Article
US Treasury Informed Banks It May Intervene In Japan's Yen, As Market Laughs At BOJ's Own Attempts To Prop Up Currency
US Treasury Informed Banks It May Intervene In Japan's Yen, As Market Laughs At BOJ's Own Attempts To Prop Up Currency
While the BOJ understandably refuses to admit it spent a record $140BN (across all markets, $90BN on EBS) to briefly manipulate the Japanese yen higher...
... ahead of yet another disappointing (non-rate hike) decision (according to some calculations, Japan's central bank is about 100 bps of rate hikes behind to stop the ongoing collapse of the yen), others are less shy.
According to Reuters, similar to the last failed intervention by...
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Jun 29, 2026 / Tyler Durden
US Boosts Venezuela Earthquake Aid To $300 Million As 50,000 Remain Missing
US Boosts Venezuela Earthquake Aid To $300 Million As 50,000 Remain Missing
Summary:
US Increases Earthquake aid
Aftershock rattles Caracas on Monday morning
+50,000 people remain missing according to independent monitoring platform
US Military Begins Humanitarian Operation In Quake-Ravaged Venezuela
US Increases Earthquake Aid
The US has increased its financial commitment to Venezuela's earthquake response to more than $300 million, according to the State Department.
We reported this past weekend that U.S. military personnel were, in fact, on the ground and had begun search-and-rescue operations.
The latest pledge includes an additional $50 million in funding for partner operations, on top...
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Apr 6, 2026 / Tyler Durden
Iran Conflict Spotlights Nuclear Energy As Key To Global Energy Security
Iran Conflict Spotlights Nuclear Energy As Key To Global Energy Security
The ongoing disruptions tied to Iran’s energy infrastructure and the Strait of Hormuz, have once again exposed the fragility of global oil supplies. As oil prices swing on geopolitical headlines, the founder and executive chairman of Nano Nuclear Energy, Jay Yu, underscored the critical alternative during a recent Fox Business appearance: nuclear power offers “consistent baseload energy”, while oil remains “a finite commodity” vulnerable to conflict.
Jay Yu emphasized that the current spotlight on nuclear is drawing “institutional investors, and...
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Jul 11, 2026 / Tyler Durden
Fifth Circuit Rules Against In-State Tuition For Illegal Aliens
Fifth Circuit Rules Against In-State Tuition For Illegal Aliens
Authored by Catherine Salgado via PJMedia.com,
The Fifth Circuit Court of Appeals has ruled in favor of the Trump administration and against woke states or universities that try to provide special tuition breaks to illegal aliens.
Brett Shumate, who serves as the assistant attorney general for the Department of Justice (DOJ) Civil Division, celebrated the court win on Thursday, July 9. This is a victory not only for the Trump administration, which is trying to enforce laws at the state level against law-breaking...
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