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Hormuz Closure 'Inflicting Enormous Impact' On Asia: Japan's PM Takaichi
Hormuz Closure 'Inflicting Enormous Impact' On Asia: Japan's PM Takaichi
The closure of the Strait of Hormuz is "inflicting enormous impact" on the Asia-Pacific region, Japanese Prime Minister Sanae Takaichi said Monday in somewhat dramatic remarks before the press.
Takaichi's words were issued from Canberra, on the occasion of Japan having signed agreements with Australia on critical minerals, energy security, and defense cooperation amid high-level talks with Prime Minister Anthony Albanese. Albanese in turn endorsed her assessment, stating: "Today, (we are) again facing an energy shock and global instability... Our partnership helps...
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May 26, 2026 / Tyler Durden
Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets
Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets
Authored by Wolf Richter via Wolf Street,
The price drops are getting relentlessly steeper: In 24 bigger markets, prices of mid-tier condos through April have dropped by 15% to 33% from their respective peaks between 2021 and 2024.
Each of the markets is shown in a chart below: 24 mindboggling charts, depicting breath-taking price explosions, especially from mid-2020 to mid-2022, exceeding 50%, 60%, or even 70% in just two years in some cities. In the 10 years to the peak,...
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May 18, 2026 / Philip Giraldi
More Wars and Rumors of Wars
President Donald Trump is back from his business trip to China which had a lot of ambiguity over issues like Taiwan without having done either much discernible damage or benefit to American interests. The trip ended with the American participants dropping all the gifts that they had received from the Chinese into a large garbage bin on […]
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Jun 23, 2026 / Dave DeCamp
UN Commission: Israeli Forces Deliberately Targeted Children in Gaza, Resulting in Genocide
A UN fact-finding body set up to investigate potential war crimes in Israel and the occupied Palestinian territories has published a report that concluded Israeli forces deliberately targeted children in Gaza, resulting in genocide and crimes against humanity. The report, published by the Independent International Commission of Inquiry on the Occupied Palestinian Territory and Israel, […]
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