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Step into the Mushroom Kingdom with this officially licensed Luigi costume. Premium quality materials and authentic details make this perfect for Halloween, cosplay, or gaming events.
Gaming costumes are trending this Halloween season. Check out our gaming and entertainment news for more costume inspiration.
Tyrese Haliburton gets warning from NBA for dance, but no fine, AP source says
Tom Wilson has provided a little bit of everything for the Washington Capitals in their Game 2 victory over the Carolina Hurricanes. He just wasn’t sure the box score properly reflected quite just how much he contributed Thursday night. Wilson...
Callinex Mines (TSXV: CNX; OTCQX: CLLXF) announced it has appointed metallurgists Dr. Peter Kondos and Dr. Yeonuk Choi to the company’s technical team. The company [...]The post Callinex appoints metallurgical team with reputation for revolutionary approaches appeared first on Canadian Mining Journal.
Image courtesy of Marvel StudiosWhen Thunderbolts* was announced in 2022, there wasn’t a lot of buzz for the movie. It felt like Marvel Studios’ answer to The Suicide Squad, bringing together a group of bad guys to face a villain that’s way out of their league. However, the inclusion of the asterisk in the title meant there was at [...]The post Thunderbolts* Isn’t the First MCU Project to Change Its Title (Is It Becoming a Trend?) appeared first on ComicBook.com.
KANSAS CITY, Mo., May 8, 2025 /PRNewswire/ -- HCI Energy, a leader in innovative power solutions for critical communications infrastructure, has released two reports showcasing the environmental and economic impact of its flagship Hybrid Power ShelterTM, offering a 90% reduction...
Get to know 2025 40 Under 40 winner Carly Holm, founder and CEO of Humani HR.
After a sharp, brief fight in which Democrats were outnumbered by majority Republicans, Missouri legislative budget negotiators agreed Thursday to spend $50 million to expand the MOScholars program that helps pay tuition at private and parochial schools.The general revenue support would be the first time state tax dollars have been appropriated directly to the program begun in 2021. The line item, a major part of Republican Gov. Mike Kehoe’s budget proposal, found favor in the Missouri House...
The Rehearsal Season 2 Episode 4 release date and time are right around the corner. According to the official schedule of the season, the upcoming fourth episode is titled “Kissme.” This episode will see Nathan Fielder back in action as he helps a young man face a pivotal moment in his love life. The popular [...]The post The Rehearsal Season 2 Episode 4 Release Date, Time, Where to Watch appeared first on ComingSoon.net - Movie Trailers, TV & Streaming News, and More.
Gold Reconsidered: A Strategy To Facilitate 21st Century United States Excellence By Vincent LanciSummary: This report explores gold’s reemergence not merely as a store of value, but as a strategic monetary tool for circumventing sanctions, supporting trade diplomacy, and conducting debt management. Drawing upon historical precedent, contemporary developments, and theoretical frameworks such as Stephen Miran’s Mar-a-Lago Accord, this essay proposes that the United States is positioned to reengage in a sovereign-level gold trading for purposes of reducing debt, rewarding trade partners, and restoring the US manufacture-export base. This mechanism, once dominated by bullion banks and now emulated by sanctioned states, enables the monetization of gold without outright liquidation. Gold-forward hedges provide the United States with an opportunity to strategically weaken the dollar as a component of its need to remain competitive in export driven global economies, reduce debt obligations, and support trade-partner allies through targeted currency support. This report argues that gold’s transformation under Basel III, coupled with a shift in U.S. monetary strategy, marks a return to gold’s core geopolitical function.I. Introduction. Gold is a store of value; it is money. With its immutable physical properties, universal recognition, and lack of counterparty risk, gold serves as a uniquely effective asset in sovereign monetary operations. This paper explores how the U.S. can operationalize gold as a monetary instrument to manage debt, influence foreign exchange dynamics, and pursue geopolitical leverage in a deglobalizing world.II. Historical Foundation: The Bullion Bank Carry Trade. Beginning in the 1990s, bullion banks employed a gold carry trade model that enabled monetization without sale. This involved:Holding physical gold owned or on loan from another party (spot position)Selling that gold forward (creating a future potential liability)Investing the proceeds in higher-yielding assets (e.g., Treasuries, stocks, or foreign bonds)This trade structure provided income while keeping physical reserves intact and suppressed upward pressure on gold prices. It became a cornerstone of central bank expectation management strategy and a projection tool of a stable, reliable USD.III. The Mar-a-Lago Accord. Stephen Miran’s Mar-a-Lago Accord offered a blueprint for leveraging gold to manage U.S. debt and trade imbalances. That proposal involved:Selling U.S. gold reservesUsing proceeds to purchase foreign currencies with higher yieldsReducing the effective interest burden on U.S. liabilitiesThough politically toxic, the ESF and similar tools had already historically been used in currency stabilization crises. While Miran’s Accord was publicly shelved, some of its core mechanisms remain feasible.U.S. Sovereign Carry Workflow (Treasury → Forward Sale → Currency Purchase)IV. Gold and Sanctions Evasion. The Russia-Iran Model Sanctioned states such as Russia and Iran have leveraged gold to access dollar liquidity via trusted counterparties. By holding and hedging gold through countries like China, they generate liquid proceeds in local or global currencies that are ultimately converted to dollars. This allows them to fund operations while avoiding SWIFT and U.S. financial enforcement.The oil-for-gold arrangement between Russia and China first described by this paper’s author in 2017. set a precedent. Initially dismissed as rumor, it gained traction when later acknowledged by credible banking analysts. Most recently, an offshoot of its success was announced between China and Saudi Arabia in which the Saudis would receive payment for their oil in RMB with gold optionality attached. The gold would be held by China as it had been for Russian deals. This shows that gold can function as a sanctions-neutral reserve and transfer mechanism while simultaneously being a monetary bridge (mBridge) to the USD or other currencies if needed.Gold-Backed Sanction Evasion Flow (Russia → China → Trade → Dollars)V. Structural Shifts in the Gold Market: The macro and regulatory backdrop has shifted:Basel III reclassifies gold as a Tier 1 assetRecent OCC Gold derivative reclassification at BanksThese banks held over 90% of U.S. gold derivative exposureBRICS countries now prioritize gold over Treasuries for trade reservesTogether, these changes signal a revaluation of gold within both private and sovereign balance sheets.VI. A New U.S. Strategy: Gold-Backed Trade Diplomacy. The U.S. can now pursue a sovereign gold carry trade:Forward-sale gold to trusted banksUse proceeds to buy foreign currencies or EM debtProp up allied currencies, reduce dollar strengthExecute monetary stimulus while avoiding inflation mismanagementThis framework allows integration of trade and monetary policy. As part of bilateral trade negotiations, the U.S. can offer to stabilize emerging-market currencies, reducing resistance to tariff reform and strengthening political ties.VII. Conclusion. Gold is returning to center stage as a versatile tool for 21st-century financial statecraft. By adopting carry trade mechanisms pioneered by bullion banks and mirrored by adversarial regimes, the U.S. has the opportunity to align debt management, currency strategy, and trade diplomacy. The convergence of regulatory changes, gold repatriation, and geopolitical fragmentation makes this moment uniquely ripe for gold’s strategic reintegration. Tyler DurdenThu, 05/08/2025 - 22:35
Google's annual I/O developer conference is coming on May 20, and for the first time, there's two major events you'll want to watch to stay on top of all the updates the company's making to its software platforms. I/O 2025 kicks off on May 20, and a week earlier on May 13, there's also The Android Show: I/O Edition, a dedicated showcase for the Android ecosystem.The Android Show: I/O Edition airs on May 13 at 1PM ET / 10AM PT, and it'll stream at that time on Google's Android YouTube channel. Since it appears to be pre-recorded, we've embedded it below, so really, you can just bookmark this page and return then. Better yet, we will be liveblogging alongside the show, so you'll see our coverage, analysis and takes in real time.Android is developed partially in the open, so there's already some indication of what could be coming with Android 16. So far, that's a visual redesign of some of the operating system's core features, like the notification shade, a take on Apple's Live Activities for tracking ongoing events and possibly a Samsung DeX-like "Desktop Mode" for Android phones. Google even appeared to accidentally publish its own blog post detailing its research around user interfaces and Material 3 Expressive, only to take it down quickly after. Unfortunately (or fortunately for Android enthusiasts), the internet never forgets.Meanwhile, I/O 2025 starts on May 20 at 1PM ET / 10AM PT with Google's keynote, typically a series of updates on Android, Search, Google Workspace and Gemini. It's worth noting: Google typically doesn't set aside separate time for Android announcements. The company said there will be some Android news at I/O, but the safe bet is that Gemini will be the star. We expect Google to share Gemini updates, along with Android XR news and maybe further demonstrations of experimental projects like Project Astra.Google's I/O keynote will be available to watch on Google's YouTube channel and right here once the livestream is up on May 20 at 1PM ET. Update, May 8 2025, 10:30PM ET: This story has been updated to include information on Engadget's liveblog of the Android Show, as well as additional information on what we expect to be announced based on leaks around Material 3 Expressive.This article originally appeared on Engadget at https://www.engadget.com/big-tech/how-to-watch-the-android-show-ahead-of-google-io-2025-213327621.html?src=rss
No wonder he was cast as Marshall 'The Kid' Eriksen.
Beyond Wilson's dominance, the 2025 ACM Awards were packed with celebration.
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) held its annual meeting of shareholders on May 8, 2025. Each matter voted on is described in greater detail in the Corporation’s 2025 Management Information...
Music fans are revisiting the drama regarding a popular celebrity couple, asking, “Who did Jay-Z cheat on Beyoncé with?” Most listeners who have followed through the tumultuous love story of the duo are aware of the fact that the “Halo” singer addressed her husband’s infidelity in the visual album, Lemonade. Later, he released his 2017 [...]The post ‘Who Did Jay-Z Cheat on Beyoncé With?’ Trending Mystery Explained appeared first on ComingSoon.net - Movie Trailers, TV & Streaming News, and More.
(Reuters) - U.S President Donald Trump's administration has fired the Librarian of Congress, Carla D. Hayden, the New York Times reported on Thursday, citing a spokesperson for the organization.
Miley Cyrus' parents Tish and Billy Ray Cyrus have both posted cryptic messages on social media, just hours after fans noticed that Tish had unfollowed her daughter on Instagram
Scientists film a rare abyssal creature during an expedition in Antarctica. Stewartville StarSea pigs, icefish and trilobites: Antarctica’s mysterious marine life – in pictures The GuardianClio the Sea Butterfly makes history by laying eggs for researchers The Jerusalem PostGiant iceberg reveals life from a century ago hidden beneath a block the size of Chicago Earth.comMysterious New Life Form Discovered Under Antarctic Ice Baku.ws
The founder and former CEO of bankrupt cryptocurrency trading platform Celsius, Alexander Mashinsky, was sentenced Thursday to 12 years in prison on fraud charges.
Elsbeth star Carrie Preston is opening up about Carra Patterson‘s exit from the show after two seasons. Carra played the role of Kaya throughout the first two seasons of the CBS series and she will no longer be a series regular, but she’ll be back as a guest star in season three. After the season [...]
Explore various algorithms for spectral estimation, including Prony's method, ESPRIT, MUSIC, and sparse Fourier transform techniques for signal processing.
Scientists issue warning over previously underestimated phenomenon in Antarctica: 'Deeply concerning' The Cool Down
It seems that NVIDIA is not sending reviewers drivers for day one GeForce RTX 5060 reviews, which means the GPU could launch without any in-depth analysis. Continue reading at TweakTown >
If you are ever graced with the opportunity to be in St. Peter’s Square when the white smoke billows out of the Sistine Chapel chimney, the moment your eyes lock onto the plume will be etched in memory throughout earthly...
The vice president backed up his boss' call for "bringing self-reliance back" to the economy with a bizarre example.
By Aftab Ahmed and Charlotte GreenfieldJAMMU, India/ISLAMABAD (Reuters) -India and Pakistan accused each other of launching new military attacks on...
Urban received the prestigious Triple Crown Award at the 2025 Academy of Country Music Awards.
By Ben Blanchard and Liz LeeTAIPEI/BEIJING (Reuters) -Taiwan President Lai Ching-te sent congratulations on Friday to newly appointed Pope Leo,...
TAIPEI (Reuters) - Taiwan President Lai Ching-te has sent his congratulations to Pope Leo on his appointment, saying Taiwan hopes to continue working with the Vatican to pursue peace, justice and religious freedom, the island's foreign ministry said on Friday.
The sports loyalties of Pope Leo XIV became a topic of conversation almost as soon as the white smoke emerged from the Vatican's Sistine Chapel.
Three months ago, President Trump signed an executive order telling white Afrikaans South Africans they could apply for refugee status in the U.S. The first group has been swiftly processed and is set to arrive on U.S. soil Monday
JoongAng Group and retail behemoth Lotte Group have inked a blockbuster deal that promises to dramatically reshape South Korea’s theatrical landscape. The media and retail giants signed a memorandum of understanding Thursday to merge their respective cinema chains — Megabox and Lotte Cinema — creating what would become the nation’s largest theatrical exhibition entity. The [...]
Looking for help with today's NYT Mini Crossword puzzle? Here are some hints and answers for the puzzle.
SYDNEY (AP) — Former Australian test bowler Stuart MacGill was spared jail time and given a community service order when he appeared in court on Friday for sentencing over supplying cocaine.
MINNEAPOLIS (AP) — Minnesota Timberwolves star Anthony Edwards exited with a sprained left ankle midway through the second quarter against Golden State on Thursday, before returning for the second half of Game 2 of their second-round series.
Nintendo says it could brick Switch systems if users "bypass, modify, decrypt, defeat, tamper with" their games in updated agreement Nintendo EverythingNew Nintendo of America policy asks users to give up their rights to a class-action lawsuit and call customer service instead: "Most matters can be quickly resolved in this manner" GamesRadar+Nintendo Updates Its User Agreement To Crack Down On Emulation Nintendo LifeNew update on Nintendo’s EULA prevents users from filing class-action lawsuits against them My Nintendo NewsNintendo issues severe Switch 2 warning as console approaches launch Daily Star
Although [Vitor Fróis] is explaining linear regression because it relates to machine learning, the post and, indeed, the topic have wide applications in many things that we do with electronics ...read more
Here are some tips and tricks to help you find the answer to "Wordle" #1418.Oh hey there! If you're here, it must be time for Wordle. As always, we're serving up our daily hints and tips to help you figure out today's answer.If you just want to be told today's word, you can jump to the bottom of this article for ...
Everything you need to solve 'Connections' #698Connections is the one of the most popular New York Times word games that's captured the public's attention. The game is all about finding the "common threads between words." And just like Wordle, Connections resets after midnight and each new set of ...
A&K will launch the new A&Ultima SP4000 audio player complete with Android support.
President Trump on Thursday fired Carla Hayden, the Librarian of Congress, effective immediately, according to an email obtained by the Associated Press . The Obama appointee, who was confirmed by the Senate in 2016 and was the first woman and first African-American to hold the role, had her 10-year term cut...
Every hint, nudge and outright answer you need to complete today's NYT Strands puzzle.If you're reading this, you're looking for a little help playing Strands, the New York Times' elevated word-search game.Strands requires the player to perform a twist on the classic word search. Words can be made from linked letters — up, down, left, right, or diagonal, but words ...
These Netflix shows are a reminder of just how deep the roster of great titles is on Netflix.
according to research published in ACS ES&T Air, efforts to limit mercury emissions may be working. Researchers found that atmospheric mercury levels have decreased by almost 70% in the last 20 years, mainly because human-caused emissions have been reduced.
1,049 undergraduate students and 90 faculty will participate in unique hands-on research and technical training at Department of Energy (DOE) national laboratories and a fusion facility during Summer 2025.
Environmental engineers at Washington University in St. Louis develop critical methods to remove toxic selenium from water.
The director of such wide-ranging fare as Glengarry Glen Ross , the Fifty Shades sequels, a lot of Madonna's music videos, and a dozen episodes of House of Cards died this week at age 71. James Foley died "peacefully in his sleep" at his Los Angeles home after a yearslong brain...
Zoox voluntarily recalls 270 self-driving cars after a collision incident in Las Vegas and updates all vehicles with new software to prevent prediction errors.
A suburban New York man has been charged with animal cruelty after authorities say they found nearly 100 cats in his home, including about two dozen dead kittens in a freezer, the AP reports. The man, 75, surrendered Wednesday to detectives with the Suffolk County Society for the Prevention of...
A Joint Effort in Object Identification Hackster.io
BY THE OPTIMIST DAILY EDITORIAL TEAM Four months after the Eaton Fire ravaged parts of the Angeles National Forest and destroyed homes and businesses in Altadena, California, life is slowly and surely returning. Behind the blackened remains of scorched neighborhoods, the hillsides are once again lush with greenery and filled with the sound of birdsong. [...]The post Wildlife returns to Eaton Fire burn area, offering a symbol of hope and resilience first appeared on The Optimist Daily: Making Solutions the News.
TOH is using Microsoft’s DAX Copilot to capture physician-patient conversations and generate draft clinical notes in real time.
Neutron, designed to lift up to 13,000 kg to low Earth orbit, remains on schedule for its inaugural launch in 2025The post Rocket Lab’s Neutron tapped for U.S. military cargo test appeared first on SpaceNews.
Stanly Ranch invites you to live in a way that feels richly connected and fully alive
SACRAMENTO, Calif. — Seventeen states are suing President Donald Trump 's administration for withholding billions of dollars for building more electric vehicle chargers, according to a federal lawsuit announced Wednesday.
House passes GOP-led bill to rename Gulf of Mexico the Gulf of America CNNRepublican-led House will vote to make Trump's Gulf of America into law ABC NewsHouse votes to make Trump Gulf of America name change permanent Fox NewsHouse voting on Marjorie Taylor Greene's bill renaming Gulf of Mexico as "Gulf of America" CBS NewsHouse Votes to Rename Gulf of Mexico as Gulf of America, Taking a Symbolic Step The New York Times
Man charged with murder in Austin Peay senior defensive back William Hardrick’s death New York PostCollege football player William Hardrick, 22, dies in car crash; motorist charged with murder Fox NewsAustin Peay football player killed by alleged drunk driver Https://Www.Wsmv.ComAustin Peay football player Hardrick dies at 22 ESPNFamily and former teammates of killed Austin Peay football player speak about his life WAFF
WASHINGTON (AP) — The Republican-led House passed a bill Thursday that would rename the Gulf of Mexico as the Gulf of America and direct federal agencies to update their documents and maps to incorporate the new name. President Donald Trump already signed an executive order during his first day in office to rename the Gulf. [...]
WASHINGTON (AP) — The Republican-led House passed a bill Thursday that would rename the Gulf of Mexico as the Gulf of America and direct federal agencies to update their documents and maps to incorporate the new name.
This swish high end home certainly has the wow factor, with extensive open plan living that combines leisure, dining and kitchen areas.
A couple is being charged with murder in the death of their three-month-old daughter, the Ocean County prosecutor announced on Thursday.
Golden State Warriors vs Minnesota Timberwolves Preview
The event took place in Kelowna for the first time
Black smoke is again pouring out of the Sistine Chapel chimney. That indicates no pope was elected on second or third ballots of the conclave to choose a new leader of the Catholic Church. The smoke billowed out at 11:50...
Save over $500 on this top-of-the-line natural gas grill with rotisserie, sear burner, and side burner.
Cardinal Robert Prevost, the first U.S. pope in the 2,000-year history of the Catholic Church, previously led a Catholic religious order.
Radiohead singer and electronic musician's collaborative album out Friday, May 9
She taught you how to walk, talk, and cheer for the right team. Now it's your turn to show some love for your mom with the Miami Dolphins Mom Arched T-Shirt. CLICK HERE TO PURCHASE EITHER SHIRT: CLICK HERE Your M-O-M is an M-V-P! Make sure
With the booming development of Bitcoin and cryptocurrency industries, cloud mining has become an efficient and low-threshold way to generate income. Traditional mining requires expensive equipment, high electricity costs and professional t
Backlight has appointed Josh Normand as President and Chief Revenue Officer. As a new addition to Backlight’s leadership team, he will be leading the charge on the company’s global growth strategy and scaling its go-to-market organization to better help teams create, manage, and deliver content with more impact and less friction. Josh is an industry veteran with decades of experience at the intersection of media and tech. At companies like Vimeo, Brightcove, and Adobe, he has played a pivotal role in shaping new product offerings, helping many of the world’s largest brands and media companies launch their first streaming services, scaling businesses and building teams from the ground up, and taking multiple companies public.“The convergence of traditional media, digital media, and technology has been a passion of mine for a long time,” says Josh. “Video is the most powerful medium for storytelling, and the transformation we've seen — where every person and company can now create, manage, and distribute video like a major media company — is just the beginning of a much bigger trend. AI is only going to accelerate this transformation. What excites me most is how Backlight’s technology can not only streamline media workflows, but also unlock entirely new possibilities — enabling not just better business outcomes, but also higher-quality content.”
Diddy's long-awaited sex trafficking trial kicked off earlier this week, and opening statements are expected to begin on Monday.The post Diddy Prosecutors Could Need A Gag Order To Prevent An Appeal appeared first on HotNewHipHop.
Johnny Fisher bagged a contentious split-verdict win over David Allen in December despite encountering a knockdown in the fifth round. Essex's Fisher, who is undefeated in 13 contests, got dropped for the first time in his professional boxing career. Allen seemed to have outlived him, though, he walked away with a highly doubtful split decision defeat.
The season may be months away, but CBS Sports has already offered an initial bowl projection for the Iowa Hawkeyes.
The activewear giant made a huge mistake. Now, customers are furious.
Police in Poland, The Netherlands, Germany, and the US take down DDoS-for-hire services and arrested alleged admins.
Shockingly, the Boston Celtics are down 0-2 to the New York Knicks. Both games have seen the Celtics lose 20-point leads, becoming the first team to blow two 20-point leads in the same postseason.
The Illinois General Assembly’s independent forecasting commission has improved revenue projections for the upcoming fiscal year despite growing economic volatility.That’s good news for state lawmakers who are in the final weeks of crafting the fiscal year 2026 budget set to take effect July 1. But the Commission on Government Forecasting and Accountability’s upward revision to its revenue forecast remains significantly more conservative than what Gov. J.B. Pritzker’s office projected when...
The best health care stocks offer investors a defensive hedge in an uncertain market. Here's how to find them.
Brad Arnold, lead singer of American rock band 3 Doors Down, has been diagnosed with stage four cancer and is cancelling the band's upcoming tour, he announced in an Instagram post on Wednesday.
Getty ImageLamar is just months removed from dropping 'GNX.'
ESPN recently detailed the New York Giants' biggest remaining roster hole ahead of the 2025 season. And it's roster hole that won't be easy to fill.
Emily McCoy's journey from biochemistry to landscape architecture combines her love for ecology and design to create comfortable outdoor spaces.
As Russia celebrates its 80-year-old victory over Nazi Germany, Putin wants the world to see that despite the new conflict in Europe, he still has friends in high places.
EXCLUSIVE: Quantify, a newly launched film sales and distribution company, is set to make its official debut at the 2025 Cannes Marché du Film, Deadline has learned. A collaboration among Nu Boyana Studios, Dark Matter Studios, Government Island, and Film Forge Media, Quantify is led by an experienced team specializing in theatrical and television projects, [...]
House Republicans on Thursday approved a bill to rename the Gulf of Mexico the “Gulf of America,” the first step in codifying one of the executive orders President Trump signed on Inauguration Day. The chamber cleared the legislation — titled the “Gulf of America Act” — in a 211-206 vote, sending it to the Senate for [...]
There are 13 teams hoping to win Monday's NBA Draft Lottery and the chance at taking Flagg with the top selection
The actor was arraigned in a Brooklyn court after being charged with nine counts stemming from incidents more than four years ago.
The expansion of the veterans online memorial includes the names of almost 93,000 veterans killed overseas during World War II.
AMD's latest Radeon GPU drivers not only bring optimizations for Doom: The Dark Ages and F1 25, but introduce FSR 4 support for more than a dozen games including Ghost of Tsushima, Frostpunk 2 and GTA V Enhanced.Read Entire Article
Hearts interim manager Liam Fox has been speaking to the media before the visit of Motherwell this weekend. Fox says winning final three games of the season would indicate the quality within the squad.
A tech company has struck a deal to sublease two big chunks of South Bay office space.
Dejan Kulusevski’s role in the Tottenham side becomes more important following the season-ending injury to James Maddison Tottenham Hotspur will look to book their place in the UEFA Europa League final when they play away at Bodo/Glimt on Thursday night.
Nicola Packer, 45, faced trial at Isleworth Crown Court in south-west London accused of having an illegal abortion.
Black Smoke All Over By Michael Every of RabobankWe got black smoke from the Vatican and the Fed yesterday showing no new Pope and no rate cut. Yet in both cases, smoke doesn’t come without fire. *CARDINALS FAIL TO ELECT POPE, BLACK SMOKE RISES OVER VATICANBlack smoke also rising above the Marriner Eccles building— zerohedge (@zerohedge) May 7, 2025As our US Strategist Philip Marey put in in his FOMC review ‘Clueless’, “essentially Powell spent the press conference telling us nothing new and dodging questions about Trump.” Even so, he made clear economic risks are rising: if US tariffs remain as now, unemployment and inflation will both go up. A year ago, Powell was saying he didn’t see any stagflation. True, he didn’t know who the winner of the 2024 presidential election would be, or their policy platform: but didn’t stop Philip getting both right back then. Today, he’s calling for a solitary rate cut in June, then the Fed on hold as the trade war impact is felt.Surprisingly, Powell suggested he isn’t tracking live ports data to see the pipeline impact of ongoing shifts in global trade flows. Even if this isn’t one of the backwards-looking ‘big numbers’ supposed to capture the complexities of modern economies (and failing to), one would still have expected him to be poring over logistics reports rather than macro models that can’t possibly capture what’s going to happen as well or as rapidly.Relatedly -- and underlining that even the Fed is now cargo-- Trump said he’s unwilling to pre-emptively cut tariffs on China to jump-start more substantive talks in Switzerland this week. Opinions are deeply divided on what those talks will produce: optimists expect a climb-down from one side or the other, so “rate cuts!” Realists aren’t. Indeed, while the US will overhaul its looming Biden-era May 15 curbs on AI chip exports, which markets take as bullish, this shouldn’t necessarily be read as looser policy stance. Indeed, Treasury Secretary Bessent is working with Congress on new outbound investment rules for China via a “red light or green light, and not having a yellow zone.” Clarity is good: but expect a lot of red and not so much green – and in more senses than one. After all, in the background, Uncovering Chinese Academic Espionage at Stanford, states: “After interviewing multiple anonymous Stanford faculty, students, and China experts, the Stanford Review can confirm that the CCP is orchestrating a widespread intelligence-gathering campaign there.” Similar allegations have swirled for years, and not only at Stanford, but were waved away like unwanted cigarette smoke because too much ‘Red!’ gets in the way of some people’s green.Meanwhile, the US is reportedly to announce its first trade deal with the UK today – or at least a “MAJOR TRADE DEAL” with a “big and highly respected country,” which doesn’t scream the UK to some Britons.That’s as The Times reports the Treasury’s own analysis of the UK-India FTA shows it losing £200m a year in taxes and making it cheaper for Indian firms to bring workers to the UK. So, the deal costs £3bn to boost GDP by £4.8bn over 15 years, meaning a net gain for the average Brit of three pence a week – or less, if Indian services firms open UK subsidiaries to rotate staff who don’t have to pay National Insurance rates on three-year secondment contracts, “because markets.” Ironically, that’s as The Guardian says, ‘Keeping Farage from No 10 is ‘a battle for UK’s future, heart and soul’, Labour MPs told’, adding – “In face of ‘economic doom loop’, Labour factions call for reset and demand party tackle populist nationalism head on.” As I saying yesterday on a podcast, one could only posit that either Labour thought an Indian FTA was a riposte to economic nationalism rather than a boost to the political opposition championing it; or there was a larger imminent plan to get the UK, India and the US closer. It seems perhaps to be the latter. Indeed, all it would now need is a US-India trade deal to complete that triangle, and the odds of that happening must surely just have shortened further.Elsewhere on trade, the European Parliament maintained its block on restarting Turkey accession talks, which clarifies its response to Ankara’s offer of military protection for EU entry. That was as Europe’s last manufacturer of ingredients for some vital antibiotics is closing its biggest factory and shifting some production to China. Is this the derisking and strategic autonomy that Europe keeps talking about? Or perhaps that’s the EU planning to tariff Boeing if it doesn’t get the US trade deal it wants? However, as new trade geographies emerge, old realpolitik does too - and not by coincidence.India - Pakistan military clashes are continuing, with Pakistan’s PM calling for “avenge each drop of blood”, not de-escalation. Those who just announced they were shifting supply chains to India now have to scan the headlines for geopolitics. At the same time, with some (questionable) reports that up to 125 fighter jets --a huge number-- may have been involved in a ‘dog fight’ for hours while staying within their own national airspace, which is hardly a dog fight, and claims of up to five of India’s being shot down, military tech analysts are scrutinising who is using which weapons to what effect. Where that was once Russian vs US tech it’s now French vs Chinese, and what is revealed can also potentially impact on trade flows and geopolitics, especially if far cheaper (Chinese) systems are seen triumphing over more expensive (Western) ones.In the Middle East, Trump said the options on Iran’s centrifuges are “Blow them up nicely or blow them up viciously.” That obviously blows for Iran if it wants to keep them. Something certainly seems to be brewing in that region ahead of the Trump visit next week: hopefully not an echo or repeat of the October 7, 2023, Hamas attack on Israel which many link to then looming Israel-Saudi normalisation that would have opened up a new trade corridor from Europe to India.Indeed, with the sudden US - Houthi ‘ceasefire’, rumoured secret Israel-Syria talks, as its former jihadi president is officially received in France, and suggestions the US may take over administration of Gaza, is Trump’s upcoming “earth-shattering” positive announcement to be Saudi-Israel peace? Or Syria-Israel? Or an Iran nuclear deal? Or Gaza-Lago? Or Trump Tower Tehran? We have to wait to see – but this could be pivotal to energy markets, so to everyone, including central banks: it’s already one of the key factors pushing oil prices down via Saudi actions, which are geopolitical, not “because markets.” Moreover, this is pivotal to the broader US approach towards the Russia-China-Iran-North Korea axis that cuts across geographies and disciplines, including both geopolitics and trade, and markets. Just don’t let the smoke get in your eyes. Tyler DurdenThu, 05/08/2025 - 10:45
Contributor content. Prop firms allow you to trade using the firm’s capital while minimizing your financial risk and potentially maximizing your profits via profit-sharing arrangements. This article gives a list of some leading prop firms.
David and Victoria Beckham are reportedly “disappointed" in son Brooklyn Beckham's decision not to attend any of his father's 50th birthday celebrations last weekend.
Rolling Stone has announced that Gus Wenner will assume the role of executive chairman, and Julian Holguin will become the brand’s CEO. According to the announcement, Wenner (pictured above, left) will collaborate with Holguin to ensure the brand’s long-term strategic vision while pursuing new ventures outside of Rolling Stone; Holguin (above, right) will assume oversight [...]
NOIDA, Inde, 8 mai 2025 /PRNewswire/ -- HCLSoftware, la division des logiciels d'entreprise de HCLTech et un fournisseur mondial de solutions logicielles d'entreprise, annonce le lancement de HCL Universal Orchestrator (UnO) Agentic, une plateforme d'orchestration évolutive alimentée par...
Tech companies are pledging to increase U.S. manufacturing by building new or expanding existing facilities as well as investing in research and development.
What’s different now is momentum: AI has not only captured attention but has galvanized legal professionals to engage directly with legal tech.
Apple TV+ has premiered the trailer for their new sports comedy series “Stick” starring Owen Wilson, Peter Dager, Marc Maron, Timothy Olyphant, Mariana Treviño, Lilli Kay and Judy Greer. Wilson stars as Pryce Cahill, an over-the-hill, ex-pro golfer whose career was derailed prematurely 20 years ago. After the collapse of his marriage and getting fired [...]The post Trailer: Owen Wilson In Golf Series “Stick” appeared first on Dark Horizons.