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'Mission Impossible' Begins: Watch Live As Kevin Warsh Is Sworn In As 17th Fed Chair
'Mission Impossible' Begins: Watch Live As Kevin Warsh Is Sworn In As 17th Fed Chair
Kevin Warsh, who’s promised the biggest shakeup in decades at the US central bank, is set to be sworn into office this morning at 1100ET in a White House ceremony as the 17th chair of the Federal Reserve.
Warsh takes over at a tense moment for the economy and the central bank. Inflation has reaccelerated, driven by the impact of war in the Middle East on energy supplies. The Fed, meanwhile, has been battered by President...
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Jul 16, 2026 / Tyler Durden
Russia Struggles To Deliver Crude Oil As It Hits 135 Million Barrel Traffic Jam
Russia Struggles To Deliver Crude Oil As It Hits 135 Million Barrel Traffic Jam
Russia is struggling to deliver all of the crude it’s being forced to ship overseas in the face of escalating Ukrainian drone strikes on its refineries.
Nearly 135 million barrels of Russian crude oil are currently stranded at sea as a result of Ukraine’s airstrike campaign targeting refineries with the intent to cripple crude processing. The offshore backlog is forcing Moscow to significantly ramp up export volumes according to OilPrice.com.
Intensive Ukrainian drone strikes, including recent hits on the Gazprom...
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May 1, 2026 / Tyler Durden
US Pledges $100 Million To Repair Chornobyl Nuclear Plant
US Pledges $100 Million To Repair Chornobyl Nuclear Plant
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The U.S. Department of State intends to offer up to $100 million in foreign assistance toward a G7 initiative to repair the Chornobyl nuclear plant’s protective structure that was damaged in Russian strikes.
A visitor touring the former Chernobyl nuclear power plant takes a photo through a window looking toward facilities that house reactors 1 and 2 near Chernobyl, Ukraine, on Sept. 29, 2015. Sean Gallup/Getty Images
The plant, located in Ukraine, was the...
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May 28, 2026 / Tyler Durden
US Nuclear Recycling Plant Could Extract 100 Times More Energy From Uranium Fuel
US Nuclear Recycling Plant Could Extract 100 Times More Energy From Uranium Fuel
Authored by Georgina Jedikovska via Interesting Engineering,
A US startup has joined forces with the nation's first national laboratory to recycle spent nuclear fuel into energy for fast reactors by using advanced pyroprocessing technology.
New York-based nuclear technology company BLSK Energy announced on May 18 that it had signed a Cooperative Research and Development Agreement (CRADA) with Argonne National Laboratory (ANL) in Illinois to commercialize the method.
Used nuclear fuel containers.
Pyroprocessing (or pyrochemical processing) is a high-temperature metallurgical process that...
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