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Intel Leak: Russia Mulled Giving Iran Un-Jammable Drones To Fight US Forces
Intel Leak: Russia Mulled Giving Iran Un-Jammable Drones To Fight US Forces
Russia offered Iran thousands of advanced drones built to bypass electronic jamming systems, along with training for attacks on US troops in the Middle East, according to a confidential intelligence document obtained and reviewed by The Economist.
Already the two countries have deepened their defense ties in the context of the years-long Ukraine war, with Tehran providing tens of thousands of Shahed suicide drones, but this fresh allegation points to potential increasing Russian involvement against the United States in...
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Apr 9, 2026 / Tyler Durden
Trump 'Optimistic' An Iran Deal Within Reach, After First Non-Iranian Tanker Transits Hormuz Since Ceasefire
Jul 15, 2026 / Tyler Durden
SpaceX Shares Fall Below $135 IPO Price, But The Real Story Is Its Bonds
SpaceX Shares Fall Below $135 IPO Price, But The Real Story Is Its Bonds
SpaceX has slipped below its much-hyped $135 IPO price, and down 40% from the all time high hit during the June 15th gamma squeeze when the stock surged above $220 if ovenright trading, an "inevitable outcome" according to Bloomberg, which lends some validation to the skepticism surrounding "a valuation that always relied more on imagination than observable fundamentals."
Wall Street’s price target estimates spanned from roughly $60 to $800 (from Raymond James), a forecast that was 5x...
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May 18, 2026 / Tyler Durden
Behind Turkey's Gold Sales: The Biggest Ever Plunge In Foreign Reserves
Behind Turkey's Gold Sales: The Biggest Ever Plunge In Foreign Reserves
Shortly after the Iran war started, with gold unexpectedly tumbling, we showed that the reason behind gold's paradoxical move - after all, the precious metal has traditionally been a store of value in times of geopolitical stress - was the furious liquidation of gold by emerging markets, in this case Turkey, scrambling to obtain reserve dry powder so Ankara could cover soaring costs of energy imports.
And indeed, the latest central bank data showed that Turkey’s foreign reserves had their biggest...
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