Why Egalitarianism Persists

Novo Nordisk Soars After New Obesity Pill Momentum Lifts Guidance Novo Nordisk shares jumped as much as 9% in Copenhagen, suggesting the stock may finally be bottoming out after a vicious multi-year bear market. The move followed the Danish drugmaker's decision to raise its 2026 guidance ranges for adjusted sales and adjusted operating profit, citing solid momentum in Wegovy sales. Novo now expects full-year sales and profit declines of around 12%, down from a previous forecast of around 13%. The upgraded outlook was "driven by increased expectations for GLP-1 product sales,"...

The 'Southern Front' Of The Ukrainian Conflict Is Heating Up Authored by Andrew Korybko, The most recent phase of the Ukrainian Conflict has been characterized by the “war of attrition” that the US has been waging against Russia through Ukraine after Trump decided to “escalate to de-escalate”. This has thus far taken the form of drone strikes against energy infrastructure, online retailers, and maritime shipping in the Black, Azov, and now even the Caspian Seas. It’s this last-mentioned aspect that forms the basis of the present analysis following Ukraine’s weekend strikes on targets in the Caspian. According...

Ships Abruptly U-Turn Near Hormuz As Some Shift To Iran-Approved Routes The reopening of the Hormuz chokepoint has proceeded relatively smoothly for weeks, but an overnight development shows that the process remains fragile. At least eight ships attempting to exit the Persian Gulf abruptly reversed course near the critical waterway. Bloomberg cites ship-tracking data showing that the vessels, including oil tankers, product carriers, bulk carriers, and vehicle carriers, were moving toward the strait along the Omani coast before abruptly turning back. Several ships later resumed their transits through the strait by...