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Trump Invokes Defense Production Act As US Moves To Rebuild Weapons Stockpiles
Trump Invokes Defense Production Act As US Moves To Rebuild Weapons Stockpiles
The Trump administration is seeking a major increase in defense spending while simultaneously using executive authority to accelerate weapons production, reflecting growing concern over U.S. munitions inventories after the war with Iran, according to NBC.
Defense Secretary Pete Hegseth met with Senate Republicans this week to rally support for a proposed $350 billion defense package, much of which would be directed toward replenishing missile and weapons stockpiles.
According to NBC, Sen. John Cornyn said the Pentagon is “running short of...
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Mar 5, 2026 / Tyler Durden
Indiana Governor Signs Bill Allowing Crypto In Retirement Plans
Indiana Governor Signs Bill Allowing Crypto In Retirement Plans
Authored by Stephen Katte via Cointelegraph,
Indiana will start allowing certain retirement and savings plans to include crypto investments and has enacted stronger legal protections for the crypto industry under a newly signed bill.
Governor Mike Braun signed House Bill 1042 into law on Tuesday, after it passed the legislature last Thursday. The legislation requires Indiana’s state public retirement and savings plans to offer self-brokerage accounts with at least one crypto investment option by July 2027.
According to the bill’s description, this requirement applies...
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Oct 23, 2026 / Tyler Durden
Gunmen Attack Orthodox Church In Jordan During Service, Killing 7 & Wounding Dozens
Gunmen Attack Orthodox Church In Jordan During Service, Killing 7 & Wounding Dozens
Multiple gunmen brutally attacked a church in Jordan on Friday in the middle of a funeral, killing at least seven people and wounding 34 others - in what is one of the worst terror attacks on Christians in the country's modern history.
The Jordanian government quickly condemned the act as terrorism, and authorities are reportedly seeking the attackers amid an investigation.
St. George Orthodox Church in Karak, via APIt happened in Jordan’s Karak region, south of the capital of...
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May 18, 2026 / Tyler Durden
Japanese Bonds Crater After PM Takaichi Prepares To Issue Much More Debt To Pay For Gasoline Subsidies
Japanese Bonds Crater After PM Takaichi Prepares To Issue Much More Debt To Pay For Gasoline Subsidies
While it may seem like every government these days - not just Emerging but certainly all Developing countries too - has become a banana republic in light of the increasingly more idiotic fiscal and monetary policies adopted to kick the can at least until the next election, nobody is quite as cartoonish as Japan, the place where all modern-day central bank experiments started in the late 1980s.
While on one hand the Japanese finance ministry...
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