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Iran Outraged After Assassination Of Top Shia Cleric In Damascus
Iran Outraged After Assassination Of Top Shia Cleric In Damascus
Via The Cradle
Iran's Foreign Ministry spokesman Esmail Baghaei on Sunday strongly condemned the assassination of a Syrian Shia religious cleric, describing it as a terrorist attack and "heinous crime."
On Friday, Sayyid Farhan al-Mansour, Imam of the Sayyeda Zainab Shrine in the southern suburbs of Damascus, was assassinated after a hand grenade was thrown at his vehicle. Mansour was targeted by unknown assailants shortly after he finished leading Friday prayers and was leaving the shrine.
Slain Shia cleric Sayyid Farhan al-Mansour
Baghaei said that acts...
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Apr 16, 2026 / Tyler Durden
Despite 'Survey' Sadness, Jobless Claims Slide Near Historic Lows
Despite 'Survey' Sadness, Jobless Claims Slide Near Historic Lows
The number of Americans filing for jobless benefits for the first time fell to just 207k (below the 213k expected and down from the prior 209.25k) - back near its lowest levels in 5 years (and trend towards its lowest level in 50 years)...
Source: Bloomberg
Despite a small pick up last week, Continuing jobless claims have been below the 1.9 million Maginot Line since the start of the year...
Source: Bloomberg
Finally, as the following chart suggests, while it may be "hard to get"...
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Apr 16, 2026 / Tyler Durden
IMF Warns Australia Set For One Of Highest Inflation Rates In Developed World
IMF Warns Australia Set For One Of Highest Inflation Rates In Developed World
Authored by Rex Widerstrom via The Epoch Times (emphasis ours),
The International Monetary Fund (IMF) says Australia is on track to have one of the highest inflation rates in the developed world.
Australian dollars coins in Melbourne, Australia, on April 4, 2024. AAP Image/Joel Carrett
In the latest edition of its World Economic Outlook, the global lender said economies around the world “face repercussions [from] the direct impact of higher commodity prices, indirect second-order effects on inflation expectations—which tend to...
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Mar 15, 2026 / Tyler Durden
Hormuz Chokepoint Claims Next Victim: World's Largest Aluminum Smelter Cuts Capacity
Hormuz Chokepoint Claims Next Victim: World's Largest Aluminum Smelter Cuts Capacity
The world's largest single-site aluminium smelter in the Middle East cut its output by about 20% on Sunday, marking yet another troubling development for the global economy. The disruption in the Strait of Hormuz is no longer just an energy story - it's now spreading into industrial metals. These second- and third-order effects could soon disrupt global supply chains and tighten aluminium availability, thus pressuring prices higher.
Bloomberg reports that Aluminium Bahrain (Alba) began a controlled, safe shutdown of three...
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