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Trump Issues Letter Rejecting Congressional Oversight For War, Citing Ceasefire Has 'Terminated' Hostilities
Trump Issues Letter Rejecting Congressional Oversight For War, Citing Ceasefire Has 'Terminated' Hostilities
Summary
Trump submits letter to Congress at 60-day mark: ceasefire 'terminated' hostilities & so doesn't need authorization, he argues.
US Treasury goes after Hormuz payment fees, sanctioning three Iranian foreign currency exchange houses. Bessent issues pressure points against Iranian 'rats'.
White House officials argue the current absence of fighting between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire.
Trump on Friday rejects Iran's latest revised proposal to...
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Apr 30, 2026 / Tyler Durden
Berlin And Hamburg Spend At Least €4 Billion On Housing Asylum Seekers Since 2022
Berlin And Hamburg Spend At Least €4 Billion On Housing Asylum Seekers Since 2022
Via Remix News,
Two German cities, Berlin and Hamburg, have spent at least €4 billion to house migrants since 2022, with the cost of hotels proving to be especially high.
In Hamburg, the cost to house asylum seekers alone has amounted to €597 million. In 2025 alone, the costs of hotel accommodation and meals for asylum seekers in Hamburg was €160 million, which does not include security and administrative costs.
However, that is just for hotels. It costs Hamburg...
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Mar 1, 2026 / Tyler Durden
AI Boom And European Bond Markets: A Deep Dive
AI Boom And European Bond Markets: A Deep Dive
Submitted by Thomas Kolbe
The “credit pump” could rightfully claim its place as a symbolic flag of the European Union. With virtually unlimited access to the bond market, politics magically transforms an inexhaustible credit stream into political maneuvers and ideological wizardry. Through this manipulation of money, processes and institutions are transplanted into the real world that, under normal circumstances, could never have surpassed the fantasies and limits of political ideology.
Wind turbines in forests, fully electric cargo bikes in an industrial nation that...
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Apr 30, 2026 / Tyler Durden
Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again
Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again
Ahead of today's AAPL earnings report, we've had a mixed picture from Mag 7 earnings so far: GOOGL soared to a record high, MSFT and AMZN both dropped (although they recovered much of their losses throughout the day) and META crashed, all on different reads of their capex. Which leaves AAPL to complete the picture of the big 5 megacaps (with NVDA set to report in a few weeks). As we previewed earlier, focus today...
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