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Putin's First Ever Visit To Japanese-Claimed Islands Provokes Outrage In Tokyo
Putin's First Ever Visit To Japanese-Claimed Islands Provokes Outrage In Tokyo
Russian President Vladimir Putin on Thursday made a provocative visit to the far-eastern Kuril islands for the first time ever. Japan immediately lodged a "strong" protest given it also has long claimed the territory, resulting in an avalanche of denunciatory headlines in Japanese press.
Putin held a meeting there "on ensuring the security of Russia's eastern borders," state RIA Novosti said. Japanese Foreign Minister Toshimitsu Motegi shot back: "The Northern Territories are an inherent part of Japan's territory both historically and...
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Apr 14, 2026 / Tyler Durden
Global Oil Demand Growth Completely Wiped Out By Gulf Energy Shock
Global Oil Demand Growth Completely Wiped Out By Gulf Energy Shock
The global demand destruction playbook we outlined last month, describing how the Gulf energy shock would spread across continents, is now materializing on a large scale. The International Energy Agency said in a Tuesday update that global oil demand will decline this year for the first time since 2020.
"The Iran war has thoroughly upended the global outlook for oil consumption," the IEA wrote in its Oil Market Report. "Demand destruction will spread as scarcity and higher prices persist."
The IEA...
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Jun 4, 2026 / Tyler Durden
EU Could Lose 1.3 Million Jobs Due To Energy Price Surge From Iran War
EU Could Lose 1.3 Million Jobs Due To Energy Price Surge From Iran War
Up to 1.3 million jobs across the EU are at risk because of the ongoing war in the Middle East, European Commissioner for jobs Roxana Mînzatu said on Wednesday.
"Due to the war in the Middle East, up to 1.3 million jobs are at risk, particularly in energy-intensive industries," Mînzatu said at a press conference.
"Let me also underline that increased energy costs will have a particular negative impact on lower-income households in Europe, which is why we...
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Jun 21, 2026 / Tyler Durden
Trump Is Furious With Senate GOP, Puts Thune In His Crosshairs
Trump Is Furious With Senate GOP, Puts Thune In His Crosshairs
Donald Trump does not like the word "no." He likes it even less when it comes from John Thune, the Senate majority leader whose job description apparently does not include telling the president what he wants to hear. That dynamic has now spilled into public view, and the fallout says as much about the state of the Republican Party as it does about any single piece of legislation.
The flashpoint is the SAVE America Act. The House passed it back...
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