There have been more US and Israeli strikes on Tehran into the afternoon and evening hours local time, suggesting that the aerial operation will be sustained, at least for the time being.
There have been rumors flying all day that Ayatollah Ali Khamenei has been killed, which Iranian officials have firmly denied. Many analysts believe that full regime change in Iran cannot happen unless there are US forces on the ground, and this prospect would be immensely unpopular among the American public.
Authored by Steve Watson via Modernity.news,
HHS Secretary Robert F. Kennedy Jr. delivered a powerful takedown of the fake news narrative surrounding President Trump, exposing the blatant lies and highlighting the administration’s groundbreaking success in driving down prescription drug costs—a move that puts American families first and crushes Big Pharma’s grip.
Update(1245ET): Some absolutely crazy footage has been emerging Saturday amid Iran's retaliation, following the overnight into early hours US-Israeli strikes on the Islamic Republic.
Among the most shocking: the Palm Jumeirah area has been hit, possibly directly or else by falling missile debris, which is the iconic man-made island in Dubai. Fairmont The Palm hotel on fire, and confirmation: "Dubai authorities confirm that an incident occurred in a building in the Palm Jumeirah area. Emergency response teams were deployed immediately, and the site has been secured. Dubai Civil Defence has confirmed that the resulting fire is now under control," said the Dubai Media Office.
Automatic Identification System (AIS) vessel-tracking data indicate that multiple tankers abruptly reversed course near the entrance to the critical maritime chokepoint of the Strait of Hormuz early Saturday, following the U.S.-Israeli operation (Operation Epic Fury) targeting Islamic Revolutionary Guard Corps command-and-control infrastructure in multiple Iranian cities.
Authored by William Murray via RealClearEnergy,
Most Americans don’t think about electricity until the monthly bill arrives.
It comes once a month, often quietly, but lately it’s landed like a thud. Heating your home now costs hundreds more a month than it did just a few years ago. You use the same appliances. You flip the same switches. Nothing in your daily life has changed – except the price.
OpenAI has closed a new funding round that could total $110 billion, valuing the ChatGPT maker at $730 billion pre-money and potentially putting it on course for an IPO in the second half of the year, according to a new Financial Times report.
"Persons may wish to consider leaving Israel while commercial flights are available," the US State Department announced Friday, signaling that US strikes on Iran could be imminent,.
It provided confirmation the US government has begun evacuating "non-emergency" personnel from the embassy in Israel and their family members, citing "safety risks" amid growing tensions with Iran.
US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)...
The rollercoaster continues: US equity futures are in the red again, trading near session lows, and set to extend Thursday's losses with as stocks underperform after yesterday's spectacular plunge in the momentum trade as NVDA's post record-breaking earnings/guidance plunge spooked markets that nothing is resolved about where AI goes next. As of 8:00am ET, S&P futures were down 0.6%, and set for a monthly loss after a whirlwind February marked by twin fears of a bubble in the AI trade and of the technology’s disruptive power. Nasdaq futures dropped 0.7%. In the latest AI contradiction, CoreWeave plunged 12% after data center operator reported a bigger-than-expected loss and higher capex fueling concern about overspending on infrastructure. But in a mirror image, Dell is 12% higher after its outlook for sales of AI servers exceeded estimates, a sign of robust demand for machines helping fuel the AI data center build-out. 10-year Treasury yields slid below 4%, while the USD is flat. Commodities are mixed, with Energy higher and Metals mixed (Silver outperforming vs Gold flat). Today's macro data focus is on PPI and Construction Spending.
UK Prime Minister Keir Starmer is under pressure to reinvent his ailing Labour government with a leftwards pivot after the Green Party captured one of its House of Commons seats via a special election.
The result underscores the recent fragmentation of UK politics and the disruption of long-held electoral certainties.
It's a disturbing commentary on our times when the concept of men and women being required by law to admit their proper biological sex becomes headline news, but here we are.
For the past decade, transgender ideology (with zero basis in scientific reality) has surged to the forefront of our cultural zeitgeist. Never before in the history of the western world has one tiny minority of people received so much privilege and protection from governments and the corporate establishment. Furthermore, this small group of mentally ill people has triggered a political firestorm that is changing the face of the US.
Authored by Laura Hollis via The Epoch Times,
There’s a revolution brewing across the Big Pond.
The British people were already fed up with the Labour government headed by Prime Minister Keir Starmer. And then the man Starmer appointed to be ambassador to the United States—Peter Mandelson—was exposed as having a deep friendship with sex predator Jeffrey Epstein, even after Epstein was convicted on charges of sex with a minor in 2008. Mandelson is now under investigation for possibly passing sensitive government information to Epstein. Starmer is viewed as being crippled by these revelations and losing support within his own party.
