Slouching Toward Peace With Washington In Good-Cop/Bad-Cop Mode

Micro-Cap 'War Unicorn' Merlin Soars After Advancing AI Pilot For C-130 Military Plane Aerospace and defense technology firm Merlin jumped in premarket trading after announcing that its AI-powered autonomous flight software for the C-130J Super Hercules cargo plane, developed with U.S. Special Operations Command, is moving toward formal testing. Merlin wrote in a press release earlier that its AI-powered autonomous flight software has "successfully completed" the critical design review for the C-130J, adding the "milestone positions the program to enter a structured formal test campaign, including aircraft-level testing, reflecting a disciplined...

BBC Slips In 'Mistranslated' Propaganda To Radically Alter Hegseth Speech On Iran The BBC has been caught yet again manipulating comments from the Trump administration to radically alter their meaning.  During a March 2 press conference about the war in Iran, US Secretary of War Pete Hegseth said that the United States is bringing death to the same regime that chanted "death to America." BBC Persia, however, substituted the word 'people' for 'regime' - fundamentally changing Hegseth's meaning to sound like America was targeting all Iranians vs. the regime.  "It turns out the regime who chanted 'death to...

Rate-Hike Odds Spike As Fuel Costs Push US Producer Prices Higher In a relatively unusual turn around, US producer prices hit today ahead of tomorrow's CPI. Interestingly Consumer prices get all the headlines, it is PPI that offers the most read-throughs for Core PCE - The (old) Fed's favorite inflation gauge). Headline producer pries were expected to rebound significantly from July's flatline as oil prices rebounded on re-escalations in the MidEast, and they printed right in line, up 04.% MoM in August (with July's revised up to +0.1% MoM. That lifted...