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Iran Proclaims Safe, Toll-Free Passage For 30 Chinese Tankers Amid Xi-Trump Summit
Iran Proclaims Safe, Toll-Free Passage For 30 Chinese Tankers Amid Xi-Trump Summit
During President Trump's ongoing state visit to China, he and President Xi Jinping agreed that the Strait of Hormuz must be open for the free flow of energy. They along with their senior officials have expressed agreement that no country can be allowed to exact shipping tolls in the Strait of Hormuz.
Following this, Thursday saw Iranian state media proclaim that some 30 Chinese vessels are being allowed safe passage by Iran. Bloomberg also freshly reports, "The vessels were allowed to pass...
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Jun 3, 2026 / Philippe Lemieux
Praxeology as an Antidote to Hyperreality
Government economic policies reflect abstract ideas of what agents wish reality were like. Praxeology is not beholden to abstract economic fantasies.
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Oct 15, 2026 / Tyler Durden
NOAA Winter Outlook: Record El Niño Points To Wetter South, Warmer North
NOAA Winter Outlook: Record El Niño Points To Wetter South, Warmer North
El Niño is a warm patch of water in the equatorial Pacific that shows up every few years and confuses everyone as to what it's actually going to do. When the eastern Pacific runs hot, the jet stream drops south and drags the storm track with it. That is why a water temperature reading off South America decides whether California floods and the Gulf gets hammered.
NOAA's winter outlook, released this morning, favors a wetter than average December through...
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Sep 16, 2026 / Tyler Durden
Democrats Still Don't Know How To Read Charts
Democrats Still Don't Know How To Read Charts
Authored by Matt Margolis via PJ Media,
Democrats can be unintentionally hilarious sometimes. Gov. Gavin Newsom (D-Calif.) reposted a chart on X Tuesday claiming housing prices are "the most unaffordable in history," and that it was Trump's fault.
There was just one huge problem.
Great work, @realDonaldTrump!
— Gavin Newsom (@GavinNewsom) September 15, 2026
Then came Sen. Bernie Sanders (I-Vt.), who spent the Schumer Shutdown standoff in October 2025 defending Obamacare subsidies. In the process, he put up a chart on X arguing for expanded tax credits....
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