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Trump-Backed Colombian President-Elect Gives Guerrillas "One Month To Surrender" As Socialist Era Ends
Trump-Backed Colombian President-Elect Gives Guerrillas "One Month To Surrender" As Socialist Era Ends
Colombia's president-elect Abelardo de la Espriella gave drug cartels and guerrilla groups one month to surrender, marking a massive U-turn from the soft-on-crime policies of the socialist regime under incumbent President Gustavo Petro.
"To all those acting outside the law, you have one month to arrange your submission," Trump-Backed Espriella said in his first speech since official results confirmed his electoral win on Sunday.
Colombia's President-Elect Abelardo de la Espriella:
To those who are outside the law, I have...
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Sep 29, 2026 / Tyler Durden
AI Is Repricing Capital Before It Reprices The Economy
AI Is Repricing Capital Before It Reprices The Economy
Authored by Cory Frank via RealClearMarkets,
Earlier this month, the Federal Reserve raised the target range for the federal funds rate by 25 basis points, to 3.75 to 4 percent. Inflation remains elevated even as economic activity continues to expand, productivity is strong and capital investment remains robust.
At Jackson Hole a few weeks earlier, Fed Chairman Kevin Warsh highlighted another unusual feature of the economy. Business capital spending is rising rapidly, and he estimated that more than half of its growth this...
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Jul 20, 2026 / Dave DeCamp
Chinese and Philippine Maritime Forces Clash With Sticks and Oars Near Disputed Shoal in South China Sea
Chinese Coast Guard personnel and Philippine sailors clashed with oars and sticks from small boats near the disputed Second Thomas Shoal in the South China Sea on Monday, with the two sides blaming the other for the incident. The confrontation occurred near the BRP Sierra Madre, a dilapidated World War II-era ship that the Philippines […]
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Jun 29, 2026 / Tyler Durden
Oil Markets Are Pricing A Supply Surge That Isn't Guaranteed
Oil Markets Are Pricing A Supply Surge That Isn't Guaranteed
Authored by Irina Slav via OilPrice.com,
Oil prices are tumbling as tankers stream out of the Strait of Hormuz, but most of that traffic is stranded vessels finally allowed to leave, not new supply heading in.
Iran struck a commercial ship near Oman this week even as the 60-day U.S.-Iran ceasefire holds and markets keep pricing in a supply glut.
The U.S. strategic petroleum reserve is at its lowest level in four decades, and China may resume buying once it stops selling off...
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