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"Lots Of Distressing And Borderline Disturbing Reports"
"Lots Of Distressing And Borderline Disturbing Reports"
By Michael Every of RabobankAs has been the norm in 2026 to date, there are lots of distressing and borderline disturbing reports this morning and very little sign of progress where it’s needed. For once these surprises don’t all cluster in the messy world of geopolitics – and one is right in the middle of inflation and monetary policy.Yesterday’s US CPI print came in hotter than expected at 0.4% m-o-m headline vs. a consensus of 0.3% and 0.3% core vs. a 0.2% market...
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May 8, 2026 / Tyler Durden
Clinton-Appointed Federal Judge Rules DOGE's Terminations Of Humanities Grants Unlawful
Clinton-Appointed Federal Judge Rules DOGE's Terminations Of Humanities Grants Unlawful
Authored by Guy Birchall via The Epoch Times,
A federal judge ruled on May 7 that the Department of Government Efficiency’s (DOGE’s) termination of hundreds of humanities grants last year was unconstitutional and involved “blatant” discrimination.
In April 2025, the Trump administration axed more than 1,400 grants, amounting to more than $100 million in congressionally appropriated funds awarded to scholars, writers, research institutions, and other humanities organizations.
The move was part of a whirlwind cost-cutting drive that tech billionaire Elon Musk was leading...
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Apr 8, 2026 / Tyler Durden
Nobody Knows What Will Happen Next
Nobody Knows What Will Happen Next
By Michael Every and Bas van Geffen of Rabobank
Ceasefire
Yesterday, the US and Iran threatened to, respectively, “destroy Iranian civilisation” with “new tools” and other countries in the Gulf with old ones. Ahead of the 8PM deadline that Trump had set for “Bridge and Power Plant Day,” US and Israeli forces reportedly already destroyed some bridges and other infrastructure.
Washington and Tehran struck a last-minute, two-week ceasefire – provided that the Strait of Hormuz is fully reopened. Notably, this was after China leaned on Iran to...
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May 24, 2026 / Dave DeCamp
Trump Says He Told US Negotiators Not to ‘Rush Into a Deal’ With Iran
President Trump said in a post on Truth Social on Sunday that he told his negotiators not to “rush into a deal” with Iran, comments that come after a series of reports said that a memorandum of understanding between Washington and Tehran could be reached soon. “The negotiations are proceeding in an orderly and constructive […]
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