"Reaching A Climax": Hedge Funds Turn Most Bearish On Yen Since 2007, As Former FX Czar Sees 20% Undervaluation

Iran-Linked Media Floats Data Tax On Hormuz Undersea Internet Cables An Islamic Revolutionary Guard Corps-linked media outlet has signaled that submarine fiber-optic cables running through the Strait of Hormuz remain in Tehran’s crosshairs. Tehran views Hormuz not only as an energy chokepoint but also as a digital chokepoint, with undersea cables beaming internet across the Gulf and into the global network. Source: Retuers  Tasnim published an article titled “Three Practical Steps for Generating Revenue from Strait of Hormuz Internet Cables,” pointing out that Tehran must reassess how it exercises sovereignty over the strategic...

Israeli Air Force Technicians Charged With Spying For Iran Amid 'Espionage Epidemic' Via The Cradle Two Israeli air force technicians who were operating at the Tel Nof Air Base near the city of Ashdod are set to be charged with espionage for Iran in the US-Israeli war launched against the Islamic Republic in late February, Israeli media reported Wednesday. This marks the latest case in what has been referred to as an "espionage epidemic" in Israel. According to a report by Israel’s Broadcasting Corporation (KAN), the technicians worked on Israel's F15 jets. The two...

Zelensky Claims 'Final Decision' Made To Let Ukraine Build Patriots, After Trump Reversed Pledge Back in July President Trump strongly signaled that he was greenlighting the ability of Ukraine to produce its own patriot anti-air defense missiles. Trump declared in the context of a Turkey-hosted NATO summit that Washington would give Ukraine "the right to make Patriots" - after Zelensky had been relentless in his requests, framing it as urgent and for the protection of cities and civilians. But since then there's been denials and ambiguity surrounding the pledge. President Trump had...