very opening of Trump's Operation Epic Fury. According to the Iran War Cost Tracker portal, the US military operation has cost more than $42 billion thus far. The tracker has arrived at this figure largely based on a Pentagon briefing to Congress on March 10, which disclosed...

Chinese Grid Operators Resist Plans To Boost Renewables To Power AI Authored by Charles Kennedy via OilPrice.com, Grid operators are concerned that the Chinese drive to hike the share of renewable electricity powering AI would raise the risks for power firms as peak demand at data centers is difficult to forecast. Industry analysts and officials have told Reuters that the Chinese strategic priority of having renewables power the majority of electricity demand at data centers by 2030 may not be feasible. “From what we understand, they (data centers) cannot really adjust power consumption load much,”...