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Xi Touts Communist Party's Global Reach, Hails PLA's Rising Strength In 105th Anniversary Address

Xi Touts Communist Party's Global Reach, Hails PLA's Rising Strength In 105th Anniversary Address Chinese President Xi Jinping used a major speech marking the 105th anniversary of the Chinese Communist Party on Wednesday to both tout China's global influence and pledge a stronger armed forces build-up while staying steadfast in an ongoing crackdown on corruption within top military ranks. Bloomberg concluded of the speech, "Xi Jinping signaled China's ambition to play a more high-profile role, a strategy that involves rallying developing nations as a counterweight to what he views as fading...
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Jul 8, 2026 / Tyler Durden
Most Americans Don't Believe NATO Would Assist If The Country Were Attacked
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Aug 6, 2026 / Tyler Durden
DeepSeek Resumes $74BN Mega-Raise - Then Warns It's Jacking-Up Prices
DeepSeek Resumes $74BN Mega-Raise - Then Warns It's Jacking-Up Prices Chinese AI startup DeepSeek is looking to raise roughly 50 billion yuan at a valuation of 500 billion yuan (US$74 billion) - while the company warned developers a day later that it's raising prices. The resumed funding round, first reported by Chinese business outlet Caijing (via The Standard), is expected to be signed by the end of the month, with the process kept deliberately quiet; some participating institutions reportedly haven't even been formally told the deal is back on. The pricing notice, posted...
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May 13, 2026 / Tyler Durden
U.S. Wheat Crop Forecast To Hit Half-Century Low As Drought Hits Breadbasket
U.S. Wheat Crop Forecast To Hit Half-Century Low As Drought Hits Breadbasket Chicago wheat futures surged on Tuesday, hitting two-year highs after the USDA's latest WASDE report signaled a much tighter U.S. supply outlook than traders had anticipated. Production stress across America's breadbasket is now converging with a megadrought and mounting fertilizer constraints, adding upward pressure on prices at a time when global food prices are rising. 🌾Due to poor crop health and a record-low planted area, the United States will produce the smallest wheat volume since 1972. 2026 winter wheat output (67%...
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