Is Britain Abandoning Military Defense To Fund More Socialism?

Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention At the end of July, the only question following Japan's record $90 billion yen intervention (which worked for about two weeks before the effects faded and Bessent had to engage in more market intervention), was whether and how much Treasuries Japan had sold as part of the intervention.  The BOJ spent a record $90BN to briefly push the yen higher. Another catastrophic intervention by the central bank which is 100bps behind in rate hikes (chart Goldman) pic.twitter.com/xOGszXSgF7 — zerohedge (@zerohedge) July...

Trump To Address Nation With 'Important Update' On Iran War: What Will He Say? Update (0845ET): Minutes after we prepared this post, President Trump posted on his social media feed that Iran has asked for a ceasefire: "Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE!" Trump added that he will consider it if the Strait is opened... or else! "We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran...

Late Friday Trump Bombshell: US Makes Deal For 'Permanent Control' Over Greenland's Security President Trump late in the day Friday issued a lengthy, and absolutely bombshell and historic (if true) Greenland-related post on Truth Social, after a long relative silence on what was early on a core priority of his administration. He has announced that United States has entered into a security agreement with Denmark and Greenland to control the resource rich autonomous territory claimed by Denmark - though at this early stage (and it being night time in Europe) it is...