In a worst-case scenario, $307 billion could be withdrawn from Gulf banks by local residents, according to S&P Global Ratings. Regional banks have about $312 billion in cash or at central banks to cover such outflows, but may be forced to cash out some investments to maintain liquidity. The ratings ...
Saudi Arabia touts ‘capabilities’ in warning to IranSaudi Arabia touts ‘capabilities’ in warning to Iran
Gulf patience is not unlimited. This was the main takeaway from an overnight press briefing by Saudi Foreign Minister Prince Faisal bin Farhan, after he hosted his counterparts from the Gulf and the wider region in Riyadh. The kingdom was under fire as they met, with the loud booms of ...
Are US and Israel in lockstep in Iran war? Deciphering Trump’s post after gas field attacksAre US and Israel in lockstep in Iran war? Deciphering Trump’s post after gas field attacks
What does Trump’s Truth Social post after gas field attacks tell us about US-Israeli alignment? ...
Bank of England ‘ready to act’ as it warns Iran war ‘shock’ will push up inflationBank of England ‘ready to act’ as it warns Iran war ‘shock’ will push up inflation
Policymakers vote unanimously to hold rates at 3.75% after the Iran war prompts a reversal in the debate over borrowing costs. ...
US messageboard 4Chan mocks £520,000 fine for UK online safety breachesUS messageboard 4Chan mocks £520,000 fine for UK online safety breaches
The fine includes £450,000 for lack of age checks to prevent children from seeing pornography. ...
How Europe sleepwalked into yet another energy crisisHow Europe sleepwalked into yet another energy crisis
It is not the first time that there has been deep energy-linked frustration in the heart of Europe. ...
How the Iran war has left Europe facing yet another energy crisisHow the Iran war has left Europe facing yet another energy crisis
It is not the first time that there has been deep energy-linked frustration in the heart of Europe. ...
US intelligence chief says Iran’s regime ‘intact’ but ‘degraded’US intelligence chief says Iran’s regime ‘intact’ but ‘degraded’
Lawmakers pressed intelligence officials about the Iran war, and if the Islamic Republic had posed an imminent threat. ...
Government Registers Aliens.Gov DomainGovernment Registers Aliens.Gov Domain
The Executive Office of the President registered the domain aliens.gov on Wednesday a little after 6:30 AM according to a bot that monitors federal domains. There’s no associated website just yet, but the registration comes a month after Trump said he would direct the government to release files related to ...
Podcast: The Disappearing DOGE DepositionsPodcast: The Disappearing DOGE Depositions
This week we start with Joseph’s series of articles about the DOGE depositions. He watched hours and hours of them, then a judge ordered them removed from YouTube. But, they’ve already been archived all over the web. After the break, Jason tells us about the AI data labelers who are ...