Kraken Financial: More Bank than Bank

Rubio: Diplomacy Will Be Rendered 'Impossible' If Iran Enacts Hormuz Toll System Iran has been seeking to significantly expand the area around the Strait of Hormuz over which it claims military control by this week advancing the newly-created government agency of the "Persian Gulf Strait Authority". The agency quickly published a map proclaiming "Iranian armed forces oversight" across more than 22,000 sq km (8,800 sq miles) of the Hormuz waterway. Now, all transit through the strait "requires coordination with and authorization from the Persian Gulf Strait Authority" - the new entity announced. Of...

Battle Of Narratives: Bloomberg Counters Nikkei Asia's Foldable iPhone Delay Report Summary:  Bloomberg counters Nikkei Asia's reporting on possible foldable iPhone delays Nikkei Asia says the foldable iPhone has hit "engineering snags," with shipment delays possible Polymarket odds of a foldable iPhone release this year stand at 81% Bloomberg counters Nikkei Asia's reporting Hours after Nikkei Asia reported that Apple's first foldable iPhone could face delays in mass production, Bloomberg pushed back on the report, citing sources who say the foldable iPhone remains on track for a September debut alongside the iPhone 18 Pro and...