AI’s Power Bill Is About to Become a Geopolitical Story, Not Just a Utility One
This summer the Nuclear Regulatory Commission concluded that restarting Three Mile Island's Unit 1 — the plant synonymous with nuclear disaster since 1979 —...
Germany’s Bond Market Isn’t Pricing This Crisis At All
Ten-year Bund yields hit their highest level since 2011 the week the AfD won 43.8% of the vote in Saxony-Anhalt — the worst state...
Why the Fed’s Hike Won’t Bring Gulf Money Back to Wall Street
TODAY'S NUMBERS:
3.75%–4.00% (Fed's new rate, first hike since 2023) · 100.07 (Dollar Index) · $127.08bn (Korea's 2026 portfolio outflow). The dollar's rebound is being...
Söder’s Loyalty to Merz Is Real. It’s Also Free
Within days of the CDU's worst-ever state election result, CSU leader Markus Söder ruled out any move against Chancellor Friedrich Merz "under no circumstances,"...
Europe Reopens the Frozen-Assets Fight: Who Wins If Russia’s €210 Billion Finally Moves?
TODAY'S NUMBERS
$4,307 (gold, a record) · 4.99% (US 10-year Treasury yield, a 19-year high) · $104.59 (Brent crude, down for a second day). Record...
The Most Dangerous Number in Germany’s Sunday Votes Isn’t the AfD’s
In Mecklenburg-Vorpommern, incumbent SPD premier Manuela Schwesig leads her AfD challenger, Leif-Erik Holm, 60% to 25% in head-to-head polling. It is not close. And...
The Real Story Behind Canada’s EU Deal Isn’t Membership. It’s Minerals
Three weeks before today's ceremony in Strasbourg, American negotiators put a specific demand on the table in Ottawa: a right of first refusal on...
The Fed’s First Hike in Three Years: Why the Dollar and Gold Are Rising Together
TODAY'S NUMBERS: 5.00% (US 10-year Treasury yield, first close above that level since 2023) · 99.5 (Dollar Index, its highest in weeks) · $4,300...
Scotland, Wales and Northern Ireland Signed an Independence Pact. Westminster Still Holds Every Legal Card
The September 14 Cardiff memorandum is a coordinated pressure campaign timed to a uniquely weak moment for the union's defenders — a fragile, freshly...
Riyadh Asked for Direct Protection and Washington Said No — That Answer Is the Story
By offering Saudi Arabia intelligence and targeting help but declining direct military protection after the East-West pipeline strike, Washington has quietly redefined the 80-year...