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Trump's $200BN Korean "Investment" Is A Gas Plant With No Customers, Eight Reactors With No Sites, And A Pipeline Seoul Calls A "Future Discussion"

Trump's $200BN Korean "Investment" Is A Gas Plant With No Customers, Eight Reactors With No Sites, And A Pipeline Seoul Calls A "Future Discussion" A week ago, we wrote that South Korea had finally found a home for the first slice of the $350 billion it promised Trump: a $22.3 billion, 6.3GW gas plant in Encinal, Texas, with no customers, no PPA, and turbines that may not show up this decade. That left, as we put it then, "$328 billion to go." That number is about to get a lot smaller,...
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Jun 3, 2026 / Tyler Durden
Amazon Plans Data Center In Wheatfield, Indiana; Will Pay $1.25BN To Reduce Energy Cost Impact On Local Payers
Amazon Plans Data Center In Wheatfield, Indiana; Will Pay $1.25BN To Reduce Energy Cost Impact On Local Payers By Georgia Butler of DataCenterDynamics Amazon Web Services (AWS) is seeking to develop a data center campus in Wheatfield, Indiana. Meanwhile, on the other side of the globe, the cloud giant has purchased more land in India. Located in Jasper County and southwest of Michigan City, Wheatfield is a small town and has a population of around 900 as per the 2020 census. AWS presented its plans for the data center during a recent open house...
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Jun 21, 2026 / Tyler Durden
Feeling Emboldened After Attacks On Moscow, Zelensky Threatens Belarus With Military Action
Feeling Emboldened After Attacks On Moscow, Zelensky Threatens Belarus With Military Action Ukraine is feeling more confident of late as its long-range drones have made the Moscow area - as well as dozens of oil refineries across the country burn. Zelensky if seeking to flex yet again in recent days by issuing an ultimatum to Belarusian President Alexander Lukashenko, threatening that close Russian ally and 'Union State' Belarus could face attacks out of Ukraine if it fails to dismantle the air defense radar array along its southern border. The Ukrainian leader even issued a...
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May 1, 2026 / Tyler Durden
Trump Issues Letter Rejecting Congressional Oversight For War, Citing Ceasefire Has 'Terminated' Hostilities
Trump Issues Letter Rejecting Congressional Oversight For War, Citing Ceasefire Has 'Terminated' Hostilities Summary Trump submits letter to Congress at 60-day mark: ceasefire 'terminated' hostilities & so doesn't need authorization, he argues. US Treasury goes after Hormuz payment fees, sanctioning  three Iranian foreign currency exchange houses. Bessent issues pressure points against Iranian 'rats'. White House officials argue the current absence of fighting between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Trump on Friday rejects Iran's latest revised proposal to...
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