# entry

guid: https://ici.radio-canada.ca/nouvelle/2164294/conference-etats-unis-changement-lieu
title: Des conférences prévues aux États-Unis déménagent, souvent au profit du Canada
link: https://ici.radio-canada.ca/nouvelle/2164294/conference-etats-unis-changement-lieu
hash: ��9��,~�K@�"�+��
content:
<p>Les organisateurs évitent de tenir leurs activités aux États-Unis, boudés par de nombreux voyageurs.</p>

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guid: https://ici.radio-canada.ca/nouvelle/2162082/gestion-dechets-dangereux-commerce-canada-etats-unis
title: La gestion des déchets dangereux : un commerce « loin des yeux, loin du cœur »
link: https://ici.radio-canada.ca/nouvelle/2162082/gestion-dechets-dangereux-commerce-canada-etats-unis
hash: �W�p�x�M�5x�- 
content:
<p>Les États-Unis et le Canada s'échangent des centaines de milliers de tonnes de déchets dangereux chaque année.</p>

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guid: https://ici.radio-canada.ca/nouvelle/2164381/pape-vatican-geopolitique-influence-leon-xiv-francois
title: Quelle influence politique a le pape en 2025?
link: https://ici.radio-canada.ca/nouvelle/2164381/pape-vatican-geopolitique-influence-leon-xiv-francois
hash: �@D�ߤ�@_�Ǉ�
content:
<p>Le pape est le chef des catholiques, mais il dirige aussi le Saint-Siège, qui est observateur à l'ONU.</p>

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guid: https://ici.radio-canada.ca/nouvelle/2163123/northvolt-cadres-quebec-quittent-navire-vente
title: Northvolt : des cadres du Québec quittent le navire en pleine tempête
link: https://ici.radio-canada.ca/nouvelle/2163123/northvolt-cadres-quebec-quittent-navire-vente
hash: �;_�b �/�0 ��
content:
<p>Les travaux ne reprendront pas sur le chantier en Montérégie, à moins qu'un acheteur relance le projet.</p>

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guid: https://gript.ie/?p=330415
title: PERRINS: New organ donor rules a disaster in waiting
author: ;Laura Perrins
link: https://gript.ie/perrins-new-organ-donor-rules-a-disaster-in-waiting/
hash: ��~��'�(��b���9
attributes: {"enclosures":[]}
content:
[unable to retrieve full-text content]<p>Now they're coming for your liver.</p>
<p>The post <a href="https://gript.ie/perrins-new-organ-donor-rules-a-disaster-in-waiting/">PERRINS: New organ donor rules a disaster in waiting</a> appeared first on <a href="https://gript.ie/">Gript</a>.</p>

tags:
#Comment Ireland #Comment World #Featured #Featured Picks #Highlights #Irish News #Health #Human Rights #Jennifer Carroll MacNeill #Laura Perrins #organ donation #religion


guid: 1029399 at https://www.zerohedge.com
title: Pentagon Orders Purge of DEI-Themed Books In Latest Blow To Wokes
author: ;Tyler Durden
link: https://www.zerohedge.com/political/pentagon-orders-purge-dei-themed-books-latest-blow-wokes
hash: ���;�Jb�BJ��m
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Pentagon Orders Purge of DEI-Themed Books In Latest Blow To Wokes</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>In the Trump administration's latest blow to the wokes, the Pentagon on Friday instructed military leaders to conduct a sweeping review of all library materials across bases and academies, <strong>with orders to remove any books promoting what the Department of Defense deemed "divisive concepts and gender ideology."</strong></p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/25dc-hegseth-pentagon-zljq-videoSixteenByNine3000a_0.jpg?itok=osmnCp_d" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/25dc-hegseth-pentagon-zljq-videoSixteenByNine3000a_0.jpg?itok=osmnCp_d"><picture><img data-entity-type="file" data-entity-uuid="568a763b-33b3-4457-ac0e-f20159ca8fda" data-responsive-image-style="inline_images" height="281" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/25dc-hegseth-pentagon-zljq-videoSixteenByNine3000a_0.jpg?itok=osmnCp_d" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>According to internal memos reviewed by the <a href="https://apnews.com/article/pentagon-hegseth-dei-library-books-770364ab99591402ddffe8758432ff26"><em>Associated Press</em></a>, <strong>commanders were told to "promptly identify" and withdraw any material that conflicts with the military’s core mission</strong>, with <strong>a deadline of May 21 t</strong>o complete the review. The directive comes amid a broader reorientation of the military’s cultural and educational standards under Defense Secretary Pete Hegseth, a prominent critic of DEI programming.</p>

<p>In a separate memo issued the same day, the Pentagon informed the nation’s military academies - including West Point and the U.S. Naval Academy - that <strong>race, ethnicity, and sex should no longer factor into admissions decisions. </strong>Instead, selections must be based solely on merit, though the department left room for “unique athletic talent” to be considered.</p>

<p><strong>The moves follow a January pledge by Secretary Hegseth to “purge DEI from the Pentagon,” </strong>arguing that the emphasis on diversity undermines military readiness. “Our diversity is our strength,” he said at the time, “is <strong>the single dumbest phrase in military history</strong>.”</p>

<p>As part of the book review, libraries are instructed to flag materials using search terms such as "affirmative action," "anti-racism," "critical race theory," and "white privilege." Already, the Naval Academy has removed nearly 400 titles, including Maya Angelou’s <em>I Know Why the Caged Bird Sings</em>, novels by Palestinian American author Etaf Rum, and various academic texts on race and gender.</p>

<p>To coordinate the ongoing review, <strong>the Pentagon is establishing a temporary "academic libraries committee" to assist other military colleges and institutions</strong> in identifying and removing similar materials.</p>

<p><strong>The book bans extend beyond college libraries to K–12 schools on U.S. military bases worldwide. </strong>The Department of Defense Education Activity (DoDEA), which oversees these schools, has issued a list of prohibited children’s books, <strong>many of which include LGBTQ+ themes or explore racial identity</strong>.</p>

<p>Since the beginning of 2025, the federal government has seen what experts describe as a wholesale dismantling of DEI-related roles and programs. While no formal count has been released, <strong>estimates <a href="https://www.npr.org/2025/04/07/nx-s1-5348922/trump-dei-federal-employees-firing">suggest</a> that hundreds - if not thousands - of DEI personnel across federal agencies have been dismissed or reassigned</strong>.</p>

<p>The Pentagon's directives are the latest in a series of actions that signal the Trump administration’s broader goal of reshaping federal institutions around <strong>"mission-first" principles</strong>, removing considerations of identity from official policy and practice.</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T08:15:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 04:15</span>


guid: 1029461 at https://www.zerohedge.com
title: "It's The Worst Scandal Ever" - Judicial Watch Founder Warns 'America Is Under Siege'
author: ;Tyler Durden
hash: I/�Q/����c��[
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">"It's The Worst Scandal Ever" - Judicial Watch Founder Warns 'America Is Under Siege'</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><em>Via Greg Hunter’s <a href="https://usawatchdog.com/">USAWatchdog.com</a>,</em></p>

<p>Renowned attorney Larry Klayman predicted on USAWatchdog.com that there would be<strong> full-blown, legal civil war happening in the court system.</strong>  He also predicted that violence from the “rabid left” would not only increase but explode.  </p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/Larry-Klayman-5.10.25-pic-300x23.jpg?itok=DzK3TP6Z" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/Larry-Klayman-5.10.25-pic-300x23.jpg?itok=DzK3TP6Z"><picture><img data-entity-type="file" data-entity-uuid="c45c149b-6a8a-424f-86ff-c681c52e6696" data-responsive-image-style="inline_images" height="392" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/Larry-Klayman-5.10.25-pic-300x23.jpg?itok=DzK3TP6Z" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p><strong>Klayman, founder of Judicial Watch and now Freedom Watch USA, says there are now more than <a href="https://www.justsecurity.org/107087/tracker-litigation-legal-challenges-trump-administration/">233 federal court cases</a> trying to stop or delay President Trump and his Administration.</strong>  </p>

<p>Klayman is here to update us on what is going on with the struggle America is having with the Deep State trying desperately to hold on to power.  Let’s start with Joe Biden’s appearance last week on ABC’s “The View,” where he looked confused and incompetent. <strong> Can all of Biden’s last-minute pardons of criminals and J6 members who destroyed evidence be enforced or are they null and void as President Trump has declared?</strong>  Klayman says,</p>

<blockquote>
<p><em>“They are null and void and so is every other thing that was allegedly signed by him (Biden).  He couldn’t even remember what he signed. . . . This is more than a scandal.  It’s the worst scandal ever.  Let me tell you something, Biden has not been abused as an elderly person.  <strong>He abused the American people, and it’s much more than abuse.  Biden committed treason.”</strong></em></p>
</blockquote>

<p><strong>What about suspending “habeas corpus”</strong> as President Trump is thinking about doing to more quickly deport millions of illegal aliens? </p>

<p>Klayman says,</p>

<blockquote>
<p><em>“<strong>He can do that in dire times, times of war.  We are, in effect, in a war.  We had drug traffickers, human traffickers, sex traffickers and terrorists running across our border in mass,</strong> over 10 million in the Biden Administration alone and many before that.  So, yes, it’s a war-time situation, and he (President Trump) can suspend it. . . .Just get them the heck out of here.  They are here illegally.  They have no right to be here.  <strong>The President should just ignore these edicts by these San Francisco judges and other judges . . . and do what he needs to do, and they can’t do anything. </strong> </em></p>

<p><em>You know the judiciary has no ability to enforce any ruling.  It’s only the Executive Branch, President Trump’s branch that he sit’s over, can enforce the rule of law.  </em></p>

<p><em><strong>This President has been sued thus far . . . in places like San Francisco, Chicago, Boston, Seattle, Portland and other places where they know they are going to get a Leftist judge.</strong>  Federal judges are supposed to be assigned randomly. </em></p>

<p><em><strong>It’s like Wheel of Fortune, but that really does not happen. . . . They actually steer these cases. . . . We need to prosecute these judges and set up the Department of Judicial and Legal Accountability and work with President Trump.  </strong></em></p>

<p><em>I hope he will appoint me to head that with others that will come on board because we need some strong leadership right now because he’s sinking.  He (Trump) has been enjoined 70% to 80% of the time in every Executive Order that he has issued.  </em></p>

<p><em>This last one said Trump has no control over his departments anymore.  There was a temporary restraining order that says you can’t cut workforce; you can’t do anything.”</em></p>
</blockquote>

<p>Why all the attacks on President Trump?  Klayman says</p>

<blockquote>
<p><em><strong>"They are attacking him because they hate him. . . . they are attacking him, and it’s all orchestrated.  Washington is one giant, excuse the French, circle jerk.  It’s a club.”</strong></em></p>
</blockquote>

<p><a href="https://www.freedomwatchusa.org/larry-klayman-representing-laura-loomer-defamation-suit-against-bill-maher/">Larry Klayman is representing conservative reporter Laura Loomer against Bill Maher and HBO. </a></p>

<p>They are being sued by Loomer for falsely claiming she slept with President Trump.  Klayman just deposed Maher and wants to release the video deposition.   Maher’s lawyers have so far blocked that.  Klayman says, <strong>“They are fighting tooth and nail to keep the video of Bill Maher secret so it can never be seen.</strong>.."</p>

<blockquote>
<p><em>"Look at the hypocrisy.  Laura Loomer gets defamed by Bill Maher, and the court has already denied a motion to dismiss . . . She gets smeared all over the world, defamed that she had sex with the President behind the back of Melania. . . . Loomer’s reputation gets harmed, and this harms her financially . . . You can smear a woman and . . . . If President Clinton can have his deposition released, who is Bill Maher that he should be protected?  Maher gave money to Kamela Harris as a political candidate.  That’s why Maher went after Loomer, because she was a way to get to Trump.”</em></p>
</blockquote>

<p><strong>In closing, Klayman has a warning:</strong></p>

<blockquote>
<p><em>“Pro Hamas demonstrators are busting up campuses threatening Jews and Christians, we see that.  We see Hakeem Jefferies the Minority Leader in the House, and Ilhan Omar, Rashita Tlaib, AOC and Bernie Sanders whipping up violence along with Jasmine Crockett, and they are calling for violence.”</em></p>
</blockquote>

<p><strong>Are we headed for a civil war?</strong>  </p>

<p>Klaman says,<em><strong> “I believe we are.”</strong></em></p>

<p>There is more in the 56-minute interview.</p>

<p>Join Greg Hunter of <a href="https://usawatchdog.com/">USAWatchdog.com</a> as he goes One-on-One with renowned lawyer and government corruption fighter, Larry Klayman, founder of <a href="https://www.freedomwatchusa.org/">FreedomWatchUSA.org,</a> as he rolls out a new organization to help Trump and the DOJ with his newly created Department of Judicial and Legal Accountability (DOLA) for 5.10.25.</p>

<p><iframe allowfullscreen="" frameborder="0" height="360" src="https://rumble.com/embed/v6r133r/?pub=4" width="640" data-sanitized-class="rumble" allow="accelerometer; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" sandbox="allow-scripts allow-same-origin"></iframe></p>

<p><em><a href="https://www.freedomwatchusa.org/donate/">To donate to FreedomWatchUSA.org so Larry Klayman can hire more attorneys to fight for the rights of all Americans being attacked by tyrannical dark forces on the Left, click here.</a></em></p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T09:00:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 05:00</span>

link:
https://www.zerohedge.com/political/its-worst-scandal-ever-judicial-watch-founder-warns-america-under-siege


guid: https://gript.ie/?p=330419
title: Taoiseach “saddened” by “heartbreaking loss”
author: ;Fatima Gunning
link: https://gript.ie/taoiseach-saddened-by-heartbreaking-loss/
hash: $�3~���T��5f��D
tags: #Featured #Irish News #Buncrana #drowning #Emmanuel Familola #Matt Sibanda
attributes: {"enclosures":[]}
content:
<div><img src="https://gript.ie/wp-content/uploads/2025/05/Boys-e1747040529763.png" data-sanitized-class="ff-og-image-inserted"></div><p><strong>Dear Reader,</strong></p>
<p>It is a simple statement of fact that if you are looking for diversity of thought in the Irish media, you will struggle to find it. That is why we founded Gript – to serve the gap in the market left by so many of our colleagues, when they decided that the job of journalists was not to challenge consensus thought, but to herd around it, and defend it fiercely.</p>
<p>If you are looking for a media outlet that blames everything on the “far right” in Ireland, then you don’t have to go far to find one. If, by contrast, you are looking for a media outlet that looks beyond that cheap sloganeering, and tries to understand and report on the real concerns held by ordinary people – and a good few prominent people, albeit privately – then that is what we try to do here.</p>
<p>But we cannot do it without your support, and your subscription.</p>
<p>We reject Government funding, because, in our view, that would be the end of our independence. The moment we did so, we would begin looking over our shoulder, and wondering if our coverage of a particular issue might lead to that money being taken away. In time – not all at once, but slowly and inexorably – we would become just another safe, consensus, state-funded voice.</p>
<p>But there’s a bargain to be struck here: If you value our independence, then you must support it. If you want us to be answerable to you, then you must take a stake in our work.</p>
<p>What we try to do here is to be open, honest, and brave. That does not mean that you will always agree with us. It does mean that there will be times when we will annoy you, and publish things you disagree with: That’s part of the deal. We are independent, not servants of one cause, or another.</p>
<p>That is what media is supposed to be, but too often in Ireland no longer is. We are trying to change that, and we need your help. I am, therefore, asking for it, and would deeply appreciate a subscription at the level you can afford.</p>
<p>With gratitude,</p>
<p><strong>John</strong></p>


guid: https://gript.ie/?p=330380
title: David Cullinane and the Trans Oath of Supremacy
author: ;John McGuirk
link: https://gript.ie/david-cullinane-and-the-trans-oath-of-supremacy/
hash: m᷽ķ*]ѡ�xf�'J
attributes: {"enclosures":[]}
content:
<div><img src="https://gript.ie/wp-content/uploads/2021/10/Cullinane.jpg" data-sanitized-class="ff-og-image-inserted"></div><p><strong>Congratulations are in order to Sinn Fein’s David Cullinane, who, like Winston Smith in George Orwell’s 1984, has won the final victory over himself.</strong></p>
<p>He loves Big Brother.</p>
<p>Per <a href="https://www.independent.ie/irish-news/courts/trans-women-are-women-says-sinn-feins-david-cullinane-as-he-backtracks-on-stance-and-joins-mary-lou-mcdonald-in-meeting-with-lgbtq-group/a447939886.html" target="_blank" rel="noopener">the Sunday Independent’s Mark Tighe:</a></p>
<blockquote readability="28">
<p><em>Sinn Féin health spokesman David Cullinane has told LGBTQ+ groups that he accepts transgender women are women in a recent private meeting where he accompanied party leader Mary Lou McDonald.</em></p>
<p><em>Last month, Mr Cullinane posted on X that he believed the UK Supreme Court ruling that the legal definition of a woman in equality law is based on biological sex was “common sense”.</em></p>
<p><em>He later deleted the post and apologised. The remarks led Trans and Intersex Pride Dublin to say Sinn Féin is banned from its annual march in July.</em></p>
<p><em>Mr Cullinane and Ms McDonald held a meeting in Dublin on May 1 with a number of groups, including LGTB Ireland, BelongTo, Pathi, Dublin Pride, Teni and representatives from Northern Ireland, who are affected by the UK ruling.</em></p>
<p><em>A source said Mr Cullinane was challenged and asked how he would feel if it was stated that he was “not a man”.</em></p>
<p><em>The TD apologised again for his comments and acknowledged that transgender women are women.</em></p>
</blockquote>
<p>The notable thing here, for my money, is that you know, dear reader, and I know, and the trans rights groups know, and Mary Lou McDonald knows, that <em>David Cullinane has not changed his views at all.</em> You simply do not go from believing, a month ago, that there are two genders and that men and women are different and not interchangeable, to believing four weeks later that “trans women are women”. That is not an intellectual journey that a normal person takes.</p>
<p>This whole business brings to mind – for me, anyway – the oath of supremacy. When Henry VIII declared himself head of the Church of England in 1534, he passed a law requiring all clergymen and public officials to take an oath of allegiance to him as head of the Church. The historical record indicates that more than a few people took that oath to avoid the penalty for refusing to take it which was, as Sir (later Saint) Thomas More found out, imprisonment and death. The simple calculation for many Englishmen who privately disapproved of the King was to agree with him in public and live, or disagree with him in public and face ruin or death.</p>
<p>We like to believe we are different, these days. That we’ve moved on. We like to believe that.</p>
<p>But of course what is the phrase “trans women are women” if not just a modern day version of the Oath of Supremacy? In order to remain a front bench member of Sinn Fein in good standing, you must take it. In fact, in order to remain a member of the broad Irish progressive left in good standing, you must take that oath. Failure to do so might not result in actual death, but social death and political consequences will surely flow your way.</p>
<p>The reasons for this are obvious: Alongside their article about Mr. Cullinane’s damascene conversion, the Sunday Independent carried results of a recent poll finding that fully 70% of Irish people agreed with Cullinane’s original heresy: They agree that the UK supreme court ruling, which essentially said “trans women are men” is “common sense”.</p>
<p>This is a not dissimilar position to the one in which Henry VIII found himself: It will have come as news to the vast majority of his subjects that everything they had known about the Christian religion for 1,500 years was false, and that the King, not the Pope, was head of the Church. If hundreds of prominent nobles and clergymen had been free to say “this idea that the King is head of the church is nonsense”, then discontent with the King might have found serious public support which might have threatened the entire project. The point of the Oath of Supremacy in 1534, just as it is today, was to whip the nobility into line and deprive the English public of political leadership capable of expressing their views.</p>
<p>For Henry VIII, switch in the LGBTQIAXYZ organisations today, and you have an almost perfect analogy. They do not need to persuade the public of their views: They need only ensure that public representatives are too frightened to <em>express</em> the public’s views.</p>
<p>The other dynamic here, of course, is – and this cannot be repeated enough – that Sinn Fein is not an ordinary political party. There is no such thing as the Sinn Fein TD who says, or would dream of feeling free to say, a sentence beginning with the words “I don’t agree with my party on everything”.</p>
<p>I have written about this before: Sinn Fein is a <a href="https://en.wikipedia.org/wiki/Democratic_centralism">democratic centralist</a> organisation. That means that policy does not come from the grassroots, flowing upwards through policy workshops and open debates. It means that policy is imposed from the top down by what in other countries would be called a politburo. David Cullinane – like any other Sinn Fein TD – is simply not free to say what he personally believes. Personal beliefs are entirely at odds with the concept of democratic centralism, in which personal views are sacrificed for the greater good of the cause.</p>
<p>It is, in fact, the very system of political organisation on which Orwell <em>based</em> 1984: Authoritarian Marxist-Leninism. When you vote for a Sinn Fein TD, you should never for a moment think that you are voting for an individual. You are voting instead for a footsoldier, bound to do the politburos will.</p>
<p>And thus, here we have David Cullinane – an intelligent and reasonable man – having to publicly announce the results of his struggle session, and his successful victory over his own conscience. You and I (and he) know that he no more believes “trans women are women” than Enoch Burke does. But he will say the magic words if the oath of supremacy demands them, and thus he may some day be a Minister, taking orders from the Sinn Fein Politburo, while Enoch remains an oddball outcast.</p>
<p>Such is how politics works in progressive Ireland. And such is how it works even more ruthlessly in Sinn Fein, that most creepy of all Ireland’s political organisations.</p>

tags:
#Comment Ireland #Comment World #Featured #Featured Picks #Highlights #Irish News #World News #David Cullinane #LGBT #Sinn Féin #Sunday Independent #Transgender


guid: 1029388 at https://www.zerohedge.com
title: Minnesota Is The Most Financially Literate State In The US
author: ;Tyler Durden
link: https://www.zerohedge.com/personal-finance/minnesota-most-financially-literate-state-us
hash: ��֝C���ߒC6�q�
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Minnesota Is The Most Financially Literate State In The US</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><strong>How well are Americans managing their money, and how does it vary between the states?</strong></p>

<p>This financial literacy map,<a href="https://www.visualcapitalist.com/mapped-financial-literacy-levels-in-all-50-u-s-states/#google_vignette"> via Visual Capitalist's Pallavi Rao, </a>attempts to answer both questions using 2025 data from <a href="https://wallethub.com/edu/most-and-least-financially-literate-states/3337">WalletHub</a>, a personal finance services company.</p>

<p>They ranked and scored states on three main benchmarks: financial education, financial planning (or consumer habits), and how Wallethub’s own users performed on their financial literacy survey.</p>

<p><em>ℹ️ These benchmarks are further subdivided into 17 metrics (credit score, savings, personal finance courses, etc.) and are weighted differently. Please read the source’s methodology section for a full breakdown.</em></p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/Financial-Literacy_web.jpg?itok=W3ARY5Zm" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/Financial-Literacy_web.jpg?itok=W3ARY5Zm"><picture><img data-entity-type="file" data-entity-uuid="a1d2eb20-74ab-47b9-aed1-ff4f007d60b7" data-responsive-image-style="inline_images" height="1370" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/Financial-Literacy_web.jpg?itok=W3ARY5Zm" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<h2>The Most Financially Savvy U.S. State</h2>

<p><strong>Minnesota</strong> is the most financially literate U.S. state with 73 points, according to WalletHub’s latest analysis.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/FinancialLiteracy_supplemental.jpg?itok=vYNCLRLK" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/FinancialLiteracy_supplemental.jpg?itok=vYNCLRLK"><picture><img data-entity-type="file" data-entity-uuid="8135bc5d-7372-4ec2-8b35-c829fc1880f9" data-responsive-image-style="inline_images" height="420" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/FinancialLiteracy_supplemental.jpg?itok=vYNCLRLK" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Here’s some sub indicators where Minnesota outperformed the rest of the country.</p>

<ul><li>High-schoolers must take at least one personal finance program.</li>
	<li>Only <strong>15%</strong> of the surveyed Minnesotans spent more than they made—the lowest across all states.</li>
	<li>Highest median credit score in the country <strong>(751)</strong>.</li>
</ul><p>And here’s how each state scores out of 100. Figures are rounded.</p>

<table data-sanitized-id="tablepress-5550" data-sanitized-class="tablepress tablepress-id-5550"><thead><tr data-sanitized-class="row-1"><th data-sanitized-class="column-1">Rank</th>
			<th data-sanitized-class="column-2">State</th>
			<th data-sanitized-class="column-3">State Code</th>
			<th data-sanitized-class="column-4">Total Score<br>
			(Out of 100)</th>
		</tr></thead><tbody data-sanitized-class="row-striping row-hover"><tr data-sanitized-class="row-2"><td data-sanitized-class="column-1">1</td>
			<td data-sanitized-class="column-2">Minnesota</td>
			<td data-sanitized-class="column-3">MN</td>
			<td data-sanitized-class="column-4">73</td>
		</tr><tr data-sanitized-class="row-3"><td data-sanitized-class="column-1">2</td>
			<td data-sanitized-class="column-2">Colorado</td>
			<td data-sanitized-class="column-3">CO</td>
			<td data-sanitized-class="column-4">69</td>
		</tr><tr data-sanitized-class="row-4"><td data-sanitized-class="column-1">3</td>
			<td data-sanitized-class="column-2">Nebraska</td>
			<td data-sanitized-class="column-3">NE</td>
			<td data-sanitized-class="column-4">69</td>
		</tr><tr data-sanitized-class="row-5"><td data-sanitized-class="column-1">4</td>
			<td data-sanitized-class="column-2">Virginia</td>
			<td data-sanitized-class="column-3">VA</td>
			<td data-sanitized-class="column-4">69</td>
		</tr><tr data-sanitized-class="row-6"><td data-sanitized-class="column-1">5</td>
			<td data-sanitized-class="column-2">Wisconsin</td>
			<td data-sanitized-class="column-3">WI</td>
			<td data-sanitized-class="column-4">68</td>
		</tr><tr data-sanitized-class="row-7"><td data-sanitized-class="column-1">6</td>
			<td data-sanitized-class="column-2">New Hampshire</td>
			<td data-sanitized-class="column-3">NH</td>
			<td data-sanitized-class="column-4">68</td>
		</tr><tr data-sanitized-class="row-8"><td data-sanitized-class="column-1">7</td>
			<td data-sanitized-class="column-2">Iowa</td>
			<td data-sanitized-class="column-3">IA</td>
			<td data-sanitized-class="column-4">67</td>
		</tr><tr data-sanitized-class="row-9"><td data-sanitized-class="column-1">8</td>
			<td data-sanitized-class="column-2">Washington</td>
			<td data-sanitized-class="column-3">WA</td>
			<td data-sanitized-class="column-4">67</td>
		</tr><tr data-sanitized-class="row-10"><td data-sanitized-class="column-1">9</td>
			<td data-sanitized-class="column-2">Vermont</td>
			<td data-sanitized-class="column-3">VT</td>
			<td data-sanitized-class="column-4">67</td>
		</tr><tr data-sanitized-class="row-11"><td data-sanitized-class="column-1">10</td>
			<td data-sanitized-class="column-2">New Jersey</td>
			<td data-sanitized-class="column-3">NJ</td>
			<td data-sanitized-class="column-4">67</td>
		</tr><tr data-sanitized-class="row-12"><td data-sanitized-class="column-1">11</td>
			<td data-sanitized-class="column-2">Maryland</td>
			<td data-sanitized-class="column-3">MD</td>
			<td data-sanitized-class="column-4">67</td>
		</tr><tr data-sanitized-class="row-13"><td data-sanitized-class="column-1">12</td>
			<td data-sanitized-class="column-2">Florida</td>
			<td data-sanitized-class="column-3">FL</td>
			<td data-sanitized-class="column-4">66</td>
		</tr><tr data-sanitized-class="row-14"><td data-sanitized-class="column-1">13</td>
			<td data-sanitized-class="column-2">Utah</td>
			<td data-sanitized-class="column-3">UT</td>
			<td data-sanitized-class="column-4">66</td>
		</tr><tr data-sanitized-class="row-15"><td data-sanitized-class="column-1">14</td>
			<td data-sanitized-class="column-2">Pennsylvania</td>
			<td data-sanitized-class="column-3">PA</td>
			<td data-sanitized-class="column-4">65</td>
		</tr><tr data-sanitized-class="row-16"><td data-sanitized-class="column-1">15</td>
			<td data-sanitized-class="column-2">Maine</td>
			<td data-sanitized-class="column-3">ME</td>
			<td data-sanitized-class="column-4">65</td>
		</tr><tr data-sanitized-class="row-17"><td data-sanitized-class="column-1">16</td>
			<td data-sanitized-class="column-2">Michigan</td>
			<td data-sanitized-class="column-3">MI</td>
			<td data-sanitized-class="column-4">65</td>
		</tr><tr data-sanitized-class="row-18"><td data-sanitized-class="column-1">17</td>
			<td data-sanitized-class="column-2">Oregon</td>
			<td data-sanitized-class="column-3">OR</td>
			<td data-sanitized-class="column-4">65</td>
		</tr><tr data-sanitized-class="row-19"><td data-sanitized-class="column-1">18</td>
			<td data-sanitized-class="column-2">North Carolina</td>
			<td data-sanitized-class="column-3">NC</td>
			<td data-sanitized-class="column-4">65</td>
		</tr><tr data-sanitized-class="row-20"><td data-sanitized-class="column-1">19</td>
			<td data-sanitized-class="column-2">Ohio</td>
			<td data-sanitized-class="column-3">OH</td>
			<td data-sanitized-class="column-4">65</td>
		</tr><tr data-sanitized-class="row-21"><td data-sanitized-class="column-1">20</td>
			<td data-sanitized-class="column-2">Indiana</td>
			<td data-sanitized-class="column-3">IN</td>
			<td data-sanitized-class="column-4">65</td>
		</tr><tr data-sanitized-class="row-22"><td data-sanitized-class="column-1">21</td>
			<td data-sanitized-class="column-2">Missouri</td>
			<td data-sanitized-class="column-3">MO</td>
			<td data-sanitized-class="column-4">65</td>
		</tr><tr data-sanitized-class="row-23"><td data-sanitized-class="column-1">22</td>
			<td data-sanitized-class="column-2">Arizona</td>
			<td data-sanitized-class="column-3">AZ</td>
			<td data-sanitized-class="column-4">64</td>
		</tr><tr data-sanitized-class="row-24"><td data-sanitized-class="column-1">23</td>
			<td data-sanitized-class="column-2">Massachusetts</td>
			<td data-sanitized-class="column-3">MA</td>
			<td data-sanitized-class="column-4">64</td>
		</tr><tr data-sanitized-class="row-25"><td data-sanitized-class="column-1">24</td>
			<td data-sanitized-class="column-2">Kansas</td>
			<td data-sanitized-class="column-3">KS</td>
			<td data-sanitized-class="column-4">64</td>
		</tr><tr data-sanitized-class="row-26"><td data-sanitized-class="column-1">25</td>
			<td data-sanitized-class="column-2">Connecticut</td>
			<td data-sanitized-class="column-3">CT</td>
			<td data-sanitized-class="column-4">64</td>
		</tr><tr data-sanitized-class="row-27"><td data-sanitized-class="column-1">26</td>
			<td data-sanitized-class="column-2">Delaware</td>
			<td data-sanitized-class="column-3">DE</td>
			<td data-sanitized-class="column-4">64</td>
		</tr><tr data-sanitized-class="row-28"><td data-sanitized-class="column-1">27</td>
			<td data-sanitized-class="column-2">North Dakota</td>
			<td data-sanitized-class="column-3">ND</td>
			<td data-sanitized-class="column-4">64</td>
		</tr><tr data-sanitized-class="row-29"><td data-sanitized-class="column-1">28</td>
			<td data-sanitized-class="column-2">West Virginia</td>
			<td data-sanitized-class="column-3">WV</td>
			<td data-sanitized-class="column-4">63</td>
		</tr><tr data-sanitized-class="row-30"><td data-sanitized-class="column-1">29</td>
			<td data-sanitized-class="column-2">Texas</td>
			<td data-sanitized-class="column-3">TX</td>
			<td data-sanitized-class="column-4">63</td>
		</tr><tr data-sanitized-class="row-31"><td data-sanitized-class="column-1">30</td>
			<td data-sanitized-class="column-2">Idaho</td>
			<td data-sanitized-class="column-3">ID</td>
			<td data-sanitized-class="column-4">63</td>
		</tr><tr data-sanitized-class="row-32"><td data-sanitized-class="column-1">31</td>
			<td data-sanitized-class="column-2">Rhode Island</td>
			<td data-sanitized-class="column-3">RI</td>
			<td data-sanitized-class="column-4">63</td>
		</tr><tr data-sanitized-class="row-33"><td data-sanitized-class="column-1">32</td>
			<td data-sanitized-class="column-2">Illinois</td>
			<td data-sanitized-class="column-3">IL</td>
			<td data-sanitized-class="column-4">62</td>
		</tr><tr data-sanitized-class="row-34"><td data-sanitized-class="column-1">33</td>
			<td data-sanitized-class="column-2">Georgia</td>
			<td data-sanitized-class="column-3">GA</td>
			<td data-sanitized-class="column-4">62</td>
		</tr><tr data-sanitized-class="row-35"><td data-sanitized-class="column-1">34</td>
			<td data-sanitized-class="column-2">Wyoming</td>
			<td data-sanitized-class="column-3">WY</td>
			<td data-sanitized-class="column-4">62</td>
		</tr><tr data-sanitized-class="row-36"><td data-sanitized-class="column-1">35</td>
			<td data-sanitized-class="column-2">New York</td>
			<td data-sanitized-class="column-3">NY</td>
			<td data-sanitized-class="column-4">61</td>
		</tr><tr data-sanitized-class="row-37"><td data-sanitized-class="column-1">36</td>
			<td data-sanitized-class="column-2">Nevada</td>
			<td data-sanitized-class="column-3">NV</td>
			<td data-sanitized-class="column-4">61</td>
		</tr><tr data-sanitized-class="row-38"><td data-sanitized-class="column-1">37</td>
			<td data-sanitized-class="column-2">South Carolina</td>
			<td data-sanitized-class="column-3">SC</td>
			<td data-sanitized-class="column-4">61</td>
		</tr><tr data-sanitized-class="row-39"><td data-sanitized-class="column-1">38</td>
			<td data-sanitized-class="column-2">Montana</td>
			<td data-sanitized-class="column-3">MT</td>
			<td data-sanitized-class="column-4">60</td>
		</tr><tr data-sanitized-class="row-40"><td data-sanitized-class="column-1">39</td>
			<td data-sanitized-class="column-2">New Mexico</td>
			<td data-sanitized-class="column-3">NM</td>
			<td data-sanitized-class="column-4">60</td>
		</tr><tr data-sanitized-class="row-41"><td data-sanitized-class="column-1">40</td>
			<td data-sanitized-class="column-2">Alabama</td>
			<td data-sanitized-class="column-3">AL</td>
			<td data-sanitized-class="column-4">60</td>
		</tr><tr data-sanitized-class="row-42"><td data-sanitized-class="column-1">41</td>
			<td data-sanitized-class="column-2">Hawaii</td>
			<td data-sanitized-class="column-3">HI</td>
			<td data-sanitized-class="column-4">60</td>
		</tr><tr data-sanitized-class="row-43"><td data-sanitized-class="column-1">42</td>
			<td data-sanitized-class="column-2">District of Columbia</td>
			<td data-sanitized-class="column-3">DC</td>
			<td data-sanitized-class="column-4">58</td>
		</tr><tr data-sanitized-class="row-44"><td data-sanitized-class="column-1">43</td>
			<td data-sanitized-class="column-2">California</td>
			<td data-sanitized-class="column-3">CA</td>
			<td data-sanitized-class="column-4">58</td>
		</tr><tr data-sanitized-class="row-45"><td data-sanitized-class="column-1">44</td>
			<td data-sanitized-class="column-2">Alaska</td>
			<td data-sanitized-class="column-3">AK</td>
			<td data-sanitized-class="column-4">58</td>
		</tr><tr data-sanitized-class="row-46"><td data-sanitized-class="column-1">45</td>
			<td data-sanitized-class="column-2">Louisiana</td>
			<td data-sanitized-class="column-3">LA</td>
			<td data-sanitized-class="column-4">58</td>
		</tr><tr data-sanitized-class="row-47"><td data-sanitized-class="column-1">46</td>
			<td data-sanitized-class="column-2">Mississippi</td>
			<td data-sanitized-class="column-3">MS</td>
			<td data-sanitized-class="column-4">58</td>
		</tr><tr data-sanitized-class="row-48"><td data-sanitized-class="column-1">47</td>
			<td data-sanitized-class="column-2">Tennessee</td>
			<td data-sanitized-class="column-3">TN</td>
			<td data-sanitized-class="column-4">58</td>
		</tr><tr data-sanitized-class="row-49"><td data-sanitized-class="column-1">48</td>
			<td data-sanitized-class="column-2">Kentucky</td>
			<td data-sanitized-class="column-3">KY</td>
			<td data-sanitized-class="column-4">57</td>
		</tr><tr data-sanitized-class="row-50"><td data-sanitized-class="column-1">49</td>
			<td data-sanitized-class="column-2">South Dakota</td>
			<td data-sanitized-class="column-3">SD</td>
			<td data-sanitized-class="column-4">56</td>
		</tr><tr data-sanitized-class="row-51"><td data-sanitized-class="column-1">50</td>
			<td data-sanitized-class="column-2">Oklahoma</td>
			<td data-sanitized-class="column-3">OK</td>
			<td data-sanitized-class="column-4">54</td>
		</tr><tr data-sanitized-class="row-52"><td data-sanitized-class="column-1">51</td>
			<td data-sanitized-class="column-2">Arkansas</td>
			<td data-sanitized-class="column-3">AR</td>
			<td data-sanitized-class="column-4">53</td>
		</tr></tbody></table><p>Meanwhile, <strong>Arkansas</strong> tested the worst, with 53 points. Its score is impacted by having the second-worst performance on WalletHub’s financial literacy survey.</p>

<p>And here’s each state’s rank within the three main benchmarks.</p>

<table data-sanitized-id="tablepress-5551" data-sanitized-class="tablepress tablepress-id-5551"><thead><tr data-sanitized-class="row-1"><th data-sanitized-class="column-1">Rank</th>
			<th data-sanitized-class="column-2">State</th>
			<th data-sanitized-class="column-3">WalletLiteracy Rank<br>
			(50% Weight)</th>
			<th data-sanitized-class="column-4">Financial Planning<br>
			Rank (25% Weight)</th>
			<th data-sanitized-class="column-5">Financial Knowledge<br>
			Rank (25% Weight)</th>
		</tr></thead><tbody data-sanitized-class="row-striping row-hover"><tr data-sanitized-class="row-2"><td data-sanitized-class="column-1">1</td>
			<td data-sanitized-class="column-2">Minnesota</td>
			<td data-sanitized-class="column-3">7</td>
			<td data-sanitized-class="column-4">2</td>
			<td data-sanitized-class="column-5">3</td>
		</tr><tr data-sanitized-class="row-3"><td data-sanitized-class="column-1">2</td>
			<td data-sanitized-class="column-2">Colorado</td>
			<td data-sanitized-class="column-3">8</td>
			<td data-sanitized-class="column-4">1</td>
			<td data-sanitized-class="column-5">20</td>
		</tr><tr data-sanitized-class="row-4"><td data-sanitized-class="column-1">3</td>
			<td data-sanitized-class="column-2">Nebraska</td>
			<td data-sanitized-class="column-3">9</td>
			<td data-sanitized-class="column-4">25</td>
			<td data-sanitized-class="column-5">6</td>
		</tr><tr data-sanitized-class="row-5"><td data-sanitized-class="column-1">4</td>
			<td data-sanitized-class="column-2">Virginia</td>
			<td data-sanitized-class="column-3">31</td>
			<td data-sanitized-class="column-4">9</td>
			<td data-sanitized-class="column-5">1</td>
		</tr><tr data-sanitized-class="row-6"><td data-sanitized-class="column-1">5</td>
			<td data-sanitized-class="column-2">Wisconsin</td>
			<td data-sanitized-class="column-3">14</td>
			<td data-sanitized-class="column-4">6</td>
			<td data-sanitized-class="column-5">14</td>
		</tr><tr data-sanitized-class="row-7"><td data-sanitized-class="column-1">6</td>
			<td data-sanitized-class="column-2">New Hampshire</td>
			<td data-sanitized-class="column-3">4</td>
			<td data-sanitized-class="column-4">8</td>
			<td data-sanitized-class="column-5">23</td>
		</tr><tr data-sanitized-class="row-8"><td data-sanitized-class="column-1">7</td>
			<td data-sanitized-class="column-2">Iowa</td>
			<td data-sanitized-class="column-3">10</td>
			<td data-sanitized-class="column-4">27</td>
			<td data-sanitized-class="column-5">15</td>
		</tr><tr data-sanitized-class="row-9"><td data-sanitized-class="column-1">8</td>
			<td data-sanitized-class="column-2">Washington</td>
			<td data-sanitized-class="column-3">12</td>
			<td data-sanitized-class="column-4">3</td>
			<td data-sanitized-class="column-5">30</td>
		</tr><tr data-sanitized-class="row-10"><td data-sanitized-class="column-1">9</td>
			<td data-sanitized-class="column-2">Vermont</td>
			<td data-sanitized-class="column-3">5</td>
			<td data-sanitized-class="column-4">20</td>
			<td data-sanitized-class="column-5">26</td>
		</tr><tr data-sanitized-class="row-11"><td data-sanitized-class="column-1">10</td>
			<td data-sanitized-class="column-2">New Jersey</td>
			<td data-sanitized-class="column-3">15</td>
			<td data-sanitized-class="column-4">29</td>
			<td data-sanitized-class="column-5">12</td>
		</tr><tr data-sanitized-class="row-12"><td data-sanitized-class="column-1">11</td>
			<td data-sanitized-class="column-2">Maryland</td>
			<td data-sanitized-class="column-3">13</td>
			<td data-sanitized-class="column-4">11</td>
			<td data-sanitized-class="column-5">22</td>
		</tr><tr data-sanitized-class="row-13"><td data-sanitized-class="column-1">12</td>
			<td data-sanitized-class="column-2">Florida</td>
			<td data-sanitized-class="column-3">37</td>
			<td data-sanitized-class="column-4">16</td>
			<td data-sanitized-class="column-5">9</td>
		</tr><tr data-sanitized-class="row-14"><td data-sanitized-class="column-1">13</td>
			<td data-sanitized-class="column-2">Utah</td>
			<td data-sanitized-class="column-3">47</td>
			<td data-sanitized-class="column-4">10</td>
			<td data-sanitized-class="column-5">2</td>
		</tr><tr data-sanitized-class="row-15"><td data-sanitized-class="column-1">14</td>
			<td data-sanitized-class="column-2">Pennsylvania</td>
			<td data-sanitized-class="column-3">26</td>
			<td data-sanitized-class="column-4">23</td>
			<td data-sanitized-class="column-5">17</td>
		</tr><tr data-sanitized-class="row-16"><td data-sanitized-class="column-1">15</td>
			<td data-sanitized-class="column-2">Maine</td>
			<td data-sanitized-class="column-3">1</td>
			<td data-sanitized-class="column-4">28</td>
			<td data-sanitized-class="column-5">40</td>
		</tr><tr data-sanitized-class="row-17"><td data-sanitized-class="column-1">16</td>
			<td data-sanitized-class="column-2">Michigan</td>
			<td data-sanitized-class="column-3">22</td>
			<td data-sanitized-class="column-4">22</td>
			<td data-sanitized-class="column-5">19</td>
		</tr><tr data-sanitized-class="row-18"><td data-sanitized-class="column-1">17</td>
			<td data-sanitized-class="column-2">Oregon</td>
			<td data-sanitized-class="column-3">46</td>
			<td data-sanitized-class="column-4">21</td>
			<td data-sanitized-class="column-5">4</td>
		</tr><tr data-sanitized-class="row-19"><td data-sanitized-class="column-1">18</td>
			<td data-sanitized-class="column-2">North Carolina</td>
			<td data-sanitized-class="column-3">35</td>
			<td data-sanitized-class="column-4">37</td>
			<td data-sanitized-class="column-5">8</td>
		</tr><tr data-sanitized-class="row-20"><td data-sanitized-class="column-1">19</td>
			<td data-sanitized-class="column-2">Ohio</td>
			<td data-sanitized-class="column-3">29</td>
			<td data-sanitized-class="column-4">43</td>
			<td data-sanitized-class="column-5">7</td>
		</tr><tr data-sanitized-class="row-21"><td data-sanitized-class="column-1">20</td>
			<td data-sanitized-class="column-2">Indiana</td>
			<td data-sanitized-class="column-3">33</td>
			<td data-sanitized-class="column-4">40</td>
			<td data-sanitized-class="column-5">10</td>
		</tr><tr data-sanitized-class="row-22"><td data-sanitized-class="column-1">21</td>
			<td data-sanitized-class="column-2">Missouri</td>
			<td data-sanitized-class="column-3">40</td>
			<td data-sanitized-class="column-4">39</td>
			<td data-sanitized-class="column-5">5</td>
		</tr><tr data-sanitized-class="row-23"><td data-sanitized-class="column-1">22</td>
			<td data-sanitized-class="column-2">Arizona</td>
			<td data-sanitized-class="column-3">18</td>
			<td data-sanitized-class="column-4">33</td>
			<td data-sanitized-class="column-5">25</td>
		</tr><tr data-sanitized-class="row-24"><td data-sanitized-class="column-1">23</td>
			<td data-sanitized-class="column-2">Massachusetts</td>
			<td data-sanitized-class="column-3">20</td>
			<td data-sanitized-class="column-4">7</td>
			<td data-sanitized-class="column-5">39</td>
		</tr><tr data-sanitized-class="row-25"><td data-sanitized-class="column-1">24</td>
			<td data-sanitized-class="column-2">Kansas</td>
			<td data-sanitized-class="column-3">11</td>
			<td data-sanitized-class="column-4">35</td>
			<td data-sanitized-class="column-5">35</td>
		</tr><tr data-sanitized-class="row-26"><td data-sanitized-class="column-1">25</td>
			<td data-sanitized-class="column-2">Connecticut</td>
			<td data-sanitized-class="column-3">50</td>
			<td data-sanitized-class="column-4">5</td>
			<td data-sanitized-class="column-5">11</td>
		</tr><tr data-sanitized-class="row-27"><td data-sanitized-class="column-1">26</td>
			<td data-sanitized-class="column-2">Delaware</td>
			<td data-sanitized-class="column-3">28</td>
			<td data-sanitized-class="column-4">15</td>
			<td data-sanitized-class="column-5">29</td>
		</tr><tr data-sanitized-class="row-28"><td data-sanitized-class="column-1">27</td>
			<td data-sanitized-class="column-2">North Dakota</td>
			<td data-sanitized-class="column-3">23</td>
			<td data-sanitized-class="column-4">13</td>
			<td data-sanitized-class="column-5">37</td>
		</tr><tr data-sanitized-class="row-29"><td data-sanitized-class="column-1">28</td>
			<td data-sanitized-class="column-2">West Virginia</td>
			<td data-sanitized-class="column-3">25</td>
			<td data-sanitized-class="column-4">47</td>
			<td data-sanitized-class="column-5">13</td>
		</tr><tr data-sanitized-class="row-30"><td data-sanitized-class="column-1">29</td>
			<td data-sanitized-class="column-2">Texas</td>
			<td data-sanitized-class="column-3">41</td>
			<td data-sanitized-class="column-4">38</td>
			<td data-sanitized-class="column-5">16</td>
		</tr><tr data-sanitized-class="row-31"><td data-sanitized-class="column-1">30</td>
			<td data-sanitized-class="column-2">Idaho</td>
			<td data-sanitized-class="column-3">39</td>
			<td data-sanitized-class="column-4">19</td>
			<td data-sanitized-class="column-5">28</td>
		</tr><tr data-sanitized-class="row-32"><td data-sanitized-class="column-1">31</td>
			<td data-sanitized-class="column-2">Rhode Island</td>
			<td data-sanitized-class="column-3">32</td>
			<td data-sanitized-class="column-4">18</td>
			<td data-sanitized-class="column-5">34</td>
		</tr><tr data-sanitized-class="row-33"><td data-sanitized-class="column-1">32</td>
			<td data-sanitized-class="column-2">Illinois</td>
			<td data-sanitized-class="column-3">27</td>
			<td data-sanitized-class="column-4">32</td>
			<td data-sanitized-class="column-5">33</td>
		</tr><tr data-sanitized-class="row-34"><td data-sanitized-class="column-1">33</td>
			<td data-sanitized-class="column-2">Georgia</td>
			<td data-sanitized-class="column-3">34</td>
			<td data-sanitized-class="column-4">44</td>
			<td data-sanitized-class="column-5">21</td>
		</tr><tr data-sanitized-class="row-35"><td data-sanitized-class="column-1">34</td>
			<td data-sanitized-class="column-2">Wyoming</td>
			<td data-sanitized-class="column-3">3</td>
			<td data-sanitized-class="column-4">30</td>
			<td data-sanitized-class="column-5">43</td>
		</tr><tr data-sanitized-class="row-36"><td data-sanitized-class="column-1">35</td>
			<td data-sanitized-class="column-2">New York</td>
			<td data-sanitized-class="column-3">24</td>
			<td data-sanitized-class="column-4">17</td>
			<td data-sanitized-class="column-5">42</td>
		</tr><tr data-sanitized-class="row-37"><td data-sanitized-class="column-1">36</td>
			<td data-sanitized-class="column-2">Nevada</td>
			<td data-sanitized-class="column-3">45</td>
			<td data-sanitized-class="column-4">31</td>
			<td data-sanitized-class="column-5">24</td>
		</tr><tr data-sanitized-class="row-38"><td data-sanitized-class="column-1">37</td>
			<td data-sanitized-class="column-2">South Carolina</td>
			<td data-sanitized-class="column-3">30</td>
			<td data-sanitized-class="column-4">34</td>
			<td data-sanitized-class="column-5">41</td>
		</tr><tr data-sanitized-class="row-39"><td data-sanitized-class="column-1">38</td>
			<td data-sanitized-class="column-2">Montana</td>
			<td data-sanitized-class="column-3">2</td>
			<td data-sanitized-class="column-4">36</td>
			<td data-sanitized-class="column-5">47</td>
		</tr><tr data-sanitized-class="row-40"><td data-sanitized-class="column-1">39</td>
			<td data-sanitized-class="column-2">New Mexico</td>
			<td data-sanitized-class="column-3">21</td>
			<td data-sanitized-class="column-4">48</td>
			<td data-sanitized-class="column-5">36</td>
		</tr><tr data-sanitized-class="row-41"><td data-sanitized-class="column-1">40</td>
			<td data-sanitized-class="column-2">Alabama</td>
			<td data-sanitized-class="column-3">44</td>
			<td data-sanitized-class="column-4">42</td>
			<td data-sanitized-class="column-5">27</td>
		</tr><tr data-sanitized-class="row-42"><td data-sanitized-class="column-1">41</td>
			<td data-sanitized-class="column-2">Hawaii</td>
			<td data-sanitized-class="column-3">19</td>
			<td data-sanitized-class="column-4">12</td>
			<td data-sanitized-class="column-5">48</td>
		</tr><tr data-sanitized-class="row-43"><td data-sanitized-class="column-1">42</td>
			<td data-sanitized-class="column-2">District of Columbia</td>
			<td data-sanitized-class="column-3">17</td>
			<td data-sanitized-class="column-4">24</td>
			<td data-sanitized-class="column-5">49</td>
		</tr><tr data-sanitized-class="row-44"><td data-sanitized-class="column-1">43</td>
			<td data-sanitized-class="column-2">California</td>
			<td data-sanitized-class="column-3">42</td>
			<td data-sanitized-class="column-4">4</td>
			<td data-sanitized-class="column-5">46</td>
		</tr><tr data-sanitized-class="row-45"><td data-sanitized-class="column-1">44</td>
			<td data-sanitized-class="column-2">Alaska</td>
			<td data-sanitized-class="column-3">6</td>
			<td data-sanitized-class="column-4">14</td>
			<td data-sanitized-class="column-5">51</td>
		</tr><tr data-sanitized-class="row-46"><td data-sanitized-class="column-1">45</td>
			<td data-sanitized-class="column-2">Louisiana</td>
			<td data-sanitized-class="column-3">43</td>
			<td data-sanitized-class="column-4">49</td>
			<td data-sanitized-class="column-5">32</td>
		</tr><tr data-sanitized-class="row-47"><td data-sanitized-class="column-1">46</td>
			<td data-sanitized-class="column-2">Mississippi</td>
			<td data-sanitized-class="column-3">36</td>
			<td data-sanitized-class="column-4">51</td>
			<td data-sanitized-class="column-5">31</td>
		</tr><tr data-sanitized-class="row-48"><td data-sanitized-class="column-1">47</td>
			<td data-sanitized-class="column-2">Tennessee</td>
			<td data-sanitized-class="column-3">49</td>
			<td data-sanitized-class="column-4">41</td>
			<td data-sanitized-class="column-5">38</td>
		</tr><tr data-sanitized-class="row-49"><td data-sanitized-class="column-1">48</td>
			<td data-sanitized-class="column-2">Kentucky</td>
			<td data-sanitized-class="column-3">51</td>
			<td data-sanitized-class="column-4">45</td>
			<td data-sanitized-class="column-5">18</td>
		</tr><tr data-sanitized-class="row-50"><td data-sanitized-class="column-1">49</td>
			<td data-sanitized-class="column-2">South Dakota</td>
			<td data-sanitized-class="column-3">16</td>
			<td data-sanitized-class="column-4">26</td>
			<td data-sanitized-class="column-5">50</td>
		</tr><tr data-sanitized-class="row-51"><td data-sanitized-class="column-1">50</td>
			<td data-sanitized-class="column-2">Oklahoma</td>
			<td data-sanitized-class="column-3">38</td>
			<td data-sanitized-class="column-4">50</td>
			<td data-sanitized-class="column-5">45</td>
		</tr><tr data-sanitized-class="row-52"><td data-sanitized-class="column-1">51</td>
			<td data-sanitized-class="column-2">Arkansas</td>
			<td data-sanitized-class="column-3">48</td>
			<td data-sanitized-class="column-4">46</td>
			<td data-sanitized-class="column-5">44</td>
		</tr></tbody></table><p>There’s some further insights to explain some noticeable geographic trends.</p>

<ul><li>Colorado and Nebraska also require personal finance education in high school.</li>
	<li>Kentucky, Oklahoma, and Arkansas have the lowest share of adults with emergency cash.</li>
	<li>A higher share of Southern state residents borrow from non-bank lenders, affecting their financial planning score.</li>
</ul><h2>The Overlooked Part of Financial Literacy: Managing Debt</h2>

<p>While investing in the markets is all the rage—particularly with the rise of no-fee platforms—WalletHub’s benchmarks prioritize an often overlooked part of money management: debt.</p>

<p>America’s credit card debt collectively <a href="https://www.visualcapitalist.com/visualizing-americas-1-trillion-credit-card-debt/">crossed $1 trillion</a> in 2023, and it’s only been growing since.</p>

<p>On average, American households have about $5,000 in <a href="https://www.visualcapitalist.com/mapped-the-average-credit-card-debt-in-every-u-s-state-2024/">outstanding credit card balances</a>, which can take anywhere between one to two years to pay off depending on monthly incomes.</p>

<p>Of course, managing expenditures to avoid or reduce debt has been particularly difficult in the multiple years of post-pandemic inflation.</p>

<p><em>Need more money management insights about the United States? Check out: <a href="https://www.voronoiapp.com/money/-Swipe-to-See-How-Much-Cash-Americans-Have-in-the-Bank-by-State-4685">America’s Average Bank Account Balance, by State</a> for a quick overview.</em></p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T09:45:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 05:45</span>


title: Des policiers soupçonnés de fuite dans le vol de données chez Desjardins
content: <p>Des policiers pourraient eux-mêmes se retrouver au banc des accusés.</p>
hash: �׏l����c,�})To
guid:
https://ici.radio-canada.ca/nouvelle/2164106/des-policiers-soupconnes-de-fuite-dans-le-vol-de-donnees-chez-desjardins

link:
https://ici.radio-canada.ca/nouvelle/2164106/des-policiers-soupconnes-de-fuite-dans-le-vol-de-donnees-chez-desjardins

attributes:
{"enclosures":[{"url":"https://images.radio-canada.ca/q_auto,w_635,h_357/v1/ici-info/16x9/desjardins-caisse-populaire-banque-institution-financiere-32211.jpg","type":"image/jpeg","length":0}]}


guid: https://gript.ie/?p=330426
title: Trump vows to slash drug prices by up to 80%
author: ;Ben Scallan
link: https://gript.ie/trump-vows-to-slash-drug-prices-by-up-to-80/
hash: �g2."��< �u�Z��
tags: #Featured #Irish News #Ben Scallan #Donald Trump #Pharmaceutical #United States
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content:
<div><img src="https://gript.ie/wp-content/uploads/2025/05/Donald-Trump-United-States.jpg" data-sanitized-class="ff-og-image-inserted"></div><p><strong>Dear Reader,</strong></p>
<p>It is a simple statement of fact that if you are looking for diversity of thought in the Irish media, you will struggle to find it. That is why we founded Gript – to serve the gap in the market left by so many of our colleagues, when they decided that the job of journalists was not to challenge consensus thought, but to herd around it, and defend it fiercely.</p>
<p>If you are looking for a media outlet that blames everything on the “far right” in Ireland, then you don’t have to go far to find one. If, by contrast, you are looking for a media outlet that looks beyond that cheap sloganeering, and tries to understand and report on the real concerns held by ordinary people – and a good few prominent people, albeit privately – then that is what we try to do here.</p>
<p>But we cannot do it without your support, and your subscription.</p>
<p>We reject Government funding, because, in our view, that would be the end of our independence. The moment we did so, we would begin looking over our shoulder, and wondering if our coverage of a particular issue might lead to that money being taken away. In time – not all at once, but slowly and inexorably – we would become just another safe, consensus, state-funded voice.</p>
<p>But there’s a bargain to be struck here: If you value our independence, then you must support it. If you want us to be answerable to you, then you must take a stake in our work.</p>
<p>What we try to do here is to be open, honest, and brave. That does not mean that you will always agree with us. It does mean that there will be times when we will annoy you, and publish things you disagree with: That’s part of the deal. We are independent, not servants of one cause, or another.</p>
<p>That is what media is supposed to be, but too often in Ireland no longer is. We are trying to change that, and we need your help. I am, therefore, asking for it, and would deeply appreciate a subscription at the level you can afford.</p>
<p>With gratitude,</p>
<p><strong>John</strong></p>


guid: https://gript.ie/?p=330393
title: The Government’s strange muddle over neutrality
author: ;John McGuirk
link: https://gript.ie/the-governments-strange-muddle-over-neutrality/
hash: �/����Ŗto!�e�
attributes: {"enclosures":[]}
content:
[unable to retrieve full-text content]<p>Abolish the Triple Lock so we can do...... what, exactly?</p>
<p>The post <a href="https://gript.ie/the-governments-strange-muddle-over-neutrality/">The Government’s strange muddle over neutrality</a> appeared first on <a href="https://gript.ie/">Gript</a>.</p>

tags:
#Comment Ireland #Comment World #Featured #Featured Picks #Highlights #Irish News #Premium #World News #defence #EU #Fine Gael #lebanon #NATO #neutrality #simon harris #UNIFIL


guid: yt:video:UTYxebDAr7I
title: Diplomacy Makes a Comeback
author: ;The LaRouche Organization
link: https://www.youtube.com/watch?v=UTYxebDAr7I
hash: �N "Q/�A�����D
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guid: 1029462 at https://www.zerohedge.com
title: Border Then Vs. Now: Videos Prove Flood Of Illegals Was Intentional
author: ;Tyler Durden
link: https://www.zerohedge.com/political/border-then-vs-now-videos-prove-flood-illegals-was-intentional
hash: ]ֆ <�q�Z�W_����
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Border Then Vs. Now: Videos Prove Flood Of Illegals Was Intentional</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><a href="https://modernity.news/2025/05/11/border-then-vs-now-videos-prove-flood-of-illegals-was-intentional"><em>Authored by Steve Watson via Modernity.news,</em></a></p>

<p><strong>The Border Patrol posted footage of a massive processing facility on the southern border that has been dismantled, but just a few months ago was heaving with thousands of illegal aliens, proving conclusively that the flow could have been stopped at any time.</strong></p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/border_12.jpg?itok=4NGjXAP_" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/border_12.jpg?itok=4NGjXAP_"><picture><img data-entity-type="file" data-entity-uuid="d0d6378b-e88b-4e63-849d-87904b32af63" data-responsive-image-style="inline_images" height="281" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/border_12.jpg?itok=4NGjXAP_" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>The videos show the huge area in Texas previously manned by the Del Rio sector teeming with activity in December 2023, then sitting virtually unused in February 2025, before being taken down and removed earlier this month, leaving just an empty field.</p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">Border Patrol just posted this epic before vs after video <a href="https://t.co/EcQHbxvBEF">pic.twitter.com/EcQHbxvBEF</a></p>
— End Wokeness (@EndWokeness) <a href="https://twitter.com/EndWokeness/status/1920665777600094450?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote>
<p>Are we supposed to believe that this couldn’t have also been actioned in the past four years?</p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">All it took was a real POTUS <a href="https://t.co/wZgKmzdRju">https://t.co/wZgKmzdRju</a></p>
— Joseph DeSouza (@Joe_DeSouza) <a href="https://twitter.com/Joe_DeSouza/status/1920841004220887497?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote>
<p>It proves beyond a shadow of a doubt what whoever was really running the country under Biden was really up to.</p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">Visual evidence of how the Marxist left Democrats hate the US, you, and your children's future. <a href="https://t.co/nOSx7K85dL">https://t.co/nOSx7K85dL</a></p>
— John Doe by choice (@Mulvasbane) <a href="https://twitter.com/Mulvasbane/status/1920845192619299071?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote>
<p>And they lied about not being able to stop it.</p>

<blockquote data-conversation="none" data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">Proof that <a href="https://twitter.com/JoeBiden?ref_src=twsrc%5Etfw">@JoeBiden</a> <a href="https://twitter.com/KamalaHarris?ref_src=twsrc%5Etfw">@KamalaHarris</a> <a href="https://twitter.com/HouseDemocrats?ref_src=twsrc%5Etfw">@HouseDemocrats</a> &amp; <a href="https://twitter.com/SenateDems?ref_src=twsrc%5Etfw">@SenateDems</a> were LYING for 4 years about needing legislation to stop illegal border crossings. All it took was a <a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a> willing to do it.</p>
— 🇺🇸 #IAmTheNRA Rosenblum (@StevenRosenblum) <a href="https://twitter.com/StevenRosenblum/status/1920901543034855802?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote>
<p>There are people, no matter if they were figureheads and didn’t hold real authority, who should be held accountable and punished accordingly.</p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">So, Mayorkas vs Noem no comparison.<br><br>
When will Mayorkas be indicted <a href="https://t.co/6aw9AItdYx">https://t.co/6aw9AItdYx</a></p>
— Rita Real (@ritareal) <a href="https://twitter.com/ritareal/status/1920748707261137099?ref_src=twsrc%5Etfw">May 9, 2025</a></blockquote>
<p>Since Trump took office encounters of illegals at the U.S.-Mexico border have significantly decreased. Data indicates that in February 2025, Border Patrol arrested 8,300 migrants, the lowest monthly level since 2000. In March 2025, encounters dropped further to 7,000, the fewest since monthly records began in 2000.</p>

<p>In contrast, the peak of migrant encounters under President Joe Biden occurred in December 2023, with approximately 370,000 encounters, or about 12,000 per day.</p>

<p>This reflects a roughly 95% reduction in daily encounters under Trump’s initial months compared to Biden’s peak.</p>

<p>Additionally, “gotaways” (migrants not apprehended) have reportedly decreased significantly under Trump, with a daily average of 77 over a 21-day period in early 2025, compared to 1,837 daily under Biden in fiscal year 2023.</p>

<p>*  *  *</p>

<p><em>Your support is crucial in helping us defeat mass censorship. Please consider donating via <a href="https://pauljosephwatson.locals.com/support" rel="noreferrer noopener" target="_blank">Locals</a> or check out our unique <a href="https://www.modernity.news/shop" rel="noreferrer noopener" target="_blank">merch</a>. Follow us on X <a href="https://x.com/modernitynews" rel="noreferrer noopener" target="_blank">@ModernityNews</a></em>.</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T10:30:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 06:30</span>


guid: https://gript.ie/?p=330433
title: Girl attacked in Parnell Sq in non-mainstream school
author: ;Maria Maynes
link: https://gript.ie/update-on-little-girl-6-injured-in-parnell-sq-attack/
hash: '���6w姒]���
tags: #Irish News #Dublin Stabbing #Parnell Square #Parnell Square attack
attributes: {"enclosures":[]}
content:
<div><img src="https://gript.ie/wp-content/uploads/2025/05/IMG_2431.png" data-sanitized-class="ff-og-image-inserted"></div><p><strong>The young girl who was grievously injured during the knife attack outside her school in Parnell Square in November 2023 is now attending a non-mainstream school who are going “above and beyond” for the child, her family have revealed</strong></p>
<p><span>The child, who has not been named for privacy reasons, now attends a non-mainstream school full time, her family <a href="https://www.gofundme.com/f/k54tan-roisin?modal=updates">said in an update to their Go Fund Me page</a>, as they paid tribute to the “very special” institution, and staff who are helping their little girl. </span></p>
<p><span>Two other children and a “heroic” crèche worker who intervened to protect the children were also injured in the attack in Parnell Square East on November 23 2023.</span></p>
<p><span>Last year, the family of the little girl shared the reality of her long road to recovery, after revealing she had suffered “life-changing” injuries, including an acquired brain injury.</span></p>
<p><span>Speaking to the Irish Independent in 2024, the girl’s mother revealed that her daughter, who had just started junior infants at the time of the attack, is non-verbal and cannot walk. She is fed through a PEG tube and needs ­constant care.</span></p>
<p><span>“The little girl we knew died that day,” her mother Nicola said at the time. “She did die. So, on November 23, we’re going to celebrate her second birth. Her rebirth. I think that the important thing is to know there is there is hope and there is beauty and there is love.”</span></p>
<p><span>The child, who has been named as Emily, had spent 281 days in CHI Temple Street before being discharged from hospital.</span></p>
<blockquote readability="18.853564547206">
<p><span>“It has been a while since I have posted anything, but time elapses so quickly when you are fully immersed in everyday life,” the family said in a</span> <a href="https://www.gofundme.com/f/k54tan-roisin?modal=updates"><span>note</span></a> <span>posted in recent days to the fundraiser which was launched to help them in the aftermath of the attack.</span></p>
<p><span>“For us who see our angel warrior every day, it is more difficult to notice advances and changes in her, but for those who see her less often, her progress is clear,” the family, who have not gone public but have been interviewed in the Irish media, said.</span></p>
</blockquote>
<p><span>“She has been attending school full-time. She is not attending mainstream school, just to clarify. The staff at this very special institution have gone above and beyond (in our eyes) to make our little girl feel part of the group, even after joining mid-school year. We are forever grateful to the love and dedication everyone has shown her.”</span></p>
<p><span>They also said that their daughter has been attempting different sounds (some nasal ones), and “moving her arms with more intent,” adding: “Her happiness is infectious.”</span></p>
<p><span>“We have had some challenging days; we all go through them, even if we wouldn’t like a 6-year-old to have to. </span></p>
<blockquote readability="10">
<p><span>“As summer approaches, we are so happy to be able to spend it at home, hoping to spend days outdoors, smell the warm air, enjoy the sun and the sea.”</span></p>
</blockquote>
<p><span>They also unformed the public that there are “more updates to come.”</span></p>
<p><span>A man has been charged in relation to the incident. His case is currently before the Circuit Criminal Court, with the Dublin court informed last month that four months would be needed to complete a psychiatric report on the accused. Riad Bouchaker, 50, of no fixed address, is accused of trying to murder two girls and a boy. Bouchaker, who is originally from Algeria, faces eight charges in relation to the incident. </span></p>
<p><span>He is also accused of causing serious harm to a care worker, and assault causing harm to another male child and a girl, as well as the production of a 36cm kitchen knife. Additionally, he is charged with assault causing harm to a French national. </span></p>
<p><span>Last month, Mr. Justice Paul McDermott heard that a neuro-psychological report in respect of the accused is being compiled by Dr. Mary Davoren but has been delayed due to “access to the prison” as well as access to “an interpreter”.</span></p>


guid: 1029590 at https://www.zerohedge.com
title: U.S., China Reach Agreement To Lower Tariffs In 90-Day Cool-Off Period
author: ;Tyler Durden
link: https://www.zerohedge.com/markets/us-china-reach-agreement-lower-tariffs-90-day-cool-period
hash: JO웚��>y~{���A
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">U.S., China Reach Agreement To Lower Tariffs In 90-Day Cool-Off Period</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><strong>Update (0958ET):</strong></p>

<p>During a Monday morning press conference, President Trump told reporters that trade negotiations have led to a "total reset" in U.S.-China relations. He added that he may speak with President Xi Jinping later this week.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/2025-05-12_09-58-14.png?itok=wGjhyGAE" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2025-05-12_09-58-14.png?itok=wGjhyGAE"><picture><img data-entity-type="file" data-entity-uuid="ab46353e-ad75-40b5-9f96-b9c53ea3054a" data-responsive-image-style="inline_images" height="269" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2025-05-12_09-58-14.png?itok=wGjhyGAE" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>More headlines from Trump's press conference (courtesy of Bloomberg):</p>

<ul><li>
	<p><strong><em>TRUMP: Total Reset With China</em></strong></p>
	</li>
	<li>
	<p><em>TRUMP: No Decoupling With China</em></p>
	</li>
	<li>
	<p><em>TRUMP: Doesn’t Include Cars, Steel, Aluminum</em></p>
	</li>
	<li>
	<p><strong><em>TRUMP: Will Speak to Xi Maybe at End of Week</em></strong></p>
	</li>
	<li>
	<p><em>TRUMP: China Deal 'Not the Easiest Thing to Paper'</em></p>
	</li>
</ul><blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">.<a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a>: "Yesterday, we achieved a total reset with China. After productive talks in Geneva, both sides now agree to reduce the tariffs imposed after April 2nd to 10% for 90 days as negotiators continue on the largest structural issues." <a href="https://t.co/Jd6tkHo5eC">pic.twitter.com/Jd6tkHo5eC</a></p>
— Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1921928176286020061?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
<p> </p>

<p>*   *   * </p>

<p><strong>Update (0812ET):</strong></p>

<p>U.S. Treasury Secretary Scott Bessent appeared on Bloomberg TV to discuss the newly announced 90-day suspension of most tariffs between the United States and China.</p>

<p>Below is a summary of key takeaways from the interview, as reported by Bloomberg:</p>

<ul><li>
	<p><em>BESSENT: BOTH SIDES AGREE WE DON’T WANT GENERALIZED DECOUPLING</em></p>
	</li>
	<li>
	<p><em>BESSENT: PHASE ONE TRADE DEAL WITH CHINA OFFERED A TEMPLATE</em></p>
	</li>
	<li>
	<p><em>BESSENT: WILL SEE WHERE THE FINAL CHINA RECIPROCAL TARIFF ENDS</em></p>
	</li>
	<li>
	<p><em>BESSENT: CURRENT TARIFF LEVEL FOR CHINA IS A ‘FLOOR’</em></p>
	</li>
	<li>
	<p><em>BESSENT: APRIL 2 LEVEL WOULD BE A CEILING FOR CHINA</em></p>
	</li>
	<li>
	<p><em>BESSENT: NOW HAVE A PROCESS IN PLACE TO AVOID CHINA ESCALATION</em></p>
	</li>
	<li>
	<p><em>BESSENT: IMPLAUSIBLE TARIFFS ON CHINA GO BELOW 10%</em></p>
	</li>
	<li>
	<p><em><strong>BESSENT: WANT TO SEE CHINA BOOST CONSUMPTION, OPEN THEIR MARKET</strong></em></p>
	</li>
	<li>
	<p><em>BESSENT: CHINA MET PHASE-ONE OBLIGATIONS UNTIL BIDEN NEGLECT</em></p>
	</li>
	<li>
	<p><em>BESSENT: ESCALATORY TARIFFS WERE LIKE US–CHINA EMBARGO</em></p>
	</li>
	<li>
	<p><em>BESSENT: CAN ALWAYS GO BACK TO APRIL 2 LEVEL FOR CHINA TARIFFS</em></p>
	</li>
	<li>
	<p><em>BESSENT: SEE PHONE CALL BEFORE MEETING FOR TRUMP AND XI</em></p>
	</li>
	<li>
	<p><em><strong>BESSENT: IF CHINA ACTS, PERHAPS FENTANYL TARIFF COULD COME DOWN</strong></em></p>
	</li>
	<li>
	<p><em>BESSENT: NOT PUSHING FOR DEATH PENALTY ON FENTANYL PRODUCTION</em></p>
	</li>
</ul><p><a data-image-external-href="https://store.zerohedge.com/neuro-ignite/" data-image-href="https://store.zerohedge.com/neuro-ignite/" data-link-option="2" href="https://store.zerohedge.com/neuro-ignite/"><picture><img data-entity-type="file" data-entity-uuid="c91aa2e8-37a2-49ac-bcd8-726d8264d469" data-responsive-image-style="inline_images" height="128" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/neuro%20ignite%20taurine_1.JPG?itok=Y8xk7xVl" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>*   *   * </p>

<p>China and the U.S. moved to ease trade tensions early Monday, agreeing to a temporary 90-day reduction in reciprocal tariffs on each other's goods, according to a <a href="https://x.com/rapidresponse47/status/1921864745155543214?s=46">joint statement</a> released by both governments on X. The accord, viewed as a breakthrough in a multi-month trade war between the world's two largest economies, helped spark a rally in global markets: S&amp;P 500 futures rose 3%, while Nasdaq futures gained 4%. European markets also advanced, and the U.S. dollar strengthened. U.S. government bonds sold as investors rotated back into equities and other risk-sensitive assets. </p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="zxx" xml:lang="zxx"><a href="https://t.co/NXlayMvBWE">https://t.co/NXlayMvBWE</a></p>
— Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1921864745155543214?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
<p>The joint statement said that the U.S. will reduce levies on most Chinese imports from 145% to 30% by Wednesday. </p>

<p>Here's a summary of the U.S. actions:</p>

<blockquote>
<p><em>The United States will remove the additional tariffs it imposed on China on April 8 and April 9, 2025, but will retain all duties imposed on China prior to April 2, 2025, including Section 301 tariffs, Section 232 tariffs, tariffs imposed in response to the fentanyl national emergency invoked pursuant to the International Emergency Economic Powers Act, and Most Favored Nation tariffs.</em></p>

<ul><li>
	<p><em>The United States will suspend its 34% reciprocal tariff imposed on April 2, 2025 for 90 days, but retain a 10% tariff during the period of the pause. </em></p>
	</li>
	<li>
	<p><em>The 10% tariff continues to set a fair baseline that encourages domestic production, strengthens our supply chains and ensures that American trade policy supports American workers first, instead of undercutting them. </em></p>
	</li>
	<li>
	<p><em>By imposing reciprocal tariffs, President Trump is ensuring our trade policy works for the American economy, addresses our national emergency brought on by our growing and persistent trade deficit, and levels the playing field for American workers and producers. </em></p>
	</li>
	<li>
	<p><em>Unlike previous administrations, President Trump took a tough, uncompromising stance on China to protect American interests and stop unfair trade practices.</em></p>
	</li>
</ul></blockquote>

<p>The breakthrough in the talks also led to China reducing its 125% tariff on U.S. goods to 10%. </p>

<p>Here's a summary of the Chinese actions:</p>

<blockquote>
<p><em>China will remove the retaliatory tariffs it announced since April 4, 2025, and will also suspend or remove the non-tariff countermeasures taken against the United States since April 2, 2025.</em></p>

<ul><li><em>China will also suspend its initial 34% tariff on the United States it announced on April 4, 2025 for 90 days, but will retain a 10% tariff during the period of the pause.</em></li>
</ul></blockquote>

<p>The joint statement indicated that Monday's agreement would pave the way for further negotiations between senior officials. On the U.S. side, talks are being led by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, while Vice Premier He Lifeng will represent China... </p>

<blockquote>
<p><em>After taking the aforementioned actions, the Parties will establish a mechanism to continue discussions about economic and trade relations. The representative from the Chinese side for these discussions will be He Lifeng, Vice Premier of the State Council, and the representatives from the U.S. side will be Scott Bessent, Secretary of the Treasury, and Jamieson Greer, United States Trade Representative. These discussions may be conducted alternately in China and the United States, or a third country upon agreement of the Parties. As required, the two sides may conduct working-level consultations on relevant economic and trade issues.</em></p>
</blockquote>

<p>The White House wrote on X that these trade talks will address America's trade imbalances:</p>

<ul><li>
	<p><em>The U.S. goods trade deficit with China was $295.4 billion in 2024—the largest with any trading partner. </em></p>
	</li>
	<li>
	<p><em>Today's agreement works toward addressing these imbalances to deliver real, lasting benefits to American workers, famers, and businesses.</em></p>
	</li>
</ul><p>The talks also addressed the ongoing fentanyl crisis.</p>

<ul><li><em>The United States and China will take aggressive actions to stem the flow of fentanyl and other precursors from China to illicit drug producers in North America.</em></li>
</ul><blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="zxx" xml:lang="zxx"><a href="https://t.co/xHkmdojKE7">https://t.co/xHkmdojKE7</a></p>
— Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1921869405715087499?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
<p>Shortly after the joint statement was released, Bessent, who led the American delegation at the talks, told reporters in Geneva that both sides have "substantially moved down the tariff levels" and "neither side wants a decoupling." </p>

<p>"We had a very robust and productive discussion on steps forward on fentanyl," Bessent added, pointing out that those talks might lead to "purchasing agreements" by China.</p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">.<a href="https://twitter.com/SecScottBessent?ref_src=twsrc%5Etfw">@SecScottBessent</a>: "We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%." <a href="https://t.co/Jxdd11U83s">pic.twitter.com/Jxdd11U83s</a></p>
— Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1921866107452846100?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
<p>Commenting on markets, Benedicte Lowe, an equity and derivatives strategist at BNP Paribas Markets 360, told Bloomberg TV that "deescalation was much better than expected by the market" and "for the next couple of days I would expect a bullish environment in the global equity market."</p>

<p>Last week, President Trump floated the "<a href="https://www.zerohedge.com/markets/us-poised-drastically-cut-china-tariffs-soon-next-week-nypost-reports">80% Tariff on China seems right</a>!" trial balloon on Truth Social, noting that the final decision rests with Bessent.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/2025-05-09_07-38-11.png?itok=u64T7-jD" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2025-05-09_07-38-11.png?itok=u64T7-jD"><picture><img data-entity-type="file" data-entity-uuid="28466860-7fbc-4b3a-9c61-50193066371f" data-responsive-image-style="inline_images" height="190" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2025-05-09_07-38-11.png?itok=u64T7-jD" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>"In our view, equity markets are returning to where they would have moved to if Liberation Day had not happened and Trump had just applied the 10% universal tariff," said Roberto Scholtes, head of strategy at Singular Bank. </p>

<p>Scholtes noted, "Corporate fundamentals are healthy, first quarter results have substantially surprised on the upside, and there's plenty of cash to be invested."</p>

<p>"This deescalation is much more positive than anticipated (GSe: 54% U.S. on China tariffs and 34% China on U.S. tariffs) and the market is reacting as such. We are seeing a clear reversal in short USD positions as U.S. recession risks reduce (GSe was 45%!) and risk-on sentiment rises. DXY rallied over 1%, S&amp;P futures surged 3%, 10y UST rose to 4.43%, gold tumbled ~3%," Goldman analyst Yichin Tsai told clients. </p>

<p>S&amp;P 500 futures are up 3%, and Nasdaq futures are up 4%. European stocks are in the green. </p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/Snag_85fe186d.png?itok=VWPDKTnf" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/Snag_85fe186d.png?itok=VWPDKTnf"><picture><img data-entity-type="file" data-entity-uuid="11e4d3b1-dd06-478a-b1d6-7cc017b9f615" data-responsive-image-style="inline_images" height="364" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/Snag_85fe186d.png?itok=VWPDKTnf" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>The move toward lower tariffs and easing trade tensions between the world's two largest economies follows Sunday's negotiations, during which both sides reported making "<a href="https://www.zerohedge.com/political/bessent-says-us-china-made-substantial-progress-deal-after-very-constructive-2-days">substantial progress</a>."</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T18:45:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 14:45</span>


guid: 1029594 at https://www.zerohedge.com
title: Russia, Ukraine Exchange Large-Scale Drone Fire Despite Plan For Istanbul Peace Talks
author: ;Tyler Durden
hash: �ʺW�Zj����D�
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Russia, Ukraine Exchange Large-Scale Drone Fire Despite Plan For Istanbul Peace Talks</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>"Our top priority remains bringing an end to the fighting and an immediate ceasefire," the State Department said Sunday concerning the war in Ukraine.</p>

<p>And yet the overnight exchanges of fire, especially drone attacks on a large scale, <strong>doesn't suggest the warring sides are actually any closer to ceasefire</strong>, despite that over the weekend President Putin proposed negotiations in Istanbul on May 15, and Zelensky responded by saying he's willing to fly to Turkey to meet with Putin <a href="https://www.zerohedge.com/geopolitical/zelensky-ready-meet-putin-after-russias-call-istanbul-peace-talks-thursday">"personally"</a>.</p>

<p>"I hope that this time, Putin won’t be looking for excuses as to why he 'can’t' make it. <strong>We are ready to talk, to end this war</strong>," Zelensky stated on X Sunday. "Thursday. Türkiye. <strong>President Trump has expressed support</strong>. All the leaders support this."</p>

<p>Ukraine's Air Force <a href="https://t.me/kpszsu/34249" title="said">said</a> early Monday that Russia launched dozens of drones across Ukraine overnight. A statement detailed that at least 108 UAVs were sent, which included mostly Iranian-made Shahed drones. "An additional 30 enemy decoy drones were lost due to location failure, with no negative consequences," it sated.</p>

<p>The military <a href="https://kyivindependent.com/russia-launched-overnight-drone-attack-across-ukraine/">said</a> it <strong>intercepted 60 of the Iranian suicide drones</strong> across the eastern, northern, southern, and central regions of the country - which suggests many still hit their targets.</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/ukrdefense1.jpeg?itok=iSzqF5uA" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/ukrdefense1.jpeg?itok=iSzqF5uA"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="b9e4f16c-cb17-43f3-8b2f-62a1c03a0aa1" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/ukrdefense1.jpeg?itok=iSzqF5uA" typeof="foaf:Image" width="500"><figcaption><em>Source: ;Sumy Oblast Military Administration/Telegram</em></figcaption></figure></picture></a>

<p>Emergency authorities <a href="https://kyivindependent.com/russian-attacks-may-12/" title="said">indicated</a> that at least <strong>22 people were injured the attacks</strong>, along with damage in <strong>Odesa, Mykolaiv, Donetsk and Zhytomyr</strong> regions.</p>

<p>Things had been relatively quiet since Friday, given Moscow's unilaterally declared 72-hour ceasefire in observance of WW2 Victory Day events, which went off without incident. Ukraine had seemed to hold to the ceasefire at least by not sending large numbers of drones on Russia, as was the case last week in the days leading up to Friday.</p>

<p>Also, the leaders of Britain, France, Germany and Poland were in Kiev Sunday for solidarity and talks with Ukrainian President Volodymyr Zelensky. European leaders urged a show of support to Zelensky at a moment some 29 world leaders were in Moscow for the Red Square V-Day parade, including China's Xi and Brazil's Lula.</p>

<p>Ukraine and its backers, the United States among them, <strong>want an immediate 30-day ceasefire</strong>. President Trump is turning up the pressure and expressing frustration with the slowness of dialogue.</p>

<p>"President Putin of Russia doesn’t want to have a Cease Fire Agreement with Ukraine, but rather wants to meet on Thursday in Turkey to negotiate a possible end to the BLOODBATH," Trump wrote Sunday on his Truth Social platform.</p>

<p>He <strong>insisted that Putin and Zelensky should meet directly</strong>, even they prove not yet ready to reach any level of compromise. "At least they will be able to determine whether or not a deal is possible, and if it is not, European leaders, and the U.S., will know where everything stands, and can proceed accordingly!" -Trump wrote.</p>

<p>Meanwhile, drones didn't just go one way overnight, but Russian officials in southern border regions say <strong>Ukrainian forces launched multiple drone and missile attacks on Belgorod and Kursk oblasts</strong>, resulting in injuries to civilians and damaged property and infrstructure.</p>

<p data-end="495" data-start="172">A missile hit the town of Rylsk in Kursk Region on Sunday, the region's governor reported. "Two men suffered serious shrapnel wounds to the head and arms, as well as bone fractures – they are in critical condition. A woman received shrapnel wounds to the forearm and thigh, but her life is not in danger," regional head Aleksandr Khinshtein has been quoted as <a href="https://www.rt.com/russia/617402-ukrainian-drones-kursk-belgorod/">describing</a>. </p>

<p data-end="495" data-start="172">Additionally Belgorod Governor Vyacheslav Gladkov said of a Ukrainian drone assault, "One woman was injured when a first-person view (FPV) drone <strong>struck her moving car</strong> on the Krasny Oktyabr-Bessonovka road."</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/belgorodcarhit.png?itok=LSbeQvMx" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/belgorodcarhit.png?itok=LSbeQvMx"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="fe6a8ee1-99f9-45ee-9c10-192a7c6bcf5b" data-responsive-image-style="inline_images" height="281" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/belgorodcarhit.png?itok=LSbeQvMx" typeof="foaf:Image" width="500"><figcaption><em>A civilian car hit by drone in Russia's Belgorod region on Sunday. via Telegram</em></figcaption></figure></picture></a>

<p data-end="495" data-start="172">As for Putin's declared V-Day ceasefire, Moscow is still alleging that Ukraine broke it. "During Russian President Vladimir Putin’s unilaterally declared Victory Day truce from May 8 to May 11, Ukrainian forces attempted five cross-border incursions into Belgorod and Kursk regions, all of which failed, according to Russian officials," Russian media <a href="https://www.rt.com/russia/617402-ukrainian-drones-kursk-belgorod/">writes</a>.</p>

<p data-end="495" data-start="172">It would be interesting to at least see what comes of the proposed direct Istanbul talks. President Putin is unlikely to go in person, despite the 'challenge' to do so from Zelensky, who is seeking to demonstrate to the White House that Kiev is ready and willing for peace. But we could at least see the two warring sides' negotiating teams meet in Turkey, which would in and of itself be some level of progress. </p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T11:20:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 07:20</span>

link:
https://www.zerohedge.com/geopolitical/russia-ukraine-exchange-large-scale-drone-fire-despite-plan-istanbul-peace-talks


guid: https://strategic-culture.su/?post_type=article&amp;p=885249
title: Cover-ups, lies, smears and fake news from Ursula could be EU’s own suicide pill
author: ;A A
hash: �S��d�-w?�B�
tags: #Europe #World #European Union #Ursula von der Leyen
attributes: {"enclosures":[]}
content:
<div data-sanitized-class="code-block code-block-2">
<p><strong><em>Ursula von der Leyen’s political identity – and her vision of the role of the EU – are more and more in line with Nazi Germany.</em></strong></p>
<p><strong><span>Join us on </span><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener">Telegram</a><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/tlg.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875659"></a>, <a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener">Twitter</a><a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/twitter.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875661"></a><span>, and</span> <a href="https://vk.com/strategicculture/" target="_blank" rel="noopener">VK</a><a href="https://vk.com/strategicculture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/wk.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875662"></a>.</strong></p>
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<p><strong><span>Contact us:</span> </strong><a href="mailto:info@strategic-culture.su" target="_blank" rel="noopener"><u><strong>info@strategic-culture.su</strong></u></a></p>
<p><em>Things are getting a bit out of hand in Brussels as the elite panic like never before. Now they’re talking about shooting down the Slovakian PM’s own plane. Just can’t make this shit up.</em></p>
<p>Previous disparaging comments about the past of European Commission chief Ursula von der Leyen and her grandparents’ role in the second world war might have seemed truculent by Russian commentators. And yet, as each month passes, we seem to be witnessing VDL’s political identity – and her vision of the role of the EU – more and more in line with Nazi Germany. The total annihilation of the free press in Brussels was not her doing, as she inherited the draconian system when she took office. But her efforts to broaden the silencing of journalists right across Europe is telling as it becomes even more an act of desperation to stamp out any free and feral reporting while her own team are pumping out these entirely fake narratives every day. The Russians are planning on invading Baltic states. Russia is the new threat to a democratic Europe. And the latest blag, EU is a bastion of peace and democracy “which doesn’t invade other countries”.</p>
<p>The lies and hypocrisy are at an all-time high and so it seems fitting that the draconian measures of arresting or detaining journalists, like Chay Bowes attempting to cover the Romanian elections, is understandable.</p>
<p>And yet there is no evidence at all to back up the preposterous claim that Moscow has eyes set on invading Baltic countries; there is also no evidence to back up the claim that Russia is the real threat to European democracy, which, in fact is being destroyed each day by the EU and its elites <em>themselves</em>. And as for the EU being this example of a peaceful trading bloc which doesn’t have any intention of attacking its own members… that might have been true. Until now.</p>
<p>These days the EU elite in Brussels are panicking about losing their relevance. It is looking at though the anti-EU candidate in Romania might well win the presidential elections there. If that happens, this means an alliance of three rebels in the pack – Hungary, Romania and Slovakia – are going to give the EU, let alone NATO a real headache. It might be overzealous to say it could be the end of the EU, but it may well certainly be the end of the EU as we know it. The extraordinary elitist dictatorship which has no accountability to its own mercurial ambitions and acts, might have to learnt a thing or two about democracy and start respecting a few of its principles. NATO, arguably, might be hit even harder as three members holding back the EU’s dream of organizing an EU army in Ukraine will have longer-term ramifications to the prestige and relevance of both those Brussels based institutions.</p>
<p>Have the cracks already started? Are these elitists like VDL losing their grip with reality? The threat by Estonia to “shoot down” any planes flying from Slovakia to Moscow is a good sign of the lunatics running the asylum as this WTF moment naturally is not reported by mainstream media and so the Slovakian PM himself had to stream a piece to camera for <a href="https://x.com/AlternatNews/status/1920489405002768725">X just to confirm the madness.</a></p>
<p>Yet Ursula is really losing her mind. She’s out of control and this obsession with fighting Russia at any cost may well provide the defining moment where she and the EU project falls on its own sword. The election meddling, arrests of journalists and sheer scale of the fake news coming from the EU is starting to get noticed and seen for what it is – not only in these three recalcitrant EU member states but right across Europe. This is evident in the rise of far-right movements in France, Britain and Germany. It’s plain to see. More and more people are simply no longer buying the BS that comes to their TV screens by these leaders in Brussels on immigration, COVID, LGBT and of course boosting EU defence budgets to new giddy heights. In the UK for example, the government is looking at how to cut disability benefits to its own citizens as the national coffers are <a href="https://r.search.yahoo.com/_ylt=AwrErc4_sB1o5gIAXZxXNyoA;_ylu=Y29sbwNiZjEEcG9zAzEEdnRpZAMEc2VjA3Ny/RV=2/RE=1747985728/RO=10/RU=https%3A%2F%2Fwww.gbnews.com%2Fnews%2Fbenefits-claims-billions-universal-credit-spent-foreigners-millions-foreign-nationals-benefits/RK=2/RS=MXKpaSPI3mH_PRDLcY.lJ78F62E-">empty due to 7.5 illegal migrants</a> receiving state benefits, free housing and health care.</p>
<p>The hypocrisy is staggering. Just recently we read that the EU accuses Hungarian populist leader of pouring cash into a number of media outlets to boost his popularity. And yet HUNDREDS of journalists in Brussels each day working for all of Europe’s main broadcasters, even the BBC when the UK was a member, receive free productions services saving them possibly hundreds of millions of euros each year. We don’t know the figure because it’s all shrouded in secrecy, naturally, but the laughable accusation made by the EU must be noted for the pot calling the kettle black.</p>
<p>Hungary, Slovakia and soon Romania will all be targets for smear campaigns by Brussels-based so-called journalists as part of the new objective of VDL and her cronies. This is coming on a grand scale and the more this is intensified, you can literally watch the popularity of the far-right parties in ‘Old Europe’ rise each day. The model has an autodestruct facility built into it which fools like VDL can’t even see as they are too fixated with power grabbing and the dirty tricks which are needed therein. But the whole machinery is fed on lies which still too many gullible Europeans believe whether it be about Russia’s “threat” or electric cars, alternative energy and of course vaccines. All these areas represent hundreds of billions of euros being transferred from the public coffers to the private ones and there are still, sadly, a good number of ignorant Europeans who can’t join up the dots.</p>
<p></p>

link:
https://strategic-culture.su/news/2025/05/12/cover-ups-lies-smears-and-fake-news-from-ursula-could-eu-own-suicide-pill/


guid: 1029456 at https://www.zerohedge.com
title: National Mortgage Debt Tops $12.6 Trillion Amid Rising Rates And Costs
author: ;Tyler Durden
hash: Qa�B�g�hk�RL��
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">National Mortgage Debt Tops $12.6 Trillion Amid Rising Rates And Costs</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><em><a href="https://www.theepochtimes.com/real-estate/national-mortgage-debt-tops-12-6-trillion-amid-rising-rates-and-costs-5855645?utm_source=partner&amp;utm_campaign=ZeroHedge&amp;src_src=partner&amp;src_cmp=ZeroHedge">Authored by Mary Prenon via The Epoch Times</a> (emphasis ours),</em></p>

<p>A new WalletHub <a href="https://wallethub.com/edu/states-adding-the-most-mortgage-debt/132824">report</a> indicates that <strong>total national mortgage debt is now over $12.6 trillion, with the average American household currently owing $105,000 on their mortgages.</strong> The report blames rising interest rates and housing costs for making home ownership more challenging.</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/image_92%2816%29_0.jpg?itok=kuuDIIRL" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_92%2816%29_0.jpg?itok=kuuDIIRL"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="3a1ed095-980f-4db9-acdc-f444fb2333dd" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_92%2816%29_0.jpg?itok=kuuDIIRL" typeof="foaf:Image" width="500"><figcaption><em>A development of new homes in Eagleville, Pa., on April 28, 2023. Matt Rourke/AP</em></figcaption></figure></picture></a>

<p><strong>Vermont, the sixth-smallest state in the nation, experienced the largest increase in mortgage debt </strong>at the end of 2024, with the average balance rising by 2.63 percent to $208,730.</p>

<p>“Vermont has a high median annual income, and a lot of people fleeing places like New York may be willing to take on a larger mortgage in exchange for a less stressful lifestyle,” WalletHub analyst Chip Lupo told The Epoch Times. “<strong>While the increase may not seem like a large number, no other state saw growth above 2 percent.</strong>”</p>

<p>In general, noted Lupo, Vermont residents tend to carry higher mortgage balances with the average monthly payment at $1,666.</p>

<p>A U.S. Census Bureau <a href="https://www.vermonttreasurer.gov/sites/treasurer/files/documents/2023_%20US%20Census%20Bureau%20State-to-State%20Migration%20Flows%20%281%29.pdf">report</a> from the fourth quarter of 2024 shows that <strong>Vermont gained more than 7,500 new residents from 2023 to 2024.</strong> The bulk of the newcomers relocated from other parts of the Northeast, specifically from Massachusetts, New York, New Hampshire, Connecticut, and Pennsylvania.</p>

<p>According to <a href="https://www.redfin.com/blog/pros-and-cons-of-living-in-vermont/">Redfin</a>, Vermont is often referred to as the “gem of New England” because of its beautiful landscapes, quaint towns, and rich history. While the median home price of $421,400 is higher than the national median, the state’s wealth of outdoor recreational venues tends to attract individuals and families seeking more access to nature. In addition to a large network of hiking trails, Vermont offers lakes and rivers with water activities, as well as some of the best skiing locations in the country.</p>

<p><strong>Delaware ranked second for the highest increase in mortgage debt</strong>, with a 1.65 percent increase, bringing the average balance to $203,487. Homeowners there typically spend $1,611 per month on mortgage costs. However, Delaware’s personal loan debt saw an 8 percent decrease during the past year, which may help homeowners better manage their debt.</p>

<p>Massachusetts followed in third place with a 0.97 percent rise in mortgage debt and an average mortgage balance of $302,242. Residents there pay an average of $2,380 per month toward their mortgage.</p>

<p><strong>Minnesota and Hawaii rounded out the top five states with the highest mortgage debt increases.</strong> The report found that only these five states had average mortgage balances above $300,000.</p>

<p>According to a recent <a href="https://www.mba.org/news-and-research/newsroom/news/2025/05/07/mortgage-applications-increase-in-latest-mba-weekly-survey">report</a> from the Mortgage Bankers Association (MBA), <strong>mortgage applications increased by 11 percent for the week ending May 2, compared to the previous week.</strong></p>

<p>“Conventional purchase application volume increased 13 percent and was up 9 percent from year-ago levels, a surprisingly strong move given lingering economic uncertainty,” Mike Fratantoni, senior vice president and chief economist at MBA, said in a statement. “Borrowers of conventional loans tend to have larger loan sizes and more apt to be move-up buyers.”</p>

<p>The MBA reported that the current 30-year fixed rate is holding around 6.84 percent but forecast that the rate could rise to 7 percent before dropping to 6.7 percent by the end of this year, and 6.4 percent by the end of 2026.</p>

<p>MBA’s weekly applications <a href="https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2025/forecast-commentary-apr25v2.pdf?sfvrsn=1054a48a_1">survey</a> indicates that refinance applications have increased past 2024 levels, with borrowers holding larger loans and government loans accounting for most of the refinance activity in recent weeks. Purchase applications have also exceeded last year’s levels since the end of January, with the latest reading showing a 24 percent gain compared to a year ago.</p>

<p>Lupo noted that the WalletHub report is designed to help potential homeowners seek out the most economically friendly areas for their budgets.</p>

<p>“<strong>In addition to the price of the home, they should also consider property taxes, home insurance, closing costs, and any other upfront costs like major repairs needed</strong>,” he said.</p>

<p>“But even if the mortgage may be affordable, <strong>they should do a thorough review of the area to be sure it’s in a place where they want to be spending the next few years.</strong>”</p>

<p>Those states experiencing the smallest mortgage debt increases over the last year were Kansas, West Virginia, Nebraska, South Dakota, and Montana.</p>

<p>Offering tips for paying off mortgage debt, Lupo suggests that homeowners consider making additional payments toward the mortgage whenever possible and allocating those funds toward the principal payment.</p>

<p><strong>Switching to bi-weekly instead of monthly payments can also help, Lupo said.</strong></p>

<p>“This results in 26 half-payments, or 13 full payments per year instead of 12 and over time this can shave years off your mortgage term,” he said.</p>

<p>Applying unexpected monies such as tax refunds, bonuses, or inheritances to mortgage payments will also help reduce the outstanding balances, and tightening your monthly budget is yet another way to add a few more dollars towards the balance, Lupo said.</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T11:45:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 07:45</span>

link:
https://www.zerohedge.com/economics/national-mortgage-debt-tops-126-trillion-amid-rising-rates-and-costs


guid: 1029472 at https://www.zerohedge.com
title: Financial Media's Tariff Incontinence: A Retrospective
author: ;Tyler Durden
link: https://www.zerohedge.com/markets/financial-medias-tariff-incontinence-retrospective
hash: @�5��D�'pm�
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Financial Media's Tariff Incontinence: A Retrospective</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><em>Submitted by <a href="https://quoththeraven.substack.com/p/financial-medias-tariff-incontinence">QTR's Fringe Finance</a></em></p>

<p>Remember just one month ago when the media was acting like tariffs were a guarantee of 100 years of famine, plague and pestilence? Well tomorrow the stock market is going to be well on its way toward all-time highs, again.</p>

<p>Tom Lee will look like a genius and bears will look like morons. You know the drill. Stop me if you’ve heard this one before.</p>

<p>My readers will remember that just about a month ago, after “Liberation Day,” I made the case that the mainstream financial media’s panic and histrionics over President Trump’s tariffs were equal parts embarrassing and pointless.</p>

<p>I argued the age-old point that <em>“you can’t make an omelette without breaking some eggs”</em> and that the discomfort making these so-called “financial professionals” squirm in their seats—and even audibly cry out for help—was actually proof that what President Trump set out to do, recalibrate the world stage and redefine how people think about global trade, was <em>working.</em></p>

<p>In fact, I titled my article accordingly.</p>

<p><a href="https://quoththeraven.substack.com/p/your-discomfort-means-its-working" rel="noopener" target="_blank"><img alt="Your Discomfort Means It's Working" height="140" src="https://substackcdn.com/image/fetch/w_140,h_140,c_fill,f_auto,q_auto:good,fl_progressive:steep,g_auto/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5c16de04-e4e3-4f58-8a3a-bd0a42e71ee3_1830x1364.jpeg" width="140"></a></p>

<h2><a href="https://quoththeraven.substack.com/p/your-discomfort-means-its-working" rel="noopener" target="_blank">Your Discomfort Means It's Working</a></h2>

<p>I thought the media’s behavior was ridiculous for a couple of reasons. First, as I said, how can anyone expect meaningful change without experiencing some temporary discomfort? Second, I found it downright embarrassing how the slightest downtick in the stock market—a market that has arguably been overvalued for decades—immediately sent analysts and media personalities into a full-blown panic over tariffs <em>before they even went into effect,</em> and certainly before we’d had any chance to negotiate deals.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/Screenshot%202025-05-11%20at%2010.54.49%E2%80%AFPM.jpg?itok=50eq7rMQ" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/Screenshot%202025-05-11%20at%2010.54.49%E2%80%AFPM.jpg?itok=50eq7rMQ"><picture><img data-entity-type="file" data-entity-uuid="e6f4d6e0-f670-45e9-a3af-1c77a5222a9f" data-responsive-image-style="inline_images" height="266" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/Screenshot%202025-05-11%20at%2010.54.49%E2%80%AFPM.jpg?itok=50eq7rMQ" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>My stance was simple: <em>“Everybody calm the hell down and let’s just wait and see what happens.”</em> I found it hilarious that people acted as though these tariffs would remain in place for eternity and that the seeds of America’s demise had already been sown for the next hundred years.</p>

<p>I wrote at the time:</p>

<blockquote>
<p>America was a country founded by rugged individuals, but there’s nothing rugged about throwing a fit because your NASDAQ investment, up 150% over the last 5 years, is down 5% today — especially when the “problem” likely will be resolved to some degree within a matter of weeks, if not months.</p>
</blockquote>

<p>I argued that patience was in order—and that, given time, deals would start falling into place.</p>

<p>And lo and behold, that’s exactly what’s happening. While final, fully inked deals haven’t yet crossed the finish line, we’ve already held constructive talks with Canada and have a framework in place with the United Kingdom. Negotiations continue with countries like India and Japan, who I originally expected would be among the first to reach agreements.</p>

<p>But the biggest surprise came this weekend, when, after barely <em>two days</em> of negotiations, the United States and China appear to have agreed on a framework for a trade deal. To quote Agent Paul Smecker: <em>“CNBC, we’ll start the ass kissing with you.”</em></p>

<p><a data-component-name="Image2ToDOM" href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fad868a50-1d50-42f1-a196-17bcd21c2993_2670x1522.jpeg" rel="" target="_blank"><img alt="" data-attrs="{" src="https://www.zerohedge.com/" height="415" loading="lazy" width="725"></a></p>

<p>Like everyone else, I assumed China would be the toughest nut to crack and the last to make a deal—not only because they’re seasoned negotiators, but also because they represent a massive portion of America’s imports. And trust me, I was just as skeptical as anyone about the Trump administration’s Sunday claim that things were going well—<em>until</em> I saw Chinese officials echo those very same sentiments.</p>

<p><a data-component-name="Image2ToDOM" href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8ba64b15-1d53-44f4-b6a4-03f831859ab8_1182x1516.jpeg" rel="" target="_blank"><img alt="" data-attrs="{" src="https://www.zerohedge.com/" height="708" loading="lazy" width="575"></a></p>

<p>While a finalized deal isn’t 100% complete yet, both sides have come forward with statements that can only be described as optimistic.</p>

<p>At this point, it’s hard to deny that tangible progress has been made.</p>

<p>This, of course, is great news for the stock market, which will likely rally on Monday. One of the biggest market unknowns has been partially resolved, and nothing ignites the animal spirits of the market like a major geopolitical win.</p>

<p>But beyond that, it’s simply a <em>deliciously prompt resolution</em> to a problem the media insisted would be a long-term economic catastrophe.</p>

<p>All I said a month ago was <em>“hold on and let’s see what happens.”</em> And here we are, a mere month later—without any meaningful shortages or real discomfort in our daily lives—and the “problem” is well on its way to being solved.</p>

<p><a data-image-external-href="https://store.zerohedge.com/rancher-direct-clean-food/" data-image-href="https://store.zerohedge.com/rancher-direct-clean-food/" data-link-option="2" href="https://store.zerohedge.com/rancher-direct-clean-food/"><picture><img data-entity-type="file" data-entity-uuid="1c9f20bc-270a-46d7-93ad-425b53a3259b" data-responsive-image-style="inline_images" height="129" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/beef%20initiative_3.JPG?itok=XfE7AA8K" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Oh, and did I mention that with every new deal we strike, the United States is in a <em>stronger position</em> than it was just two months ago?</p>

<p>Sure, there will always be cynics and skeptics who want to argue the ins and outs of these deals, pointing to data that suggests only minuscule gains for the U.S. or marginal concessions from foreign nations. But the simple fact is the posture this gives the United States—and President Trump—on the global stage is one of <em>leverage, power, and respect.</em></p>

<p>Let the cynics fill in whatever narrative suits their agenda. But for better or worse, Trump’s administration went to bat for the United States and brought home better deals than we had just a month ago. If you want to argue the minutiae of <em>how much</em> better these deals are, go ahead.</p>

<p>I’ll be too busy savoring the sweet, intoxicating catnip of the mainstream media’s buffoonery from a month ago.</p>

<p>As I’ve said many times before, I still believe the stock market is overvalued—and with this week’s rally, it will remain so. I made that case clearly in my market review earlier this month, which you can read here:</p>

<p><a href="https://quoththeraven.substack.com/p/trading-the-shit-show-may-2025-market" rel="noopener" target="_blank"><img alt="Trading The Shit Show: May 2025 Market Review" height="140" src="https://substackcdn.com/image/fetch/w_140,h_140,c_fill,f_auto,q_auto:good,fl_progressive:steep,g_auto/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07167c83-d6d2-46bf-93e7-023f7d2d15a9_1278x852.jpeg" width="140"></a></p>

<h2><a href="https://quoththeraven.substack.com/p/trading-the-shit-show-may-2025-market" rel="noopener" target="_blank">Trading The Sh*t Show: May 2025 Market Review</a></h2>

<p>But the real lesson here is this: The next time the mainstream financial media is in full-blown financial panic mode, <em>hold your head high, keep your cool, and remind yourself that compared to them, you’re the institutional investor in the room.</em></p>

<p>And if you do that, you might just find yourself standing calmly amidst the chaos… right in the middle of a money-making opportunity.</p>

<p><a data-component-name="Image2ToDOM" href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7b4f0b11-cdb4-4f89-9600-5faf882f9b35_66x52.png" rel="" target="_blank"><img alt="" data-attrs="{" src="https://www.zerohedge.com/" height="52" loading="lazy" title="" width="66"></a></p>

<p><em><strong>QTR’s Disclaimer</strong></em><strong>:</strong> <em>Please read my full legal disclaimer <a href="https://quoththeraven.substack.com/about" rel="">on my About page here</a></em>. <em>This post represents my opinions only.</em> <em>In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under a <a href="https://creativecommons.org/share-your-work/" rel="">Creative Commons license</a> with my best effort to uphold what the license asks, or with the permission of the author.</em></p>

<p><em>This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.</em></p>
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<span property="schema:dateCreated" content="2025-05-12T17:10:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 13:10</span>


guid: 1029628 at https://www.zerohedge.com
title: Stocks, Yields, Dollar Soar On US-China Trade War Truce
author: ;Tyler Durden
link: https://www.zerohedge.com/market-recaps/stocks-yields-dollar-soar-us-china-trade-war-truce
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<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Stocks, Yields, Dollar Soar On US-China Trade War Truce</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>US equity futures and the dollar soared after China and the US agreed to slash tariffs and de-escalate a trade war that had sparked turmoil in global markets. Treasuries and gold tumbled after the US cut China tariffs from 145% to 30% while China slashed US tariffs from 125% to 10% for 90 days. With the countries agreeing that they do not want to de-couple, there is optimism that a longer-term deal can be reached. As of 8:00am, S&amp;P futures surged 3% and Nasdaq futures spiked almost 4%. JPM writes that while Trade War 1.0 tariffs remain, as do sectoral tariffs but, this is an unambiguous positive for all global risk assets and will allow markets to look through any near-term weakness in macro data but if CPI, PPI, and Retail Sales surprise to the upside, then that will provide another tailwind to risk assets. Premarket Mag7 names are higher with many up more than 3%, Semis/Cyclicals are also higher as the market will need to reset its growth expectations higher. Commodities are higher, led by Energy, despite a spike in bond yields/USD.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/ES%202025-05-12_7-45-41.jpg?itok=iaEWy2Kt" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/ES%202025-05-12_7-45-41.jpg?itok=iaEWy2Kt"><picture><img data-entity-type="file" data-entity-uuid="df88ae8d-326b-4e9b-92e0-f761ec250621" data-responsive-image-style="inline_images" height="270" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/ES%202025-05-12_7-45-41.jpg?itok=iaEWy2Kt" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>In premarket trading, Magnificent Seven stocks jumped as trade tensions ease: Apple rises 6.3% after the WSJ reported that the company is considering raising iPhone prices (Amazon +7%, Tesla +7.9%, Meta Platforms +5%, Nvidia +4.8%, Alphabet +2.8%, Microsoft +2.2%). Pharmaceutical plunged fall after US President Donald Trump said he planned to order a cut in US prescription drug costs to bring them in line with other countries, prompting concern that profits will take a hit (Eli Lilly -4%; Pfizer -2.7%, Bristol-Myers Squibb -2%, Merck -3%). Semiconductor, travel, shipping and consumer stocks also rally on trade news (Advanced Micro Devices +7%, Delta Air Lines +7%, United Parcel Service +4%, Nike +6%, Estee Lauder +6%).  Precious metals mining stocks dropped as gold falls, with demand for haven assets declining as the US and China agree to lower tariffs on each other’s products for 90 days (Barrick Mining Corp. -5%, Coeur Mining -6%). Here are some other notable premarket movers:</p>

<ul><li>ACI Worldwide (ACIW) rises 4%, rebounding from a two-day rout, after DA Davidson &amp; Co upgraded the stock to buy, citing the application software company’s “strong” first-quarter results.</li>
	<li>Johnson Controls (JCI) gains 2% after Deutsche Bank upgraded the company to buy, seeing a “rare opportunity” to own a stock with significant potential for operating margin improvement that’s not reflected in current consensus forecasts.</li>
	<li>NRG Energy (NRG) gains 6% after agreeing to acquire natural gas-fired power assets from LS Power Equity Advisors LLC for about $12 billion including debt.</li>
	<li>Shopify’s US-listed shares (SHOP) jumps 8% after Nasdaq announced on Friday that the Canadian e-commerce platform will replace MongoDB in the Nasdaq-100 Index prior to market open on May 19.</li>
</ul><p>Risk appetite erupted across the globe after Treasury Secretary Scott Bessent hailed the trade discussions as “very robust and productive.” US megacap tech stocks, which had been hard hit this year, were on track to tally some of the biggest gains, pushing Nasdaq 100 futures up 4%, <strong>with the index set to re-enter a bull market. </strong>The dollar topped a one-month high. Gold fell more than 3%. The 10-year Treasury yield climbed seven basis points to 4.45% as traders pushed back the timing of possible interest-rate cuts. </p>

<p>The breakthrough in the China-US talks delivers a shot of relief to investors who were bracing for the possibility that a spiraling trade war between the world’s biggest economic powers might cause a global recession. The countries will lower tariffs on each other’s products for 90 days, according to a joint statement released in Geneva.</p>

<p><strong>“The risk of a deep and protracted US recession has gone,” </strong>said Guy Miller, chief market strategist at Zurich Insurance Co. “From a company earnings perspective the headwind to revenues has clearly diminished.”</p>

<p>The trade war has been the biggest driver in markets this year and investors went into the weekend talks eager for clear signs the rebound from Trump’s “Liberation Day” announcement of tariffs on April 2 could be sustained.  Rounds of retaliation had raised US levies on imports from China to 145%, while the Chinese put in place a 125% duty on US goods. That stoked fears of stagflation and recession, even though calmer minds warned that all of this was just negotiating strategy by the White House.</p>

<p>“In our view, equity markets are returning to where they would have moved to if Liberation Day had not happened and Trump had just applied the 10% universal tariff,” said Roberto Scholtes, head of strategy at Singular Bank. “Corporate fundamentals are healthy, first quarter results have substantially surprised on the upside, and there’s plenty of cash to be invested.”</p>

<p>Not everyone was celebrating however: pharmaceutical companies missed out on the broader rally as <strong>drug-company stocks fell across the world after Trump said he planned to order a cut in US prescription costs to bring them in line with other countries, </strong>prompting concern that profits will take a hit. Trump said in a social media post that he’ll sign the executive order at 9 a.m. Monday in Washington. Novo Nordisk A/S, AstraZeneca Plc and Roche Holding AG slid, while in Asia, the pharmaceuticals subgroup in Japan’s Topix Index posted its biggest one-day loss since August. Shares in US drugmakers were also weaker, with Eli Lilly, Pfizer, Bristol-Myers Squibb and Merck all down in premarket trading in New York.</p>

<p>Elsewhere, shares in India jumped almost 4% and those in Pakistan rallied 9% after the two nations agreed to an immediate ceasefire after four days that saw the worst fighting between the countries in half a century. And after a weekend of hectic diplomacy, Ukraine’s Volodymyr Zelenskiy said he will travel to Istanbul on May 15 where Russian President Vladimir Putin has proposed direct negotiations between the two countries.</p>

<p>In Europe, the Stoxx 50 rallied 1.7%. Miners, consumer products and tech are the strongest-performing sectors in Europe. FTSE 100 lags, adding 0.4%, as shares of pharmaceutical companies fall globally after President Donald Trump’s plan to cut US drug prices. Here are the biggest movers Monday:</p>

<ul><li>European mining shares are the best performing sector in the Stoxx 600 benchmark on Monday, driven by a surge in copper and most other industrial metals, after China and the US agreed to lower tariffs for 90 days in a sign of easing trade tensions</li>
	<li>MTN Group shares rise as much as 2.2% in Johannesburg, after the telecommunications company reported first-quarter results that analysts at Avior said were “mixed”</li>
	<li>European pharmaceutical stocks drop after US President Donald Trump said he plans to order a cut in US prescription drug costs by mandating that Americans pay no more than people in countries that have the lowest price</li>
	<li>European defense stocks slide on cooling geopolitical tensions as Russian President Vladimir Putin offered to hold direct talks with Ukraine, while India and Pakistan agreed to an immediate ceasefire mediated by the US. The sector remains sharply higher this year</li>
</ul><p>Earlier in the session, stocks in Asia jumped after the US and China said they will temporarily lower tariffs on each other’s products, a move that gives the world’s two largest economies more time to resolve their differences. The MSCI Asia Pacific Index advanced as much as 1.2% Monday, headed for its highest close since October. Chinese tech sector leaders Tencent and Alibaba, as well as South Korea’s Samsung Electronics, offered the biggest boosts to the benchmark. The risk-on rally was evident from the opening in the region’s markets, with investors remaining optimistic that the US and China would reach a deal after they touted “substantial progress” on their trade discussions. The combined 145% US tariffs on most Chinese imports will be reduced to 30%, while the 125% Chinese duties on US goods will drop to 10%, according to a statement and officials in a briefing Monday. </p>

<p>In FX, the Bloomberg Dollar Spot Index eyes its best day since April 4 as it climbs by as much as 1%. The euro falls as much as 1.5% to $1.1084, on track for its worst day this year. Haven currencies and assets underperform; JPY and CHF lag G-10 peers.</p>

<p>In rates, front-end bonds lead a broad selloff. Bund, Treasury and gilt curves all bear-flatten. The US 10-year yield climbs 7 basis points to 4.45%, its highest in nearly a month. Japan’s 30-year government bond yield climbs to its highest level in almost 25 years. </p>

<p>In commodities, oil leads a commodity rally. Brent crude added as much as 3.7% in London to above $65 a barrel and copper rose 1.4%. Most base metals trade in the green while spot gold falls roughly $100 to near $3,229/oz. Spot silver loses 1.6% near $32. Bitcoin fades gains after failing to break above its January record high, trading around $104,535. </p>

<p>Today's US data slate includes April Federal budget balance at 2pm; besides CPI, retail sales, PPI and University of Michigan sentiment are ahead this week. Fed speaker slate includes Kugler at 10:25am. Chair Powell is scheduled to give remarks on the framework review at the Thomas Laubach Research Conference on Thursday</p>

<p><strong>Market Snapshot</strong></p>

<ul><li>S&amp;P 500 mini +3.2%</li>
	<li>Nasdaq 100 mini +4.%</li>
	<li>Russell 2000 mini +4.0%</li>
	<li>Stoxx Europe 600 +1%</li>
	<li>DAX +1.1%</li>
	<li>CAC 40 +1.6%</li>
	<li>10-year Treasury yield +8 basis points at 4.45%</li>
	<li>VIX -1.8 points at 20.1</li>
	<li>Bloomberg Dollar Index +0.7% at 1236.4</li>
	<li>euro -1% at $1.1138</li>
	<li>WTI crude +3.2% at $62.99/barrel</li>
</ul><p><strong>Top Overnight News</strong></p>

<ul><li>US and China agree to bring down reciprocal tariffs by 115ppts for 90 days, sparking immediate risk on price action; DXY, ES, Crude bid; XAU &amp; Fixed hit</li>
	<li>US President Trump said there was a very good meeting with China on Saturday and many things were discussed and much agreed to, while he stated a total reset was negotiated in a friendly but constructive manner. Trump also said great progress was made and they want to see for the good of both China and the US, an opening up of China to American business.</li>
	<li>USTR Greer said differences are not as great as previously thought, and Treasury Secretary Bessent said he looks forward to sharing details on Monday morning.</li>
	<li>Chinese Vice Premier He Lifeng said trade talks were constructive and they made substantive progress, while both sides reached an important consensus and agreed to establish a China-US trade consultation mechanism with a joint statement to be issued on May 12th. Furthermore, He said the atmosphere was candid, in-depth and constructive, and noted that the nature of relations is mutual win-win, and they are going to provide more certainty and stability in the world economy.</li>
	<li>Chinese Vice Commerce Minister Li Chenggang said any deal to be reached will be in China’s development interest and that they reached an important consensus with the two sides to have regular contact, while Li added that they are not in a position to release more substance on what they agreed on and declined to answer when asked about the timing of the statement but said it will be good news for the world.</li>
	<li>US President Trump’s administration opened a Section 232 investigation on whether imports of aircraft, engines and components are a threat to national security, while the Commerce Department is also investigating the impact of imported medium-duty and heavy-duty trucks on national security.</li>
	<li>White House Economic Adviser Hassett said the Chinese are ‘very, very eager’ to engage in trade talks and rebalance trade relations with the US, while he added that more trade deals could be coming as soon as this week. Furthermore, he said Commerce Secretary Lutnick briefed him about 24 deals that Lutnick and USTR Greer are working on, according to Fox News Sunday Morning Futures.</li>
	<li>US President Trump is reportedly seeking USD 1tln in deals during his Gulf trip. The Qataris are also expected to announce USD 200-300bln in deals and investments, including a "huge" commercial aircraft deal with Boeing (BA) and a USD 2bln deal to purchase MQ-9 Reaper drones, according to a source: according to Axios.</li>
	<li>US President Trump posted on Truth Social “IN JUST THREE MONTHS, TRILLIONS OF DOLLARS (and therefore, record numbers of JOBS!) HAVE BEEN POURING INTO THE USA. THIS IS BECAUSE OF MY TARIFF POLICY, and our great November 5th Election WIN!”.</li>
	<li>US President Trump posted that his next TRUTH will be one of the most important and impactful he has ever issued and later posted that he will sign an executive order on Monday at 09:00EDT with prescription drug and pharmaceutical prices to be reduced almost immediately by 30%-80% and the US is to pay the same price as the nation that pays the lowest price anywhere in the world."</li>
	<li>Fed’s Cook (voter) said a less productive economy could need higher interest rates to contain inflation and that tariff policies could lower productivity, limit potential output and increase inflationary pressure, while Cook said less investment and higher costs could lower the economy’s potential output.</li>
	<li>Fed’s Musalem (2025 voter) said economic activity has moderated and sentiment has declined, while he added that they should not commit to rate cuts until the impact of tariffs on inflation becomes clear and rate cuts are still possible if increased inflation proves short-lived, expectations remain anchored, and the economy becomes meaningfully weaker.</li>
	<li>Fed’s Hammack (2026 voter) said on Friday that it is reasonable to take a wait and see approach and she would rather be slow and move in the right direction than be fast and wrong, while she said they will be ready to move on rates when there is clear and convincing evidence. Furthermore, she would like to be pre-emptive and action-oriented when possible, but noted it is hard given uncertainty over tariffs and other policies.</li>
	<li>US Treasury Secretary Bessent urged Congress to raise the debt limit by mid-July and expects the debt limit to be hit in August.</li>
	<li>Punchbowl Reports that US Clean energy tax credits from the Inflation Reduction Act are in for a massive overhaul as part of the GOP tax bill.</li>
</ul><p><strong>Tariffs/Trade: </strong><em>In one line: US and China agree to bring down reciprocal tariffs by 115ppts for 90 days, sparking immediate risk on price action; DXY, ES, Crude bid; XAU &amp; Fixed hit</em></p>

<ul><li><strong>US-CHINA JOINT STATEMENT: US to cut tariffs of Chinese goods to 30% from 145% for 90 days; China to cut tariffs on US goods to 10% from 125% for 90 days</strong>.</li>
	<li>US will modify the application of rate of duty on articles of China by suspending 24ppts of that rate for an initial period of 90 days.</li>
	<li>US will retain the remaining rate of 10% on those articles; China to retain the remaining ad valorem rate of 10% and remove modified rate.</li>
</ul><p><strong>CHINA'S STATEMENT ON U.S.</strong></p>

<ul><li><strong>China's Statement on US: Commerce Ministry says it is to suspend 24% of additional ad valorem tariffs for an initial period of 90 days on trade talks with the US</strong>; says it will retain the remaining additional ad valorem rate of 10% China will adopt all necessary administrative measures to suspend or remove the non-tariff countermeasures taken against the United States since April 2. China says two sides will establish a mechanism to continue discussions about economic and trade relations. Parties commit to take the actions by May 14.</li>
	<li>China on trade talks with US: Parties will establish a mechanism to continue discussions about economic and trade relations.</li>
</ul><p><strong>US TREASURY SECRETARY BESSENT</strong></p>

<ul><li><strong>US Treasury Secretary Bessent says neither the US or China want to decouple.</strong></li>
	<li><strong>Says they have come to an agreement on a 90-day pause and substantially moved down tariff levels. Both sides on reciprocal tariffs will move down by 115ppts Very good personal interactions</strong>.</li>
	<li><strong>Says there was no discussion on currency with China</strong>.</li>
	<li><strong>Says the UK and Switzerland have moved to the front of the queue; EU is much slower.</strong></li>
</ul><p><strong>USTR GREER</strong></p>

<ul><li><strong>USTR Greer says both sides committed to the 90-day pause period</strong>. Effective embargo was not a sustainable practice for both sides.</li>
	<li><strong>Fentanyl issue remains unchanged as it stands. On a positive track, having very constructive conversations.</strong></li>
	<li>Final result is very good for the US and China. Constructive path forward for a positive conversation with the Chinese.</li>
</ul><p><em>A more detailed look at global markets courtesy of Newsquawk</em></p>

<p><strong>APAC stocks began the week with mild gains amid hopes related to a US-China trade deal after substantive progress was said to have been made during talks in Switzerland </strong>over the weekend, but with gains capped given a lack of details announced so far and with the sides to provide a joint statement later today. ASX 200 was led higher by the commodity-related sectors with outperformance in energy after the recent oil rally. Nikkei 225 advanced at the open with the help of a weaker currency but then briefly wiped out all of the gains with pressure seen in pharmaceuticals after US President Trump announced he will sign an executive order on Monday with prescription drug and pharmaceutical prices to be reduced almost immediately by 30%-80%. Hang Seng and Shanghai Comp were underpinned following US-China trade talks over the weekend in which both sides noted that progress was made and they agreed to establish a China-US trade consultation mechanism, although further upside was capped given the actual lack of details and after Y/Y Chinese CPI and PPI remained in deflation.</p>

<p><em>Top Asian News</em></p>

<ul><li>Japanese PM Ishiba said the government was ready to take further measures to cushion the economic impact from higher US tariffs but suggested that a cut in Japan's consumption tax was unlikely, according to Reuters.</li>
	<li>China April vehicle sales +9.8% Y/Y (prev. +8.2%); Jan-April +10.8% Y/Y (prev. 10.2%)</li>
</ul><p><strong>European bourses are broadly in positive territory with sentiment in Europe boosted after the US and China agreed to lower tariff levels by 115ppts each for a period of 90-days. </strong>The announcement sparked immediate upside across the equities complex, and now currently resides just off highs; DAX 40 +1.2%, Europe paring given Bessent's "EU is much slower" language. To recap the main points; 1) US to cut tariffs on Chinese goods to 30% (prev. 145%) for 90 days, 2) China to cut tariffs on US goods to 10% (prev. 125%) for 90 days, 3) Bessent said both sides came to an agreement, 4) there was no discussion on currency with China, while fentanyl remains an issue. European sectors are mostly firmer, with the risk-tone boosted after the aforementioned US-China talks. The typical cyclical sectors outperform today, with the likes of Basic Resources and Autos leading whilst Utilities is towards the foot of the pile. Healthcare underperforms in Europe today, with pharma names broadly in the red after US President Trump said he will sign an executive order on reducing the price of prescription drugs, by 30-80%. Roche (-3.2%), AstraZeneca (-3.5%).<br>
There is some underperformance in Novo Nordisk (-5.9%) after Eli Lilly’s study suggests Zepbound outperforms Novo’s Wegovy for weight loss.</p>

<p><em>Top European News</em></p>

<ul><li>BoE's Lombardelli says underlying inflation pressure for the UK have continued to fall; sensible to continue gradual pace of cutting rates "When thinking about the process of disinflation, my focus is on wages, as they are the largest component of the prices set by domestic services firms, and so a key driver of moves in underlying inflation. Wage growth is still too high to be consistent with inflation at target." "Productivity growth has been very low over the past couple of years... but that hasn’t been reflected in a substantial decline in wage growth." "caution remains appropriate. I’ll be more comfortable when I see material deceleration in the data over a longer period." Domestic inflation progress, not US tariffs, was the main factor behind the vote in May to cut by 25bps; though, US tariffs added to the reasoning.</li>
	<li>ECB’s Schnabel said the ECB should keep a steady hand and rates should be held close to where they are now.</li>
	<li>ECB's Vujcic expects inflation to slow the ECB's 2% target by year-end, according to Bloomberg.</li>
</ul><p><strong>FX</strong></p>

<ul><li>DXY is stronger after the US-China deal. Immediate upside seen on the release of the US-China joint statement following trade talks over the weekend, with the two sides agreeing to slash reciprocal tariffs by 115ppts each for a period of 90 days, marking a 30% levy on China (from 145%), and a 10% levy on the US (from 125%). DXY has spiked to a 101.81 intraday peak at the time of writing from a 100.50 base overnight, with the index eyeing its 50 DMA (101.94) ahead of 102.00. USD/CNH slumped under its 200 DMA (7.2213) to a 7.1983 trough from a 7.2400 intraday peak.</li>
	<li>EUR is bearing the brunt of the dollar's strength, alongside some loss of the appeal it gained during the loss of US confidence earlier this year. Furthermore, US Treasury Secretary Bessent noted that talks with the EU on trade are slow. EUR/USD slipped to a 1.1083 low from a 1.1242 peak, eyeing its 50 DMA (1.1074) to the downside.</li>
	<li>Traditional havens slumped amid a broader outflow from safety and into risk assets following the aforementioned constructive US-Sino updates. USD/JPY shot higher to a 148.22 peak (vs 145.71 low), with the 200 DMA seen at 149.69.</li>
	<li>GBP has been hit by the Dollar strength on the aforementioned US-China news, with no reaction seen to BoE's Lombardelli, who suggested it is sensible to continue the gradual pace of cutting rates, but caution remains appropriate. Several BoE speakers due today with BoE's Greene on monetary policy with a text release at 11:30 BST, BoE's Mann with a text release at 13:50 BST, and BoE's Taylor at 17:00 BST.</li>
	<li>Antipodeans are subdued by the surge in the Dollar, but losses are largely cushioned by the antipodeans' high-beta properties and amid optimism as China receives a 115ppts reprieve on reciprocal tariffs.</li>
	<li>PBoC set USD/CNY mid-point at 7.2066 vs exp. 7.2429 (Prev. 7.2095).</li>
</ul><p><strong>Fixed Income</strong></p>

<ul><li>Today’s session began with a bearish bias as APAC trade was focussed on the initial language coming out of the US-China talks and source reporting around it, remarks/reports pointed to a positive outcome.</li>
	<li>Thereafter, the US-China joint statement and accompanying separate press conferences saw 115ppts of reciprocal measures removed by both sides (US now 30%, China now 10%) for a 90-day period. An update which sparked immediate and continuing pressure in the fixed income space.</li>
	<li>Specifically, USTs down to a 110-06 trough from 110-13+ pre-release.</li>
	<li>Bunds reacted to the above, sending Bunds lower by over 30 ticks at/just after the joint statement. Since, it hit a 129.92 low vs 130.49 open levels. However, as the European risk tone comes off best and equity bourses/futures in the region give back much of the upside, EGBs have lifted off lows by around 15 ticks. A lifting in EGBs that has seemingly occurred as participants digest the language from US officials regarding the EU. Specifically, Bessent said that while the UK and Switzerland have moved to the front of the queue, the EU “is much slower”.</li>
	<li>Gilts are in-fitting with the above, gapped lower by 58 ticks as the statement coincided with the open itself. Thereafter, slipped to a 91.69 base in-fitting with broader price action. Remained in very close proximity to that low since.</li>
</ul><p><strong>Commodities</strong></p>

<ul><li>Immediate upside in crude benchmarks on the US-China joint statement, which, in short, reduced reciprocal tariffs by 115ppts each; the US to cut tariffs on Chinese goods to 30% from 145%, and China to cut tariffs on US goods to 10% from 125%; both for 90 days.</li>
	<li>Precious metals hit by the surge in the Dollar alongside outflows out of safe havens on the back of the aforementioned US-China trade updates, with the yellow metal unwinding much of the risk premium that was woven in during the tit-for-tat tariff increases between the US and China earlier this year. Spot gold slipped from a USD 3,324.73/oz peak to a USD 3,215.76/oz low at the time of writing.</li>
	<li>Base metals are boosted by sentiment amid the aforementioned positive US-China joint statement, with not much more to add, although upside is somewhat hampered by the surge in the Dollar and relatively subdued Chinese inflation data released over the weekend. 3M LME copper resides towards the upper end of a USD 9,577.00-9,577.00/t.</li>
	<li>Morgan Stanley downgrades European Energy sector to Cautious from In Line.</li>
	<li>Saudi Aramco reported Q1 (USD) profits fell 4.6% Y/Y to 26bln, and rev. rose to 108.1bln (prev. 107.2bln Y/Y), while it stated that global trade dynamics affected energy markets in Q1 with economic uncertainty impacting oil prices.</li>
</ul><p><strong>Geopolitics: Middle East </strong></p>

<ul><li>"Israeli media: The army will cease fire in Gaza as of 12 noon local time [10:00 BST]", via Al Arabiya.</li>
	<li>Senior Palestinian official said Hamas was in talks with the US administration regarding a Gaza ceasefire and aid. It was later reported that Hamas said it will release the last US hostage in Gaza as part of efforts to reach a Gaza ceasefire and allow humanitarian aid.</li>
	<li>Israeli PM Netanyahu’s office said the US informed Israel of Hamas’s intention to release Edan Alexander without any compensation or conditions and the US informed Israel that the move is expected to lead to negotiations for the release of further hostages, while Israel’s policy is that negotiations will be conducted under fire with a continued commitment to achieving all war objectives. PM Netanyahu later said that Israel has not committed to any ceasefire or prisoner release with Hamas, but only to a safe corridor for release of Edan Alexander, and negotiations for the release of other hostages will continue while preparations are made to intensify fighting in Gaza.</li>
	<li>Israeli army carried out major bombing operations in the city of Rafah, Southern Gaza Strip, according to Al Jazeera.</li>
	<li>Israel’s military issued evacuation warnings to people present in three Yemeni ports of Ras Isa, Hodeidah and Salif, while the Houthi interior minister said that Israel conducted an attack on Hodeidah.</li>
	<li>US envoy Witkoff held direct and indirect talks with Iran in Oman and an agreement was reached to move forward with talks to continue working through technical elements, according to a senior administration official.</li>
	<li>The fourth round of Iran-US nuclear talks was conducted in Oman which Iran’s Foreign Minister Araqchi said were more serious compared to previous rounds and talks are moving forward, while he stated that “now both sides have a better understanding from each others’ views” but added that Tehran’s uranium enrichment program is non-negotiable.</li>
	<li>Iran’s Foreign Minister Araqchi said Tehran continues nuclear talks with the US in good faith and Iran will not back down from and of its rights if the US goal of talks is to deprive Iran of its nuclear rights, while he added a nuclear agreement is possible if the US aim is non-proliferation of nuclear weapons and Oman’s Foreign Minister noted that the next round of talks will take place after both sides have consulted with their respective capitals.</li>
	<li>PKK, Kurdish militant group, has decided to dissolve itself and conclude the armed conflict with Turkey, via Reuters citing a group-affiliated agency.</li>
</ul><p><strong>Geopolitics: Ukraine</strong></p>

<ul><li>Ukraine and European leaders said they agreed to an unconditional 30-day ceasefire on sea, land and air starting on May 12th and peace negotiations will start in that period if there is a ceasefire, while they said if Russia fails to comply, they will respond with massive sanctions and increased military aid.</li>
	<li>Ukrainian President Zelensky said it is a positive sign that the Russians have finally begun to consider ending the war and the very first step in truly ending the war is a ceasefire. It was separately reported that Zelensky said Ukraine is ready to meet and he expects Russia to confirm a ceasefire beginning May 12th. Furthermore, Zelensky said Ukraine awaits a full ceasefire starting on Monday to provide a necessary basis for diplomacy and he will meet with Russian President Putin on Thursday in Turkey, and noted that the ceasefire beginning on Monday remains on the table and that Ukraine is awaiting a response from Russia but also noted that Ukraine will be ready to respond symmetrically if Russia violates the ceasefire.</li>
	<li>Russian drone attack on Ukraine rail infrastructure targets civilian freight train, injures locomotive driver, according to Ukrainian Railways which added that Russia is not observing Ukraine's proposal for ceasefire.</li>
	<li>Ukraine’s Foreign Minister said President Zelensky and visiting European leaders had a phone call with US President Trump on Saturday, which was constructive and they discussed peace efforts.</li>
	<li>Russian President Putin offered Ukraine to resume direct negotiations and talks will begin on May 15th in Istanbul with no pre-conditions. It was also reported that Kremlin aide Ushakov said proposed peace talks in Turkey will take into account the situation on the ground and 2022 negotiations.</li>
	<li>Russian President Putin held a call with Turkish President Erdogan and they discussed in detail an initiative to resume direct Russian-Ukrainian talks in Istanbul, while Turkish President Erdogan told French President Macron in a phone call that Turkey is ready to host negotiations for a ceasefire and permanent peace between Russia and Ukraine.</li>
	<li>Russian Defence Ministry said Russian troops continued the special military operation after the Victory Day ceasefire ended and Ukrainian troops made five attempts to break through the border in Kursk and Belgorod regions during the ceasefire. It was also reported that Russia launched an air attack on Kyiv and that a Ukrainian missile attack injured three in the town of Rylsk in Russia’s Kursk region.</li>
	<li>US President Trump posted on Truth that Ukraine should agree to meet with Russian President Putin on Thursday to negotiate, while he stated that he was starting to doubt that Ukraine would make a deal with Russian President Putin.</li>
	<li>Polish PM Tusk said the Russian secret service was behind the fire that almost completely destroyed a Warsaw shopping centre in May 2024.</li>
</ul><p><strong>Geopolitics: India-Pakistan</strong></p>

<ul><li>India’s Foreign Ministry said Pakistan’s Director General of military operations called on Saturday and it was agreed that both sides would stop firing, while Pakistan’s Foreign Minister said this is not partial and it is a full-fledged ceasefire understanding between the two countries.</li>
	<li>India’s Foreign Secretary said Pakistan violated the ceasefire and that Indian armed forces responded, while the official said they call on Pakistan to halt the violence and India’s armed forces have been given the instruction to deal with violations along the border.</li>
	<li>Pakistan’s military said dozens of its armed drones hovered over major Indian cities including Delhi and 26 military targets and facilities were hit in India during operations carried out on Saturday.</li>
	<li>Pakistan’s Foreign Minister Dar spoke with Chinese Foreign Minister Wang and China reaffirmed it will continue to stand by Pakistan in upholding its sovereignty and territorial integrity.</li>
	<li>US President Trump said he will increase trade substantially with both India and Pakistan, while he said he will work with both to see if a solution can be reached concerning Kashmir.</li>
</ul><p><strong>US event calendar</strong></p>

<ul><li>2:00 pm: Apr Federal Budget Balance, est. 256b, prior -160.53b</li>
</ul><p><strong>Central Banks (All Times ET):</strong></p>

<ul><li>10:25 am: Fed’s Kugler Speaks on Economic Outlook</li>
</ul><p><strong>DB's Jim Reid concludes the overnight wrap</strong></p>

<p>I'm off to the West Coast this morning. LA and San Fran rather than Cornwall or Wales, although I think the latter two are warmer than the former two at the moment. I coached my first U8 cricket match over the weekend in glorious sunshine and my record as coach is now 100% positive. I saw enough weaknesses though to suggest that record might not last forever. Hopefully the board give me time to work my own ideas into the team.</p>

<p>Let's start with all the weekend news which includes "positive" US/China trade talks, a Ukrainian and European (and US backed according to Macron) 30-day ceasefire plan for the war, and an Indian/Pakistan ceasefire (mediated by the US). The US/China talks seemed to go well but remember with tariffs currently at 145% and 125% it doesn't take much to improve the situation. Treasury Secretary Bessent and Greer (US Trade Representative) suggested "substantial progress" was made even if neither side has announced any specific measures. China’s Vice Premier He Lifeng stated that both sides had reached an "important consensus" and agreed to launch another new economic dialogue forum. Bessent had indicated that the US and China will jointly provide details on the progress at some point today so we will see if we get this.</p>

<p>On the war in Ukraine, Zelenskiy and European leaders have demanded a 30-day ceasefire from today to allow for negotiations. If this doesn't happen Russia will face new sanctions that the US has seemingly approved according to Macron. Putin in return has countered and agreed to talks in Turkey with Ukraine on Thursday without addressing the ceasefire issue. Rather ambiguously Mr Trump said that Ukraine should “IMMEDIATELY” agree to the talks, as “at least they will be able to determine whether or not a deal is possible”. So we do seem to be moving towards talks but it's unclear on what terms.</p>

<p>Elsewhere, after four days of tense clashes that pushed India and Pakistan close to war, a ceasefire appears to be holding after being announced on Saturday. The US played a role in encouraging a de-escalation, facilitating behind-the-scenes talks that led to the agreement between the two nuclear-armed nations. The NIFTY 50 has surged +2.88% as I type in early trading.</p>

<p>Moving to broader Asian markets, equities are edging higher on all the weekend news. Chinese stocks are outperforming with the Hang Seng (+0.93%) leading gains while the CSI (+0.62%) and the Shanghai Composite (+0.37%) are also trading in positive territory. Elsewhere, the KOSPI (+0.65%) and the S&amp;P/ASX 200 (+0.22%) are also trading up while the Nikkei (+0.04%) is fairly flat. S&amp;P 500 (+1.46%) and NASDAQ 100 (+1.95%) futures are rallying harder on the trade progress though with 10yr USTs +2.7bps higher, at 4.406% as we go to print.</p>

<p>In terms of economic data over the weekend, China's factory-gate prices (-2.7% y/y) posted the steepest drop in six months in April, worse than a -2.5% decline in March while "better" than Bloomberg’s forecast for a -2.8% decline. At the same time, consumer prices eased -0.1% y/y last month, matching a -0.1% drop in March and the Bloomberg forecast.<br>
Staying with inflation, the main event this week will be US CPI tomorrow but generally we start the April hard data reporting cycle now and it'll be interesting to see any early impact of Liberation Day. It might be a bit too soon but watch CPI and PPI (Thursday), US Retail Sales (also Thursday) and Consumer Confidence and Housing Starts and Permits (both Friday), alongside some regional manufacturing surveys in the US. Within the Consumer Confidence data the inflation expectations will continue to be very important and something the Fed are looking at. Talking of which, Powell speaks on Thursday.</p>

<p>Moving on to European data, this week's highlights include March's monthly GDP (Thursday) and labour market indicators (tomorrow) in the UK and the May ZEW survey in Germany (also tomorrow). Over in Asia, Japanese Q1 GDP (Friday) is the highlight (DB expect -0.4% QoQ annualised) but the BoJ summary of opinions from the April meeting is also out tomorrow. The full day-by-day week ahead is at the end as usual.</p>

<p>Looking into the main US upcoming data in more detail, for US CPI tomorrow, DB expect the headline (+0.26% forecast vs. -0.05% previous) number to be slightly below that of core (+0.29% vs. +0.06%) with consensus for both at 0.3%. Both DB and consensus expect the YoY rate to remain unchanged at 2.4% and 2.8%, respectively. One of the main reasons our economists are expecting a firm core goods print is due to strong gains in vehicle prices after robust new vehicle sales in recent months. The risk to this month though is that dealers refrained from price rises in April knowing that with tariffs coming they will have to raise them soon. So we know auto price rises are coming but it may not be April.<br>
Indeed April overall may be too early for tariff price rises to show up but our economists advise looking out for any early signs in some of the import-heavy categories such as apparel and household furnishings and supplies. In addition food prices could be another place to look for any early signs of the tariffs that went into place in February. Our economists note, that the effects from the washing machine tariffs in early 2018 took about two months to start showing up in the CPI data. Regular readers will note that perhaps I need to buy my new tumble dryer quickly.</p>

<p>For PPI on Thursday, DB and the consensus expect a 0.3% monthly print on headline and core but we'll pay more attention to the components that feed into core PCE as usual. Retail sales on the same day will be the other big release of the week. Our economists expect slight dips in auto sales and gasoline prices to weigh on headline (unch. vs. +1.5%) and ex-autos (+0.2% vs. +0.6%) sales. However they expect retail control (+0.4% vs. +0.4%), which feeds into GDP, to remain solid. The potential curveball is if consumers have front loaded purchases ahead of tariffs and we get strong data. Thursday is a busy day as Powell speaks and this will provide him with an opportunity to comment on the data if he's sees anything meaningful within it. So one to watch especially given that Powell said last week that "we don't know which way this is going to shake out".</p>

<p>Quickly rounding out events in politics, there will also be Eurogroup (today) and Economic and Financial Affairs Council (tomorrow) meetings in Brussels. An informal gathering of NATO foreign ministers will take place in Antalya on May 14-15. In Asia, APEC trade ministers meet in South Korea on May 15-16 and the sixth meeting of the European Political Community will take place in Albania on Friday.</p>

<p>Recapping last week now and the risk-on tone continued at a global level, with markets mostly seeing a further unwind of their moves since Liberation Day. That was driven by several factors, including hopes for a de-escalation between the US and China, not least given the news that they’d be starting talks in Switzerland. That was further support by the deal the US reached with the UK, raising hopes that further agreements might follow shortly. Then on top of that, several data releases continued to point away from a recession, which gave a further boost to support risk appetite. For instance, the ISM services index unexpectedly rose to 51.6 in April, whilst the weekly initial jobless claims fell back to 228k as well.</p>

<p>That backdrop generally proved supportive for markets, with several equity indices moving higher last week. That included the DAX, which hit a new record as it posted a fourth consecutive weekly advance, rising +1.79% (+0.63% Friday). Similarly in Japan, the Nikkei also posted a fourth weekly gain, up +1.83% (+1.56% Friday). However, the main exception to this pattern were actually US equities, with the S&amp;P 500 down -0.47% over the week (-0.07% Friday).<br>
More broadly, there were several other signs that stability was returning to markets. For instance, the VIX index of volatility fell to its lowest level since Liberation Day, closing at just 21.90pts on Friday. Credit spreads tightened further, with US HY down -9bps last week (+1bps Friday) to 343bps. Other risk assets climbed as well, and Bitcoin ended Friday at $103,195, which was its highest level since January. Meanwhile, Brent crude oil prices recovered from their 4-year low at the start of the week, moving up +4.27% over the week as a whole to $63.91/bbl.</p>

<p>Finally, the risk-on move put sovereign bonds under pressure, and yields moved higher as the Fed’s latest meeting signalled they weren’t in a rush to cut rates. That helped push the 10yr Treasury yield up +7.0bps (flat on Friday) to 4.38%, and the 2yr yield also rose +6.7bps (+1.6bps Friday) to 3.89%. Over in Europe, the 10yr bund yield also rose +2.9bps (+2.9bps Friday) to 2.56%. And over in Japan, the 10yr bond yield was up +10.5bps, closing at 1.37%.</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T12:25:41+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 08:25</span>


guid: https://ici.radio-canada.ca/nouvelle/2164416/rebond-marches-boursiers-nego-chine-etats-unis
title: La baisse des tarifs de Pékin et Washington fait rebondir les marchés boursiers
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<p>Le Dow Jones a avancé de 2,81 %, l'indice Nasdaq a bondi de 4,35 % et l'indice élargi S&amp;P 500 a pris 3,26 %.</p>

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guid: yt:video:SPxL4tysBvY
title: Multiple Western Press Outlets Have Suddenly Pivoted Hard Against Israel
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guid: 1029632 at https://www.zerohedge.com
title: A Bear Market Rally? Or, Just A Correction?
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<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">A Bear Market Rally? Or, Just A Correction?</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><a href="https://realinvestmentadvice.com/resources/blog/a-bear-market-rally/"><em>Authored by Lance Roberts via RealInvestmentAdvice.com,</em></a></p>

<p>Assessing a bear market rally proves challenging when you experience it firsthand. It is only in hindsight that the complete picture reveals itself to investors. Of course, after a bear market rally, investors tend to review their investments and speculate on what they should have done differently.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/iStock-1405429351-e1746897574340.jpg?itok=apX-GuEt" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/iStock-1405429351-e1746897574340.jpg?itok=apX-GuEt"><picture><img data-entity-type="file" data-entity-uuid="9c177e4f-7fd1-46e6-8cb7-879daabd643e" data-responsive-image-style="inline_images" height="290" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/iStock-1405429351-e1746897574340.jpg?itok=apX-GuEt" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Retail investors seem to view the recent sharp correction as possibly finished. As I noted<strong><em> <a href="https://x.com/LanceRoberts/status/1920065282938175573/photo/1">last week on X</a></em></strong>, despite the near 20% correction in the markets, retail investors piled into US equities at a record pace. Of course, historically, retail investors were considered a contrarian indicator, but in recent years, particularly post-pandemic, they have been aggressive buyers of any dip in the market. Of course, after 15 years of monetary and fiscal interventions to stave off deeper bear markets, their <em>“buy the dip”</em> mentality is unsurprising.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-90_0.jpg?itok=MzFdI1BJ" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-90_0.jpg?itok=MzFdI1BJ"><picture><img data-entity-type="file" data-entity-uuid="ee826ec5-cd46-4671-bc8e-077e21ed4565" data-responsive-image-style="inline_images" height="406" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-90_0.jpg?itok=MzFdI1BJ" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Before we go further, we should discuss what a <em>“bear market rally”</em> is to frame better our discussion about what the possibilities and probabilities of what happens next.</p>

<h2 data-sanitized-id="h-bear-market-rally-or-just-a-correction"><strong>Bear Market Rally Or Just A Correction?</strong></h2>

<p>A bear market rally represents a short-term increase in stock prices that emerges while the market is in a downward trend. Such price rallies bring forth positive expectations because markets experience significant upward movements throughout several weeks or months. These rallies do not indicate any actual market recovery. They serve as brief interruptions before the dominant downward trend continues. The general drivers of these bear market rallies generally result from investors buying back their short positions, market participants feeling increasingly optimistic, and technical indicators showing oversold conditions. As such, they increase risk assets.</p>

<p>However, the fundamental problems that initiated the previous corrective phase are still present. Such factors generally range from declining earnings to monetary condition changes, rising recession risk, economic policy uncertainty, or a combination that persists despite temporary price increases. Reality eventually returns to market fundamentals, which makes the rally disappear before the bearish trend reemerges. A good example was 2022, where investors experienced several bear market rallies amid the Federal Reserve increasing interest rates while Russia invaded Ukraine. Each time the bear market rally occurred, it sucked bullish investors back into the market and left them stranded.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-91-1024x592.jpg?itok=gtjsYKEk" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-91-1024x592.jpg?itok=gtjsYKEk"><picture><img data-entity-type="file" data-entity-uuid="4a436455-b792-411d-8bdb-b508a9bc554a" data-responsive-image-style="inline_images" height="289" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-91-1024x592.jpg?itok=gtjsYKEk" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Conversely, a correction, which occurs during an upward market trend and represents a decline of 10% or more, differs from a bear market rally. Generally, a correction is a short, singular down cycle within a rising trend. These events typically stem from short-term market anxieties, including overbought positions, geopolitical disturbances, and policy modifications. Yet, they do not shift the future direction of the market. The market stabilizes after a correction because positive economic trends and favorable earnings support its upward movement. The fundamental distinction rests in the environment and period of the market situation. The basic trend stays solid during a bull market correction, and investors will eventually experience positive outcomes from new price peaks. A good example of corrections within a bullish trend is evident in the 2023-2024 market. Despite a bank crisis, concerns of AI, or leveraged blowups, the market recovered quickly and moved to new highs.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-92-1024x582.jpg?itok=eJbLoO1t" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-92-1024x582.jpg?itok=eJbLoO1t"><picture><img data-entity-type="file" data-entity-uuid="26efc4ac-c7e8-4448-bcfe-70dc86bc1f80" data-responsive-image-style="inline_images" height="284" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-92-1024x582.jpg?itok=eJbLoO1t" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>The risk for investors is the real-time determination of what type of corrective action we are in. Investors who reenter risk assets during a bear market rally face additional market declines since the primary downward trend continues after the brief recovery. Investors who buy the dip during a corrective phase in a bull market benefit.</p>

<p>One grievance I often receive from readers is that I don’t tell you the answer. The reason is that neither I nor anyone else can predict the future. All I can do for you is address the possibilities and probabilities of what can happen so you can manage your investment risk accordingly.</p>

<p>With that said, let’s dig into both cases.</p>

<h2 data-sanitized-id="h-the-bull-case-for-just-a-correction"><strong>The Bull Case For “Just A Correction</strong>“</h2>

<p>The bulls can certainly make a case for continuing the bull market that began in October 2022.</p>

<p>First, Q1 earnings delivered above-average results overall but were primarily driven by major technology companies and the AI-powered <em>“Magnificent 7.”</em> That cohort continues to provide the cornerstone for investor optimism. However, even though the largest capitalization-weighted companies delivered the bulk of earnings, the proportion of companies beating estimates remained well above the long-term average of 74%.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-93.jpg?itok=dbe0qXPS" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-93.jpg?itok=dbe0qXPS"><picture><img data-entity-type="file" data-entity-uuid="ee733e0e-9122-446a-9b71-87443f345b46" data-responsive-image-style="inline_images" height="360" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-93.jpg?itok=dbe0qXPS" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Secondly, financial conditions refer to current conditions across financial markets that can affect the dynamics of the economy. Those factors include improved interest rate levels, U.S. Treasury yields, credit risk spreads, equity valuations, and currency strength, which are supportive of the financial markets.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-94.jpg?itok=P3O1XBYQ" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-94.jpg?itok=P3O1XBYQ"><picture><img data-entity-type="file" data-entity-uuid="45fb0730-c2c5-46c0-86b3-057f8b31db7c" data-responsive-image-style="inline_images" height="355" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-94.jpg?itok=P3O1XBYQ" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Furthermore, sentiment among both professional and retail investors has rebounded from its profoundly negative state, which is bringing buyers back into the market. Notably, that sentiment remains far from optimistic, providing further support for asset prices. The chart below shows the Z-score <em>(standard deviation)</em> of the net bullish sentiment of both retail and professional investors. Profoundly negative readings are often coincident with market lows.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-95.jpg?itok=DdjqJB9q" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-95.jpg?itok=DdjqJB9q"><picture><img data-entity-type="file" data-entity-uuid="d9c744d8-12cb-4c03-aff5-97e92a2475e5" data-responsive-image-style="inline_images" height="305" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-95.jpg?itok=DdjqJB9q" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Overall, investors maintain a favorable position toward the market because the current conditions provide sufficient space for constructive improvements without leading to excessive speculation. The recent market decline resulting from tariff concerns has proven more significant than expected. However, it is worth noting that spikes in policy uncertainty tend to mark the bottom of market corrections rather than the beginning. Given that policy uncertainty around tariffs and other political statements about trade barriers has reduced in intensity lately, this could become supportive for the market.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-96-1024x514.jpg?itok=SMbi4hH7" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-96-1024x514.jpg?itok=SMbi4hH7"><picture><img data-entity-type="file" data-entity-uuid="85d2eb3c-d094-461e-b3f2-78567ad98db1" data-responsive-image-style="inline_images" height="251" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-96-1024x514.jpg?itok=SMbi4hH7" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Are these factors a guarantee that the recent market correction is over? No. But historically, depressed sentiment, high levels of policy uncertainty, and easing financial conditions have often been the <em><strong><a href="https://realinvestmentadvice.com/resources/blog/spock-and-the-logic-based-approach-to-volatility/">contrarian setup</a></strong></em> that investors should be looking for.</p>

<p>But let’s review the case for a bear market rally.</p>

<h2 data-sanitized-id="h-why-this-could-still-be-a-bear-market-rally"><strong>Why This Could Still Be A Bear Market Rally</strong></h2>

<p>Multiple indicators indicate this could be a bear market rally. Since markets are forward-looking, investors focus on future earnings growth to justify paying higher valuation multiples today. The problem for the market currently is that economic data, particularly the key ingredient of employment, which drives consumption, is softening. As we discussed in this past weekend’s <strong><em><a href="https://realinvestmentadvice.com/resources/blog/earnings-revision-shows-sharp-decline/">#BullBearReport</a></em></strong> such is critical given that employment and consumption drive earnings growth.</p>

<blockquote>
<p><em>“Since 1947, earnings per share have grown at 7.7% annually, while the economy expanded by 6.40% annually. <strong>That close relationship in growth rates should be logical, particularly given the significant role that consumer spending has in the GDP equation.”</strong></em> – <strong><em><a href="https://realinvestmentadvice.com/resources/blog/market-forecasts-are-very-bullish/">Market Forecasts Are Very Bullish</a></em></strong></p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-27-1024x575.jpg?itok=KhAFWgMi" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-27-1024x575.jpg?itok=KhAFWgMi"><picture><img data-entity-type="file" data-entity-uuid="77ac8a00-5458-44a5-8676-7ff92fca406d" data-responsive-image-style="inline_images" height="281" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-27-1024x575.jpg?itok=KhAFWgMi" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p><em>“Since, consumer spending comprises nearly 70% of the GDP calculation, everything else, from business investment to imports and exports, is a function of the consumer’s “demand.” In other words, if the consumer is slowing down or contracting spending, businesses will not ‘invest’ in expansion projects, increasing employment, or buying more products for resale. That relationship is shown in the chart below, which compares PCE to jobs and private investment.”</em></p>
</blockquote>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-17%20%281%29.jpg?itok=c_h1Hs0Q" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-17%20%281%29.jpg?itok=c_h1Hs0Q"><picture><img data-entity-type="file" data-entity-uuid="e5a92d0c-621b-46b6-9bca-414b0fcf7ba0" data-responsive-image-style="inline_images" height="289" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-17%20%281%29.jpg?itok=c_h1Hs0Q" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Economic data is softening as post-COVID monetary supports fade. As such, consumer confidence indicators show a downward trend, especially regarding expectations about the future. The chart below shows the difference between current and future expectations. Historically, very low readings are consistent with more protracted bear markets and deeper corrections.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-97.jpg?itok=_p9nd1Ud" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-97.jpg?itok=_p9nd1Ud"><picture><img data-entity-type="file" data-entity-uuid="10a56972-517a-4ec0-a017-fe5c2d10c607" data-responsive-image-style="inline_images" height="279" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-97.jpg?itok=_p9nd1Ud" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Lastly, the market’s technical backdrop remains a near-term concern. While momentum and relative strength have improved, those factors are beginning to wane, suggesting buyers may be reaching near-term exhaustion. Secondly, volume has been weak during this corrective process. If this were just a short-term correction, we would have liked to see much stronger buying coming into the market. Finally, support is just below current market levels, which may limit near-term declines. However, there is formidable overhead resistance just above. The 100 and 200-DMA and the January lows will likely prove challenging for the markets to crack without a pullback to support first.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-98-1024x782.jpg?itok=xToOMYpj" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-98-1024x782.jpg?itok=xToOMYpj"><picture><img data-entity-type="file" data-entity-uuid="487e8714-51ab-4bd7-8e7d-276a391fc129" data-responsive-image-style="inline_images" height="382" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-98-1024x782.jpg?itok=xToOMYpj" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>As noted, numerous investors failed to predict how quickly or dramatically the market decline would be. As such, these <em>“trapped longs”</em> will likely become sellers as soon as this rally falters. While our 2022 example of bear market rallies set new lows, this does not mean we will repeat that process. A pullback to support could hold if economic data stabilizes, trade deals progress, or the Federal Reserve cuts rates.</p>

<h2 data-sanitized-id="h-conclusion"><strong>Conclusion</strong></h2>

<p>So, what does this mean for investors? With no clear indication of the market’s next move, investors will likely benefit from managing risk exposures. Moreover, investors must avoid making absolute decisions because both sides present compelling evidence. More often than not, markets resolve themselves in a more bullish fashion. Therefore, adopting a more bearish view has a risk associated with it. The current market rally does not necessarily negate the risk of this being a bear market rally. Nor does it signify the end of the correction.</p>

<p>The essential question is whether market risks are appropriately incorporated into prices and if upcoming returns justify additional market participation. For now, caution is prudent. The current macroeconomic environment shows gradual improvement without being strong. While Q1 earnings reports showed strength, the most notable risk to investors is the drastic cuts to forward earnings. Such certainly does not portray economic optimism.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image-70%20%281%29.jpg?itok=S9BoJkAD" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-70%20%281%29.jpg?itok=S9BoJkAD"><picture><img data-entity-type="file" data-entity-uuid="d6f7b7cd-760d-4a5d-8a31-962a876d83bd" data-responsive-image-style="inline_images" height="353" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-70%20%281%29.jpg?itok=S9BoJkAD" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Investors can do a few things to navigate the market’s next move.</p>

<ol><li>
	<p><em>Focus on maintaining portfolio equilibrium instead of following recent market gains.</em></p>
	</li>
	<li>
	<p><em>Review your current exposure positions for alignment with current risk patterns.</em></p>
	</li>
	<li>
	<p><em>Reassess position sizes, tighten stops, and avoid concentration in crowded trades.</em></p>
	</li>
	<li>
	<p><em>Risk management can be achieved by combining cash reserves with portfolio hedging strategies.</em></p>
	</li>
</ol><p>The trick to navigating markets is not to try to <em>“time”</em> the market. That is impossible. Successful long-term management <strong>is understanding when <em>“enough is enough”</em></strong> and being willing to take profits and protect your gains. That is our situation for many stocks after the robust rally from the recent lows.</p>

<p>With markets in a corrective process and trading below long-term moving averages, there is an opportunity to rebalance risk and reduce portfolio volatility.</p>

<p>Unfortunately, many investors will opt to <em>“hope”</em> for further gains, but will sell at lower levels if the correction continues.</p>

<p>Trade accordingly.</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T12:40:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 08:40</span>


guid: 1029617 at https://www.zerohedge.com
title: NATO Launches Major Military Exercise Along Russia's Finnish Border
author: ;Tyler Durden
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<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">NATO Launches Major Military Exercise Along Russia's Finnish Border</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Russia's <em>Izvestia </em>newspaper is <a href="https://tass.com/pressreview/1956355">reporting</a> Monday that<strong> "NATO launches major military exercise along Russia’s border"</strong> - in reference to new major drills kicking off in Finland, also involving the militaries of Sweden and the United Kingdom.</p>

<p>The exercises are dubbed Northern Strike 125 and Northern Star 25 and involve <strong>some 7,000 total personnel </strong>and aim to develop military cooperation in the northern Scandinavian region among NATO allies. They are set to last until May 31, and Moscow sees them as a provocation given that Finland shares a lengthy border with Russia.</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/findef.jpg?itok=LiT9zl6o" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/findef.jpg?itok=LiT9zl6o"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="ad3bb936-0b13-44cf-be57-cac73d6ac6fc" data-responsive-image-style="inline_images" height="250" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/findef.jpg?itok=LiT9zl6o" typeof="foaf:Image" width="500"><figcaption><em>via AFP</em></figcaption></figure></picture></a>

<p>Finland only became a NATO country in April 2023, largely as a direct result of the Ukraine war, and is the 31st member of the Western military alliance.</p>

<p><em>Izvestia</em> has detailed that attack helicopters are in use, as well as drones in the north of Finland. The British contingent has <strong>deployed AH-64E Apache combat helicopters</strong>, and brought a Multiple Launch Rocket System (MLRS) battery.</p>

<p>"This exercise complex is a logical continuation of previous years’ exercises to develop capabilities together with our allies," Finnish Army Lieutenant Colonel Jukka Vuorisalmi, who is overseeing the exercise, <a href="https://maavoimat.fi/-/suomi-ruotsi-ja-iso-britannia-kehittavat-yhteista-tulenkayttoa-rovajarvella-toukokuussa" target="_blank">said</a>.</p>

<p>Finnish media has described the annual exercises in the context Russia's 'threat' to the <a href="https://vpk.name/en/1007935_orientation-north-nato-military-exercises-began-near-karelia.html">Baltic region</a>:</p>

<blockquote>
<p><em><strong>NATO exercises on the northeastern flank have recently been following one another</strong>. Earlier, Izvestia <a href="https://iz.ru/1881599/iuliia-leonova/ugrozhaiut-ezhom-nachalis-ucheniia-nato-siil-2025-riadom-s-granitcei-rossii" rel="nofollow" target="_blank">wrote</a> that Siil 2025 exercises are currently underway in Estonia, which began on May 5.</em></p>

<p><em>Their stated purpose was to <strong>"defend the region" </strong>together with the allies, as well as to check the combat readiness of the Armed Forces of Estonia and the North Atlantic Alliance.</em></p>
</blockquote>

<p>And while the Kremlin understands the drills to be 'nothing new' - it is taking note of the growing size of these inter-NATO military exercises so close to Russia's border.</p>

<p>TASS writes in its coverage of the Finnish-hosted <a href="https://tass.com/pressreview/1956355">drills</a>:</p>

<blockquote>
<p><em>According to the expert, the current exercise is nothing new, it’s just that <strong>its magnitude is larger</strong>, <strong>and this is exactly what makes it a threat to Russia</strong>. </em></p>

<p><em>"We need to show an adequate response. For the time being, we will simply watch what they do, taking it into account. NATO keeps saying that it will only implement defense scenarios, but the drills it holds also practice actions suitable for aggressive operations," the analyst stressed.</em></p>
</blockquote>

<p>The significance also lies in the fact that until the last 3+ years of war in Ukraine, Finland and Sweden <strong>maintained neutrality</strong>, in pursuit of delicate balance of good-neighborly relations first with the Soviet Union and then with Russia.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/natofinsw.jpg?itok=3sWT8j1z" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/natofinsw.jpg?itok=3sWT8j1z"><picture><img data-entity-type="file" data-entity-uuid="1b20ceb5-e8ca-4058-8787-50b9e1df8ab3" data-responsive-image-style="inline_images" height="333" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/natofinsw.jpg?itok=3sWT8j1z" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Finland <strong>shares a 1,340-kilometre (830 mi) border with Russia</strong>, and Moscow has previously warned that this could result of the greater militarization of the Baltic regions. President Putin in 2023 had brushed off Finland and Sweden entering NATO as but<strong> a "meaningless" move</strong> which will in the end only harm their own national interests.</p>

<p>Both had previously economically benefited from their positive relations with Russia, but now border closures and worsening relations have been the trend. It goes without saying that NATO holding drills so close to Russia's border does little to foster Ukraine peace talks and dialogue. The warring sides are currently talking about potential 'direct' negotiations set for Istanbul.</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T13:00:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 09:00</span>

link:
https://www.zerohedge.com/military/nato-launches-major-military-exercise-along-russias-finnish-border


guid: https://strategic-culture.su/?post_type=article&amp;p=885251
title: The use of Turkey as a negotiating forum between Russia, the U.S., and Ukraine
author: ;A A
hash: �0+}��rp��$
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<div data-sanitized-class="code-block code-block-2">
<p><strong><em>War is either won or lost. Reaching negotiations does not mean a draw.</em></strong></p>
<p><strong><span>Join us on </span><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener">Telegram</a><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/tlg.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875659"></a>, <a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener">Twitter</a><a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/twitter.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875661"></a><span>, and</span> <a href="https://vk.com/strategicculture/" target="_blank" rel="noopener">VK</a><a href="https://vk.com/strategicculture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/wk.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875662"></a>.</strong></p>
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<p><strong><span>Contact us:</span> </strong><a href="mailto:info@strategic-culture.su" target="_blank" rel="noopener"><u><strong>info@strategic-culture.su</strong></u></a></p>
<p><strong>An attractive proposal</strong></p>
<p>A few hours after the grand parade on May 9—a clear demonstration of Russia’s strength—with numerous heads of state in attendance, Vladimir Vladimirovich Putin proposed holding negotiations with the United States of America to discuss Ukraine in Istanbul, Turkey. This is not the first time that Turkey has been proposed as a ‘neutral venue’ for treaties, and there is a reason why it is now much more strategic than in the past.</p>
<p>Let’s take it in order.</p>
<p>Putin <a href="https://www.reuters.com/world/turkey-ready-host-russia-ukraine-negotiations-erdogan-tells-macron-2025-05-11/" target="_blank" rel="noopener">made the proposal</a> just as European leaders loyal to Ukraine’s clownish leader were meeting in Kiev on Saturday, May 10. In that context, Zelensky responded on Sunday morning, May 11, that the progress of the proposal is a positive sign, but before negotiations he demands a ceasefire, which he wants to start on May 12, for at least 30 consecutive days, as also supported by Stramer and Macron. Putin, for his part, stressed that a ceasefire is a matter for negotiation and should therefore be discussed in Istanbul, not in advance and unilaterally.</p>
<p>Russia had already proposed various ceasefires, such as the one at Easter or the one for the May 9 parade, but Ukraine has always responded with a “no” and continued its attacks.</p>
<p>Trump will intervene in the matter, having been called upon to participate in the negotiations. After all, the U.S. president has repeatedly said that he wants to be remembered as a peacemaker, so any possible peace proposal between Russia and Ukraine represents an opportunity to score points.</p>
<p>Trump is expected to be in the Middle East from Tuesday 13 to Friday 16, visiting Saudi Arabia, Qatar, and the United Arab Emirates. What are the chances that he will make a quick flight to Turkey while Putin and Zelensky are there?</p>
<p>On social media, Truth <a href="https://truthsocial.com/@realDonaldTrump/posts/114490093180275292" target="_blank" rel="noopener">wrote</a>:</p>
<p>“Russian President Putin does not want a ceasefire agreement with Ukraine, but prefers instead to meet on Thursday in Turkey to negotiate a possible end to the bloodshed. Ukraine should accept this proposal IMMEDIATELY. At least it will be able to determine whether an agreement is possible or not, and if it is not, European leaders and the United States will know where we stand and can proceed accordingly! I am beginning to doubt that Ukraine will make a deal with Putin, who is too busy celebrating the victory of World War II, which could not have been won (not even remotely!) without the United States of America. HOLD THE MEETING NOW!!</p>
<p>So a three-way meeting is on the cards: Putin, Trump, and Zelensky, all together in Turkey.</p>
<p><strong>Tactics and strategy</strong></p>
<p>From Russia’s point of view, this is a great opportunity. The Kremlin could move forward with certain criteria in mind.</p>
<p>First of all, Turkey has been a member of NATO since 1952 and, due to its strategic position, is the country that must be removed first, because it opens and closes the passage between East and West, between the Mediterranean Sea and the Black Sea, between Europe and the Middle East. Removing Turkey from NATO is a long-standing ambition and an attempt that has been underway for years.</p>
<p>Choosing Turkey as the meeting place puts the country at high risk: Erdogan’s already shaky government will find itself involved in negotiations in which it could be called upon to pay the price. If the negotiations fail, Erdogan could find himself bearing part of the blame, thus risking being totally compromised.</p>
<p>Putin could in fact propose as a condition that Turkey be removed from the Atlantic Alliance, greatly weakening NATO’s military and the U.S.’s hold in the Mediterranean and the Middle East. With negotiations between Israel and Palestine and all the international controversy in the offing, Turkey represents an advantage for Israel, because they have always supported each other. In this way, Putin would be able to exclude much of Trump’s influence. The American operates with peace of mind in the Middle East because he knows he has Turkey’s backing, so without that he would be at high risk of compromising his mission.</p>
<p>Let us not forget the importance of Syria’s role in the fall of Bashar Al-Assad’s Syrian government, a slight that Russia remembers very well and that sooner or later will have to be repaid.</p>
<p>This is precisely how Trump’s conflicting statements on Palestine and Israel in recent weeks should be interpreted: they were bluffs, in perfect poker style, designed to provoke a reaction from his opponent and try to discover his next moves. But Russia is well aware of this American style and is ready to react.</p>
<p>Holding the talks in Istanbul, the Second Rome, is highly symbolic: for the Americans who conquered the First Rome, it means taking a step forward; for the Russians, who consider Moscow the Third Rome, it means looking back to the past, leaving the others behind because they are already ahead. It is a very subtle but highly effective form of communication.</p>
<p>While President Vladimir Putin is open to the possibility of resuming talks with Ukraine, there is no shortage of critical voices within Russian society.</p>
<p>The <a href="https://t.me/dvigenie_oplot/1923" target="_blank" rel="noopener">Oplot movement</a>, which is close to radical patriotic positions, has issued a statement saying: ‘If, in the end, the objectives of the special military operation are not achieved, all our losses will have been in vain. How many people have died for nothing? We have endured restrictions for nothing. Everything will have been in vain.” The text questions the legitimacy of Zelensky’s government, denounces the risk of a frozen conflict, and criticizes Turkey’s involvement as a potential mediator. According to Oplot, the minimum conditions remain: denazification, demilitarization, recognition of the new regions, and full responsibility for the crimes committed.</p>
<p>Indeed, these are the conditions that Putin has always emphasized, and it is likely that they will be reiterated at the meeting scheduled for May 15 with Zelensky and Trump. The most challenging task will be to make Zelensky understand that his position is not one from which he can talk tough and that he should therefore begin to think more rationally. The whole of Europe risks crashing into the Eastern Bear simply because a cocaine addict continues to provoke and say nonsensical things, with the blessing of his employers.</p>
<p>Objectively, Russia has a strategic advantage, and this is forcing European and American leaders to explore solutions they would never have considered necessary. There is much more realpolitik in these situations than in many parliamentary sessions, press statements, or phantom multi-year plans.</p>
<p>War is either won or lost. Reaching negotiations does not mean a draw.</p>
<p></p>

link:
https://strategic-culture.su/news/2025/05/12/use-turkey-as-negotiating-forum-between-russia-us-and-ukraine/

tags:
#Security #War and Conflict #Diplomacy #Russia #Turkiye #Ukraine #United States #Vladimir Putin #Volodymyr Zelensky


guid: https://strategic-culture.su/?post_type=article&amp;p=885247
author: ;A A
hash: '1ɮ�* 8hVGl[Ү
tags: #Italiano #China #Diplomacy #Russia #Victory Day #World War II #Xi Jinping
attributes: {"enclosures":[]}
title:
L’eredità della Vittoria: Xi Jinping a Mosca per riaffermare la corretta memoria storica della Seconda Guerra Mondiale

content:
<p><strong><em>In concomitanza con l’80° anniversario della Seconda Guerra Mondiale, Xi Jinping visita Mosca per partecipare alle celebrazioni della Vittoria della Grande Guerra Patriottica, riaffermando l’alleanza con la Russia e l’urgente necessità di custodire una memoria storica corretta, condivisa e multilaterale.</em></strong></p>
<p><strong><span><span><em>Segue nostro</em></span> <a href="https://t.me/SCF_Italiano" target="_blank" rel="noopener">Telegram</a><a href="https://t.me/SCF_Italiano" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/tlg.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875659"></a><a href="https://t.me/SCF_Italiano" target="_blank" rel="noopener"><span>.</span></a></span></strong></p>
<p>Negli scorsi giorni, il presidente cinese Xi Jinping si è recato in visita di Stato in Russia per partecipare alle solenni celebrazioni dell’80° anniversario della Vittoria nella Grande Guerra Patriottica. Come riportato dai media ufficiali cinesi, per Pechino l’occasione ha assunto un valore ben più che cerimoniale: essa si è trasformata in un momento di riaffermazione della necessità di preservare una corretta memoria storica del conflitto mondiale e di valorizzare il ruolo centrale che, accanto all’Unione Sovietica, la Cina ha svolto nel porre termine al nazifascismo.</p>
<p>Su invito del presidente Vladimir Putin, Xi ha guidato la delegazione cinese a Mosca dal 7 al 10 maggio, in un contesto internazionale segnato da crescenti tensioni geopolitiche e derive revisioniste della storia. Nonostante questo, la Cina e la Russia hanno dimostrato di essere in grado di costruire relazioni positive tra due grandi potenze, fornendo un esempio concreto all’intera comunità internazionale. Come ha sottolineato il portavoce del ministero degli Esteri di Pechino, “con visione storica e prospettiva strategica”, i due presidenti hanno portato avanti relazioni bilaterali improntate a “buon vicinato e amicizia duratura, coordinazione strategica completa e mutuo vantaggio, cooperazione win-win”.</p>
<p>In questa importante ricorrenza, e di fronte a un ordine internazionale sottoposto a instabilità e frammentazione, Cina e Russia hanno inteso testimoniare come la memoria della Seconda Guerra Mondiale sia imprescindibile non soltanto per onorare le vittime del conflitto, ma anche per difendere i fondamenti della cooperazione multilaterale e del modello delle relazioni internazionali fondato nel 1945 con la nascita delle Nazioni Unite.</p>
<p>La guerra mondiale è stata il più vasto scontro su scala globale, ma soprattutto il confronto più drammatico della storia umana in termini di vittime. Cina e Unione Sovietica, teatri principali rispettivamente in Asia e in Europa, pagarono un tributo di sangue senza pari: decine di milioni di morti, perdite civili e militari che superano ogni stima, città rase al suolo e società intere travolte dal conflitto. Solo comprendendo appieno l’entità di tale sacrificio, respingendo ogni forma di revisionismo che tende a sminuire il ruolo dei sovietici e dei cinesi nella sconfitta del nazifascismo, è possibile apprezzare il valore della vittoria.</p>
<p>Per l’Unione Sovietica, la lotta iniziata con l’aggressione tedesca che passa sotto il nome di Operazione Barbarossa nel 1941 si concluse con battaglie decisive come quella di Stalingrado (1942-43) e l’offensiva finale su Berlino nel 1945. Il coraggio dei soldati sovietici e la capacità di mobilitare risorse umane e materiali, sotto la leadership incrollabile di Stalin, si rivelarono determinanti per spezzare l’asse nazista.</p>
<p>Sul fronte asiatico, i cinesi resistettero all’invasione giapponese fin dal 1937, in un conflitto durato otto anni e noto in Cina come Guerra di Resistenza contro l’Aggressione Giapponese. La controffensiva cinese, il sacrificio di milioni di combattenti e civili non sarebbero stati sufficienti senza il fondamentale sostegno dell’Armata Rossa, che nel 1945 sbarcò nel Nord-est della Cina per accelerarne la liberazione, insieme a quella della penisola coreana, a sua volta sotto occupazione dell’Impero nipponico. La Dichiarazione del Cairo del 1943, con cui Stati Uniti, Regno Unito e Repubblica di Cina concordarono la restituzione di Taiwan e di altri territori occupati, sancì, inoltre, l’indivisibilità del territorio cinese, comprendente anche l’isola che alcune forze revisioniste vorrebbero indipendente.</p>
<p>Oggi, per l’appunto, assistiamo a continui tentativi di falsificazione del passato. In alcune capitali occidentali proliferano visioni revisioniste che minimizzano i crimini del nazifascismo o trascurano il ruolo decisivo di Mosca e Pechino. Simultaneamente, si incoraggia un ritorno alla “legge della giungla”, in cui il forte predilige il debole, in contraddizione con i principi di solidarietà e cooperazione emersi dal dopoguerra.</p>
<p>Proprio per questo, come ha ricordato dalla stampa cinese, “promuovere una corretta comprensione della Seconda Guerra Mondiale è strettamente connesso alla difesa dell’ordine internazionale giusto. Solo ancorandosi a una prospettiva storica veritiera l’umanità può mantenere un orizzonte di pace di fronte ai rischi di de-globalizzazione e conflitto”.</p>
<p>Tenendo conto di tale contesto, si comprende meglio il significato profondo della partecipazione del leader cinese alle celebrazioni per gli 80 anni della Vittoria sul nazifascismo. La presenza di Xi a Mosca e la deposizione di corone al Mausoleo di Lenin, la sfilata congiunta delle guardie d’onore cinese e russa in Piazza Rossa, l’inno patriottico cantato all’unisono: ogni gesto ha significato il rinnovato impegno di entrambe le nazioni a “ricordare la storia, onorare i martiri e difendere i risultati della vittoria”.</p>
<p>In un anno che segna anche l’80° anniversario della fondazione delle Nazioni Unite, Cina e Russia hanno ribadito la propria responsabilità nel tutelare il sistema Onu-centrico, rafforzando la cooperazione in sede ONU, nei BRICS e nella Shanghai Cooperation Organization, e coinvolgendo i Paesi del Sud Globale in un progetto di governance globale più equo e inclusivo.</p>
<p>Sebbene affondi le proprie radici nel passato, dunque, il messaggio più importante giunto da Mosca riguarda il futuro: soltanto in un mondo multipolare, dove il dialogo sostituisce la coercizione, si possono evitare le derive di un ritorno al passato. Per la Cina, ricordare il sacrificio di decine di milioni di vite durante la Seconda Guerra Mondiale non è un atto nostalgico, ma un imperativo morale e strategico.</p>
<p>Con la visita di Stato di Xi Jinping, Pechino ha voluto ribadire che, in un’epoca di nuove sfide — dall’espansione del protezionismo alle tensioni militari — la cooperazione tra Stati sovrani, fondata su rispetto reciproco e benefici condivisi, rimane la via maestra per garantire pace, sviluppo e progresso per le nuove generazioni.</p>
<p>Così, celebrare la grande Vittoria del 1945 significa onorare chi ha pagato con la vita la libertà degli altri e stringere un patto tra nazioni affinché la menzogna del passato non riemerga a minacciare il futuro. È questa, in definitiva, la lezione che Pechino e Mosca vogliono lasciare a tutto il mondo: la memoria storica è un tesoro da difendere, perché solo così l’umanità potrà camminare insieme su basi di giustizia e fiducia, senza ripetere gli errori tragici del secolo scorso.</p>
<p></p>

link:
https://strategic-culture.su/news/2025/05/12/leredita-della-vittoria-xi-jinping-mosca-per-riaffermare-la-corretta-memoria-storica-della-seconda-guerra-mondiale/


guid: https://www.paulcraigroberts.org/?p=138981
title: British PM Admits UK Being Engulfed in the Camp of the Saints
author: ;pcr3
hash: v=7�YYX��k! Ѫ
tags: #Articles &amp; Columns
attributes: {"enclosures":[]}
content:
<p>British PM Admits UK Being Engulfed in the Camp of the Saints</p>
<p>Paul Craig Roberts</p>
<p>PM Keir Starmer said immigrant-invaders are turning Britain into an “island of strangers.”<span data-sanitized-class="Apple-converted-space">  </span>He blames the Conservatives<span data-sanitized-class="Apple-converted-space">  </span>for betraying the British people for cheap foreign labour that is “pulling our country apart.” Unlimited immigration has inflicted “incalculable damage” on Great Britain.<span data-sanitized-class="Apple-converted-space">  </span>Starmer promises to reduce annual inflows by 100,000.<span data-sanitized-class="Apple-converted-space">  </span>His program seems to be to reduce the rate at which England is becoming an “island of strangers,” not to stop the process.<span data-sanitized-class="Apple-converted-space">  </span>The white birth rate is falling, and that of the immigrant-invaders is rising.<span data-sanitized-class="Apple-converted-space">  </span>Before long there will be no more white countries.<span data-sanitized-class="Apple-converted-space">  </span>The leaders of the white ethnicities thought delivering their countries into the hands of invaders was “the moral thing to do,” a clear indication that the West’s belief system has been destroyed.<span data-sanitized-class="Apple-converted-space">  </span>Upon its new foundations the West is constructing a Sodom &amp; Gomorrah Tower of Babel.</p>
<p>Care4Calais, an activist group for immigrant-invaders, accused Starmer of “fanning the fire of the far-right,” by using “shameful and dangerous language.”<span data-sanitized-class="Apple-converted-space">  </span>Countries based on ethnicity and common values are unacceptable to the liberal-left.<span data-sanitized-class="Apple-converted-space">  </span>Multiculturalism means a Tower of Babel, disunity, and as the immigrant-invaders gain power persecution of the remaining white population.<span data-sanitized-class="Apple-converted-space">  </span>The Camp of the Saints is now upon us just as Jean Raspail predicted in 1973.<span data-sanitized-class="Apple-converted-space">  </span>In the US the judiciary won’t allow President Trump to enforce the law and deport illegal aliens.</p>
<p>How can a country with no sense of itself beyond a geographical location that cannot defend its borders go to war with countries that know who they are, such as Russia, China, and Iran?<span data-sanitized-class="Apple-converted-space">  </span>For whom is a Tower of Babel fighting?</p>

link:
https://www.paulcraigroberts.org/2025/05/12/british-pm-admits-uk-being-engulfed-in-the-camp-of-the-saints/


guid: https://gript.ie/?p=330431
title: INTO answer to Irish Times article reads like rebuttal
author: ;Niamh Uí Bhriain
link: https://gript.ie/into-answer-to-irish-times-article-reads-like-rebuttal/
hash: $�)�Ha�|NC��0�I
tags: #Comment Ireland #Featured #Premium #INTO #Irish Times #letter #motion #Religion in schools
attributes: {"enclosures":[]}
content:
<div><img src="https://gript.ie/wp-content/uploads/2024/04/AisINTO-e1712828564582.jpe" data-sanitized-class="ff-og-image-inserted"></div><p><strong>Dear Reader,</strong></p>
<p>It is a simple statement of fact that if you are looking for diversity of thought in the Irish media, you will struggle to find it. That is why we founded Gript – to serve the gap in the market left by so many of our colleagues, when they decided that the job of journalists was not to challenge consensus thought, but to herd around it, and defend it fiercely.</p>
<p>If you are looking for a media outlet that blames everything on the “far right” in Ireland, then you don’t have to go far to find one. If, by contrast, you are looking for a media outlet that looks beyond that cheap sloganeering, and tries to understand and report on the real concerns held by ordinary people – and a good few prominent people, albeit privately – then that is what we try to do here.</p>
<p>But we cannot do it without your support, and your subscription.</p>
<p>We reject Government funding, because, in our view, that would be the end of our independence. The moment we did so, we would begin looking over our shoulder, and wondering if our coverage of a particular issue might lead to that money being taken away. In time – not all at once, but slowly and inexorably – we would become just another safe, consensus, state-funded voice.</p>
<p>But there’s a bargain to be struck here: If you value our independence, then you must support it. If you want us to be answerable to you, then you must take a stake in our work.</p>
<p>What we try to do here is to be open, honest, and brave. That does not mean that you will always agree with us. It does mean that there will be times when we will annoy you, and publish things you disagree with: That’s part of the deal. We are independent, not servants of one cause, or another.</p>
<p>That is what media is supposed to be, but too often in Ireland no longer is. We are trying to change that, and we need your help. I am, therefore, asking for it, and would deeply appreciate a subscription at the level you can afford.</p>
<p>With gratitude,</p>
<p><strong>John</strong></p>


guid: https://www.paulcraigroberts.org/?p=138978
title: Can the Annual Theft of $521,000,000,000 from the Federal Budget Be Stopped?
author: ;pcr3
hash: ��3�� �A���x��Ef
tags: #Articles &amp; Columns
attributes: {"enclosures":[]}
content:
<p>Can the Annual Theft of $521,000,000,000 from the Federal Budget Be Stopped?</p>
<p>Paul Craig Roberts</p>
<p>Democrat politicians led a break-in at a New Jersey ICE facility.<span data-sanitized-class="Apple-converted-space">  </span>In Worcester, Massachusetts, Democrat city council member Etel Haxhiaj led an assault on local police and federal officers in an effort to prevent apprehension by ICE of a violent immigrant-invader that the Biden scum permitted to illegally enter America in August, 2022.<span data-sanitized-class="Apple-converted-space">  </span>Local police demand action agains Etel Haxhiaj for assaulting police officers, but of course the Democrats support Etel Haxhiaj’s violence against the police, and nothing will happen to her unless the feds step in.<span data-sanitized-class="Apple-converted-space">  </span><a href="https://nypost.com/2025/05/10/us-news/chaotic-video-shows-massachusetts-ice-arrest-being-disrupted-by-unruly-crowd-leading-to-2-arrests/">https://nypost.com/2025/05/10/us-news/chaotic-video-shows-massachusetts-ice-arrest-being-disrupted-by-unruly-crowd-leading-to-2-arrests/</a><span data-sanitized-class="Apple-converted-space"> </span></p>
<p>The fact that the Democrats and their judges are so determined to keep<span data-sanitized-class="Apple-converted-space">  </span>immigrant-invaders from being deported should tell us something.<span data-sanitized-class="Apple-converted-space">  </span>We should also learn something from all the foreign names of Democrat politicians and judges.<span data-sanitized-class="Apple-converted-space">  </span>The Camp of the Saints has deeply advanced into America.<span data-sanitized-class="Apple-converted-space">  </span>The Democrats have made it clear that they intend to rule us in behalf of the millions of immigrant-invaders the Democrats have intentionally brought into our country.</p>
<p>Democrat presstitutes such as Politico are attempting to generate fear of Trump by alleging that ICE will soon be picking up and deporting American citizens.<span data-sanitized-class="Apple-converted-space">  </span>And Trump is going to take away Social Security and destroy education, and so on.<span data-sanitized-class="Apple-converted-space">  </span>The fantasies multiply as the presstitutes stoke the flames of fear of Trump’s efforts to protect America.  They don’t want America.  They want a Tower of Babel. <span data-sanitized-class="Apple-converted-space"> </span></p>
<p>And people fall for the fear-mongering. ICE doesn’t help by picking up foreign students for deportation because they protested Israel’s destruction of Palestine, or by staging daylight raids in an immigrant-invader’s neighborhood. There’s no way we are going to rid ourselves of millions of illegals one by one.<span data-sanitized-class="Apple-converted-space">  </span>Once a country is overrun, as America has been, it is for keeps.<span data-sanitized-class="Apple-converted-space">  </span>Is America any longer America, or has America transitioned into a Tower of Babel?   The Democrat judges and the whore media are enforcing on us America as a Tower of Babel devoid of unity.</p>
<p>I think we are going to find out also that the organizations benefitting from what the nonpartisan Government Accountability Office concludes is $521,000,000,000 worth of larceny annually in the federal budget have squatters’ rights in the larceny.  The theft has gone on for so long and is so institutionalized that the beneficiaries of the fraud regard it as a property right.<span data-sanitized-class="Apple-converted-space">  </span>In effect, those who have been defrauding us now have squatters’ rights in the fraud.</p>
<p>Two articles in the current issue of the <i>City Journal </i>address this serious matter. Steven Malanga brings to our attention that the federal budget funds anti-poverty, community building, social welfare, anti-crime and other such programs that never produce any results but continue to run for decades.<span data-sanitized-class="Apple-converted-space">  </span>Congress funds these programs without even requiring that criteria be established for assessing their success. It seems the money mainly goes for building political machines and the wealth of local politicians primarily for the Democrats who control the inner cities.</p>
<p>Heather Mac Donald exposes the facts of the National Institutes of Health’s funding of medical research.<span data-sanitized-class="Apple-converted-space">  </span>The NIH has been paying the universities where the research is conducted a cover charge equal to 69% of the grant to reimburse the universities for the cost of their infrastructure that supports the research. Universities are each receiving hundreds of million of dollars in “indirect funding” to pay for the university’s infrastructure used in the research.</p>
<p>But what does the cover charge really pay for?<span data-sanitized-class="Apple-converted-space">  </span>It seems it pays for the extraordinary expansion of the size and scope of the administrative bureaucracy. There seem to be endless vice presidents, assistant and vice provosts, and associate deans whose jobs are to police language, thought, speech, political correctness and provide emotional comfort to those in need.<span data-sanitized-class="Apple-converted-space"> </span></p>
<p>For example, the Ivy League University of Pennsylvania has an an associate vice provost for Diversity, Equity, Inclusion &amp; Belonging, a vice dean for Inclusion and Diversity and an Associate Dean for Diversity and Inclusion (the same function three times), offices for Inclusion Initiatives and Social Justice Education, Lesbian Gay Bisexual Transgender Center, Black Cultural Center, Penn Women’s Center, a vice dean for Transgender Patient Advocate Program and the LGBT Student-Trainee-Faculty Mentorship Program. <span data-sanitized-class="Apple-converted-space"> </span></p>
<p>And these listings are just the tip of the iceberg.</p>
<p>The effort of the Trump administration to cut back on the grant overhead charges that fund six figure administration salaries and administrators that apparently in some universities outnumber the faculties is being presented by the universities as “the death of science from lack of funding.”<span data-sanitized-class="Apple-converted-space">  </span>Of course the whore media beats the drums loudly. The totally corrupt Democrat judges will jump in as they have in deportation and all other issues and rule that all of these claims on the taxpayers’ money are valid.</p>
<p>The position of the universities as I read it is that the Trump administration is attempting to take away their <i>entitlement.<span data-sanitized-class="Apple-converted-space">  </span></i>They are asserting squatters’ rights to their theft from the American people, and the Democrat judges will rule in their favor.</p>
<p>Indeed, so might the Republican ones as the judiciary sees in the situation the opportunity to seize power from the executive.</p>
<p>Americans need to understand that if Trump fails, tyranny is their future.</p>

link:
https://www.paulcraigroberts.org/2025/05/12/can-the-annual-theft-of-521000000000-from-the-federal-budget-be-stopped/


guid: 1029652 at https://www.zerohedge.com
title: Were April Tariff Policies Just A Bad Dream?
author: ;Tyler Durden
link: https://www.zerohedge.com/geopolitical/were-april-tariff-policies-just-bad-dream
hash: 4�>�Ou�۵�}��2
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Were April Tariff Policies Just A Bad Dream?</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><a href="https://www.zerohedge.com/academysecurities.com"><em>Authored by Peter Tchir via Academy Securities,</em></a></p>

<p>While the deal hasn’t been finalized, <strong>it looks like for the next 90 days</strong> (at least, as extensions become the norm), the <strong>U.S. is back to 30% on China while they are at 10% on the U.S</strong>.  The Fentanyl related tariffs might be higher, but sounds like that can be reduced too, if it hasn’t already (I am not 100% sure on those details, nor where steel and aluminum fit in, or prior levels of tariffs, like the 100% on solar panels that the Biden administration put on).</p>

<p><strong>I would expect announcements that China will buy various products from the U.S.</strong> (particularly in the ag space). Haven’t seen those yet but would be shocked if they aren’t part of the deal (similar to what was agreed before Trump 1.0 left office that the Chinese never delivered on).</p>

<p>There should be some language around <strong>intellectual property rights</strong> (which will be nice, but of dubious enforceability).</p>

<p>There might be some rules about <strong>transshipment</strong>, the practice of sending goods from China to one or more intermediary countries, to achieve lower tariff rates than direct shipment would include.</p>

<p>With these tariffs, we are back to levels,  in the realm of what was in place ahead of <strong>Liberation Day.</strong></p>

<ul><li>
	<p>At 30%, <strong>much of the tariff can be absorbed by some combination of the supplier, the importer and even FX rates</strong>, so the “pass through” to the consumer should be contained.</p>
	</li>
	<li>
	<p><strong>The 30% tariff will generate revenue for the government</strong>, which has been an important part of their strategy to get the 2026 Budget through (which is extremely important for more growth).</p>
	</li>
	<li>
	<p>At 30% it will provide <strong>time to move manufacturing</strong>, if companies decide to. 30% might be low enough on some things to not force change (though given everything going on, expect most companies to shift away from China faster than they have already been). How much of that is brought back to the U.S. is questionable, now that it looks like the administration is heading towards 10% tariffs (the current “minimum” negotiated with the U.K.) and 30% with China (who we still view as the main competition).</p>
	</li>
	<li>
	<p><strong>Expect a series of deals to be announced now that we seem to have the “best” case (U.K.) and “worst” case of China as boundary conditions.</strong></p>
	</li>
</ul><p><strong>For the first time in months, companies should be able to plan, or at least start formulating plans, with those “guidelines” in mind.</strong></p>

<p>Companies, should also note, that CEO’s meeting in D.C. with the administration, and even those publicly pushing back on media, with valid arguments, seem to be getting their way.</p>

<p>Bottom line is that on tariffs, the President spoke, the market listened and reacted poorly, the administration watched market reactions, and started softening their stance and <strong>here we are, back at something that may or may not deliver the goals of the administration but is certainly in the “manageable” range for global markets</strong>.</p>

<p>We might never know why 50% was “leaked” on Thursday night, why the President, on truth social, sent out on Friday that 80% seems about right, but the good news is that each social media post will translate to smaller market moves (which is a good thing).</p>

<p><strong>Trump did say to buy stocks during the U.K. deal press conference and so far he is 2 for 2 when he says that!</strong></p>

<p>It does seem that the <strong>President is back to viewing stocks as an up to date measure of his policies and that he wants it higher because it means he is winning</strong>. We are all very familiar with that from Trump 1.0 and it seems that we can be at least somewhat comfortable that he is back in this stance. The Main Street over Wall Street narrative seems to be over, though I think the two “streets” go hand in hand if we are going to create successful policy.</p>

<h2>More Announcements</h2>

<p><strong>The President is going to push for drug prices to be “universal”</strong>. The administration is clearly upset that the same drug has very different price points across the globe. <strong>While this can exist in other products as well, the drug industry is unique</strong>. Other products often have local variations making comparisons to domestic markets difficult. Heck, it is hard to get “lowest price” guarantees in the U.S. as each box store seems to get a slightly different version of things, like TV’s, with just enough tweaks, that they aren’t the same product.</p>

<p><strong>But the biggest difference is that the U.S. government effectively bears a chunk of this cost</strong> (primarily through Medicaid).</p>

<p>This is not an area we’ve focused on and there are some concerns about viability of forcing this through, but also what impact it could have on drug development, etc.</p>

<p><strong>The President has been “teasing” more big announcements this morning.</strong></p>

<p>Presumably, they will be market friendly as he seems to have reverted back to wanting to see the market higher.</p>

<p>Bond yields are higher, along with almost all industrial commodities, as <strong>the risk of recession has yet again been reduced</strong>.</p>

<p><strong>In the span of 6 weeks, we went from tariffs that many (including myself) thought would lead to Depression, back to something within the grand scheme of “normalish”</strong>. It makes sense to be back to levels in the market last seen around the original tariffs went in place (first fentanyl, then steel and aluminum).</p>

<p>Now we get to figure out what these tariffs (assuming more deals, and the deals in place remain stable), do for the economy, corporate earnings and stock valuations.</p>

<p>For now, expect more positive announcements on trade, but a lot is already priced in. A 3% move in the S&amp;P 500, which is what futures are indicating, is big, but is barely outside of the scope of what has passed for “normal” in the past couple of months - indicating a lot is already priced in.</p>

<h2>National Security = National Production</h2>

<p>We tried to get Refine “Baby” Refine to catch on late last year and early this year, but settled on <a href="https://academysecurities.com/macro-strategy-insights/a-million-things-to-parse/?asmac=ac3dce0a-3dbe-4199-97cd-427b6718af2a">National Production for National Security</a>. The admin seems to be trotting out Build “Baby” Build, which is along the lines of what we were eagerly looking forward to.</p>

<p>We need to</p>

<ul><li>
	<p><strong>Revisit regulations that were put in place when we were the sole global superpower on the economic front</strong>. What may have made sense when China was less of a threat should be revisited now, in light of the obvious competition (it should have been revied years ago, instead of being added to).</p>
	</li>
	<li>
	<p><strong>Make government spending commitments where necessary to get these projects into launch mode</strong>. Many facilities, from oil refineries, steel and aluminum plants, rare earth and critical mineral processing, require years to get up and running. It will be difficult for private enterprises to start these processes, without having a deep pocketed, committed, buyer. In some cases, this might need to be the government. <strong>The Chips act (minus most of the regulatory burden) might be a useful template.</strong></p>
	</li>
</ul><p>While focusing on this would be implicitly competing with China and the rest of the world, it is far less abrasive than the zero sum game of tariffs and <strong>has a clearer path to victory (making more things in the U.S.)</strong>.</p>

<h2>Bottom Line</h2>

<p>Given that we have “round tripped” rather quickly on tariffs, there is some degree of head scratching about the point of it all?</p>

<p><strong>Are the “wins” so far big enough that it makes sense?</strong> Unclear since the “wins” seem minor so far relative to the status quo before this all started. We also have no clear indication of whether the process helped (lot more manufacturing coming to the U.S.) or hurt (countries shying away from the U.S. and using this respite, to put that into action). I remain more concerned about the latter than excited about the former.</p>

<p>We now have a few months to see how the economy “shakes out” given these tariff levels. We also have to assume, I think, that if any problems start to materialize and get press, that the administration will likely respond. We saw a lot of tough talk, but also the ability to pivot away from problematic (even destructive) polices. Maybe it will be more nuanced before then, but <strong>the Trump Put is alive and well.</strong></p>

<p><strong>Let’s see how the 2026 Budget goes (so far hearing all the right noises) and let’s look for more Build Baby Build</strong>.</p>

<p>The sooner tariffs get pushed to the back of the line, as a policy tool, the better. That is clearly happening.</p>

<p>We have been on board with the goals of</p>

<ul><li>
	<p>Making the middle class larger and wealthier.</p>

	<ul><li>
		<p>Through more jobs.</p>
		</li>
		<li>
		<p>Through lower debt and taxes.</p>
		</li>
	</ul></li>
</ul><p>We just never felt that tariffs were the best way to achieve those goals, and certainly not as they were implemented on Liberation Day. It turns out (or so it seems) that in the end the administration agrees with us.</p>

<p><a><strong>Good luck</strong></a>. I think we can all breathe a sigh of relief as things “normalize”.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/2025-05-12_06-05-36.jpg?itok=IM_pOz7s" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2025-05-12_06-05-36.jpg?itok=IM_pOz7s"><picture><img data-entity-type="file" data-entity-uuid="e22444bc-bc33-4343-b87e-413dd8b94d0a" data-responsive-image-style="inline_images" height="327" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2025-05-12_06-05-36.jpg?itok=IM_pOz7s" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>I suspect our adversaries and competitors learned more about us, than we did about them, during this tariff driven period of policy (it isn’t over yet, the scope seemed to have narrowed, and markets responding to threats or social media posts, is likely greatly diminished).</p>

<p><strong>Technicals,</strong> will matter as the overnight moves push the Nasdaq 100 above all of its moving averages and put the S&amp;P 500 right around the 100 and 200 day – important levels of resistance, that if broken, should create more upside.</p>

<p>Bulls seem likely to get more positive headlines in the short term, while both bulls and bears need to put pen to paper (or use AI) to figure out what the likely trajectory is for the economy.</p>

<p>It is far less bad here and certainly not dire, but uncertainty has been high (and likely has some lingering questions) and it is difficult to figure out not just what companies will do in the coming months, it is difficult to anticipate what other countries will be doing, given the events of the past two months.</p>

<p>I continue to think we got to here, because “we” have been making to many assumptions about the rest of the world and how they will respond to U.S. actions. <strong>It is right to be optimistic from here, especially since it does seem that the President is back to watching stocks and linking himself to them </strong>(rather than admonishing the world that Wall Street would be sacrificed for Main Street).</p>

<p><strong>Having said that, this economy had some cracks coming into the presidency</strong>, not the least of which was an overreliance on government spending (running recession fighting style deficits while the stock and job market were doing well!</p>

<p>The bond market is now pricing in the first cut, in September with just over 2 for the year. That might be on the low end.</p>

<p>With all that has gone on, the most difficult thing to do will be to figure out how much of the data and activity in the coming weeks and months is a response to prior policies, and revisions, versus <strong>something that approaches a “steady state”</strong>.</p>

<p><strong>It has gone from being easy to dismiss good numbers, to likely being easy to dismiss bad numbers, as we adjust.</strong> While we are only half way through the 2nd quarter (wow, it seems like we are further into the year for that), many 2nd quarter numbers will have been affected by preparation for tariffs, responses to Liberation Day, and now, to responses to a much more benign tariff environment (one that may yet impact inflation and growth, but in a “reasonable” way, rather than by orders of magnitude).</p>

<p><strong>What a wild couple of months!</strong></p>

<p><strong>This is one of the few times we didn’t publish on Sunday</strong>, because the China tariff talks were so important, that it made zero sense to publish ahead of any results from those talks.</p>

<p>Even with some knowledge of what the talks have led to, there is a lot of uncertainty and risk remaining in this market. While the Trump Put is back, if more positive headlines don’t launch us through resistance, we might just meander along as we really do need to figure out what the mix of policy and already shifting economic conditions, and global relationships mean.</p>

<p><strong>Good luck and hopefully this brings us back to a path where we can be optimistic about growth!</strong></p>

<p>Hopefully the April tariff policy was just a nightmare that is settling down and we can move on to things that should provide the positives with less uncertainty!</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T13:20:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 09:20</span>


guid: https://gript.ie/?p=330443
title: Starmer: UK risks becoming “an island of strangers”
author: ;Ben Scallan
link: https://gript.ie/starmer-uk-risks-becoming-an-island-of-strangers/
hash: �b�P^c 1O�d�b5
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content:
<div><img src="https://gript.ie/wp-content/uploads/2025/05/Keir-Starmer.jpg" data-sanitized-class="ff-og-image-inserted"></div><p><strong>UK Prime Minister Keir Starmer has pledged to “finally take back control of our borders”, warning that the country is at risk of becoming “an island of strangers” without significant immigration reform.</strong></p>
<p>Speaking at a press conference in London on Monday to unveil the government’s new Immigration White Paper, the Labour leader said that “nations depend on rules” and that the current system has allowed “chaos” to replace control.</p>
<p>“This strategy will finally take back control of our borders and close the book on a squalid chapter for our politics, our economy, and our country,” he said.</p>
<p>Starmer accused the previous Conservative government of running an “experiment in open borders” despite promising to reduce immigration.</p>
<p>“Between 2019 and 2023, even as they were going around our country telling people, with a straight face, they would get immigration down, net migration quadrupled,” he said. “Until in 2023, it reached nearly 1 million, which is about the population of Birmingham, our second largest city. That’s not control – it’s chaos.”</p>
<p>He went on to claim the spike in migration was not accidental.</p>
<p>“I don’t think you can do something like that by accident,” he said. “It was a choice…a one-nation experiment in open borders conducted on a country that voted for control.”</p>
<p>Explaining the philosophical basis for the reforms, Starmer said the country’s values were being undermined by the absence of clear boundaries.</p>
<p>“Without them, we risk becoming an island of strangers,” he said. “Not a nation that walks forward together.”</p>
<p>The Prime Minister said that the new plan is about “fairness” and that migrants should commit to integration by learning English and contributing to society.</p>
<p>“When people come to our country, they should also commit to integration, to learning our language,” he said. “And our system should actively distinguish between those that do and those that don’t.”</p>
<p>Starmer also insisted the system must continue to allow Britain to attract top global talent, while tackling abuses.</p>
<p>“You cannot simply pull up a drawbridge, let nobody in, and think that is an economy that would work,” he said. “But at the same time, we do have to ask why parts of our economy seem almost addicted to importing cheap labour rather than investing in the skills of people who are here.”</p>
<p>He pointed to engineering as an example, citing a rise in visas despite a fall in apprenticeships.</p>
<p>“Is that fair to Britain?” he asked. “Is it fair to young people weighing up their future to miss out on those apprenticeships, to see colleges in their community almost entirely dedicated to one-year courses for overseas students? No, I don’t think it is.”</p>
<p>The White Paper includes a range of reforms aimed at reducing immigration and tightening visa routes:</p>
<ul><li><strong>Work visas</strong> will now generally require a degree-level qualification, reversing previous changes that had lowered the bar to A-level equivalents.</li>
<li><strong>Settled status will require 10 years of UK residency</strong> instead of five, except for dependents of British citizens and certain high-skilled workers.</li>
<li><strong>English language requirements</strong> will be raised across all visa categories, including for dependents.</li>
<li><strong>The social care visa route</strong> will be scrapped by 2028 due to what ministers describe as “exploitation and abuse”.</li>
<li><strong>Overseas graduates</strong> will have only 18 months to remain in the UK after studying, down from two years.</li>
<li><strong>High-skilled migration schemes</strong> – including the global talent visa – will be expanded to include more universities and researchers.</li>
<li><strong>Refugee employment pilot schemes</strong> will be extended for UN-recognised refugees in sectors such as IT and engineering.</li>
</ul><p>Starmer pledged that immigration levels will fall as a result of these policies.</p>
<p>“Make no mistake – this plan means migration will fall,” he said. “That’s a promise.”</p>
<p>He said the reforms are not about numbers alone, but about changing the nature of immigration to favour skilled and economically beneficial migrants.</p>
<p>“We will finally honour what ‘take back control’ meant and begin to choose who comes here so that migration works for our national interest,” he said.</p>
<p>The Prime Minister also argued that the reforms will force employers to invest in training British workers.</p>
<p>“We will create a migration system that is controlled, selective, and fair,” he said.</p>
<p>“A clean break with the past that links access to visas directly to investment in homegrown skills.”</p>
<p>While Starmer did not specify a target for overall migration levels, he said the aim is to bring about “lower net migration, higher skills, \[and] backing British workers.”</p>
<p>The announcement follows a record high in net migration in 2023, and comes amid mounting political pressure to overhaul the UK’s immigration system. The new proposals will be subject to consultation and parliamentary scrutiny before being introduced.</p>

tags:
#Featured #World News #Ben Scallan #Britain #Immigration #Keir Starmer #Prime Minister #UK #United Kingdom


guid: yt:video:Pgc0ekM_3Tw
title: Senator Paul Prosper and First Nations leaders outline priorities for new Parliament
author: ;cpac
link: https://www.youtube.com/watch?v=Pgc0ekM_3Tw
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{"enclosures":[{"url":"https://www.youtube.com/v/Pgc0ekM_3Tw?version=3","title":"Senator Paul Prosper and First Nations leaders outline priorities for new Parliament","description":"Nova Scotia Senator Paul Prosper (Canadian Senators Group) holds a news conference in Ottawa along with a number of First Nations chiefs and leaders joining him in person and virtually. The participants, including Assembly of First Nations National Chief Cindy Woodhouse Nepinak, outline First Nations priorities for the return of Parliament. The 45th Parliament is set to begin sitting on May 26, 2025.","type":"application/x-shockwave-flash","height":390,"width":640,"thumbnails":["https://i1.ytimg.com/vi/Pgc0ekM_3Tw/hqdefault.jpg"]}]}


guid: 1029627 at https://www.zerohedge.com
title: China's Keynesian Model Is Crumbling. It Needs a Trade Deal, Fast...
author: ;Tyler Durden
link: https://www.zerohedge.com/geopolitical/chinas-keynesian-model-crumbling-it-needs-trade-deal-fast
hash: T9hY�j��,��y1��
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">China's Keynesian Model Is Crumbling. It Needs a Trade Deal, Fast...</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><a href="https://www.dlacalle.com/en/chinas-keynesian-model-is-crumbling-it-needs-a-trade-deal-fast"><em>Authored by Daniel Lacalle,</em></a></p>

<p><strong>In the past decade, the Chinese economy has expanded its central-planned neo-Keynesian model that simply cannot survive without a trade deal.</strong> The Chinese manufacturing sector has followed a running-to-stand-still strategy that simply cannot subsist without the enormous trade surplus with the United States.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/6813f7afa466d2b74ab4ce64.jpg?itok=CGTGK4nm" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/6813f7afa466d2b74ab4ce64.jpg?itok=CGTGK4nm"><picture><img data-entity-type="file" data-entity-uuid="a27e5369-350f-4579-b89b-215e5c881deb" data-responsive-image-style="inline_images" height="375" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/6813f7afa466d2b74ab4ce64.jpg?itok=CGTGK4nm" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>The <strong>Chinese manufacturing sector overcapacity is not an anecdote</strong>. It is the norm. China produces 30% of the world’s manufacturing goods but consumes less than 18%, according to CKGSB. Additionally, China’s industrial capacity utilization rate fell to 74.1% in the first quarter of 2025.</p>

<p>China’s Keynesian central planning model aims to maximise employment and maintain strong economic growth, despite financial constraints and excessive indebtedness. Thus, it needs to sell its excess production to avoid a massive problem of working capital. Even the government has recognised the problem in a roundabout way, noting that “involution”-style competition (wasteful competition) is a major focus for the 2025 economic policy, and steps are being taken to reduce unnecessary investments and control growth in some industries. However, overcapacity in China is not a fatality; it was created by political design, with local and national authorities trying to boost GDP at any cost.</p>

<p>The model is aimed at keeping full employment and economic growth even with economic returns below the cost of capital, and it almost works if the excess capacity can be sold globally, receiving reserve currency and maintaining low costs by passing the working capital cost to global consumers and maintaining low production expenditure with currency controls and exchange rate fixing. However, the combination of rising debt, a constantly weakening currency, and the escalating bankruptcy and working capital issues could potentially bring this model to a collapse, even in the absence of an official recession.</p>

<p><strong>China has learnt that it cannot endure a trade war and cannot substitute the US consumer, the richest and largest market, with European or Latin American consumers. </strong>Therefore, it needs a trade deal quickly before the domino of bankruptcies that has plagued the Chinese economy since 2021 erupts into a full-blown financial crisis.</p>

<p><iframe allow="accelerometer; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="340" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/RsWU-oTzPC8" title="HISTORIC UNITED STATES - UK TRADE DEAL" width="604" sandbox="allow-scripts allow-same-origin"></iframe></p>

<p><strong>China is officially in deflation for the third consecutive month in April. </strong>Business insolvencies are projected to increase by 7% in 2025 and by 10% in 2026, according to Allianz, even as the government implements additional fiscal stimulus.</p>

<p><strong>Small and medium-sized enterprises, particularly exporters, are facing mounting bankruptcies</strong> due to declining cash flow and the elimination of US tariff exemptions. Job losses are rising in export-dependent regions, and the urban unemployment rate is expected to average 5.7% in 2025, above the official target, according to CNBC.</p>

<p><strong>The official NBS Manufacturing PMI fell sharply to 49.0</strong> in April 2025, the steepest decline since December 2023, reflecting a drop in output, new orders, and employment, with foreign orders shrinking to their lowest in at least eleven months.</p>

<p><strong>The collapse of the real estate sector, which once accounted for up to 30% of GDP, has weakened banks,</strong> reduced household wealth, and led to a negative wealth effect, further depressing consumption and credit demand.</p>

<p>China’s economic strengths are well known, but the weaknesses are too important to ignore. The situation serves as a reminder that central planning never works. Everything that is weak in China comes from previous years of government policies aimed at boosting economic growth by building stuff and hoping it would sell at some point. Furthermore, rising bankruptcies, an imploding property market, and mounting local government debt strain the financial system just as non-performing loans from the Belt and Road Initiative (BRI) soar. <strong>Several BRI countries have defaulted on their debts or required IMF bailouts, including Sri Lanka, Zambia, Ghana, and Pakistan, while the BRI generated $385 billion in off-the-books debt.</strong></p>

<p><iframe allow="accelerometer; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="340" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/LS8ac8Htopg" title="US TRADE TARIFFS. FEWER DOLLS?" width="604" sandbox="allow-scripts allow-same-origin"></iframe></p>

<p><strong>Keynesian policies always lead to high debt and stagnation. </strong>However, when combined with a centralised planning system, a closed financial system, and capital controls, Keynesian policies create a dangerous mix of overcapacity, poverty, and economic slack. China can only begin to address its enormous working capital problem through a quick and successful trade deal with the United States. It will benefit China enormously if the government opens its economy, lifts capital controls, and allows the private sector to breathe. <strong>An implosion of the overcapacity problem hidden from the media, offset by even more central planning and stimulus spending, is only going to weaken China in the long run.</strong></p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T13:45:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 09:45</span>


guid: https://strategic-culture.su/?post_type=article&amp;p=885253
title: Russia, U.S. and the new national political divisions
author: ;A A
link: https://strategic-culture.su/news/2025/05/12/russia-us-and-new-national-political-divisions/
hash: 8�í�(�^UPGv�d��
tags: #Russia &amp; CIS #World #New World Order #Russia #Victory Day #West #World War II
attributes: {"enclosures":[]}
content:
<div data-sanitized-class="code-block code-block-2">
<p><strong><em>The Russian celebration of Victory Day over the Nazis, held in Moscow on May 9, will serve to illuminate the real political divisions on the planet.</em></strong></p>
<p><strong><span>Join us on </span><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener">Telegram</a><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/tlg.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875659"></a>, <a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener">Twitter</a><a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/twitter.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875661"></a><span>, and</span> <a href="https://vk.com/strategicculture/" target="_blank" rel="noopener">VK</a><a href="https://vk.com/strategicculture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/wk.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875662"></a>.</strong></p>
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<p><strong><span>Contact us:</span> </strong><a href="mailto:info@strategic-culture.su" target="_blank" rel="noopener"><u><strong>info@strategic-culture.su</strong></u></a></p>
<p>Since most Westerners are accustomed to dividing their politics between left and right, the Russian celebration of Victory Day over the Nazis, held in Moscow on May 9, will serve to illuminate the real political divisions on the planet.</p>
<p>The most significant event of the 80th anniversary of the defeat of Nazism is undoubtedly the cancellation of Russia by Western Europe. Since propaganda has decreed that Putin is the new Hitler, Russia itself must be cancelled, even though it played a crucial role in the victory over the Axis, and even though the war cost the Soviets an incomparable number of soldiers. If <a href="https://www.theguardian.com/lifeandstyle/2022/mar/23/russia-protests-vodka-mustard-poutine" target="_blank" rel="noopener">even Dostoevsky</a> was cancelled in Western Europe, canceling Stalin’s feat is a small matter. In the VIP backyard of the U.S., Western Europe, the geopolitical nature of the new division is more visible: on one side are the Europeanists in Brussels, who want Biden’s U.S. back, and on the other are Russia and anything that is even remotely sympathetic to it (which includes the BRICS, despite all the internal inconsistencies).</p>
<p>The internal political nature of this division is harder to identify, considering Western Europe. The main agenda of the anti-EU guys is the end of unrestricted immigration. To be “far-right”, “anti-democratic” and, perhaps, a “Russian agent” is to be anti-immigration. However, the agenda of customs, which mobilizes a lot in the Americas, is left aside by the European “far-right”. AfD is led by a lesbian in a stable relationship with an immigrant woman, and there doesn’t seem to be a single soul who would be bothered by that. In the Americas, an anti-system leader with this profile is unimaginable (except, maybe, Argentina, which is quite European in this regard). It can be said, then, that Europe has become very liberal in terms of customs, so that social conservatism is not a relevant issue in the political-party scenario.</p>
<p>The matter in which Europe has not become very liberal is social spending. Europe still has welfare states. Since welfare states are difficult to maintain in an increasingly deindustrialized economy, with a collapsing birth rate and no national currency, it is not difficult to understand how a speech like Milei’s would find space in Europe. Furthermore, Argentina teaches us that a stupid state, whose bureaucracy imposes wokeism, can generate an anarchist sentiment. It is no surprise, then, that anti-immigration “far-right” parties are often liberal in terms of economics, such as the Portuguese Chega. On the other hand, the European left has become so liberal that attempts to build an economic alternative are small or peripheral. The important Tsipras party is from the weakened Greece; in the powerful Germany, Sahra Wagenknecht founded her own party and was not reelected.</p>
<p>The woke left’s “big” state, which spends on keeping drug addicts on the streets and illegal immigrants in the country, is at the service of neoliberalism: on the one hand, the greater the state spending, the greater the debt; and, consequently, the greater the control by supranational organizations controlled by financiers. On the other hand, the more immigrants, the greater the supply of cheap labor. Thus the state is weakened, spending poorly and being hated, while a select private sector makes money from its debts and cheap labor.</p>
<p>Now let’s go to another backyard of the U.S., my Brazil. I believe that from here one can see more easily that the division between left and right is collapsing – and, once again, there is no better place to divide the waters than Russia.</p>
<p>Lula decided to go to Moscow to participate in the Victory Day celebrations. That was enough for right-wing liberal media outlets to consider him a disgrace to diplomacy.</p>
<p>In Brazil, being right-wing generally means being anti-PT (anti Workers’ Party, Lula’s party), so there is plenty of room to repeat the same ideas as a Macron and be considered “democratic right-wing.” All you have to do is insult the PT and condemn corruption. The liberal right in Brazil supports Israel and Ukraine unconditionally. When Russia entered in Ukraine, Bolsonaro was still in power – and the liberal right made a fuss because he did not want to sanction Russia, whose fertilizers are essential for Brazilian agriculture. Although Bolsonaro gave a lot of power to an openly liberal banker, who was his Minister of Economy, liberals still condemned him for being a populist leader. Sometimes I think that a lack of charisma is an essential requisite of liberalism.</p>
<p>Lula also gives everything and more to the liberals. His rebellion so far consisted of the aforementioned trip to Moscow and a statement against Netanyahu that had no practical consequences (he really could remove Brazil from its status as an observer member of the IHRA, which lobbies for the censorship of critics of Zionism). However, the actions of Lula administration have greatly disappointed its Bolivarian neighbors. Brazil vetoed Venezuela’s entry into the BRICS, demanded minutes to recognize the reelection of Maduro (who is openly pro-Russia and anti-U.S.) and promptly recognized the reelection of Daniel Noboa in Ecuador, despite allegations of fraud by the leftist candidate. Like the Europeanists in Brussels, Lula is nostalgic for the Biden Era. The days when he was a darling of Caracas are long gone.</p>
<p>Both the right and the left are divided. On the one hand, Bolsonaro is persecuted by the establishment without the support of many right-wing liberal politicians whom he helped elect. On the other hand, the left is divided over global issues. Lula’s foreign policy has generally been more pro-U.S. than pro-BRICS. Domestically, the woke left, which is largely funded by NGOs and foundations in the North Atlantic, has preferred to remain silent on the Palestinian issue. This demoralizing fact, combined with budget cuts to the NED and USAID, has led to loud and clear criticism of wokeism once again within the left, after about ten years of self-censorship. At the moment, Lula’s party is about to choose its president: the favorite candidate went to the U.S. embassy; another, to counter him, went to<a href="https://www.metropoles.com/brasil/disputa-no-pt-falcao-visita-embaixada-palestina-edinho-foi-a-dos-eua" target="_blank" rel="noopener"> the Palestinian embassy</a>.</p>
<p>In addition to the woke NGO people, in Brazil there are right-wing NGO people, whose most popular icon is the late cult leader Olavo de Carvalho (I have already explained <a href="https://strategic-culture.su/news/2024/10/20/greatest-brazilian-neoconservative-phenomenon-in-nutshell/" target="_blank" rel="noopener">here</a> what Olavismo is, a movement that includes the dissemination of neocon propaganda). This group gained positions in the Bolsonaro administration, but was generally incapable of governing, and is now dedicated to ridiculing Bolsonaro himself – an action that indirectly contributes to the election of names from the liberal right.</p>
<p>In Brazil, there is a favorable scenario to exchange the <em>left vs. right</em> division for the <em>pro-NATO liberalism vs. pro-BRICS</em> nationalism division. The stance of left and right liberals in relation to Russia is especially revealing. In a debate with Dugin in 2011, the cult leader Olavo de Carvalho defended the crazy theory that Russia was in cahoots with other Western “metacapitalists” (a class that includes Soros) and that this could become evident in the future. Far from accepting the refutation offered by reality, the cult’s followers repeat this as true political analysis in countless YouTube programs. On the left, a media outlet whose profiles are confused with that of TV Brasil during Lula administration, <a href="https://iclnoticias.com.br/1o-capitulo-do-livro-de-navalny-ativista-russo/" target="_blank" rel="noopener">is releasing</a> the translation of Navalny’s book, treating this ethnic supremacist as a freedom fighter.</p>
<p>Given that in Europe both the left and the right are very liberal in their customs, and that only a minority or peripheral part of the left has shown a reaction to economic liberalism, I believe that the scenario is less prone to political upheavals then Brazil.</p>
<p></p>


guid: yt:video:UwCUmgSvNi0
title: Qui est ce sénateur?
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guid: yt:video:bym5bSHudcQ
title: Who’s That Senator?
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guid: https://ici.radio-canada.ca/nouvelle/2164425/sopfeu-lutte-feu-foret
title: Feux de forêt : le Québec envoie des renforts en Saskatchewan et en Ontario
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<p> Deux avions-citernes (CL-415) et leur équipage ont été envoyés à Meadow Lake, en Saskatchewan.</p>

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guid: 1029663 at https://www.zerohedge.com
title: Indian Stocks Log Best Day In 4 Years As Ceasefire With Pakistan Holds, Airports Reopen
author: ;Tyler Durden
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<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Indian Stocks Log Best Day In 4 Years As Ceasefire With Pakistan Holds, Airports Reopen</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>The ceasefire between India and Pakistan which ended nearly a week of intense border fighting which included heavy cross-border shelling, aerial engagements, and drone warfare is holding into Monday. Washington, New Delhi, and Islamabad are celebrating.</p>

<p>Signs of normalcy and life are fast returning to both sites of the restive Line of Control (LOC) in the disputed Jammu and Kashmir regions, where the fighting took place. India's aviation authority announced Monday that <strong>32 airports in hard-impacted northern regions of the country have reopened</strong>.</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/csfre.jpg?itok=ABVncIpp" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/csfre.jpg?itok=ABVncIpp"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="c7e42122-f8ff-48ee-997e-b8878184293e" data-responsive-image-style="inline_images" height="247" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/csfre.jpg?itok=ABVncIpp" typeof="foaf:Image" width="500"><figcaption><em>Pakistani celebrations this weekend in Multan after ceasefire proclaimed, via AFP.</em></figcaption></figure></picture></a>

<p>Airports across Srinagar, Chandigarh, and Amritsar had been ordered closed, all commercial flights halted, since May 9th and the launch of India's 'Operation Sindoor' - meant as retaliation for last month's Pahalgam terror attack which left 26 mostly Indian tourists dead.</p>

<p>Both India and Pakistan had at one point imposed blanket suspensions of civilian aviation across broad swathes of their countries, and various international carriers had paused service to the warring countries, during what was the worst fighting in decades.</p>

<p>The ceasefire went into effect after Trump's major Saturday morning announcement, which was around 5pm in India and Pakistan that "After a long night of talks mediated by the United States, I am pleased to announce that India and Pakistan have agreed to a FULL AND IMMEDIATE CEASEFIRE." He lauded the leaders of both countries for "using common sense and great intelligence."</p>

<p>Still there were reports of some violations, but nothing major in terms of sustained shelling has <a href="https://www.aljazeera.com/news/2025/5/12/we-want-permanent-solution-fear-and-fatigue-in-kashmir-after-ceasefire">come out of it</a>:</p>

<blockquote>
<p><em>Hours after the ceasefire was announced on Saturday, India accused Pakistan of <a href="https://www.aljazeera.com/news/2025/5/10/india-and-pakistan-agree-to-an-immediate-ceasefire-after-days-of-escalation">violating it</a> by shelling border regions. Residents across major towns in Kashmir were on their toes, once again, after drones reappeared in the skies.</em></p>

<p><em>One of the worst-affected places in Kashmir during these days is Uri, a picturesque town of pear orchards and walnut groves close to India’s contested border with Pakistan.</em></p>
</blockquote>

<p>There are various regional reports saying that in many of these hardest-hit villages and towns along the border, people are actually returning to their homes, in a sign of optimism that the peace will hold. Some market headlines also point to optimism:</p>

<ul><li>INDIA'S NIFTY 50 INDEX JUMPS 3% AFTER CEASEFIRE WITH PAKISTAN</li>
	<li>PAKISTAN'S KSE-30 SURGES 9.2% ON INDIA TRUCE, IMF LOAN PAYOUT</li>
	<li>TRUMP: LEADERSHIP OF INDIA, PAKISTAN UNWAIVERING<br>
	TRUMP PRAISES FULL, IMMEDIATE CEASEFIRE BETWEEN INDIA, PAKISTAN</li>
	<li>Reuters:<strong> Indian stocks log best day in 4 years on border truce; Pakistan shares surge</strong></li>
</ul><p>Monday trading saw the Nifty50 close above 24,000; and BSE Sensex rallied 3,000 points to cross 82,400. Overall this constituted a <strong>sharp rally of nearly 4%</strong> in India’s benchmark indices.</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/indiamarketmonday.jpg?itok=0mPQ6-s4" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/indiamarketmonday.jpg?itok=0mPQ6-s4"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="4a9293b2-3e19-4f96-9118-dddee1a839cc" data-responsive-image-style="inline_images" height="282" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/indiamarketmonday.jpg?itok=0mPQ6-s4" typeof="foaf:Image" width="500"><figcaption><em>Graphic source: CNBC</em></figcaption></figure></picture></a>

<p>To be expected, <strong>both sides are claiming a 'win'</strong> - however, India reportedly lost up to five jets in hostile encounters. Both sides have thanked Trump for his peace mediation efforts, meanwhile.</p>

<p><strong>"We thank President Trump for his leadership and proactive role for peace in the region,"</strong> said Prime Minister Shehbaz Sharif.</p>

<p>Days prior to the ceasefire, Vice President J.D. Vance had explained to Fox News that Washington would not get involved militarily, but would use its diplomatic might: "What we can do is try to encourage these folks to de-escalate a little bit, but we’re not going to get involved in the middle of a war that’s fundamentally none of our business and has nothing to do with America’s ability to control it," he said.</p>

<p><i>Everyone is happy except for mainstream media, it seems...</i></p>

<p><i><a data-image-external-href="" data-image-href="/s3/files/inline-images/rstrump.jpg?itok=Rs2uD236" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/rstrump.jpg?itok=Rs2uD236"><picture><img data-entity-type="file" data-entity-uuid="395f040c-99bd-4148-8f58-067de6db7e95" data-responsive-image-style="inline_images" height="618" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/rstrump.jpg?itok=Rs2uD236" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></i></p>

<p>In this conflict at least, Trump has <strong>fulfilled a campaign promise to essentially be a 'peace' president</strong> who negotiations the end to wars, and avoids starting them. This is certainly a diplomatic win as be departs for a Middle East tour (Saudi Arabia, Qatar, UAE).</p>

<p>Meanwhile, Trump addresses India-Pakistan peace on Monday...</p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">Trump on India-Pakistan conflict:<br><br>
I said come on, we are going to do a lot of trade with you guys, let's stop it. Let's stop it. If you stop it we are doing trade, if you don't we are not going to do any trade. <a href="https://t.co/VsJ4AlVDHq">pic.twitter.com/VsJ4AlVDHq</a></p>
— Clash Report (@clashreport) <a href="https://twitter.com/clashreport/status/1921927743282843998?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T14:05:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 10:05</span>

link:
https://www.zerohedge.com/markets/indian-stocks-log-best-day-4-years-ceasefire-pakistan-holds-airports-reopen


guid: 1029674 at https://www.zerohedge.com
title: Key Events This Week: CPI, PPI, Retail Sales And Nonstop Fed Speakers
author: ;Tyler Durden
link: https://www.zerohedge.com/markets/key-events-week-cpi-ppi-retail-sales-and-nonstop-fed-speakers
hash: �"�|��?GZ��ga�~
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<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Key Events This Week: CPI, PPI, Retail Sales And Nonstop Fed Speakers</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>With markets euphoric over the US-China trade war truce, which in turn has made all economic data meaningless as all recent and upcoming data reports will have to be viewed on a pro forma basis, one which no longer reflect the post-truce world, one can discount the key macro events on deck this week, which are <strong>the CPI report on Tuesday, the retail sales report on Thursday, and the University of Michigan report on Friday. </strong></p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/data%20week%20ahead_6.jpg?itok=LSUVMwqx" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/data%20week%20ahead_6.jpg?itok=LSUVMwqx"><picture><img data-entity-type="file" data-entity-uuid="56cecdd9-0640-4781-88b5-f58c6b260548" data-responsive-image-style="inline_images" height="480" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/data%20week%20ahead_6.jpg?itok=LSUVMwqx" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>There are also several speaking engagements by Fed officials this week, including a speech on the Fed’s framework review by Chair Powell on Thursday. Still, the market will need catalysts to kneejerk to, so let's go over the week's macro agenda.</p>

<p>Looking into the main US upcoming data in more detail, for US CPI tomorrow, DB expect the headline (+0.26% forecast vs. -0.05% previous) number to be slightly below that of core (+0.29% vs. +0.06%) with consensus for both at 0.3%. Both DB and consensus expect the YoY rate to remain unchanged at 2.4% and 2.8%, respectively. One of the main reasons the economists are expecting a firm core goods print is due to <strong>strong gains in vehicle prices after robust new vehicle sales in recent months. </strong>The risk to this month though is that dealers refrained from price rises in April knowing that with tariffs coming they will have to raise them soon. So we know auto price rises are coming but it may not be April.</p>

<p>Indeed, as DB's Jim Reid writes, April overall may be too early for tariff price rises to show up - especially now that tariffs with China have been pushed back - but the bank's economists advise looking out for <strong>any early signs in some of the import-heavy categories such as apparel and household furnishings and supplies. </strong></p>

<p>In addition <strong>food prices could be another place to look for any early signs of the tariffs that went into place in February. </strong>The effects from the washing machine tariffs in early 2018 took about two months to start showing up in the CPI data.</p>

<p>For PPI on Thursday, DB and the consensus expect a 0.3% monthly print on headline and core but we'll pay more attention to the components that feed into core PCE as usual. Retail sales on the same day will be the other big release of the week: here economists expect <strong>slight dips in auto sales and gasoline prices to weigh on headline </strong>(unch. vs. +1.5%) and ex-autos (+0.2% vs. +0.6%) sales. However they expect retail control (+0.4% vs. +0.4%), which feeds into GDP, to remain solid. <strong>The potential curveball is if consumers have front loaded purchases ahead of tariffs and we get strong data. </strong></p>

<p>Thursday is a busy day as Powell speaks and this will provide him with an opportunity to comment on the data if he's sees anything meaningful within it. So one to watch especially given that Powell said last week that "we don't know which way this is going to shake out".</p>

<p><em>Courtesy of Deutsche Bank, here is a day-by-day calendar of events</em></p>

<p><u><strong>Monday May 12</strong></u></p>

<ul><li><strong>Data: </strong>US April federal budget balance, Japan March BoP current account balance, BoP trade balance, April bank lending, Economy Watchers survey, Denmark April CPI</li>
	<li><strong>Central banks: </strong>Fed's Kugler speaks, BoE's Lombardelli, Greene, Taylor and Mann speak</li>
	<li><strong>Earnings: </strong>UniCredit, Petroleo Brasileiro</li>
</ul><p><u><strong>Tuesday May 13</strong></u></p>

<ul><li><strong>Data</strong>: US April CPI, NFIB small business optimism, UK March average weekly earnings, unemployment rate, April jobless claims change, Japan April M2, M3, Germany May Zew survey, March current account balance, Eurozone May Zew survey</li>
	<li><strong>Central banks: </strong>BoJ's summary of opinions from April meeting, ECB's Escriva, Knot and Makhlouf speak, BoE's Governor Bailey and Pill speak</li>
	<li><strong>Earnings</strong>: Munich Re, Sea, JD.com, Bayer, Venture Global, On Holding</li>
</ul><p><u><strong>Wednesday May 14</strong></u></p>

<ul><li><strong>Data</strong>: Japan April PPI, Canada March building permits</li>
	<li><strong>Central banks</strong>: Fed's Waller, Jefferson and Daly speak, ECB's Nagel and Holzmann speak, BoE's Breeden speaks</li>
	<li><strong>Earnings</strong>: Tencent, Cisco, Sony, E.ON, Coreweave, RENK, Burberry</li>
</ul><p><u><strong>Thursday May 15</strong></u></p>

<ul><li><strong>Data</strong>: US April PPI, retail sales, industrial production, capacity utilisation, May Philadelphia Fed business outlook, Empire manufacturing index, NAHB housing market index, March business inventories, initial jobless claims, UK Q1 GDP, Japan April machine tool orders, Germany April wholesale price index, Italy March general government debt, Eurozone Q1 employment, March industrial production, Canada April housing starts, existing home sales, March manufacturing sales, Australia April labour report, Norway Q1 GDP</li>
	<li><strong>Central banks: </strong>Fed's Chair Powell and Barr speak, ECB's Cipollone, Elderson, Guindos and Villeroy speak, BoE's Dhingra speaks</li>
	<li><strong>Earnings: </strong>Walmart, Alibaba, Siemens, Deutsche Telekom, Allianz, Mitsubishi UFJ, Deere, Applied Materials, National Grid, 3i Group, Engie, Take-Two, RWE, Cava</li>
</ul><p><u><strong>Friday May 16</strong></u></p>

<ul><li><strong>Data</strong>: US May University of Michigan survey, New York Fed services business activity, April building permits, housing starts, import and export price indices, March total net TIC flows, Japan Q1 GDP, March capacity utilisation, Italy March trade balance, Eurozone March trade balance, Canada March international securities transactions</li>
	<li><strong>Central banks</strong>: Fed's Barkin speaks, BoJ's Nakamura speaks, ECB's Lane speaks, BoE's Lombardelli speaks</li>
	<li><strong>Earnings: </strong>Cie Financiere Richemont</li>
	<li><strong>Other: </strong>European Commission Spring Economic Forecasts</li>
</ul><p>* * *</p>

<p>Finally, looking at just the US, Goldman notes that the key economic data releases this week are the CPI report on Tuesday, the retail sales report on Thursday, and the University of Michigan report on Friday. There are several speaking engagements by Fed officials this week, including a speech on the Fed’s framework review by Chair Powell on Thursday.</p>

<p><u><strong>Monday, May 12</strong></u></p>

<ul><li><strong>There are no major economic data releases scheduled.</strong></li>
	<li><strong>10:25 AM Fed Governor Kugler speaks: </strong>Fed Governor Adriana Kugler will speak on the economic outlook at the National Association for Business Economics and the Central Bank of Ireland’s International Economic Symposium in Dublin. Speech text and Q&amp;A are expected. On April 2, Kugler said, “Given the recent lack of progress on inflation, recent increases in inflation expectations, and upside risks associated with announced and prospective policy changes… I will support maintaining the current policy rate for as long as these upside risks to inflation continue, while economic activity and employment remain stable.”</li>
</ul><p><u><strong>Tuesday, May 13</strong></u></p>

<ul><li><strong>06:00 AM NFIB small business optimism, April (consensus 95.0, last 97.4)</strong></li>
	<li><strong>08:30 AM CPI (MoM), April (GS +0.31%, consensus +0.3%, last -0.1%); Core CPI (MoM), April (GS +0.30%, consensus +0.3%, last +0.1%); CPI (YoY), April (GS +2.42%, consensus +2.4%, last +2.4%); Core CPI (YoY), April (GS +2.83%, consensus +2.8%, last +2.8%): </strong>We estimate a 0.30% increase in April core CPI (month-over-month SA), which would leave the year-over-year rate unchanged on a rounded basis at 2.8%. Our forecast reflects a decline in used car prices (-0.5%) reflecting a decline in auction prices, a slight increase in new car prices (+0.1%) reflecting a decline in incentives, and a large increase in the car insurance category (+0.7%) based on premiums in our online dataset. We have penciled in moderate upward pressure from tariffs on categories that are particularly exposed (such as apparel, recreation, and communication) worth +0.06pp on core inflation. We expect the shelter components to decelerate on net after last month’s pick up (OER +0.28% vs. +0.40% in March; primary rent +0.29% vs. +0.33%) but expect a slight rebound in the lodging away from home component after last month’s sharp decline (+0.5%). The source data for the health insurance component is updated semiannually with the April and October reports. We expect this update to result in negative health insurance inflation over the next six months (we forecast -0.5% for April). We estimate a 0.31% rise in headline CPI, reflecting higher food (+0.3%) and energy (+0.4%) prices.</li>
</ul><p><u><strong>Wednesday, May 14</strong></u></p>

<ul><li><strong>There are no major economic data releases scheduled.</strong></li>
	<li><strong>05:15 AM Fed Governor Waller speaks: </strong>Fed Governor Christopher Waller will give a speech on central bank research at an event in Rabat, Morocco. Speech text and Q&amp;A are expected. On April 14, Waller said, “While I expect the inflationary effects of higher tariffs to be temporary, their effects on output and employment could be longer-lasting and an important factor in determining the appropriate stance of monetary policy.” He also added, “If the slowdown is significant and even threatens a recession, then I would expect to favor cutting the FOMC's policy rate sooner, and to a greater extent than I had previously thought.”</li>
	<li><strong>09:10 AM Fed Vice Chair Jefferson speaks: </strong>Fed Vice Chair Jefferson will give a speech on the economic outlook at a virtual event. Speech text is expected. On April 3, Jefferson said, “In my view, there is no need to be in a hurry to make further policy rate adjustments. The current policy stance is well positioned to deal with the risks and uncertainties that we face in pursuing both sides of our dual mandate.”</li>
	<li><strong>05:40 PM San Francisco Fed President Daly (FOMC non-voter) speaks: </strong>San Francisco Fed President Mary Daly will participate in a fireside chat at the California Bankers Association’s 2025 Annual Conference &amp; Directors Forum. Q&amp;A is expected. On April 9, Daly said, “We’ve got policy in a very good place right now… with growth good and policy in a good place, we have the time and ability to tread slowly and carefully.”</li>
</ul><p><u><strong>Thursday, May 15</strong></u></p>

<ul><li><strong>08:30 AM Empire state manufacturing survey, May (consensus -8.0, last -8.1)</strong></li>
	<li><strong>08:30 AM Retail sales, April (GS flat, consensus +0.1%, last +1.5%); Retail sales ex-auto, April (GS +0.3%, consensus +0.3%, last +0.6%); Retail sales ex-auto &amp; gas, April (GS +0.3%, consensus +0.3%, last +0.9%); Core retail sales, April (GS +0.4%, consensus +0.3%, last +0.4%): </strong>We estimate core retail sales expanded 0.4% in April (ex-autos, gasoline, and building materials; month-over-month SA), reflecting a boost from consumers frontloading purchases ahead of tariffs. We estimate unchanged headline retail sales, reflecting lower auto sales and gasoline prices.</li>
	<li><strong>08:30 AM PPI final demand, April (GS +0.3%, consensus +0.3%, last -0.4%); PPI ex-food and energy, April (GS +0.3%, consensus +0.3%, last -0.1%); PPI ex-food, energy, and trade, April (GS +0.3%, last +0.1%)</strong></li>
	<li><strong>08:30 AM Initial jobless claims, week ended April 19 (GS 223k, consensus 230k, last 228k); </strong>Continuing jobless claims, week ended April 12 (consensus 1,890k, last 1,879k)</li>
	<li><strong>08:30 AM Philadelphia Fed manufacturing index, May (GS -15.0, consensus -10.5, last -26.4) </strong></li>
	<li><strong>08:40 AM Fed Chair Powell speaks: </strong>Fed Chair Jerome Powell will give remarks on the framework review at the Thomas Laubach Research Conference. The conference will focus on discussing the central bank’s monetary policy framework review. Speech text is expected. During the FOMC press conference on May 7, Powell said about twelve times that monetary policy is in a good place and the FOMC can wait and see how the economy evolves for now. He noted that both trade policy and its economic effects remain uncertain, and he reiterated that tariffs could put the two sides of the Fed’s dual mandate in tension. As a result, he said, “Right now there’s no need to make a choice and no real basis for doing so.”</li>
	<li><strong>09:15 AM Industrial production, April (GS +0.1%, consensus +0.2%, last -0.3%); Manufacturing production, April (GS flat, consensus -0.2%, last +0.3%); Capacity utilization, April (GS 77.8%, consensus 77.9%, last 77.8%): </strong>We estimate industrial production increased by 0.1%, as strong natural gas and electricity production outweigh weak oil and mining production. We estimate capacity utilization remained at 77.8%.</li>
	<li><strong>02:05 PM Fed Governor Barr speaks: </strong>Fed Governor Michael Barr will give opening remarks at the 2025 Northeast/Mid-Atlantic Small Business Credit Symposium. Speech text is expected. On May 9, Barr said, “The size and scope of the recent tariff increases are without modern precedent, we don’t know their final form, and it is too soon to know how they will affect the economy.” He also added, “I am equally concerned that tariffs will lead to higher unemployment as the economy slows, thus, the [Fed] may be in a difficult position if we were to see both rising inflation and rising unemployment.”</li>
</ul><p><u><strong>Friday, May 16</strong></u></p>

<ul><li><strong>08:30 AM Housing starts, April (GS +2.0%, consensus +3.1%, last -11.4%); Building permits, April preliminary (consensus -1.2%, last +0.5%)</strong></li>
	<li><strong>08:30 AM Import price index, April (consensus -0.3%, last -0.1%)</strong></li>
	<li><strong>10:00 AM University of Michigan consumer sentiment, May preliminary (GS 53.2, consensus 53.0, last 52.2); </strong>University of Michigan 5-10-year inflation expectations, May preliminary (GS 4.4%, last 4.4%)</li>
</ul><p><em>Source: DB, Goldman</em></p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T14:20:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 10:20</span>


guid: 1029450 at https://www.zerohedge.com
title: Affirm Your Kid's Chosen Gender Or Lose Custody? Colorado's Chilling New Bill
author: ;Tyler Durden
hash: �P�q�m�0�4a�
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content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Affirm Your Kid's Chosen Gender Or Lose Custody? Colorado's Chilling New Bill</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><em><a href="https://www.theepochtimes.com/opinion/affirm-or-lose-custody-colorados-chilling-new-bill-5854583?utm_source=partner&amp;utm_campaign=ZeroHedge&amp;src_src=partner&amp;src_cmp=ZeroHedge">Authored by Julian Adorney via The Epoch Times</a> (emphasis ours),</em></p>

<p><strong>The Colorado state legislature is considering a bill that would radically chill parents’ speech</strong>. Dubbed the “Kelly Loving Act,” <a href="https://leg.colorado.gov/bills/hb25-1312">the bill</a>, if signed into law, <strong>would empower judges to consider “deadnaming” and “misgendering” your child to be types of “coercive control”</strong> when they’re making custody decisions. In simple terms: if your child gender transitions and you don’t affirm their new gender identity, then a judge could consider your non-affirmation to be a form of abuse and use it as justification to deny you custody of your child.</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/202405lgbt_transyouth_gac_jpg_92.jpg?itok=rUYlUAvo" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/202405lgbt_transyouth_gac_jpg_92.jpg?itok=rUYlUAvo"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="406a97d2-7638-4ccd-9ad5-115ba17f9a57" data-responsive-image-style="inline_images" height="334" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/202405lgbt_transyouth_gac_jpg_92.jpg?itok=rUYlUAvo" typeof="foaf:Image" width="500"><figcaption><em>AP Photo/Timothy D. Easley, File</em></figcaption></figure></picture></a>

<p>This is a deeply chilling bill. The bill’s sponsors <a href="https://kdvr.com/news/politics/colorado-politics-news/kelly-loving-act-colorado-lawmakers-push-for-more-transgender-protections/">frame it</a> as a way to show support for transgender people, but this bill goes way too far in stripping away parents’ rights.</p>

<p><strong>Being a good and loving parent means telling your child “no.” Every parent has had these conversations.</strong></p>

<p>“No, you can’t have M&amp;Ms for dinner; eat your broccoli.”</p>

<p>“No, you can’t stay up until midnight. Your bedtime is ten.”</p>

<p>“No, you can’t hang out with Chad who’s always high; find some friends who will have a better influence on you.”</p>

<p><strong>But when it comes to gender transitioning, saying “no” could be dangerous</strong>. If your son decides to socially transition and begins calling himself a girl, and you don’t unconditionally affirm that decision, then you could risk losing him if you’re ever in a child custody battle.</p>

<p><strong>Some advocates of gender transitioning say that socially transitioning is harmless</strong>. After all, what does it matter if your son starts to use female pronouns and wear dresses? The problem is that socially transitioning puts many children on a conveyor belt to medically transitioning. <a href="https://publications.aap.org/pediatrics/article/150/2/e2021056082/186992/Gender-Identity-5-Years-After-Social-Transition?autologincheck=redirected">According to</a> a 2022 study on the topic,<strong> a stunning 97.5 percent of young people who socially transitioned continued to identify as either trans or nonbinary several years later.</strong> Nearly 60 percent went on to medically transition via either puberty blockers or cross-sex hormones.</p>

<p>Proponents of gender-affirming care for young people suggest that these numbers are proof that young people know their gender identity and simply need it to be affirmed; when it is affirmed, they do not waver. But this idea falls apart when we consider that the mean child in the study socially transitioned when they were just six years old. It is possible that some of these children truly are transgender. <strong>Much more likely is that, when a slew of authority figures validate a young child’s sense of identity, these authority figures reify that sense of identity.</strong> This is true even if the identity in question is not something that the child would ever have chosen had they not been <a href="https://youtu.be/tzXe0dEoETk?si=eZGktTlorYRic8lP&amp;t=715">prodded into it</a> by well-meaning authority figures.</p>

<p>The fragile and unsteady formation of a child’s sense of identity has long been studied by psychologists. If authority figures tell a child that he or she is <a href="https://psychcentral.com/blog/psychology-self/2018/05/childhood-self-esteem#1">worthless or defective</a>, then many children will believe that even if it is not true. If authority figures tell a child that they are stupid, or bad at sports, or shouldn’t play piano, and if the authority figures hammer this message home for years from a young age, many children will grow to believe this about themselves.</p>

<p><strong>Indeed, this helps explain the rapid rise of transgender-identifying youth</strong>. As professor of psychology <a href="https://www.generationtechblog.com/p/transgender-identity-how-much-has">Jean Twenge notes</a>, the number of young people who identify as transgender has exploded in recent years.</p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/image_92%2814%29.jpg?itok=BZ47Jwk3" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_92%2814%29.jpg?itok=BZ47Jwk3"><picture><img data-entity-type="file" data-entity-uuid="a97b9126-ffb8-48af-97cb-7d987a8821ef" data-responsive-image-style="inline_images" height="488" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_92%2814%29.jpg?itok=BZ47Jwk3" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Some of this explosion might have to do with the fact that people who identify as transgender feel safer coming out of the closet than they might have in previous decades. But the size of the surge suggests that a lot of this is socially mediated; that is, young people are being pressured by peers or by authority figures (including by the promise of unconditional acceptance) into adopting an identity that isn’t really theirs.</p>

<p>As social psychologist Jonathan Haidt puts it in “<a href="https://www.amazon.com/dp/0593655036">The Anxious Generation</a>”:</p>

<p>“the fact that gender dysphoria now often appears in social clusters (such as a group of close friends), the fact that parents and those who transition back to their natal sex identify social media as a major source of information and encouragement, and the fact that gender dysphoria is now being diagnosed among many adolescents who showed no signs of it as children all indicate that social influence and sociogenic transmission may be at work as well.”</p>

<p>For many young children who are being encouraged to socially transition, the best and most loving act that a parent can take may indeed be to push back on this false sense of identity rather than reify it. There are times when parents really do know best.</p>

<p>When it comes to free speech, a good rule of thumb is this: the more weighty a matter is, the more essential that we be allowed to discuss it freely. The higher the stakes to vulnerable lives if we make the wrong decision, the more essential it is that everyone should have the freedom to share their perspective.</p>

<p>The reason is simple: <strong>free speech is a powerful vehicle for discovering the truth of a matter, because it allows everyone involved to bring their perspective and their knowledge to bear on the question</strong>. When we don’t allow all parties to speak freely, we increase the risk of making bad decisions because the blind spots and cognitive biases of the people who are allowed to speak do not get confronted. As John Milton wrote in “<a href="https://milton.host.dartmouth.edu/reading_room/areopagitica/text.shtml">Areopagitica</a>,” “Let her [Truth] and Falsehood grapple; who ever knew Truth put to the worse in a free and open encounter?”</p>

<p>This bill threatens to chill speech on one of the most important questions that a parent will ever have to wrestle with. If a six-year-old boy wants to socially transition, then it is essential that his parents be free to discuss the matter frankly and honestly. They should bring up their concerns. O<strong>nly when both parents are free to discuss these matters openly and honestly can they help the child to navigate this decision in a way that is most likely to be in the child’s long-term best interest.</strong></p>

<p>If the Colorado bill were to become law, it would put a stop to those conversations. If a mother believes that affirming her six-year-old son’s decision to socially transition isn’t in his best interest, is she going to speak up about her concerns knowing that it <a href="https://leg.colorado.gov/bills/hb25-1312">could potentially</a> cost her custody of her child? More likely, she’ll be tempted to keep her concerns and opinions to herself, in order to not take the risk. But that state-enforced silence won’t help her son.</p>

<p>It’s easy to see the noble intentions motivating the authors of the “Kelly Loving Act.” As one of the bill’s sponsors <a href="https://kdvr.com/news/politics/colorado-politics-news/kelly-loving-act-colorado-lawmakers-push-for-more-transgender-protections/">said</a>, “This is a bill that will ... send a message to trans people in Colorado that we believe in them, care for them, and love them, and we want them to live healthy, safe lives.” We should certainly all be respectful of adults who choose to transition their sex or gender, and to love and care for them as God’s cherished children.</p>

<p><strong>It’s also essential that we care for young people struggling to find their identity in a tumultuous world</strong>. But we should remember that most parents know their children and love their children far better than a judge ever could. Perhaps the most caring thing we can do for young children right now is to empower parents to raise them as the parents see fit, without unnecessary and intrusive political oversight from state agents.</p>

<p><em>From the <a href="https://thedailyeconomy.org/article/affirm-or-lose-custody-colorados-chilling-new-bill/">American Institute for Economic Research</a> (AIER)</em></p>

<p><em>Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.</em></p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T14:25:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 10:25</span>

link:
https://www.zerohedge.com/medical/affirm-your-kids-chosen-gender-or-lose-custody-colorados-chilling-new-bill


guid: https://strategic-culture.su/?post_type=article&amp;p=885255
title: The Guardian’s Gaza line is as atrocious as the rest of UK press
author: ;A A
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tags: #Editor's Choice #Censorship #Gaza Strip #Middle East #Propaganda #United Kingdom
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<p><strong><em>Let’s stop pretending The Guardian ever stood with Palestinians. 18 months into Israel’s genocide, the paper’s indifference is deafening, says Hamza Yusuf.</em></strong></p>
<p><strong><em>By Hamza YUSUF</em></strong></p>
<p><strong><span>Join us on </span><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener">Telegram</a><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/tlg.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875659"></a>, <a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener">Twitter</a><a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/twitter.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875661"></a><span>, and</span> <a href="https://vk.com/strategicculture/" target="_blank" rel="noopener">VK</a><a href="https://vk.com/strategicculture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/wk.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875662"></a>.</strong></p>
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<p><strong><span>Contact us:</span> </strong><a href="mailto:info@strategic-culture.su" target="_blank" rel="noopener"><u><strong>info@strategic-culture.su</strong></u></a></p>
<p data-sanitized-class="selectionShareable">The world’s worst-kept secret is the longstanding decay of the Western mainstream media and its deep-rooted shortcomings. Whilst that has largely been the quiet consensus, there were always schools of thought that held out hope, that concluded it wasn’t wholly irreparable. Or at least that some vital organs remained, yet to be contaminated by the spreading bias and misinformation.</p>
<p data-sanitized-class="selectionShareable">But Israel’s ongoing remorseless slaughter and intentional annihilation of Gaza have been enabled by a compliant mainstream media ecosystem that has consistently failed to accurately convey the facts. They’ve ensured only fragmented, skewed images of Israel’s crimes are presented — a calculated manipulation that shields public consciousness from the scale of devastation.</p>
<p data-sanitized-class="selectionShareable">Today, 100 Palestinian children are being <a href="https://www.aljazeera.com/news/2025/4/5/un-says-100-children-killed-or-injured-in-gaza-every-day-since-war-resumed" target="_blank" rel="noopener">killed daily</a> by Israel, a population of more than 2 million in the enclave is being <a href="https://www.middleeasteye.net/news/un-experts-condemn-israels-renewed-weaponised-starvation-gaza" target="_blank" rel="noopener">deliberately starved</a> and repeatedly forcibly displaced from <a href="https://www.doctorswithoutborders.org/latest/destruction-homes-leaves-palestinians-unable-safely-return-rafah" target="_blank" rel="noopener">what remains</a> of their communities, whilst the limited functioning hospitals, the last hope of survival, are being <a href="https://www.middleeasteye.net/live-blog/live-blog-update/un-chief-deeply-alarmed-israeli-strike-al-ahli-hospital-gaza" target="_blank" rel="noopener">systematically decimated</a>.</p>
<p data-sanitized-class="selectionShareable">The genocide being perpetrated by Israel, as Amnesty International <a href="https://www.amnesty.org/en/latest/news/2024/12/amnesty-international-concludes-israel-is-committing-genocide-against-palestinians-in-gaza/" target="_blank" rel="noopener">concluded</a>, echoed by countless <a href="https://www.ohchr.org/en/press-releases/2024/11/un-special-committee-finds-israels-warfare-methods-gaza-consistent-genocide">United Nations experts</a>, is as unmistakable as it is unrelenting. In breaking every law, trampling over every resolution and remoulding the very essence of impunity, Israel has simultaneously shattered any remaining notion of credible or redeemable journalism within the mainstream media landscape.</p>
<p data-sanitized-class="selectionShareable">Nowhere has this been more evident than with Britain’s supposed bastion of rigorous and fearless journalism: <em>The Guardian</em>.</p>
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<p data-sanitized-class="selectionShareable">A range of practices — including, but not limited to, distorted headlines shaped by passive voice, the omission of critical context, the deliberate thinning out of information, and the overt sanitisation of war crimes — have become routine, particularly across British broadcast and press coverage.</p>
<p data-sanitized-class="selectionShareable">Hind Rajab’s brutal killing — the result of 335 Israeli tank-fired bullets — was reduced by the BBC to the <a href="https://www.bbc.co.uk/news/world-middle-east-68261286" target="_blank" rel="noopener">passive headline</a>: “Hind Rajab found dead”. <em>Sky News</em> described the grim <a href="https://www.middleeasteye.net/opinion/gaza-medic-killings-how-voice-beyond-grave-destroyed-israels-lie" target="_blank" rel="noopener">massacre of medical workers</a> as an “<a href="https://x.com/Hamza_a96/status/1907184509004468664" target="_blank" rel="noopener">alleged killing</a>“. <em>The Times</em> made no secret of the hierarchy of human life,<a href="https://www.thetimes.com/uk/politics/article/pro-palestine-protest-ban-met-police-restrictions-8w39lhprc"> reporting</a>: “Israelis marked a month since Hamas killed 1,400 people and kidnapped 240, starting a war in which 10,300 Palestinians are said to have died.”</p>
<p data-sanitized-class="selectionShareable"><em>The Guardian</em> is supposed to be in an entirely different class of journalism from the above, and prides itself on precisely that. It is “well-placed to provide comprehensive, fact-checked reporting, to help all of us make sense of events,” reads its website.</p>
<p data-sanitized-class="selectionShareable">People should support their “independent” and “quality, investigative journalism”, they insist, in their call to subscribe and support the paper.</p>
<p data-sanitized-class="selectionShareable">But just as those outlets fall short of truthfully depicting Israel’s litany of brutal crimes, <em>The Guardian</em> appears well-versed in the same playbook.</p>
<p data-sanitized-class="selectionShareable"><strong>The Guardian tells you Palestinians died, not who killed them</strong></p>
<p data-sanitized-class="selectionShareable">Ten days into Israel’s ongoing onslaught in Gaza, which included an illegal siege amounting to collective punishment, <em>The Guardian</em> reported on Palestinians’ “<a href="https://www.theguardian.com/world/2023/oct/17/fears-grow-people-are-dehydrating-to-death-in-gaza-as-clean-water-runs-out#:~:text=Dehydration%20quickly%20leads%20to%20fatigue,brain%20and%20other%20organ%20damage." target="_blank" rel="noopener">dehydrating to death</a>“. There was no room in the headline or sub-heading for Israel to be named, subtly shifting the focus away from those responsible.</p>
<p data-sanitized-class="selectionShareable">When the growing calls in Israeli society for Palestinian land theft and ethnic cleansing in Gaza were discussed in a <em>Guardian</em> podcast in November 2024, it was reduced simply to settlers “<a href="https://www.theguardian.com/news/audio/2024/nov/26/the-israeli-settlers-preparing-to-move-to-gaza-podcast" target="_blank" rel="noopener">preparing to move</a>” to Gaza, whilst in the brief description, the ongoing forcible dispossession was described as Palestinians ‘fleeing’.</p>
<p data-sanitized-class="selectionShareable">In March 2025, a <a href="https://www.theguardian.com/world/2025/mar/23/there-was-just-wave-after-wave-gaza-medics-recount-horror-of-the-last-week">thorough report</a> was published that documented the extent of the horrors as Israel intensified its bombardment. It detailed that the victims of Israel’s deadly strikes were overwhelmingly children, citing countless doctors at the Nasser Hospital in Gaza who had been treating them.</p>
<p data-sanitized-class="selectionShareable">Less than 24 hours later, a <em>Guardian</em> report <a href="https://www.theguardian.com/world/2025/mar/23/israeli-strike-at-gaza-hospital-kills-five-including-hamas-political-leader" target="_blank" rel="noopener">covered</a> an Israeli airstrike on that same hospital. Despite the reality of Israel’s indiscriminate attacks presented just a day earlier, the article uncritically repeated the Israeli narrative that the strikes were “precise and targeted” to minimise civilian harm — a claim made without caveat or correction.</p>
<p data-sanitized-class="selectionShareable">Not even the newspaper’s findings that illustrated the opposite were used to challenge this assertion and properly inform readers.</p>
<p data-sanitized-class="selectionShareable">Weeks later, this practice was again apparent. When Israel’s claim was proven to be a characteristically flimsy fabrication as it massacred 15 paramedics, an <a href="https://www.theguardian.com/world/2025/apr/08/idf-has-long-history-of-denying-involvement-in-civilian-killings" target="_blank" rel="noopener">analysis</a> was penned in the<em> Guardian</em> on April 8 that comprehensively unpacked the “long history of changing its story” and the “familiar pattern of denial”, concluding there is reason to cast doubt on Israel’s “evolving narrative” because of a consistent “pattern of obfuscation over the years”.</p>
<p data-sanitized-class="selectionShareable">On April 9th, Israel pummeled a neighbourhood in Gaza that <a href="https://www.aljazeera.com/video/newsfeed/2025/4/9/israeli-massacre-in-gazas-shujayea-as-residential-tower-targeted" target="_blank" rel="noopener">destroyed an entire residential building</a>, killing at least 29 Palestinians and leaving many more missing. In <em>The Guardian</em>’s live feed that reported on that atrocity, the Israeli narrative was again <a href="https://www.theguardian.com/world/live/2025/apr/09/gaza-killing-field-israel-blocking-aid-says-un-secretary-general-middle-east-crisis-latest-updates-news?filterKeyEvents=false&amp;page=with%3Ablock-67f680e48f08f6017755e3c3#block-67f680e48f08f6017755e3c3" target="_blank" rel="noopener">amplified</a> and regurgitated without question, including the pretext that it was targeting a Hamas militant and that steps were taken to mitigate the damage.</p>
<p data-sanitized-class="selectionShareable">The scepticism towards Israel’s falsehoods, and the critical scrutiny applied to its tenuous justifications at the <em>Guardian</em> 24 hours earlier, mysteriously vanished as Israel’s narrative resurfaced.</p>
<p data-sanitized-class="selectionShareable">It wouldn’t be far-fetched to wonder: if there’s such zeal at the <em>Guardian</em> towers to include Israel’s account for the sake of ‘context,’ why then are the countless genocidal statements, which lay bare Israel’s brutal ambitions, consistently left out?</p>
<p data-sanitized-class="selectionShareable">When Israel cut off medical supplies from entering Gaza in March, weeks before imposing another crippling illegal blockade and withholding fuel, water and food, the Guardian <a href="https://www.theguardian.com/world/2025/mar/02/israel-cuts-off-humanitarian-supplies-to-gaza-as-it-seeks-to-change-ceasefire-deal" target="_blank" rel="noopener">characterised it</a> as Israel seeking to “change the ceasefire deal”. A crime against humanity and an act of collective punishment, as <a href="https://news.un.org/en/story/2025/03/1161411" target="_blank" rel="noopener">condemned by the UN</a>, was misleadingly presented as a negotiation tactic and a military strategy, as though it were a legitimate act.</p>
<p data-sanitized-class="selectionShareable">Absent from the article was any mention that this amounted to a violation of international law, ordered by a prime minister with an arrest warrant for enabling precisely such crimes. The term ‘war crime’ was only presented as an accusation from Hamas, thereby reducing a clear-cut fact to a deniable allegation from an adversary.</p>
<p data-sanitized-class="selectionShareable">These are a handful of examples from a catalogue, identified at different junctures and on different scales of crime, but showcase the diluted language, deceptive descriptions and passive framing that have driven mainstream media coverage and ultimately whitewashed Israel’s crimes. The net outcome is a readership that is unlikely to piece together the reality, left only with a partial understanding of the depth of horror in Gaza. If the picture is only being partially told, then on all counts, that is a failure of journalism.</p>
<p data-sanitized-class="selectionShareable">Importantly, a cursory review of the <em>Guardian</em>’s archives reveals that such negligent reporting when it comes to Israel’s crimes is not a lapse but ostensibly the longstanding norm.</p>
<p data-sanitized-class="selectionShareable">More than seven years ago, when Israeli snipers targeted Palestinians as they peacefully embarked on the Great March of Return protests, <em>The Guardian</em>’s headline <a href="https://www.theguardian.com/world/2018/mar/31/weary-angry-gazans-bury-dead-after-deadly-border-conflict" target="_blank" rel="noopener">read</a> “the Gaza Strip mourns its dead after protest is met with bullets”.</p>
<p data-sanitized-class="selectionShareable">On October 4 2023, when Palestinians were again protesting in Gaza and again deliberately shot by Israeli forces, <em>The Guardian</em> <a href="https://www.theguardian.com/world/2023/oct/04/gaza-strip-protesters-received-bullet-wounds-to-ankles-medics-report">reported</a> that ‘protestors received bullet wounds to ankles, medics report’.</p>
<p data-sanitized-class="selectionShareable"><strong>How hypocrisy became the norm</strong></p>
<p data-sanitized-class="selectionShareable">For comparison, just last week, when Russia pounded a Ukrainian city, the <em>Guardian</em>’s headlines were vivid and categorical, leaving no uncertainty about the perpetrator, the victim and the impact. “Russian missile strike kills dozens in Ukrainian city of Sumy” was the <a href="https://www.theguardian.com/world/2025/apr/13/russian-missile-strike-kills-injured-ukraine-sumy" target="_blank" rel="noopener">headline</a>. Nobody was met with or received Russian acts of unmistakable aggression — they were killed by them, leaving no room for ambiguity.</p>
<p data-sanitized-class="selectionShareable">These might appear to be trivial, inconsequential details, but that the linguistic devices and the attention to detail used to convey the news to observers differ depending on the actor responsible flies in the face of what responsible journalism is supposed to be.</p>
<p data-sanitized-class="selectionShareable">Nor are these critiques of <em>The Guardian</em> rooted in an irrational antipathy toward the newspaper. Rather, they reflect and add to a growing body of documented concerns about its editorial standards.</p>
<p data-sanitized-class="selectionShareable">Both the <a href="https://novaramedia.com/2024/10/18/discontent-deepens-among-guardian-staff-over-palestine-double-standard/" target="_blank" rel="noopener">extent of censorship</a> when it comes to Palestine and the considerable pressure the <em>Guardian </em>faces — and succumbs to — <a href="https://novaramedia.com/2024/03/12/how-the-guardians-editor-in-chief-caved-to-pro-israel-pressure/" target="_blank" rel="noopener">from the pro-Israel lobby</a> have been exposed recently.</p>
<p data-sanitized-class="selectionShareable">Additionally, a recent investigation by Declassified UK <a href="https://www.declassifieduk.org/bbc-guardian-editors-private-meetings-with-israeli-general-kohavi/">revealed</a> that <em>The Guardian</em>’s editor was among other editors who privately met with a former Israeli general one month into Israel’s genocide in Gaza, when at least 10,000 Palestinians had already been killed, raising serious questions about intent and motives behind its reportage.</p>
<p data-sanitized-class="selectionShareable">My own <a href="https://www.declassifieduk.org/battle-for-the-truth-pro-israel-bias-inside-uk-newsrooms-revealed/">investigation</a> found that discontent is mounting within the newspaper, with staff increasingly disillusioned by the direction of its coverage on Israel and Palestine. This internal frustration has reached the point that staff have compiled an ‘exhaustive spreadsheet’  to log examples of egregious reporting and coordinate any dissent.</p>
<p data-sanitized-class="selectionShareable">This is also not to make the sweeping claim that its output is completely insufficient and skewed. It has published important reports shining a spotlight on the depth of suffering in Gaza, from <a href="https://www.theguardian.com/world/2024/oct/31/wael-al-dahdouh-gaza-palestinian-journalist-tragedy" target="_blank" rel="noopener">high-profile journalists</a> to the <a href="https://www.theguardian.com/global-development/2025/mar/04/from-a-bombsite-in-gaza-to-a-texas-hospital-mazyounas-journey-to-safety" target="_blank" rel="noopener">children permanently disfigured</a> by Israel’s bombs. Their investigations on Israel’s use of artificial intelligence, both to <a href="https://www.theguardian.com/world/2024/apr/03/israel-gaza-ai-database-hamas-airstrikes" target="_blank" rel="noopener">wipe out entire Palestinian families</a> but also for <a href="https://www.theguardian.com/world/2025/mar/06/israel-military-ai-surveillance" target="_blank" rel="noopener">sinister surveillance purposes</a>, have been especially significant.</p>
<p data-sanitized-class="selectionShareable">But zoom out and the bigger picture is eerily familiar with the same patterns of systemic bias, deliberate distortion and deceptive underreporting apparent in the day-to-day coverage of Israel.</p>
<p data-sanitized-class="selectionShareable">The apocalyptic scenes in Gaza on loop and the devastating number of lives mercilessly taken leave no room for enabling the institutions and their practices that have sustained the incomprehensible reality. Part of that reckoning is to reconsider old, entrenched mindsets, and that includes permanently putting to rest the notion that <em>The Guardian</em> occupies a fundamentally different space in the mainstream media ecosystem and amounts to a standard-bearer for principled journalism.</p>
<p><em> Original article: </em><strong><a href="https://www.newarab.com/opinion/guardians-gaza-line-atrocious-rest-uk-press" target="_blank" rel="noopener">newarab.com</a></strong></p>

link:
https://strategic-culture.su/news/2025/05/12/guardians-gaza-line-is-as-atrocious-as-rest-of-uk-press/


guid: 1029656 at https://www.zerohedge.com
title: Apple May Hike iPhone Prices For First Time Since 2017
author: ;Tyler Durden
link: https://www.zerohedge.com/technology/apple-may-hike-iphone-prices-first-time-2017
hash: S� ��܈x��%j �BW
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Apple May Hike iPhone Prices For First Time Since 2017 </span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Apple is expected to unveil the iPhone 17 lineup on September 9, with pre-orders likely to open later that week—consistent with the company's usual early-September launch cycle. However, this year's release may come with a notable deviation from the norm: according to <a href="https://www.wsj.com/tech/apple-iphone-price-increase-2eaebb14">The Wall Street Journal</a>, Apple is considering its first iPhone price increase since the debut of the iPhone X in 2017.</p>

<p>Sources familiar with the upcoming iPhone lineup told WSJ that CEO Tim Cook is expected to steer clear of linking any potential price increases to the ongoing U.S.-China tariff dispute. While most of Apple's devices are still manufactured in China, the company has steadily <a href="https://www.zerohedge.com/technology/apple-turbocharges-friendshoring-your-next-iphone-could-be-made-india">shifted iPhone production to India</a> to mitigate tariffs and potential supply chain snarls. </p>

<p>Positive news emerged earlier, with the US and China agreeing to limit tariffs, including reducing levies on Chinese goods entering the US from 145% to 30%. This <a href="https://www.zerohedge.com/markets/us-china-reach-agreement-lower-tariffs-90-day-cool-period">90-day cool-off period</a> will allow both economic superpowers to move forward and attempt to strike a resolution to end or at least continue de-escalating the trade war. </p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/unnamed-1_51.png?itok=VpmnlxR5" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/unnamed-1_51.png?itok=VpmnlxR5"><picture><img data-entity-type="file" data-entity-uuid="6e1d0924-fba9-40f0-9ad3-19023416328b" data-responsive-image-style="inline_images" height="354" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/unnamed-1_51.png?itok=VpmnlxR5" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>The people said Apple's most profitable, high-end phones, such as the Pro and Pro Max models, will still be produced in China. They pointed out that Indian production lines are still incapable of mass-producing Pro models. </p>

<p>Jefferies estimates that approximately 65 million iPhones were sold in the US market last year, 36 to 39 million of which were Pro or Pro Max models. </p>

<p>Apple hasn't raised iPhone pricing since the X debuted in 2017, keeping prices at a $999 ceiling. The sources did not indicate future pricing for the models.</p>

<p><a href="https://x.com/applesclubs/status/1919795267307462913"><em>Via Apple Club...</em></a></p>

<p><a data-image-external-href="" data-image-href="/s3/files/inline-images/GqR7nXMX0AE4XO2.jpg?itok=LAtOmRO1" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/GqR7nXMX0AE4XO2.jpg?itok=LAtOmRO1"><picture><img data-entity-type="file" data-entity-uuid="4404971d-30e8-4f80-bda3-7e1fc6add3e5" data-responsive-image-style="inline_images" height="625" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/GqR7nXMX0AE4XO2.jpg?itok=LAtOmRO1" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>Here's more from WSJ:</p>

<blockquote>
<p><em>These circumstances have led Apple to look at what supply-chain insiders described as the least-bad choice: raising prices on the new iPhones to preserve profit and finding reasons other than tariffs to explain the move. It couldn't be determined what new features Apple may offer to help justify price increases.</em></p>

<p><em>Apple traditionally rolls out new models of its iPhones in the fall. If it follows convention, this fall's models will be known as the iPhone 17 lineup. Current iPhone models range from the base model iPhone 16, which starts at $799, to the iPhone 16 Pro Max, which costs $1,199 and up.</em></p>
</blockquote>

<p>It's clear that Apple can't put a premium on Apple Intelligence because it has so far been a bust...</p>

<ul><li>
	<p><em><a href="https://www.zerohedge.com/markets/apple-shares-slide-report-cook-lost-confidence-ai-head">Apple Shares Slide On Report Cook' Lost Confidence' In AI Head</a></em></p>
	</li>
	<li>
	<p><em><a href="https://www.zerohedge.com/markets/stocks-slide-apple-exec-admits-efforts-replace-google-ai-search">Stocks Slide As Apple Exec Admits Efforts To Replace Google For AI Search</a></em></p>
	</li>
</ul><p>In Trump's first term, Tim Cook lobbied the administration to exempt some of its devices from tariffs. Before the trade war broke out earlier this year, Cook visited the White House.</p>

<p>"By the end of 2026 or the beginning of 2027, we are optimistic that India will be capable of meeting both the U.S. and India's demand, but China will still be important" for sourcing components, Abhilash Kumar, an analyst with tech research firm TechInsights, said, quoted by WSJ. </p>

<p>Jefferies analysts cautioned that increasing production of high-end iPhone models in India to around 40 million within two years was a "tall order."</p>

<p>A previous WSJ report cited sources who said Apple has been studying various ways to shift overseas iPhone production to the US—a move that could take years. </p>

<p>Wedbush Securities suggested that an American iPhone could cost $3,500.</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T14:45:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 10:45</span>


guid: https://gript.ie/?p=330454
title: Call for public input on future of Public Service Media
author: ;Jason Osborne
link: https://gript.ie/call-for-public-input-on-future-of-public-service-media/
hash: ��_P�wrx�L����
tags: #Featured #Irish News #News #Coimisiún na Meán #consultation #Public Service Media
attributes: {"enclosures":[]}
content:
<div><img src="https://gript.ie/wp-content/uploads/2023/07/RTE_.jpg" data-sanitized-class="ff-og-image-inserted"></div><p><strong>Dear Reader,</strong></p>
<p>It is a simple statement of fact that if you are looking for diversity of thought in the Irish media, you will struggle to find it. That is why we founded Gript – to serve the gap in the market left by so many of our colleagues, when they decided that the job of journalists was not to challenge consensus thought, but to herd around it, and defend it fiercely.</p>
<p>If you are looking for a media outlet that blames everything on the “far right” in Ireland, then you don’t have to go far to find one. If, by contrast, you are looking for a media outlet that looks beyond that cheap sloganeering, and tries to understand and report on the real concerns held by ordinary people – and a good few prominent people, albeit privately – then that is what we try to do here.</p>
<p>But we cannot do it without your support, and your subscription.</p>
<p>We reject Government funding, because, in our view, that would be the end of our independence. The moment we did so, we would begin looking over our shoulder, and wondering if our coverage of a particular issue might lead to that money being taken away. In time – not all at once, but slowly and inexorably – we would become just another safe, consensus, state-funded voice.</p>
<p>But there’s a bargain to be struck here: If you value our independence, then you must support it. If you want us to be answerable to you, then you must take a stake in our work.</p>
<p>What we try to do here is to be open, honest, and brave. That does not mean that you will always agree with us. It does mean that there will be times when we will annoy you, and publish things you disagree with: That’s part of the deal. We are independent, not servants of one cause, or another.</p>
<p>That is what media is supposed to be, but too often in Ireland no longer is. We are trying to change that, and we need your help. I am, therefore, asking for it, and would deeply appreciate a subscription at the level you can afford.</p>
<p>With gratitude,</p>
<p><strong>John</strong></p>


guid: 1029602 at https://www.zerohedge.com
title: Pope Leo Calls For Peace In Ukraine, Gaza While Warning Of WW3 That Is 'Fought Piecemeal'
author: ;Tyler Durden
hash: �� �Ax9�u�����B
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Pope Leo Calls For Peace In Ukraine, Gaza While Warning Of WW3 That Is 'Fought Piecemeal'</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><a href="https://news.antiwar.com/2025/05/11/pope-leo-xiv-calls-for-peace-in-gaza-end-to-israeli-blockade-on-aid/"><em>Authored by Dave DeCamp via AntiWar.com,</em></a></p>

<p>Pope Leo XIV called for a ceasefire in Gaza and an end to the Israeli blockade of aid on Sunday in his first Sunday blessing since being elected pontiff last week.</p>

<p>"I am deeply pained by what is happening [in Gaza]," Leo <a href="https://www.vaticannews.va/en/pope/news/2025-05/pope-leo-xiv-at-regina-coeli-never-again-war.html">said</a> from the loggia of St. Peter’s Basilica. <strong>"Let the fighting cease immediately, let humanitarian aid be provided to the exhausted civilian population, and may all hostages be released."</strong></p>

<p>The pope also called for a ceasefire in Ukraine, saying, "I carry in my heart the sufferings of the beloved Ukrainian people. Let everything possible be done to achieve genuine, <strong>just and lasting peace as soon as possible</strong>."</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/popeleo.jpg?itok=_TieGHrW" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/popeleo.jpg?itok=_TieGHrW"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="b2952129-6869-4cba-9cc7-6bee122b8175" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/popeleo.jpg?itok=_TieGHrW" typeof="foaf:Image" width="500"><figcaption><em>Vatican media via Associated Press</em></figcaption></figure></picture></a>

<p>Leo, the first US-born pontiff, <strong>welcomed the ceasefire between India and Pakistan</strong> and made an appeal to world leaders for peace and an end to war. "In today’s dramatic context of <strong>a third world war fought piecemeal</strong> … I too appeal to the powerful of the world by repeating these ever-relevant words: <strong>'never again war!</strong>'" he said.</p>

<p>The pope made the remarks after singing the Regina Caeli (Queen of Heaven) prayer, which is traditionally recited throughout the Easter season. He closed his address with a "heartfelt appeal" to Mary Queen of Peace, "so that she may present it to the Lord Jesus and obtain for us the miracle of peace."</p>

<p>Leo's comments <strong>signal he will continue the late Pope Francis’s emphasis on the issues of war and peace</strong>. Francis frequently called for peace in Gaza and was <a href="https://news.antiwar.com/2024/12/22/pope-francis-doubles-down-on-criticism-of-israels-cruelty-in-gaza/">highly critical</a> of Israel’s conduct,<a href="https://www.vaticannews.va/en/pope/news/2024-11/pope-investigate-whether-genocide-is-taking-place-in-gaza.html"> suggesting in his last book</a> that there should be an investigation into whether it constitutes genocide.</p>

<p>Francis also kept in close contact with the Holy Family Catholic Church in Gaza City, often holding nightly calls with the priest and parishioners. His final call with the church <a href="https://www.npr.org/2025/04/22/g-s1-62064/pope-francis-gaza-church-palestinian-christians">occurred on April 19</a>, just two days before his death.</p>

<p>Francis called for a ceasefire in Gaza <a href="https://news.antiwar.com/2025/04/21/pope-francis-called-for-peace-in-gaza-in-his-final-public-address/">in his last public address</a>, which was delivered by an aide the day before his death. "<strong>I think of the people of Gaza</strong>, <strong>and its Christian community in particular</strong>,<strong> where the terrible conflict continues</strong> to cause death and destruction and to create a dramatic and deplorable humanitarian situation," he said.</p>

<p><em>The newly elected Pope is already getting busy with matters of world diplomacy and peace...</em></p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">Never again war. <a href="https://twitter.com/hashtag/PopeLeoXIV?src=hash&amp;ref_src=twsrc%5Etfw">#PopeLeoXIV</a> <a href="https://twitter.com/hashtag/Ukraine%EF%B8%8F?src=hash&amp;ref_src=twsrc%5Etfw">#Ukraine️</a> <a href="https://t.co/bZGGbRS6a0">https://t.co/bZGGbRS6a0</a></p>
— Alessandro Gisotti (@AGisotti) <a href="https://twitter.com/AGisotti/status/1921876042928542193?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
<p>"I appeal to the warring parties: call a ceasefire, release the hostages, and come to the aid of a starving people that aspires to a future of peace!" he had added.</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T15:05:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 11:05</span>

link:
https://www.zerohedge.com/geopolitical/pope-leo-calls-peace-ukraine-gaza-while-warning-ww3-fought-piecemeal


guid: https://strategic-culture.su/?post_type=article&amp;p=885263
title: La mediación de Trump siempre estuvo condenada al fracaso. La guerra de Ucrania es insoluble
author: ;A A
hash: *� �4 Q��� k5�
tags: #Español #Donald Trump #Proxy War #Ukraine #United States #Volodymyr Zelensky
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content:
<p><strong><em>La guerra no terminará hasta que Washington y sus aliados estén dispuestos a afrontar la cuestión fundamental: la persistencia de una doctrina hegemónica que no admite rivales.</em></strong></p>
<p><strong><em>Thomas FAZI</em></strong></p>
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<p>Una cosa está clara: Trump ya no puede afirmar que la guerra en Ucrania es <em>“la guerra de Biden”</em>. Ahora también es la guerra de Trump.</p>
<article data-sanitized-id="post-69594" data-sanitized-class="post-69594 post type-post status-publish format-standard has-post-thumbnail hentry category-debate-critico category-temas-de-coyuntura">
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<p>Meses después de que el presidente estadounidense se comprometiera a poner fin rápidamente a los combates entre Ucrania y Rusia, su Administración ha anunciado que <em>Estados Unidos ya no participará en lo que a menudo se ha descrito como una diplomacia itinerante entre ambas partes</em>.</p>
<p>La semana pasada, la portavoz del Departamento de Estado, Tammy Bruce, confirmó que <strong><em>Estados Unidos ya no actuaría como mediador</em></strong> en las negociaciones. Según ella, estas <strong><em>“ahora son entre las dos partes”,</em></strong> y añadió que <strong><em>“ahora es el momento de que presenten y desarrollen ideas concretas sobre cómo va a terminar este conflicto. Depende de ustedes”.</em></strong></p>
<p>Mientras tanto, en una entrevista con la NBC, Trump se mostró aún más pesimista al afirmar que <em>“quizás no sea posible”</em> alcanzar un acuerdo de paz. De hecho, el conflicto parece estar recrudeciéndose una vez más, y con el visto bueno de la Casa Blanca.</p>
<p>El 4 de mayo, <strong><em>The New York Times</em></strong> informó de que un sistema de defensa aérea Patriot suministrado por Estados Unidos y actualmente estacionado en Israel está siendo redirigido a Ucrania.</p>
<p>Dado que todas las exportaciones de Patriot requieren la aprobación formal de Estados Unidos en virtud de las leyes estadounidenses sobre transferencia de armas, <em>la medida indica la autorización directa de la Casa Blanca</em>.</p>
<p>Apenas unos días antes, Washington aprobó un posible acuerdo de 300 millones de dólares para entrenamiento y apoyo con aviones F-16. El paquete incluye la mejora de los aviones, piezas de repuesto, software, hardware y formación para el personal ucraniano.</p>
<p><strong>Además, los medios de comunicación ucranianos informaron de que la Casa Blanca había dado luz verde a la exportación de nuevas armas por valor de 50 millones de dólares a Ucrania. Según se informa, el acuerdo incluye material militar no especificado y servicios relacionados con la defensa.</strong></p>
<p>El martes, drones ucranianos atacaron Moscú por segunda noche consecutiva, lo que obligó a suspender temporalmente los vuelos en cuatro aeropuertos de la capital rusa y en otros nueve de las regiones circundantes.</p>
<p>Los ataques se produjeron pocos días antes del desfile militar anual del Día de la Victoria de Rusia, un evento al que se espera que asistan dignatarios internacionales, entre ellos el presidente chino, Xi Jinping. En vísperas de las celebraciones, <em>Putin anunció un alto el fuego unilateral de tres días en Ucrania</em>, alegando <strong>“consideraciones humanitarias”.</strong></p>
<p>Sin embargo, Zelensky rechazó la tregua por considerarla insuficiente y afirmó que Kiev <strong><em>solo consideraría un alto el fuego de al menos 30 días</em></strong>. En un mensaje directo a los líderes que viajaban a Moscú para las celebraciones del 9 de mayo, Zelensky advirtió que Ucrania “<em>no puede ser responsable de lo que ocurra en el territorio de la Federación Rusa”</em> mientras continúen las hostilidades.</p>
<p>Trump culpa a Zelensky y Putin del fracaso de las negociaciones de paz, pero él mismo tiene una parte importante de responsabilidad.</p>
<p>Al asumir el cargo, comenzó las negociaciones con buen pie, <strong>reconociendo que el conflicto era fundamentalmente una guerra proxy entre Estados Unidos y Rusia</strong>, y que solo podía resolverse mediante <strong><em>un acuerdo directo entre las dos potencias</em></strong>.</p>
<p>Por eso se excluyó inicialmente a los europeos y los ucranianos de las conversaciones. Este enfoque, aunque controvertido, tenía cierta lógica: <em>un acuerdo duradero requería el compromiso entre los verdaderos detentadores del poder.</em></p>
<p>Pero no duró mucho. En cuestión de semanas, la administración dio marcha atrás. <strong><em>Estados Unidos se reposicionó como mediador neutral en lugar de parte directa en el conflicto</em></strong>, a pesar de continuar con su apoyo militar y de inteligencia a Ucrania (tras una breve pausa).</p>
<p><strong>Esa contradicción siempre estaba destinada a socavar el proceso de negociación. No se puede ser a la vez participante y mediador imparcial. Tras los recientes acuerdos armamentísticos, la pretensión de neutralidad se ha vuelto aún más insostenible.</strong></p>
<p>En un sentido más amplio, <strong><em>los esfuerzos diplomáticos de Trump fracasaron por varias razones.</em></strong></p>
<p>En <strong><em>primer lugar</em></strong>, subestimó la renuencia de Europa y Ucrania a aceptar cualquier compromiso que pudiera ser políticamente tóxico. Ambos tenían poderosos incentivos para mantener el statu quo.</p>
<p>Para los líderes europeos, <em>un acuerdo de paz que reconociera las ganancias de Rusia sería políticamente ruin</em>. <strong><em>La guerra se ha convertido en un </em></strong><a href="https://www.compactmag.com/article/europes-anti-democratic-militarization/" target="_blank" rel="noopener"><strong><em>narrativo legitimador</em></strong></a><strong><em>, que justifica las dificultades económicas, la centralización tecnocrática e incluso las </em></strong><a href="https://unherd.com/2025/04/the-eu-thrives-on-fear/"><strong><em>tendencias autoritarias</em></strong></a>. Admitir la derrota pondría al descubierto sus fracasos y envalentonaría a la oposición política.</p>
<p>Zelensky se enfrenta a riesgos aún mayores. <strong><em>Para él, poner fin a la guerra podría significar no solo el fin de su carrera política, sino también su seguridad personal, ya que sería mucho más vulnerable a las represalias de sus numerosos adversarios políticos</em></strong>. Estas limitaciones políticas internas hacían muy improbable una paz negociada sin una presión externa abrumadora, que Estados Unidos se ha mostrado reacio a ejercer.</p>
<p><strong>Si Estados Unidos hubiera retirado por completo su apoyo militar a Ucrania y hubiera accedido a las principales demandas de Rusia, es probable que los europeos poco hubieran podido hacer para mantener la guerra durante un periodo de tiempo significativo.</strong></p>
<p>Entonces, <em>¿por qué Washington no tomó ese camino?</em></p>
<p>La respuesta no radica tanto en Europa o Ucrania como en <em>la dinámica interna de los propios Estados Unidos</em>. Para Trump, <em>negociar un acuerdo de este tipo con Moscú siempre iba a ser políticamente complicado</em>.</p>
<p>El establishment de seguridad nacional estadounidense —y la propia Administración de Trump— está repleto de partidarios de la línea dura comprometidos con prolongar el conflicto.</p>
<p>Aunque Trump y un pequeño círculo de asesores cercanos pueden haber tenido la intención de alcanzar un acuerdo, la resistencia interna era abrumadora. Ante esta presión, Trump no pareció dispuesto a asumir el riesgo político necesario para llevarlo a cabo.</p>
<blockquote><p><strong><em>El establishment de seguridad nacional estadounidense está profundamente arraigado en los partidarios de la línea dura, comprometidos con prolongar el conflicto.</em></strong></p></blockquote>
<p>A este desafío se sumó <strong><em>un error de cálculo crítico</em></strong>: <strong>Trump probablemente subestimó la firmeza de la posición de Rusia.</strong></p>
<p>Parece haber creído que ofrecer un marco que incluyera el reconocimiento de las ganancias territoriales de Rusia en Ucrania sería suficiente para garantizar un avance. Probablemente esperaba que Moscú respondiera con concesiones significativas a cambio.</p>
<p><strong>Pero desde el principio, Rusia dejó claro que cualquier acuerdo debía abordar mucho más que el estatus de los territorios ucranianos anexionados. Para Moscú, la guerra consiste en redibujar el orden de seguridad mundial.</strong></p>
<p>Sus demandas siempre han incluido una nueva arquitectura de seguridad europea basada en el modelo de los <strong>Acuerdos de Helsinki</strong>, con <em>límites a la expansión de la OTAN</em> y una <em>reestructuración más amplia del sistema internacional</em>, una <em>reestructuración que refleje el auge de nuevos centros de poder</em>, en particular Pekín y Moscú.</p>
<p><strong>Desde este punto de vista, la gobernanza mundial debe basarse en la igualdad soberana, los equilibrios regionales de poder y las esferas de influencia negociadas, y <em>no en la universalización de las normas occidentales o la expansión de las alianzas militares lideradas por Occidente</em>.</strong></p>
<p>En resumen, Rusia no busca una tregua en términos estrechos, sino <strong><em>la formalización de un orden mundial multipolar en el que la hegemonía occidental sea sustituida por un equilibrio entre las grandes potencias</em></strong>.</p>
<p>En vista de ello, <em>la insistencia de Trump en un alto el fuego inmediato como condición previa para las negociaciones nunca fue viable</em>.</p>
<p>Moscú lleva mucho tiempo insistiendo en que <strong><em>una tregua solo puede producirse tras alcanzar un acuerdo sobre las líneas generales de una solución</em></strong>, y no antes.</p>
<p>Trump también dio un paso en falso al considerar una propuesta europea para desplegar tropas de <em>“mantenimiento de la paz”</em> en Ucrania como fuerza estabilizadora.</p>
<p>Para Rusia, tal medida era inaceptable y se habría considerado una provocación directa, en lugar de una medida para fomentar la confianza. Igualmente, inaceptable desde el punto de vista ruso era <strong><em>el </em></strong><a href="https://www.jpost.com/international/internationalrussia-ukraine-war/article-849911" target="_blank" rel="noopener"><strong><em>Plan Kellogg</em></strong></a><strong><em>, que preveía un conflicto congelado y el aplazamiento de la adhesión a la OTAN</em></strong>.</p>
<p>Por otra parte, en lo que respecta a Ucrania, Estados Unidos cometió otro error estratégico al presionar a Kiev para que aceptara formalmente el control ruso sobre Crimea. Esa exigencia —que, cabe destacar, Rusia nunca llegó a formular— era políticamente insostenible para Ucrania y, como era de esperar, fue rechazada.</p>
<p>Para alcanzar un acuerdo habría sido necesario <strong><em>un enfoque por fases</em></strong>: <em>una normalización gradual de las relaciones diplomáticas y económicas con Rusia</em>, una <em>retirada lenta del apoyo a Ucrania</em> y unas <em>negociaciones cuidadosamente gestionadas y destinadas a fomentar la confianza durante un período prolongado</em>, que podría haber durado años.</p>
<p><strong>Pero Trump, con su impaciencia característica, trató de imponer un acuerdo global en un plazo arbitrario de 100 días. El resultado no fue un avance, sino un fracaso.</strong></p>
<p>En general, <em>el enfoque de Estados Unidos en las negociaciones fue un caso de libro de incompetencia estratégica y diplomática</em>. Esto se debe en parte a la inclusión en el equipo de Trump de figuras como Steve Witkoff y Marco Rubio, que carecen de experiencia diplomática y subestimaron la complejidad del conflicto.</p>
<p>Sin embargo, el fracaso de la iniciativa de paz de Trump también refleja realidades más profundas dentro del pensamiento de la política exterior estadounidense.</p>
<p>Si bien su retórica puede parecer romper con la ortodoxia intervencionista bipartidista del pasado, su doctrina <strong><em>“America First” </em></strong>sigue basándose en la creencia en la supremacía global de Estados Unidos, como lo demuestran sus agresivas tácticas comerciales.</p>
<p>Por eso Washington no pudo comprometerse seriamente con las demandas más amplias de Rusia. Como se ha señalado, Moscú no solo quiere el reconocimiento de los cambios territoriales, sino que busca <strong><em>la aceptación de la realidad multipolar del panorama internaciona</em></strong><em>l</em>. Para la clase dirigente de la política exterior estadounidense, incluso bajo Trump, eso sigue siendo una propuesta inaceptable.</p>
<p>Así, aunque Trump pudiera haber estado genuinamente comprometido, a nivel racional, con poner fin a la guerra en Ucrania, <strong><em>la cultura institucional que ayudó a iniciar y mantener el conflicto sigue profundamente arraigada</em></strong>.</p>
<p>Como resultado, Trump no solo no ha logrado poner fin a la guerra, sino que, en cierta medida, ha profundizado el enredo de Estados Unidos. Esto le deja políticamente expuesto.</p>
<p><strong>No puede reclamar el manto de pacificador, pero está claro que no tiene ningún interés en convertirse en Biden 2.0.</strong> <strong>Alejarse por completo podría haber preservado cierta coherencia. Pero al permanecer, ha hecho suya la guerra.</strong></p>
<p>Paradójicamente, <em>el tan criticado acuerdo sobre minerales podría resultar más ventajoso para Ucrania que para Estados Unidos</em>. <strong>Garantiza la continuidad de la participación estadounidense y protege a Kiev del abandono total, incluso si la riqueza mineral en cuestión resulta finalmente ilusoria.</strong></p>
<p>Pero el tibio apoyo militar estadounidense no revertirá la suerte de Ucrania en el campo de batalla. Sigue siendo probable un avance ruso y, con él, un posible colapso ucraniano.</p>
<p>No está claro si este resultado obligaría a Occidente a volver a la mesa de negociaciones o si provocaría una nueva escalada. En cualquier caso, sigue existiendo un problema fundamental: <strong><em>todas las partes entienden que lo que se acuerde hoy podría revocarse mañana.</em></strong></p>
<p>Esta desconfianza mutua significa que Rusia, Ucrania y, por extensión, Occidente, probablemente seguirán enfrascados en unas relaciones enconadas durante los próximos años, incluso si finalmente se alcanza un acuerdo formal.</p>
<p>Al mismo tiempo, es probable que Rusia mantenga una postura militar sólida en la región en el futuro inmediato, especialmente en el contexto de los planes de rearme y la retórica agresiva de Europa.</p>
<p>Esto, a su vez, provocará una respuesta de Europa, lo que dará lugar a una nueva ronda de contramedidas rusas. <em>Todo ello se desarrollará en un entorno político profundamente tóxico, en el que la desconfianza es profunda y el ciclo de escalada sigue siendo difícil de romper</em>.</p>
<p>Por ahora, el escenario más probable sigue siendo un conflicto prolongado, el aumento de los costes y la profundización de las divisiones, no solo entre Rusia y Occidente, sino también dentro del propio Occidente.</p>
<p>La guerra no terminará hasta que Washington y sus aliados estén dispuestos a afrontar la cuestión fundamental: <em>la persistencia de una doctrina hegemónica que no admite rivales.</em></p>
<p>Hasta que eso ocurra, la paz seguirá siendo esquiva y el derramamiento de sangre continuará.</p>
<p>Y Donald Trump, le guste o no, corre el riesgo de ser recordado no como el hombre que puso fin a la guerra, sino <strong><em>como el que la heredó y dejó que ardiera</em></strong>.</p>
</div>
</article>
<p><em>Publicado</em><em> </em><em>originalmente</em><em> </em><em>por</em><em> </em><a href="https://unherd.com/2025/05/trumps-peacemaking-was-always-doomed/" target="_blank" rel="noopener"><u><em>UnHerd</em></u></a><em>.<br>
</em><em>Traducción</em><em>: </em><a href="https://observatoriodetrabajad.com/2025/05/12/la-mediacion-de-trump-siempre-estuvo-condenada-al-fracaso-la-guerra-de-ucrania-es-insoluble-thomas-fazi/" target="_blank" rel="noopener"><u><em>Observatorio</em></u><u><em> de </em></u><u><em>trabajadores</em></u><u><em> </em></u><u><em>en</em></u><u><em> </em></u><u><em>lucha</em></u></a></p>
</div>

link:
https://strategic-culture.su/news/2025/05/12/la-mediacion-trump-siempre-estuvo-condenada-fracaso-guerra-ucrania-insoluble/


guid: 1029449 at https://www.zerohedge.com
title: Judge Allows CIA To Fire Doctor Who Helped Enforce Military COVID Mandate
author: ;Tyler Durden
hash: |B�aZhdq�w7��
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content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Judge Allows CIA To Fire Doctor Who Helped Enforce Military COVID Mandate</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><em><a href="https://www.theepochtimes.com/us/judge-allows-cia-to-fire-doctor-who-helped-enforce-military-covid-mandate-5855747?utm_source=partner&amp;utm_campaign=ZeroHedge&amp;src_src=partner&amp;src_cmp=ZeroHedge">Authored by Tom Ozimek via The Epoch Times</a> (emphasis ours),</em></p>

<p><strong>A federal judge has denied an emergency bid by Dr. Terry Adirim to halt her dismissal from the CIA</strong>, rejecting her claims that political activists orchestrated her firing in retaliation for her role in enforcing the military’s COVID-19 vaccine mandate.</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/image_92%2812%29_1.jpg?itok=hf_SDeA0" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_92%2812%29_1.jpg?itok=hf_SDeA0"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="6dee707b-5997-4b4d-88b3-0e9ba10b3b70" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_92%2812%29_1.jpg?itok=hf_SDeA0" typeof="foaf:Image" width="500"><figcaption><em>Dr. Terry Adirim, acting assistant defense secretary for Health Affairs, gives an update on COVID-19 at the Pentagon on June 30, 2021. Screenshot via The Epoch Times/DOD</em></figcaption></figure></picture></a>

<p>In a <a href="https://www.courtlistener.com/docket/70131455/14/adirim-v-us-central-intelligence-agency/">ruling</a> issued on May 9, U.S. District Judge Michael Nachmanoff found that <strong>Adirim had failed to demonstrate a likelihood of success on the merits of her claim that the CIA violated her constitutional rights.</strong> The decision clears the way for the agency to proceed with terminating Adirim’s employment under a contract provision allowing dismissal with 30 days’ notice.</p>

<p>Adirim, a former senior Defense Department official who served as the CIA’s director of global health services, alleged in court filings that s<strong>he became the target of a politically motivated campaign led by activist Ivan Raiklin.</strong> She claimed in her <a href="https://www.courtlistener.com/docket/70131455/1/adirim-v-us-central-intelligence-agency/">lawsuit</a> that <strong>Raiklin defamed her as a traitor and “architect” of the Pentagon’s COVID-19 vaccine mandate</strong> and that he enlisted fellow activist<strong> Laura Loomer </strong>to persuade President Donald Trump to intervene with the CIA to have her fired.</p>

<p>Her lawsuit named the CIA, Raiklin, CIA Director John Ratcliffe, and the conservative nonprofit America’s Future as defendants. It alleged due process violations, defamation, breach of contract, and a Privacy Act violation stemming from alleged leaks about her dismissal to Breitbart News.</p>

<p><a data-image-external-href="https://store.zerohedge.com/multi-function-survival-flashlight" data-image-href="https://store.zerohedge.com/multi-function-survival-flashlight" data-link-option="2" href="https://store.zerohedge.com/multi-function-survival-flashlight"><picture><img data-entity-type="file" data-entity-uuid="10e307e9-59a7-451c-8d4c-f8f33dd5d1d4" data-responsive-image-style="inline_images" height="289" width="500" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/survival%20flashlightJPG.jpg?itok=zK7Q_a87" alt="" typeof="foaf:Image" data-sanitized-class="inline-images image-style-inline-images"></picture></a></p>

<p>In a 25-page opposition <a href="https://www.courtlistener.com/docket/70131455/9/adirim-v-us-central-intelligence-agency/">brief</a> filed on May 6, Justice Department attorneys called Adirim’s theory “speculative and unsupported,” arguing that her theory relied on loosely drawn connections and unsubstantiated assumptions about political influence.</p>

<p>“<strong>Plaintiff pinpoints the blame not on the CIA, but on a non-governmental actor, Ivan Raiklin, whom she accuses of orchestrating her termination through a scheme of defamation and political influence,</strong>” the attorneys wrote. “Besides being farfetched—and untrue—Plaintiff’s allegations do not actually amount to any viable claim against the Federal Defendants, let alone any claim that merits an injunction.”</p>

<p>The Department of Justice acknowledged Adirim’s name appeared on Raiklin’s so-called Deep State Target List but said this had no bearing on the CIA’s decision.</p>

<p>“<strong>There is no reason other than the close timing of Ms. Loomer’s White House visit and the CIA’s communication of its termination decision to Plaintiff to suggest the two are linked,</strong>” the filing reads.</p>

<p>The CIA maintained that Adirim wasn’t terminated over politics but because of “multiple complaints” from CIA staff about her “inappropriate and harassing” conduct in the workplace.</p>

<p>According to a <a href="https://www.courtlistener.com/docket/70131455/9/1/adirim-v-us-central-intelligence-agency/">declaration</a> from the agency’s deputy chief operating officer, senior leadership initiated a review of Adirim’s behavior weeks before Loomer’s reported White House visit and made the decision to terminate her independently.</p>

<p>The political and legal controversy surrounding the military’s COVID-19 vaccination mandate intensified just days before the court’s ruling. On May 7, the Pentagon issued sweeping new <a href="https://www.defense.gov/Portals/1/Spotlight/2025/Guidance_For_Federal_Policies/Supplemental-Guidance-to-the-Military-Department-Discharge-Review-Boards-and-Boards-for-Correction-of-Military-Naval-Records.pdf">guidance</a> acknowledging that the mandate had been “an unfair, overbroad, and completely unnecessary burden” on servicemembers. The memo directed military review boards to reinstate troops discharged over the mandate and remove related disciplinary records, declaring that the lack of due process in enforcing vaccine compliance was itself “an injustice.”</p>

<p><strong>Adirim, who had signed key policy documents enabling the Pentagon’s mandate while serving as acting assistant secretary of defense for health affairs, became a focal point in that broader political reckoning</strong>—even as the CIA maintained her dismissal was unrelated.</p>
<a data-image-external-href="" data-image-href="https://assets.zerohedge.com/s3fs-public/inline-images/image_92%2813%29_0.jpg?itok=oMoHCrUa" data-link-option="0" href="https://assets.zerohedge.com/s3fs-public/inline-images/image_92%2813%29_0.jpg?itok=oMoHCrUa"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="7e9a2c3c-1885-435a-bb05-8cad6384f545" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_92%2813%29_0.jpg?itok=oMoHCrUa" typeof="foaf:Image" width="500"><figcaption><em>A soldier watches another soldier receive his COVID-19 vaccination from Army Preventative Medical Services in Fort Knox, Ky., on Sept. 9, 2021. Jon Cherry/Getty Images</em></figcaption></figure></picture></a>

<p>In her complaint, Adirim contended that being fired just weeks before qualifying for federal retirement amounted to irreparable harm, that she had been defamed after decades of public service, and that her family had been endangered.</p>

<p><strong>The CIA said the decision was internal, lawful, and based on employee complaints rather than political pressure.</strong></p>

<p>In response to the May 9 ruling, Adirim’s attorney Kevin Carroll told The Epoch Times in an emailed statement, “We respect the court’s decision and look forward to litigating the underlying issues.”</p>

<p>The case remains active in federal court but, without the injunction she had sought, Adirim’s termination is now set to proceed as planned.</p>

<p>Raiklin, in a <a href="https://x.com/IvanRaiklin/status/1920992347770249599">post</a> on social media platform X, hailed the decision: “Terry Adirim, you’re fired!!! Your lawyer is next.”</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T15:45:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 11:45</span>

link:
https://www.zerohedge.com/political/judge-allows-cia-fire-doctor-who-helped-enforce-military-covid-mandate


guid: https://ici.radio-canada.ca/nouvelle/2164447/ontario-construction-maisons-doug-ford
title: L’Ontario a un nouveau plan pour le logement; est-ce que ça va marcher?
link: https://ici.radio-canada.ca/nouvelle/2164447/ontario-construction-maisons-doug-ford
hash: j�m/�6XTL7R�Q#Z
content:
<p>Le gouvernement de Doug Ford offre d'autres incitatifs aux promoteurs immobiliers pour construire plus.</p>

attributes:
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guid: https://www.whitehouse.gov/?p=12063
title: ART OF THE DEAL: U.S., China Ink Initial Trade Deal
author: ;The White House
link: https://www.whitehouse.gov/articles/2025/05/art-of-the-deal-u-s-china-ink-initial-trade-deal/
hash: �fN, ��)x�v��
tags: #Articles
attributes: {"enclosures":[]}
content:
<figure data-sanitized-class="wp-block-image aligncenter size-large is-resized"><img fetchpriority="high" decoding="async" width="1277" height="958" src="https://www.whitehouse.gov/wp-content/uploads/2025/05/geneva-2.jpg" alt data-sanitized-class="wp-image-12067"></figure><p>President Donald J. Trump and his administration have secured another good deal for the American people — an <a href="https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-president-donald-j-trump-secures-a-historic-trade-win-for-the-united-states/">initial trade deal</a> with China that reduces tariffs, ends retaliation, and sets Americans on the path for truly free, fair trade.</p>
<p>It’s the second significant trade breakthrough of the past week following President Trump’s <a href="https://www.whitehouse.gov/fact-sheets/2025/05/fact-sheet-u-s-uk-reach-historic-trade-deal/">landmark trade deal</a> with the United Kingdom — and comes as President Trump enacts his transformational vision for liberating Americans from the unfair trade practices that have gripped workers and businesses for decades.</p>
<p><strong>At a press conference in Geneva, Secretary of the Treasury Scott Bessent and U.S. Trade Representative Ambassador Jamieson Greer laid out the details of the initial agreement:</strong></p>
<ul data-sanitized-class="wp-block-list"><li><a href="https://x.com/RapidResponse47/status/1921866107452846100">Secretary Bessent</a>: “We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%.”</li>
<li><a href="https://x.com/RapidResponse47/status/1921870077567078747">Ambassador Greer</a>: “Both the Chinese and the United States agreed to work constructively together on fentanyl and there’s a positive path forward there, as well.”</li>
<li><a href="https://x.com/RapidResponse47/status/1921871995945222398">Secretary Bessent</a>: “The upside surprise for me from this weekend was the level of Chinese engagement on the fentanyl crisis in the United States. They brought the Deputy Minister for Public Safety … and he had a very robust and highly detailed discussion.”</li>
<li><a href="https://www.youtube.com/watch?v=INzZpqIpK_Q">Ambassador Greer</a>: “We are going to have our economy continue taking off as we put structure around these negotiations and get global trade into a better place.”</li>
</ul><p><strong>Secretary Bessent then made the rounds on television to inform the American people of the landmark deal:</strong></p>
<ul data-sanitized-class="wp-block-list"><li><a href="https://x.com/RapidResponse47/status/1921884661971607969">On negotiations</a>: “It was always respectful. We had the two largest economies in the world. We were firm — and we moved forward … We came with a list of problems that we were trying to solve and I think we did a good job on that.”</li>
<li><a href="https://x.com/RapidResponse47/status/1921886945459749258">On stopping precursors of fentanyl from China</a>: “This is a priority for President Trump and, indeed, the whole administration … Hundreds of thousands of Americans die every year and I think that we saw here in Geneva that the Chinese are now serious about assisting the U.S. in stopping the flow of precursor drugs.”</li>
<li><a href="https://x.com/RapidResponse47/status/1921893232486584681">On non-tariff barriers</a>: “We’ve had free trade, and as you said, that has not worked for the American people. There’s something called the ‘China shock,’ which has gutted our manufacturing sector … They subsidize labor, they subsidize capital goods, and they have exported that to us and to the rest of the world. We have put up tariffs to push back on that, so it will be a matter of what is the equilibrium level on tariffs and also getting China to open their markets for American companies.”</li>
<li><a href="https://x.com/RapidResponse47/status/1921898801406566854">On supply chains</a>: “Bringing back our important strategic industries can be a result of tariffs, but it’s also a result of national will — so this administration is running full speed to make sure that what we saw during COVID never happens again.”</li>
<li><a href="https://x.com/RapidResponse47/status/1921896843610403005">On past agreements</a>: “In January 2020, President Trump produced a template — we had an excellent trade agreement with China, and the Biden Administration chose not to enforce it. The Chinese delegation basically told us that once President Biden came into office, they just ignored their obligations.”</li>
</ul><figure data-sanitized-class="wp-block-image aligncenter size-large is-resized"><img decoding="async" width="988" height="741" src="https://www.whitehouse.gov/wp-content/uploads/2025/05/geneva-1.jpg" alt data-sanitized-class="wp-image-12066"></figure>


guid: https://strategic-culture.su/?post_type=article&amp;p=885257
title: Macron, Starmer, Merz and a Bag of Cocaine?
author: ;A A
link: https://strategic-culture.su/news/2025/05/12/macron-starmer-merz-and-bag-of-cocaine/
hash: r�(�C�#Ѩ�&�@A
tags: #Editor's Choice #Emmanuel Macron #Friedrich Merz #Keir Starmer #Narcotics
attributes: {"enclosures":[]}
content:
<div data-sanitized-class="code-block code-block-2">
<p><strong><em>By Hal TURNER</em></strong></p>
<p><strong><span>Join us on </span><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener">Telegram</a><a href="https://t.me/strategic_culture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/tlg.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875659"></a>, <a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener">Twitter</a><a href="https://twitter.com/SCJournalOnline" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/twitter.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875661"></a><span>, and</span> <a href="https://vk.com/strategicculture/" target="_blank" rel="noopener">VK</a><a href="https://vk.com/strategicculture/" target="_blank" rel="noopener"><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2023/09/wk.jpg" alt="" width="25" height="25" data-sanitized-class="alignnone wp-image-875662"></a>.</strong></p>
</div>
<p><strong><span>Contact us:</span> </strong><a href="mailto:info@strategic-culture.su" target="_blank" rel="noopener"><u><strong>info@strategic-culture.su</strong></u></a></p>
<p>Yesterday, European Leaders Emanuel Macron (France), Kier Starmer (UK), and Frederich Merz (Germany) sat down at a table that appeared to have a bag of cocaine and a cocaine sniffing spoon on it.  Macron secreted the bag off the table away from cameras, then Merz grabbed and hid the seeming cocaine sniffing spoon.</p>
<p>During the train ride from Kyiv to Warsaw, journalists unexpectedly entered the carriage of French President Macron and German Chancellor Merz. Both Merz and Macron were seen hastily trying to conceal suspicious items resembling tools commonly used for cocaine.</p>
<p>We begin with still images from video.  Below, the apparent bag of cocaine and the sniffing spoon with arrows pointing to each:</p>
<p><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2025/05/Arrows-Bag-Cocaine-Table-Macron.jpg" alt="" width="800" height="1120" data-sanitized-class="alignnone size-full wp-image-885258"></p>
<p>Close-up of spoon with <strong>inserted image</strong> of one that can be bought online:</p>
<p><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2025/05/Arrows-Cocaine-Sniffing-Spoon.jpg" alt="" width="1019" height="764" data-sanitized-class="alignnone size-full wp-image-885259"></p>
<p>Lastly, the actual video of these men, sitting down at the table wherein these items are clearly visible, then showing Macron quickly grab and conceal the bag and Merz grab and conceal the spoon:</p>
<p><iframe loading="lazy" title="BUSTED: French President Macron, British Prime Minister Starmer, and German Chancellor Merz" width="500" height="281" src="https://www.youtube.com/embed/totTOvXooJY?feature=oembed" frameborder="0" allow="accelerometer; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen sandbox="allow-scripts allow-same-origin"></iframe></p>
<div data-sanitized-class="avPlayerWrapper avVideo">
<div data-sanitized-class="avPlayerContainer">
<div data-sanitized-id="AVPlayerID_0_3de55771e55be03174e0669349a19813" data-sanitized-class="avPlayerBlock">If the bag wasn’t full of illegal drugs, why did Macron snatch it up and then try to put it discreetly in his pocket?</div>
</div>
</div>
<p>If the spoon wasn’t for sniffing cocaine, why did Merz grab it and conceal it in his hands?</p>
<p>A LOT of people think these three men were sitting down to get high on cocaine; or maybe RESUME it?</p>
<p>These men were at a meeting for the “Coalition of the willing” about the Ukraine-Russia War.</p>
<p><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2025/05/Coalition-of-the-willing.jpg" alt="" width="800" height="533" data-sanitized-class="alignnone size-full wp-image-885260"></p>
<p>During those meetings, Ukraine President Zelensky was apparently so high on drugs, he put his pants on backwards!</p>
<p>Notice the open Fly on the back!</p>
<p><img loading="lazy" src="https://strategic-culture.su/wp-content/uploads/2025/05/Zelensky-Pants-on-Backwards.jpg" alt="" width="825" height="1200" data-sanitized-class="alignnone size-full wp-image-885261"></p>
<p>Unless that was done deliberately to provide easy access for gay sex?</p>
<p>These men keep making proposals to end the war that Russia has REPEATEDLY REJECTED.</p>
<p>Maybe the reason these men make proposals that are repeatedly rejected is because their brains are tainted by <strong>DRUG USE?</strong></p>
<p>Men are dying on battlefields and these guys do what you see above.</p>
<p>Maybe they got it FROM . . . . . . or FOR . . . . . . Zelensky?  Here’s video of Zelensky displaying ALL the signs of cocaine use:</p>
<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="und">Zelensky’s Cocaine Nose 👀 <a href="https://t.co/T2zuP8Caj1">pic.twitter.com/T2zuP8Caj1</a></p>
<p>— Nightwatch N8 (@NightwatchN8) <a href="https://twitter.com/NightwatchN8/status/1900624830338396499?ref_src=twsrc%5Etfw">March 14, 2025</a></p></blockquote>
<p>It’s starting to look to some people like there’s no hope for peace unless Colombia, Peru, Bolivia, Venezuela, et al, embargo cocaine from Europe.  Maybe once the drugs are out of people’s brains over there, peace can be achieved?</p>
<p>Here is the original news video from which the above came:</p>
<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en">🇪🇺🇷🇺 PUTIN GETS AN ULTIMATUM: CEASEFIRE OR GET CRUSHED WITH SANCTIONS</p>
<p>In a surprise power move, leaders from Britain, France, Germany, Poland, and Ukraine met in Kyiv and—on live speakerphone with Trump—told Putin: Stop the war by Monday, or face brutal new sanctions.</p>
<p>No… <a href="https://t.co/pUi2EBqNpL">https://t.co/pUi2EBqNpL</a> <a href="https://t.co/LqCcsYH3rr">pic.twitter.com/LqCcsYH3rr</a></p>
<p>— Mario Nawfal (@MarioNawfal) <a href="https://twitter.com/MarioNawfal/status/1921213638523699331?ref_src=twsrc%5Etfw">May 10, 2025</a></p></blockquote>
<p><em>Original article: </em><strong><a href="https://halturnerradioshow.com/index.php/news-selections/world-news/macron-starmer-merz-and-a-bag-of-cocaine" target="_blank" rel="noopener">halturnerradioshow.com</a></strong></p>


guid: 1029714 at https://www.zerohedge.com
title: Israeli-American Captive Edan Alexander Freed By Hamas After Trump Diplomacy
author: ;Tyler Durden
hash: �9c��N� �<�� �
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Israeli-American Captive Edan Alexander Freed By Hamas After Trump Diplomacy</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>In another huge win for Trump diplomacy and what is an immense relief for family members, American-Israeli hostage Edan Alexander, who has been held captive in the Gaza Strip since Oct. 7, 2023, was released from Hamas captivity on Monday.</p>

<p>He is the last living American hostage in Gaza, and his freedom was accomplished by US dialogue with Hamas which reportedly cut out the Israelis. He endured and survived an unbelievable <strong>584 days</strong> while being held in a war zone.</p>

<blockquote data-media-max-width="560" data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">Edan Alexander, we have been waiting for you for 584 days. Welcome home! <a href="https://t.co/a0hXe9fYkz">pic.twitter.com/a0hXe9fYkz</a></p>
— StopAntisemitism (@StopAntisemites) <a href="https://twitter.com/StopAntisemites/status/1921952563143852459?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
<p>"Red Cross vehicles are en route to Gaza to collect Israeli-American hostage Edan Alexander for his release from Hamas captivity on Monday evening," Jerusalem Post confirmed, as footage showed the vehicle.</p>

<p>Hamas, in a statement, announced it released the hostage and IDF soldier as a result of <strong>"important talks" with the US</strong>, "to which Hamas responded positively and with great flexibility."</p>

<p>Hamas is touting that it is ready to <strong>"achieve results in securing the release of prisoners" </strong>if it has a willing negotiating partner on the other side. It said further:</p>

<blockquote>
<p><em>We reaffirm the movement’s readiness to immediately begin negotiations to reach a comprehensive and sustainable ceasefire agreement, ensure the withdrawal of the occupation army, lift the blockade, implement a prisoner exchange, and begin the reconstruction of the Gaza Strip. </em></p>

<p><em><strong>We urge President Trump’s administration to continue its efforts to end this brutal war </strong>waged by the war criminal Netanyahu against children, women, and unarmed civilians in Gaza.</em></p>
</blockquote>

<p>Alexander's family was flown by Israeli military helicopter where they are expected to reunite with their loved one, soon after he's handed over to Israel.</p>
<a data-image-external-href="" data-image-href="/s3/files/inline-images/alxndrheli.jpg?itok=jk2uHrKh" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/alxndrheli.jpg?itok=jk2uHrKh"><picture><figure role="group" data-sanitized-class="caption caption-img inline-images image-style-inline-images"><img alt="" data-entity-type="file" data-entity-uuid="5b7ee68c-515e-4e68-84cc-2c27535ff8ae" data-responsive-image-style="inline_images" height="313" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/alxndrheli.jpg?itok=jk2uHrKh" typeof="foaf:Image" width="500"><figcaption><em>via IDF</em></figcaption></figure></picture></a>

<p>One rare positive is also that Israeli forces were <strong>ordered to halt major activities in the Gaza Strip</strong> ahead of the release, and to ensure Alexander's safety.</p>

<p>“Adjustments have been made for the release, but the army continues with normal operations,” a security source told <em>Times of Israel</em>. While there's no truce per se, Israeli bombardments and air raids have been very limited Monday.</p>

<p>Last week, Israeli Prime Minister Benjamin Netanyahu had said, "Israel will defend itself by itself" - after Trump made a deal for ceasefire with the Houthis of Yemen, reportedly without any input or consultations with Israel. There are widespread reports that the Trump-Netanyahu relationship is as strained as ever.</p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">First images of Edan Alexander being turned over to Israel<br><br>
All of this proves that Qatar can demand any hostage's release and get it. Which means they can demand all of them be released. Which also means they refused to do it until now<br><br>
Qatar is Hamas in suits <a href="https://t.co/HqVvx9blDA">pic.twitter.com/HqVvx9blDA</a></p>
— Ari Hoffman 🎗 (@thehoffather) <a href="https://twitter.com/thehoffather/status/1921958041815015440?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
<p><a href="https://www.timesofisrael.com/liveblog-may-11-2025/"><em>The Times of Israe</em></a>l had interestingly reported over the weekend, "After Hamas confirms that it will release Israeli hostage Edan Alexander, which it is <strong>reportedly doing as a gesture of goodwill to US President Donald Trump</strong> during his visit to the region this week, Israeli journalist Barak Ravid says US special envoy Steve Witkoff will arrive in Israel tomorrow to facilitate the process."</p>

<p>Edan Alexander is originally from New Jersey, and his family has <strong>begged for Trump to obtain his freedom</strong>. All of this appears have happened outside of Netanyahu government consultations - though on Monday the Israeli leader 'thanked' Trump for his successful efforts.</p>

<blockquote data-sanitized-class="twitter-tweet">
<p dir="ltr" lang="en" xml:lang="en">584 DAYS HELD HOSTAGE BY HAMAS — AMERICAN EDAN ALEXANDER IS FREE! 🇺🇸🇮🇱 <a href="https://t.co/3rvVqfPfdI">pic.twitter.com/3rvVqfPfdI</a></p>
— The White House (@WhiteHouse) <a href="https://twitter.com/WhiteHouse/status/1922007989474541588?ref_src=twsrc%5Etfw">May 12, 2025</a></blockquote>
<p> </p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T16:05:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 12:05</span>

link:
https://www.zerohedge.com/geopolitical/israeli-american-captive-edan-alexander-freed-after-trump-intervened-hamas


guid: 1029710 at https://www.zerohedge.com
title: Still Living In Interesting Times
author: ;Tyler Durden
link: https://www.zerohedge.com/markets/still-living-interesting-times
hash: 7_W��D�t� �k��4�
attributes: {"enclosures":[]}
content:
<span property="schema:name" data-sanitized-class="field field--name-title field--type-string field--label-hidden">Still Living In Interesting Times</span>

            <div property="schema:text" data-sanitized-class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"><p><em>By Benjamin Picton, Senior Macro Strategist at Rabobank</em></p>

<p><em><strong>"May you live in interesting times”</strong></em> is a phrase sometimes erroneously attributed as an ancient Chinese curse. The general idea being that “interesting” times are more likely to be tumultuous and hard, rather than easy and comfortable. Given that we now live in a time where established orthodoxies like “free trade is always and everywhere a good thing”, ‘the international rules-based order’ and “there will never be an American Pope” are being overturned, <strong>its fair to say that the current climate meets the standard for “interesting”.</strong></p>

<p>The big market-related news this morning is the trade talks between China and the United States in Geneva over the weekend. Treasury Secretary Scott Bessent said that the talks resulted in “substantial progress”, while Chinese Vice Premier He Lifeng also extolled “important progress” without offering specifics. President Trump went so far as to call the talks a “total reset” on the US-China relationship, but if that’s the case the risk-on tone in markets this morning seems underdone. Perhaps this is one of those occasions where traders’ reticence to price in “he means what he says” actually works because deep divergence of interests means that there is unlikely to be any substantive meat on these bones? Risk assets are minorly bid this morning and Bessent says an announcement of particulars will be made later today.</p>

<p>Meanwhile, President Xi Jinping travelled to Moscow last week to attend Russia’s Victory Day parade, marking 80-years since the defeat of Nazi Germany in WWII. <strong>At the event Xi described the relationship between Russia and China as “unbreakable” and said that they were ”friends of steel</strong>”, which might be a little awkward for the European trade boffins who see closer ties with China as a card that they can play in negotiations with the United States. <strong>Is the friend of my enemy my enemy? Or can we still be friends </strong>while I pretend that he doesn’t pal around with unsavoury characters that are fighting wars of aggression against my other, smaller friends? <strong>It’s hard to see how Europe could lay claim to usurping the USA as the new torchbearer of freedom and democracy </strong>(as some have claimed it has done) while pursuing such naked self-interest on the trade front.</p>

<p>Of course, others are happy to drop the pretext that they are pursuing anything other than naked self-interest. President Zelenskyy, backed by European counterparts, <strong>had offered a 30-day ceasefire in the war against Russia, but was rebuffed by Moscow who countered by offering direct talks to be hosted in Istanbul later this week</strong>. Zelenskyy, increasingly pressured by the US to cut a deal to end hostilities, says that he is ready to talk but it is unclear whether he will be meeting with Vladimir Putin in person. What IS clear is the likely terms offered by Russia for peace: no NATO membership for Ukraine, recognition of Russian dominion over Crimea, no international peacekeepers on Ukrainian territory, recognition of Russian control over territory in Eastern Ukraine and strict caps on Western military aid to Ukraine. All of that sounds a bit ‘Treaty of Versailles’, but the realpolitik here is clear: Russia is nakedly pursuing its vital strategic interests and the ‘international rules-based order’ really doesn’t feature.</p>

<p>Elsewhere in geopolitics, <strong>India tweaked the US’ nose for suggesting that it had brokered the tenuous ceasefire that is currently holding vis-à-vis Pakistan</strong>, and PM Modi reportedly told J.D. Vance that any further attacks from Pakistan will be met with “devastating and strong” retaliation from New Delhi. <strong>A number of news outlets have noted in recent days that the tit-for-tat exchanges between the two South Asian neighbours has provided an interesting sandbox for testing Chinese military hardware (as deployed by Pakistan) against Western weaponry increasingly adopted by India</strong>. No doubt there will be many interested onlookers should hostilities flare up again, as seems likely.</p>

<p>President Trump will travel to Riyadh today to meet with Saudi Arabian officials. Saudi reportedly wants to do a deal to access civilian nuclear technology, and has told the US that if they are unwilling to supply it they may look elsewhere (read, China). Meanwhile, the relationship between the United States and Israel seems to be deteriorating as the USA tries to do a deal with Iran over its own nuclear ambitions (a red line for Israel), calls time-out on strikes against the Houthis, and flirts with the prospect of recognizing a Palestinian state. Israeli PM Netanyahu is digging his heels in over extending the war in Gaza (much to the frustration of the USA) and comments attributed to Netanyahu suggesting that Israel may need to “detox” itself from US security assistance are currently spreading across social media. The trend in developments here seems to suggested that odds of diplomatic normalization between Saudi Arabia an Israel are lengthening, which is a win for Iran and another L for Western-liberal multilateralism.</p>

<p>So, <strong>the world remains in a geopolitical flux as the architecture hammered out at Bretton Woods appears to be breathing its last and Great States vie to shape the emerging global order</strong>. Markets are still ticking along though, with gold down, oil up, the DXY index back above 100, yields on US 10’s rising again and stocks opening up bid.</p>

<p>We may live in interesting times, but in the markets it’s all very ho-hum.</p>
</div>
      <span rel="schema:author" data-sanitized-class="field field--name-uid field--type-entity-reference field--label-hidden"><a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" xml:lang="" data-sanitized-class="username">Tyler Durden</a></span>
<span property="schema:dateCreated" content="2025-05-12T16:25:00+00:00" data-sanitized-class="field field--name-created field--type-created field--label-hidden">Mon, 05/12/2025 - 12:25</span>


title: Procès des hockeyeurs : la plaignante a « menacé » les accusés, suggère la défense
content: <p>C'est l'avocate de Dillon Dubé, l'un des accusés, qui a contre-interrogé E. M. lundi.</p>
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https://ici.radio-canada.ca/nouvelle/2164442/proces-hockey-canada-london-junior-troisieme-semaine-contre-interrogatoire-presumee-victime-em

link:
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