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US-Iran MOU Eases Energy Prices But Faces Sharp Pushback From Israel And GOP Hawks
US-Iran MOU Eases Energy Prices But Faces Sharp Pushback From Israel And GOP Hawks
Summary:
The US and Iran signed a preliminary cease-fire agreement at the G7 summit in France.
Energy prices fell as some Saudi supertankers resumed crossing the Strait of Hormuz.
The deal includes a $300 billion private reconstruction fund and temporary Iranian oil export waivers.
Iranian officials declared themselves the clear winner.
The agreement has opened significant new divisions within the Republican Party.
Israel described the deal as a major strategic setback.
US Vice President Vance will meet Iranian officials in Switzerland on Friday.
Energy...
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Sep 22, 2026 / Tyler Durden
Despite German State Stimulus: Machinery Industry Braces For A Catastrophic Year
Despite German State Stimulus: Machinery Industry Braces For A Catastrophic Year
Submitted by Thomas Kolbe
Friedrich Merz does not make it easy to interpret current economic data correctly. The debt king from Brilon is not only distorting the statistics with his “special (debt) assets”: More than 320 billion euros in direct and indirect state subsidies are flowing, according to Freiburg economist Lars Feld, through subsidy channels that are penetrating ever deeper into the German economy. Artificial economies are emerging there, economic homunculi that will remain permanently dependent on the taxpayer.
What Is...
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May 23, 2026 / Tyler Durden
Delivery Hero Confirms Uber's Takeover Bid In Push For Global Food-Delivery Empire
Delivery Hero Confirms Uber's Takeover Bid In Push For Global Food-Delivery Empire
Summary:
Delivery Hero Confirms 33 Euro Takeover Bid
Uber Speculation of Delivery Hero Takeover
Uber Builds Large Stake in Delivery Hero
Delivery Hero Confirms Takeover Bid
Delivery Hero has confirmed that Uber has proposed buying the German food delivery company for 33 euros per share, in line with earlier takeover reports.
Following today’s press publication, Delivery Hero SE confirms that Uber Technologies, Inc. reached out with an indicative proposal of €33 per share in respect of a potential takeover offer to all shareholders of...
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Oct 13, 2026 / Dave DeCamp
Israeli Strike Kills One Palestinian in Gaza as Four-Year-Old Dies of Wounds From Earlier IDF Attack
An Israeli strike killed at least one Palestinian in Gaza on Tuesday, as a four-year-old child died of wounds sustained in a previous Israeli attack. The Palestinian news agency WAFA reported that the child, identified as Osama Ahmed Abed, died of his injuries from Israeli shelling that hit the town of al-Zawaida in central Gaza […]
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