US Bombs Somalia for 78th Time This Year

"Real Alien Shit!": Downed US Pilot Reported Seeing Iranian Drones Swarm in 'Jellyfish' Formation Authored by Antiwar.com via Dave DeCamp CNN has reported that the pilot of a US F-15 fighter jet that was shot down over Iran during the US-Israeli bombing campaign in April reported seeing a swarm of Iranian drones in a formation that resembled a jellyfish before he ejected from the aircraft. Sources told the outlet that the pilot reported what he believed he saw to US intelligence officials, setting off a debate within US intelligence agencies about Iran's potential drone...

China's Helium Export Ban Raises New Risks For Global Supply Chains Authored by Michael Zhuang via The Epoch Times, China has imposed a temporary ban on helium exports, adding fresh uncertainty to global supplies of a gas essential to semiconductor manufacturing, aerospace, medical equipment, and other high-tech industries. The first pilot helium production facility in Europe, located in Saint-Parize-le-Châtel, France, on Sept. 11, 2024. FREDERIC MOREAU/Hans Lucas via AFP/Getty Images The July 10 announcement by China's Ministry of Commerce and General Administration of Customs comes as Beijing faces mounting pressure on its own...

Musical Chairs By Molly Schwartz, cross-asset macro strategist at Rabobank Yesterday, Trump spoke with Xi in Beijing. While markets kept a watchful eye on any headlines about the war in Iran, palates were left dry as only tepid announcements dripped out, such as that China “offered help” on Iran and “pledged not to send weapons.” What they did not manage to evade was a conversation about Taiwan. During the two and a half hour conversation with Trump, Xi underscored that US intervention in Taiwan could trigger a “highly dangerous situation.” While...