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Fuel Rationing Reaches Moscow Amid 'Second Wave' National Shortages
Fuel Rationing Reaches Moscow Amid 'Second Wave' National Shortages
Already Russia has been subject to many months of a ramped-up long-range drone campaign out of Ukraine, chiefly targeting oil refineries as well as industrial sites - and most recently expanding to online retail companies and attacks on private sector businesses.
Tuesday saw one of the single biggest drone waves on Moscow of the war, for example, with at least 600 sent against against the capital region, resulting in widespread panic and some casualties. Making matters worse for the Russian population, several...
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May 28, 2026 / Tyler Durden
Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades
Bank Of Canada Warns Markets More Vulnerable To Sharp Correction Due To AI Concentration, Basis Trades
The Bank of Canada said the global financial system has functioned (surprisingly) well through recent global shocks, but underscored the risk of a sharp asset price correction as well as vulnerabilities related to the role hedge funds are playing in debt markets.
The central bank’s 2026 financial stability report released Thursday noted financial asset valuations have continued to rise, while the stock market is increasingly concentrated in a handful of large tech companies that are...
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Mar 16, 2026 / Dave DeCamp
US Has Lost About a Dozen MQ-9 Reaper Drones in Iran War
The US military has lost about a dozen MQ-9 Reaper drones since the US and Israel launched the war against Iran on February 28, The Wall Street Journal reported on Monday. The report said the MQ-9s had been lost both on the ground and in the air as Iranian missile and drone attacks have hit […]
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Mar 23, 2026 / Kyle Anzalone
Energy Agency Chief Warns Iran War Created Massive Oil Crisis
International Energy Agency (IEA) Executive Director Fatih Birol said on Monday that the world is facing a massive energy crisis caused by the war against Iran. Birol argued that the current energy crunch is worse than those of the 1970s and the impact of Russia’s 2022 invasion of Ukraine combined. “This crisis, as things stand, […]
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