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The US Is Pressuring China to Adopt Economic War Against Iran
Secretary of the Treasury Scott Bessent called on China to help enforce President Donald Trump’s economic war on Iran. Trump announced the escalating sanctions against Iran in a Truth Social post on Wednesday. “No one has given the Islamic Republic of Iran a greater opportunity to make a Deal than me. TRAGICALLY, for them, they […]
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Jun 12, 2026 / Tyler Durden
'US-Iran Deal Is Near' Narrative Returns, But Tehran Refuses To Surrender Hormuz Leverage
'US-Iran Deal Is Near' Narrative Returns, But Tehran Refuses To Surrender Hormuz Leverage
After having heard the same line many, many times before - and yet with no result (instead, more often the opposite of sliding into further conflict and escalation) - Pakistan’s Ministry of Foreign Affairs on Friday welcomed the "progress" made between the United States and Iran in indirect negotiations.
CNN and other mainstream outlets are reporting on this "hint" that an interim deal taking shape (again). But given the pattern and track record of such reporting, which has consistently...
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Aug 19, 2026 / Dave DeCamp
Trump Says He Intends To Meet With North Korean Leader Kim This Year
President Trump said Wednesday that he plans to meet with North Korean Leader Kim Jong Un sometime this year, though Pyongyang has not yet confirmed that Kim is interested in talks. “I get along with him well,” Trump said, according to The Washington Post. “And you know what? The fact that I get along with […]
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May 5, 2026 / Tyler Durden
PayPal Prepares Job Cuts As New CEO Takes "Deliberate Steps" In Turnaround Strategy
PayPal Prepares Job Cuts As New CEO Takes "Deliberate Steps" In Turnaround Strategy
PayPal shares fell 10% in the early U.S. cash session after CEO Enrique Lores began a turnaround effort aimed at "taking deliberate steps to sharpen focus and accelerate growth."
Lores is pushing forward with a new turnaround plan that could generate at least $1.5 billion in savings for the struggling payment platform over the next two to three years. This will allow the company to reinvest in technology modernization. Lores said in an earnings release that PayPal...
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