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European Wildfires, Net-Zero Stagnation, & The Great Industry Displacement

European Wildfires, Net-Zero Stagnation, & The Great Industry Displacement Authored by Daniel Lacalle, Europe’s wildfire crisis has also exposed the failure of public spending rhetoric unsupported by effective land and forest management. EU governments spent 40.6 billion euros on fire protection services in 2023. In 2022, the total expenditure stood at EUR 37.4 billion. The European Court of Auditors discovered that spending oversight was incomplete, result monitoring was weak, and there was no assurance that the most impactful actions received financing. At the same time, the average annual burnt area in...
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Jul 23, 2026 / Andrew P. Napolitano
The American Presidency and Perpetual War
One of the defining failures of modern American government has been the steady erosion of Congress’s constitutional authority over war. The Constitution grants Congress — not the president — the power to declare war. Congress decides to go to war. The president wages it. Over the past several decades, presidents of both major parties have […]
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Sep 29, 2026 /
Saudi, UAE and Israel Meet to Discuss How to Defeat Ansar Allah
Israeli Prime Minister Benjamin Netanyahu traveled to Abu Dhabi on Sunday to meet with UAE President Mohamed bin Zayed al Nahyan, Saudi officials, and other representatives from Arab states to discuss Ansar Allah in Yemen.  Earlier this month, Ansar Allah launched a large-scale offensive that captured much of Yemen’s Red Sea coastline and territory from […]
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Oct 2, 2026 / Tyler Durden
'Massive Short Squeeze': Yields, Rate-Hike Odds Plummet After Piss-Poor Payrolls Print
'Massive Short Squeeze': Yields, Rate-Hike Odds Plummet After Piss-Poor Payrolls Print With nonfarm payrolls printing below even the weakest analyst's forecast, the market's reaction has been uniformly dovish with rate-hike odds plummeting, treasury yields tumbling, stocks soaring, dollar down and gold and crypto higher. The biggest impact of the piss-poor payrolls print was the market basically pricing out a hike in October... With less than one total hike (22.5bps) now priced in for 2026 (and only 2 more hikes in 2027)... Yields are all down, led by the short-end... Which makes sense given that...
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