Archive for the 'Economy' Category
California Lawmakers Introduce The “Stop Nick Shirley Act”
April 14th, 2026Via: ZeroHedge: It would appear that independent journalist Nick Shirley’s expose on medical subsidies fraud in California, largely perpetrated by immigrants, was more devastating to Democrats than anyone could have guessed. After making waves in Minneapolis by revealing rampant daycare fraud run by Somali migrants feeding on millions in government subsidies (and likely funneling some […]
Sanctioned China-Linked Tanker Sails Straight Through Trump’s Strait of Hormuz Blockade
April 14th, 2026Via: Independent: A Chinese-owned oil and chemicals tanker sailed through the Strait of Hormuz on Tuesday in an apparent defiance of Donald Trump’s US blockade. Shipping data showed the Rich Starry passed through the waterway and exited the Gulf on Tuesday, becoming the first vessel to make it through the chokepoint since the blockade began […]
UPDATE: U.S. TO BLOCKADE SHIPS ENTERING OR EXITING IRANIAN PORTS TRUMP: U.S. NAVY CLOSING STRAIT OF HORMUZ, NO SHIPS IN OR OUT
April 12th, 2026
Update: CENTCOM To Blockade Iranian Ports Via: What’s Going on With Shipping?: — Update: U.S. to Blockade Ships Entering or Exiting Iranian Ports According to a U.S. Central Command press release, the blockade affects ships entering or exiting Iranian ports, not all ships entering or exiting the Strait of Hormuz, as Trump indicated earlier today. […]
Two U.S. Warships Sail Through Strait of Hormuz to Establish New Route for Merchant Ships, Clear Mines [???]
April 11th, 2026Via: USNI News: Two Navy guided-missile destroyers entered the Strait of Hormuz on Saturday, the first American warships to transit the strait since the U.S.-Israel offensive in Iran began on Feb. 28. USS Frank E. Petersen (DDG-121) and USS Michael Murphy (DDG-112) operated in the Persian Gulf after transiting the strait as part of the […]
OpenAI Backs Bill That Would Limit Liability for AI-Enabled Mass Deaths or Financial Disasters
April 10th, 2026Via: Wired: OpenAI is throwing its support behind an Illinois state bill that would shield AI labs from liability in cases where AI models are used to cause serious societal harms, such as death or serious injury of 100 or more people or at least $1 billion in property damage.
U.S. Government Spending $88 Billion a Month in Interest on National Debt – Equal to Spending on Defense and Education Combined
April 10th, 2026Via: Fortune: The problem with an increasing debt burden is that it costs more to maintain it: This is precisely the issue with which the U.S. Treasury is wrangling at present. As total U.S. national debt ticks over $39 trillion, the interest payments on that value are eye-watering: $529 billion for the first six months […]
Shipping Through Strait of Hormuz After “Ceasefire”? “There Is No Free Flow”
April 8th, 2026Via: What’s Going on With Shipping?:
Anthropic Mythos
April 8th, 2026Via: Ars Technica: Anthropic has launched a new cybersecurity AI model to a select group of customers, including Amazon, Apple, and Microsoft, days after details about the project were leaked online. Its new model, Claude Mythos Preview, would be available only to vetted organizations, including Broadcom, Cisco, and CrowdStrike, Anthropic said on Tuesday. The company […]
After U.S. – Iran Ceasefire, Massive Israeli Attack Kills Hundreds in Lebanon
April 8th, 2026In other news, Iran blocks ships in the Strait of Hormuz with Lebanon cease-fire demand and $2M toll: Iran is again blocking ships from passing through the Strait of Hormuz just hours after agreeing to reopen the waterway, blaming the reversal on Israel striking Lebanon — despite President Trump making clear Beirut was never part […]
Trump Announces Two-Week Ceasefire as Iran Agrees to Reopen Strait of Hormuz, Allowed to Charge Fees on Ships
April 7th, 2026It looks like Iran is allowed to continue collecting fees on ships passing through the Strait of Hormuz, which is an astonishing development. AP is reporting: The two-week ceasefire plan includes allowing both Iran and Oman to charge fees on ships transiting through the Strait of Hormuz, the narrow mouth of the Persian Gulf, a […]
