"Bonds Are In Charge...Everything Breaks Over 5%"

How Much Of The Gulf's Water Comes From Desalination Plants? Authored by Mohamed A. Hussein, The United States-Israeli war on Iran has exposed the vulnerability of critical water infrastructure in a region that is among the most water-scarce in the world. Last week, Iran’s foreign minister accused the US of striking a desalination plant on Qeshm Island off the coast of Iran in the Strait of Hormuz. The strike reportedly cut off the water supply to 30 villages. Just 24 hours later, Bahrain said an Iranian drone had caused material damage to one of its desalination...

UAE Crude Output Nears Record High Following OPEC Exit Amid Surge In Chinese Buying The United Arab Emirates raised ‌its crude output to near record highs above 3.8 million barrels per day in June, after the Gulf nation quit OPEC to escape production caps, Reuters reported citing two sources familiar with production data said on Monday. Bloomberg data showed even higher UAE exports, rising to 3.94mmb/d, just shy of the record hit in late 2025. June's output was the highest since April ​2020, according to Reuters estimates, exceeding levels seen before the...

Socialist NYC Mayor Mamdani Inadvertently Hands ICE A Target Map To Catch Illegals Far-left New York City Mayor Zohran Mamdani, who has repeatedly denounced capitalism while promoting a socialist reconstruction of the metro area, sparked uproar this week after releasing a map highlighting 30 migrant enclaves while omitting historic Italian, Irish, and Jewish communities. The map includes areas such as Little Palestine, Little Pakistan, Little Yemen and Little Guyana, but leaves out Little Italy, Irish enclaves including Woodlawn and Sunnyside, and Brooklyn's heavily Orthodox Jewish Borough Park.  Mamdani's decision to leave...