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Ukraine accused Russia of flouting a Kyiv-proposed ceasefire on Wednesday by carrying out dozens of battlefield assaults, air strikes and drone attacks in what President Volodymyr Zelenskyy described…
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The market for Treasury debt is challenging to interpret even when the environment is calm, much less when multiple geopolitical and technological disruptions are present simultaneously. Two papers released in the past year offer differing perspectives on a consequential unknown in the current market, which is the expected effect artificial intelligence (AI) will have on future productivity growth.
The first of the two relevant papers, co-authored by Isaiah Andrews and Maryam Farboodi, examined market signals in 2023 and 2024 around the releases of updated AI models from five leading developers (OpenAI, Anthropic, Google Deepmind, xAI, and DeepSeek). A main finding was that the nominal interest rates for long-term Treasury and corporate debt fell after these models became public by a statistically significant 12 basis points.
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The Tomahawk Land Attack Missiles the U.S. military fired during Operation Epic Fury take months to put on contract and years to produce.
Whether driven by U.S. military operations or support to partners, the challenge of quickly replenishing U.S. munitions is not new. Exquisite munitions often take an exquisite amount of time to manufacture and deliver. Defense officials, in turn, frequently want to compress that time as much as possible, seeking to restock fast and mitigate future risks.
The Russo-Ukrainian War has illuminated the challenge of accomplishing this feat. It also offers lessons for how the U.S can accelerate munitions production timelines in a crisis. Indeed, the U.S. experience attempting to surge munitions production from 2022 to 2024 did not reveal uniform failure in boosting production rates, but rather, sharp variation across weapons. Production rates of some munitions expanded meaningfully after 2022. Others stagnated. Interestingly, the emergency authorities and supplemental funding unleashed after 2022 were not responsible for this variation, as the full results of those initiatives and investments are still yet to come. Instead, decisions that pre-dated the Russo-Ukrainian War drove this variation.
The true lesson from the Ukraine crisis is that the United States cannot solely rely on improvisation to surge munitions production. Surge is indeed distinct from peacetime manufacturing or the mobilization of commercial entities to support wartime production demands. The Department of Defense should treat surging production as a core competency to be developed and rehearsed well in advance of a crisis.
Secretary of State Marco Rubio announced the end of “Operation Epic Fury,” claiming the offensive part of the war with Iran is over.
Rubio claimed in a White House press briefing, “The operation, Epic Fury, is concluded. We achieved the objections of that operation. This is the first step toward reopening the strait,” he added. “We are doing it not only because we were asked, but because we are the only ones that can.”
The U.S. is allegedly paying a CCP-connected firm to help identify potential stealth risks from embedding Chinese technology into the U.S. military. This claim is coming from the Washington Times; they cite anonymous military tech analysts within the industry.
A former CCP agent told CBN News he was part of an operation to identify and silence former Chinese citizens in America who spoke out against the party. He told CBN they use threats, entrapment, and even kidnapping.
He claimed, “The United Front is something that’s being defined by the Chinese Communist Party as one of its ‘secret’ or ‘magic’ weapons. And essentially its task is two things: On the one hand, expand the circle of friends of the Chinese Communist Party. So, co-opting or influencing, politicians, media, academia, and entrepreneurs. But on the other hand, its task is also to crack down on critics, to silence them, to divide them.”
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US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent have both expressed a need for China to leverage its tight relations with Tehran to reopen the strategic Strait of Hormuz for “their own interests”.
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The Israel Defense Forces (IDF) said it eliminated Hamas Commander Anas Muhammad Ibrahim Hamed, who infiltrated Israel and participated in the Oct. 7 Nova Music Festival Massacre.
Hamed was killed during a targeted Monday strike in Gaza, the IDF announced Tuesday.
“The IDF struck yesterday in the center of the Gaza Strip and eliminated Ans Muhammad Ibrahim Hamed, Nukhba commander in the Hamas terror organization, who raided the territory of the State of Israel and the Nova festival during the murderous massacre on October 7,” the IDF wrote in a Tuesday morning post on X.
The IDF called Hamed an “immediate threat to IDF forces operating in the Gaza Strip,” and said he was “eliminated in a precise airstrike.”
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Indian-origin Republican leader Vivek Ramaswamy has won the Republican nomination for Ohio governor, positioning himself for a high-stakes contest in November against Democrat Amy Acton.
The biotech entrepreneur secured a comfortable victory over small business owner Casey Putsch in Tuesday’s primary, advancing to the general election in the key Rust Belt state of Ohio.Ramaswamy will now face Acton, the former director of the Ohio Department of Public Health, who ran unopposed in the Democratic primary. The race is expected to be closely watched nationally.
In his victory speech, Ramaswamy thanked voters, saying, “for getting us to this point,” and added that, “the real destination is in November.”US President Donald Trump earlier endorsed Ramaswamy and praised him in a post, calling him “something special. he is young, strong, and smart!”
In a longer message, Trump said, “Vivek Ramaswamy is running for Governor of the Great State of Ohio… I know Vivek well, competed against him, and he is something special. He is Young, Strong, and Smart! Vivek is also a very good person, who truly loves our Country… Vivek Ramaswamy will be a great governor of Ohio, and has my complete and total endorsement – he will never let you down!”
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Romania is now entering a potentially lengthy period of political negotiations after the no-confidence motion.
The process of forming a new government involves presidential consultations, the president nominating a prime minister and a parliamentary confidence vote. It could take weeks, or even longer if no stable majority can be assembled. The current government will fulfil caretaker responsibilities until those decisions are made.
President Nicuşor Dan, who returned from the European Political Community summit in Yerevan, will begin consultations with parties to appoint a new prime minister.
The path to a stable majority is far from clear. The Social Democrats, the far-right AUR, non-affiliated MPs and other smaller parties have not signalled any willingness to come together and form a coherent government, even though they voted for the motion together.
President Dan has been categorical that the far-right AUR will play no role in any future government and gave firm assurances that Romania will maintain its pro-western direction.
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Donald Trump told a room full of children that Iran was “two weeks away” from killing them during a rant on the war before going on to mock their dreams and aspirations.
The bizarre moment came during a string of inappropriate comments as he veered off script during a White House sports event.
Surrounded by children and professional athletes in the Oval Office, Trump quickly passed over great sporting accomplishments in the United States, such as America 250 this summer and the World Cup’s ticket numbers, to war.
He said: “We have to make a journey down to Iran to take their nuclear weapon.
“They would’ve had a nuclear weapon within two weeks.
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In a social media post, U.S. Southern Command said its commander, Gen. Francis L. Donovan, ordered a “lethal kinetic strike” on a boat it alleged was operated by “Designated Terrorist Organizations” and “was engaged in narco-trafficking operations,” but without providing evidence. It also included unclassified video of the strike.
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
The Trump administration’s campaign of blowing up alleged drug-trafficking vessels in Latin American waters has persisted since early September and have killed at least 190 people in total, according to the Pentagon.
Despite the Iran war, the strikes have ramped up again in recent weeks, showing that the administration’s aggressive measures to stop what it calls “narcoterrorism” in the Western Hemisphere are not letting up. The military has not provided evidence that any of the vessels were carrying drugs.
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Syrian authorities say they have arrested a Hezbollah-linked cell accused of plotting to assassinate senior government figures, an allegation rejected as “false” by the Lebanese armed group.
The Syrian Ministry of Interior said late on Tuesday it carried out a “series of simultaneous security operations” in the Damascus countryside as well as in the provinces of Aleppo, Homs, Tartous and Latakia.
According to the ministry, the raids resulted in the “dismantling of an organised cell affiliated with the Hezbollah militia, whose members infiltrated Syrian territory after undergoing intensive specialised training in Lebanon”.
Since longtime ruler Bashar al-Assad’s removal in December 2024, Syria’s new authorities have repeatedly announced the discovery and disruption of alleged plots to undermine security, which they have attributed to Hezbollah – accusations the group has consistently denied.
Preliminary investigations revealed that the cell was planning “targeted assassinations against high-level government officials”, the ministry statement said, adding that they seized military equipment, including explosive devices and RPG launchers.
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Europe is weeks away from crossing a critical threshold that represents a severe and immediate shortage of jet fuel, triggering many more flight cancelations and even the possible closures of smaller airports.
A new Goldman Sachs research report estimates that Europe’s commercial jet fuel inventories are slated to dip below the International Energy Agency’s critical 23-day shortage threshold sometime in June. “The U.K. appears most at risk of jet fuel rationing given its large net imports,” the report argued.
The threshold doesn’t mean Europe will run out of fuel supplies 23 days from that point—that would only occur without any replenishments. But it does mean global crude and fuel supplies are running dryer each day from the ongoing closure of the Strait of Hormuz amid the war in Iran. Europe could, for instance, dip below a more dire 20-day limit by July, resulting in more drastic rationing, and maybe 15 days by August.
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By now, it’s probably hard to find anyone in the United States with a political pulse who hasn’t heard about last week’s indictment of former FBI director James Comey. It asserts that Comey threatened “to take the life of, and to inflict bodily harm upon” Donald Trump by posting “a photograph on the internet social media site Instagram which depicted seashells arranged in a pattern making out ‘86 47.’”
Trump, the nation’s 47th president, contends that “86” is a “mob term for kill him.” More benignly, restaurant workers use it to refer to running out of an item or getting rid of a dish from a menu. There’s even a restaurant in Palm Desert, California, called Kitchen 86. As professor Mary Anne Franks remarked, the “86 47” shell arrangement is “a very ambiguous statement at best.”
True threats of violence aren’t constitutionally protected. The US Supreme Court defines them as “statements where the speaker means to communicate a serious expression of an intent to commit an act of unlawful violence to a particular individual or group of individuals.” The Court has explained that “[t]he ‘true’ in [true threats] distinguishes what is at issue from jests, ‘hyperbole,’ or other statements that when taken in context do not convey a real possibility that violence will follow.”
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Alberta Premier Danielle Smith said she does not want to see authorities “monitoring” church services in her province in light of a new federal law that criminalizes religious expression and belief when quoting parts of the Bible.
“I don’t want to see the police monitoring Sunday services!” Smith told a crowd of nearly 1,000 Christians and pastors over the weekend while speaking at the Alberta Christian Leadership Summit.
“Faith is to be expressed openly and carried into the public square.”
A host of Alberta and Canadian Christian politicians gathered with pastors of churches to talk about faith and its importance in society. Campaign Life Coalition (CLC) was there with a booth.
Smith was invited to be the main speaker at the event, which saw hundreds gather to share the importance of Christianity in public life and politics. Her speech touched on several issues, but she did speak out against the controversial Bill C-9.
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IRAN has blasted drones and missiles at the UAE for the second day in a row as the ceasefire in the Middle East is stretched to its limits.
It comes as Donald Trump tries to force open the Strait of Hormuz with “Project Freedom”.
Iran chillingly warned it was “just getting started” after unleashing a barrage of missiles towards the UAE yesterday.
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Your Majesty,
We’ve both had a very busy week. While you enjoyed the pageantry of your American state visit, red carpets, garden parties, and carefully staged moments of compassion, I stood outside the White House with a chair reserved for you – waiting. Not as a spectacle. Not as a stunt. But as a survivor asking to be seen.
I prepared that moment with care. I studied the traditions you value – Darjeeling tea, cucumber sandwiches, the details that matter in your world. In mine, what matters is this: You didn’t show up.
Your visit celebrated 250 years of America’s history. I watched as you stepped onto American soil, greeted with flower bouquets as the red carpets rolled out for you. I hoped you had heard about my efforts.
While you met President Donald Trump and First Lady Melania attending cultural engagements, mingling with those who sit in power, I amplified unheard voices, preserving stories, standing with people who have nothing, who have been ignored for too long. You missed the opportunity to be a king who could’ve been remembered as the one who stood alongside us in this pivotal moment where abuses of power are coming to light.