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Iran Shifts From Defensive To 'Fully Offensive' Posture, Denies Trump-IRGC Backchannel, Seizes UAE Ship

Iran Shifts From Defensive To 'Fully Offensive' Posture, Denies Trump-IRGC Backchannel, Seizes UAE Ship Summary Iran goes "fully offensive": Tehran threatens escalation if diplomacy fails, after last week's military command reshuffle. MoU expires: Iran says the US-Iran agreement is effectively dead & "irrelevant".  Trump threatens Oman: Trump warns "we'll bomb the s**t out of them." Backchannel denied: Tehran rejects Trump's claim of IRGC communications. Strait of Hormuz traffic returns to normal by September 30? Yes 12% · No 89%View full market & trade on Polymarket *  *  * Oil Spikes as Hormuz Developments Continue from Bad to...
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May 13, 2026 / Jason Ditz
Israel Attacks Lebanon’s Main Coastal Highway, Killing 12 Including Two Children
Israeli airstrikes were targeting Lebanon’s main coastal highway south of the capital city of Beirut today, hitting at least seven vehicles and killing 12 people, along with wounding an unspecified number of others. The main strikes were reported earlier in the day between Beirut and the key port city of Sidon, but there were other, […]
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Apr 10, 2026 / Joshua Mawhorter
A Note on “Currency” in Colonial America
In studying history, it is key to avoid definitional anachronism—failing to note how a word has changed over time and assuming the present meaning was the same in the past. This is often the case with the word currency as used in colonial America.
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Jul 10, 2026 / Tyler Durden
China Shuts The Helium Valve As Qatar Outage Deepens Global Supply Squeeze
China Shuts The Helium Valve As Qatar Outage Deepens Global Supply Squeeze China has abruptly banned helium exports, a key component in semiconductors, which adds yet another serious constraint to a global market already reeling from the loss of production in Qatar. In a two-sentence Friday announcement, China's Ministry of Commerce and General Administration of Customs said helium covered by customs code 2804290010 was subject to a temporary prohibition on exports, effective immediately. The agencies cited China's Foreign Trade Law but provided no explanation, expiration date, transition period or exemptions. Any...
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