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Baltic Dry Index Nears Breakout As "Perfect Storm" In Global Shipping Emerges
Baltic Dry Index Nears Breakout As "Perfect Storm" In Global Shipping Emerges
The daily benchmark measuring the cost of shipping raw materials across major global maritime routes is breaking out to a nearly three-year high this week, as Bloomberg reports that typhoons are squeezing the supply of Capesize vessels just as mining companies increase iron ore shipments across the Pacific and Atlantic.
The Baltic Dry Index, which tracks freight rates for several vessel classes, including Capesize, Panamax and Supramax vessels, jumped 5.5% to 3,331 points in London on Wednesday, its highest...
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May 27, 2026 / Tyler Durden
US Conducts New Strikes In Iran Around Hormuz Strait After Drone Intercepts
US Conducts New Strikes In Iran Around Hormuz Strait After Drone Intercepts
Summary
New US strikes in Iran reported, after Iranian drone intercepts in Hormuz area.
Trump red line (PBS): "No, no, not at all. Not sanctions relief, no" - unless Iran gives up its enriched uranium. "Iran negotiating on fumes," Trump says in cabinet meeting.
White House rejects 'complete fabrication' of Iranian TV reporting on MOU and draft deal status.
IRGC keeping up the rhetoric: warns that Iran would "turn the area from Chabahar to Mahshahr into a graveyard for aggressors" if the ceasefire...
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Mar 22, 2026 / Kyle Anzalone
Report: White House Making ‘Detailed Preparations’ for Invasion of Iran
Sources speaking with CBS News said that military commands submitted specific requests to prepare for a ground invasion of Iran. The US deployed a second Marine Expeditionary Unit (MEU) to the Middle East last week, the sources explained. The USS Boxer will join the USS Tripoli in the region for a potential ground invasion of […]
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Apr 1, 2026 / Tyler Durden
More Than Half Of Americans Believe AI Will Do More Harm Than Good: Poll
More Than Half Of Americans Believe AI Will Do More Harm Than Good: Poll
Authored by Mary Prenon via The Epoch Times,
About 55 percent of Americans surveyed in a 2026 Quinnipiac poll said artificial intelligence (AI) will be more harmful than helpful.
The survey, released on March 30, was conducted in collaboration with the Quinnipiac University School of Computing & Engineering and the Quinnipiac University School of Business.
In April 2025, only 44 percent believed AI would do more harm than good in their daily lives.
In the 2026 poll, 21 percent answered...
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