A Robot Economy: Who Gets Rich, Who Gets Left Behind

Trump Tells Aides US Preparing For Extended Blockade, But Could Be Open To Interim Deal With Iran Summary Trump prepares for 'extended blockade' - WSJ reports he has informed aides of risky planning. Trump TS claim: Tehran has informed Washington they are in a "state of collapse" and that the Iranians want the US to "open the Hormuz Strait" - as 'tank tops' loom. Trump doesn't appear open to Iran's proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). Tehran working on revised plan to be...

Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom The Department of Defense has filed a major update to its official list of "Chinese military companies" operating in the United States, formally naming or reaffirming high-profile firms including Alibaba, Baidu, BYD, BGI Group, and Autel as companies linked to Beijing's military-civil fusion strategy. The notice, filed on Monday and scheduled for Federal Register publication on June 10, comes just weeks before new restrictions on Department of Defense contracting with listed entities take effect...

Collateral Damage By Molly Schwartz, Cross-ASset Macro Strategist at Rabobank Negotiations between the US and Iran are going nowhere. In fact, they’re not really even happening at all. Over the weekend, Axios reported that Iran gave the US a proposal to reopen the Strait — not to end the war. The proposal includes extending the ceasefire and an assertion that any conversations about Iran’s nuclear program are off the table until the Strait is open and the US blockade is lifted. The US has not indicated whether it will accept or reject the...