When The Monetary Laws Of Physics Change

Lutnick Eyes Crackdown On Chinese Humanoid Robots One day after the House Select Committee on China sounded the alarm over China-based Unitree selling humanoid robots on Amazon to U.S. consumers, a new Politico report states Commerce Secretary Howard Lutnick held a closed-door meeting with top U.S. executives and signaled that the Trump administration is considering strong action against subsidized robotics imports from China. Unitree was recently designated as a Chinese military company and its products are a threat to our national security, yet here is @Amazon selling a Unitree robot...

S&P Slashes New Orleans' Credit Rating On "Structurally Imbalanced Operations" New Orleans, home to Mardi Gras and muffulettas, has been governed by Democrats for decades, so it should come as little surprise that S&P Global Ratings has slashed the city's obligation rating to the third-lowest level of investment grade and placed it on a negative outlook. S&P Global Ratings cut New Orleans' general obligation rating by one notch to BBB+ with a negative outlook, citing structurally imbalanced finances, shrinking reserves, and growing reliance on one-time desperate measures to meet cash needs. "The...

Defiant Iran Reasserts Toll System, Paid Through Iranian Banks After US Vows Hormuz Blockade Stays "As Long As It Takes" Summary Iran seeks to boost rial through toll payment scheme; vessels pay Hormuz passage through Iranian banks. US Navy: vessels seeking entry into Hormuz Strait now fair game for boarding, search, and outright seizure - including for suspicion of 'contraband'. Hegseth: US forces are ready to restart combat if Iran doesn’t agree to a deal & strait blockade to continue for as long as it takes. Already 14 ships have been turned around. Iran's parliament speaker Mohammad...