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Houthis Unleash Major Missile Barrage On Saudi Arabia's Sprawling King Khalid Air Base
Houthis Unleash Major Missile Barrage On Saudi Arabia's Sprawling King Khalid Air Base
Summary
Houthis attacked a Saudi air base with missiles and drones, claiming major damage.
Houthis seized more Red Sea territory, including Perim Island near the Bab al-Mandab Strait.
Shipping risks are rising, with vessels avoiding the Red Sea and taking longer routes around Africa.
Iran-Gulf diplomacy was postponed, delaying efforts to address the Strait of Hormuz crisis in what was to be a rare GCC-Iran meeting.
Saudi oil exports face ongoing disruption after a pipeline shutdown, pushing oil prices above $100/barrel.
Trump invokes...
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Jul 30, 2026 / Tyler Durden
"Bonds Are In Charge...Everything Breaks Over 5%"
"Bonds Are In Charge...Everything Breaks Over 5%"
Submitted by QTR's Fringe Finance
Today I sat down with my friend Andy Schectman, CEO of Miles Franklin Precious Metals and one of the most recognizable voices in the precious metals industry. I’ve known Andy for years, long before I ever became a customer of his. He’s someone I trust, someone I enjoy talking markets with, and someone who has spent decades watching the intersection of monetary policy, sovereign debt, central banks and the physical gold market.
Whether you agree with every one of Andy’s...
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Aug 23, 2026 / Tyler Durden
Evergrande Founder Gets Life But Homebuyers, Suppliers Bear The Costs Of China's Property Collapse
Evergrande Founder Gets Life But Homebuyers, Suppliers Bear The Costs Of China's Property Collapse
Authored by Michael Zhuang via The Epoch Times,
The sentencing of China Evergrande founder Hui Ka Yan to life in prison has brought a legal reckoning for one of the country's most spectacular corporate collapses. However, for hundreds of thousands of homebuyers, investors, and other creditors, the ruling does little to resolve the financial losses left behind by the property giant.
Xu Jiayin, also known as Hui Ka Yan, founder of property developer Evergrande, appears for sentencing at...
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Mar 5, 2026 / Jason Ditz
Ordering Civilians Out of Beirut Suburbs, Israeli Minister Vows Area Will Look Like Gaza City of Khan Younis
Israel continues to escalate the attack on Lebanon today, with the first strikes against the country’s north being reported, and additional strikes against the Beirut suburb of Dahiyeh, which came with new rounds of evacuation orders. The Israeli military ordered tens of thousands of civilians out of Dahiyeh, and Finance Minister Bezalel Smotrich issued a […]
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