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G20 Plans "Death By A Thousand Cuts" For China's Economy
G20 Plans "Death By A Thousand Cuts" For China's Economy
By Benjamin Picton, senior market strategist at Rabobank
The Natural Equilibrium
G20 finance ministers, central bank governors and a handful of high-profile CEOs gathered in Asheville, North Carolina, yesterday. Treasury Secretary Scott Bessent held court, telling allies that the only way out of heavy debt loads is growth, and that they needed to do more to confront China on its structural trade imbalances.
The latter point is particularly salient as Bessent prosecutes new restrictions against trade with Iran under Operation Economic Outcast. China...
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Aug 10, 2026 / Tyler Durden
Tehran Doubles Down On Hormuz Demands As Hardline IRGC Commander Promoted To National Security Chief
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After President Trump said Sunday that the US is now "low-keying it" with Iran and only "semi-negotiating" following a top Iranian security official having laid out multiple stringent conditions for the opening of the Strait of Hormuz, oil is edging higher on Monday.
"We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact they have no money," Trump told Axios reporter Barak Ravid in comments we analyzed earlier, signaling his return to an...
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Jun 13, 2026 / Tyler Durden
What's In A Name? Alaska GOP Succeeds In Stopping Democrats From Stealing The Senate Election
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Alaska's election officials may have just saved a U.S. Senate seat from one of the more brazen ballot schemes in recent memory. The state's Division of Elections issued a preliminary ruling this week that Dan J. Sullivan of Petersburg is ineligible to appear on the 2026 Senate ballot, dealing a significant blow to Democrats - in what Republicans have characterized as a coordinated Democratic effort to siphon votes from incumbent Sen. Dan Sullivan through deliberate...
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Aug 9, 2026 / Tyler Durden
Turkish FM Affirms Defense Pact With Pakistan, Saudi Arabia Is Same As NATO's Article 5
Turkish FM Affirms Defense Pact With Pakistan, Saudi Arabia Is Same As NATO's Article 5
World leaders have been reacting to the Friday signing of a major defense agreement between Saudi Arabia, Turkey and Pakistan in the Saudi city of Makkah among their heads of state. It seeks to strengthen joint deterrence and expanding defense cooperation, the Saudi Press Agency said.
As we reported, it essentially a NATO-style agreement for the 'Muslim world' - given that it stipulates and formalizes that an armed attack on any of the countries will be treated as an...
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