Preface

Hezbollah Supporters Block Roads, Encircle Govt Buildings In Beirut Over Israel Deal: 'They Sold Us Out' Mass protests broke out in Beirut on Friday into Saturday, with supporters of Hezbollah voicing their outrage at the Lebanese government having just signed a 'trilateral peace framework' with Israel and the United States, despite the IDF occupation of southern territory and sporadic Israeli bombings persisting.  Hundreds of motorcycle-riding supporters were also seen circling streets through central Beirut, near the parliament building and along airport road. In some cases protesters blocked roads near sensitive government...

Russian Black Sea Town Plunged Into Environmental Catastrophe After 4th Drone Strike On Oil Complex Russia's Tuapse on the Black Sea can't catch a break as it has been hit by Ukrainian drones for the fourth time within only a month, after a series of devastating attacks in April which unleashed large fires. On Friday another fire broke out at a marine terminal in Tuapse after this latest Ukrainian drone strike, regional emergency officials have confirmed. Over 100 fire-fighting personnel are battling the blaze. Tuapse has already been under a state of emergency...

The Permanent Distortion Theory Submitted by QTR's Fringe Finance “This time it’s different” is supposed to be the dumbest phrase in investing. It’s the phrase people use right before they get obliterated. It was the rallying cry of dot-com lunatics buying companies with no revenue in 1999. It was the intellectual foundation of housing perma-bulls in 2006 who believed home prices could only go up because, apparently, Americans had collectively decided real estate was immune mathematical reality. It’s typically what people say when they’re trying to justify paying absurd prices for dogshit assets...