Zero Rss

Massive Ukrainian Drone Swarm Attack On Moscow Hits Refinery

3 months 2 weeks ago

Massive Ukrainian Drone Swarm Attack On Moscow Hits Refinery

While attention this week has been fixed on the lower part of Eurasia, where the U.S. and Iran have finally signed an interim peace deal to reopen the Strait of Hormuz and begin normalizing tanker flows through the critical waterway, the other major conflict area in Eurasia is flashing new warning signs.

Overnight developments in the Russia-Ukraine war suggest the fighting continues to grind on with no near-term off-ramp, as critical energy infrastructure remains in the crosshairs.

Bloomberg reports that Ukraine launched its largest suicide drone barrage against Moscow to date, including strikes reaching the Moscow Oil Refinery.

The drone swarm attack disrupted operations across the capital on Thursday. All four civilian airports in Moscow suspended flights, Sheremetyevo evacuated passengers to shelters, and local authorities shuttered several major highways.

A major refinery owned by Gazprom Neft was hit again after an earlier strike this week set parts of the facility ablaze.

Footage on X shows the drone swarm attack.

Ukrainian strike on a Russian fuel depot sends a tank airborne from the rooftop blast. pic.twitter.com/z7arERuEJZ

— Open Source Intel (@Osint613) June 18, 2026

Incredible videos coming out of Moscow today.

Wave after wave of Ukrainian suicide drones striking the Moscow Oil Refinery. pic.twitter.com/7KardN2QIx

— Visegrád 24 (@visegrad24) June 18, 2026

HOLY SMOKES! Moscow right now 🔥🔥🔥 pic.twitter.com/Oxz4pLHIwQ

— Kate from Kharkiv (@BohuslavskaKate) June 18, 2026

Russia's Defense Ministry said air defense systems downed 555 Ukrainian drones across 17 regions and occupied Crimea.

Ukrainian forces said they shot down four of seven Russian ballistic missiles and 212 of 239 drones targeting Kyiv, Poltava, Chernihiv, and Sumy.

The escalation by both sides comes as President Trump kicked off the G7 summit in France earlier this week, meeting with Ukrainian President Volodymyr Zelenskyy and other G7 leaders.

"We had a very good meeting," Trump told reporters after the meeting. "Russia should make a deal. Russia has lost tremendous amounts of people and so has Ukraine."

With a temporary peace now holding in the Middle East as U.S. and Iranian negotiators begin nuclear talks, the White House's geopolitical focus may be shifting back toward Eastern Europe.

Tyler Durden Thu, 06/18/2026 - 07:45

Tyler Durden

Trump And Iran Sign MOU Deal Ahead Of Schedule

Zero Rss

3 months 2 weeks ago

Trump And Iran Sign MOU Deal Ahead Of Schedule

Summary:

The US and Iran have remotely signed their memorandum of understanding to end the war and open the Strait of Hormuz ahead of schedule, and the agreement is now in effect, Axios reports.
Trump admits energy stockpiles "run out in about four weeks"
MoU signing could be As Early As Today
Trump Says Will "Drop Bombs" If Bad Final Deal
14-Point US-Iran Draft Deal Released, Set For Friday Signing

Trump Signs Iran Deal Remotely Ahead Of Schedule

Confirming earlier speculation, Axios reports that the U.S. and Iran have remotely signed their memorandum of understanding to end the war and open the Strait of Hormuz, and the agreement is now in effect. The signing - which took place electronically between Trump, Vance and Ghalibaf - reportedly took place at dinner in France alongside President Emmanuel Macron.

The signing was supposed to happen in Switzerland on Friday, but a diplomat from a mediating country and a second source familiar told Axios earlier on Wednesday that there had been discussions about signing and implementing it earlier

The diplomatic source said the discussions around accelerating the timetable were intended to open the strait sooner than Friday, as both parties were in agreement on that issue. Another factor may have been the political pressure on the White House to release the text of the MOU, which it sitll hasn't done officially. The source familiar with the discussions claimed it was Iran that demanded the text not be published until the formal signing, and denied the White House was responding to political pressure.

The only "public release" so far consisted of a senior administration official reading the agreement to reporters in a briefing call on Wednesday, after days of confusion about what was in it.

Ahead of the signing, Iran's foreign ministry said the sides had agreed that the MOU should be signed electronically by both presidents. For Iran, the signing represents a major victory as it now stands to receive billions in unfrozen (and other) funds from the US and Gulf sources.

While it's now just a formality, the meeting between the U.S. and Iranian delegations headed by Vice President Vance and Iranian parliamentary speaker Mohammad-Bagher Ghalibaf is still expected to take place as planned on Friday in Switzerland. They are expected to discuss the launching of negotiations on Iran's nuclear program.

The signing took place after this remarkable press conference earlier in the day in which Trump tried to justify conceding to Iran's terms:

As BBC's Siavash Ardalan writes, Trump's responses to the reporters' questions to justify the agreement with Iran were bizarre and unprecedented in their own way:

They asked him how he could allow $300 billion in investment in Iran. He said, "We've already inflicted $2 trillion in damage on Iran; $300 billion is nothing in comparison."

They asked why he's giving Iran tens of billions of dollars. He said, "If we don't return their own money to them, other countries will be afraid to put their money in our banks, and then the dollar's position will weaken."

They asked why the missile issue isn't in the agreement. He said, "We've already destroyed 85% of their missiles anyway; the rest are buried underground, and besides, we sell air defense systems to the countries in the region so they won't worry about Iran's missiles."

They asked if he's not worried that Iran will say, "We're only producing nuclear energy for civilian purposes." He said, "You can't tell everyone else to produce electricity with nuclear power while only Iran can't."

Finally, he said, "If we continue sanctioning Iran, 91 million Iranians will die of hunger—what's the point of that, really?"

Oh, and he joked that "If [the Iran deal] works out, I'm going to take the credit; if it doesn't work out, I'm blaming [Vance]."

Meanwhile, in the aftermath of the signing, Iranian Foreign Ministry spokesman said Israel's continued attacks on Lebanon would be regarded as a breach of commitments, and adds that the US is responsible to force Israel to abide by the deal; the official also said the 60-day period starts today.

Trump Admits

President Trump's comment at the tail end of the G7 press conference about rapidly depleting crude reserves may have been the clearest admission yet of what is really driving the urgent push for an MoU with Iran to reopen the Strait of Hormuz.

"We run out of reserves in about four weeks," Trump told reporters.

Trump said the world would have run out of oil reserves in 4 weeks, put pressure for a peace agreement.

Says it would have been "bedlam" pic.twitter.com/k45MTI8sNs

— OSINTtechnical (@Osinttechnical) June 17, 2026

View data here.

*Trump Says `We Run Out of Reserves in About Four Weeks'

we know, but maybe not the smartest thing to admit https://t.co/N28eXJih5e

— zerohedge (@zerohedge) June 17, 2026

With global SPRs being aggressively tapped to offset lost Gulf energy production while the Strait of Hormuz remains shuttered, the clock is ticking closer and closer to midnight to fully reopen the waterway to restart the normalization process of tanker transits, which may take months.

The longer Hormuz stays closed, the faster emergency stockpiles are drained, raising the risk of an energy cliff, then a much worse energy shock. That urgency appears to be the real force behind the race to secure an interim agreement with Tehran.

Talk of Accelerated MoU Signing Timeline

Axios reports that US, Iranian, and mediator officials are discussing an accelerated timeline for signing the memorandum of understanding, moving it from Friday to as early as Wednesday, potentially via electronic signature.

Ryan Cohen’s Massive $35 Billion Pay Deal Draws Shareholder Lawsuit

Zero Rss

3 months 2 weeks ago

Ryan Cohen’s Massive $35 Billion Pay Deal Draws Shareholder Lawsuit

A GameStop shareholder has taken the company to court in an effort to delay a July vote on Ryan Cohen's proposed $35 billion pay package, arguing investors aren't getting the full story before being asked to approve it, according to Yahoo Finance.

The lawsuit accuses GameStop's board of repeatedly changing the voting process in ways that could tilt the outcome toward management. Among the disputed changes are whether Cohen can vote his own sizable stake and how non-votes are treated when tallying results.

At the center of the fight is a compensation plan that could make Cohen one of the highest-paid executives in history—assuming GameStop reaches a series of extremely ambitious financial targets. Critics say the bigger issue isn't the payout itself, but the company's shifting explanations of how the vote will work.

The complaint alleges GameStop initially suggested independent shareholders would effectively decide the proposal, only to later adopt a framework that gives insiders far more influence over the result. According to the plaintiff, that could allow the package to pass even if most ordinary investors aren't on board.

The complaint says: "GameStop's audacious attempts to reduce the power of its disinterested shareholders — in contrast to its prior public statements and in disregard of its Certificate of Incorporation — must stop. Cohen may want $35 billion. That does not allow him and his board to disenfranchise stockholders and violate Delaware law along the way."

"I obviously want to build something much larger, but I don't benefit unless shareholders benefit," Cohen had said in a recent CNBC interview.

In other words, shareholders are being asked to sign off on a potentially record-setting payday while still trying to figure out which rules apply—a situation the lawsuit argues is no accident.

Tyler Durden Thu, 06/18/2026 - 06:55

Tyler Durden

ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock

Zero Rss

3 months 2 weeks ago

ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock

By Tsvetana Paraskova of OilPrice.com

Europe will have to contend with the energy price shock for months despite the tentative U.S.-Iran agreement to end the war and reopen the Strait of Hormuz, European Central Bank (ECB) officials said this week.

The ECB last week raised key interest rates for the euro area for the first time since 2023 as the Middle East conflict hiked energy prices that have started to feed into core inflation.

The ECB raised the key interest rate by 25 basis points to 2.25%, its first hike since 2023. Eurozone annual inflation climbed to 3.2% in May, from 3.0% in April, due to the Middle East conflict.

ECB officials are not ruling out further increases in interest rates this year, despite the U.S.-Iran deal, as the energy price shock is expected to linger for months to come.

“Higher energy costs are likely to remain with us longer than many had hoped,” ECB Governing Council member Peter Kazimir said in remarks carried by Bloomberg.

“Even with the just-announced US-Iran peace framework, the damage in the Middle East cannot be undone overnight,” Kazimir added.

The energy price shock has led to European companies raising selling prices and employees and workers asking for higher pay, which would keep inflation rates elevated and well above the ECB’s target of 2%.

Hopes of an imminent reopening of the Strait of Hormuz have eased some of the pressure on the ECB, but the deal hasn’t materially changed the near-term inflation prospects in the Eurozone, according to analysts.

The tentative U.S.-Iran deal doesn’t mean that “pressure to hike has been reduced very significantly,” JP Morgan economist Greg Fuzesi told Bloomberg.

ECB Governing Council member and Governor of the Central Bank of Ireland, Gabriel Makhlouf, said earlier this week, “Let me be clear: an end to the conflict does not necessarily mean an immediate end to the shock.”

“Last week’s rate rise was necessary to prevent temporary energy-driven inflation from becoming embedded in wage and price expectations, reflecting the ECB's primary mandate to maintain price stability across the Eurozone,” Makhlouf added.

Tyler Durden Thu, 06/18/2026 - 06:30

Tyler Durden

Ferrari Reportedly Tells Buyers To Buy Unpopular Luce To Move Up On Wait List

Zero Rss

3 months 2 weeks ago

Ferrari Reportedly Tells Buyers To Buy Unpopular Luce To Move Up On Wait List

Ferrari is reportedly using its first-ever EV, the Luce, a €550,000 model that looks more like a cross between a Tesla and a Kia, as a loyalty test inside its highly coveted allocation system.

Ferrari's allocation system is a notoriously exclusive, invitation-only process managed directly by the factory in Maranello. Rather than using waitlists, Ferrari curates ownership by evaluating a buyer's loyalty to the brand, requiring customers to build a multi-million-dollar history of ownership, participate in factory events, and retain cars in order to qualify to buy hypercars right off the production line.

Bloomberg sources say Ferrari is dangling the Luce to buyers in its allocation program, not only to offload the widely unpopular EV but also to give clients a path to move up in the allocation system.

"It is like a restaurant where it is impossible to get a table," Max Girardo, founder of collector-car advisory firm Girardo & Co. and a former RM Sotheby's auctioneer and motor-car specialist, told the outlet in an interview.

Girardo noted, "If you go every week, eventually they find you one. With Ferrari, the more you buy, the more you are treated as an important client."

Here's more detail on what Ferrari is telling clients in their allocation system:

Bloomberg spoke with more than half a dozen investors and collectors from Italy to China to gather details about how Ferrari communicated with clients following the Luce’s presentation.

One buyer said Ferrari made clear to him that taking the car mattered if he wanted to keep his place among top clients.

Another collector said the company is signaling to many clients, especially potential new buyers, that access to a future one-off model may first depend on buying the Luce or cheaper entry-level models.

Ferrari has long preserved its pricing power by intentionally keeping production below market demand, with output capped at roughly 14,000 vehicles last year. That scarcity drives the brand's exclusivity and fuels its coveted allocation system.

The Luce will likely still be purchased by clients looking to leapfrog in the allocation system, especially if it helps secure access to more desirable future releases.

Related:

Ferrari Vs Tesla: $640K Luce EV Loses Key Speed And Range Battles To Model S Plaid

Our view is that the Luce risks becoming a modern repeat of the Mondial, the less-loved Ferrari produced in the 1980s and early 1990s that has been shunned by collectors.

Tyler Durden Thu, 06/18/2026 - 05:45

Tyler Durden

Too Young For TikTok, Old Enough To Vote?

Zero Rss

3 months 2 weeks ago

Too Young For TikTok, Old Enough To Vote?

Authored by Clive Pinder via DailySceptic.org,

There are few sights more comic than a modern minister pretending to be the stern parent of the nation.

We know the routine. The concerned expression. The voice lowered half an octave. The carefully arranged background of flags, earnest young people and laminated safeguarding jargon. Then comes the announcement. The government is going to protect children online.

At which point every parent in the country is expected to breathe a sigh of relief, put down the gin and thank the Department for Being Sensible on Our Behalf.

This would be comic enough at any time. It is even better when the Government now proposing to supervise teenagers online gives the impression of being unable to supervise itself. Sir Keir Starmer wants to childproof the internet while presiding over a state that cannot produce a defence policy that convinces its own side, let alone our allies or enemies.

Still, never mind the Russian threat. Has anyone thought about Chloe scrolling Instagram?

To be fair, there is a problem. Social media is not exactly a moral health spa. Much of it resembles a Victorian freak show redesigned by behavioural psychologists and funded by advertising executives. It is addictive, vain, cruel, stupid and often deranging. The idea that a 14 year-old girl with a smartphone is simply exercising ‘choice’ while being stalked by an algorithm designed to exploit insecurity is absurd.

So no, this is not a libertarian hymn to TikTok.

The problem is not that politicians worry about the effect of social media on young people. The problem is that they worry about it selectively.

The same political class that increasingly tells us young people must be protected from online manipulation is also very keen to tell us that those same young people are mature enough to vote.

This is where the argument begins to wobble like a drunk on a paddleboard.

Apparently, a teenager may not have the judgement to scroll through Instagram without state supervision, but does have the judgement to help choose the next government.

This is not a principle. It is a convenience.

Defenders of the idea will say social media and voting are entirely different activities. One involves psychological harm. The other involves civic empowerment.

Up to a point. But both depend on the same basic faculties. Judgement, emotional maturity, resistance to manipulation, the ability to process information and some capacity to distinguish truth from nonsense.

These are precisely the faculties politicians tell us young people lack when the topic is social media. Yet they mysteriously reappear when the topic is extending the franchise.

If a 16 year-old is too impressionable to cope with Andrew Tate videos, dieting influencers or Chinese-owned dopamine dispensers, why is he or she suddenly immune to political propaganda?

Modern electioneering is not a seminar in constitutional philosophy. It is organised emotional manipulation. It uses fear, flattery, identity, resentment, slogans and carefully tested nonsense. It promises free things that are not free. It manufactures panic. It tells voters that unless they vote correctly, the planet will boil, fascism will return, public services will collapse and everyone decent will suffer.

But this, apparently, is citizenship.

The difference is not that social media manipulates while politics enlightens. The difference is that one form of manipulation sits outside the control of approved institutions. The other benefits them.

That is the real story.

The modern state has developed an elastic theory of childhood. Young people are treated as children when the state wants more power over families, technology, schools or speech. They are treated as adults when the state wants their votes, their assent or their moral authority.

Too young to smoke. Too young to drink. Too young to rent a car. Too young, increasingly, to open an app without the digital equivalent of a permission slip.

Yet old enough to help determine who runs the country.

Parents have been quietly demoted in this arrangement. A mother and father may apparently lack the wisdom to decide how their child uses a phone. Yet that same child, guided by teachers, activists, celebrities and taxpayer-funded campaigns, is expected to make profound democratic choices.

The absurdity is not hard to spot. It merely requires the increasingly unfashionable skill of noticing.

This is not an argument that teenagers are stupid. Many are thoughtful, curious and better informed than adults who spend their evenings shouting at the television. Nor is it an argument that all social media regulation is wrong. Some of it may be necessary, particularly where very young children are concerned.

It is an argument for coherence.

Parliament cannot say young people need protection from algorithms then invite them to swim in the sewage works of political campaigning and call it citizenship.

It cannot claim to defend autonomy while constantly transferring authority from families to bureaucracies.

This is the contradiction at the heart modern government. It does not want young people to grow up. It wants them managed, mobilised and morally useful.

So by all means let us have a serious debate about children, screens and harm. Let us talk about addiction, anxiety, pornography, bullying, parental responsibility and the tech companies that have turned childhood attention into a commodity.

But let us also drop the pretence.

A government that does not trust teenagers or their parents to navigate social media cannot then turn around and declare those same teenagers mature enough to help govern the nation.

That is not democracy.

It is babysitting with a ballot box.

Tyler Durden Thu, 06/18/2026 - 05:00

Tyler Durden

Barnacle Scrapers Cash In As Persian Gulf Shipping Bottleneck Eases

Zero Rss

3 months 2 weeks ago

Barnacle Scrapers Cash In As Persian Gulf Shipping Bottleneck Eases

Demand for commercial divers who clean ship hulls has surged as vessels stranded in the Persian Gulf prepare to leave following a tentative US-Iran peace agreement reopening the Strait of Hormuz, according to Bloomberg.

According to Captain Manandeep Singh Kukreja of Prominence Shipping Services, requests for hull-cleaning crews have increased more than 30-fold since the announcement. Fees for cleaning a single vessel could rise up to 60%, from about $5,000 to $8,000.

Bloomberg reports that around 600 ships remain stuck in the Gulf after more than three months of disruption. Many have accumulated algae, slime, and barnacles, which can prevent entry into ports due to invasive-species concerns.

“The next 30 days, it’s going to be like striking gold for diving companies,” Kukreja said. “Everyone wants to get out of Hormuz and get back to earning money.”

“They’re going to make the best out of this opportunity. It’s a no-brainer that they will hike their prices.”

Cleaning needs vary by vessel. Some ships require only light slime removal, while others need extensive barnacle scraping after months in the warm Gulf waters.

The surge in demand for hull-cleaning crews reflects the broader disruption caused by months of conflict around the Strait of Hormuz, one of the world's most important energy chokepoints.

Since fighting erupted in late February, hundreds of vessels have been stranded in the Persian Gulf, disrupting oil shipments, driving up shipping and insurance costs, and creating the largest interruption to global energy flows in decades. As a tentative peace deal raises hopes that traffic can resume, shipowners are racing to prepare vessels for departure, underscoring the scale of the operational and financial fallout from more than three months of turmoil in the region.

Tyler Durden Thu, 06/18/2026 - 04:15

Tyler Durden

Iran 'MOU' Deal Triggers Traders To Use 'Semis-Energy' Barbell As 'Source Of Funds'

Zero Rss

3 months 2 weeks ago

Iran 'MOU' Deal Triggers Traders To Use 'Semis-Energy' Barbell As 'Source Of Funds'

Via Remix News,

Sweden has passed a new migration law that will allow residence permits to be refused or revoked if foreign nationals are deemed not to have lived in an orderly manner, marking another major tightening of the country’s immigration system.

The Swedish Parliament adopted the government’s amendments to existing immigration laws on Monday by 302 votes to 44, with the Left Party and the Green Party voting against the measure. The changes will mainly come into force next month.

Under the new rules, a foreign national’s conduct will carry greater weight when authorities decide whether to grant, extend, or revoke a residence permit. The law does not set out an exhaustive list of behaviors that will be treated as unacceptable, leaving the Migration Agency to assess cases individually. It means that an immigrant who may not hold a criminal record but has acted in a disorderly manner in other ways could be told to leave.

Decisions can be appealed to a migration court.

Government representatives and investigators have cited several examples of conduct that may count against an applicant, including failing to follow Swedish laws and regulations, ignoring decisions by public authorities, systematically avoiding debts or fines, working illegally, failing to pay taxes, criminality, and links to extremist organizations.

Migration Minister Johan Forssell defended the proposal when it was presented in March, saying Sweden should demand more from those seeking to remain in the country.

“Anyone who doesn’t make the effort to do the right thing shouldn’t be able to count on staying,” Forssell said.

The measure forms part of a broader shift in Swedish migration policy under the current government, which has moved to make residence, citizenship and asylum rules more restrictive.

Earlier this month, Parliament also approved the removal of permanent residence permits for several asylum-related categories, including people granted protection, long-term residents in Sweden, and their family members.

Sverigedemokraterna levererar på våra vallöften! I dag har riksdagen röstat ja till dubbla straff för gängkriminella, ett återinfört tjänstemannaansvar och vandelskrav för uppehållstillstånd. 🇸🇪 pic.twitter.com/MNxX5n4Tf9

— Sverigedemokraterna (@sdriks) June 15, 2026

Hailing the move, the right-wing Sweden Democrats wrote on X, “The Sweden Democrats are delivering on our election promises! Today, the Swedish parliament voted yes to double penalties for gang criminals, the reintroduction of official liability, and character requirements for residence permits.”

While the party is not in government, it props up the current administration on the proviso that restrictive immigration reforms continue to be implemented.

Earlier this year, Sweden also passed a strengthened return package giving police and migration authorities more tools to enforce deportation decisions. Several public authorities will be required to share information with police if they suspect a foreign national has no right to remain in the country. The package also expands the use of fingerprints, photographs, and checks of mobile phones in migration cases.

Other recent changes include stricter work-permit rules, including a salary threshold of at least 90 percent of the Swedish median salary for most applicants, and tougher citizenship rules.

The ordinary residence requirement for citizenship recently rose from five to eight years, alongside tougher requirements on self-sufficiency, conduct and knowledge of the Swedish language and society.

The government also increased voluntary repatriation grants at the start of the year, allowing eligible adults with protection-related residence permits to receive up to 350,000 Swedish kronor if they return permanently to their country of origin.

Read more here...

Tyler Durden Thu, 06/18/2026 - 03:30

Tyler Durden

Poland Moves To Tax Fuel Windfalls Earned During Iran War

Zero Rss

3 months 2 weeks ago

Poland Moves To Tax Fuel Windfalls Earned During Iran War

Authored by Michael Kern via OilPrice.com,

Poland's government has approved a one-off windfall tax on fuel companies that benefited from soaring energy prices during the U.S.-Iran-Israel war, seeking to recover part of the billions spent protecting consumers from higher fuel costs.

The proposed levy would impose a 60% tax on excess profits generated between March and December 2026, during the closure of the Strait of Hormuz. The Polish Finance Ministry estimates the measure will raise around 4 billion zloty $1.1 billion.

Under the proposal, excess profits would be calculated using fuel sales margins that exceed a company's average 2025 margin by more than 20%, reflecting profits from an extraordinary geopolitical supply shock instead of improved business performance.

"Exceptional economic and geopolitical conditions" created unusually high profits across parts of the fuel sector while imposing significant costs on the state budget, the Finance Ministry said in a statement carried by Polish news outlets.

State-controlled energy giant Orlen is expected to bear the largest share of the tax burden, accounting for roughly 60% of the projected tax base according to the government's impact assessment.

The proposal follows months of emergency measures introduced by Warsaw to shield households and businesses from soaring fuel prices. Poland temporarily reduced VAT and excise duties on fuels and imposed price controls designed to ensure consumers benefited from the tax cuts. According to government estimates, the fuel excise reduction and reduced VAT collections cost Poland around $435 million a month.

The measure still faces political hurdles, though. Tusk's coalition controls parliament; however, the legislation must also be signed by President Karol Nawrocki, an opposition ally who has repeatedly blocked government fiscal initiatives.

The government initially proposed a 75% windfall tax before reducing the rate to 60% following consultations with industry groups, which warned that the original proposal would have pushed the effective tax burden on some companies to nearly 94%.

Tyler Durden Thu, 06/18/2026 - 02:45

Tyler Durden

Germany's Anti-immigration AfD Party Jumps To Record 9-Point Lead Over CDU In Latest Poll

Zero Rss

3 months 2 weeks ago

Germany's Anti-immigration AfD Party Jumps To Record 9-Point Lead Over CDU In Latest Poll

Via Remix News,

The Alternative for Germany (AfD) continues to run away from its main rival, the Christian Democratic Union (CDU) and its sister party, the Christian Socialist Union (CSU) in a new poll, which shows the AfD nine points ahead.

The AfD achieved a new record in the current YouGov poll, reaching 29 percent, while the CDU/CSU and SPD have hit all-time lows. The results are expected to pile on the pressure on a governing coalition the German public increasingly despises.

In the YouGov poll, CDU/CSU achieves 20 percent of the vote and SPD earns 12 percent. The Union parties have never been worse in a YouGov poll.

BUNDESTAGSWAHL | Sonntagsfrage YouGov

AfD: 29% (+1)
Union: 20% (-2)
GRÜNE: 14% (+1)
SPD: 12% (-1)
LINKE: 12% (+1)
FDP: 5% (+1)
BSW: 4%
Sonstige: 5%

Änderungen zur letzten Umfrage vom 12. Mai 2026

Verlauf: https://t.co/f9MV7iZ8iJ #btw29 pic.twitter.com/yO2VS2jJn5

— Deutschland Wählt (@Wahlen_DE) June 16, 2026

However, the Greens at 14 percent and the Left Party at 12 percent are making slight gains.

The FDP is also gaining ground, reaching 5 percent for the first time in a year and a half after a new chairman was elected, Wolfgang Kubicki.

The results for the CDU in particular are bound to spark further turmoil in the party, with some members perhaps even eyeing a future coalition with the AfD, a move that has been soundly rejected by CDU leadership. In particular, Chancellor Friedrich Merz has vowed to never work with the party.

The conundrum for the CDU remains that the party is forced to build coalitions with predominately left-wing parties like the Greens, the SPD, and even the Left Party, through its firewall against the AfD. The resulting politics have left CDU voters increasingly unhappy with the results, but remarkably, about half of CDU voters also reject a coalition with the AfD.

Majority of Germans reject politicizing the World Cup

YouGov also found that a majority of Germans do not want the World Cup politicized. The German national team has a history of taking a “woke” stance in the last two World Cups, but the German team was eventually humiliated in each tournament, failing to advance past the preliminary round in both World Cups.

However, Germans soundly reject politics in football, with 65 percent of respondents saying they want the World Cup and politics to be strictly separated. AfD voters (82 percent) and CDU/CSU voters (74 percent) are especially in favor of this position. More than half of SPD voters at 55 percent also share this view.

However, those on the more extreme left, back politics in football, like the Left Party (41 percent) and the Greens (34 percent).

Read more here...

Tyler Durden Thu, 06/18/2026 - 02:00

Tyler Durden

America At 250: Survey Finds Enduring Patriotism, Growing Anxiety

Zero Rss

3 months 2 weeks ago

America At 250: Survey Finds Enduring Patriotism, Growing Anxiety

Authored by Karlyn Bowman and Nicole Penn via RealClearPolitics,

As we approach the nation's semiquincentennial celebrations, the American Enterprise Institute released a new public opinion survey exploring Americans' views about the nation's past and present. The survey is part of AEI's America at 250 initiative, and it expands on a survey conducted 30 years ago by the Public Agenda Foundation in NYC.

Americans continue to endorse many of the ideals the founders championed, and they worry about their erosion. Nearly eight in 10 believe Americans take their freedoms for granted, while only 19% say Americans appreciate the freedom we have.

More than two-thirds of Americans believe that society has to teach kids what it means to be an American, while three in 10, 31%, believe this is something that happens naturally as they grow up. Three-quarters think high school students should be required to study the Declaration of Independence this year as part of the nation's 250th anniversary, including 61% of Gen Z-ers. Twenty-nine percent nationally say they have read the Declaration in full, while 45% have read it in part. Slightly more than a quarter, 26%, say they have not read the document. Still, 85% said they could give a good answer to what the 4th of July holiday actually celebrates, while 13% said they would be more comfortable looking it up.

Americans don't want to gloss over their history, and 65% said it was important to have public discussions of the nation's historical failures and flaws. In another question, 90% said it was very or somewhat important for high school students to learn how slavery and racial discrimination shaped the country. Forty-two percent said the public schools these days do not pay enough attention to the harm done to African Americans in U.S. history. Still, 75% in another question agreed with the statement "America is not perfect, but the country's leaders have worked hard to make it better." To this group of Americans, it was important to teach the country's failures and flaws but also its successes and strengths.

The survey revealed some significant gaps between members of the Gen Z cohort and baby boomers. Thirty percent of the Gen Z-ers strongly agreed that the Founding Fathers deserved respect for how they created the country compared to 60% of baby boomers. Two-thirds of Gen Z compared to 89% of boomers said they were very or somewhat proud to be an American. There were also big gaps between the parents surveyed in 1998 and parents today. Parents today are less likely to see the country and its history positively and also less likely to insist that schools teach positive claims about it.

Karlyn Bowman is a senior fellow emeritus at the American Enterprise Institute where she studies public opinion.

Nicole Penn is the assistant director of AEI’s Social, Cultural, and Constitutional Studies department.

Tyler Durden Wed, 06/17/2026 - 23:25

Tyler Durden

China's Alibaba Unveils AI Brains Designed To Power The Next Generation Of Robots

Zero Rss

3 months 2 weeks ago

China's Alibaba Unveils AI Brains Designed To Power The Next Generation Of Robots

Authored by Jijo Malayil via Interesting Engineering,

Chinese firm Alibaba has launched its first embodied AI model family, which links large language models with real-world robotic actions.

The Qwen-Robot suite includes three distinct models, each targeting a different layer of physical intelligence.Unitree/YouTube

The Qwen-Robot suite was developed by Alibaba's Tongyi Lab and is undergoing pilot testing with selected Alibaba Cloud enterprise clients.

The suite comprises three models focused on navigation, manipulation, and world modeling for robots operating in physical environments.

Alibaba said the models enable machines to perceive, reason, and interact with the real world, joining a growing global push to advance embodied AI beyond traditional chatbot applications.

Robots meet reasoning

Alibaba says its Qwen family of AI models has become very good at understanding the physical world. These models can recognize objects, understand spatial relationships, follow complex visual instructions, and reason about real-world environments. For example, a model can understand a command such as, "Go to the kitchen, find the red cup, pick it up, and place it on the shelf."

However, understanding a task is different from actually performing it. While a vision-language model (VLM) can describe the steps needed to complete a task, it cannot directly control a robot's movements.

The challenge is connecting human language and visual understanding with the motor actions required to interact with the physical world.

This problem is difficult because robot training data is very different from internet data. Information collected from navigation systems, robotic arms, vehicles, and cameras comes in different formats and is expensive to gather. Simply combining all this data often creates conflicts rather than improving performance.

To address this, Alibaba developed the Qwen-Robot Suite, which includes three specialized models. Qwen-RobotNav focuses on movement and navigation. It helps robots follow instructions, navigate to locations, track targets, and support autonomous driving.

According to its website, Qwen-RobotManip focuses on physical interaction. It enables robots to grasp, move, and manipulate objects using a large training dataset collected from different robotic systems. Qwen-RobotWorld acts as a world model, predicting how environments may change and helping robots understand the likely outcomes of their actions.

Together, these models aim to enable robots to understand instructions, interact with objects, navigate environments, and make decisions in the real world.

Physical AI accelerates

Alibaba showcased Qwen-RobotNav on a Unitree Go2 quadruped powered by NVIDIA Jetson Thor hardware and a single low-resolution camera. The robot successfully navigated an unfamiliar apartment, following spoken instructions across multiple rooms without preloaded maps, while maintaining an inference latency of 196 milliseconds.

The company claims that Qwen-RobotManip, its robotic manipulation model, was trained on more than 38,000 hours of open-source data covering object handling and interaction tasks. According to Alibaba, the model recently achieved the highest score in the generalist category of the RoboChallenge real-world robotics benchmark, earning a process score of 59.83 and a task success rate of 45 percent.

The company also unveiled Qwen-RobotClaw, a robotics agent framework that enables Qwen models to use the Qwen-Robot suite as physical-world tools. In one demonstration, an agent searched for a restroom, identified an out-of-order sign, and independently rerouted to another location. Alibaba further open-sourced Chat2Robot, a browser-based platform for testing embodied AI interactions.

As competition in embodied AI intensifies worldwide, Alibaba has expanded its ambitions beyond language and multimodal software with the launch of its Qwen-Robot models. The move reflects a broader industry shift toward creating AI systems capable of understanding and interacting with the physical world.

Alibaba's move comes as competition in physical AI accelerates globally. In the US, Google DeepMind is advancing Gemini Robotics, while Nvidia is expanding its robotics ecosystem through Cosmos, Isaac, and GR00T. Start-ups, including Physical Intelligence, Skild AI, and Figure AI, are also developing general-purpose robotic intelligence, according to the South China Morning Post.

China is strengthening its position by pairing its manufacturing advantages with growing investments in AI software for autonomous decision-making. The sector now spans AI developers, robotics firms, and EV makers. Companies such as Alibaba, Tencent, Unitree, AgiBot, UBTech, Galbot, Spirit AI, GigaAI, Xpeng, and Xiaomi are actively pursuing embodied AI technologies.

Tyler Durden Wed, 06/17/2026 - 23:00

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Drug Czar On How She Is Taking On The Cartels And China

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3 months 2 weeks ago

Drug Czar On How She Is Taking On The Cartels And China

Authored by Darlene McCormick Sanchez via The Epoch Times,

The dim tunnel passage hugs narrow, winding concrete steps that lead 55 feet down, with a ceiling no higher than 4 1/2 feet, making it a claustrophobe's nightmare.

The underground passage stretching from Tijuana, Mexico, to a warehouse in California near the Otay Mesa Port of Entry known as "Buy 4 Less" is about 2,000 feet long and features reinforced walls, rail, ventilation, and electrical systems.

Sara Carter, director of the Office of National Drug Control Policy, at her office in Washington on June 8, 2026. Carter was sworn in to the role in January. Her office coordinates anti-narcotics policy for 19 federal agencies. Madalina Kilroy/The Epoch Times

The U.S. Attorney's Office for the Southern District of California said on June 1 that the tunnel had been discovered during a Homeland Security investigation involving a suspected drug smuggling operation.

Four people were charged with conspiring to distribute more than a ton of cocaine worth $45 million. Authorities said the discovery dealt a blow to the Jalisco New Generation cartel.

"Hundreds of millions of dollars of narcotics have probably made their way through this tunnel. Imagine the national security implications of that," drug czar Sara Carter told host Jan Jekielek on a recent episode of EpochTV's "American Thought Leaders."

Power Play

Carter said federal agencies have been turning to technology to help combat cartels, although she couldn't disclose details. She said the cartels' use of tunnels to transport illicit drugs shows that they are feeling U.S. pressure along the border.

"They're having a much harder time getting their product across the border because we've shut it down," she said.

Carter attributes it to the Trump administration's whole-of-government approach to stop the flow of illicit drugs into the country, at the border and beyond.

Carter was sworn in this January as the director of the Office of National Drug Control Policy, which coordinates anti-narcotics policy for 19 federal agencies. The office leads the Trump administration's effort to reduce illicit drug manufacturing, trafficking, drug use, and overdose deaths.

"Our Homeland Security task forces, now under President Trump, have the capability ... to do what's needed to cut off the heads of the snake," she said.

Carter attributed President Donald Trump's efforts to close the border to illegal immigrants and designate cartels as foreign terrorist organizations as significant factors in reducing the flow of drugs across the border, and ultimately driving overdose deaths.

Yet Carter said the cartels aren't the only problem fueling drug use in the United States - adversarial nationals are also part of the problem.

"We have adversaries that have contaminated our supply chain. We have cartels that couldn't care less," she said.

Carter acknowledged the Chinese Communist Party's involvement in the precursor chemicals to make fentanyl distributed by the cartels.

"It is unrestricted warfare," she said.

"I have already spoken with Chinese counterparts about this. I have made it very clear that we understand, and we know where these precursor chemicals are coming from, and that it will not be tolerated."

Carter said China has been put on notice to disclose such chemicals in shipments coming into the United States. Likewise, she has been talking to Mexican officials about safeguarding their own ports against the importation of illicit drugs.

At U.S. ports, the government is also working to hold private industry accountable. If cargo ships are caught with precursor chemicals, then the federal government will hold them accountable, she said.

"We're looking at all kinds of new technology, technology that was unheard of in the past," she said. "How can we implement this technology to ensure that the cargo that is coming in is clean?"

Cooperation Through Strength

Carter said that countries understand that Trump is willing to wield U.S. power to stop the drug trade, putting nations on notice around the world.

Trump's military operation in Venezuela resulted in the arrest of former Venezuelan leader Nicolas Maduro, who had a $50 million bounty on his head as the alleged leader of the De Los Soles cartel, which was designated as a foreign terrorist organization.

"One of the best operations I've ever seen conducted," Carter said. "We have done what we said we were going to do. There were no more games."

She also said that the amount of cocaine and other drugs flowing from Venezuela has dropped since Maduro's capture.

Trump's projection of strength has led to unprecedented cooperation from both Mexico and China, she said.

One example is a February operation in which the United States provided Mexico with intelligence that they used to take down the Jalisco New Generation cartel's kingpin, Nemesio Oseguera Cervantes, known as "El Mencho."

Mexican officials cooperated with the United States, sending in the Mexican National Guard and special forces to confront the cartel's leader, Carter said.

"We said, 'Look, here's the information, go get them,' and they did, and we'd never seen that before, not like that, not in that same way, not with that cooperation," she said.

Likewise, China's Ministry of Public Security has been uncharacteristically cooperative, she said. FBI Director Kash Patel traveled to China in November 2025 to meet with his counterpart to discuss stopping the flow of fentanyl precursor chemicals.

During Patel's visit, the Chinese regime agreed on a plan to stop fentanyl-related chemicals as part of its deal with the Trump administration to crack down on the lethal synthetic opioid.

Two milligrams of fentanyl - the size of a few grains of salt - can be fatal. The drug has killed hundreds of thousands of Americans.

'Don't Give Up'

Overdose deaths have been decreasing, but Carter said there are still far too many.

She said 68,000 people died from drug overdoses in 2025, down from a high of 112,000 in 2023. Some have attributed that decrease to a reduction in the amount of fentanyl found in street drugs.

Carter said she does not consider it an overdose when a person orders what he believes to be Adderall online and then dies because the pills are laced with fentanyl.

"This is unacceptable. This is the United States of America," she said.

Members of Congress look on as President Donald Trump signs the Secure America Act in the Oval Office in Washington on June 10, 2026. The $70 billion package funds Border Patrol and Immigration and Customs Enforcement (ICE) operations through the end of Trump’s term in office in fiscal year 2029. Alex Wong/Getty Images Tyler Durden Wed, 06/17/2026 - 22:35

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Welcome To Baltimore: Chaos, Gunfire, And Roaming Youth Mobs Transform Bar District Into Warzone

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3 months 2 weeks ago

Welcome To Baltimore: Chaos, Gunfire, And Roaming Youth Mobs Transform Bar District Into Warzone

One of Baltimore City's premier bar and restaurant districts was transformed into a warzone over the weekend, with roaming gangs of underage kids, large unruly crowds, fights, and even a shootout that seemed like a scene from the crime drama The Wire. Urban decay in Baltimore is rampant and is a symptom of failed left-wing leadership, which seems more focused on city-killing progressive politics, DEI, illegal aliens, and climate change than actually providing basic law and order to taxpayers.

Fox Baltimore reports that Fells Point was flooded with hundreds of young people, mostly underage teens, overwhelming parts of the nightlife district known for its local shops, bars, and restaurants.

More from Fells Point:

Imagine wanting to go out for dinner and a few drinks on a Saturday and this is what you walk into 🤦‍♂️

Completely unacceptable pic.twitter.com/cP8lRyezM5

— QE Infinity (@StealthQE4) June 17, 2026

What came next was chaos...

In a video that has been making the rounds on social media, footage shows people running after reportedly hearing gunfire in Fells Point early Saturday morning.

🎥: @lorjuu on Instagram pic.twitter.com/n1sxFiS3SV

— The Baltimore Sun (@baltimoresun) June 17, 2026

The scenes of chaos raise new concerns that the failed left-wing leadership under Mayor Brandon Scott has lost control of the city’s youth. The direct consequence will be that tourists - those still brave enough to visit a city in terminal decline - may abandon plans to come to Fells. This will impact mom-and-pop restaurants.

A large police presence filled Fells Point overnight after hundreds of young people crowded the streets, prompting multiple calls for disorderly conduct and at least one arrest.

STORY: https://t.co/EUHZOFMv1r pic.twitter.com/DoQdQQaifT

— FOX Baltimore (@FOXBaltimore) June 15, 2026

City leaders are unserious.

FOX45 is pressing city leaders on how they plan to address the disorderly crowds in Fells Point seen over the weekend. https://t.co/KdJaF2jx68 pic.twitter.com/7dkBehwcU5

— FOX Baltimore (@FOXBaltimore) June 16, 2026

Lawlessness is nothing new in Baltimore, which continues to suffer a population collapse, now at a 100-year low.

"Exponentially Deteriorating": Baltimore's Lawlessness Spreads Into Suburbs As Democrats Lose Control

As public safety concerns mount, quality of life deteriorates, and taxes remain ungodly high, raising a family in a city controlled by Democrats has become unbearable and dangerous - all the more reason to flee to the county or leave the state entirely for a common-sense red state.

"Marylanders Are Voting With Their Feet": Johns Hopkins Finds Blue State Exodus To Persist For Years

And it gets much worse, well, the local economy is in turmoil:

"Billion-Dollar Ghost Town" Surrounds Under Armor Headquarters
Downtown Baltimore CRE Crash Signals Deeper Fiscal Crisis Ahead
Build It, And They Will Come? Not The Case At Baltimore's Harbor East Luxury Tower

For anyone traveling up or down the I-95 along the East Coast this summer, the Baltimore exit may be one to avoid. The wise move is to keep on driving. And if you want a taste of Baltimore, just re-watch The Wire on a streaming platform from the comfort of your sofa.

Tyler Durden Wed, 06/17/2026 - 22:10

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Majority Of Americans Say It Would Be Good For Society If More People Were Religious: Poll

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3 months 2 weeks ago

Majority Of Americans Say It Would Be Good For Society If More People Were Religious: Poll

Authored by Victoria Friedman via The Epoch Times,

A majority of U.S. adults (65 percent) say they believe that it would be good for society if more Americans were religious, according to a poll by Gallup.

A man prays following an Ash Wednesday Mass at the Cathedral of St. Matthew the Apostle in Washington, on Feb. 22, 2023. Chip Somodevilla/Getty Images

Gallup's Values and Beliefs survey, released on June 16, found a substantial gap between the sexes, with 70 percent of men agreeing that more religiosity would be good for the country, compared with 61 percent of women.

By age grouping, the younger generations were least likely to agree, with less than half (49 percent) of 18- to 34-year-olds saying it would be good if more Americans had a faith, compared with 66 percent of 35- to 54-year-olds and three in four (75 percent) of those aged 55 and over.

In terms of political affiliation, the vast majority of Republicans (94 percent) thought that having more religious people would be better for the United States, followed by independents (59 percent), and Democrats (51 percent).

"Nonreligious people are the only major subgroup that believes increased religiousness would be negative (55 percent) rather than positive (27 percent) for the nation," pollsters said of the findings of their survey, conducted between May 1 and 17.

Proportion Down From 2013

While nearly two-thirds (65 percent) of Americans say that more religiosity would be good for the country, Gallup noted that this proportion is down from the 75 percent of U.S. adults who expressed the same opinion when asked by the polling firm in 2013.

This 10-point shift reflects changes in opinion in most key demographic and political groups, mostly dramatically among women, 18- to 34-year-olds, those with some college, and Democrats - with all those groups shifting opinion by negative 16 points.

The only exceptions were Catholics (up 5 percent), those with no religious affiliation (up 3 percent), and Republicans (also up 3 percent).

The decline mirrors the decrease in religious sentiment across the United States.

According to Gallup findings from March, less than half (47 percent) of Americans say that religion is "very important" in their lives. The reading has been gradually declining from 58 percent in 2012. In 1952, this proportion was 75 percent, and 70 percent in 1965.

Religion Increasing Influence

The latest survey also found that Americans see religion increasing its influence in life in the United States, with 39 percent of U.S. adults saying religion's influence is on the rise. This is among the highest readings in the past two decades, only lower than 41 percent in December 2025 and 40 percent in September 2006.

"The recent increase began after Republican Party victories in the 2024 elections, with the percentage climbing from 20 percent in May 2024 to 35 percent in December of that year," Gallup said.

"The past two readings, from May and December, have been even higher since the GOP has been in office and governing."

Commenting on the findings overall, Gallup said that "while Americans continue to believe a more religious society would serve the U.S. well, fewer hold this view than did in 2013.

"This shift has come as the percentage of Americans who are religious are, by nearly any measure, near historical lows."

Pollsters added that the findings come at a time when the Trump administration "has sought to elevate the role of religion in public life, including by establishing the White House Office of Faith, beginning government meetings with Christian prayers, and encouraging federal workers to express their faith in the workplace."

White House Faith Office

In February 2025, President Donald Trump signed an executive order establishing a White House Faith Office.

The office was tasked with working alongside faith and community leaders to develop policy recommendations for combating faith-based discrimination, strengthening religious liberty, and strengthening families and marriages.

In February of this year, Trump said during the National Prayer Breakfast that there were many signs that faith was returning to the United States.

"Religion is back, now, hotter than ever before," Trump said in his speech at the Washington Hilton on Feb. 5.

"Thankfully, as we gather today, there are many signs that religion is coming back. Now, it's no longer signs.

"It's just coming back; it's coming back so strong. You know, your churches are filling up."

President Donald Trump bows his head during the National Prayer Breakfast at the Washington Hilton in Washington on Feb. 5, 2026. Saul Loeb / AFP via Getty Images Tyler Durden Wed, 06/17/2026 - 21:45

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COVID Origins, Lab-Leak Accountability, And The Next Pandemic Threat

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3 months 2 weeks ago

COVID Origins, Lab-Leak Accountability, And The Next Pandemic Threat

The Hudson Institute hosted Dr. Steven Quay on Monday afternoon for a discussion on COVID-19 origins, during which he presented genetic evidence from his new book, The Code as Witness, arguing that the virus originated through gain-of-function research in a Chinese lab.

Years later, there has still been no accountability for what Quay argues was a Chinese lab leak that killed more than one million Americans and caused U.S. economic damages in excess of $18 trillion. Nor has there been a unified U.S. government consensus on the lab-leak theory, let alone on potential consequences for China or Dr. Anthony Fauci.

In the roughly one-hour discussion, which was opened by Sen. Roger Marshall (R-Kan.), a leading voice for stronger oversight of high-risk biological research, Quay, a Hudson senior fellow, said features encoded in the virus's genetic material point directly to lab manipulation rather than natural zoonosis.

Quay warned that irresponsible and unregulated gain-of-function research is accelerating globally and could produce pathogens far deadlier than the one that caused COVID.

Last week, Outgoing Director of National Intelligence Tulsi Gabbard declassified a set of internal intelligence slides documenting a long-running US program that has funded a global network of biolabs that handle dangerous pathogens - including dozens in Ukraine.

Returning to Quay's discussion at Hudson, he pointed to several genetic features he says are difficult to explain by natural evolution alone, making it impossible. These include the furin cleavage site, the virus's early optimization for human ACE2 receptors, the ORF8 gene, restriction-enzyme patterns, and the rapid D614-to-G614 mutation.

Hudson Senior Fellow David Asher, drawing on decades of national security and intelligence work at the State Department, spoke with Quay about the confluence of the U.S. government and scientists who censored the lab-leak theory.

Asher told Quay that, years after the pandemic, there is still no formal COVID commission that gives the American people a clear understanding of where the virus came from, who should be held responsible, or a unified government consensus on the virus.

The Quay-Asher discussion then shifted to the biosecurity policy. They spoke of the urgent need for accountability, biosafety reform, and risk reduction as gain-of-function research accelerates globally.

Even with no clear federal government consensus on COVID origins, a recent YouGov poll demonstrated sharp partisan divides among the American people: 80% of Republicans and 47% of Democrats say the virus came from a Chinese lab. Meanwhile, 66% of Republicans and 26% of Democrats think it is definitely or probably true that the virus was released on purpose.

The American people demand accountability. It is time for a COVID commission.

Tyler Durden Wed, 06/17/2026 - 21:20

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From Diablo Canyon Closure Fights To Record-Speed Renewals: The Nuclear Reversal

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3 months 2 weeks ago

From Diablo Canyon Closure Fights To Record-Speed Renewals: The Nuclear Reversal

The Nuclear Regulatory Commission (NRC) clocked another subsequent license renewal (SLR) in under 12 months. Southern Nuclear’s application for the two-unit Edwin I. Hatch plant in Georgia cleared the finish line on June 11, extending both boiling water reactors from 60 to 80 years of operation.

Hatch-1 is now licensed through August 2054. Hatch-2 runs through June 2058. That is roughly 1.85 GWe of carbon-free baseload secured into the 2050s. The approval makes Hatch the second and third units to ride the NRC’s new streamlined SLR track that targets decisions in 12 months or less.

Duke Energy’s Robinson Unit 2 in South Carolina was the first, cleared in what staff called the fastest-ever review earlier this spring. St. Lucie Units 1 and 2, run by Florida Power & Light, received their extensions in late April, stretching Unit 1 to March 2056 and Unit 2 to April 2063.

The NRC has moved a noticeable cluster of applications in 2025 and 2026.

Oconee, Summer, Point Beach, Browns Ferry, and Dresden all picked up subsequent renewals last year. When the agency signed off on Diablo Canyon’s extension in April it issued its 100th renewed commercial reactor license.

For years the California plant served as the headline example of the “all plants must close” era. Activists and state policy pushed hard for a 2025 shutdown. After legislative rescue and full federal review, the units now hold approval into the mid-2040s.

The speed of the recent reviews stands out, as historical SLR proceedings averaged roughly two and a half years. But the NRC has now proven that the staff can reach timely calls while keeping strict safety oversight. Nine Mile Point Unit 1 and Cooper already sit in the accelerated pipeline with decisions expected in 2027, and more applications are queued for later this year and 2027.

The practical result is a growing share of the existing fleet now operating under, or heading toward, 80-year licenses. Research inside and outside the NRC is already examining materials performance and aging-management needs for operation beyond 80 years, with some policy signals pointing toward frameworks that could support century-long runs where the data justify it.

Tyler Durden Wed, 06/17/2026 - 20:30

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How Deep Are The Newsoms In It?

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3 months 2 weeks ago

How Deep Are The Newsoms In It?

Authored by Stephen Green via PJMedia.com,

This deep...

It seems impossible — or just too revolting — to keep up with the financial hanky-panky of California Gov. Gavin Newsom and First Partner (gag) Jennifer Siebel Newsom. But thanks to a couple of investigative reporters with stronger stomachs than I have, let's see if I can't put everything you need to know into one easily digestible column.

I love it when other people do my dirty work for me, so let's get started.

"Today, my wife & I joined Donald Trump’s hit list," Newsom practically boasted on Monday.

"He has directed his Department of Justice to investigate us. They have not found a crime — they are simply trying to find one."

Well, let's see what Fox Business anchor Liz MacDonald and my old friend and Red State colleague Jen Van Laar have to say about that.

MacDonald said Tuesday that the DOJ probe "is about California Democrats’ modern-day machine politics," which she described as a "feedback loop of Sacramento-corporate lobbyists-governor/wife nonprofit-behested nonprofit donations-lucrative state contracts-Sacramento."

Don't bother writing all this down — there won't be a quiz at the end of today's column. You're welcome.

"The modern Sacramento machine trades corporate compliance and nonprofit funding/donations for policy access and state business," MacDonald added, and then explained how that grift (allegedly!) worked for the Newsoms:

According to IRS Form 990 disclosures, her nonprofit frequently buys from Siebel Newsom’s for-profit film company—Girls Club Entertainment LLC—writer, producer and director services and the licensing and production rights for her documentaries. Then it sells the docs to the state and public schools.

IRS records show that her nonprofit has paid her Girls Club Entertainment LLC roughly $1.64 million for these production and licensing rights since 2012, which includes a steady annual contracting fee of $150,000 since 2018.

TL;DR: Siebel Newsom produced unwatchable propaganda videos for children, for which Democrat-dominated schools then paid her handsomely. Or as MacDonald summed it up, "Over the past decade, Siebel Newsom has collected over $3.7 million in combined personal salary and LLC payouts funded by the nonprofit."

Then there are behested payments, which MacDonald explained are "a unique mechanism in California politics where an elected official asks a corporation, labor union, or wealthy individual to donate money to a specific charity, nonprofit, or government program." Unlike campaign donations, there are no caps.

As governor, Newsom requested a record $226 million in behested payments in one year.

"Hundreds of thousands of dollars went to the California Partners Project," MacDonald wrote, "a nonprofit founded by his wife."

"Many of the biggest donors were corporate giants (like health insurers and utility companies) actively bidding for lucrative state contracts or fighting state regulations."

One hand washes the other with filthy lucre, if you'll allow me to mix metaphors.

Which brings us to Jen Van Laar, and her hip-deep-in-the-muck wade through the Newsoms' finances, going back years.

Way back in 2021, Jen asked, "Somebody Paid $3.7 Million Cash for CA Gov Newsom's Estate - But Who?" But couldn't come up with any satisfactory answers. That's because the Newsoms alternately claimed that "the Newsoms’ cash was used to purchase the home but was done through an LLC managed by his first cousin," or that "Newsoms obtained a loan… to purchase the home because the sale happened so quickly that they didn’t have time to obtain a mortgage."

Then, California's First Couple played similar LLC games, buying a second home for $9.1 million in ritzy Marin County. "Based on my examination of 15+ yrs of Newsom's financial disclosures, tax returns, and real estate transactions," Jenn explained in March, "they absolutely did not have $9.1M in cash."

Clearly, somebody did.

The shenanigans were so egregious that — no matter what TDS nonsense Newsom's social media team posts on X — the DOJ investigation began under the Biden administration. As I quipped on Instapundit this week, maybe Newsom needs to take a break from social media and lawyer up.

Then there are the real-world effects, the fallout from personal corruption and statewide, one-party rule.

On Tuesday, Victor Davis Hanson wondered if California is "reaching critical mass," thanks to one-party rule creating a "neo-feudal society" that is "hardly democratic." The most egregious example was the fate of 2014's Proposition 1, a $7.12 billion water bond "designed to solve the state’s chronic water storage deficit."

Even though Prop 1 is an actual constitutional amendment, including "$2.7 billion specifically designated for new reservoirs," an alliance of bureaucracies, elected officials, and green activists still managed to block any new reservoir construction.

"Adding insult to injury," Hanson continued, "Governor Gavin Newsom instead used $250 million from the Proposition 1 fund to blow up four dams on the Klamath River."

Californians voted for more water infrastructure. Newsom's party blocked them, and Newsom himself had four dams destroyed that had "once provided storage, electrical generation, recreation, and flood control."

Tell me again about Muh Democracy™.

All of which is my long-winded way of concluding that, as corrupt as the Newsoms appear to be, they are merely a symptom of the progressive disease killing our once-greatest state.

Tyler Durden Wed, 06/17/2026 - 20:05

Tyler Durden

These Are The States Starting To Panic About AI Taking Over

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3 months 2 weeks ago

These Are The States Starting To Panic About AI Taking Over

Residents of Washington state are more concerned about artificial intelligence replacing jobs than workers anywhere else in the United States, according to a new report released in June 2026. The study, conducted by IP address provider Floxy, comes amid growing concerns about workplace automation after more than 54,000 American jobs were reportedly lost to AI-related workforce reductions last year.

To determine where Americans are most worried about automation, researchers analyzed all 50 states using several indicators. The study measured AI adoption rates among working-age residents, assessed how vulnerable local industries are to automation, and tracked search activity for terms such as "will AI replace my job," "AI taking jobs," and "AI layoffs." Researchers also factored in cybercrime rates, identity theft statistics, and the strength of state-level data protection laws.

Each state received an AI Panic Index score ranging from 1 to 99, with higher scores indicating greater levels of concern about AI-driven job displacement.

With an AI Panic Score of 99, Washington tops the rankings. Approximately 4,087 AI-related job displacement searches are conducted per 100,000 residents, the highest rate in the country. Researchers suggest this concern may be linked to the state's close ties to the technology sector, as both Amazon and Microsoft are headquartered there and have recently announced significant workforce reductions tied to AI initiatives. At the same time, nearly one-third of Washington's workforce already uses AI tools, giving many employees firsthand exposure to the technology's growing capabilities.

Wyoming ranks second, with more than 20,000 residents regularly searching for information about protecting their jobs from AI. Although the state lacks the large technology sector found in Washington, around one-quarter of working adults already use AI tools such as ChatGPT, potentially increasing awareness of how automation could affect future employment opportunities.

Nevada places third on the list. The state combines relatively high AI adoption with one of the nation's highest cybercrime rates, creating heightened awareness of technology-related risks. Approximately one in three Nevada workers already use AI tools, and around 55,000 residents search monthly for information about whether AI could replace their jobs.

Massachusetts ranks fourth, with roughly 160,000 residents searching each month for information related to AI-driven job losses. The state's thriving technology and biotechnology industries are advancing rapidly alongside AI innovation, contributing to concerns about automation. With about one-third of adults already using AI tools regularly, many workers are becoming increasingly aware of the technology's potential impact on their roles.

Maryland ranks fifth and records the highest AI adoption rate in the country, with 36.3% of working-age residents already using AI in the workplace. Despite widespread adoption, concerns remain high, particularly given the state's large concentration of technology and knowledge-based jobs that could be vulnerable to automation in the years ahead.

Commenting on the findings, Floxy Chief Technology Officer Aimen Hallou said concerns about AI-related job displacement are well-founded: "These concerns are not overblown. AI was directly linked to tens of thousands of job cuts in the US last year, and that's only counting companies that openly admitted it. Amazon eliminated 14,000 corporate roles, citing AI; Microsoft cut 15,000, and both were explicit about why. The broader reality is that MIT researchers estimated AI can already perform the tasks of roughly 1 in 8 American workers. That number is only going to grow as the tools get cheaper and more capable."

Tyler Durden Wed, 06/17/2026 - 19:40

Tyler Durden

Fire Erupts At Massive Food Storage Warehouse In Southern California

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3 months 2 weeks ago

Fire Erupts At Massive Food Storage Warehouse In Southern California

A large fire is ripping through a massive cold-storage facility in Boyle Heights, Southern California, a critical node in the region's cold-food supply chain.

Local outlet KTLA reports the fire at Preferred Freezer Services, Big Bear #7, located at 1400 S. Los Palos St. in Los Angeles, was first reported around 2:35 p.m. local time.

"First-arriving units reported that fire was showing from the roof of the massive single-story building, which they estimated was about 1,000 feet by 500 feet," the local outlet stated.

#BreakingNews: Firefighters are battling an explosive fire that broke out at a large storage facility in Boyle Heights on Wednesday afternoon, igniting rows of solar panels on the roof. Details in bio. pic.twitter.com/bzEdPCcvyA

— KTLA (@KTLA) June 17, 2026

More footage:

BREAKING: A major fire has erupted in an industrial area of Bobigny, a suburb northeast of Paris, sending large plumes of smoke into the sky as emergency crews respond to the scene. pic.twitter.com/ORz9QMKcCC

— Breaking911 (@Breaking911) June 17, 2026

@OC_Scanner pic.twitter.com/45ER1UM5bR

— Barry L.A. (@plcfox1) June 17, 2026

Huge warehouse fire in Boyle Heights. pic.twitter.com/vNJjlVPlaR

— Comrade S (@AnnStory8) June 17, 2026

The cause of the fire is unknown at this time, but this is not just another warehouse blaze. The facility is part of a major Southern California cold-chain node.

Big Bear #7 was built as a large refrigerated warehouse near I-5 and downtown Los Angeles, with roughly 95,000 pallet positions, 32 dock doors, and capacity for about 160 million pounds of product. It was designed to consolidate frozen goods under one roof for the Los Angeles market.

In early April, a disgruntled employee at a one-million-square-foot Kimberly-Clark distribution center in Ontario, California, burned the warehouse down to the ground.

*Developing...

Tyler Durden Wed, 06/17/2026 - 19:21

Tyler Durden

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