'We Outright Grabbed The Wallets': Bessent Boasts $1BN In Iran State Crypto Seized To Date

Putin Authorizes Debt Relief To Lure New Ukraine War Recruits On Monday President Vladimir Putin signed a law that effectively wipes clean up to 10 million rubles (approximately $140,000) in unpaid debt for new military recruits and their spouses, at a moment Russia needs more manpower to keep up its grinding 'special military operation' in Ukraine. The debt exemption applies to any Russian citizen who signs a minimum one-year contract with the military to serve in Ukraine after May 1, 2026. The economic amnesty explicitly extends to an enlisted member's spouse...

US Business Confidence Soared In April Amid "Panic, Emergency" Buying Ahead Of Price Spike Despite the recent slide in 'hard' macro data, analysts expected an incremental improvement in the preliminary April S&P Global PMI data this morning. Consensus was right as both Services and Manufacturing surveys signaled an uptick in April US business activity growth recovered slightly in April having slowed to near-stagnation in March following the outbreak of war in the Middle East. However, the overall pace of expansion remained subdued, most notably in the services economy where demand faltered. Flash US...

The Senate on Tuesday blocked an effort to prevent President Trump from launching an attack on Cuba without congressional authorization amid a ramped-up US oil embargo and planning for a potential war against the island nation. The War Powers Resolution, introduced by Tim Kaine (D-VA), Adam Schiff (D-CA), and Ruben Gallego (D-AZ), was blocked from […]