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How China Is Remaking Its Vast Western Frontier
How China Is Remaking Its Vast Western Frontier
China is undertaking a vast effort to reshape its western frontier, transforming Xinjiang and Tibet from remote borderlands into strategic hubs for industry, energy, tourism and trade, according to a new lengthy report from Financial Times.
Under President Xi Jinping, Beijing is pouring investment into highways, railways, renewable energy projects, manufacturing bases and tourism infrastructure across a region that covers nearly a third of China’s territory. Officials see the west not as a distant hinterland but as a frontline for economic growth, national security...
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May 25, 2026 / Tyler Durden
Iran Says U.S. Peace Talks Hit "Consensus" On Many Issues, But No Final Deal Yet
Iran Says U.S. Peace Talks Hit "Consensus" On Many Issues, But No Final Deal Yet
Asian and European equities climbed on Monday, while U.S. equity futures jumped and Brent crude fell, as signs of a possible U.S.-Iran deal boosted risk appetite. To note, the U.S. is on holiday.
Both sides appear to be moving closer to ending the three-month conflict and reopening the Strait of Hormuz. However, overnight comments from senior Iranian officials suggest gaps remain, particularly over the future of Iran's nuclear program and uranium enrichment.
"It is true that a...
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Apr 29, 2026 / Tyler Durden
Wall Street Reacts To Powell's Last FOMC Meeting
Wall Street Reacts To Powell's Last FOMC Meeting
The kneejerk reaction from Wall Street pundits is that the bar for the Federal Reserve to hike rates is still relatively high and there’s no need for the Fed to change its bias or react in a meaningful way: that's the view voiced by SocGen's US Research Head Subadra Rajappa, who said on BBG TV that the "US is in a very good position overall"
Others, such as Deutsche Bank Chief US Economist Luzzetti, said that "the Fed could adopt a more balanced...
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Mar 23, 2026 / Tyler Durden
Trump Admin Strikes Deal With Energy Firm To Nix Offshore Wind Plans
Trump Admin Strikes Deal With Energy Firm To Nix Offshore Wind Plans
Authored by John Haughey via The Epoch Times,
A global energy corporation based in France has ceded leases off North Carolina and New York where it planned to spend nearly $1 billion to build offshore wind turbines back to the U.S. Department of Interior and will instead redirect that investment into natural gas projects in Texas.
The “landmark agreement” was jointly announced by the department and TotalEnergies in Washington on March 23, and confirmed by Interior Secretary Doug Burgum and...
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