Trump Formally Notifies Congress Of Iran War Resumption - Third Consecutive Night Of Strikes Ensue

ADP Employment Reports Shows Better Than Expected Job Gains, Accelerating Wages Hiring and pay gains both held steady in March. The ADP National Employment report printed a better than expected +62k jobs added in March (+40k exp) and modestly down from an upwardly revised 66k in February. That is the ninth straight month of job gains. Source: Bloomberg The smallest employers drove job growth for a second month, while hiring in trade, transportation, and utilities continued to decline. "Overall hiring is steady, but job growth continues to favor certain industries, including health care. In March,...

Why Is China Advertising Insane War Drones On Facebook The proliferation of low-cost suicide drones and interceptor drones appears to be accelerating as nation-states begin stockpiling these expendable platforms, reflecting a rapid and structural shift in modern warfare toward mass, attritable weapons. More concerning is that some of these drones appear to be marketed far beyond traditional military channels and potentially sold to the highest bidder. We have already identified what appear to be Chinese companies advertising advanced dual-use drone systems on Facebook, suggesting that drone warfare technologies could soon be easily...

AI Demand, War, & Climate Pressure Push World Back To Nuclear Authored by Haley Zaremba via OilPrice.com, The US and Canada each announced plans this week to build ten new nuclear reactors, the biggest coordinated nuclear push in North America in decades. The moves come as the AI boom, the war in Iran, and broader geopolitical instability push energy security to the top of the policy agenda worldwide. China added 34 gigawatts of nuclear capacity over the past decade to the US's one plant, and is on track to overtake both the US...