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Bessent Drops Iran Sanctions Hammer On Dozens Of Chinese Firms, Spares Big Banks As Beijing Threatens Retaliation
Bessent Drops Iran Sanctions Hammer On Dozens Of Chinese Firms, Spares Big Banks As Beijing Threatens Retaliation
The Trump administration's "Operation Economic Outcast" has expanded the sanctions campaign across China and Hong Kong, targeting dozens of individuals and businesses while intentionally holding off on sanctioning major Chinese banks that keep Tehran connected to the global financial system. Beijing, meanwhile, signaled earlier Tuesday that it would not retreat from its economic relationship with Iran, raising the risk that Trump's economic war against Tehran could evolve into a direct confrontation with China,...
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Sep 22, 2026 / Tyler Durden
The Big State Monetary And Fiscal System Is Over
The Big State Monetary And Fiscal System Is Over
Authored by Daniel Lacalle via dlacalle.com,
In 2021, The Economist ran an entire number hailing "The Return of Big Government" as the end of the so-called - but inexistent in practice - "austerity" paradigm and the evidence that more spending and a big state was the solution to the post-covid world, delivering economic growth, social spending, and sustainability.
In 2025, the same publication ran a number called "The Coming Debt Crisis." The outcome of the return of big government was the return of...
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Jun 15, 2026 / Tyler Durden
'Manufactured Story': Hegseth Goes Off In CBS Interview On Crisis Of US Arms Stockpiles
'Manufactured Story': Hegseth Goes Off In CBS Interview On Crisis Of US Arms Stockpiles
Pentagon chief Pete Hegseth joined CBS's Margaret Brennan on Sunday for an interview which quickly degenerated into a tense, finger-pointing segment over billions poured into the military-industrial complex, as well as foreign coffers, amid multiple global hotspots and a couple major war fronts - most notably Ukraine and the Middle East.
Brennan pressed Hegseth on the hollowed-out state of American arms stockpiles, invoking a recent plea from Ukraine for localized weapon production. "Let me ask you before...
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Jul 5, 2026 / Tyler Durden
Red Sea Blockage Fears: Cargo Ship Attacked Off Southwest Yemen
Red Sea Blockage Fears: Cargo Ship Attacked Off Southwest Yemen
A Red Sea disruption would be terrible timing for global shipping and energy markets, coming just as vessel traffic through the Strait of Hormuz has started to normalize in recent weeks.
An overnight report that a cargo ship was attacked by "armed assailants" in the southern Red Sea off Yemen is a reminder that the region's maritime-risk premium has not totally disappeared; it has simply shifted chokepoints.
"UKMTO has received a report of an incident 30NM southwest of Al Hudaydah, Yemen. A...
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