Over 70 Hezbollah Sites Struck As Netanyahu Orders IDF To 'Intensify Blows' On Lebanon

Trump Talk & 'Thucydides Trap' Threat Triggers Market Mayhem Overnight Traders are waking this morning in the US to some relative market mayhem and questioning what came first - the oil spike or the geopolitical angst - to trigger these moves as it appears the market finally remembered there's more going on in the world than trading 'short compute' demand to the moon... Oil prices are up significantly (WTI >$100)... Bond yields are breaking out everywhere (10Y 4.5%, 30Y UST 5.10%!, 30Y Gilt 5.82% - highest sine 1982)... Equity markets sharply lower overnight...

Socialist Mamdani Concedes NYC Can't Arrest Netanyahu, Breaking Another Campaign Promise With New York City rents at record highs, bus fares still in place, and the rise of the far left spooking taxpayers and businesses, Mayor Zohran Mamdani appears increasingly focused on playing world policeman instead of properly addressing the city's affordability crisis. On Tuesday night, the socialist mayor was forced to concede that he cannot execute the International Criminal Court's arrest warrant for Israeli Prime Minister Benjamin Netanyahu, exposing yet another campaign promise he cannot fulfill. "It is clear that...

Trump Congratulates Incoming Iraqi Leader, Who Moves To Disarm Pro-Iran Militias Via The Cradle A committee comprising three senior Iraqi figures is close to finalizing an "executive plan" to disarm factions within the Popular Mobilization Forces (PMF) that enjoy support from Iran, Asharq Al-Awsat reported on 8 May. Development of the plan, which will be presented to US officials in the next few days, comes amid expected changes to the leadership of key security agencies under the incoming government of Ali al-Zaidi. Trump congratulates Iraq PM nominee Ali al-Zaidi, eyes stronger ties Zaidi was nominated by the Shia-majority...