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EU Plans €100 Billion Project To Bring African Sunlight To Power Europe's Electric Revolution

EU Plans €100 Billion Project To Bring African Sunlight To Power Europe's Electric Revolution The European Union, which has been starved for cheap energy since the start of the Ukraine war, is betting that the future of its energy system lies under the North African sun. On Tuesday, the European Commission pledged €5 billion of EU money to renewables projects in North Africa and the Middle East, which could feed electricity back into Europe’s grid, Politico reported. The dream is that solar panels in the sun-soaked Sahara Desert and wind turbines along...
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Oct 23, 2026 / Tyler Durden
US Manufacturing Sector Survey Hits 53-Month High, But "Cost Pressures Remain Key Concern"
US Manufacturing Sector Survey Hits 53-Month High, But "Cost Pressures Remain Key Concern" After surging in September (and prompting some exciting moves in Treasuries - and STIRs), preliminary October PMIs from S&P Global were expected to drop modestly (for both Manufacturing and Services). Instead it was more mixed with Manufacturing better than expected (56.0 vs 55.9 prior vs 55.5 exp) but Services down a little (57.9 vs 58.8 prior vs 58.0 exp). That is a 53-month high for the Manufacturing sector... The US remains the strongest economy in the world based on these...
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Jul 16, 2026 / Dave DeCamp
US Bombs Somalia for 75th Time This Year
US Africa Command announced on Thursday that its forces launched another airstrike in Somalia as the Trump administration continues a record-shattering bombing campaign in the country. AFRICOM said the strike was launched on July 13 and that it targeted al-Shabaab in the vicinity of Qumbi, a village about 55 miles northwest of the port city […]
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Jun 9, 2026 / Tyler Durden
Flesh-Eating Cattle Screwworm Spreads Beyond Texas As USDA Accelerates Eradication Push
Flesh-Eating Cattle Screwworm Spreads Beyond Texas As USDA Accelerates Eradication Push The U.S. Department of Agriculture confirmed three more New World screwworm (NWS) cases, bringing total detections to five and heightening concerns that the flesh-eating pest, once eradicated in the 1960s, could threaten the nation's already strained cattle industry. The latest NWS cases include three calves and a goat in Texas, along with a small dog in Lea County, New Mexico, marking the first confirmed case in that state, according to the USDA. The dog had not traveled to Mexico...
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