Peter Schiff Is Not Optimistic...

Andurand's "Hedge" Fund Lost 52% In First Two Weeks Of April On Levered Oil Bets Three weeks ago, when Bloomberg pointed out that Andurand was the best performing hedge fund in March thanks to its notorious levered long oil positioning (and really nothing else), we said they may want to refresh his exposure after the April 7 oil crash. May want to F5 on Andurand after today's near record oil crash https://t.co/tlkgz3dXJa — zerohedge (@zerohedge) April 8, 2026 Three weeks later, they did: according to a report published this morning, Pierre Andurand’s largest "hedge...

Trump Backs Off 20% Fee Plan For Hormuz, Asserts 'FULL Blockade' Only On Iranian Ports Update(11:20ET): It's the return of another TACO Tuesday as President Trump in a lengthy Truth Social missive appears to have reversed his plan to collect a 20% of cargo fee for international vessels wishing to transit the Strait of Hormuz. "Oil is flowing like never before," he began (except it's not...), before writing, "Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and...

25,000 Ground Robots In Battlefield Planned By Ukraine For Frontline Logistics Authored by Mrigakshi Dixit via Interesting Engineering, In a move toward fully autonomous warfare, Ukraine’s Defense Ministry plans to procure 25,000 unmanned ground vehicles by mid-2026. This initiative aims to replace human soldiers with robotic systems for all frontline logistics and double the 2025 deployment rate. Reportedly, Defense Minister Mykhailo Fedorov stated that the ultimate goal is to have 100 percent of frontline logistics handled by robotic systems. BIZON-L ground robot.DevDroid/YouTube The strategy is already yielding results. In March alone, Ukrainian forces logged...