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Beijing Flip-Flops, Asks Banks To Pause Loans To Sanctioned Refiners Days After Ordering Them To Ignore Sanctions
Beijing Flip-Flops, Asks Banks To Pause Loans To Sanctioned Refiners Days After Ordering Them To Ignore Sanctions
Over the weekend, we reported that in what some called a "watershed moment", Beijing ordered Chinese companies not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified. Of note, China's refiners - including Hengli Petrochemical (Dalian) Refinery which was sanctioned last month and several other...
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Sep 22, 2026 / Tyler Durden
UK's Burnham Approves Military Support To Saudis, Limited To Aerial Refueling
UK's Burnham Approves Military Support To Saudis, Limited To Aerial Refueling
The UK has finally made a formal decision on the intense political and foreign policy question it has faced for the couple weeks since the Houthis started making rapid gains against the Saudi-backed coalition in Yemen.
London has announced it will increase its military support to Saudi Arabia, albeit it has become clear that this will still be very limited. "We're doing it for national security reasons in support of our own national security," Defense Minister Luke Pollard told Sky...
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May 18, 2026 / Tyler Durden
"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns
"Shockingly Bad" Chinese Econ Data Stuns Wall Street, Sparks Hard Landing Concerns
Confirming our Sunday preview, overnight China reported growth data which slowed across the board in April with investment resuming declines, retail sales missing sales and growing at the weakest rate in 4 years while industrial production rose at the slowest pace in three years, calling into question Beijing's reluctance to add stimulus to the economy as a global energy crisis hits factories and consumers across the world.
China's Monday data dump of official data on Monday painted a picture of...
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Apr 2, 2026 / Tyler Durden
Rumors Of Pam Bondi Ouster A-Swirlin'
Rumors Of Pam Bondi Ouster A-Swirlin'
Leaky little sharks are circling in DC - telling the NY Times and CNN that Pam Bondi may soon be out as Attorney General, and replaced with EPA Administrator Lee Zeldin.
The frustration, per sources close to the White House cited by The New York Times and CNN, centers squarely on Bondi's catastrophic mishandling of the Jeffrey Epstein files - a saga ZeroHedge has chronicled in excruciating detail as one of the most embarrassing self-inflicted wounds of the second Trump term. Recall Bondi's infamous February 2025 Fox News appearance where she...
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