Article
Economic D-Day: Treasury Secretary Bessent Announces Operation Economic Outcast Against Iran
Treasury Secretary Scott Bessent announced a new economic war against Iran dubbed Operation Economic Outcast. “At President Trump’s direction, the United States Treasury has begun Operation Economic Outcast, an unprecedented campaign against the Islamic Republic of Iran and its enablers,” Bessent said on Monday. “In the Second World War, D-Day marked the historic beginning of […]
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May 2, 2026 / Tyler Durden
Ahead Of Trump-Xi Summit, Beijing Tells Chinese Firms To Ignore U.S. Sanctions On "Teapot" Refineries
Ahead Of Trump-Xi Summit, Beijing Tells Chinese Firms To Ignore U.S. Sanctions On "Teapot" Refineries
President Donald Trump is set to travel to Beijing in mid-May for a summit with Chinese President Xi Jinping, the first U.S. presidential visit to China in eight years, and a meeting already delayed once by the Iran war.
The pair will obviously discuss the U.S.-Iran conflict and the resulting energy shock, which has hit Asia fastest and hardest. There is no shortage of issues for the two leaders to discuss, including Taiwan, trade, AI chip...
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Jul 23, 2026 / Joakim Book
How Norway Built the World’s Largest Fund and a Thriving Economy to Boot
Norway sits on large oil deposits, yet has managed to avoid the “resource curse” that has bedeviled so many nations that have abundant natural resources, but severely mismanage their economies.
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Jul 12, 2026 / Tyler Durden
With Dismissed Lawsuits And DOE Support, Holtec Delays Palisades Nuclear Plant Restart Further
With Dismissed Lawsuits And DOE Support, Holtec Delays Palisades Nuclear Plant Restart Further
Holtec announced last week that the major refurbishment projects at Palisades are complete.
Reactor vessel inspections, head penetration replacements, steam generator tube refurbishment, primary system decontamination, and operator training all wrapped up. New fuel now sits on site, ready for loading. The company called it a "watershed moment" and shifted focus to grinding through the remaining work.
Yet there is still no restart date…
“Holtec International remains on track to restart operations at Palisades in October 2025”
These are...
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