UBS Warns El Nino May Intensify Food Inflation Across Asia

"Safeguard Our Homeland": FCC Moves To Ban Foreign Military-Grade Drone Imports A little more than a week after we exposed military-grade interceptor drones being openly marketed on Facebook as dual-use technology by a Hong Kong-based company, FCC Chairman Brendan Carr announced a proposal to prohibit the importation and sale of foreign-produced military-grade drones in the U.S. "Today, the FCC took additional action to safeguard our homeland. We have proposed banning the sale of foreign, military-grade drones, including those capable of swarming," Carr wrote on X, adding, "Another step to strengthening and...

2028: Unlikely Republican Senator Drawing Buzz as Vance's Potential VP Pick Sen. Eric Schmitt (R-MO) is drawing speculation as Vice President JD Vance’s potential running mate in 2028, Axios reported Tuesday. Vance views the 51-year-old Missouri Republican as “trustworthy, intelligent, articulate and a deft political operator,” according to the outlet. Secretary of State Marco Rubio appears to be the early favorite to be Vance's vice presidential pick, though two years is a lifetime in politics. Schmitt has built his reputation taking on Biden administration policies, challenging alleged government censorship and helping advance President...

Goldman Slashes Global PC Shipment Forecast As Memory Chip Crunch Derails Upgrade Cycle The global PC market is facing mounting pressure as a worsening memory-chip crunch, limited product availability, and consumers balking at higher prices threaten to deepen the downturn. These headwinds prompted Goldman analysts to "further trim" their PC shipment forecasts for this year and next. "We further trim our global PC shipment estimates for 2026-27E, considering the near-term pressures of higher memory and CPU costs, and the flattening replacement cycle following the end of Win 10," said Allen...