As Israel Doubles Down on Southern Lebanon Destruction, Farms Take a Heavy Toll

China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition BYD is entering a tougher phase after releasing weaker-than-expected financial results and signaling growing pressure in China’s electric vehicle market, according to Bloomberg. Chairman Wang Chuanfu described the current environment as having “reached a fever pitch, and is undergoing a brutal ‘knockout stage.’” The company’s stock fell at the opening of trading in Hong Kong, reflecting investor concerns. Its latest quarterly results showed a sharp drop in profitability, with earnings and revenue both missing forecasts. This downturn followed a...

Tracking The Last UK-Bound Jet Fuel Tanker As Shortages Near We outlined the early signs of global demand destruction and worsening energy chaos in a note earlier on Monday, mapping the regional dominoes and the order in which they are likely to fall. Turning to the UK, the last known jet fuel shipment from the Middle East is due to arrive later this week, a major warning that aviation disruptions could soon materialize. The Financial Times reports that the Libyan-flagged Maetiga vessel, loaded with jet fuel from Saudi Arabia, is set...

Israeli Defense Minister Israel Katz has said that the Israeli military won’t withdraw from Gaza even if Hamas disarms and that he plans to establish three settlements in the area of northern Gaza that the IDF has destroyed. “We are not retreating from the Yellow Line,” Katz said on Monday during a visit to northern […]