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Putin Praises Iran's 'Courage' As US Gloats Over Oil Blockade & 'Zero' Exports
Putin Praises Iran's 'Courage' As US Gloats Over Oil Blockade & 'Zero' Exports
The Trump administration has been busy boasting that it has brought Iran's economy to its knees through the navy enforced oil blockade and through sweeping 'Economic D-Day' sanctions, but in direct contradiction to this, Russia is busy hailing Tehran's 'courage'.
Iranian President Masoud Pezeshkian and Russian President Vladimir Putin held a phone call Wednesday, on the occasion of Putin's birthday, wherein the two leaders pledged to strengthen bilateral cooperation, per readouts from both sides.
Zuma/TASSPutin pointed to their Comprehensive...
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Aug 11, 2026 / Kyle Anzalone
Trump Announces Release of American Held By Russia
President Donald Trump said that Russia agreed to release Robert Gilman without a prisoner exchange. “I am proud to announce that American Citizen Robert Gilman, a former United States Marine, is coming HOME!” the President wrote on Truth Social Tuesday. “We appreciate this decision, and the fact that Russia asked for no one in return […]
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Jul 5, 2026 / Tyler Durden
Japan Bankruptcies Surge To All-Time High As A Result Of Plunging Yen
Japan Bankruptcies Surge To All-Time High As A Result Of Plunging Yen
In recent months one of the more frequent questions in FX trading has been the relentless collapse in the yen, which recently sank below a 40 year low despite rate differentials stubbornly headed in the opposite direction, and is increasingly flirting with levels which on previous occasions always prompted BOJ intervention.
Among the reasons cited for the chronic weakness of the Japanese currency have been the following three:
Real short-term rates in Japan are negative, which is why Ueda has...
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Oct 7, 2026 / Tyler Durden
More Ukrainian-Style One-Way Attack Drones Seized In Mexico
More Ukrainian-Style One-Way Attack Drones Seized In Mexico
The emergence of fiber-optic one-way attack drones among Mexican cartels signals a troubling security threat just south of the US border.
Images published by local outlet Luz Noticias show that the Mexican Army seized Category 1 suicide drones with fiber-optic cable reels and improvised explosives. This is sparking ongoing concerns that low-cost attack drones associated with the Ukraine-Russia war and the US-Iran conflict are spreading to narco-terrorists in the Western Hemisphere.
Mexican troops found 15 drones and more than 40 improvised explosive devices in...
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