Taxpayers Foot Staggering £629 Million Bill For Foreign Nationals In UK Prisons

Futures Slide, Oil Surges As Iran War Returns, Chip Stocks Tumble As Korea, SK Hynix Crash US equity futures are lower on a combination of US/Iran escalation (which is feeding inflationary concerns) and a violent crash in South Korean stocks (which saw SK Hynix plunge by 15% overnight, the most on record, and unironically follows its record ADR launch in the US), which has put Semis and tech under renewed pressure. On the former, this drove oil prices higher overnight, but gains have been cut in half. On the latter, there...

The Technate Was Always Coming Authored by Mark Jeftovic via BombThrower.com, And what you can do about it (besides complaining). Palantir dropped a manifesto last weekend. 22 bullet points distilled from Alex Karp’s book The Technological Republic, posted to X with the casual framing of “because we get asked a lot.” I haven’t seen a reaction so widespread, unanimously opposed and viscerally aghast since James Damore’s infamous “Google’s Ideological Echo Chamber”. The usual suspects lost their shit. Engadget called it “the ramblings of a comic book villain.” TechCrunch clutched its pearls at the bits about “regressive” cultures...

Iran Believes It Can Outlast US Based On 'Munitions, Markets, & Midterms'; Trump 'Not Open' To Tehran's Latest Proposal As 'Tank Tops' Loom Summary Trump doesn't appear open to Iran's proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). First crude-laden Japanese tanker from Saudi port exits Hormuz Strait successfully without Iranian interference. Iranian analyst describes that Tehran believes it can outlast Trump & the standoff with US in Hormuz, citing "munitions, markets, and the midterms." Will Donald Trump announce that the United States blockade of the Strait...