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Gulf Bond Boom: Record Borrowing Fuels Race To Future-Proof Against Hormuz Shutdown
Gulf Bond Boom: Record Borrowing Fuels Race To Future-Proof Against Hormuz Shutdown
Gulf monarchies are hitting international debt markets at a record-shattering pace, Bloomberg figures show, amid a conflict-driven rush to harden domestic infrastructure and forge alternative supply corridors that bypass the vulnerable and effectively closed Strait of Hormuz. Added to this, just this month, Red Sea passage has become another problematic area, as the Houthis have targeted several Saudi vessels with missiles and drones.
Regional heavyweights led by the UAE and Saudi Arabia are seeking massive funding for new or...
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Oct 16, 2026 / Tyler Durden
Mamdani Moves To Ban Horse Carriages From NYC, Drivers React
Mamdani Moves To Ban Horse Carriages From NYC, Drivers React
Authored by Nicholas Zifcak via The Epoch Times,
Mayor Zohran Mamdani has confirmed that he and the City Council speaker have agreed to phase out carriage horse rides in Central Park, a win for animal rights activists who have long opposed the rides.
The mayor said he would make sure workers and owners are protected as the rides wind down, with an end date of June 1, 2028.
"I think that we have a civic responsibility to ensure that we are not leaving...
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Aug 20, 2026 / Tyler Durden
Hawaii Could Face Another Hurricane This Weekend
Hawaii Could Face Another Hurricane This Weekend
Authored by T.J.Muscaro via The Epoch Times,
Hawaii could face its second tropical storm or hurricane in a week as a low-pressure system was reported on Aug. 19 to be developing near the islands.
Another tropical storm is expected to develop in the Central Pacific as Hurricane Lala moves away from Hawaii on Aug. 19, 2026. National Hurricane Center
The National Hurricane Center warned that the system was developing thunderstorms that had a 90 percent chance of organizing into a cyclone in the next 48 hours.
“Environmental...
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Feb 19, 2026 / Dave DeCamp
US Launches 36th Airstrike of the Year in Somalia
US Africa Command said in a press release on Wednesday night that its forces launched another airstrike in Somalia on February 17 as the Trump administration continues its record-breaking bombing campaign in the country. The command said the strike targeted al-Shabaab in the vicinity of Harbole, a village about 46 miles northwest of the southern […]
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