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Buy-Now-Pay-Later Klarna Crashes As Outlook Cut Exposes Consumer Growth Cracks
Buy-Now-Pay-Later Klarna Crashes As Outlook Cut Exposes Consumer Growth Cracks
Klarna, the Swedish fintech firm best known for its buy now, pay later services, crashed in premarket trading in New York after it lowered its full-year revenue and gross merchandise value forecasts following a second-quarter active-user miss, overshadowing stronger-than-expected earnings.
The buy-now, pay-later firm now expects 2026 revenue of $4.08 billion to $4.16 billion, down from a previous forecast exceeding $4.34 billion. Gross merchandise value is projected to be $149 billion to $151 billion, compared with earlier guidance of above...
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Oct 7, 2026 / Tyler Durden
China In Large Russia-Hosted Drills Featuring 'Applied Lessons Of Ukraine War'
China In Large Russia-Hosted Drills Featuring 'Applied Lessons Of Ukraine War'
Russia has just wrapped up hosting mass military drills involving troops and defense technology from eight countries which state media hailed as applying lessons learned from the Ukraine war.
The Tsentr-2026, or Centre-2026, drills ran throughout all last week into Saturday, located in the central western Chelyabinsk region, which is situated in the southern Ural Mountains - with on Friday President Putin being on hand to observe the exercise.
Dronies deployed during military drills in Chelyabinsk, Russia. Getty ImagesImportantly, China's military...
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May 21, 2026 / Tyler Durden
Where Inflation Is Highest In Europe In 2026
Where Inflation Is Highest In Europe In 2026
Inflation has eased from its recent peaks, but price growth remains stubbornly high across much of Europe.
This graphic, via Visual Capitalist's Gabriel Cohen, ranks 36 European countries by annual inflation rate, using the latest available 2026 data from Eurostat and the UK Parliament.
Annual inflation measures how much consumer prices have risen over the previous 12 months, such as from April 2025 to April 2026.
Where Inflation is Highest in Early 2026 in Europe
Romania has the highest inflation rate in Europe at 9.0%, followed by Kosovo at...
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May 7, 2026 / Tyler Durden
Age Verification PsyOp? Kids Bypass UK Government Tech With Fake Moustaches
Age Verification PsyOp? Kids Bypass UK Government Tech With Fake Moustaches
Authored by Steve Watson via Modernity.news,
The UK government’s much-hyped age verification system for social media has been reduced to a joke overnight – and the punchline is being delivered by schoolkids armed with makeup pencils and fake facial hair.
A damning new report from Internet Matters reveals that more than a third of UK children have already figured out how to dodge the latest “safeguards” imposed under the draconian Online Safety Act.
Methods include entering fake birthdays, borrowing logins, and –...
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