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Conor McGregor stands up Stephen A. Smith, ditches ESPN appearance

NY Post
1 month 4 weeks ago
When we contacted the fighter’s team, they offered no explanation for him ghosting Smith.
Oli Coleman

The Giants with the traits John Harbaugh is looking for in a new generation of leaders

NY Post
1 month 4 weeks ago
Considering what a stickler Harbaugh is for getting his program up and running the way he wants it to go, this sounds as if the coach and team are off to a good start.
Paul Schwartz

Deal Doubts Arise As Lebanese, Iranian Officials Say US Must Rein In Israel To Secure Regional Peace

Zero Rss
1 month 4 weeks ago
Deal Doubts Arise As Lebanese, Iranian Officials Say US Must Rein In Israel To Secure Regional Peace

Summary:

  • Iran Says Peace Deal Requires Israeli Withdrawal From Lebanon
  • Hormuz Fears Ease As Trump, Ghalibaf Virtually Sign US-Iran Deal, But Energy Flows Remain Months From Normal

Polymarket:

//--> //--> Israel x Hezbollah permanent peace deal by June 30, 2026?
Yes 26% · No 74%
View full market & trade on Polymarket

Lebanese Parliament Speaker Nabih Berri and his Iranian counterpart, Mohammad Bagher Qalibaf, held a call earlier, urging the U.S. to compel Israel to end its bloody war on Lebanon, stop home demolitions, and withdraw from occupied Lebanese territory, according to Turkey's state-run Anadolu Agency.

Iranian officials earlier said that any agreement with the US aimed at peace requires Israel to withdraw its forces from southern Lebanon. 

AA continued:

The call came during a phone call between Berri and Qalibaf in which they discussed the latest regional developments following a US-Iran agreement to end their war all on fronts, including Lebanon, according to the Lebanese state news agency NNA.

The two officials also reviewed "the military and political developments related to the memorandum of understanding between the US and Iran, particularly the clause concerning ending the Israeli war on Lebanon," the agency said.

They stressed "the need for the United States, the guarantors of the memorandum of understanding and the international community to assume their responsibilities by compelling Israel to end its war, stop demolishing villages, respect Lebanon's sovereignty and immediately withdraw from the territories it has occupied."

Meanwhile, I24NEWS Hebrew reporter Guy Azriel wrote on X, "I can now confirm that Israel formally requested access to the Iran MoU and was denied. A remarkable and highly unusual development between close allies on an issue of such critical national security importance."

I can now confirm that Israel formally requested access to the Iran MoU and was denied. A remarkable and highly unusual development between close allies on an issue of such critical national security importance.

— גיא עזריאל Guy Azriel (@GuyAz) June 16, 2026

President Trump has criticized Israel's handling of its combat operations against Hezbollah as too bloody.

Hormuz Fears Ease As Trump, Ghalibaf Virtually Sign US-Iran Deal, But Energy Flows Remain Months From Normal

President Trump, Vice President JD Vance, and Iran's Parliament Speaker Mohammad Bagher Ghalibaf have virtually signed a peace deal to end the U.S. naval blockade of the Strait of Hormuz, Iranian ports, the general Gulf region, and begin 60 days of nuclear negotiations, according to CNN, citing US senior sources. 

The text of the so-called memorandum of understanding, a 14-point document that should lead to a two-month extension of the ceasefire and the start of negotiations over Iran's nuclear program, has yet to be published.

But Trump stated overnight the deal terms will be released "pretty soon," likely after the formal signing ceremony in Geneva on Friday. Trump, who is attending the G7 club summit in France, suggested that he would not attend the signing event at the end of the week. 

VP Vance is expected to lead the American delegation in Switzerland on Friday to formally sign an interim peace deal with Iranian Parliament Speaker Mohammad Bagher Ghalibaf.

Trump pushed back on MSM reports that his administration is considering a $300 billion fund for Iran as part of an agreement to end the war.

"Iran has agreed to never have a Nuclear Weapon! Also, the story that the U.S. is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats!!!" Trump wrote in a Truth Social post.

Trump's Truth Social comments came shortly after VP Vance, the Iranians "could have access" to a $300 billion reconstruction fund. 

"That's the sort of thing they could have access to, funded by the Gulf Coast coalition, so long as they honor their end of the obligation," Vance told CBS News in an interview. 

The interim peace deal signals a major diplomatic breakthrough, though Israel remains opposed. Prime Minister Benjamin Netanyahu said he and Trump "do not always see eye to eye." Conflict between Israel and Iran-backed Hezbollah continued Monday in southern Lebanon. 

With the Strait of Hormuz set to open on Friday, blockades and the clogged maritime chokepoint could soon be in the rearview mirror, but the effect on physical markets could last for months, if not longer. 

Barclays commodities/energy research analyst Amarpreet Singh maintained his $100/b forecast for Brent this year. 

Singh explained:

  • If the tentative agreement to ease the dual blockade of the Strait of Hormuz is realized, the timing of the restoration of freedom of navigation through the Strait of Hormuz could fall largely in line with our end-June baseline. We maintain our view that Brent should average $100/b in 2026 in that scenario.
  • This marks the 16th week of the Iran war and the first eleven weeks led to a more than 350 mb decline in global total oil inventories. Last week, US commercial total oil inventories were already below the trough of early 2022 and declining at a fast pace.
  • We forecast a small deficit in Q3 26 in our baseline, as the cyclical demand vector is the strongest since 2022. We recommend going long the Dec 26 minus Dec 27 calendar spread in Brent futures, at $4.67/b at the time of writing.

Normalization of physical energy markets could take many months.

He continued:

The US and Iran have reached an agreement to ease restrictions on trade flows through the Middle East Gulf, with formalization expected by Friday. While early indications suggest that freedom of navigation through the Strait of Hormuz could be restored by month‑end, this does not imply an immediate normalization of physical oil supply chains. Despite this, oil prices have moved sharply lower: prompt‑month Brent and WTI are down around 5% on the day, and the forwards‑implied 2026 Brent average has fallen to $86/b, well below our $100/b forecast. We maintain our view. Inventories are already extremely tight and continue to draw, and our balances point to a modest deficit in Q3 2026 – conditions that are inconsistent with the magnitude of the current price pullback.

This marks the 16th week since the Iran war began. We have inventory data for 14 of those weeks, with the latest observation for the week ending 5 June (Figure 1). Adjusting for shipping lags – typically two to three weeks for Middle East Gulf flows based on last year’s trade patterns – and using pre‑pandemic seasonality (2017–19 average), the first 11  weeks of the conflict resulted in a cumulative 352 mb decline in global total oil inventories, based on our weekly global total oil inventory indicator (Figure 2).

Translating the observed ~4.6 mb/d cumulative inventory draw over this period using the historical beta between inventory changes and market imbalance implies an underlying deficit of roughly 7.3 mb/d on a seasonally adjusted basis. This compares with our non‑seasonally adjusted estimated deficit of 6.6 mb/d for Q2 26. Given that Q2 typically runs a small surplus, realized outcomes to date remain broadly consistent with our balance estimates.

A common pushback to our view is that a significant share of recent inventory draws reflects releases from strategic reserves, which would limit price implications (Figure 3). Our response is that, adjusted for long‑term seasonality, US commercial total oil inventories stood 7 mb below the early‑2022 trough as of 5 June and have been declining at a weekly rate of 11 mb over the past four weeks (Figure 4). Even if the Strait normalizes by month‑end, we expect this tightening trend to persist at least through July. Moreover, unlike in 2022, current US SPR releases are structured as loans rather than outright supply additions.

This raises a key question: with commercial inventories entering peak demand season at historically tight levels and the cyclical demand impulse the strongest since 2022, why should prices not be materially higher? Around 60% of oil demand is tied to the production and movement of goods. While a gradual easing toward $80/b Brent by end‑2027 appears plausible, we see near‑term risks to prices as skewed to the upside.

Key overnight developments (courtsey of Bloomberg):

US-Iran Deal Framework

  • The US and Iran are preparing to formally sign their interim peace deal in Switzerland on Friday, with a 14-point memorandum of understanding that should lead to a two-month ceasefire extension and the start of negotiations over Iran's nuclear program
  • The text of the memorandum of understanding has yet to be published, though a senior US official said it's possible that happens in the next two days 
  • Iran claims the lifting of the US naval blockade has begun and entered the implementation phase, according to Deputy Foreign Minister Majid Takht-Ravanchi
  • Iran will allow free Hormuz transit for 60 days under the pact 

Trump Administration Statements 

  • President Trump said the US is dealing with 'rational' people in Iran now and described Iran's current leadership as 'nice' to deal with 
  • Trump stated that Iran will suffer if it tries to attain a nuclear weapon and that Iran will not develop or buy a nuclear weapon 
  • Trump said the deal with Iran can survive if Israel attacks Lebanon, though he is 'not happy with the way Israel has handled themselves with Lebanon and with Hezbollah' 

Israel-Lebanon Tensions

  • Iran's Foreign Minister Abbas Araghchi said the deal ending the war with the US would require Israel to withdraw from Lebanon 
  • Iran's foreign minister said any Israeli forces remaining in southern Lebanon, or any strikes on the country, would constitute a violation of the US-Iran deal 
  • Israeli officials said Monday that troops would stay in Lebanon, as 'Trump's agreement does not bind us' 

Netanyahu Political Impact

  • Benjamin Netanyahu has staked his political future on his relationship with Donald Trump, but that's become a liability now that the US president has cut a deal with Iran that much of Israel opposes •
  • Netanyahu is preparing for an election this fall and must contend with an agreement that will leave the Islamic Republic intact, an unpalatable prospect to Israelis of all stripes 

Strait of Hormuz Reopening 

  • Two Iran-linked tankers are sailing eastward through the Strait of Hormuz ahead of the US and Iran signing an interim peace agreement on Friday that would re-open the waterway 
  • Qatar is planning to rapidly boost LNG production once the Strait of Hormuz reopens, aiming to restore most of its export capacity within two months 
  • QatarEnergy told buyers it expects to raise output to about 50% of capacity a month after safe passage through the strait is restored, and to roughly 80% within two months
Tyler Durden Wed, 06/17/2026 - 06:15
Tyler Durden

‘Widow’s Bay’ Season 1 ended with a wild plot twist

NY Post
1 month 4 weeks ago
"Widow's Bay" starring Matthew Rhys has become the show of the summer — and it's already been picked up for Season 2.
mliss1578

‘Widow’s Bay’ Season 1 ended with a wild plot twist

NY Post
1 month 4 weeks ago
"Widow's Bay" starring Matthew Rhys has become the show of the summer — and it's already been picked up for Season 2.
Lauren Sarner

Moscow Airport billionaire seeks $45M for NYC penthouse amid a massive global selling spree

NY Post
1 month 4 weeks ago
Valery Kogan and his wife Olga are rapidly trying to rid themselves of hundreds of millions of dollars of properties in their portfolio.
Karen Talley

Knicks fan braved 12-hour flight delays, psychotic Spurs fans — but it was worth it to see NY win it all

NY Post
1 month 4 weeks ago
Seeing the New York Knicks become world champions for the first time since 1973 in Texas was easily the most chaotic 24 hours of my life -- and perhaps the best.
Alex Mitchell

Six figure salaries, private jet travel, Louis Vuitton and Cartier gifts — inside the glamorous world of nannying to the 1%

NY Post
1 month 4 weeks ago
A new reality show, 'Million Dollar Nannies,' reveals what it's really like.
Jeanette Settembre

You really need to be thinking more about your skeleton — before it’s too late

NY Post
1 month 4 weeks ago
Building a strong skeleton is important for protecting organs, storing essential minerals and, quite literally, keeping you upright.
Tracy Swartz

Top NY judge hands yet another gift to violent criminals at the expense of law-abiding citizens

NY Post
1 month 4 weeks ago
What an insult to New York's jurists, who overwhelmingly know perfectly well what prison is like.
Post Editorial Board

Glenn Beck claims he got a White House tour so secret Trump made him sign an NDA

NY Post
1 month 4 weeks ago
Blaze Media CEO Glenn Beck told "Pod Force One" that President Trump once made him sign a non-disclosure agreement after giving him a private tour of the Lincoln Bedroom and telling him "some stuff."
Ryan King

20 College Majors Most Exposed To AI Job Disruption

Zero Rss
1 month 4 weeks ago
20 College Majors Most Exposed To AI Job Disruption

The rapid adoption of AI across corporate America is stoking anxiety among recent and upcoming college graduates, many of whom fear that the entry-level white-collar labor market is shrinking just as they prepare to enter the workforce.

Goldman analysts led by Pierfrancesco Mei told clients that early signals are emerging, showing how college students are adapting to AI-driven labor market disruption. Students are shifting away from majors tied to high automation risk and weak job growth, and toward fields where AI and automation are less likely to have an impact.

The labor market for recent college graduates has softened more sharply than that of the broader U.S. workforce ever since OpenAI introduced ChatGPT in November 2022.

Mei examines how college students are adapting as corporate America rapidly adopts AI, creating a job crisis for young adults with college degrees who are already burdened by insurmountable student debt. The slowdown in hiring for entry-level jobs across AI-exposed industries is reshaping the labor market outlook for new graduates, an evolving landscape that the Goldman analyst explores below:

We gauge the exposure to AI-related displacement risk across college majors in two steps.

First, we use American Community Survey (ACS) data to estimate the occupational distribution of recent graduates across more than 180 majors. Specifically, we identify the occupations in which recent graduates aged 21–30 from each major held full-time jobs over 2022–2024—the three most recent years of available ACS data—and calculate each occupation's employment share within that major.[1] Exhibit 2 illustrates this approach, showing the five largest occupations for recent graduates in three popular majors—biology, computer science, and economics—in 2024.

Second, we combine these occupational shares with the AI displacement risk scores developed by our global economics team, which capture the likelihood of displacement from AI automation across more than 300 occupations. For each major, we multiply each occupation's AI displacement risk score by its employment share among recent graduates and sum across occupations to construct a major-level measure of the AI-related displacement risk that graduates face upon entering the workforce.

Exhibit 3 shows the five most and least AI-exposed majors according to our measure. Computer science and statistics majors face the highest displacement risk in their typical destination occupations, while health and education majors face the lowest. The Appendix reports a broader set of majors and their displacement risk scores: majors that feed into professional and business services occupations also exhibit elevated displacement risk, while engineering majors face relatively lower AI exposure

We next assess whether students' major choices are showing early signs of adjustment to AI-related labor market shifts.

To do so, we draw on data from the National Student Clearinghouse's Enrollment Trends Report, which covers enrollment statistics for over 95% of US degree-granting institutions. Compiled directly from administrative records submitted by university registrars, this report provides early enrollment estimates across detailed major categories through the 2025–26 academic year.

We combine major-level enrollment data for four-year undergraduate programs since 2020 with our AI displacement risk measure. Prior to the 2024–25 academic year, we find no statistically significant relationship between enrollment changes and AI displacement risk. But as Exhibit 4 shows, in 2025–26 enrollment has softened in majors that typically lead to occupations more exposed to AI disruption.

More specifically, the enrollment decline has concentrated in college majors that lead to occupations characterized by both higher AI displacement risk and weaker recent job growth.

As Exhibit 5 shows, enrollment in these majors fell by over 1% on average in 2025–26 relative to the prior academic year, with computer science and computer programming each posting declines of over 10%. By contrast, enrollment rose by about 3% on average in majors linked to occupations with low AI displacement risk and strong recent job growth, most notably in healthcare and engineering.

Our findings are consistent with prior academic research showing that college major choices respond to shifts in labor demand, with students moving toward fields tied to jobs that saw stronger recent employment and wage growth.[4] Historically, such adjustments have taken a few years, reflecting both the time required for students to observe job market outcomes among graduating peers and the difficulty of reversing major choices made in the early college years. But the current adjustment may be unfolding more quickly, given the heightened salience of AI disruption. Recent surveys suggest that concerns about AI's impact on career prospects have become an increasingly prominent factor in students' major decisions.

Most and Least AI-Exposed Jobs  

The AI boom will be unusually difficult for college graduates, but on the opposite end, it could mark boom times for blue-collar roles that do not require four-year degrees, as construction jobs surge by the hundreds of thousands to build out data centers.

Higher education ... 

Students at Amherst College in Massachusetts captured on video simulating s*x acts during an orientation designed to promote "sexual respect."

How is this disgusting performance promoting "respect?"

Is this what "higher education" has become?pic.twitter.com/tsfisoxJQO

— Libs of TikTok (@libsoftiktok) December 12, 2025

Democrats are furious that SpaceX's IPO has minted new millionaires, some of whom do not have college degrees and are welders.

🇺🇸🇲🇽 A man working as a welder at SpaceX for $28 an hour has just become a millionaire.

Juan Hernandez, who came from Mexico, worked in SpaceX at $28 an hour.

SpaceX gave him $10,000 in stock when he went full time in 2015, and he bought more with every paycheck for 10 years. pic.twitter.com/f1Mxmb42K2

— Megatron (@Megatron_ron) June 13, 2026

It's a boon for Main Street and blue-collar workers, rather than purple-haired liberal college elites.

Professional subscribers can read more on AI job loss at our new Marketdesk.ai portal. 

Tyler Durden Wed, 06/17/2026 - 05:45
Tyler Durden

Telegram Founder Warns UK Social Media Ban Is Digital Iceberg About To Sink The Free Internet

Zero Rss
1 month 4 weeks ago
Telegram Founder Warns UK Social Media Ban Is Digital Iceberg About To Sink The Free Internet

Authored by Steve Watson via Modernity,

Telegram founder Pavel Durov told the Freedom Forum audience in Oslo that Western societies have already struck the iceberg and started sinking - yet most citizens remain in their cabins, convinced the ship of personal freedoms is unsinkable.

His remarks arrive precisely as Keir Starmer's government rams through a social media ban for under-16s that functions as the perfect pretext for mandatory digital ID, device-level scanning on every phone, and the practical elimination of anonymous speech online.

The policy is dressed in the familiar language of child protection. In practice it requires every major platform to verify ages with facial scans, passports or credit card data. What starts as a restriction on minors rapidly becomes a national system of internet passports.

Encrypted messaging apps currently sit outside the ban, but the same Online Safety Act framework already contains the levers to demand backdoors later. Tech executives who refuse to turn every smartphone into a government scanner face up to five years in prison.

Durov drew on two decades running major platforms and direct experience with state pressure in Russia, the EU and France. The core message was unmistakable.

"Our ship has already hit the iceberg. We have already started to sink without even realizing it. And I'm talking about the ship of our personal freedoms."

He continued, "Passengers of the Titanic actually didn't want to leave the ship for almost two hours after it hit the iceberg. People thought the Titanic was unsinkable. Lifeboats left half empty."

"Only in the last half an hour people started to panic, but by that time it was already too late. Not enough lifeboats, nowhere to hide, nowhere to run," Durov stressed.

He then turned to concrete examples. In the United Kingdom, thousands of people are arrested each year over social media posts. In Germany, posting something politically incorrect can mean fines or prison time. Durov described how "child protection" rhetoric short-circuits debate.

"Once somebody says child protection, all of a sudden it triggers very ancient, very deep parts of our brain. Who would be against protecting children? It completely bypasses logic. It bypasses debate. It bypasses rationality," he explained.

"All of a sudden, people are ready to give up everything. And authoritarian regimes were able to smuggle all kinds of repressive legislation under the guise of protecting children," he added.

He recounted Russia's failed attempt to ban Telegram. Authorities blocked the app, yet 95 percent of Russian teenagers still used it every month - many via VPNs that exposed them to far more fringe and illegal content than the original platform ever hosted.

The pattern repeats wherever governments claim they must control speech to save the children.

Starmer announced the under-16 social media ban as a way to "give children their childhoods back." The accompanying rules demand age verification across Snapchat, TikTok, YouTube, Instagram, Facebook, X and more.

Additional restrictions hit livestreaming, stranger messaging in games, and impose curfews and scroll limits for under-18s. Regulations are meant to be in force before Christmas 2026, with full enforcement by April 2027.

The machinery does not stop at apps. A parallel device-level system using "nudity detection" and monitoring is already scheduled for rollout by major phone makers this September.

If companies drag their feet, legislation will make client-side scanning mandatory. The phone itself becomes the gatekeeper - before any message is encrypted or sent.

Big Brother Watch put it plainly: this is population-wide ID checks for everyone who wants to use a phone, tablet or laptop. The government that has repeatedly failed to protect children from grooming gangs and ideological capture in schools now positions itself as the only body qualified to decide what counts as safe online."

"Its own evidence review found only a small correlation between social media use and wellbeing - no proven causal harm. That finding has been buried while the infrastructure races forward," the organisation added.

The coercion extends to corporate leadership. Draft rules under the Online Safety Act would impose up to five years in prison on tech executives whose companies refuse to build and deploy scanners that inspect every photo, video and message on user devices before encryption.

Client-side scanning turns personal phones into always-on surveillance endpoints. Privacy advocates note the "child safety" framing masks the broader project: making every smartphone a mandatory informant for the state.

Encrypted messaging services such as Signal remain exempt from the current social media ban. That exemption is fragile. The same Online Safety Act that created the age-verification regime already contains provisions that can later demand access to private communications. Signal has not stayed silent.

The company's leadership has made clear it will not implement dystopian combinations of age verification and content scanning that "will not safeguard children" and "endanger us all."

Recent statements indicate Signal is prepared to stop providing services in the UK rather than compromise the encryption its users rely on.

?BREAKING: The President of the messaging app Signal has threatened to STOP all services in the UK due to government regulations and overreach ?? pic.twitter.com/HSRNlsXAiv

- Tironianae ?? Z. - Ultra Verbum Vincet (@Tironianae) June 16, 2026

BRILLIANT!

The Signal App tell the Starmer Gov't where to go!

& EXPOSES their surveillance agenda in one go! pic.twitter.com/tiZSq0XxQZ

- Jane Rochford Boleyn ?? (@VictoriaHa50399) June 13, 2026

The warnings expose the surveillance agenda hiding behind child-protection language. Once the verification and scanning infrastructure exists, expanding it to messaging apps becomes a regulatory tweak rather than fresh legislation.

YouTube warned that blanket bans simply push young people toward anonymous, less safe corners of the internet and away from curated educational content. Meta argued against forcing users to hand over ID to dozens of separate services and floated the idea of device-level or app-store age checks instead.

These responses reveal both resistance to fragmented compliance and the companies' own interest in centralised systems they can control.

The underlying trend remains the same: the open, pseudonymous internet is being replaced by a permissioned version that requires state-approved identity.

Starmer has been branded authoritarian for good reason. The ban arrives alongside documented overreach: more than 80,000 arrests for social media posts in recent years, selective enforcement that appears to spare ideologically aligned platforms, and a broader project of tying smartphone access to digital ID.

There is a high chance Starmer will be out of office by year's end, replaced by his own party - yet the machinery he is building will outlast him.

Keir Starmer has been branded 'authoritarian' amid his crackdown on social media in the UK.

Starmer is banning under 16's from social media but concerns are growing the law may be used to push for digital ID cards.

He has a 78% chance of being out as PM by the end of the year. pic.twitter.com/fo1JJv7EBe

- Oli London (@OliLondonTV) June 15, 2026

The UK version accelerates a global pattern already visible in Canada, Australia and the EU. Each jurisdiction uses slightly different pretexts while constructing the same core capability: verified digital identity standing between citizens and the open internet.

Once every post, search, message and transaction requires state-linked identity, dissent that was previously difficult to police at scale becomes routine administrative action. An entire generation will grow up treating constant surveillance as normal.

History shows these systems are never limited to their initial stated purpose. The technology now being embedded will serve whatever purpose future governments assign it.

Durov's warning from Oslo remains the clearest summary. The ship has already hit the iceberg. The only question is how many passengers will still be below decks when the water reaches their cabins.

Tyler Durden Wed, 06/17/2026 - 05:00
Tyler Durden

Federal government seeks to halt first US reperations program for black people

NY Post
1 month 4 weeks ago
The program, launched in Evanston, Illinois in 2021, is the first and only one of its kind in the U.S., allotting $20 million to Black residents.
Associated Press

Trump delays Jay Clayton’s nomination for intel director to try to push Congress on voting bill

NY Post
1 month 4 weeks ago
Trump said in a lengthy post on his social media site that he will keep Bill Pulte, a top US housing official, as acting director of national intelligence.
Nicholas McEntyre

JD Vance stunned following ‘The View’, reveals what Joy Behar told him during commercial break

NY Post
1 month 4 weeks ago
"I expected them to be absolutely vicious, and they were only a little bit vicious."
Fox News

Norway’s crown princess undergoes successful lung transplant, palace says

NY Post
1 month 4 weeks ago
Norway's Crown Princess Mette-Marit has undergone a successful lung transplant and ​is recovering from the procedure, the royal household ‌said in a statement on Wednesday.
Reuters

Hundreds of naked cyclists takeover London streets sparking backlash

NY Post
1 month 4 weeks ago
It is a sight that left jaws dropped.
News.com.au

Rolls-Royce Bags Third European SMR Deal While Adding Gas-Cooled Reactor Design

Zero Rss
1 month 4 weeks ago
Rolls-Royce Bags Third European SMR Deal While Adding Gas-Cooled Reactor Design

Rolls-Royce SMR just added its third major European contract. Videberg Kraft, backed by Sweden’s utility Vattenfall, selected the UK design for three units on the west coast, making it Sweden’s first new nuclear plant in more than forty years. 

The multibillion-pound export win, actively supported by UK government trade efforts, lands on top of existing deals in the UK and Czechia and makes Rolls-Royce the only SMR developer with multiple binding commitments across the continent.

We tracked when the UK advanced its own program, Great British Energy – Nuclear signed a contract earlier this year to move forward with initial units at Wylfa in North Wales. CEZ in the Czech Republic had already inked an early works agreement for deployment at Temelin, with plans ultimately targeting up to 3 GW of Rolls-Royce capacity and even taking a 20% stake in the company’s SMR subsidiary.

The Sweden announcement came one day after Rolls-Royce, the UK National Nuclear Laboratory, and Japan’s JAEA signed trilateral memorandums to accelerate High-Temperature Gas-Cooled Reactor (HTGR) technology and the next generation of coated particle fuel that goes with it. 

The program is positioned as complementary to the existing 470 MWe pressurized-water SMR. HTGRs are different reactor technology, different size and power output, but the same modular construction philosophy and supply-chain approach.

The fuel development announcement carries added weight given the UK's history of developing the first generation of advanced, durable nuclear fuel. 

Coated particle fuel, the accident-tolerant form that enables the high-temperature safety case for these gas reactors, traces its conceptual lineage straight back to BISO work done in the UK during the Dragon reactor program in the 1960s. TRISO evolved from those early British coated-particle concepts. 

Rolls-Royce and its partners are now moving to qualify and ultimately manufacture next-generation versions of this fuel form. 

The US connection fits the same pattern. Rolls-Royce is already embedded in BWXT’s Project Pele effort for the Department of Defense, delivering the power conversion module for the mobile microreactor that BWXT is building with TRISO fuel and that targets operation around 2028. 

The growing roadmap and list of projects is great for the company and the rolling press releases, but, similar to most of the other Western reactor developers, the company is lacking with getting nuclear-grade steel in the ground. Site prep work is ongoing in the UK, but given the significant delays with the UK's current larger reactor program, it could still be years before Rolls-Royce reaches criticality on any of their new facilities. 

Tyler Durden Wed, 06/17/2026 - 04:15
Tyler Durden

Judge who had sex in courthouse and attended political event agrees to exit Georgia election case

NY Post
1 month 4 weeks ago
The Justice Department had sued Georgia Secretary of State Brad Raffensperger seeking an unredacted statewide voter list, and Ross was presiding over that case.
Associated Press

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