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Gulf Exports Roar Back To Pre-War Levels, Goldman Says; Blas Sees "Trump Has Advantage" On Hormuz
Gulf Exports Roar Back To Pre-War Levels, Goldman Says; Blas Sees "Trump Has Advantage" On Hormuz
The US conflict with Iran has been ongoing for seven months and will soon enter its eighth month. Diplomatic signals this week, along with another request for a US SPR dump and reports of Gulf oil export flows improving toward prewar levels, have sent Brent crude futures down to around $103 a barrel.
Goldman analysts Yulia Zhestkova Grigsby, Alexandra Paulus and Daan Struyven have penned a new note explaining that estimated "dark exports" have helped...
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May 12, 2026 / Tyler Durden
'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.
Bloomberg reports that a top South Korean policymaker said the nation should pay citizens a 'dividend' using taxes on AI profits, with the obvious read through to Samsung and SK Hynix.
The comments in a Facebook post by presidential policy chief Kim Yong-beom fueled sharp swings in Korean stocks on Tuesday as investors struggled to parse the scope of the proposals.
“Excess profits in the AI era...
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May 2, 2026 / Tyler Durden
Dem Rep Suggests Hegseth Could Be Executed For War Crimes Like Nazi Sub-Captains
Dem Rep Suggests Hegseth Could Be Executed For War Crimes Like Nazi Sub-Captains
Authored by Steve Watson via Modernity.news,
In a stunning escalation of partisan rhetoric, Rep. Seth Moulton (D-MA) declared on national television that Secretary of War Pete Hegseth is “guilty” of war crimes — and compared U.S. military operations against drug-smuggling boats to the actions of Nazi submarine captains executed after World War II.
The remarks, delivered Wednesday on CNN’s OutFront, come as the Trump administration presses aggressive action to dismantle narco-terrorist networks flooding America with deadly fentanyl and other poisons.
Instead of backing...
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May 25, 2026 / Tyler Durden
Debt Remembered And Debt Ignored
Debt Remembered And Debt Ignored
Authored by Greg Marasca via AmericanThinker.com,
Memorial Day compels Americans to confront a word we avoid: debt.
Not the financial kind that Congress pretends will magically resolve itself, but the older, heavier meaning — the kind carved into headstones at Arlington and cemeteries across the country.
It is the debt paid in full by those who gave their lives, so the rest of us could live free.
No interest rate can measure it. No budget line can contain it. It is final, irrevocable, and sacred.
Every year, we pause, as...
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