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Japan, Bretton Woods 2.0, & The End Of The Carry Era
Japan, Bretton Woods 2.0, & The End Of The Carry Era
Japanese Finance Minister Satsuki Katayama is set to announce as early as Monday that Tokyo and Washington are coordinating on steps in the foreign exchange market to curb the yen’s weakness, a person familiar with the situation told Bloomberg.
Satsuki Katayama
The content of the announcement is still being worked on but could happen as early as Monday morning, the person said, declining to be identified as the information isn’t public.
Reuters earlier reported Katayama would confirm the joint action, and reinforce the two sides’ commitment...
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Apr 24, 2026 / Tyler Durden
UAE To Move 50% Of Government Services To AI By 2028
UAE To Move 50% Of Government Services To AI By 2028
Finally a practical use of AI.
In a world swimming in debt and overrun by government bloat and corruption, Dubai is taking a big step into the future. On Thursday, Sheikh Mohammed bin Rashid Al Maktoum, Vice-President of the UAE and Ruler of Dubai, announced that in two years, 50% of UAE's government sectors, services, and operations will run on Agentic AI, arguably the best use of the new technology yet.
The new "government model" was launched under the directive of...
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Mar 23, 2026 / Kyle Anzalone
Trump Postpones Strikes on Iranian Power Plants, Says US and Iran Engaged in Productive Talks
President Donald Trump said he is delaying strikes on Iranian power plants for five days to allow talks between Washington and Tehran to progress. “I AM PLEASED TO REPORT THAT THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE HAD, OVER THE LAST TWO DAYS, VERY GOOD AND PRODUCTIVE CONVERSATIONS REGARDING A COMPLETE […]
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Apr 17, 2026 / Tyler Durden
Google's Stake In SpaceX Could Be Worth $122 Billion At IPO
Google's Stake In SpaceX Could Be Worth $122 Billion At IPO
A long-held investment by Alphabet Inc. in SpaceX could become one of its most valuable bets if the rocket company moves ahead with a public listing, according to Bloomberg.
Regulatory filings indicate Google owned about 6.11% of SpaceX at the end of 2025. At a projected $2 trillion IPO valuation, that stake would be worth roughly $122 billion. After SpaceX’s merger with xAI, the holding is estimated to have diluted to around 5%, or about $100 billion at the same...
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