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Argentina's Milei Borrows Warren Buffett's Idea To Punish Deficit-Spending Politicians
Argentina's Milei Borrows Warren Buffett's Idea To Punish Deficit-Spending Politicians
More than two years after campaigning to "blow up" Argentina's central bank, President Javier Milei has announced his "Fiscal Shackle" bill - a permanent rule aimed at preventing Argentina from approving or maintaining budgets with fiscal deficits that could have consequences for politicians.
On Thursday, in a speech recorded at the Casa Rosada and broadcast nationwide, Milei proposed an overhaul that would restore the Central Bank of Argentina's sole mandate of preserving the currency's value, stop direct and indirect financing of...
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Sep 11, 2026 / Tyler Durden
Piper Sandler Sounds Alarm: Shrinking Oil Buffers To Collide With Winter Demand
Piper Sandler Sounds Alarm: Shrinking Oil Buffers To Collide With Winter Demand
Piper Sandler global energy strategist Jan Stuart wrote in a note on Friday that the physical oil market is flashing major warning signs, including disrupted exports, depleted inventories, and an ongoing diesel shortage crisis, all converging ahead of stronger fourth-quarter demand.
Saudi Arabia's export squeeze is becoming a major problem. The kingdom's crude shipments remain halved as Iran-backed Houthis begin to dent Red Sea loadings while Persian Gulf shipments remain depressed. Houthis overnight seized Mokha in the Bab el-Mandeb Strait, suggesting commercial traffic...
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Sep 13, 2026 / Tyler Durden
Yemen Blame Game Begins: "Saudi-American F**k Up Of Epic Proportions"
Yemen Blame Game Begins: "Saudi-American F**k Up Of Epic Proportions"
An official affiliated with Saudi-backed militias in Yemen told CNN that the Houthis "committed everything they had – waves upon waves of fighters... along with their available ballistic missiles and weapons."
"But the air support never came," the source said in reference to the fact that the Saudi-backed side rapidly folded and retreated in just days last week. "And Mocha has now fallen." The blame game has begun after a mere 36 hours has seen the Saudi coalition fracture on the ground,...
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Apr 22, 2026 / Dave DeCamp
Senate To Vote on War Powers Resolution To Block US Attack on Cuba
Next week, the Senate is expected to vote on a War Powers Resolution aimed at preventing a US attack on Cuba amid reports that the Pentagon is ramping up preparations for a potential war against the island nation. The bill, S.J.Res. 124, was introduced last month by Senators Tim Kaine (D-VA), Adam Schiff (D-CA), and […]
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