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Persian Gulf Countries 'Refused' UAE Call For Joint Attack On Iran
Persian Gulf Countries 'Refused' UAE Call For Joint Attack On Iran
Via The Cradle
The UAE tried but failed to persuade neighboring states, including Saudi Arabia and Qatar, to take part in a coordinated military attack on Iran, Bloomberg reported Friday, citing sources familiar with the matter.
UAE President Mohammed bin Zayed (MbZ) spoke by phone with Saudi Crown Prince Mohammed bin Salman (MbS) and other regional leaders to propose the coordinated attacks, shortly after the US and Israel launched the war on Iran on February 28, the sources said.
During the calls, MbZ argued that...
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Mar 22, 2026 / Tyler Durden
Glitch Shuts Australia's Biggest Maker Of Vital Fertilizer Input For 2 Months At Worst Possible Time
Glitch Shuts Australia's Biggest Maker Of Vital Fertilizer Input For 2 Months At Worst Possible Time
Australia's largest ammonia plant will be shut for two months to repair damage caused by a power outage, amidst a global supply crunch for the vital fertiliser and explosives ingredient.
To say that the shutdown comes at the worst possible time for the global fertilizer market would be an understatement: more than a quarter of the world's traded ammonia flows through the Strait of Hormuz, as do 43% of urea shipments, the fertilizer made from...
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May 11, 2026 / Tyler Durden
Key Events This Week: CPI, PPI, Retail Sales, Trump-Xi Summit
Key Events This Week: CPI, PPI, Retail Sales, Trump-Xi Summit
As DB's Jim Reid tallies overnight, it has now been 73 days since the war in Iran began, with the past 32 marked by a stalemate characterized by a mix of truce and ongoing ceasefire. The absence of any meaningful kinetic activity for over a month suggests a firm US preference for reaching a deal. However, a counterpoint is that uncertainty over who holds negotiating authority in Iran may be complicating progress and delaying more difficult times ahead. It remains...
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May 29, 2026 / Tyler Durden
99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode
99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode
Authored by Michael Snyder via The Economic Collapse blog,
Our economy is being transformed at a faster pace than we have ever experienced before. Thanks to giant leaps in the field of artificial intelligence, human labor is not as valuable as it once was. All over the world, millions of human workers are being replaced and that trend is only going to accelerate. For those that have already retired or are on the verge of...
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