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ECB Keeps Rates Unchanged (As Expected), Warns 'Full Energy Inflationary Shock Yet To Come'
ECB Keeps Rates Unchanged (As Expected), Warns 'Full Energy Inflationary Shock Yet To Come'
The European Central Bank kept its key deposit rate unchanged at 2.25 percent and said it was "closely monitoring" the inflationary impact of fresh conflict in the Middle East.
The ECB reiterated it won’t pre-commit but act one meeting at a time based on information as it arrives.
"Uncertainty remains high and the full inflationary impact of the energy shock has yet to play out," the lender of last resort for the 21 countries that use the euro...
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Sep 12, 2026 / Tyler Durden
Watch: 9/11 Widow Goes Off Script, Blasts Saudi Arabia For Complicity During Ground Zero Ceremony
Watch: 9/11 Widow Goes Off Script, Blasts Saudi Arabia For Complicity During Ground Zero Ceremony
We have for many years carefully followed and documented what has emerged in the over two decades since the 9/11 attacks concerning Saudi state complicity. Families of 9/11 victims have long had a lawsuit pending against Saudi government. The kingdom's intel officials show up in all kinds of declassified documents, and there remain plenty of unanswered questions concerning several other shady individuals.
On Friday during the 25th anniversary memorial service for 9/11 at Ground Zero in New York City...
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Sep 15, 2026 / Tyler Durden
UK Mulls Military Support For Saudis Against Houthis After MbS Appeal
UK Mulls Military Support For Saudis Against Houthis After MbS Appeal
Amid ongoing Saudi humiliation as the Houthis have rapidly expanded their territory in Yemen, which involved a 36-hour period last week where the rebels took control of the country's entire Red Sea coast, Crown Prince Mohammed bin Salman (MbS) is desperately seeking military help from key allies in the West and regionally.
Already rejected by the Trump administration (other than some few dozen American advisors being brought into the kingdom to help guide a response), Britain is weighing whether to step up.
According to...
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May 28, 2026 / Tyler Durden
NATO Warns Russia's Hybrid War Is Targeting Europe's Energy Grid
NATO Warns Russia's Hybrid War Is Targeting Europe's Energy Grid
Authored by Simon Watkins via OilPrice.com,
European officials fear Russia’s “grey war” is entering a more dangerous phase, with gas pipelines, electricity interconnectors, offshore networks, and subsea infrastructure increasingly vulnerable to sabotage and cyberattacks.
Security sources say Moscow is escalating pressure because the Ukraine war is becoming harder to sustain militarily and economically.
Recent incidents involving Russian-linked vessels and surveillance operations in the Baltic and North Seas have heightened concerns that Europe’s energy grid is becoming a frontline target in the broader confrontation...
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