news

He's close to some important people but he also seems to be all talk sometimes.

I wonder if this is related to whatever gains have been made by the US against Ansarallah's air defense systems that @MarmiteLover123@hexbear.net mentioned. Is KSA allowing the USN to resupply in Jeddah? I was under the impression that the Saudis had been keeping out of this. Maybe this is someone in the Resistance finally designing that the ZCC doesn't get to let the US operate from their territory without a cost (finally).

There's bull market, bear market, and kangaroo market.

This bullshit is earthquake market lmao.

Let the markets burn, and the US Empire squirm as it dies.

After a few good days for "Nothing ever happens" gang, the we're so fucked caucus rises;

*SEMICONDUCTOR, ELECTRONIC TARIFFS WILL COME IN A MONTH OR SO, LUTNICK SAYS

*PHARMACEUTICAL TARIFFS ALSO COMING IN NEXT MONTH OR TWO -LUTNICK

China has officially halted shipments of several rare earth minerals to the US.

Some good news;

TRUMP TARIFF DRAMA DEEPENS AS MUSK PUBLICLY CLASHES WITH ADVISERS, DEFIES CABINET PROTOCOL – POLITICO

Idk what to think but there are some utterly apocalyptic ideas floating from and around the administration and the surrounding hack economist and advisor sphere and they even get credible coverage and op-eds in mainstream financial publications and media in the last weeks. Especialy if things detariorate debt parameter wise , there is a Fed-administration crisis and/or the less insane Miran/Bessent plans A/B dont work or even have time to work. Stuff like the administration trying to unilateraly turn all US government bonds into 100 year bonds or taxing capital flows/capital controls. Can they be that suicidal towards the dollar hegemony?

On a break from the tariffs, it's possible that they are a distraction from war preparations to Iran. The US has mobilized a large number of B2's close to Iran.

https://www.kenklippenstein.com/p/pentagon-prepares-for-trump-to-go - Ken Klippenstein

US airstrikes continue on Yemen for the 28th night in a row, multiple airstrikes on Hodeidah Governorate.

Renewed airstrikes in Sana'a and Hodeidah Governorates.

More airstrikes in Sana'a Governorate targeting mountains and valleys.

Other reliable opposition sources are reporting airstrikes in Ma'rib Governorate, along with videos in Sana'a with the distinct sound of jet engines in the background. Air defences over Sana'a have been suppressed for almost a week now with MQ-9s flying low on video, the MQ-9 that was shot down recently was shot down over Al Jawf.

Warning for potential graphic imagery of casualties during ongoing airstrikes:

Al Masirah TV twitter

Xcancel mirror

Statement from the Yemeni Armed Forces earlier today, targeting the Harry Truman and US warships in the area with cruise missiles and drones. There is another statement coming in 20 minutes time, at 19:50 UTC. The second statement is about launching two long range Yaffa/Sammad-3 drones at Israel. One of these drones fell short in Jordan. Another one was reportedly intercepted over the Dead Sea/al-Bahr al-Mayt. ~~Awaiting translation.~~

Have German Liberals taken ANY meaningful steps against the rise of the AFD or are they still doing the "Trust the Process" bs?

White House says the 10% baseline tariff also applies to Canada & Mexico. It has not said whether that's the effective new rate itself; whether it adds to the 25% fentanyl tariff, making the new rate 35%; or whether it kicks in only if the fentanyl tariff falls away

The Tantrum is in Full Process ! - It is volantile emotional and personal ! I Repeat the Tantrum is in Full unmitigated Process !

tim cook more like tim cooked

Looks like Hex-Atlas (Red-Atlas now?) is getting DeepSeek integrations! Very cool, that will flesh out the non-Western content a lot, I imagine.

That said, when I visited last night it felt like it was under maintenance.

What are the odds that China eventually just halts all exports to the US as retribution for the tariffs? If that happens, what are the subsequent odds that the US starts a war with China? Not feeling too swell about the current state of affairs

For the first time in 27 nights, it seems as if there will be no US air or missile strikes on Yemen. Hopefully this holds, and would be very good news for tonight.

Update: it did not hold, US airstrikes against Yemen continue.

This comes as the USS Carl Vinson Aircraft Carrier and it's Strike Group has entered the area of operations in the Middle East/South West Asia today. The Carl Vinson carries F-35C 5th generation carrier launched stealth fighter jets, in addition to it's F/A-18E/F strike fighters and EA-18G Growler Electronic Warfare (EW) and Suppression of Enemy Air Defense (SEAD) aircraft. This aircraft carrier will likely operate closer to the Persian Gulf, to the east of Yemen. The F-35Cs are a new capabilitiy that the USS Harry Truman does not have or possess.

In addition to this, a squadron of USAF F-15E strike fighters (along with mid air refueling aircraft) have made the trip to Jordan from the UK, to join the F-35As and A-10Cs already there. There are also F-35As in Saudi Arabia, and 6 B-2 Spirit stealth bombers in Diego Garcia. As well as the additional Patriot and THAAD air defence system battalions and batteries that have been transported to the region over the past week. There could also be assets we don't even know about in the region of course, but I won't speculate on that.

In his latest one hour televised speech, Abdulmalik Al-Houthi (the leader of the Ansar Allah/Houthi movement) mentioned the United States 69 times (and before I get trolled, no I'm not joking, that's the actual number). The speech was defiant and mocking of the United States, as expected, but a clear departure to a more aggressive rhetoric and tone, from what I can tell from translations. So the conflict is heating up, despite today's pause. Will a new Ansar Allah air defence system, missile or drone be revealed, as rumoured? No statements from the Yemeni Armed Forces as of yet on this, or the reported failed ballistic missile launches or weapons tests over the past few days (with the wreckage of one on video).

And obviously there's Iran. Can a US and Israeli war with Iran even be avoided at this point, and if so, what does that mean for Iran and Yemen? The negotiations in Oman this Saturday don't look highly promising. Negotiating under the current cold war conditions is almost impossible unless Iran is expected to capitulate on key issues like uranium enrichment levels and nuclear weapons, and potentially the disarmament of Hezbollah and the popular mobilisation forces in Iraq.

https://xcancel.com/Birdyword/status/1909818083964838074

Three profoundly ugly charts - stocks down, yields surging, dollar down. Awful awful awful

Don't worry, Steiner's tariffs will bring it under control.

Stocks down 10%, but treasury yields UP 10%. Market predicting a decline in growth, but interest rates are going up.

Hesgeth announces partnership with Panama to secure canal, 'deter' China.

JDPON Don not living up to our hopes for him.

Did Trumps tariff obsession come from anywhere or did they just restrain him that strongly in his first term

And after all this the bond market is still doing its thing. 10 year yields up again and over 4.3%. Really started to set in on what trade war with China actualy means and the countries/investors remain shaky on if us dept is worth it. Maybe Trump did actualy break something

He's so funny

https://x.com/realDonaldTrump/status/1909258878035828788

Indirect US-Iran negotiations have started in Oman. President Trump is willing to make concessions in order to reach a deal with Iran, per U.S. Officials

Iranian Foreign Minister, Abbas Araqchi, will ONLY discuss the issue of nuclear proliferation – not the ballistic missile program or Iran's support for regional groups. These two additional demands are a no-go for Iran, and the Supreme Leader has not authorized the Foreign Ministry to even discuss them. If the Americans push on either of these two topics, the negotiations are over.

Iranian media report that the first signs of the negotiations in Oman are 'positive'

The indirect talks between Iran and the United States in Oman will 'conclude today' and not extend into tomorrow, and there is currently no truth to a direct meeting between Witkoff and Araqchi

Immediately following the first round of negotiations in Oman, the Iranian Rial rose sharply against the US Dollar, going from 97,000 USD per Toman to 92,900 USD per Toman

'The indirect talks in Oman were constructive and held in a generally positive atmosphere, and they lasted approximately 2.5 hours. U.S. Special Envoy Steve Witkoff and Iranian Foreign Minister Seyyed Abbas Araqchi talked briefly face-to-face in the presence of the Omani Foreign Minister after the end of the first round of negotiations. The talks will continue, and the exact timing and date will be announced in the near future.

We will not allow any country, including the United States, to go too far and impose unrealistic demands upon us. The Qajar and Pahlavi eras are over, and this is the era of the great Islamic Iran, which holds its head high.'

Iranian Foreign Minister, Abbas Araqchi: 'While leaving the negotiations room, we encountered the U.S. Envoy, Steve Witkoff, and exchanged greetings out of courtesy, as is customary in diplomacy. Nothing content-related was said.'

'Today we have come close to a 'basis' on which negotiations can be held – Saturday we will continue, and start the negotiation process, including the timetable'

'The discussions took place in a calm and polite atmosphere, and the American side did not issue any threats'

'Both sides want a deal in the short-term, and not fruitless negotiations that drag on for months or years, but this won't be easy

• Telegram

lmao the fuckin market just shot to the moon, Jesus Christ

I thought I remembered seeing a post claiming that China would stop enforcing US patents in retaliation for the tariffs. Am I dreaming that up or does someone have a source?

What a coward. Take control of the Fed and peg the yields like what Japan does, Don. Then go back to tariffs on all countries based on their trade balance.

Really, Trump got screwed over by fed doing nothing. Someone needs to show that central banks don't have power over treasury.

Funnily enough, Modi did it in 2016 when he had the central bank default on bank notes and all the bureaucrats obeyed even though Central bank was nominally independent. It was a shitty policy (just like tariffs) but it showed the executive, not central bank has the real power.

If any leftist ever takes over the U.S. and bond markets behave like this; be sure to coerce, take over Fed and have them do YCC, or maybe let the yields rise and stop issuing more debt. Bond markets don't have power over the Government not being able to "borrow". True, Trump tariffs would have (and will) hurt Dollar's global standing long term but that's not what happened with the bond yields.

Please come back, xiaohongshu, we miss you

We were talking about basis traders blowing up (run mainly by the big hedge funds) a few weeks ago on Hexbear and Reddit. They are holding more than $1 trillion of financial instruments. Obviously now everyone on social media is bringing it up again, with treasury yields skyrocketing. I think it would be funny seeing the Fed go from "oh shit" to printing $1 trillion for a bailout within a few hours.

This might also be one of the quickest cases of people starting to bring up a problematic financial instrument (and somehow even more useless than the rest) and than that instrument actually blowing up.