Article
Responding To Trump, Kremlin Says Ukraine’s Long-Range Drone Attacks Will Likely Prolong War
The Kremlin on Thursday responded to President Trump’s comments about Ukraine’s long-range drone attacks in Russia, which are supported by US intelligence. At the NATO summit in Ankara, Trump acknowledged that the attacks are an “escalation” but one that could lead to an end to the conflict. “This is a misconception. Rising tensions and further […]
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Aug 1, 2026 / Tyler Durden
Leopold Aschenbrenner's Short Seller Fairy Tale
Leopold Aschenbrenner's Short Seller Fairy Tale
Submitted by QTR's Fringe Finance
Leopold Aschenbrenner’s hedge fund, stuffed like the ass of a Thanksgiving turkey with every trendy AI name you could throw a dart at, reportedly suffered one of the most spectacular drawdowns of recent memory, losing roughly 67% in July after a series of heavily leveraged bets went violently against it.
According to the Wall Street Journal, the losses became severe enough to trigger margin calls, forcing the firm into emergency asset sales. Public positions were reportedly sold to Citadel to raise liquidity,...
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Apr 30, 2026 / Tyler Durden
Oil Spikes As Israeli Defense Chief Says 'Required To Act Again' In Striking Iran, Achieving Objectives
Oil Spikes As Israeli Defense Chief Says 'Required To Act Again' In Striking Iran, Achieving Objectives
Summary
Israeli Defense Minister Katz: "soon we will need to act again in Iran to ensure that the regime cannot threaten Israel for years to come." Oil spikes on this and new reports of Israeli defense build-up at ports, air hubs.
Not giving up nuclear program: Iran will "guard" its "advanced technologies" like it does its own borders, Mojtaba Khamenei said in a written speech read aloud by state TV. It will “secure the Persian Gulf region and dismantle...
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Mar 21, 2026 / Tyler Durden
New York City Is Spending $81,000 Per Year On Each Homeless Person
New York City Is Spending $81,000 Per Year On Each Homeless Person
New York City spent about $368 million last year on services for people living on the streets, which equals roughly $81,000 per unsheltered person, according to the NY Post.
Spending through the city’s New York City Department of Homeless Services street outreach programs has increased sharply over the past several years. In 2019, the city spent about $102 million on these services, averaging around $28,000 per unsheltered individual. By the 2025 fiscal year, the average cost had risen to...
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