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US, China Militaries Hold 'Candid' Deconfliction Talks In Hawaii As Trump Goes Quiet On Taiwan
US, China Militaries Hold 'Candid' Deconfliction Talks In Hawaii As Trump Goes Quiet On Taiwan
American and Chinese military officers have sat down for rare deconfliction talks in Hawaii, soon on the heels of the Trump-Xi summit in Beijing last month. According to a late Monday statement from the Chinese Navy, the two superpowers held what they described as "candid and constructive" exchanges during a two-day closed-door meeting. It happened last week in Honolulu, reports have newly revealed.
The sides came away agreeing that improved communication could successfully reduce tactical miscalculations and...
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May 10, 2026 / Tyler Durden
Vegetable-Oil Inflation Sends World Food Prices Higher
Vegetable-Oil Inflation Sends World Food Prices Higher
The benchmark for global food commodity prices rose for a third consecutive month in April, hitting its highest level since early 2023, as Middle East supply disruptions, elevated energy costs, and tightening supplies of certain agricultural products appear to be driving the next leg higher in global food prices.
This is a major risk we have warned about throughout the U.S.-Iran war, as energy and supply chain disruptions spread quickly through fertilizer, diesel, freight, biofuels, grains, and vegetable oils. We even treated readers to...
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May 19, 2026 / Tyler Durden
Nickel Jumps As Indonesian Output Cut Stokes Supply Fears
Nickel Jumps As Indonesian Output Cut Stokes Supply Fears
Nickel prices on the London Metal Exchange surged as much as 2.6% to $19,050 a ton after Shanghai Metals Market said upwards of 15% of high-grade nickel pig iron capacity at Indonesia's Weda Bay Industrial Park will undergo rotational maintenance in the coming months, according to Bloomberg.
Indonesia's Weda Bay Industrial Park is one of the most important nickel-processing hubs in the world and serves a large cluster of smelters that produce nickel pig iron, a key input for stainless steel...
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Feb 27, 2026 / Joshua Mawhorter
Massachusetts 1690: The First Western Fiat Experiment
When the Massachusetts colony issued its own unredeemable paper money in 1690, it was with the promise that it would soon be redeemable in specie. Like all paper money issued by government, it lost value and the confidence of the people.
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