Judge Orders Trump Admin To Reopen 2027 Diversity Visa Lottery

USAF More Than Doubles Ondas' ULTRA Drone Contract As Potential MQ-9 Reaper Alternative Emerges Thursday's Department of War contract update signals increased US Air Force investment in long-endurance surveillance drones that could complement the MQ-9 Reaper and help fill intelligence, surveillance, and reconnaissance mission gaps following reported heavy losses in the US-Iran conflict. The USAF more than doubled the value of its contract with DZYNE Technologies, now part of Ondas, bringing the total to about $85.6 million. As we noted last week, DZYNE's ULTRA platform represents a potential lower-cost Group 5 drone...

Iran Orders Power Conservation After US Hits Energy Infrastructure - IRGC Claims 'Powerful' Strike On Qatar Base Iran has on Friday warned of a "more crushing" retaliation following the conclusion of last night's sixth consecutive day of US attacks, targeting military targets and logistics infrastructure, but also civilian sites connected to the power grid. By all accounts this current wave goes beyond the prior strikes in size and scope compared to the past several days. Iranian state media has reported that eight people were killed from the overnight attacks, and that...

Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention At the end of July, the only question following Japan's record $90 billion yen intervention (which worked for about two weeks before the effects faded and Bessent had to engage in more market intervention), was whether and how much Treasuries Japan had sold as part of the intervention.  The BOJ spent a record $90BN to briefly push the yen higher. Another catastrophic intervention by the central bank which is 100bps behind in rate hikes (chart Goldman) pic.twitter.com/xOGszXSgF7 — zerohedge (@zerohedge) July...