Bessent Says US, China To Launch AI Safety Talks After Trump-Xi Meeting In Beijing

Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900 By Stuart Chirls of AmericanShipper The container shipping market is being driven by geopolitics, rates, and network reshuffling, but freight-rate volatility and adjustments by carriers to protect schedules and pricing has supplanted Middle East disruptions as top-level concerns. Asia-U.S. West Coast prices increased 8% to $6,175 per forty foot equivalent unit (FEU), according to Freightos, a data contributor to SONAR ocean market data. Prices for Asia-U.S. East Coast transportation also rose 8%, to $7,998 per FEU. SONAR‘s Ocean Supply/Demand Index reflects the...

Nuclear Reactor Transported By Air For First Time In 60 Years In coordination with the Department of War and the Department of Energy, Valar Atomics has transported their high-temperature gas-cooled reactor from California to Utah via C-17.  The event marks a major turning point for the nuclear industry, as reactor developers had been seen until this point as just another group of boring construction teams and quiet operators. But the more glamorous side of venture capital funded efforts is starting to make its way into the world of fission. Today, the Department...

Iranian Foreign Minister Abbas Araghchi said on Thursday that Iran is ready to fight US ground troops amid indications that the Trump administration is preparing to send forces into the country. Araghchi was asked during an appearance on NBC News if Iran was afraid of a US ground invasion. “No, we are waiting for them,” […]