Fifty-five percent of U.S. households are feeling “somewhat” pinched by higher gasoline prices and 21 percent report their finances have been impacted “a great deal,” by the increase, according to a poll released last week by Reuters and survey firm Ipsos.
ECONOMIC UPDATE
Where are the equity markets heading, will gold and silver prices keep falling, will oil prices keep rising, will global economies rise or fall?
SPOTLIGHT: THE PRIVATE CREDIT PANIC
Stone Ridge Asset Management has told investors in its Alternative Lending Risk Premium Fund that it will honor “only” redemption requests totaling 11 percent of the fund’s assets.
SPECIAL REPORT: THE IRAN WAR’S LONGER, BROADER ECONOMIC IMPACT
In a blink of an eye, the world economy has been driven into decline following the 28 February (Rare Disease Day) Iran War launched by U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu.
MORE TRUMP BULLSHIT: TRUMP THREATENED IRAN TO OPEN UP THE STRAIT OF HORMUZ, OR U.S. WILL BOMB THEIR POWER PLANTS
President Donald Trump issued his most severe threat yet against Iran on Saturday and warned Tehran that if it does not reopen the vital Strait of Hormuz for energy shipments, the U.S. would escalate the war and target Iranian power plants.
ISRAEL WANTS TO FLATTEN PARTS OF LEBANON LIKE GAZA, NOT A PEEP IN THE PRESSTITUTE MEDIA
Israel Katz, the Israeli defense minister, said Sunday that the military will begin demolishing homes, bridges, and infrastructure on the Lebanese side of the border that he said has been used by Hezbollah “terrorist activity,” claiming that he will formulate the plan on the model used in Gaza’s Rafah, according to a report.
NO TRUTH, MORE CONSEQUENCES: IRAN REJECTS TRUMP’S CLAIM THAT TALKS ARE UNDERWAY
Iranian officials rejected a claim Monday from President Donald Trump that there have been “productive” talks between Tehran and Washington, which made him decide to hold off on bombing key power plants in the country.
Global Economy
SPOTLIGHT: BIGS GETTING BIGGER
3M and Bain Capital have partnered to buy Madison Fire & Rescue, a division of Madison Industries, one of the world’s largest privately owned companies.
STABLECOIN ADOPTION MADE POSSIBLE BY TRUMP, WHOSE FAMILY STANDS TO BENEFIT
Stablecoins are having their moment in the U.S. as they become more intertwined in everyday life – supported by the stability that comes with being directly tied to the USD, and President Donald Trump, a one-time critic of cryptocurrencies, has been a major supporter of the integration.
ARE TOKENS THE AI ECONOMY’S CURRENCY OF THE FUTURE?
Tokens are the standard of value in the AI’s data center industry and eventually will fill the same role for all businesses using AI, Jensen Huang, founder and CEO of Nvidia, the world’s leading AI chipmaker, said at Nvidia’s annual conference last week.
U.S. Economy
U.S. REGULATORS CUT BACK BANKS’ CASH RESERVE REQUIREMENT
The change would apply toA proposal by the U.S. Federal Reserve’s bank regulators would reduce by 4.8 percent the amount of cash the largest American banks must keep in reserve as a cushion against loans that go bad.
AI HAS WIDENED THE U.S. TRADE DEFICIT, GOVERNMENT DATA SHOWS
Donald Trump has been fixated on the U.S. trade deficit – the fact that the country pays more for its imports than it earns from exports – as a problem that must be solved.
INVESTORS TAKE REFUGE IN CASH AS ECONOMIC WORRIES MOUNT
Energy prices are soaring, enthusiasm for private credit has crashed, the U.S. stock market is losing steam, and the American economy is barely crawling.
The Iran War
ISRAEL CONTINUES TO KILL IRANIAN LEADERSHIP, AS PRESSTITUTES WARN OF IRAN’S RISK TO THE WORLD
The illegal war of aggression carried out by the U.S. and Israel to either force regime changes in Tehran or to fracture the country to the status of a failed state has been a reminder of how the Western media Presstitutes spin the narrative to describe the Iranians as the barbarians at the gates.
MORE TRUMP BULLSHIT: TRUMP THREATENED IRAN TO OPEN UP THE STRAIT OF HORMUZ, OR U.S. WILL BOMB THEIR POWER PLANTS
President Donald Trump issued his most severe threat yet against Iran on Saturday and warned Tehran that if it does not reopen the vital Strait of Hormuz for energy shipments, the U.S. would escalate the war and target Iranian power plants.
PAYBACK’S A BITCH: IRAN’S NEW LEADER PROMISES REVENGE AFTER KILLING ALI LARIJANI
Mojtaba Khamenei, Iran’s new leader, promised to seek revenge after an Israeli airstrike killed Ali Larijani, the top member of the country’s Security Council who had been appointed by Ayatollah Ali Khamenei, the new leader’s father, who was also killed in an airstrike earlier in the war.
Hi-Tech Science
SCIENTISTS CURE TYPE 1 DIABETES IN A VOLUNTEER
In a medical first, researchers have cured a woman’s type 1 diabetes by reprogramming her fat cells to become “islet” cells, which make insulin.
AN EASIER, FASTER WAY TO DESALINATE AND PURIFY WATER
Coastal cities running short of potable water, and entire dry nations including Saudi Arabia, are investing in giant, oil-guzzling machines to desalinate and clean seawater to make it drinkable.
BYD BRINGS FIVE-MINUTE EV CHARGING TO EUROPE
BYD, China’s largest EV maker, is introducing a new model in Europe with a battery pack that can charge to 70 percent in five minutes and fully charge in 12 minutes.