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"Chinese Empire Is Next": Townsend Warns Beijing's Energy Dominance Is Rewriting The Global Order
"Chinese Empire Is Next": Townsend Warns Beijing's Energy Dominance Is Rewriting The Global Order
Veteran energy economist Dr. Anas Alhajji said during last night’s ZeroHedge debate that Iranian crude trading activity reflects a serious peace deal sticking. Alhajji joined Jeff Currie, co-chair of Abaxx Exchange, and Erik Townsend of Macro Voices to weigh in on the Iran deal’s implications for oil prices, which he believes are poised for a significant decline. Townsend, meanwhile, thinks China will come out on top.
Currie, unlike Alhajji, remains bullish crude due to supply constraints and, assuming...
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Jun 15, 2026 / Tyler Durden
Apollo Picks Austin Over New York As Wall Street's Migration South Continues
Apollo Picks Austin Over New York As Wall Street's Migration South Continues
It's not just Citadel that's moving out of New York.
Apollo Global Management has chosen Austin, Texas, as its second headquarters, according to sources familiar with the decision. The firm, which manages about $1 trillion in assets, evaluated Austin, Miami, Palm Beach, and Nashville before CEO Marc Rowan selected Austin, according to Financial Times.
The new office is expected to host most future hiring as Apollo expands beyond its longtime New York base. While the decision has been communicated internally,...
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Jun 9, 2026 / Dave DeCamp
Iran Holds Funeral for Two Air Defense Personnel Killed by Israeli Attack
Iranians on Tuesday held a funeral in Tehran for two Iranian military air defense personnel who were killed by Israeli strikes earlier this week as the region remains on the brink of full-scale war. Iran’s PressTV identified the slain Iranian soldiers as Bahman Hosseini and Alireza Abiri and said that the funeral ceremony was held […]
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May 20, 2026 / Tyler Durden
The AI Economy, Part 1: Looking Beyond The Facade
The AI Economy, Part 1: Looking Beyond The Facade
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
The US economy’s curb appeal looks great. Consider that gasoline prices are nearly $5, crude oil is trading above $100, consumer sentiment is at historically low levels, and mortgage and other interest rates have remained relatively high. Yet, despite the worrisome headwinds, the US consumer-driven economy continues to expand. However, as with a house’s curb appeal, it’s not just the headline data that defines an economy. Equally important is its supporting structure. Let’s open the door...
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