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Forget Reminding Young People About 'Boat People': South America's Rejection Of Socialism Is Happening In Real Time
Forget Reminding Young People About 'Boat People': South America's Rejection Of Socialism Is Happening In Real Time
Andy Laperriere, Piper Sandler's head of US policy research in Washington, wrote in a note on Thursday that explained both parties are moving left on economic policy as populist measures gain support across the political spectrum. His big-picture view is that "hard-left and socialist candidates" are damaging the Democratic brand primarily through deeply unpopular positions on open borders, defunding the police, and transgender politics. In effect, the party's socialist class is willing to...
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May 16, 2026 / Tyler Durden
Samsung, South Korean Union Resume Talks As Strike Threat Risks Disrupting Memory Chip Fabs
Samsung, South Korean Union Resume Talks As Strike Threat Risks Disrupting Memory Chip Fabs
Heavy selling swept across Asian markets on Friday, with South Korea's benchmark KOSPI plunging 6% as traders aggressively reduced exposure to the country's semiconductor sector. Samsung Electronics and SK Hynix led the decline. The catalyst for the sell-off was labor action risk headlines at Samsung, where the company's union threatened a strike that could disrupt production lines at the world's largest memory chip manufacturer.
By Saturday morning, there was a major sigh of relief: Samsung and its...
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Apr 30, 2026 / Tyler Durden
Growing Division In Iran's 'Hardline Camp' Emerges Over Halting All Talks With US
Growing Division In Iran's 'Hardline Camp' Emerges Over Halting All Talks With US
It remains difficult to know what's really going on inside Iran, and to accurately assess the state of the country's internal politics, but Financial Times describes a situation of hardliners vs. moderates duking it out to see whether negotiations with the United States should continue.
The report comes well after President Trump and the White House have at various times alleged Tehran governance is 'fractured' and the state is even 'collapsing' - which seems exaggerated if not flatly...
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Jul 9, 2026 / Tyler Durden
AI Price War Breaks Out: Meta Unveils Paid AI Model For First Time, Will Be "Among Most Affordable Options"
AI Price War Breaks Out: Meta Unveils Paid AI Model For First Time, Will Be "Among Most Affordable Options"
Shortly after a leaked Meta memo revealed the company was planning on putting an AI chip into production in September as it looks to double computing capacity to 14Gigawatts, the company also unveiled a version of its most advanced artificial intelligence model, Muse Spark 1.1, that includes a new paid tier for developers, marking the first time Meta has charged businesses for access to its models and providing a new revenue...
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