Japan Bankruptcies Surge To All-Time High As A Result Of Plunging Yen

NASA Chief Says Critical For US To Win Space Race With China Authored by T.J. Muscaro via The Epoch Times, NASA Administrator Jared Isaacman told members of the Air Force and Space Force that communist China will land on the moon, and it's imperative that the United States return to the lunar surface first. "You are witnessing a very energized NASA, and we will need to be, as we are in the midst of a very real second space race," he said during his keynote address to the Air and Space Forces...

A Perfect Storm - Where Are The Umbrellas? By Michael Every of Rabobank As the Wall Street Journal puts it today, ‘A perfect storm is raging in the bond market’ as US 10-year yields are at 5.11% vs. 4.93% at yesterday’s close, the largest one-day rise since 2025’s “liberation day”; Canada’s are at 3.95% vs. 3.83%; the UK’s 5.35% vs. 5.20%; Australia’s 5.38% vs. 5.25%; Germany’s 3.55% vs. 3.46%; France’s 4.66% vs. 4.50%, and Japan’s 3.05% vs. 2.98%. You can blame some of that on yesterday’s data, where the Eurozone services PMI...

European Car Sales Jump 11% As Fuel Shock Drives EV Demand European auto sales posted their strongest monthly gain in almost two years in March, as robust demand emerged for fully electric and hybrid models. The surge in demand follows the US-Iran conflict, which disrupted energy flows through the Hormuz chokepoint. As a result, petrol and diesel prices at the pump in Europe soared. Another issue is China flooding the continent with cheap EVs, undercutting already struggling domestic automakers. Bloomberg cited new-vehicle registration data for last month showing an 11%...