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Ursula von der Leyen To Visit Armenia Next Week As Pro-EU Aspirations Ramp Up
Ursula von der Leyen To Visit Armenia Next Week As Pro-EU Aspirations Ramp Up
Brussels is eyeing Armenia as the small Caucasus nation has lately made it's pro-EU aspirations known, given just earlier this month Armenian Prime Minister Nikol Pashinyan's party won parliamentary elections, in a vote widely seen as signififying its major pro-Western shift.
Pashinyan had claimed a "historic victory that will ensure Armenia’s eternity and development" while also vowing to "continue the course of rapprochement with the West" - but while balancing the pursuit of positive relations with Russia.
And now, just days...
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May 1, 2026 / Tyler Durden
Nearly 70% Inflation, Mass Layoffs, And A Strangled Economy: Iran's Brutal Test Of Endurance
Nearly 70% Inflation, Mass Layoffs, And A Strangled Economy: Iran's Brutal Test Of Endurance
Iran’s economy is undergoing one of the most brutal stress tests in its modern history. Official annual inflation has surged to 50% according to central bank figures released shortly after the ceasefire, while the year-on-year rate reached as high as 67% through mid-April, according to the Wall Street Journal. The rial has crashed to a record low of 1.8 million to the dollar, roughly two million workers have lost their jobs, and the US naval blockade of...
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Jul 13, 2026 / Dave DeCamp
Report: Trump Gave Saudi Crown Prince Greenlight for Attack on Yemen’s Sanaa Airport
Axios reported on Monday that President Trump gave Saudi Crown Prince Mohammed bin Salman his support for an attack on Yemen ahead of Saudi Arabia’s bombing of the Sanaa International Airport, which shattered a years-long truce between Riyadh and the Houthis. US officials told Axios reporter Barak Ravid that Riyadh sought support for the attack […]
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Jul 14, 2026 / Tyler Durden
JPMorgan Drops Despite Highest Quarterly Profit In HIstory, As Traders Focus On Negatives
JPMorgan Drops Despite Highest Quarterly Profit In HIstory, As Traders Focus On Negatives
Q2 earnings season is officially off.
Moments ago, JPMorgan became the first mega bank to report Q2 earnings (technically Wells beat it by a few second but nobody really cares about that particular bank), firing the starting pistol on the second quarter earnings season. The Q2 results were solid (Net Interest Income and FICC miss but more than offset by blowout Equity Sales and Trading and Investment Banking revenue) , but as we note in out bank earnings preview...
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