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France's Debt Alarm Gets Louder: Fitch Cuts Outlook To Negative In Surprise Warning
France's Debt Alarm Gets Louder: Fitch Cuts Outlook To Negative In Surprise Warning
One week after Moody's maintained France's Aa3 sovereign credit rating with a negative outlook, Fitch Ratings revised its outlook to negative in what Bloomberg described as an "unscheduled move," citing softer economic growth, rising borrowing costs, a widening budget deficit, political fragmentation, and a challenging social backdrop. "The Negative Outlook reflects a deterioration since our August 2026 review comprising weaker growth, higher borrowing costs and a wider deficit. Taken together, these worsen debt dynamics from an already weak...
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Sep 15, 2026 / Dave DeCamp
Two Children Reported Killed by US-Backed Saudi Airstrikes in Yemen
Saudi airstrikes in Yemen’s southwestern Taiz province killed three civilians, including two children, according to Anees al-Asbahi, spokesman for the Health Ministry within the Ansar Allah-led Yemeni government. Al-Asbahi said another two people were wounded by the strikes, which he said hit the districts of Dhubab and Maqbanah in Taiz. He didn’t specify what was […]
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Jun 18, 2026 / Tyler Durden
Amazon In Talks To Sell Its Trainium AI Chips To Other Firms, In Challenge To Nvidia Dominance
Amazon In Talks To Sell Its Trainium AI Chips To Other Firms, In Challenge To Nvidia Dominance
Amazon is in talks to sell its custom-made Trainium AI chips for use in other companies’ data centers, Bloomberg reports, noting this "represents a key expansion of its efforts to cut into Nvidia's dominance", although a less optimistic read is that the company does not have enough demand or capacity to use the chips for its own uses.
Peter DeSantis, Amazon’s AI chief, said the world’s largest cloud computing company has begun discussions but...
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Mar 28, 2026 / Tyler Durden
US Suffers Heavy Casualties In Iranian Strike On Saudi Base As Houthis Enter War With Missile Launches On Israel
US Suffers Heavy Casualties In Iranian Strike On Saudi Base As Houthis Enter War With Missile Launches On Israel
Summary
Houthis enter the war: Houthis launch their first missile barrage on Israel since Operation Epic Fury. Red Sea shipping could once again be under direct threat.
Serious US casualties in Saudi base assault: Iran fired six ballistic missiles and 29 drones at Saudi Arabia’s Prince Sultan air base in a Friday attack that wounded at least 15 troops: AP. Late-night strike targeted Bushehr Nuclear Power Plant (for third time of war).
Gulf states under sustained fire,...
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