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Hormuz Exodus Begins: Ships Finally Sailing As UN-Led Evacuation Corridor Opens
Hormuz Exodus Begins: Ships Finally Sailing As UN-Led Evacuation Corridor Opens
Several vessels have already navigated the Strait of Hormuz utilizing a fresh evacuation framework established by the United Nations' shipping agency, an official confirmed on Wednesday. More via newswires:
US Energy Secretary Wright says roughly 72 ships have exited Strait of Hormuz in last 24 hours.
"Ships have already begun to pass under the plan," stated a spokesperson for the UN's International Maritime Organization (IMO), though they opted not to disclose specific details regarding the transiting vessels.
According to the latest LSEG...
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Apr 24, 2026 / Tyler Durden
Kremlin Hails Putin Invite To G20 Summit In Miami, After Trump Said His Presence 'Very Helpful'
Kremlin Hails Putin Invite To G20 Summit In Miami, After Trump Said His Presence 'Very Helpful'
The G20 Miami summit is set to take place at Trump National Doral Golf Course and will focus on "unleashing economic prosperity by eliminating burdensome regulations, unlocking affordable energy and pioneering new technologies," according to President Trump's words.
Amazingly and quite surprisingly, the Russian Foreign Ministry has announced Russia has been invited to take part "at the highest level" - meaning President Vladimir Putin has been invited, per the Kremlin. The actual date is still far...
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May 12, 2026 / Tyler Durden
Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average
Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average
The NY Federal published its latest report on Household Debt and Credit for the first quarter: the report showed total household debt increased by $18 billion, just a 0.1% increase, in Q1 2026, to $18.8 trillion.
Some details:
Mortgage balances shown on consumer credit reports grew slightly by $21 billion during the first quarter of 2026 and totaled $13.19 trillion at the end of March.
Balances on home equity lines of credit (HELOC) rose by $12 billion, marking the 16th...
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Mar 10, 2026 / Dave DeCamp
US-Israeli Strikes Hit Civilian Targets Across Iran
US and Israeli airstrikes have pounded civilian targets across Iran since the war began on February 28, damaging more than 19,734 civilian units, according to the Iranian Red Crescent Society (IRCS). The ICRS said the figure includes 16,191 residential units, 3,384 commercial units, 77 pharmaceutical and medical centers, and at least 69 schools. The Human […]
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