Meta Raising $13 Billion SPV For Texas Data Center As Its CDS Hits Record

Contrary to the myth that kings routinely ruled over cowed subordinates by "divine right" in the Middle Ages, civil governments of the period faced countless institutional obstacles to the exercise of power.

Is Trump Preparing To "Escalate To De-Escalate" With Russia? Authored by Andrew Korybko, He feels personally insulted by Putin rejecting his proposal to freeze the conflict in exchange for a resource-centric strategic partnership and also, whether one agrees with him or not, senses weakness after the US built a “cordon sanitaire” around Russia over the past year. Trump signed the “G7 leaders’ statement on geopolitical issues” agreeing “to increase the delivery of air defence capacities, additional systems and interceptors, and long-range capabilities. We are also ready to consider extending to Ukraine the...

Record Ground Beef Prices May Finally Be Breaking Consumer Demand Last week's retail sales report provided fresh evidence that the K-shaped economy is buckling, with national average gasoline prices still printing above $4 a gallon and discretionary spending weakening. Consumer stress is now surfacing in the grocery aisle: as beef prices hover near record highs, Americans are beginning to trade down to cheaper proteins. Bloomberg cites new data from Chicago-based market research company Circana, showing that beef sales volumes declined .3% during the 13 weeks through mid-July. Volumes had risen about...