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The Plumbing For Vast Defense Spending Needs To Be Set Up
The Plumbing For Vast Defense Spending Needs To Be Set Up
By Michael Every of Rabobank
In response to Iranian strikes on ships using the Omani route in Hormuz, the US has struck Iranian air defense, missile, and drone sites in the Strait and suspended its oil sanctions waiver. These are clear breaches of the MoU, and we will now see if Iran escalates --it says it will take “decisive” action-- with the risk of war if the US is also prepared to go that route. We suspect the US will...
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Apr 30, 2026 / Dave DeCamp
China’s Foreign Minister Tells Rubio That Taiwan Is the ‘Biggest Risk Factor’ in US-China Relations
Chinese Foreign Minister Wang Yi spoke with US Secretary of State Marco Rubio and told him that the issue of Taiwan is the “biggest risk factor” in relations between Washington and Beijing, Chinese media has reported. “The Taiwan issue concerns China’s core interests and is the biggest risk factor in China-US relations,” Wang said, according […]
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Sep 14, 2026 / Tyler Durden
Court Rejects DOE Order To Delay Michigan Coal Plant Retirement
Court Rejects DOE Order To Delay Michigan Coal Plant Retirement
By Ethan Howland of UtilityDive
A federal appeals court on Friday vacated the Department of Energy’s emergency order requiring the owners of a coal-fired power plant in Michigan to delay its planned retirement, saying the move usurped state authority over generating resources.
“The federal government has, until now, issued stopgap generation orders in response only to transitory emergencies caused by war, extreme weather events, market manipulation, or unplanned, short-term unavailability of specific generation units,” the U.S. Appeals Court for the District of...
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Feb 19, 2026 / Patrick Barron
A Missed Opportunity in Munich
Do not be surprised if the audience’s applause to Rubio's speech turns out to be short lived. He offered nothing new and much that would result in less security for its members.
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