Anthropic Says Russian, Chinese Threat Actors Used Its AI Model Claude For Malicious Activity Authored by Aldgra Fredly via The Epoch Times, Anthropic said on Sept. 10 that it had disrupted malicious campaigns involving the use of its artificial intelligence model Claude, including operations allegedly linked to threat actors in China and Russia. The company said the threat actors include suspected state-sponsored groups, […]

US Officials Confirm Saudi East-West Pipeline Attacked By Drones, Badly Damaged Summary Saudi oil pipeline attacked: US officials confirmed strikes on Saudi pumping stations, with drones likely launch from Iraq. Houthis expand in Yemen: Houthi forces are gaining control along the Red Sea coast, threatening key shipping routes. Oil and diesel prices rising: Russia’s damaged refining capacity & shipping disruptions are also […]

Now They Think Babies Can Be Racist… Authored by Steve Watson via Modernity News, A woman sat in front of a camera this week and told the internet she had witnessed a “racist baby”… Not a joke account. Not a sketch. A straight-faced lecture about an infant who looked at someone for a few seconds – and, in her telling, revealed the original sin of race hatred barely out of the womb. The woman declares that “watching children […]

DeepSeek’s New Hyper-Efficient Model Stokes Fears Over Korea’s Memory Makers Samsung Electronics and SK Hynix each fell more than 3% in Seoul on Friday after DeepSeek said its newest AI model needs a fraction of the memory required by its predecessor. Both stocks had been trying to recover from July’s selloff and remain more than 25% below their highs. Local retail traders, who helped drive the rally earlier this year, have sold […]

Trump Says He Wouldn’t Have Bombed Nuke-Armed Iran Authored by Dave DeCamp via AntiWar.com President Trump said at the Republican National Midterm Convention in Dallas, Texas, on Wednesday night that if Iran had a nuclear weapon, he would have politely called up the Supreme Leader instead of “bombing the crap” out of the country. “If they had a nuclear weapon, I’d be calling the Supreme Leader, and I’d be saying, ‘Mr. […]

Mideast Chaos Sends Supertanker Rates Soaring To Near Record $1 Million A Day Summary: Gulf Tanker Rates Hyperinflate  A day later: Mideast Chaos Sends Supertanker Rates Soaring To Nearly $1 Million A Day  Mideast Chaos Sends Supertanker Rates Soaring To $800,000 A Day Supertanker rates on the Baltic Exchange’s benchmark Middle East-to-China shipping route have jumped to nearly $1 million a day. The jump in tanker rates comes […]

Piper Sandler Sounds Alarm: Shrinking Oil Buffers To Collide With Winter Demand Piper Sandler global energy strategist Jan Stuart wrote in a note on Friday that the physical oil market is flashing major warning signs, including disrupted exports, depleted inventories, and an ongoing diesel shortage crisis, all converging ahead of stronger fourth-quarter demand. Saudi Arabia’s export squeeze is becoming a major problem. The […]

Rate-Hike Odds Soar Despite Lowest Core Consumer Price Inflation Since 2021 Following fuel-driven jump in Producer Prices, consensus was for a concomitant jump MoM in Consumer prices this morning, after last month’s decline as energy prices have rebounded (though we warned that amid all the interventionist-y chatter, nothing would surprise us less than ‘cool’ print to offset the PPI scare). And analysts were right with headline CPI […]

Dies-aster: California Diesel Nears $10 A Gallon As Global Fuel Crisis Deepens New AAA data show US diesel prices reached a record $6.05 a gallon, signaling severe tightening in global refined-fuel markets. The squeeze reflects converging pressures: damage to Russian refinery capacity and diesel export halts linked to the Russia-Ukraine war, ongoing disruption at Hormuz, expanding threats to Red Sea shipping, and renewed Chinese […]

Democracy, As Scheduled By Molly Schwartz, cross-asset macro strategist at Rabobank After breaking above $100/bbl on Wednesday, the rally in Brent crude oil continued yesterday, climbing almost 7% on the day and closing at $108/bbl, the highest price since May. US Treasury yields followed with a sharp bull-flattening, with the 2-year marking its highest level since July 2024 at 4.58%, and the 10-year making its way up to […]

Gulf States & Iran To Hold Unprecedented Meeting Monday, Seeking Hormuz Strait Deal Breakthrough Iran and some Gulf states are formally meeting in order to push and finalize an Iran+Oman-backed deal and framework for the reopening of the Strait of Hormuz, coming at the end of a week where multiple tankers have been attacked, including unprecedented US strikes on an Iranian civilian vessel. “Gulf foreign ministers plan to meet […]

UMich Sentiment ‘Expectations’ Plunge Near Record Lows As Republicans Lose Faith, Inflation Fears Rebound After July’s rebound to pre-war levels, a re-escalation in the MidEast (and soaring fuel costs) sent confidence back towards YTD lows. Preliminary September data was expected to show UMich headline sentiment sliding further. ‘Slide’ is not exactly how we would describe preliminary September confidence data’s collapse (headline […]

Jeff Currie Warns Odds Of $5 Gas By Midterms Are “Extremely High” Jeff Currie Featured on BBG TV Veteran commodities strategist Jeff Currie has spent the summer warning that scarcity in physical commodity markets is becoming a persistent source of inflationary pressure and giving way to a commodities supercycle. After appearing on CNBC on Thursday, he joined Bloomberg Television on Friday morning to amp up that message, warning […]

MbS Begs Trump For Bigger Anti-Houthi Intervention, As Over 100 US Advisers On Ground We’ve been documenting the Houthi rapid advance along Yemen’s western coast, as the Iran-aligned rebel group closes in on owning more vital Red Sea chokepoint coastal real estate. As of Friday, after having the day prior entered the strategic port of Mocha, it is being widely reported including in Al Jazeera that the Houthis have taken control […]

UK Prime Minister Burnham Rejects Calls For National Data-Center Moratorium Authored by Matthew Gooding via Data Centre Dynamics, UK Prime Minister Andy Burnham has ruled out a national moratorium on data centers. Speaking in the UK parliament on Wednesday, Burnham said the government’s AI Growth Zone scheme would help ensure communities hosting new data centers would feel the economic benefits of developments. Responding to a […]

Futures Rise As Oil Prices Drop Ahead Of CPI Report Futures are higher thanks to an overnight retreat in oil prices (which is unlikely to hold now that Houthi rebels effectively control the entire Red Sea) and bond yields which track oil tick for tick, but the tone could quickly shift with the week’s biggest catalyst, August CPI data, due before the cash open. As of 8:00am ET, S&P and Nasdaq futures gain 0.6% with Mag 7 […]

Meanwhile In London’s Trafalgar Square… Authored by Steve Watson via Modernity News, They put it up… On Thursday morning, a five-metre tall overweight black woman in a tight blue dress and matching heels was unveiled on Trafalgar Square’s Fourth Plinth and described to the public as a contemporary “everywoman.” City Hall has called Lady in Blue a symbol of ‘confidence and purpose’. CNN framed the same object as a victory […]

More Than 62,000 Arrested For Speech-Related Offenses In Britain, Report Finds Via American Greatness, More than 62,000 people were arrested in Britain for communications offenses over a five-year period, according to a new civil liberties report warning that the country’s increasingly broad speech restrictions are having a chilling effect on free expression. Big Brother Watch found that 62,199 people were arrested between 2021 […]

Brent Nears $110 Then Tumbles On IEA Demand Destruction Warning As Houthis Threaten Saudi Oil Escape Route, Diesel Shock Goes Global Brent crude futures nearly topped $110 a barrel in the overnight hours but fell 3.5% to the $103 handle by 6 a.m. ET, after reports from the International Energy Agency that soaring fuel costs could spark global demand destruction. The global benchmark remained on course for its biggest weekly […]

US Agencies Accuse China-Based AI Firms Of ‘Malicious’ Copying Of American Models Federal cybersecurity and intelligence agencies on Tuesday accused six China-based artificial intelligence companies of running industrial-scale campaigns to extract proprietary features from leading U.S. models. DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun, and Z.AI were all named in the joint advisory. Officials alleged the companies, “likely […]

Ukraine Wants To Tax Sex To Fund The War Authored by Martin Armstrong via Armstrong Economics, How desperate must a government become before it considers taxing pornography to purchase drones for a war it cannot win? Ukraine is now reportedly considering legalizing parts of its adult entertainment industry to generate additional tax revenue for the war against Russia. Ukrainian lawmaker Yaroslav Zhelezniak estimates legalization […]

US Home Delistings Decline As Sellers Become More Willing To Make Deals Property delistings nationwide recorded a year-over-year decline toward the end of this summer, as sellers showed more patience than they did a year ago and a larger share were willing to cut prices, according to Realtor.com. The August 2026 Monthly Housing Trends Report, released on Sept. 2, indicated that delistings declined 12.6 percent in August from a year […]

Huge Fire Along Saudi ‘Hormuz Bypass’ East-West Oil Pipeline After Alleged Houthi Strikes Update(1815ET): While unconfirmed, this would mark a huge escalation of the Houthi entry into what’s been creeping all summer into a regional war: Yemen’s armed forces targeted Saudi Arabia’s East-West oil pipeline; satellite data shows fires at six points along the route that transports crude oil from the Persian Gulf to the Red Sea. (IRIB […]

Migrants Placed In Tiny British Village Will Out Number Locals By 10 To 1 Authored by Steve Watson via Modernity News, The official line is that 1,256 single adult males will be placed at the old MoD depot on the edge of the Oxfordshire hamlet. Yet the document villagers pulled out of the consultation pack talks about “accommodation for 3,510 service users.” That is not a rounding error. In a place of 350 people and 46 children, […]

What More Evidence Does The Blob Need That Michael Gove Was Right? Authored by Toby Young via The Daily Sceptic, When I think of Michael Gove perusing the latest PISA league tables, proving yet again that his education reforms have transformed the life chances of English schoolchildren, a line from Broadcast News, the 1987 romcom, comes to mind. “It must be nice to always believe you know better, to always think you’re the […]