Yttrium Emerges As Resource War Flashpoint As Beijing Squeezes Western Supply Chains

Saudi air defenses reportedly shot down a Houthi drone headed towards Mecca, the Saudi-led coalition said early Wednesday, while the Houthis denied responsibility for targeting the holy city. According to coalition spokesman Maj. Gen. Turki al-Malki, the drone was intercepted around 6:50 pm local time on Tuesday, with its wreckage falling south of the city. […]

"No Longer Tolerate Radical Marxists": Rubio Sanctions Revolutionary Cuban Influence Network Tied To U.S. Left-Wing NGOs U.S. Secretary of State Marco Rubio announced sanctions late Thursday targeting the Cuban Institute of Friendship with the Peoples, or ICAP, a Castro-era organization used to spread Marxist ideology abroad. "For decades, Cuba has been the world capital for radical left-wing terrorism. The regime in Havana has recruited, trained, and backed violent Marxist and third-worldist movements across our hemisphere and beyond," Rubio wrote on X. Rubio continued, "Today, we are targeting the network that enables...

EUR Drops As ECB Hikes Rates (As Expected); Raises Inflation Outlook, Sees Downside Growth Risks The European Central Bank increased interest rates for the second time since the Iran war broke out in February, responding to signs inflation is set to stay well above 2%. The deposit rate was lifted by a quarter-point to 2.5% on Thursday, as predicted by almost all economists in a Bloomberg survey. “The conflict in the Middle East continues to generate inflation pressures, and inflation is set to remain well above target for an extended period,” it...