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Here Are The Paths To Victory For Biden And Trump As the 2024 election approaches, a handful of swing states will actually determine the race. Here, we look at various paths to victory for both President Joe Biden and former President Donald Trump. TL;DR - while national polls have Biden and Trump roughly tied - when it comes to the electoral college, Biden essentially has to win a 'blue wall' of states, plus one more electoral vote. For Trump -  "If the election were held now and the polling with Trump ahead is correct in all seven states, Trump would

Rabobank: Biden's Dire Rating On His Handling Of The Economy Is Remarkable By Benjamin Picton, senior strategist at Rabobank The S Word Last week the data caught up with the public mood. Annualized US GDP for Q1 was +1.6%, well below the 2.5% consensus estimate and even below the most pessimistic estimate of +1.7% in the Bloomberg survey. Meanwhile, core PCE printed at 3.7%. Well up on the Q4 print of 2% and substantially above the consensus estimate of 3.4%. Lower growth and higher inflation has sparked conjecture that the United States is headed for – if not already experiencing

Ukraine Army Chief Admits 'Tactical' Retreat Underway The Commander-in-Chief of the Armed Forces of Ukraine Oleksandr Syrskyi has just issued a new dire assessment confirming widespread international reports that Ukraine forces are getting beaten back from the frontlines. He has confirmed that his outnumbered troops have fallen back to new positions on the eastern front, west of the villages of Berdychi and Semenivka, outside of Avdiivka - and near Novomykhailivka. Gen. Syrskyi has essentially admitted for the first time that a 'tactical' retreat is underway. "The situation at the front has worsened," Syrskii wrote on Telegram, ironically coming just days after President

Early Tests Find Pasteurization Killed Bird Flu In Milk: FDA Authored by Zachary Stieber via The Epoch Times (emphasis ours), Results from early testing show that pasteurization killed highly pathogenic avian influenza in milk, the U.S. Food and Drug Administration (FDA) says. Containers of milk in El Paso, Texas, on March 17, 2021. (Jose Luis Gonzalez/Reuters) Results from “an initial limited set of geographically targeted samples” show that “pasteurization is effective in inactivating” the influenza, commonly known as the bird flu, the FDA said in an April 26 update. The FDA gathered samples from grocery stores with confirmed cases of

Key Events This Extremely Busy Week: Fed, Treasury Refunding, Jobs, JOLTS, ISM And Tons Of Earnings As DB's Jim Reid notes, with just two days left in a rollercoaster April for markets - and FX - last week actually saw the best week for the S&P 500 (+2.67%) and NASDAQ (+4.23%) since November, following several weeks of declines, as earnings gave markets a boost even if the US inflation data was on net worrying. And while the month is almost over, the new week is just starting and as Reid notes, it's shaping up an exceptionally busy week of important

Biden Embraces G20-Proposed 2% Wealth Tax To Battle 'Racial Wealth Inequality' Authored by Mike Shedlock via MishTalk.com, Biden and Yellen support a global minimum tax on corporations. And a new wealth tax scheme is now in the works... Watch Out for a Global Wealth Tax The Wall Street Journal says Watch Out for a Global Wealth Tax In our new socialist age, the demand to tax and redistribute income is insatiable. The latest brainstorm arrives in a proposal by four countries in the G-20 group of nations to impose a 2% wealth tax on the world’s billionaires. “The tax could be

Biden Looks To Prevent Future President From Ending Ukraine War With 10-Year Agreement Soon on the heels of President Biden last week signing into law a $61 billion aid package for Ukraine's defense, President Volodymyr Zelensky on Sunday indicated that he's working with Washington on a bilateral security agreement which would last ten years. "We are already working on a specific text," Zelensky said in his nightly video address. "Our goal is to make this agreement the strongest of all." Ukrainian Presidential Press Office via AP "We are discussing the specific foundations of our security and cooperation. We are also working on

Intervention Or Not, Yen Bears Will Stay Confident By Vassilis Karamanis, Bloomberg Markets Live reporter and FX strategist Unless Japanese authorities show their hand with conviction when it comes to intervening in the spot market, the yen is bound to stay under pressure over the medium-term. The currency’s sharp rally this morning certainly looks like an intervention — it’s not often that we get a 500-pip move seemingly out of nowhere. But thin liquidity due to a public holiday in Japan that forced algorithmic trading to take over as trailing stops were triggered could be what’s driven the market. The

"Much Milder Than Feared": Philips Shares Soar 43% After US Sleep Apnea Settlement Shares of Royal Philips on Euronext Amersterdam surged as much as 43% Monday, the most on record after a lower-than-expected settlement in the US linked to faulty Respironics ventilators for sleep apnea. The Dutch medical equipment manufacturer recalled the therapy devices due to concerns that the noise-canceling foam inside them was disintegrating, which patients inhaled.  Some Wall Street analysts predicted the company would have to spend as much as $4.5 billion to $10 billion to cover the medical monitoring class-action lawsuit and individual personal injury claims in the US. However, the company only had to

Weaker Growth And Higher Inflation... Why Consensus Was Wrong Authored by Daniel Lacalle, The weak GDP figure for the first quarter came with a double negative. Poor consumer spending and exports, plus a rise in core inflation, The US administration’s enormous fiscal stimulus, underscores the importance of considering the weaker-than-expected data. A deceleration in consumer spending, a decline in the personal savings ratio to 3.6%, and poor exports added to a set of figures for investment that were also negative when we looked at the details. The gross domestic product is much weaker than the headlines suggest. If we look at consumption

'Anti-White' Scottish First Minister Quits After Disastrous 'Hate Crime Law' Scotland's leader Humza Yousaf resigned on Monday, quitting as head of the pro-independence Scottish National Party (SNP) after scrapping a coalition agreement with Scotland's Greens. He then failed to secure enough support to survive votes of no confidence against him expected later this week.  Yousaf, born to Pakistani immigrants in Glasgow, built an infamous reputation as a woke activist politician going into the 2023 elections.  His rabid pro-immigration stance and consistent arguments in favor of DEI (Diversity, Equity and Inclusion) should have been a red flag to the Scottish public;

Futures Rise, Yen Downgraded To Banana Republic Currency After Another Rollercoaster Session US equity futures swung between gains and losses and traded near session highs as US traders walked to their desks on Monday morning after a rollercoaster day for the Japanese yen, which increasingly looks like some 3rd world banana republic currency instead of belonging to the world's 3rd largest economy, and which first plunged below 160 vs the USD - the lowest level since 1990 amid dismal volumes thanks to the Japanese market holiday on Monday - only to soar more than 500 pips in what is now

After Overnight Collapse To 34-Year-Lows, Yen Surges In Apparent 'Intervention' The Japanese Yen strengthened sharply overnight after crashing to its lowest level since April 1990, breaking 160/USD. The FT reports that traders in Hong Kong, Australia and London said it was “highly likely” that the recovery was due to Japan’s finance ministry selling dollar reserves and purchasing the Japanese currency for the first time since late 2022. While analysts suggested the size and speed of the jump smacked of intervention, some traders questioned that conclusion and said Japanese banks sold dollars for customers as it rallied. Japan’s top currency official

Tesla Jumps After China Greenlights Full-Self Driving With Baidu Tesla shares jumped in premarket trading in New York after Bloomberg reported that Beijing had given Tesla the 'greenlight' to roll out its driver-assistance system, known as "Full Self-Driving," or FSD, in the world's largest car market. Sources say Tesla will partner with Chinese tech giant Baidu for mapping and navigation software to support FSD. Tesla also has multiple data security and privacy requirements that satisfy the country's regulators.  In a separate report, The Wall Street Journal said, "Beijing has tentatively approved the company's plan to launch FSD."  The approval comes one day after Elon Musk unexpectedly visited Beijing on Sunday

When Life Imitates Apocalypse Culture... Authored by Mark Jeftovic via BombThrower.com, Real world “cancer cure” eerily mirrors zombie flick setup If anybody remembers the opening  segment from the Will Smith zombie apocalypse flick I Am Legend, it starts with a comically ironic scene wherein a precocious female scientist, endearingly played by Emma Thompson proudly announces a “cure for cancer” that involves reprogramming the measles virus to act more beneficially toward its human host – thereby eradicating cancer cells, and thus, the disease itself: The scene cuts… to the apocalyptic fall of New York City, which we learn is occurring globally

Who Has Savings In This Economy? Two full years of inflation have taken their toll on American households. In 2023, the country’s collective credit card debt crossed $1 trillion for the first time. So who is managing to save money in the current economic environment? Visual Capitalist's Pallavi Rao visualizes the percentage of respondents to the statement “I have money leftover at the end of the month” categorized by age and education qualifications. Data is sourced from a National Endowment for Financial Education (NEFE) report, published last month. The survey for NEFE was conducted from January 12-14, 2024, by the National Opinion Research Center at

EU Begins 'Tank Of Future' Development After Russia Annihilates Leopard 2 Tanks In Ukraine German Defense Minister Boris Pistorius and his French counterpart, Sebastien Lecornu, announced Friday the two countries will produce the next-generation battle tank to replace Germany's Leopard 2 tank that will land on modern battlefields in the late 2030s or early 2040s.  "It's not about making a Leopard 3 or 4; it's about designing something brand new," German defense minister Pistorius said, as quoted by Euronews.  Pistorius said the next-gen main battle tanks will be equipped with artificial intelligence and will not require "human pilots."  French defense ministry Lecornu said KNDS, Rheinmetall, Thales, and other

A Compound Discovered On Easter Island Extends Life, Combats Alzheimer’s Authored by Flora Zhao via The Epoch Times (emphasis ours), Scientists are still uncovering the secrets of a compound discovered 50 years ago on Easter Island. Produced by bacteria there, rapamycin appears to be a powerful life-extender and may be a transformative treatment for age-related diseases. (Illustration by The Epoch Times) In 2009, the National Institute on Aging Interventions Testing Program (ITP) published a groundbreaking study indicating that rapamycin extended the lifespan of mice by 9 percent to 14 percent. Experiments conducted by various research institutions worldwide have further corroborated these

'Environmental Pollutant' - How A Key Climate Agenda Tool Harms Endangered Species Authored by Donna Anderson via The Epoch Times (emphasis ours), As the Biden administration expands its offshore wind projects as part of its goal to reach a carbon-free energy system, whales and other marine life may become collateral damage, according to new research. (Illustration by The Epoch Times, Shutterstock, Getty Images) Two independent studies measuring ocean wind turbine construction noise found that the sound emitted by vessels mapping the seafloor was significantly louder than estimated, and that noise protection for whales and other sea creatures during wind turbine

Who's In Favor Of A Potential TikTok Ban? As part of a larger national security and foreign aid package, President Joe Biden on Wednesday signed into law legislation that forces TikTok parent ByteDance to divest the U.S. arm of its popular social media platform within 270 days or be banned from operating in the United States. The “Protecting Americans from Foreign Adversary Controlled Applications Act” seeks to cut any ties between TikTok, its current parent company and the Chinese government, which allegedly abuses the platform to “surveil and influence the American public” in a way that poses a threat to national

Ukraine's Top Five Challenges Are Unsolvable Authored by Andrew Korybko via Substack, It’s beginning to dawn on most Westerners that the US’ long-delayed aid to Ukraine isn’t all that it was hyped up to be and will only at most temporarily slow down the pace of Russia’s increasingly rapid advances. The conflict’s tempo has gradually intensified as Russia exploited Ukraine’s disastrous counteroffensive to regain the military-strategic initiative. Ukraine’s problems are immense and multifaceted, but they’re all connected one way or another to the five following factors: 1. Russia’s Military-Industrial Complex Continues Outproducing NATO’s Russia won the “race of logistics”/“war of attrition” with NATO long

US Space Force General Says China's Military Developing Space Assets At "Breathtaking Speed" Authored by Frank Fang via The Epoch Times, Gen. Stephen Whiting, commander of U.S. Space Command, recently warned about China’s “breathtakingly fast” development of space military capabilities, following his trips to South Korea and Japan. “We are seriously focused at U.S. Space Command on our pacing challenge, which is the People’s Republic of China,” Gen. Whiting told reporters during a call from Japan on April 24. “The People’s Republic of China is moving at breathtaking speed in space, and they are rapidly developing a range of counter-space

Relentless Chinese Bond Rally Hints at Yuan Challenge Ahead By Charlie Zhu and Helen Sun, Bloomberg Markets Live reporters and strategists Three things we learned last week: 1. China’s bond rally seems unstoppable amid a shortage of quality assets for investments. From government bonds to corporate debentures, traders keep hunting for yields in all maturities. After pushing the yield on 30-year sovereign debt to the lowest since 2005, investors flocked to the notes issued by local government financing vehicles, once deemed as the riskiest instrument in Asia. That helped to drive LGFV companies’ borrowing costs to record lows. In light of a decline in

'FX Vigilantes' Strike - Yen Suddenly Crashes To April 1990 Lows Against The Dollar The yen crashed in early Asia trading, tumbling to match is exact lows from April 1990 in what is being blamed on a 'fat finger' trade or multiple barrier-option trades being triggered, by sources that have literally no idea. The plunge extended Friday's big drop which followed BoJ Governor Ueda's apparent lack of interest in doing anything about the yen's decline, claiming it had 'no impact' on the currency's inflation picture. “Currency rates is not a target of monetary policy to directly control,” he said. “But

Stablecoin Volumes Are Tracking A Record $15 Trillion On Ethereum Alone By Marcel Kasumovich, Deputy CIO of Coinbase Asset Management Crypto sparked a renaissance in real-time payments. Sleepy you say? Time for a wake-up call – payment solutions are at the cutting edge of crypto’s integration into the mainstream, and it has plenty of competition. “You’re probably used to crypto transactions, expecting me to bring out another guest for an eight-minute commentary while we wait for confirmation. But that’s old crypto. Are you ready for the new crypto world? Watch very closely…don’t blink…and that’s it,” John Collison exclaimed while illustrating

Justice Thomas Raises Scrutiny On Special Counsel Jack Smith's Appointment In Trump Hearing Authored by Naveen Athrappully via The Epoch Times, U.S. Supreme Court Justice Clarence Thomas has asked former President Donald Trump’s lawyers about whether they challenged special counsel Jack Smith’s authority to bring charges against the president. On April 25, the U.S. Supreme Court heard oral arguments in a case about President Trump being immune from prosecution for official acts carried out during his presidency. During the hearing, Justice Thomas asked John Sauer, the attorney who represented Trump in court, “Did you, in this litigation, challenge the appointment

"What Is The Sound Of One Hand Clapping" Asks BOJ Head Ueda As The Yen Collapses By Eric Peters, CIO of One River Asset Management "What is the sound of one hand clapping," asked Kazuo Ueda, sitting alone in seiza. The dollar had just crossed above 158 to the yen, a level not seen in 34-years, back when he joined the University of Tokyo as professor of economics. “What is the sound of one hand clapping,” asked Ueda, letting the question drift gently across his mind. It is one of the great Zen koans, a question without answer, a tool

Joe Biden's Brother Embroiled In High-Ranking Qatari Scheme To "Provide Wealth Of Introductions" Through "My Family": Politico Qatar has had a lot of fingers in a lot of pies. While we knew about the EU's 'Qatargate,' investments with the Kushner family, and of course Sen. Bob Menendez advancing Qatar's interests, Politico reports that the Biden family's ties to Qatar "would constitute some of the closest known financial links between a relative of President Joe Biden and a foreign government," if courtroom testimony about Jim Biden's foreign fundraising efforts is substantiated. POLITICO illustration/Photos by AP, Getty Images, iStock In June 2017

A Chipotle Double Steak Bowl Is Now $39 In California By Mish Shedlock of MishTalk Food away from home has risen at least 0.3 percent for 34 out of the last 36 months CPI data from the BLS, California Fast Food Prices Gordon Haskett Sticker Shock in California Higher state minimum wage went into effect April 1; chains say burritos and burgers are getting more expensive in response. The Wall Street Journal reports California Fast-Food Chains Are Now Serving Sticker Shock Since September, when California moved to require large fast-food chains to bump up their minimum hourly pay to $20

New Bombshell Evidence Emerges: Was Trump Set Up In Classified Docs Saga? Authored by Matt Margolis via PJMedia.com, This week in Florida, Judge Aileen Cannon unsealed a trove of new documents that Jack Smith fought to keep hidden. And you'll soon find out why. Among the documents unsealed were extensive exhibits, motions, and other filings shedding light on the intricate web of communication between the Biden White House and the National Archives and Records Administration in the lead-up to Trump's indictment. Investigative journalist Julie Kelly found something interesting in the documents that could change everything. The first things is testimony

Is 10% The New 1% By Peter Tchir of Academy Securities I’ve been thinking a lot about one of the first lessons I was taught as a junior trader. We were warned that when something happens, say a piece of economic data comes out, and the market doesn’t respond as you expected, to cut positions and be very careful. It is a sign that “something” is wrong in how you are thinking. On Friday, Treasuries rallied strongly on data that didn’t seem that great for rates. But the reality is (or so I believe) that Thursday’s sell-off was overdone, the

The Struggle For The Soul Of The GOP Authored by Kevin Roberts via The Epoch Times, The Republican establishment doesn’t know it yet, but last weekend was a watershed moment for their party. On April 20, House Republican leadership facilitated passage of a foreign-aid package that sends roughly $60 billion to Ukraine, $26 billion to Israel and Gaza, $8 billion to Taiwan, and exactly zero dollars to the southern border. The bill has since passed the Democrat-led Senate and was signed by President Joe Biden. The vote will be remembered for the choice Republican leadership made to brazenly reject its

NY Home Depot Hires Guards And Dogs To Combat Aggressive Parking Lot Migrants A Home Depot in New York has hired armed security guards and K-9 units to protect shoppers from aggressive migrants and thieves in the parking lots, the NY Post reports. According to City COuncilwoman Kristy Marmorato, "Everybody is well aware of the culture here at Home Depot, that we have day laborers just trying to make an honest living, and they just started to feel like it just started to become a little more aggressive." "Where people are walking from the store with stuff in their cart

NY Judge Claims '2nd Amendment Doesn't Exist In Her Courtroom' In Case Against Gunsmith Dexter Taylor, a software engineer and resident of Brooklyn, NY, took on gunsmithing as a hobby during the Covid-19 lockdowns.  He was already familiar with machining and found himself fascinated by the project, so he set out to learn the skills needed.  Taylor researched ATF rules regarding the building of firearms and wanted to follow them carefully.  Sadly, however, the state of New York has its own laws which leftist governments believe supersede federal law and the Constitution.   Because Taylor was apparently not officially licensed

Watch: Biden Lectures Press To Get Behind His Campaign Authored by Steve Watson via Modernity.news, In an incredible moment at the annual White House correspondent’s Dinner Saturday, Joe Biden lectured reporters, telling them they need to “rise up” and get behind his campaign, insinuating that if they don’t there will no longer be a free press in America. Biden addressed the press, stating that “the most urgent question of our time is whether democracy is still the sacred cause of America. That is the question the American people must answer this year and you, the free press, play a critical

Watch: Arizona State Fraternity Students Tear Down Pro-Palestine Encampment And Boot Out Activists After years of leftist activists disrupting the speech of groups and individuals they disagree with and threatening people with "cancellation" for having the "wrong" opinions, it's hard to find sympathy for them when they finally get a taste of their own medicine.  Woke protesters have recently sought to bring back the old Seattle CHAZ model of taking over public property and declaring it their own territory; in this case the territory is college campuses around the US.  The problem of western progressives hijacking causes in order to

The Gloves Will Come Off In A Second Biden Term Authored by David Keltz via American Greatness, If you believe, correctly, that the entirety of Joe Biden’s presidency has been one unmitigated disaster after another - not only for the American citizenry, but for the United States’ standing on the world stage and for our allies around the globe who have embraced the cause of freedom and religious liberty - fasten your seatbelts, because you haven’t seen anything yet. If you believe, correctly, that under Biden we are no longer a country that has any interest in securing our border

China Expanding New Outpost In Antigua & Barbuda, Alarming The Pentagon US officials are deeply alarmed at new reports that China is greatly expanding its economic, diplomatic, and possibly even military presence in the island paradise region of the Caribbean, just off America's doorstep.  Newsweek says it has in its possession leaked documents which show China has established a sprawling economic zone and outpost on Antigua and Barbuda, and has "secured privileges that resemble those of a small state." This means that from this location lying just 220 miles from the US Virgin Islands, Beijing could expand its espionage capabilities, akin

Man Who Filmed Ashli Babbitt Killing Sentenced To 6 Years In Prison Authored by Joseph M. Hanneman via The Epoch Times (emphasis ours), John Earle Sullivan, the onetime racial-justice activist and provocateur who filmed the deadly shooting of Ashli Babbitt at the U.S. Capitol on Jan. 6, 2021, was sentenced to six years in federal prison by a judge in Washington D.C. Activist John Earle Sullivan reacts to the shooting of Ashli Babbitt that he filmed outside the Speaker's Lobby at the U.S. Capitol on Jan. 6, 2021. (Sam Montoya/Special to The Epoch Times) Mr. Sullivan, 29, of Tooele, Utah

Elon Musk Makes Surprise Beijing Visit As Tesla Seeks Full Self-Driving Rollout  Elon Musk arrived in Beijing on Sunday and met with Premier Li Qiang, one week after postponing a trip to India. A source familiar with the visit told Reuters that Musk was expected to discuss the rollout of Full Self-Driving software and permission to transfer data overseas with top Chinese officials.  X user Yan Chan captured the moment Musk's Gulfstream G550 landed at Beijing Capital Airport on Sunday at 0603 GMT. Exclusive: Elon Musk's private plane with registration number N272BG has landed at Beijing Capital International Airport. It flew over me, and I captured this video for the

Justice Kavanaugh Warns Of Vicious Cycle Of Malicious Prosecutions That Could End Presidency Authored by Tom Ozimek via The Epoch Times, During Thursday’s deliberations at the U.S. Supreme Court on former President Donald Trump’s immunity claim, Supreme Court Justice Brett Kavanaugh warned that a decision in the case has future implications for whether future presidents are shielded from vicious cycles of malicious prosecution that could effectively end the presidency as we know it. In the course of two-and-a-half hours of oral arguments on April 25, justices on the Supreme Court appeared skeptical of a ruling by a federal appeals court

"Wasted Protest Vote": Trump Says He'd Take Biden Over RFK Jr. Authored by Naveen Athrappully via The Epoch Times, Former President Donald Trump criticized Robert F. Kennedy Jr.’s bid for presidency in the 2024 elections, pointing out his progressive stances on climate, guns, border, and energy. “RFK Jr. is a Democrat ‘Plant,’ a Radical Left Liberal who’s been put in place in order to help Crooked Joe Biden, the Worst President in the History of the United States, get Re-Elected,” President Trump wrote in an April 26 Truth Social post. “A Vote for Junior’ would essentially be a WASTED PROTEST

California Homeowners: Insured No More Amid Fire Danger America's largest and, for some owners, only option for a home insurer is pulling back its operations in the state of California, leaving many with no more options to secure their property's value amid wildfire danger in the state reaching new heights. As Statista's Katharina Buchholz reports, after saying in May of last year that it wasn't giving out any new California contracts, news broke in March that 72,000 State Farm policies in the state would not be renewed. Now, a filing shows which zip codes these homes are in. In many affected places

What's Really Behind Poland's Interest In Deporting Ukrainian Draft-Dodgers? Authored by Andrew Korybko via Substack, Polish Defense Minister Wladyslaw Kosiniak-Kamysz expressed support in an interview for Ukraine’s latest conscription-related policy of refusing consular services for draft-aged men aged 18-60. The form of assistance that Warsaw provides Kiev in returning these draft-dodgers depends on the regime, but he implied that his country might hunt down and deport them. This reading is predicated on him calling their service a “civic duty” and saying that Poles are “outraged” seeing these men hanging out in cafes. Late last year, “WaPo Amplified The Arguments Of Ukrainian Draft Dodgers Right

How Skeptical Are Europeans About Vaccinations? 31 percent of people surveyed in Poland as part of Statista’s Consumer Insights survey say they have little confidence in the safety of vaccinations. The low influenza vaccination rate among older individuals in Poland points to the potential practical consequences of such attitudes - although the data does not conclusively demonstrate a causal relationship. As Statista's Anna Fleck shows in the following chart, there is a lack of trust in the safety of immunizations across several countries in Europe. You will find more infographics at Statista In Austria and France, around a quarter of those surveyed expressed doubt

PM Orbán At CPAC: The 5 Methods Of Oppression Liberals Use To Silence Conservatives Authored by John Cody via ReMix News, In the run-up to major elections across the West, including the U.S. presidential election and the EU parliament elections in June, Hungarian Prime Minister Viktor Orbán warned that conservatives face unprecedented pressure from liberals, who are lashing out over fears they may lose power. During his speech at the third annual Conservative Political Action Conference (CPAC) in Budapest, Hungary, Orbán described five methods of oppression being deployed by liberals to silence the opposition, with the Hungarian prime minister noting

Majority Of British Public Does Not Back 'Rwanda Plan' A survey by YouGov conducted on April 24 has found that six in ten people in the United Kingdom think that the Rwanda plan will not be effective in stopping migrants from crossing the English Channel between France and the UK. As Statista's Anna Fleck shows in the following chart, this figure rises to over seven in ten respondents among Labour voters and Lib Dem voters. While Conservatives were more tied, only a third of the party's politically-aligned respondents said that they thought the Rwanda plan would be effective. You will find more infographics at Statista In

Ukraine Withdraws Abrams Tanks From Frontlines After Russian Drone Attacks Authored by Will Porter via The Libertarian Institute, The Ukrainian military has opted to withdraw its US-supplied M1 Abrams main battle tanks from the front lines due to the threat posed by Russian drones, American officials told the Associated Press. Kiev has reportedly lost several of the tanks since their long-delayed deployment in February. The decision came as Moscow increasingly relies on UAVs for round-the-clock surveillance and air strikes, making the Abrams "too difficult… to operate without detection or coming under attack," the AP reported on Thursday. The tanks have been removed

Iran's Nightmares Authored by Victor Davis Hanson, Details of the recent limited Israeli retaliatory strike against Iranian anti-aircraft missile batteries at Isfahan are still sketchy. But nonetheless, we can draw some conclusions. Israel’s small volley of missiles hit their intended targets, to the point of zeroing in on the very launchers designed to stop such incoming ordnance. The target was near the Natanz enrichment facility. That proximity was by design. Israel showed Iran it could take out the very anti-missile battery designed to thwart an attack on its nearby nuclear facility. The larger message sent to the world was that

Americans Are Increasingly Negative About China Data by Gallup shows that Americans' views of China have continued to worsen after 2018. The deterioration started with the U.S.-China trade war under President Donald Trump, continued during the coronavirus pandemic that originated in China and has recently taken on yet another dimension among concerns about widespread Chinese tech and industrial espionage and subversion as well as continued human rights abuses and tension surrounding Taiwan. As Statista's Katharina Buchholz details below, among American adults in 2024, unfavorable views of China were voiced by 77 percent of respondents after having reached a high of 84 percent in early 2023.

The Scramble For Antarctica Authored by Gregory Copley via The Epoch Times, The “scramble for Antarctica” is slowly gathering steam, and it is not unrelated to a new “scramble for the Americas.” The ramifications for the Indo-Pacific and, indeed, for the global strategic balance are also profound. By 2024, Antarctica had at least 82 bases from more than 30 countries. China has five bases, three built within the past decade (the latest in February), and three with year-round manning. Antarctica, in its own right, is home to many mineral and oceanic riches, but it is also key to a number

"A Marriage Of Ineptitude & High Self-Esteem" - Tucker Exposes The Liberal Cognoscenti "The marriage of ineptitude and high self-esteem is really the marker of our time," explains Tucker Carlson as part of his wide-ranging discussion with Joe Rogan. Reflecting on the likes of Alexandria Ocasio-Cortez and Karine Jean-Pierre, Carlson remarks that "I've nothing against dumb people at all. My dogs are dumb and I love my dogs..." "I'm not attacking [AOC] for being dumb, and the White House Press Secretary is in the same category, but the idea that dumb person has no idea she's dumb, she really thinks

How The Supreme Court's Immunity Decision Could Limit The Cases Against Trump Authored by Sam Dorman via The Epoch Times, The Supreme Court indicated on April 25 that it would issue a narrow ruling refining the scope of presidential immunity while leaving the details of former President Donald Trump’s other legal battles up to lower courts. The most immediate effect of their decision on President Trump’s legal battles would be to delay his Washington case, where his immunity appeal originated. That trial was scheduled to start on March 4 but, more recently, observers have been questioning whether it will even

Adam Schiff Robbed In San Francisco Via the Post Millennial, Democratic Congressman Adam Schiff’s luggage was stolen out of his parked car in a downtown San Francisco parking garage on Thursday. He later attended speaking event and dinner in a shirt and hiking vest.    According to the San Francisco Chronicle, the left-wing Senate hopeful was at the event to thank high-profile lawyer Joe Cotchett for his support to replace the late Dianne Feinstein.     The outlet reported that Schiff’s car had been parked in the garage to visit the area.   Cotchett’s press agent Lee Houskeeper, who was at the dinner at

Bitcoin Is Built To Last: How The Network Defends Against Attacks Via Bitcoin Magazine, Bitcoin is one of the most robust distributed systems in the history of mankind. For fifteen years it has ticked along block by block with only two disruptions in its first few years that were very quickly handled by responsive developers the minute they manifested themselves. Aside from that, it has ticked along producing a block roughly every ten minutes with no interruptions. This reliability has set a golden standard of expectations for Bitcoin users, encouraging them to view it as a completely unstoppable system. In

Which City Has The Most Billionaires In 2024? Some cities seem to attract the rich. Take New York City for example, which has 340,000 high-net-worth residents with investable assets of more than $1 million. But there’s a vast difference between being a millionaire and a billionaire. So where do the richest of them all live? Using data from the Hurun Global Rich List 2024, Visual Capitalist's Pallavi Rao ranks the top 20 cities with the highest number of billionaires in 2024. A caveat to these rich lists: sources often vary on figures and exact rankings. For example, in last year’s reports, Forbes had New York

Chinese Nationals Charged With Conspiracy to Export US Technology Authored by Matt McGregor via The Epoch Times, The Department of Justice has arrested two Chinese nationals who allegedly plotted to export U.S. technology to advance the People’s Republic of China’s military operations. Han Li, 44, and Lin Chen, 64, have been charged with several counts of conspiracy to violate the International Emergency Economic Powers Act (IEEPA), in addition to the Export Administration Regulations (EAR), for attempting to export a machine used to process silicon microchips. “The export restrictions at issue in this case were put in place to prevent the

These Are The Countries That Have Become 'Sadder' Since 2010 Can happiness be quantified? Some approaches that try to answer this question make a distinction between two differing components of happiness: a daily experience part, and a more general life evaluation (which includes how people think about their life as a whole). The World Happiness Report - first launched in 2012 - has been making a serious go at quantifying happiness, by examining Gallup poll data that asks respondents in nearly every country to evaluate their life on a 0–10 scale. From this they extrapolate a single “happiness score” out of 10 to

Office Market Availability Rate Hits Record High In San Francisco Authored by Travis Gillmore via The Epoch Times, A confluence of factors continues to impact San Francisco’s office market, with vacancy and availability rates reaching record highs in the first quarter of 2024, according to commercial real estate analysts at global companies Avison Young and CBRE. Availability - the combination of vacancy and sublease opportunities in the market - reached 36.7 percent of all office square footage from January to April, according to recently released market analyses from the leading commercial real estate firms. “We’re at mostly record levels, and

Putin Did Not Order Alexei Navalny's Death, US Intelligence Finds In a surprising turn, The Wall Street Journal has issued a new weekend report saying that US intelligence agencies do not believe that Russian President Vladimir Putin planned or ordered the death of opposition activist and politician Alexei Navalny. "U.S. intelligence agencies have determined that Putin likely didn’t order Navalny to be killed at the notoriously brutal prison camp in February, people familiar with the matter said, a finding that deepens the mystery about the circumstances of his death," writes the Journal. Via Associated Press "The assessment doesn’t dispute Putin’s culpability for Navalny’s

NHTSA Probes Tesla Autopilot Again After 20 Crashes Since Update Remedy The National Highway Traffic Safety Administration (NHTSA) is investigating Tesla's Autopilot (again) to determine if the over-the-air update to the automated driving system was enough to keep drivers on the road.  The new probe comes after the NHTSA closed a multi-year investigation into Autopilot. The prior report found evidence that "Tesla's weak driver engagement system was not appropriate for Autopilot's permissive operating capabilities," which resulted in a "critical safety gap." On Friday, NHTSA said the original Autopilot investigation was opened to see if "Tesla's Autopilot contained a defect that created an unreasonable risk to motor vehicle safety," adding that it discovered

DOJ Continues To Refuse Handing Over Audio Recording Of Special Counsel's Interview With Biden Authored by Matt McGregor via The Epoch Times, The Department of Justice (DOJ) stands its ground on its refusal to surrender the audio recording of Special Counsel Robert Hur’s interview with President Joe Biden to the House Oversight Committee. Reps. Jim Jordan (R-Ohio) and James Comer (R-Ky.), chairmen of the House Judiciary and Oversight Accountability committees, warned Attorney General Merrick Garland that he would hold him in contempt of Congress unless he handed over the recording of Mr. Hur’s interview stemming from a probe into President

White House Uses "Walkers" To Conceal Biden's Old-Man Shuffle With the presidential election still more than six months away, President Biden's handlers are under increasing pressure to divert Americans' eyes from his obvious and accelerating mental and physical decline.  Where his deteriorating mental abilities are concerned, we've already seen them using tactics like drastically minimizing his spontaneous interactions with reporters and excessively stage-managing his rare press conferences -- down to furnishing him with answers to questions submitted in advance.  A Biden cheat sheet tells him which reporters to call on and what exactly they will ask him  Now comes news

US Should Adopt UK's 'Rwanda Plan' To Address Illegal Immigration Authored by Simon Hankinson via The Epoch Times, After nearly two years of legal and political challenges, Britain’s parliament has finally passed a law confirming that Rwanda is a safe place to send people who arrive in the UK illegally by sea. This is a major policy win for the Conservative government of Prime Minister Rishi Sunak and a victory for common sense. Britain, like the United States and Europe, is experiencing mass illegal migration in the guise of asylum claims. The British devised the Rwanda plan in response, but the

Sierra Nevada Awarded DoD Contract To Build Next-Gen 'Doomsday Plane' Aerospace and defense company Sierra Nevada Corporation won the $13 billion Pentagon contract to develop a successor to the "Doomsday Plane" that serves as a mobile command post in the event of nuclear war.  The current 1970s-era Boeing E-4B "Nightwatch" serves as the National Airborne Operations Center and is a key component of the National Military Command System for the President, the Secretary of Defense, and the Joint Chiefs of Staff.  However, the fleet of E-4B Nightwatch, which can withstand nuclear blasts and electromagnetic effects, is aging and needs to be replaced.  That's where Sierra Nevada comes

Tesla Attorneys Target Shareholder Trying To Stop Moving Musk's Pay Fight To Texas Richard Tornetta, who was at the center of Tesla shareholders' claim that Elon Musk was taking an excessive pay package, is now at the center of claims that Tesla should not be reincorporating to Texas to approve Musk's voided pay plan.  But Tesla is firing back at Tornetta. John Reed, one of Tesla’s attorneys, said in a Delaware Chancery Court filing this week that Tornetta "is raising false alarms", according to Bloomberg.  Musk has considered relocating Tesla's headquarters from Delaware to Texas after a judge revoked his substantial pay

Nearly Half Of Those Arrested At UT-Austin Pro-Palestinian Protest Had No Links To School Authored by Jana J Pruet via The Epoch Times, Nearly half of the pro-Palestinian protesters arrested earlier this week at The University of Texas at Austin were not affiliated with the university. Law enforcement officials arrested 57 protesters during Wednesday’s event organized by the Palestine Solidarity Committee after participants refused to disperse despite demands from authorities and the university. Of those arrested, 26 were neither students nor faculty of the university, according to officials at UT-Austin. Hundreds of students walked out of class Wednesday in support

Another Russian Oil Refinery Hit By Ukrainian Kamikaze Drones Ukrainian military planners have been ramping up Kamikaze drone strikes against the Russian energy industrial complex this week, including an overnight attack damaging an oil refinery as Western sanctions fail to crush Putin's oil-rich economy that funds the "special military operation" in Ukraine. This comes despite the US publicly telling the Ukrainians to stop attacking Russian refineries for fear Brent crude prices could spike and worsen the inflation storm in the US ahead of the presidential elections in the fall.  Bloomberg reports an oil refinery in the Sloviansk-on-Kuban region was hit by a swarm of Ukranian suicide drones on

If 10-Year Yields Surpass 5%, Say Hello To QE (And Massive Inflation) Via SchiffGold.com, The wizards at the Fed and US Treasury have been forced to acknowledge that their “transitory,” inflation is, in fact, quite “sticky.” And with the inflation elephant now acknowledged by the circus of high finance, Treasury yields keep inching up, recently reaching 4.7% — the highest since November. The Fed is stuck: It needs to raise interest rates to tame inflation and make Treasuries more attractive. But the Fed can’t afford higher rates, with an already-untenable cost to service the existing debt and loan-dependent industries teetering on the brink. Once the 10-year Treasury yield goes above 5%, the bond market enters especially

Florida Developer Seeks $100 Million For Penthouse Atop 66 Story Building In Brickell Key It looks as though the flight to Florida, specifically Miami, by Wall Street firms and New Yorkers during the height of Covid is starting to pay dividends for the state. And if commercial real estate is dead, someone forgot to tell Swire Properties Inc., who is reportedly seeking $100 million to develop a penthouse atop a 66-story tower on Brickell Key island in Florida.  The building is already home to the The Residences at Mandarin Oriental, but the penthouse - capable of being split into two units, according

Washington's Fiscal Mess Is Irresponsible, Unethical, Immoral: Former US Comptroller General Authored by Andrew Moran via The Epoch Times, In 2007, the U.S. national debt was below $10 trillion, and the budget deficit was about $160 billion. Federal spending was about $3 trillion, and interest payments were approximately $400 billion. Then the numbers spiraled out of control. Washington’s fiscal situation has drastically changed since then; total debt has surpassed $34 trillion, the annual budget shortfall exceeds $1 trillion, and interest costs have topped $1 trillion. David Walker, the former comptroller general of the United States and a Main Street Economics

Boeing 767 Loses Emergency Slide After Departing From New York City Some Boeing jets, operated by major US carriers, are plagued with persistent issues that concern travelers, prompting a shift toward what is perceived as safer Airbus jets. It appears that hardly a week passes without a new problem with a Boeing jet.  The latest near-mid-air disaster occurred Friday morning on a Delta Air Lines Boeing 767-300, departing from John F. Kennedy International Airport in New York City. An emergency slide separated from the plane during flight.  Breaking Aviation News & Videos posted an image of Delta Flight 520's "right-hand side emergency slide" compartment just above the wing.

"Bye Bye, Babies... Bye Bye, Workers": Can Europe Slow The Impact Of Its Aging Society By Erik-Jan van Harn and Maartje Wijffelaars of Rabobank Summary Europe’s population is aging and this will stunt economic growth in the coming decades. Challenges are arising for social welfare, debt sustainability, and even strategic autonomy. Potential remedies for the declining workforce differ per country, but overall, there are no easy solutions. To protect the welfare state, maintain sustainable public finances, and support Europe’s quest for strategic autonomy, higher productivity growth seems essential. The demographic transition Change is often accompanied by difficulty and discomfort. Most

DARPA Drone? UFO? Or Deep Fake?  "I saw a UFO coming home yesterday! Can anyone help me identify what this is?! Posting the video and a still shot of the object," Michelle Reyes wrote on Facebook last month. She was recording New York City's skyline from a commercial plane approaching LaGuardia Airport.  Reyes posted a video of the sighting and two screenshots of the mysterious flying cylinder that buzzed the commercial jet.  Here's the first screenshot of the object.  The second.  And the video. A possible UFO over NYC baffles a passenger flying out of LaGuardia Airport. https://t.co/cLHdUwBslY pic.twitter.com/ITuP9ra3Kq — New York Post (@nypost) April 25

"Explain To Me Why We Don't Have The Right To Exist?" – Eva Vlaardingerbroek Warns Whites Against Massive Demographic Changes In Their Native Countries By John Cody of RMXNews.com In an exclusive interview with Remix News, Dutch political commentator and lawyer Eva Vlaardingerbroek warns Europeans that they must take a stand against rapid demographic change or become a minority in their native countries. You’ve spoken a lot about White rights and the White replacement. But of course this kind of opens you up to these accusations of racism. So, how do conservatives deal with this Catch-22 of not wanting to

Bird-Flu, Censorship, & 100 Day Vaccines: 7 Predictions For "The Next Pandemic" Authored by Kit Knightly via Off-Guardian.org, Earlier this month the White House published its new “Pandemic Preparedness” targets. They are far from alone in covering this. Back in March, Sky News was asking: “Next pandemic is around the corner,’ expert warns – but would lockdown ever happen again?” On April 3rd, the Financial Times asked something similar: “The next pandemic is coming. Will we be ready?” Less than an hour ago, the Daily Mail invited us inside “the world’s deadliest cave that could cause the next pandemic”. Just two days ago a professional panic spreader wrote for

It's Entirely Legal To Own "Thermonator"  For those curious, owning a flamethrower is broadly legal across the United States, with Maryland being the exception, as the state has effectively banned these devices. In California, flamethrowers are legal but require a permit.  With the legality all sorted out. What's been making headlines this week is a Unitree Go2 quadruple robot equipped with a flamethrower.  "Thermonator is the first-ever flamethrower-wielding robot dog. This quadruped is coupled with the ARC Flamethrower to deliver on-demand fire anywhere!" Throwflame, the company behind the robot flamethrower, wrote on its website.  Called the "Thermonator," the flamethrowing robot retails for $9,420 and

San Diego Official Says City Is "New Epicenter" Of Border Crisis Authored by Katabella Roberts via The Epoch Times, A San Diego County official has branded the city the “new epicenter” for illegal immigration and claimed that Border Patrol has become “the ‘Uber’ for migrants” entering the county. “San Diego is the new epicenter for migrants and illegal immigration,” San Diego District 5 Supervisor Jim Desmond posted on the social media platform X on April 25. “The surge in illegal crossings has propelled San Diego to the unfortunate position of leading all nine southern border sectors in April, a trend

Disgruntled School Employee Uses AI To Frame Principal With Racist Rant  A disgruntled ex-athletics director at a northern Baltimore County Public School used artificial intelligence to impersonate the voice of his boss, the high school's principal, then posted the racist and antisemitic hate rant on social media to share with the world. Baltimore County Police Chief Robert McCullough told reporters his investigators worked with FBI agents and experts from the University of California at Berkeley to determine that a recording of Pikesville High School principal Eric Eiswert, circulating on social media since January, was generated with AI tools by Dazhon Darien, the school's athletic director

Competition, The American Way Authored by Jack Miller via RealClearEducation, Our K-12 educational system is designed to serve much less than 50% of American students. For decades the cry has been that “all kids must go to college.” Yet, only a minority do so and fewer graduate. Our high schools have been turned into college prep schools. Shop classes have been eliminated, along with other useful courses. Most students who don’t go to college have been deprived of the education they need to be successful. And businesses looking for hungry, well-prepared personnel have been deprived of good candidates. A 2022

Worst In 70 Years: Biden Approval Rating Absolutely Dismal President Joe Biden has the worst job approval rating since Eisenhower during his recently completed 13th quarter in office, according to a new poll by Gallup. While Biden clocks in at 38.7%, the previous low was set by George H.W. Bush at 41.8% in 1992. Donald Trump and Barack Obama averaged 46.8% and 45.9% respectively during the same point in their presidencies. Prior to Bush, Jimmy Carter is the only other president with a sub-50% average in his 13th quarter. Richard Nixon, Ronald Reagan, Bill Clinton and George W. Bush averaged

California's New Minimum Wage: A Cure That Exacerbates The Sickness Via SchiffGold.com, The solution to a problem shouldn’t make the problem worse. But apparently, California’s policy makers missed that memo. On April 1st, the state instituted a $20 minimum wage for fast food workers, the highest in the US. With California’s absurdly high cost of living, the policy appeared to make life more manageable for low-income residents. Unfortunately, as the adage goes, “If it sounds too good to be true, it probably is.” California’s new minimum wage is poised to hurt the same fast-food workers it aims to help. The Economic Problem of a Minimum Wage The counterproductivity of a minimum

Pentagon Chief Trolls Iran On Effectiveness Of Weapons After Israel Attack US Defense Secretary Lloyd Austin on Friday weighed in on the April 13 Iranian attack on Israel, which was the Islamic Republic's first-ever direct attack on the Jewish state. It included some 300 drones and missiles launched at Israel - the vast majority of which were intercepted by Israeli anti-air defenses, but also with US and Western help, and the deployment of warplanes which shot inbound drones out of the sky. Austin in a press briefing appeared to mock the Iranian attack as weak and ineffective. This comes following

UCLA Students Forced To Take Mandatory 'Fat Positivity' Class Authored by Steve Watson via Modernity.news, UCLA medical school is under fire for forcing students to attend ‘health equity’ classes where ‘fat positivity’ is promoted, and reading material claims that the medical term ‘obesity’ is a slur “used to exact violence on fat people.” Yes, really. The Washington Free Beacon obtained the  entire syllabus for the mandatory course, titled Structural Racism and Health Equity, which one medical expert who has reviewed it describes as “education designed to ideologically indoctrinate physician-activists.” As part of the required course, all first year medical students are made to

Drizzle Drizzle? 'Soft Guy Era' Parody Trend Sheds Light On Feminist Hypocrisy First, the feminists claimed that they "don't need no man" and promoted a culture of "strong independent women," the idea being that men were holding women back from their true potential.  The "patriarchy" conspiracy was an all prevailing issue for woke activists for years, and their answer was to attack and sabotage men and masculinity with a terroristic fervor.  Masculinity, they argued, is the root of all historic evils. However, as feminists gained the backing of governments and massive corporate financiers the idea of women being "oppressed" in

Immunity For Me But Not For Thee Authored by William Woodruff via The Epoch Times (emphasis ours), Whether Presidential Immunity is a Good Thing or a Bad Thing Shouldn’t Depend Upon Party Affiliation “Whether and if so to what extent does a former President enjoy presidential immunity from criminal prosecution for conduct alleged to involve official acts during his tenure in office?” That is the question the Supreme Court will answer when it hears oral argument in Trump v. U.S.  on April 25, 2024. Legacy media and the ladies of “The View” nearly lost their collective minds when the Court

Why You Can't Afford Most Hotels In New York City Authored by Fred Roeder via RealClearMarkets, On a Friday night in March 2011, I stayed at an upscale W Hotel on Lexington Avenue in New York City for $124. That hotel later became The Maxwell, but sadly it didn’t survive the pandemic and is now permanently closed. Today the average hotel stay in that same neighborhood costs between $400 and $500 on a Friday night. The surge in hotel prices, particularly for upmarket accommodations, has caught the attention of travelers and investors worldwide. What led to this spike in hotel rates post-pandemic? Several factors

Mainstream Media Misrepresenting Crime Statistics In Order To Protect Biden Authored by Eric Lundrum via American Greatness, With the November election less than 7 months away, mainstream media outlets are now choosing to misrepresent the current state of crime in the United States, claiming that crime is declining without providing full context or key details. As the Daily Caller reports, there are two ways in which the federal government measures crime in the United States: The Bureau of Justice Statistics’ (BJS) National Crime Victimization Survey (NCVS) and the Federal Bureau of Investigation’s (FBI) Uniform Crime Reporting (UCR). Whereas the NCVS asks roughly

Bank Failures Begin Again: Philly's Republic First Seized By FDIC Who could have seen that coming? (here, here, here, and most detailed here) March will be lit: 1. Reverse repo ends 2. BTFP expires 3. Fed cuts (allegedly) 4. QT ends (allegedly) — zerohedge (@zerohedge) January 8, 2024 Admittedly, we were a couple of weeks off, but trouble has been brewing in the banking sector and tonight - after the close - we get the first bank failure of the year. The FDIC just seized the troubled Philadelphia bank, Republic First Bancorp and and struck an agreement for the lender’s

Watch: Trump Challenges Biden To Debate 'Tonight At The Courthouse' In NY In a Friday interview with Howard Stern, President Joe Biden said he'd be "happy to debate" Donald Trump, telling Stern: "I am, somewhere, I don’t know when, but I am happy to debate him." Biden's remarks appeared off the cuff, rather than something his handlers approved, according to the NY Times, citing a top Democratic official familiar with the campaign's thinking. 🚨 Crooked Joe Biden says he's "happy to debate" President Trump. His handlers must be furious! pic.twitter.com/eOS9zm0G0U — RNC Research (@RNCResearch) April 26, 2024 Trump responded on

Biden Holds Off On Sanctioning IDF Unit In Apparent Reversal  Via The Cradle The government of US President Joe Biden has decided against imposing sanctions on Israeli army units responsible for human rights violations against Palestinians, despite initial plans to do so.  ABC News reported on Friday that a government assessment determined that three battalions in the Israeli army committed “gross human rights violations” against Palestinians in the occupied West Bank “but will remain eligible for US military aid regardless because of steps Israel says it’s taking to address the problem.”  Image source: NY Times The assessment, which has not been

UK Navy Reports Two Vessels Attacked In Red Sea, One Damaged  Yemen's Iran-backed Houthi rebels may have launched attacks on two vessels transiting southwest of Mukha, a port city on the highly contested southern Red Sea.  Bloomberg says the UK Navy has confirmed two attacks on vessels in a series of headlines hitting the Terminal around 1400 ET.  UK NAVY: REPORTS 2 ATTACKS ON VESSEL SW OF AL MUKHA, YEMEN There are also reports that one of the vessels is "damaged."  UK NAVY SAYS ATTACKS RESULTED IN DAMAGE TO VESSEL The United Kingdom Maritime Trade Operations confirmed an incident 14 nautical miles from Mukha earlier. 

Emergency-O-Rama... Authored by James Howard Kunstler via Kunstler.com, “We’ll certainly never forget the dark days of June 6... January 6th, excuse me.” - President “Joe Biden” The plum blossoms are ready to pop here. You can feel your blood rising. The evening sun lingers a little longer every day. Normally you’d celebrate, but not this year of roaring portents and evil juju. History doesn’t stop to catch its breath for a moment. The tiny glowing diode deep in “Joe Biden’s” brain dims a bit more each day (pause) while low men and women in high places trifle with the fate

US Bank Deposits Suffer Biggest Weekly Decline Since 9/11 As Tax Man Cometh It's that time of year again and US bank deposits sure showed it... While money-market funds' total assets fell over $100BN, on a non-seasonally-adjusted (NSA) basis, total bank deposits crashed by a stunning $258BN as Tax-Day cometh. That is considerably more than the $152BN decline last year but less than the $336BN plunge in 2022... Source: Bloomberg This makes some sense though as the Treasury Cash Balance rose by around the same amount as taxpayers did their duty and paid their 'fair share'... Source: Bloomberg However, on

Planes Almost Collide At 2 Major Airports As Boeing Probe Advances Authored by Jacob Burg via The Epoch Times (emphasis ours), As the U.S. Justice Department decides whether to pursue a criminal case against Boeing, the Federal Aviation Administration (FAA) is investigating dozens of airplane incidents since January, including one in which a Swiss Air jet almost collided with four other planes on the runway at JFK International Airport in New York City. An air traffic control tower at JFK airport in New York City, on Jan. 11, 2023. (Michael M. Santiago/Getty Images) The FAA has more than 100 aviation

"The Yen Collapse Has Become Disorderly": Look For A Final, Sharp Decline Before It Hits A Floor The BOJ came, issued the shortest statement in the history of central banks... ... and left, leaving traders stunned and speechless at the sheer idiocy of the world's most clownish central bank, which has decided to invite currency collapse the same abandon as Zimbabwe, if it means pushing up domestic stonks a little bit more even as hyperinflation is unleashed among Japanese society. And now that the collapse in the yen is making banana republics like Turkey blush, and is making FX managers

NYPD Warns Anti-Israel Protesters A 'Seattle-Style' Occupation Zone Won't Be Tolerated Authored by Patricia Tolson via The Epoch Times, As protests escalate across college and university campuses in the United States, a New York Police Department (NYPD) official vowed that a “Seattle-style” occupation zone will not be tolerated on the streets of New York City. Two New York Police Department (NYPD) officials spoke with Fox News’ “The Story” anchor Trace Gallagher on April 25. The conversation focused on growing concerns that the anti-Israel protests spreading across America’s college campuses might devolve into further violence. NYPD Deputy Commissioner of Operations Kaz

Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth It was an ugly macro week... Source: Bloomberg ...and worse still, 'growth' surprises disappointed significantly while 'inflation' surprises surprised to the upside significantly... Source: Bloomberg Soaring inflation expectations sent rate-cut expectations to new cycle lows... Source: Bloomberg ...pushing yields higher across the board (led by the long-end)... Source: Bloomberg But, stocks didn't care about any of that because a handful of mega-cap tech stocks' earnings were awesome (except META) - and that's what matters (for now)... Source: Bloomberg Nasdaq outperformed, up 4% on the

Trump Responds To Main 'Hush Money' Trial Witness's Claims Authored by Jack Phillips via The Epoch Times, Former President Donald Trump praised the first witness in his New York City “hush money” trial, former National Enquirer publisher David Pecker, as he is scheduled to deliver more testimony in the case on Friday. “He’s been very nice. David’s been very nice. He’s a nice guy,” President Trump said on Thursday, responding to a question about Mr. Pecker’s testimony over the past week or so. During cross-examinations Thursday, Mr. Pecker detailed how he obtained potentially damaging stories about the candidate and paid

Blinken Threatens China Over Russia Ties, Warns Xi Against "Downward Spiral" In Relations With US On Friday Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing, which brought to a close the US top diplomat's three day visit to China.  Blinken warned the Chinese leader of another potential "downward spiral" in relations and the two sides agreed this should be avoided, however, there were plenty of not so subtle barbs, warnings and threats exchanged. AFP/Getty Images President Xi in comments underscored that Beijing and Washington "should be partners rather than adversaries" - a familiar theme of top Chinese officials of late.