Welfare-Warfare State Reform Is Not Freedom

NATO Country Halts Arms To Ukraine Under New Eurosceptic Prime Minister In yet another example of Ukraine war fatigue among European allies, NATO member Bulgaria has newly announce it is halting weapons deliveries to Ukraine, signaling a major shift in the eastern European country's longtime policy. The prior government proved itself early out of the gate as an enthusiastic arms backer of Kiev, but new Bulgarian Prime Minister Rumen Radev, whose Progressive Bulgaria party won the April election, is rolling back the prior policy. The new government has made clear it has a...

CoreWeave Founders Cashed Out $3.3 Billion Before The Meltdown Before CoreWeave imploded, its three co-founders had been busy dumping stock, a lot of it, totaling $3.3 billion since the company's March 2025 IPO. The AI cloud provider rents access to Nvidia-powered data centers that fuel the AI circular financing scheme. Its unsecured bonds due in 2032 have crossed into distressed territory, and its five-year CDS spreads have blown out as debt levels at hyperscalers and neocloud providers come into question. Michael Intrator, Brian Venturo and Brannin McBee sold $2.4 billion this...

The US Shows A Way Out Of Germany's Energy Trap Submitted by Thomas Kolbe Big developments are underway in Tennessee and Alabama. Over the next five years, the joint Japanese-American project will bring several so-called small modular reactors (SMRs) of the BWRX-300 type online. Almost one percent of U.S. electricity production—slightly more than three gigawatts—will be added to the existing energy mix by reactors designed by Hitachi and GE Vernova. A caveat for purists of market economics: this is a hybrid project. While the majority is privately financed, export support from Japan...