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Iran's Fars Calls Reuters' Hormuz Reopening Story "Invalid" Ahead Of Trump's UN Address
Iran's Fars Calls Reuters' Hormuz Reopening Story "Invalid" Ahead Of Trump's UN Address
Update:
Iran's Fars Rejects Hormuz Reopening Reports As Brent Slides
Brent Tumbles On US Media & Aligned Outlets Pushing Rumored Diplomatic Efforts
Iran's Fars Rejects Reporting
Kyodo and Reuters published positive diplomatic headlines early Tuesday morning that sent Brent crude futures tumbling below $100 a barrel, but Iran's semi-official Fars News Agency denied them.
Kyodo and Reuters, citing Iranian sources, reported that Tehran could reopen the Strait of Hormuz within seven days if Washington eased US naval pressure on the Hormuz...
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Jun 2, 2026 / Tyler Durden
"The Value Didn't Arrive": Bain Finds Cost-Savings From AI Are Falling Far Short Of Projections
"The Value Didn't Arrive": Bain Finds Cost-Savings From AI Are Falling Far Short Of Projections
Now that attention within the AI revolution has one again firmly turned toward the cost-benefit equation (i..e., ROI) of tokens (see "From Singularity To Tokenomics: The AI Narrative Just Hit A Serious Snag") in particular, and the trillions behind the AI spending rollout in general, and we say once again because every few months we get some iteration of the following report from Goldman published almost two years ago today...
... we have more bad news: according...
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Sep 16, 2026 / Tyler Durden
Saudis Threaten Retaliation After Alleged Houthi Drone Attack On Mecca Crosses "Red Line"
Saudis Threaten Retaliation After Alleged Houthi Drone Attack On Mecca Crosses "Red Line"
Escalation in the Gulf area conflict certainly appeared overnight after Saudi Arabia accused Iran-backed Houthi rebels of targeting Mecca with a one-way attack drone, raising the risk of a deeper conflict as the kingdom's East-West pipeline was knocked offline last week.
Bloomberg quoted the Saudi-led coalition, which said an attack drone was intercepted heading toward Islam's holiest city and warned that protecting religious sites was a "red line."
"The security of the Two Holy Mosques and the pilgrims is...
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Jul 24, 2026 / Tyler Durden
Trump Must Hand Over Finance Records Sought By BBC In Defamation Lawsuit, Judge Rules
Trump Must Hand Over Finance Records Sought By BBC In Defamation Lawsuit, Judge Rules
Authored by Rachel Roberts via The Epoch Times,
A judge in Florida has ruled President Donald Trump must hand over financial records sought by the BBC for its defense against his $10 billion defamation lawsuit.
The U.S. president is suing the corporation over an episode of “Panorama” that edited together different sections of his speech on the day of the Capitol breach in Washington on Jan. 6, 2021.
The BBC reported that Judge Enjoliqué Lett granted a motion by the...
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