Russia Admits Renewed Petrol Shortages After Recently Claiming Situation Was Stabilized

President Trump threatened on Monday to “take out” the “entire country” of Iran and said it could happen on Tuesday night, referring to his ultimatum for Tehran to open the Strait of Hormuz. “The entire country could be taken out in one night, and that night might be tomorrow night,” Trump said at a press […]

Turkey's Fix For Its $20 Billion Hedge Fund Meltdown: Kindly Ask The Winners To Give The Money Back Two weeks after a cluster of Istanbul asset managers stopped honoring redemptions, triggering a market-wide circuit breaker and the liquidation of 131 funds held by some 455,758 Turkish retail investors, Ankara has unveiled its plan to make everyone whole. Or at least, to make everyone a little bit less un-whole. As Bloomberg reports, Turkey will start payments to investors caught in the fund crisis. The Capital Markets Board (SPK) approved interim payments of...

How Social Media Verdicts Could Upend Tech Industry Authored by Jacob Burg via The Epoch Times, Two major court verdicts last week finding social media giants Meta and YouTube liable for harm to users could send shock waves through the tech industry. In a first-of-its-kind lawsuit, a jury in Los Angeles on March 25 found both companies liable for making their platforms addictive and deleterious to the mental health of young users. The 20-year-old plaintiff, referred to as “Kaley G.M.” or only her initials K.G.M. during trial, testified that she had become addicted...