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Citi Says LatAm "Poised For Take-Off" As Powerful Tailwinds Align. Here's Why
Citi Says LatAm "Poised For Take-Off" As Powerful Tailwinds Align. Here's Why
Our focus on South America's improving investment outlook, underpinned by a generational shift from left-wing governments to more business-friendly governments, gained support Thursday from Citi's report, "LatAm Poised for Take-Off: The Macro Cycle Turns Latin America's Way."
Citi chief Latin America economist Ernesto Revilla wrote in a note earlier today that a right-wing political shift is serving as a tailwind alongside a weaker dollar, firm commodity prices, and global supply-chain realignment, while stressing that lasting gains depend on reforms and...
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May 29, 2026 / Tyler Durden
Bessent Signals Crackdown On Dark-Money Funded NGOs In "Weeks, Months Ahead"
Bessent Signals Crackdown On Dark-Money Funded NGOs In "Weeks, Months Ahead"
Last year, readers were briefed on what was then the investigative phase into dark-money-funded NGOs and alleged foreign influence operations routed through far-left activist networks. These NGOs and activist networks advance anti-capitalist agendas, mobilize protests and riots to fuel unrest under the banner of toxic social justice, and have also served as a permanent protest-industrial complex designed to delay, deny, and destroy President Trump's pro-America agenda.
Fast forward to late spring, and there now appears to be a clear...
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Jun 23, 2026 / Tyler Durden
Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs
Oracle Cuts 21,000 Jobs As AI Adoption Deepens And Credit Risk Flashes GFC-Era Highs
Oracle disclosed in a Form 10-K filing that it reduced its workforce by 21,000 employees over the past year as it automates white-collar jobs and frees up cash to splurge on AI infrastructure buildouts.
"Our periodic workforce restructurings and reorganizations can be disruptive," Oracle said in the annual financial regulatory publsihed on Monday, adding, "We have an existing restructuring plan in place under which we have made, and will continue to make, adjustments to our workforce in...
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Aug 13, 2026 / Dave DeCamp
US Sending Fresh Aircraft Carrier to the Middle East Amid Reports of Multiple Sailors Attempting to Jump Overboard
The aircraft carrier USS George Washington is preparing to relieve the USS Abraham Lincoln as part of a scheduled Middle East deployment, The Wall Street Journal reported on Thursday, news that comes as families of military personnel aboard the Lincoln have reported that sailors have attempted to jump overboard. The Lincoln has been deployed for […]
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