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Apr 11, 2026 / Tyler Durden
The 'Leading UK Scientists' Letter Urging Abandonment Of North Sea Is Ideology Masquerading As Science
The 'Leading UK Scientists' Letter Urging Abandonment Of North Sea Is Ideology Masquerading As Science Authored by Tilak Doshi via Tilak’s Substack, The Financial Times reported on Good Friday that “more than 65 leading UK scientists” had signed an open letter, published as a Google Doc, urging the Government to abandon new North Sea oil and gas drilling in favour of renewables. “Here is the scientific establishment speaking with one voice,” the FT tells us, warning against the supposed folly of extracting what remains of Britain’s hydrocarbon resources and to choose renewables that, according to the scientist-signatories, provide...
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May 15, 2026 / Tyler Durden
US Industrial Production Surged In April
US Industrial Production Surged In April Despite record low consumer sentiment (if you believe UMich), this morning saw the Empire Fed survey show New York state factory activity expanded in May at the fastest pace in four years, and firms grew more optimistic about the outlook. That was followed by a much hotter than expected Industrial Production print (up 0.7% MoM vs +0.3% MoM exp and higher than the highest estimate) for April (and March's decline revised stronger), lifting annual growth up to +1.35% YoY... Source: Bloomberg April's gain for US industrial production was...
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Apr 21, 2026 / Tyler Durden
Scammers Demand Crypto From Stranded Ships In Strait Of Hormuz: Report
Scammers Demand Crypto From Stranded Ships In Strait Of Hormuz: Report Authored by Amin Haqshanas via CoinTelegraph.com, Fraudulent actors posing as Iranian authorities have reportedly sent messages to shipping companies whose vessels remain stranded west of the Strait of Hormuz, demanding payment in cryptocurrency for safe passage. On Monday, maritime risk company Marisks issued a warning saying unknown groups had contacted shipowners claiming to represent Iranian security services and requesting transit “fees” in Bitcoin or USDt in exchange for clearance through the strait, according to Reuters. “These specific messages are a scam,” Marisks reportedly said,...
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