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Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira
Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira
Two months ago, at the end of March, we reported that Turkey was aggressively dumping its gold reserves in a panic scramble to obtain dollar funding, which Erdogan's regime was using to keep the Turkish lira from crashing, and to also pay for energy imports which had suddenly soared in price as a result of the Iran war.
The violent selling by Turkey (and other emerging markets) was behind the brutal plunge in gold prices, which tumbled...
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Roblox Settles With 3 States Over Endangering Children, Will Pay $36 Million
Roblox Settles With 3 States Over Endangering Children, Will Pay $36 Million
Authored by Naveen Athrappully via The Epoch Times,
Online interactive gaming platform Roblox has agreed to settle with West Virginia, Alabama, and Nevada for a combined $35.78 million, committing to strengthen children’s safety through measures such as mandatory age verification and chat restrictions.
Roblox reached an $11.08 million settlement with West Virginia. In an April 21 statement, the office of West Virginia Attorney General John B. McCuskey said that Roblox has agreed to “major child safety overhaul.” The settlement came...
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Jun 9, 2026 / Tyler Durden
U.S. Fertilizer Prices Erase War Spike, But El Nino Keeps Food Inflation Risk Elevated
U.S. Fertilizer Prices Erase War Spike, But El Nino Keeps Food Inflation Risk Elevated
The good news for US farmers is that urea fertilizer prices have returned to pre-US-Iran conflict levels after spiking from late February through mid-April. This is great news for farmers, though they are not out of the woods, as drought continues to plague some of the nation’s top agricultural belts.
Prices for granular urea in New Orleans have slumped 36% since peaking at $710 per short ton in mid-April. Spot prices are currently $453, back to pre-conflict...
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