New York's Millionaire Exodus Is Costing Billions In Lost Revenue

Tether Reports $1.04B Profit In Q1 As Treasury Holdings Top $140BN Authored by Nate Kostar via CoinTelegraph.com, Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23 billion, according to its latest attestation on Friday. The company said its reserves remain heavily concentrated in US Treasuries, with around $141 billion in direct and indirect exposure, while total assets of about $191.8 billion exceeded liabilities of approximately $183.5 billion as of March 31. Tether said this level of exposure makes it...

UK Gov't Promises More Social Media "Restrictions" Authored by Kit Knightly via OffGuardian.org, While embattled PM Sir Keir Starmer takes a pointless grilling on the even more pointless existence of Peter Mandelson, other members of his cabinet were busily paving the way for the next construction phase of our increasingly dystopian society. Speaking to Sky News earlier today, Education Secretary Bridget Phillipson promised… “more action to keep young people safe online, including around social media”. Which is delightfully vague. Education Minister Olivia Bailey kept her cards similarly close to her chest, whilst trying to sound forceful: “It is a...

John Mearsheimer Asks: Will Trump Go Kamikaze? Authored by John Mearsheimer There is much talk about President Trump preparing to launch a ground attack against Iran. In the media discourse, much is made of the fact we have about 50,000 troops in the region. See for example these three articles. One might think those are all combat troops and we therefore have roughly three combat divisions available to invade Iran. But that is not true. Until recently, there were about 40,000 US troops in the region, which were mainly a mixture of Air Force,...