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Closed Borders Killing Western Union, Earnings Call Transcripts Reveal
Closed Borders Killing Western Union, Earnings Call Transcripts Reveal
Western Union CFO Matt Cagwin quietly acknowledged in yesterday’s earnings call that fewer border crossings under the Trump admin are chipping away at the remittance behemoth’s profits:
“New migration is the lifeline of our retail business. With borders closed, it is difficult to offset natural attrition… as consumers return home to their native countries,” Cagwin said.
WU has long been the dominant vampire skimming absurd fees off international remittances while providing no technological convenience that Venmo hasn’t already surpassed. It’s instead maintained its...
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Oct 12, 2026 / Tyler Durden
Watch: Trump Says Russia & Ukraine 'Agreed' To Ceasefire Because He Told Them They Did
Watch: Trump Says Russia & Ukraine 'Agreed' To Ceasefire Because He Told Them They Did
Update(1828ET): President Trump in a late in the day Monday exchange with reporters said that Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin must come together to end the war.
He told the press at the White House that there had been violations of his proposed "energy ceasefire" by both Ukraine and Russia. Trump had previously stated that the warring sides agreed to an energy ceasefire, which Zelensky has balked at, saying specifics of when such...
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Oct 27, 2026 / Tyler Durden
Why Can't Farmers Butcher Their Own Animals? A New Bill Could Change That
Why Can't Farmers Butcher Their Own Animals? A New Bill Could Change That
Authored by Mollie Engelhart via The Epoch Times,This past weekend, I was sitting at the Weston A. Price Foundation's Wise Traditions Conference when Rep. Thomas Massie (R-Ky.) took the stage. Before he could say a word, the audience rose to its feet in a standing ovation.During his speech, he mentioned legislation he had introduced that would allow small American farmers to slaughter and process their own livestock and sell that meat directly to consumers without mandatory federal...
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Jun 23, 2026 / Tyler Durden
The Next Commodity Supercycle Has Already Started
The Next Commodity Supercycle Has Already Started
Authored by Chris Macintosh via InternationalMan.com,
The world rotates between two sectors: technology and energy.
You have to turn the lights on or nothing happens. You need both the lights and the energy to power them. No lights, only energy? Nothing. Lights with no energy? Nothing.
Essentially you have to innovate or you never progress. Markets tend to rotate between those two broad sectors accordingly.
Go back to the height of the energy boom in 2013 and 2014. You couldn’t give Microsoft away. Energy, on the other...
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