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Report: Saudi Arabia To Announce New Red Sea Coalition To Counter Yemen’s Ansar Allah

Saudi Arabia is seeking to form a new multinational coalition to pre-empt any effort by Yemen’s Ansar Allah, also known as the Houthis, to shut down the Bab el-Mandeb Strait, Al-Monitor reported on Wednesday. Following Saudi airstrikes on Yemen’s Sanaa International Airport earlier this month, Ansar Allah has targeted oil infrastructure inside Saudi Arabia and […]
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Jul 16, 2026 / Tyler Durden
The Big Pharma Psychedelic Buyout Spree Has Begun
The Big Pharma Psychedelic Buyout Spree Has Begun Submitted by QTR's Fringe Finance Massive validation for psychedelics…not as drugs, but as investments could be moments away. Just months after I argued for the millionth time that psychedelic drug developers were likely to become acquisition targets as the sector gained legitimacy, it looks like the first major domino may finally be falling. According to a Bloomberg report published moments ago, Eli Lilly is in talks to acquire AtaiBeckley, one of the leading developers of next-generation psychedelic therapies. While nothing is finalized, Bloomberg reports a deal could...
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Mar 4, 2026 / Tyler Durden
Hollywood Celebrities Flee The US As The Woke Movie Industry Implodes
Hollywood Celebrities Flee The US As The Woke Movie Industry Implodes The collapse of Hollywood has been on the radar for some time now, though the industry consistently and vehemently denies they are in decline.  The movie industry Titanic is sinking fast and the celebrity rats are abandoning the ship.  Some of are even leaving the US for foreign shores.  The media claims that the death of Hollywood is a signal that America is "no longer the cool country." This was the narrative of Fortune Magazine in a recent article discussing...
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Jul 3, 2026 / Tyler Durden
Two Thirds Of Americans Still Think It's A Bad Time To Buy A House
Two Thirds Of Americans Still Think It's A Bad Time To Buy A House Americans looking to buy a house are currently facing conditions that make it hard for anyone but the very wealthy to afford buying a home. Elevated home prices combined with mortgage rates that have rebounded from historic mid-pandemic lows to levels last seen in the early 2000s are causing major headaches for would-be home buyers. To make things worse, many Americans had to dip into their savings during the past few years of high inflation, making it very hard...
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