Dubai's Shipping Hub Status Under Pressure As Some Industry Veterans Eye Greece

AI's Core Flaw: "Mass Regurgitation Of Misinformation" Authored by Charles Hugh Smith via OfTwoMinds blog, These immense hidden costs will not show up in GDP until they collapse the entire house of speculative gambling cards propping up the global economy. I approach all AI topics with several things in mind. One is the nature of problems, which implicitly define what qualifies as solutions, and the resulting incentive to define the "problem" such that the "solution" happens to be the one we own and control. So the "problem" AI solves is "corporate profits are too low," and so...

Fragile Iran 'Pause' Shattered As US Base In Jordan Comes Under Attack, Oil Soars Summary Oil soars on reports of Iran targeting US Jordan base; Iraqi militants attack KSA for 2nd day. Hormuz indirect talks continue amid reports of a possible resurrected MoU deal. Shipping remains stalled with virtually no tanker traffic through Hormuz. Iran insists Hormuz stays closed unless its terms are accepted. Houthis escalate attacks, prompting more ships to avoid the Red Sea. *  *  * Fresh Unilateral Strikes on Jordan Base; Iraqi Militants Again Target KSA  Iranian state media in the overnight hours (local) are reporting...