An Emerging Market Crisis In Oil-Poor Asia?

From Whiskey To Weed: A Second Amendment Fight Authored by John R. Lott Jr. & Laura Lott via RealClearPolitics, Are regular marijuana users the modern equivalent of “habitual drunkards” at the Founding? What about someone who regularly takes a sleep gummy? In oral arguments before the Supreme Court today in United States v. Hemani, the federal government argues that they are the same. In August 2022, FBI agents searched Ali Danial Hemani’s home and found a Glock 9mm pistol, 2.1 ounces of marijuana, and 1.7 ounces of cocaine. Hemani told agents that he...

SK Hynix Unleashes South Korea's Biggest-Ever 'Buyback Bazooka' To Halt Stock Rout Asian equities fell sharply overnight as the regional semiconductor rout intensified following another downdraft in US chipmakers on Tuesday (read morning wrap). Japan, South Korea, and Taiwan led the regional declines, while Chinese stocks also weakened despite the blockbuster IPO of humanoid robotics maker Unitree. Against that bearish backdrop, SK Hynix announced the largest share buyback in South Korean history, a highly aggressive attempt to arrest a six-week selloff that has erased roughly half of its market value. The...

US Military Races To Harden Strategic Nuclear Bases With Counter-Drone AI Shield Defense company AeroVironment has won an $80.5 million order from the Joint Interagency Task Force 401 for its Titan MS counter-drone system, expanding the Department of War's efforts to secure critical defense infrastructure and other homeland sites from AI drone swarm attacks. The award falls under a previously announced $500 million sole-source IDIQ contract and will support the Air Force Global Strike Command's layered defenses against suicide drones attempting to breach airspace over strategic nuclear bases. "This investment provides...