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The UK's New Multinational Naval Initiative Aims To Contain Russia In The Arctic & Baltic
The UK's New Multinational Naval Initiative Aims To Contain Russia In The Arctic & Baltic
Authored by Andrew Korybko,
General Sir Gwyn Jenkins, head of the British Royal Navy, announced that his counterparts from the 10-nation Joint Expeditionary Taskforce comprised of the UK, Norway, Sweden, Denmark, Finland, Iceland, Estonia, Latvia, Lithuania and the Netherlands agreed to create “a family of allied fleets”. Officially known as the “Northern Navies Initiative” (NNI), it’s explicitly aimed at containing Russia in the Arctic and Baltic. This represents the evolution of the UK’s Arctic-Baltic policy that was elaborated...
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May 19, 2026 / Tyler Durden
Berkshire Trolls The AI Bubble By Buying Macy's
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Submitted by QTR's Fringe Finance
For the better part of the last year, Wall Street has behaved like a teenager who just discovered Red Bull and leverage at the same time. Anything remotely tied to artificial intelligence has soared into the financial stratosphere.
Startups with no revenue, no profits, and occasionally no actual product are raising millions or billions because their founders can say the words “large language model”. Public company CEOs now jam “AI” into earnings calls with the same shamelessness that “trendy” gastropubs have...
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Mar 3, 2026 / Kyle Anzalone
Zelensky Fear Long US War with Iran Will Cut Arms Transfers to Ukraine
President Volodymyr Zelensky is concerned that a protracted conflict in the Middle East will limit the number of weapons that are provided by Western countries to Ukraine. Zelensky informed reporters via WhatsApp on Monday that a long war between the US and Iran “will certainly affect supplies.” “So far, everything is going as it was, […]
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Mar 22, 2026 / Tyler Durden
Oil & Stocks Mixed To Start Week As War Escalates & Gamma Unclenches
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Update (1845ET): After an initial kneejerk higher in oil and lower in stocks, things have settled a little with both hovering around unch...
Brent is sliding a little from Friday's highs...
Equity futs are back around unch...
There's a long way til dawn...
* * *
Following a weekend where geopolitical headlines swung from "winding down" (Friday after the close) to threats, deadlines, and "obliteration" tit-for-tat talk suggesting no end in sight, it is perhaps no surprise that oil prices are up...
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