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Panama Canal Fees Hit Record As El Nino, Hormuz Crisis Choke Global Shipping
Panama Canal Fees Hit Record As El Nino, Hormuz Crisis Choke Global Shipping
Panama Canal transit auction prices have surged to record highs this summer as an intensifying El Niño and disruptions in the Strait of Hormuz upend global shipping routes.
A Bloomberg report Friday morning said a supertanker paid a record $4.6 million at auction to bypass the growing queue and secure an earlier transit slot next week. The spike in canal fees and vessel wait times threatens to further raise freight costs, reinforcing growing concerns about inflationary pressures across...
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May 19, 2026 / Tyler Durden
Americans Who Can Are Dropping Medical Insurance
Americans Who Can Are Dropping Medical Insurance
Authored by Jeffrey Tucker via The Epoch Times,
Have you observed what is happening with medical insurance in the United States? There is an upheaval taking place. You might be experiencing it yourself.
The Wakely Consulting Group has taken upon itself to track trends in the medical insurance market, both pricing and participation.
Their latest report has documented an ongoing and profound shift, one so dramatic that it portends something truly meaningful for the future.
Lacking serious reform of the system from Congress, it seems that consumers...
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Jul 7, 2026 / Tyler Durden
Lithuania To Lift Ban On Nuclear Weapons, Following Finland
Lithuania To Lift Ban On Nuclear Weapons, Following Finland
First it was Finland which lifted its ban on the deployment of nuclear weapons, declaring its willingness to host NATO's arsenal (which is largely provided by the US), and now Lithuania has become the latest European country to move to do the same.
Lithuania, which has been a NATO member state since 2004, has newly declared its willingness to be part of the alliance's nuclear sharing program. "We would like to be the integral part of this nuclear deterrence," Lithuanian President Gitanas...
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Jul 17, 2026 / Tyler Durden
Trump Wants To Revoke Broadcast Licenses Of Networks That Didn't Air His Election Meddling Speech
Trump Wants To Revoke Broadcast Licenses Of Networks That Didn't Air His Election Meddling Speech
President Donald Trump on Thursday said that US TV networks that refused to air his primetime address on election integrity should have their licenses revoked.
President Donald Trump addresses the nation from the East Room of the White House on July 16, 2026 in Washington, DC. Saul Loeb/Pool - Getty Images
During the address, Trump said that both NBC and ABC News said they "would not cover the speech" - something he called a "rare move."
"They knew what...
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