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Arab States Voice Outrage Over New 'Illegal' Embassy Opening In Jerusalem
Arab States Voice Outrage Over New 'Illegal' Embassy Opening In Jerusalem
Via The Cradle
Fifteen Arab and Islamic countries condemned on Sunday the decision of the breakaway region of Somaliland to open an embassy in occupied Jerusalem. The foreign ministers of Egypt, Saudi Arabia, Qatar, Jordan, Turkiye, Pakistan, Indonesia, Djibouti, Somalia, Palestine, Oman, Sudan, Yemen, Lebanon, and Mauritania denounced the move in a joint statement on Sunday.
The countries condemned "in the strongest terms the illegal and unacceptable step taken by the so-called 'Somaliland' region in opening a purported 'embassy' in occupied Jerusalem," according...
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Apr 20, 2026 / Tyler Durden
Key Events This Week: Warsh Nomination Hearing, Retail Sales, Fed Blackout, Earnings
Key Events This Week: Warsh Nomination Hearing, Retail Sales, Fed Blackout, Earnings
As the war in Iran enters its 8th week, Deutsche Bank's Jim Reid says that recent developments can be framed in two ways: either five steps forward towards peace and three back (seems more apt than three and two), or as evidence that the two sides remain far enough apart that a lasting deal will be extremely hard to achieve and markets have become far too optimistic. Reid leans more towards the former, but the comparison with recent history...
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Jul 11, 2026 / Tyler Durden
5 Charts To Navigate This Chaotic Market
5 Charts To Navigate This Chaotic Market
Authored by Adam Sharp via DailyReckoning.com,
I have 5 charts for you today which put this crazy market into context and give some clarity on what might come next.
We’re at a fascinating crossroads for markets, geopolitics, and finance.
Let’s get started.
Semis Party Like It’s 1999
First up, semiconductor returns. The index below includes U.S. semi stocks like Nvidia, Micron, Intel, Broadcom, Marvell, Texas Instruments, and more:
Source: Charlie Bilello
As you can see, during the dotcom bubble, semiconductor stocks soared 234% over 14 months in the period leading up...
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Jun 27, 2026 / Tyler Durden
US SNAP Payment-Error-Rate Hits High Of 10.62%
US SNAP Payment-Error-Rate Hits High Of 10.62%
Authored by Naveen Athrappully via The Epoch Times,
The national payment error rate for the Supplemental Nutrition Assistance Program (SNAP) hit 10.62 percent for Fiscal Year (FY) 2025, far exceeding the 6 percent threshold set by Congress.
“While this is a modest decrease from FY 2024, the FY 2025 rate still shows significant waste at the state level,“ the U.S. Department of Agriculture (USDA) said in a June 24 statement.
”Including both overpayments and underpayments, this year’s rate represents a collective $10.1 billion in improper...
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