SNAP Recipients Claim Trump Trying To “Destabilize Food Access”, Sue Feds Over Junk Food Ban The Make America Healthy Again agenda just found its first serious legal challenger. This week, five food stamp recipients filed suit in Washington, D.C., federal court demanding the right to spend taxpayer-funded SNAP benefits on candy, soda, and energy drinks.  The plaintiffs filed the lawsuit against the U.S. Department of Agriculture […]

Trump Says US “Hammering Iran’s Ability To Threaten Shipping”, Warns Xi Summit Could Slip If Beijing Bails Summary: Trump reiterates military campaign continuing in full force, main efforts to Iran’s threat to shipping Trump presses for multinational Hormuz escort coalition as allies hesitate; Bessent says US allowing limited Iranian, Chinese, and Indian tanker transits “for now” to stabilize global supply. Bessent […]

“Problem Is Solvable”: Airline CEOs Urge Congress To End Shutdown, Pay TSA Workers The Department of Homeland Security’s social media team on X spent the weekend blaming Democrats for the travel chaos unfolding at airports nationwide, as TSA agents failed to report to work during a funding lapse caused by Senate Democrats’ refusal to fund the DHS budget without reforms to ICE and Border Patrol. “Thanks to the Democrats’ shutdown, […]

Boasberg’s Law: Why The Quashing Of The Powell Subpoenas Leaves More Questions Than Answers Authored by Jonathan Turley, Last week, Chief Judge James Boasberg delivered a blow to the criminal investigation into Fed Chair Jerome Powell by tossing out grand jury subpoenas. Boasberg declared the investigation overtly political and coercive, without any criminal predicate. The decision is a rare rejection of a duly issued grand jury […]

Mexico Truck Production Plunges 50% In February As US Exports Slow By Noi Mahoney of FreightWaves Mexico’s heavy-vehicle industry posted sharp year-over-year declines in production, exports and sales in February, signaling continued weakness across the country’s truck manufacturing sector. Mexico’s National Institute of Statistics and Geography (INEGI) reported that 6,974 heavy vehicles were produced in February, a 49.1% […]

Woke Celebrities Applaud Themselves At Oscars As Hollywood Burns There is something rather uncomfortable about the Hunger Games aesthetics of Hollywood and the Oscars these days.  The pomp is tinged and the glamour faded.  The glitter and velvet curtains no longer hide the stinking rot that hides underneath.  The fact that a bunch of washed-up and histrionic celebrities are still swimming in the fantasy that they matter is […]

China-US Trade Talks End In Paris As Doubts Grow Over Trump-Xi Summit Update (0911ET):  The Hong Kong-based South China Morning Post has published an update on the sixth round of U.S.-China trade talks, which concluded moments ago in Paris. SCMP’s title for the update is rather ominous: “China and the US end trade talks as doubts form over Trump visit.” The report states that both sides discussed a possible extension of existing […]

The Wrath Of Kharg By Ben Picton, Senior Market Startegist at Rabobank Brent crude is bid again this morning as markets digest the dump of news over the weekend relating to the Iran war. On the bullish side for crude was the US decision to bomb Iranian military assets on Kharg Island – the Persian Gulf port where up to 90% of Iranian oil exports are typically loaded onto tankers. Announcing the strikes via Truth Social, President […]

Nano Nuclear Progresses HALEU Transport Package Nano Nuclear released a notable update this morning for achieving conceptual design milestones on its proprietary, optimized High-Assay Low-Enriched Uranium (HALEU) transportation package, developed in partnership with German nuclear logistics heavyweight GNS. Through subsidiary Advanced Fuel Transportation (AFT), the company has nailed down two optimized payload baskets capable […]

BYD Shares Soar Most In 13 Months As Chinese EV Push Into Americas Accelerates Shares of Chinese EV maker BYD surged the most in 13 months after a report that its factory in Bahia, Brazil, a former Ford Motor plant, secured export orders for about 100,000 vehicles from Argentina and Mexico. This development suggests BYD’s strategy to localize production in South America is still in its early stages and set to flood the continent […]

Key Events This Week: Central Banks Galore, PPI, And The War In Iran After Friday’s revelation that it was the first consecutive monthly Friday 13th for 11 years, DB’s Jim Reid writes that today’s nearly-as-impressive revelation is that this week sees the Fed, ECB, BoJ and BoE all meet in a single calendar week for the first time since December 2021. So a “super week” for central banks. All of them will have a very complex backdrop […]

Israel Expects Iran War To Continue At Least Into April, Lebanon Conflict Longer The White House has struggled to present the American public and the world with a clear timeline or precise strategy on Operation Epic Fury, but Israel has seemed clearer on signaling it is settling in for a longer war. Israel is bracing for its war with Iran to stretch well into April, even as officials quietly concede the government in Tehran is […]

Florida Passes Voter ID Bill Modeled After SAVE Act Authored by Jill McLaughlin via The Epoch Times, The Florida Legislature passed new election legislation modeled after President Donald Trump’s proposed SAVE America Act. House Bill 991, sponsored by state Rep. Jenna Persons-Mulicka, passed along party lines by a vote of 83 to 31. “We are the Election Integrity State!” Persons-Mulicka wrote on X after the vote. Sponsors […]

US Industrial Production Rises For 4th Straight Month In February After a strong gain in January, US Industrial Production continued to expand in February, rising 0.2% MoM (better than expected +0.1%) – the fourth straight month of gains with Production up 1.44% YoY… Source: Bloomberg Manufacturing output also beat expectations, rising 0.2% MoM in February. Durable manufacturing output edged up 0.1 percent, with mixed […]

Starmer Vows UK Won’t Be Drawn Into Wider War In Middle East, Hormuz Crisis ‘Not A Simple Task’ British Prime Minister Keir Starmer spoke to President Trump on Sunday night, with Starmer on Monday describing that the two leaders discussed events “in the way that you would expect between two allies and two leaders” and he had a “good relationship” with the US president. His articulation of an apparently positive and frank talk comes […]

Futures Jump, Oil Slides On Fresh Hormuz Hopes Stock futures are higher AS energy prices dip modestly even as the war in the Middle East enters a third week, with Trump’s endgame unclear amid requests for international help to reopen the SoH.  As of 8:00am ET, S&P futures are up 0.8% and and Nasdaq futures gain 1.0% with all Mag 7 names higher in premarket trading led by Meta which is reportedly planning layoffs that could […]

This Polycrisis Is Unique Authored by Charles Hugh Smith via OfTwoMinds blog, When understood as a wave, the current Everything Bubble is not sustainable. The problem with predictions based on the past is the analogies we discern are interpretations which means if we like one interpretation more than the alternatives, we stretch the present crisis and past crises to fit our preferred interpretation. Two round pegs pounded into […]

Sector Watch: The Energy Security Pivot Accelerates Authored by Boredom Baron via Substack, Four sectors demand specific attention this week, and the supply chain dynamics within each are more nuanced than the headlines suggest. Logistics and Transportation face existential cost pressure, but the picture is bifurcating exactly as I suggested it would. The Denmark story, with the government begging citizens to “please, please, […]

Supply Chain Layoffs Spread Across Warehouses, Factories And Rail Terminals By Noi Mahoney of FreightWaves A wave of layoffs across U.S. supply chains — from EV battery plants and auto parts factories to warehouses and rail terminals — has affected nearly 4,000 workers in recent weeks, according to company announcements and WARN filings across multiple states. Recent WARN filings and company announcements show job cuts across […]

Sleepless In Sweden Recent data from a Statista Consumer Insights survey casts light on the prevalence of sleeping problems in different countries, affecting more than a third of respondents in 25 out of the 32 populations surveyed. You will find more infographics at Statista Respondents were asked if they had experienced a sleep disorder in the 12 months prior to the survey. Additionally, Statista’s Felix Richter notes that […]

“Entirely Demonic”: Catherine Austin Fitts Warns Financial Tsunami Coming Because Of Programmable Money Via Greg Hunter’s USAWatchdog.com, Catherine Austin Fitts (CAF), publisher of “The Solari Report,” has been pushing gold (and silver) as an investment for the past few years.   The record high price, even though both have come down in price a bit, has proven her right–again.  Now, there is an overpowering change […]

Where The Super Rich Reside According to the Forbes World’s Billionaires List of 2026, many of the world’s richest people are citizens of the United States. As Statista’s Katharina Buchholz shows in the following chart, the country counted 989 billionaires per the list’s last release Tuesday. This is far ahead of the second-ranked country, China (with 610) and third-placed India with 229. You will find more infographics at […]

German Police Raid AfD Lawmaker’s Home Over Years-Old Social Media Posts Authored by Thomas Brooke via Remix News, Police and prosecutors in Munich carried out searches on Friday morning at the private residence and Bavarian State Parliament office of AfD lawmaker René Dierkes, reportedly in connection with alleged insults and social media posts dating back several years. Dierkes, 34, who represents the Munich-East constituency […]

Nordic Nations Rank Among Happiest & Wealthiest In The World Does money buy happiness? The world’s richest countries generate staggering income per person. But when it comes to life satisfaction, some of the wealthiest nations fall surprisingly short. This graphic, via Visual Capitalist’s Bruno Venditti, compares GDP per capita (PPP), based on IMF data, with happiness scores from the World Happiness Report, which asks […]

Berlin Youth Center Hid Girl’s Gang-Rape By The Usual Suspects To Avoid ‘Typical Muslim’ Label Via Remix News, A Turkish-Kurdish schoolgirl is said to have been groped by nine boys of Arab descent in the back room of a Berlin youth center in Gropiusstadt, Neukölln. It then came out that she was raped in November, in the youth center garden. A scandal has erupted after it was reported that the youth center staff did not file a […]