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French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1

French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1 “We remain vigilant, without giving in to being alarmist,” said French Finance Minister Roland Lescure on social media after the Gallic nation saw its economy unexpectedly shrink at the start of the year. French gross domestic product fell 0.1% in the three months through March, the first quarterly contraction since the COVID pandemic, raising concerns over its resilience to the fallout from the Iran war. Statistics office INSEE had initially reported zero growth for the quarter, but a sharper decline in consumer spending than expected...
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May 13, 2026 / Ted Galen Carpenter
Payback: Russia Uses Iran as a Proxy Against the United States
Washington and Moscow both enthusiastically celebrated the victory of the Allied “Grand Alliance” over the fascist powers at the end of World War II.  Since then, however, the two capitals have typically been on opposite sides of numerous nasty geostrategic struggles around the world.  They also have relished opportunities to work with foreign countries and […]
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Mar 26, 2026 / Tyler Durden
Turkey Dumped 58 Tons Of Gold After Iran War Started, Slamming Price
Turkey Dumped 58 Tons Of Gold After Iran War Started, Slamming Price There has been much speculation about the mystery seller(s) that sent gold sliding into a bear market from its January high: was it a sovereign seeking to plug holes in their budget from the recent surge in oil, a "market maker" trying to spark stop loss liquidations, or just retail investors taking profit after one of the best years in history for the precious metal? Today we learned the identity of at least one of the sellers: Turkey’s central...
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Apr 11, 2026 / Tyler Durden
Why Is China's Embassy In D.C. Hardening Security Perimeter With Barbed Wire
Why Is China's Embassy In D.C. Hardening Security Perimeter With Barbed Wire Washington, D.C.-focused local outlet Popville, short for Prince of Petworth, posted several images showing barbed wire being installed around the security perimeter of the Chinese Embassy. The photos appear to show at least four workers installing the barbed wire atop an already hardened perimeter wall of block and iron fencing.  Embassies in Washington face security risks, but the sudden decision to further harden the Chinese compound raises obvious questions: whether Beijing is responding to a specific threat, anticipating protests or...
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