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UK Gilt Yields Spike As Burnham Win Opens Door To Oust Starmer
UK Gilt Yields Spike As Burnham Win Opens Door To Oust Starmer
The odds of embattled UK Prime Minister Keir Starmer being ousted by the end of July are soaring this morning...
...after Greater Manchester Mayor Andy Burnham won a decisive victory for the ruling Labour Party that delivers him a seat in Parliament and, with it, a pathway to challenge Starmer for his job.
Burnham was elected in a standalone contest for the constituency of Makerfield, in northwestern England, with a convincing 54.8% of the vote. He defeated Robert Kenyon from...
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Jun 11, 2026 / Tyler Durden
Cops Bust India-Based Gold Scam Before Widow Loses $700K
Cops Bust India-Based Gold Scam Before Widow Loses $700K
A widow who was told her Social Security funds were being used to support terrorism nearly lost $700,000 in a gold scam, according to WOOD ABC 8.
The fraudsters convinced her to buy gold, but a suspicious coin dealer alerted authorities before the transaction could be completed. Ben Soldaat, owner of Grand Rapids Coins, noticed several red flags. The woman seemed confused, unusually urgent, and showed little interest in the gold itself. Concerned she was being manipulated, he contacted the Kent County Sheriff’s...
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May 28, 2026 / Tyler Durden
Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades
Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades
The Bank of Canada said the global financial system has functioned (surprisingly) well through recent global shocks, but underscored the risk of a sharp asset price correction as well as vulnerabilities related to the role hedge funds are playing in debt markets.
The central bank’s 2026 financial stability report released Thursday noted financial asset valuations have continued to rise, while the stock market is increasingly concentrated in a handful of large tech companies that are...
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May 6, 2026 / Dave DeCamp
Trump Threatens Iran With Bombing at ‘Much Higher Level’ If It Doesn’t Agree to US Deal
President Trump on Wednesday threatened Iran with bombing at “a much higher level” than what the US and Israel previously unleashed on the country if it didn’t agree to unspecified US demands. Trump’s threat, issued on Truth Social, came after he announced the US was pausing a military operation to “guide” ships out of the […]
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