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Iran, Oman Reach Strait of Hormuz Revenue Sharing Deal

Iranian officials have announced that Tehran and Muscat will split the revenue generated by tolls for vessels crossing the Strait of Hormuz. The two countries also agreed to limited military transits through the critical waterway.  “Agreements have been reached regarding each country’s share of the strait’s waters as well as Iran and Oman’s share of […]
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Jun 5, 2026 / Tyler Durden
University Of Oregon Grapples With Budget Crisis After Years Of Woke Excess
University Of Oregon Grapples With Budget Crisis After Years Of Woke Excess Authored by Jonathan Turley, It appears that being unrelentingly woke means that you need fewer dormitories. The University of Oregon is facing a major budget crisis and will cut $65 million from its budget and close dorms due to low enrollment. That growing crisis, however, did not stop Oregon from burning almost a million dollars fighting against free speech. It also did not induce its faculty to offer greater intellectual diversity and tolerance to prospective students. Oregon is a cautionary tale...
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Jeff Deist
Why I Joined Monetary Metals
Nov 5, 2026 / Tyler Durden
Nintendo Switch 2 Sales Plunge Amid Memory Crisis; Bernstein Calls It "Not A Good Result"
Nintendo Switch 2 Sales Plunge Amid Memory Crisis; Bernstein Calls It "Not A Good Result" Nintendo Switch 2 sales came in materially below Wall Street expectations. Second quarter earnings showed a 41% decline in sales as price increases, shortages, and the memory crisis weighed on demandThe Kyoto-based gaming company sold 2.67 million consoles in the three months ended Sept. 30, down from 3.82 million in the previous quarter. Nintendo hiked prices in the US, Canada, and Japan as a global memory chip shortage drove up component costs. Revenue for the quarter...
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