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Report: US Sending an Additional Patriot System to Israel To Prepare for Potential Attacks on Iran
The US military is sending an additional Patriot missile system to Israel to beef up the country’s air defenses as part of preparations for a potential US-Israeli attack on Iran, The Wall Street Journal reported on Tuesday night. It’s estimated that the US has used about 1,700 Patriot missile interceptors, or about two-thirds of its […]
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May 29, 2026 / Tyler Durden
'We Outright Grabbed The Wallets': Bessent Boasts $1BN In Iran State Crypto Seized To Date
'We Outright Grabbed The Wallets': Bessent Boasts $1BN In Iran State Crypto Seized To Date
Washington's economic war on Iran and its 'shadow' banking network continues, as on Friday Treasury Secretary Scott Bessent announced the US has seized $1 billion in Iranian cryptocurrency assets as part of the economic component of President Trump's Operation Epic Fury.
The billion dollar figure represents the running total seized to date, building on prior milestones in the conflict, particularly a recent major April 2026 freeze of $344 million in USDT on the Tron blockchain. By close of April,...
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Aug 29, 2026 / Tyler Durden
The Monumental Mistake Of Raising Rates In September
The Monumental Mistake Of Raising Rates In September
Authored by Daniel Lacalle,
Three members of the Federal Open Market Committee voted to raise rates in July. However, the Committee held the federal funds target at 3.5%-3.75% by a 9-3 vote. Bank of America, Deutsche Bank, and J.P. Morgan all expect a September hike. Across the Atlantic, the European Central Bank raised rates by 25 basis points in June and is expected to raise them again in September.
It would be a monumental mistake. The diagnosis is wrong on both sides of the Atlantic. There...
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Apr 28, 2026 / Tyler Durden
Comey Indicted As Trump DOJ Takes Second Bite At The Apple
Comey Indicted As Trump DOJ Takes Second Bite At The Apple
The U.S. Department of Justice has secured a new federal indictment against former FBI Director James Comey, marking the second criminal case brought against him by the Trump administration in under a year. The charges center on a controversial May 2025 Instagram post in which Comey shared a photograph of seashells arranged on a beach to form the numbers "86 47."
According to CNN, citing multiple sources familiar with the matter (who ran to CNN to leak the news), the indictment was...
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