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Bessent's "Suffocating" Iranian Regime Strategy Materializes In Kharg Island Satellite Imagery
Bessent's "Suffocating" Iranian Regime Strategy Materializes In Kharg Island Satellite Imagery
Treasury Secretary Scott Bessent's description of "suffocating" the Iranian regime through economic and financial pressure, whether via sanctions or the US military blockade of the world's most critical maritime chokepoint, now appears to be showing up in the data.
New geospatial intelligence indicates that Iran's main crude export terminal has gone quiet, while a separate report suggests seaborne oil exports have effectively been halted for the past month.
The first report comes from Bloomberg, which cited European satellite imagery showing a...
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Jul 2, 2026 / Tyler Durden
Sin(a)tra
Sin(a)tra
By Michael Every of Rabobank
Sin(a)tra
Let’s be Frank: the central banker pow-wow at Sintra had a touch of Sinatra. Fed Chair Warsh belted out “I’ll do it MYYYYYY way,” and everyone else chimed in that they’d had a few regrets about how they’ve run monetary policy and were coincidentally now mentioning them.
Markets swooned when Warsh stated the case for Fed independence and that anyone expecting tolerance for inflation above 2% “would be disappointed.”
Yet he also sang with an AI autotune. While the current “AI shock” is driving a boom in...
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Jul 2, 2026 / Tyler Durden
Paris Deputy Mayor Blames US Air Conditioning For French Heat Wave
Paris Deputy Mayor Blames US Air Conditioning For French Heat Wave
The peasantry is not allowed to have creature comforts, otherwise, they might start thinking like free men. So, let them eat cake (and fight each other over the last few box fans).
As we covered last week, over 1.2 million tourists have traveled to each US city hosting a World Cup game, and the resulting culture shock has gone viral across social media. Notably, European visitors have been surprised by American infrastructure, hospitality and, strangely, air conditioning.
Apparently, European media and...
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Feb 21, 2026 / Mises Institute
Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City
This event shows how entrepreneurs are advancing free-market solutions beyond our broken political system, with speakers highlighting real-world alternatives in health care, entrepreneurship, and economic policy.
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