Zero Hedge

SpaceX Erupts In After Hours Trading, Hits $3 Trillion Market Cap, Surpassing Microsoft

SpaceX Erupts In After Hours Trading, Hits $3 Trillion Market Cap, Surpassing Microsoft

Update (9:00pm): just a few minutes after the initial post, the squeeze is accelerating and SPCX hit just shy of $230, or $3 trillion in market cap, surpassing MSFT in value.

And what is even crazier, tomorrow SPCX options start trading, which means one good, solid gamma squeeze could send this stock to $400, surpassing NVDA as the world's biggest company in the process.

Earlier:

After a relatively calm first day of trading, the gamma squeeze crew has finally sniffed out that SpaceX's float makes it a perfect candidate for an OTM-call option driven meltup, and the stock soared ~20% today, adding over $400 billion in market in the regular session.

Commenting on the move, Vanda Track earlier noted that SpaceX topped the leaderboard as the most bought stock by retail investors for a second consecutive session, with net buying potentially set to clear $100mn for the second day in a row.

On a net basis, retail investors have now bought almost as much SPCX over the last two sessions as they bought across the entire US stock market last week. In fact, today's $93.8mn of net buying in SpaceX accounts for roughly 73% of all retail net buying across single stocks so far today.


 
The one notable development today according to Vanda, is that we're seeing some appetite return to semiconductor stocks. Names such as MRVL, MU, SNDK and AVGO have all seen some modest buying today amid the rebound. However, retail flows remain selective rather than broad-based, with leveraged bearish ETFs such as SQQQ and SOXS also among today's most bought securities by retail investors.

Vanda's conclusion is that "the broader message remains unchanged: SpaceX has not sparked a retail buying frenzy across the market. Instead, retail investors continue to direct capital into this one name, while maintaining a relatively cautious stance elsewhere."

And since momentum elsewhere is fading, retail has decided to double down on the very illiquid SPCX after hours, where its low float has made it a great squeeze candidate by the retail crew, and the stock is now exploding higher, and at last check was trading just over $210, meaning the stock has added $250 billion in market cap after the close - or a total of $650 billion today alone...

...  which translates into a market cap of $2.75 trillion or more than Apple's $2.65 trillion, and just behind MSFT's $2.97 trillion

 

 

Tyler Durden Tue, 06/16/2026 - 06:15

Eating Meat Is The Norm Almost Everywhere

Eating Meat Is The Norm Almost Everywhere

On average, 91 percent of people surveyed for Statista's Consumer Insights in 32 countries said that their diet contained meat – highlighting that despite the trend around meat substitutes and plant-based products, eating meat remains the norm almost everywhere in the world.

To satisfy the world's hunger for meat, 373 million tons of it were produced globally in 2024.

Because meat consumption typically increases as countries grow wealthier, that number has been rising.

As Statista's Katharina Buchholz shows in the chart below, in only three out of 32 countries – the Philippines, the United Arab Emirates and India – fewer than 90 percent of respondents said that they ate meat.

The latter country had the lowest score at 56 percent meat eaters. The Philippines still counted 88 percent of respondents saying they ate meat, while that number was 86 percent in the United Arab Emirates, likely influenced by the large South Asian diaspora there. India’s penchant for vegetarian fare is connected to Brahmanism or Vedic religion, a belief system connected to the caste of Brahmans, which are highly regarded in the Indian caste system, making vegetarianism equally desirable.

 Eating Meat Is the Norm Almost Everywhere | Statista

You will find more infographics at Statista

In Western countries, vegetarianism is more often tied to concerns about environmental impact or unethical practices in meat production. Despite higher meat consumption in these countries, meat substitutes are relatively more popular there. For example, 19 percent in the Netherlands and 15 percent in Switzerland said they bought them regularly. In Vietnam, 22 percent purchase meat substitutes regularly - the highest in the survey. Asian economies produce many traditional meat substitutes like tofu and seitan, whose long-standing popularity is intertwined with the history of Buddhism in the region.

The conceptualization of foregoing meat not only as a moral but as an environmental act has led to meat-eaters also purchasing meat substitutes, as the overlapping of figures from the survey suggest. Regular purchase of meat substitutes was among the lowest in the meat-loving nation of South Korea, where only 6 percent of people said they purchased them on the regular.

Tyler Durden Tue, 06/16/2026 - 05:45

China's Return To The Oil Market Could Boost Inflation

China's Return To The Oil Market Could Boost Inflation

Submitted by Tsvetana Paraskova of OilPrice.com

The U.S.-Iran agreement to reopen the Strait of Hormuz could prompt China to return to buying more crude after months of multi-year-low purchases, which could reignite inflationary pressures despite the expected ease of oil flows from the Middle East.   

Late on Sunday, the U.S. and Iran announced a deal to reopen the Strait of Hormuz more than 100 days after its closure. This re-opening could happen as soon as an agreement is signed on Friday. News of the deal sent oil prices tumbling early on Monday, with Brent Crude prices down to $83 per barrel, and WTI Crude at the $80 a barrel handle.

If the agreement holds and flows through the Strait of Hormuz, begin to tick up relatively quickly, China could resume buying more crude, and this additional demand, which had vanished in the past three months, could tighten the oil market and drive up inflation, analysts at Bloomberg Economics said in a note on Monday.

“Any recovery in Chinese oil demand — particularly if energy flows remain constrained — could tighten global energy markets, reignite inflation pressures and complicate the task facing central banks,” Bloomberg Economics’ analysts wrote.

Energy flows are likely to take months to recover to pre-war levels, assuming the deal holds and traffic through the Strait of Hormuz sustainably increases, analysts say.

China’s severely reduced crude oil imports have been a key anchor keeping oil prices below $100 per barrel during the past few weeks, alongside record U.S. crude and fuel exports and global releases from strategic oil stockpiles coordinated by the International Energy Agency.  

Crude oil imports to China in May fell to their lowest since October 2017 due to the price spike.

The world’s top crude importer started tapping its huge oil reserves last month, in a sign that Beijing is still refraining from paying top-dollar for prompt crude deliveries.

So far into this unprecedented crisis, China has slashed refinery run rates, limited exports, and cut demand for road transportation fuels as consumers prefer driving EVs over paying high gasoline prices.

The key question for the oil market is how much demand China would generate when it returns to more active crude purchases.

Tyler Durden Tue, 06/16/2026 - 05:00

Lebanon Hosts The World's Highest Concentration Of Refugees, US Ranks 82nd

Lebanon Hosts The World's Highest Concentration Of Refugees, US Ranks 82nd

The countries carrying the world’s largest refugee burden are often not the ones most people expect.

Using data from the UNHCR via Our World in Data, this graphic, via Visual Capitalist's Dorothy Neufeld, ranks countries by the number of refugees hosted per 1,000 residents in 2024.

The results reveal how proximity to conflict frequently matters more than economic size. Many of the countries at the top of the ranking border active war zones and have absorbed large refugee populations relative to their own populations.

Which Countries Carry the Largest Refugee Burden?

Roughly two-thirds of the world’s refugees remain in neighboring countries, helping explain why several relatively small nations rank ahead of much larger economies.

Rather than being distributed across the world’s wealthiest countries, refugee populations are often concentrated in states that share borders with major conflicts. The ranking below shows which countries carry the largest refugee burden relative to their population.

Why Does Lebanon Rank So High?

Lebanon tops the ranking by a wide margin, hosting 130.7 refugees per 1,000 residents. Put differently, about one out of every eight people living in the country is a refugee, the highest ratio in the world.

Its position reflects the country’s proximity to Syria, which has produced one of the world’s largest refugee crises since civil war broke out in 2011. Over the past decade, millions of Syrians have sought refuge in neighboring countries, with Lebanon absorbing one of the largest shares relative to its population.

The country has also faced mounting economic and political challenges of its own. More recently, fighting between Israel and Hezbollah displaced more than one million people within Lebanon, adding further strain to public services and infrastructure.

Taken together, these pressures help explain why Lebanon remains one of the countries most affected by displacement anywhere in the world.

Geography Matters More Than Wealth

Many of the countries hosting the largest refugee populations are located near active conflicts or regions experiencing prolonged instability.

Jordan and Lebanon border Syria. Moldova shares a border with Ukraine. Chad hosts refugees from neighboring Sudan, while Uganda has long received people fleeing violence in South Sudan and the Democratic Republic of Congo.

The pattern helps explain why many smaller countries appear near the top of the ranking despite having far fewer economic resources than larger developed nations.

For refugees, crossing a nearby border is often the fastest and safest option. As a result, neighboring countries frequently absorb the largest influxes long before refugees are resettled elsewhere.

Why the U.S. Ranks 82nd

At first glance, America’s ranking may seem surprisingly low.

The United States hosts hundreds of thousands of refugees and remains the world’s 18th-largest refugee destination in absolute terms.

However, its population of more than 340 million significantly changes the picture.

When refugee numbers are adjusted for population size, the U.S. hosts roughly 1.3 refugees per 1,000 residents, placing it 82nd globally.

The gap highlights why per-capita measures can reveal a different reality than headline totals. While large countries often host more refugees overall, smaller nations can experience a much greater impact relative to their population size.

Refugee Pressures Are Reaching Record Levels

The number of forcibly displaced people worldwide has surpassed 120 million, nearly double the level seen a decade ago. Conflicts in Ukraine, Sudan, Syria, and other regions continue to drive displacement across borders.

For host countries, the impact extends beyond humanitarian assistance. Large refugee populations can increase demand for housing, healthcare, education, infrastructure, and public services, particularly in smaller countries with limited resources.

The ranking highlights a reality often overlooked in global migration debates: the countries carrying the largest refugee burden are frequently those located closest to conflict, not necessarily those with the largest economies.

To learn more about this topic, check out this graphic on the world’s largest migration corridors.

Tyler Durden Tue, 06/16/2026 - 04:15

Ebola Cases, Deaths Jump In Congo As Outbreak Spreads

Ebola Cases, Deaths Jump In Congo As Outbreak Spreads

Authored by Zachary Stieber via The Epoch Times,

The number of Ebola cases and deaths has risen in Congo, the epicenter of an ongoing outbreak, officials said on June 14.

Response personnel carry the body of a person who died from Ebola in Bunia, Congo, on June 13, 2026. Jospin Mwisha/AFP via Getty Images

Thirty-two new deaths and 72 new cases have been confirmed in the central African country, Congo's Ministry of Communications said in a statement.

The cumulative number of cases is up to 782, and the cumulative number of deaths is 181.

The case fatality rate, or the percentage of sick people who have died, is 23.1 percent.

The outbreak, which was first detected in May but believed to have started earlier, has also spread to two additional health zones in Congo, officials said. One of the new zones is in Ituri province, where most of the cases are; the second is in North Kivu province.

The three provinces with reported cases are all in eastern Congo.

Health officials have been working to identify suspected cases and encourage people with symptoms to travel to health facilities.

"Vigilance remains essential. Anyone presenting with fever, vomiting, diarrhea, or any other suspicious symptoms must go immediately to the nearest health facility for prompt care," the ministry stated. "Adherence to preventive measures - particularly regular handwashing, acceptance of contact tracing, and avoidance of any contact with sick or deceased individuals from suspected causes - remains crucial to curb the spread of the epidemic."

The largest Ebola outbreak in history was in West Africa and ran from 2014 through 2016. There were 28,610 reported cases, and 11,308 reported deaths.

The U.S. Centers for Disease Control and Prevention said in a June 11 paper that, if crucial public health measures are not implemented, the new outbreak could become as large as the 2014 outbreak.

"Although the worst outcomes (higher numbers of cases and associated deaths) in these projections were less likely when a larger proportion of patients were identified, isolated, and treated, this outbreak could, within 3 months and under low-isolation scenarios, become the second largest Ebola outbreak in history," the CDC said.

Ebola is a disease caused by orthoebolaviruses. The current outbreak is caused by the rarely seen Bundibugyo virus.

Transmission primarily happens through direct contact with bodily fluids from infected individuals.

While Ebola can in many cases be deadly, 56 people have recovered in the outbreak in Congo, according to the latest figures.

Another 359 patients are in isolation or being treated in a hospital.

Uganda, which shares a border with Congo, has reported 19 Ebola cases and two deaths. Ugandan officials said Monday that there have been no cases for 10 days.

"Ebola is under control in Uganda," Uganda's Ministry of Health said in a Jun 13 post on X. Ugandan officials said people should visit the country.

Sanitation workers from Bunia city government spray disinfectant in the central market area near a rubbish truck in Ituri province, as they continue efforts to combat the Ebola outbreak in Bunia, Congo, on May 23, 2026. Moses Sawasawa/AP Photo Tyler Durden Tue, 06/16/2026 - 03:30

Norwegian Royal Family Rocked: Crown Princess's Son Convicted of Rape, Sentenced To Four Years

Norwegian Royal Family Rocked: Crown Princess's Son Convicted of Rape, Sentenced To Four Years

In a verdict that has rocked Norway's monarchy, Marius Borg Høiby, the 29-year-old son of Crown Princess Mette-Marit, was found guilty of two counts of rape and sentenced to four years in prison.

Marius Borg Høiby, son of Norwegian Crown Princess Mette-Marit, pictured in Oslo, Norway on June 16, 2022. Hakon Mosvold Larsen/NTB/AFP/Getty Images

The Oslo District Court convicted him on 34 of 40 charges, spanning rape, assault, abuse in close relationships, drug offenses, and restraining order violations. He was acquitted on the other two rape counts. Prosecutors had demanded over seven years; the defense sought 18 months. He must also pay victims around $61,000 in compensation.

Key Facts from the Verdict
  • Guilty on two counts of rape
  • Sentenced to four years in prison
  • Acquitted on two other rape charges
  • Convicted on 34 out of 40 total charges
  • Ordered to pay approximately $61,000 to victims
  • Defense plans to appeal rape and domestic violence convictions

The seven-week trial detailed Høiby's struggles with drug addiction and a lifestyle of excess. Evidence included self-made videos of sexual encounters and more than 800 electronic messages. In court, he described an "extreme need for recognition" from his unique position in the royal family.

"I’m mostly known as my mother’s son, not anything else. So I’ve had an extreme need for recognition my whole life," he told the court. "And that manifested itself in a lot of sex, a lot of drugs, and a lot of alcohol."

The incidents took place between 2018 and 2024 after nights of partying. Prosecutors argued that what began as consensual sex became non-consensual when the women were asleep or incapacitated. Høiby insisted he was "not in the habit of having sex with women who are asleep."

His lawyers have said he will appeal and have pushed for his release so he can support his ailing mother.

Princess Mette-Marit's Health and Royal Family Pressure

Crown Princess Mette-Marit, 52, is battling pulmonary fibrosis and is on a lung-transplant waiting list. Doctors have indicated she may have only about a year left without a successful transplant.

Marius Borg Høiby with his mother Crown Princess Mette-Marit, pictured in 2022 Credit: PDKOB/The Mega Agency

The scandal comes amid other challenges for the royals, including criticism over the princess's past contact with Jeffrey Epstein after his 2008 conviction. Polls showed support for the monarchy falling to a record low of 60% during the trial, with a slight recovery later.

The Royal House has stated it has no comment on the court outcome.

This case underscores the contrast between the public image of the Norwegian royal family and the private difficulties faced by its members.

Tyler Durden Tue, 06/16/2026 - 02:45

Remigration & The Save Europe Act

Remigration & The Save Europe Act

Authored by 'eugyppius' via American Greatmess,

In 2024, the Austrian Identitarian activist Martin Sellner began serious efforts to push his concept of remigration into the political mainstream, and since then the German state and its civil society collaborators have extended him every assistance.

Gregory Bovino, ex-Customs and Border Patrol Chief, appears with (from left) Eva Vlaardingerbroek, Martin Sellner, and Alfonso Gonçalves at the second Remigration Summit in Portugal last week.

Domestic intelligence agents and activist journalists at Correctiv collaborated to convict Sellner and Alternative für Deutschland of planning the mass deportation of naturalized Germans in a late 2023 meeting in Potsdam. They called this small private meeting a “Secret Plan against Germany” and drew not-so-subtle comparisons to the notorious Wannsee Conference. Ensuing anti-AfD protests lasted months, even as litigation succeeded in deconstructing much of the slander Correctiv had propagated. The hysteria cost AfD some support ahead of the European elections, but it also succeeded in making “remigration” a household word throughout the Federal Republic—something that Sellner and his Identitarians could never have achieved on their own. Unbelievably, the Correctiv reporting was turned into a theater piece, and the actual Wannsee Villa where Nazi government officials and SS leaders met to plan the Final Solution in 1942 received a sign advising visitors of Sellner’s Potsdam meeting and “the . . . obvious . . . link between today’s ethno-nationalist fantasies of deportation and the historic Wannsee Conference.”

For their next act, authorities toyed with legally doubtful schemes to ban Sellner from Germany, while police devised pretenses to disrupt the speaking events Sellner had scheduled in the Federal Republic to present his book on Remigration. All this meant more press and more eyeballs for Sellner’s cause. When Sellner co-organized the inaugural “Remigration Summit” last spring in Italy, authorities tried to prevent the attendance of several German Identitarian activists by temporarily banning them from leaving the country, and they did the same again when the second “Remigration Summit” convened in Portugal last week. In each case, their restrictions ensured that small conferences held in other countries and attended by no more than a few hundred people could remain the subject of reporting and controversy here at home.

I don’t know to what degree the German approach to Sellner’s remigration program reflects a calculated strategy, and to what degree it’s just all the pinched head girls in the state bureaucratic apparatus having a collective aneurysm over the latest politically naughty thing to come across their desks. Either way, the unique German system of “defensive democracy” requires an enemy against which to array its defenses, and in the decades since the Berlin Wall fell this enemy has become “the extreme Right”—concentrated like the old Communist foe in the eastern states of the former DDR, embodied by Alternative für Deutschland rather than the SED, and constructed as an equal if not greater threat to Our Democracy. Because, unlike the Communists, this enemy does not really exist, it requires regime propagandists to engage in heavy revisionism—for example, by casting as an NSDAP successor a populist-Right party with politics broadly equivalent to the 1980s-era CDU, and by building up and deploring particular villains like Sellner.

Now, political dissidents and activists of all stripes have a curious relationship with establishment discourse. The one is like oil and the other is like water; they cannot occupy the same space. In the past years, the myth that Diversity Is Our Strength and that mass migration might fix our pension plans, alleviate our cultural ennui, and improve our culinary offerings has collapsed. Anti-migrationism has gone mainstream in many circles, driving right-populists to seize upon remigration as the new cause. I would imagine that a similar process unfolded from the establishment perspective; as major politicians and journalists decided the time had come to put the brakes on the steady stream of younger males streaming into our country from the Global South, they needed to draw a new line in the sand to differentiate themselves from the populist rabble-rousers.

Thus, with the help of literally everybody from Chancellor Olaf Scholz’s benighted traffic light government to the Federal Office for the Protection of the Constitution to Alternative für Deutschland to Martin Sellner and his Identitarians, remigration became the new anti-migration. Which is fine, as far as it goes; people should support the causes they want, and nobody would dispute that, particularly in the last ten years, a great many people have forced their way into Europe, where they have proceeded to abuse our social welfare systems, violate the law at disproportionate rates, and substantially degrade the quality of life. If I could push a button and make these people leave, I would.

Unfortunately, this problem does not come packaged with any easy solutions, and I am less and less certain (1) how remigration is supposed to work and (2) whether the newly ascendant and highly dogmatic remigrationists on the Right have any path toward realizing their vision. While remigrationists preach the manifold benefits of putting migrants on airplanes back to the Global South, the migrants’ native countries in many cases refuse to accept them, mass migration continues, if at a somewhat slower pace, the AfD remains firewalled out of German politics, our elaborate NGO machinery continues to push migrationist humanitarianism, a broad elite consensus resists even efforts to deport many of those who are here illegally, and primary EU law confounds remigrationist proposals at numerous points. Remigration would prove a tall order if 85 percent of Germans reversed their stance on the idea tomorrow. Sellner’s full, heavily technocratic vision, meanwhile, would require broad institutional buy-in and support from all major parties, including large parts of the Left, over a period of decades. We are talking about a new social consensus to compel or encourage the mass resettlement of entire populations, as deep and broad as the consensus that until recently existed behind climatism. That probably can’t happen without serious generational turnover or some kind of serious political upheaval.

I do not write this as a condemnatory political ninny or an incurable contrarian. I consider Sellner a friend, and I am even his translator. Yet personal considerations like these aren’t enough to blunt my skepticism.

The most recent initiative in remigration land is something called the Save Europe Act, rolled out by Sellner and Dutch political activist Eva Vlaardingerbroek at the Remigration Summit 2026 in Portugal. Basically, there’s an EU procedural mechanism known as the European Citizens’ Initiative (ECI), whereby ordinary people can bring a legal proposal for consideration directly before the European Commission. To do this, they need only gather a million signatures in support and meet a few other requirements. Among other things, the Save Europe Act demands “legislative and policy measures” to impose a “moratorium” on non-European migration, to deport “illegally staying migrants, rejected asylum seekers,” and criminals, to “establish a harmonized EU-wide framework for broader remigration” and to “remove social welfare incentives and benefits that function as pull factors for migration.”

All of that sounds great, as does the fact that Sellner and Vlaardingerbroek claim to have gathered well over 200,000 “signatures” so far. Unfortunately, reality tends generally to be less great. To begin with, Sellner and Vlaardingerbroek have yet to register the Save Europe Act with the European Commission at all. The signatures they are collecting—really, just email addresses—are part of an internet publicity campaign and have no wider significance. According to me, chances that the Commission agrees to register the Save Europe Act as a formal ECI are quite low, for the Commission may reject any proposal that “is . . . manifestly contrary to the values of the Union.” If Sellner and Vlaardingerbroek do manage to squeeze their initiative through registration and the Save Europe Act becomes more than a buggy website, then they’ll still need to collect a million signatures—not from random internet people, but from verified citizens of EU member states. And if they meet that hurdle, they’ll compel a response from the Commission and a hearing in the European Parliament. Even in this best-case scenario, there is no chance that the Save Europe Act becomes law, inspires any laws, or changes anything at the EU level at all.

Defenders of the Save Europe Act who have bothered to read the fine print accept that they are not on the path to making Remigration official EU policy. They argue instead that publicity surrounding the Save Europe Act will “move the Overton Window” and normalize remigration as a concept. These arguments neglect the fact that remigration has already been normalized; as I wrote above, since 2024, it has become almost a household word in Germany, if one denoting a very bad and fascistic concept approximately on par with outright genocidal fascism. Otherwise, I have learned to be wary of intangible, immeasurable ends in the world of political activism. Western politics abounds with activists who are changing perceptions, challenging conventions, deconstructing myths, complicating assumptions, correcting prejudices, deepening understandings, and now moving Overton Windows, and the only thing these projects and their goals have in common is that nobody can work out what any of them mean in concrete terms.

Mass migration has been an absolute curse. People want the migrants to stop coming, and they want the ones who are already here to go back home. They feel impotent to change the situation, and it’s natural that they should support social media campaigns promising at the very least to give them a voice. That’s fine, and most of this is probably harmless, but the truth is that we’re not going to petition the migrants away. I’ve read so many appeals to the Overton Window at this point that the concept has become quite threadbare for me, but if anything has shifted mass media discourse these past years, it is not activist campaigns but the manifold and quite serious problems caused by mass migration itself. As in so many other areas—from COVID to climatism—retarded elite policies are failing and unwinding themselves, but we’re not yet winning.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge.

Tyler Durden Tue, 06/16/2026 - 02:00

Who Won The Third Gulf War?

Who Won The Third Gulf War?

Authored by Andrew Korybko,

Iran is poised to gradually return to the US-led Western order within certain limits exactly as Iran’s moderate faction has long wanted, its hardline faction has successfully preserved the armed forces and their missile stockpile, while Israel achieved none of its goals in its most epic defeat ever.

Iran and the US plan to sign a Zarif-inspired memorandum of understanding (MoU) on ending the Third Gulf War this Friday in Switzerland. The exact details aren’t yet known, and Fortune reported that there were at least three competing texts, but all of them “include similar elements around reopening the vital Strait of Hormuz waterway, giving Iran sanctions relief and opening the door to longer-term negotiations around its nuclear program.” That’s already enough to arrive at several very important conclusions.

For starters, reopening the strait without Iran’s wartime petroyuan toll booth in place would represent a significant concession by the Islamic Republic, whose media surrogates celebrated this model as an historic multipolar milestone. The same goes for resuming negotiations on its politically sensitive nuclear program. The sanctions relief in exchange might arguably be worth it, however, judging by this estimate here of the profound economic-financial damage caused by the US’ (imperfect) blockade.

On that topic, it was explained here in late March that “The US will have lost the Third Gulf War if China can still rely on Iran as a reliable low-cost energy supplier while turning the yuan into a global reserve currency that challenges the petrodollar”, so preventing both is imperative from the US’ perspective.

With the petroyuan reportedly out of the picture, that leaves Iran’s oil export dependence on China, but sanctions relief could help gradually redirect its sales (such as to India) without disrupting the market.

Likewise, if reports about a $300 billion reconstruction fund for Iran are true (even if the final sum is much lower but still tens of billions of dollars), then US and Gulf investments in Iran’s energy industry could lead to them controlling its exports.

It was assessed in January that “The US Wants To Replicate The Venezuelan Model In Iran”, which would be on the path to implementation in that scenario.

The resultant interdependence could advance collective security and facilitate the US’ regional withdrawal.

Iran’s moderate (“reformist”) and hardline (“principalist”) factions would therefore achieve some of their goals, the first with respect to sanctions relief and the second with regards to preserving the country’s (arguably battered) armed forces as well as their missile stockpile, not to mention their political system.

Nevertheless, the factional balance would have shifted in the moderate’s favor since the US wouldn’t sign a MoU if the moderates couldn’t control “rogue” hardliners, who could potentially rekindle the war.

It can therefore be concluded that the moderates beat the hardliners in Iran’s deep state power struggle, but this was due to the US and Israel killing dozens of top hardline figures, after which their respective institutions (especially the IRGC) were weakened and ultimately tamed by the moderates.

To be sure, “rogue” hardliners – regardless of their relationship to the IRGC – could still sabotage the MoU, but Trump 2.0 feels comfortable enough that they won’t otherwise it wouldn’t go through with the signing.

A new regional era is emerging whereby the Third Gulf War might very well lead to Iran’s gradual reincorporation into the US-led Western order, albeit within limits, which lays the groundwork for better ties with its Gulf neighbors.

In that scenario, Israel would stand to lose since it could no longer divide-and-rule Iran and the Gulf, nor would the US have its back if Israel resumes hostilities with Iran due to the recent revival of the possibly irreconcilable Trump-Bibi rift. Israel is therefore the war’s biggest loser.

Tyler Durden Mon, 06/15/2026 - 23:25

Gun Safety: Violent Crime Drops As More Americans Pack Heat

Gun Safety: Violent Crime Drops As More Americans Pack Heat

Authored by John R. Lott jr via RealClearInvestigations,

Alessandra Coote was walking on a trail with her 2-year-old daughter and dog two-and-a-half years ago when a man began yelling at her and threatened to kill her dog. When the petite single mom made it back to her Utah home, she decided she needed a firearm for protection.

A few months later, while living in what she described as a “shady part of town,” a homeless man threatened her. After that encounter, she began regularly carrying a firearm under Utah’s Constitutional Carry law.

Coote, who just graduated this spring from the University of Utah, says carrying the gun has given her the confidence to feel safe in public. “It’s been life-changing,” she told RealClearInvestigations (RCI). Although she has never had to draw or fire the weapon, she has faced a threatening individual when she was armed, but stopped the attack by merely letting the man know she was carrying.

Coote is part of a growing trend of strapped Americans. A new survey of 1,000 general election voters conducted last month by McLaughlin & Associates found that almost 30 percent of respondents said they carry a firearm. More specifically, the survey found that 13.2 percent respondents said they carry a firearm all or most of the time, while an additional 16.6 percent said they carry one sometimes or rarely. These results show a 5.5 percent increase in the number of respondents who said they carry firearms since a similar poll was conducted in December 2024.

Both polls were commissioned by the group I lead, the Crime Prevention Research Center, and have a margin of error of +/- 3.1 percent.

Since 2021, 13 states, covering 34 percent of the U.S. population, have adopted constitutional carry laws. As a result, 29 states do not require law-abiding citizens to obtain a permit to carry a concealed handgun. A little less than two-thirds of those who are carrying a concealed handgun in these states have a permit.

The survey is the latest evidence challenging claims linking firearms and violent crime. As data show both the number of firearms and the percentage of people carrying them is increasing, preliminary estimates show the U.S. murder rate is likely to hit a record low in 2025—at least 10 percent below the previous record low.

“It doesn’t surprise me that while the country is experiencing record-low murder and violent crime rates, we are also experiencing a record high number of people legally carrying concealed handguns for self-protection,” Alan Gottlieb, the executive vice president and founder of the Second Amendment Foundation, told RCI.

Bradford County, Fla., Sheriff Gordon Smith said lowering crime rates “isn’t rocket science.” He told RCI, “You reduce crime by putting more cops on the street, increasing arrest and conviction rates, and imposing meaningful prison sentences. But you also cut crime by empowering law-abiding citizens to defend themselves and their families through constitutional carry.”

Gun control groups—Everytown, Brady United, and Giffords Law Center—declined repeated requests to respond to the survey data and crime statistics.

Blacks, Hispanics & Women

The CPRC survey also found that politically engaged citizens are more likely to carry firearms. Respondents who identified as general election voters were twice as likely to have concealed handgun permits as other adults.

Blacks and Hispanics also carry at disproportionately high rates. Black people make up 11.0 percent of likely voters but account for 15.9 percent of those who carry all or most of the time. Hispanics are even higher, accounting for 18.8 percent of frequent carriers despite comprising only 11.0 percent of likely voters. By contrast, whites and Asians carry at rates below their shares of likely voters. Whites constitute 72 percent of likely voters but only 62.6 percent of those who carry all or most of the time, while Asians account for 4.0 percent of likely voters but just 2.0 percent of frequent carriers.

Audrey Bodiford, a 5’2” black woman living in Lansing, Michigan, told RCI she owes her life to her handgun and having a concealed handgun permit. On Valentine’s Day in 2022, she said, the over 6-foot-tall man she had been dating “kind of went crazy,” threatened to kill her, and pulled a knife on her. Fearing for her life, she shot him in self-defense.

Because she lives in what she describes as a “not good” neighborhood, this was not the only time she relied on her firearm for protection. In another incident, she said she accidentally let a door slip from her hand while trying to hold it open for a man leaving a store. The man became verbally abusive, followed her, and aggressively closed in on her. She turned slightly so he could see that she was armed. He immediately backed off, ending the confrontation. Asked if carrying has given her more confidence: “I feel more safe, definitely,” she said.

The survey found relatively small differences between men and women. While women make up 52 percent of general election voters, they comprise 45.1 percent of Americans carrying concealed weapons; men are 48 percent of the electorate and 54.9 percent of those who carry all or most of the time. The breakdown for Constitutional Carry states is relatively higher for women, with 47.5 percent of those carrying all/most of the time being women and 52.5 percent men. Constitutional Carry may benefit women who suddenly face threats from a stalker or former partner and often do not feel they can wait the months it takes for officials to approve a permit application.

Research shows that two groups benefit the most from carrying firearms: physically weaker individuals, such as women and the elderly, and those most likely to become crime victims, such as poor blacks living in high-crime urban areas. These groups have also experienced the largest percentage increases in concealed handgun permits over the last decade (2015–2024). During that period, permits for women increased 112 percent faster than permits for men, while permits for blacks increased 284 percent faster than permits for whites.

“A firearm dramatically increases a woman’s ability to defend herself,” Professor Carl Moody, a crime researcher at the College of William & Mary, told RCI. “Without a firearm, a woman is almost always at a significant disadvantage if attacked by a man. With a firearm, she can avoid an unfair fight with an opponent who usually has a size and strength advantage. Almost always, it is only necessary to announce or display the weapon to dissuade the attacker.”

More Guns, Fewer Violent Crimes

After the Supreme Court struck down a New York state law in 2022 which had sharply limited the number of people who could carry concealed weapons, six states, including California, Hawaii, Maryland, Massachusetts, New Jersey, and New York, were forced to make it easier to get a concealed handgun permit by eliminating arbitrary discretion and establishing objective rules on training and other qualifications. “This dangerous decision will make America a less safe country,” Democratic New Jersey Governor Phil Murphy warned. Those states did, indeed, see an enormous increase in the number of permits issued. In New Jersey, the number of concealed carry permit holders increased from 1,212 in 2022 to 57,245 in 2025. In Hawaii, the total has now gone from zero to 4,000.

Violent crime, however, has fallen in all six states. The murder rate in New Jersey fell from 3.9 per 100,000 people in 2022 to 2.4 in 2024, and the preliminary numbers show it falling to as low as two per 100,000 in 2025. A press release from New Jersey’s attorney general announced a “Historic Low in Gun Violence for 2025.” Some attribute the drop to the increase in permits. “Today, more than 58,000 law-abiding New Jerseyans can exercise their right to carry a firearm. And while some warned this would turn our streets into the Wild West, the reality has been far different,” Republican New Jersey Assemblyman Greg Myhre claimed.

An easier thing to measure is that permit holders are exceptionally law-abiding. States revoke their licenses for firearm-related violations at rates measured in thousandths or even tens of thousandths of a percentage point. Police officers rarely commit crimes, yet concealed handgun permit holders prove even more law-abiding than cops. Permit holders are convicted for firearms offenses at just one-twelfth the rate at which police are convicted of comparable firearm-related crimes.

“The data clearly show that concealed carry permit holders are among the safest and most responsible users of firearms,” David Mustard, a distinguished professor at the University of Georgia who researches extensively on crime, told RCI. Bradford County Sheriff Gordon Smith confirmed that this is his experience with Constitutional Carry: “The data is clear: The vast majority of concealed carriers are among our most responsible residents, not the problem.”

Despite the fears raised by gun-control advocates, over 91 percent of street police officers support concealed handgun laws. Law enforcement professionals understand that self-defense is a key element of public safety, in part because they know they usually arrive only after criminals commit crimes. An overwhelming body of academic research finds that allowing law-abiding citizens to carry concealed handguns reduces crime.

This is especially true for women, who often struggle to defend themselves against much larger and stronger men, who also tend to run faster. While both men and women benefit from carrying a concealed handgun, research shows that each additional woman who carries a concealed handgun reduces the murder rate for women by roughly three to four times more than an additional man carrying a concealed handgun reduces the murder rate for men.

“Too often, women who are being stalked or threatened are told to limit their movements, alter their routines, or rely on a piece of paper to stop someone determined to harm them,” Robyn Sandoval, the president of A Girl & A Gun, told RCI. “Women deserve better than living in fear. By learning to responsibly carry a firearm, they can gain the confidence and means to protect themselves and live their lives without fear.”

“Every day, more law-abiding citizens choose to legally carry firearms because they refuse to be victimized by criminals and thugs,” Brevard County, FL, Sheriff Wayne Ivey told RCI. “Responsible gun owners know that even the best police response times takes minutes, while violent criminals can take a life in seconds!”

Tyler Durden Mon, 06/15/2026 - 22:35

New Study Exposes How The Left Turned Mental Illness Into A Political Identity

New Study Exposes How The Left Turned Mental Illness Into A Political Identity

Something researchers have observed for decades is finally crystallizing into a measurable cultural phenomenon. Political conservatives consistently report higher levels of happiness, better mental health, and stronger psychological well-being than their liberal counterparts. A new study published in Political Behavior takes that finding several steps further, arguing that mental illness has begun functioning as its own political identity, and that identity clusters most tightly on the left.

Columbia University's magazine originally flagged the underlying trend back in 2023, reporting that "American adults who identify as politically liberal have long reported lower levels of happiness and psychological well-being than conservatives," Based on the data of four different studies, researchers from the Universities of Florida and Toronto, found an explanation: conservatives tend to exhibit greater personal agency, religiosity, moral clarity, self-worth, and a more optimistic general disposition.

The Political Behavior study was conducted by Prof. Lauren Van De Hey of Utah State University, and the implications of her findings were significant. "I further find that there is an emerging mental health political identity that is most pronounced among younger (Gen Z) and more liberal Americans," she said.

She also noted that "the political predictors and political consequences for the emerging mental health identity differ from those for physical disability and serious physical illness categorization and identification," suggesting that mental health, unlike physical illness, has acquired a distinctly ideological character in American life.

Approximately half of the study participants with mental illness reported that their identity as a person with a mental health condition is "very important or somewhat important" to them. Meanwhile, conservatives are less likely than liberals to categorize anxiety and depression as mental health conditions and seek clinical treatment at lower rates. Van De Hey speculates this may reflect a "personal responsibility ethos: they do not seek help when they think they can resolve the issues on their own." That framing, notably, does not treat the conservative approach as a pathology.

The study concludes that "these findings have far-reaching consequences for mental health advocacy, and the role mental health identity will play in the political sphere - especially as Gen Z matures as a cohort," with conservative and specifically Christian beliefs credited as having a stronger track record for producing happiness and well-being than leftist counterparts.

"It is becoming increasingly clear which ideas do what! Conservative, and specifically Christian, ideas have a much better track record than their leftist counterparts," writes Glenn T. Stanton of Daily Citizen. "This has deep personal and political implications."

The gender dimension of this divide deserves its own examination. Academic literature going back to the 1970s establishes that women generally report worse mental health than men. A separate body of research establishes that conservatives report greater happiness than liberals. Among young liberal women, both trends converge. Last year, the Institute for Family Studies report found that 37% of conservative women report being "completely satisfied" with life, compared to 28% of moderates and just 12% of liberal women. Young conservative women are more than three times as likely as liberal women to report feeling very happy, and IFS found that "liberal women are two to three times more likely to report they are 'not satisfied' with their lives, compared to conservative women."

The loneliness numbers were just as striking. Among women ages 18 to 40, 29% of liberals reported feeling lonely many times a week. Among conservative women, that figure dropped to 11%. The explanatory variables IFS identified were that young conservative women are far more likely to be married, far less likely to be cohabiting, and nearly five times more likely to attend weekly church services.

IFS concluded that closing the happiness gap "will seemingly require not only a change in thinking but also a renewal of young liberal women's connection to America's core institutions - family and faith." That's a direct challenge to a progressive framework that has spent years telling young women that traditional institutions are the source of their suffering rather than the solution.

Tyler Durden Mon, 06/15/2026 - 22:10

Federal Agents Dismantle Human Smuggling Stash House In Texas

Federal Agents Dismantle Human Smuggling Stash House In Texas

Authored by Troy Myers via The Epoch Times,

U.S. Border Patrol and Homeland Security Investigations (HSI) agents busted a stash house used for human smuggling in El Paso, Texas, Customs and Border Protection (CBP) exclusively told The Epoch Times on Monday.

U.S. Border Patrol agents monitor the southern border outside of San Diego, Calif. on May 27, 2026. John Fredricks/The Epoch Times

The joint investigation, which resulted in the arrests of 11 illegal immigrant adults and one unaccompanied child found in the house on May 27, highlights the need for strict enforcement efforts at the border to dissuade individuals from entering the country unlawfully through human smugglers, CBP officials said.

"This operation, in partnership with U.S. Border Patrol, reflects our mission to safeguard the homeland and uphold the integrity of our immigration system," HSI El Paso Special Agent in Charge Ryan McRae said. "We remain committed to ensuring the safety and security of El Paso and beyond."

Of the 12 illegal aliens arrested, 10 were from Mexico and two from Guatemala.

The 11 adults were processed and charged with violations of Title 8 of the U.S. Code, CBP said, which encompasses immigration offenses including unlawful entry, unlawful reentry, alien harboring or smuggling, and more.

The unaccompanied minor was "administratively processed," CBP told The Epoch Times.

Following apprehension, an unaccompanied child is transferred into the care and custody of the Office of Refugee Resettlement, which sits under Department of Health and Human Services.

Chief Patrol Agent Jessie Munoz for the El Paso Sector said his agents and agency partners at HSI are making progress in dismantling criminal smuggling organizations in the region.

The Epoch Times exclusively spoke with other top leadership at the U.S.-Mexico border who echoed the same message.

They described the border as more secure than at any other point in American history, yet some vulnerabilities remain that criminal organizations will attempt to exploit, Chief Patrol Agent Justin De La Torre of the San Diego Sector said.

"Our primary focus is to prevent people from illegally entering in the first place, and it is my strong belief that the only way we can do that is if people know if they choose to use the cartels to come to the United States, they will not be successful," De La Torre said.

Every individual who illegally crosses the border, the San Diego Sector chief said, equates to money going into the hands of the cartels, which charge roughly $10,000 per person to be smuggled into the country.

More often than not, an illegal immigrant doesn't have enough money up front to make this payment, De La Torre said. Instead, they have an agreement with the cartels that if they are successfully smuggled in, they will illegally work in the United States and send money back each paycheck.

"It could take them a year, it could take them six years, but they're paying the smuggling organization until that debt is paid off, and that's usually through fear [from the cartels saying] ... 'If you don't, we know where your family lives,'" De La Torre said.

CBP officials told The Epoch Times that they hear countless stories of illegal immigrants alleging they were sexually assaulted, robbed, or beaten by their smugglers.

"If they can't get a group through, they will kidnap people, call their family members for ransom, just to gain some type of profit," De La Torre said about the smuggling organizations.

Tyler Durden Mon, 06/15/2026 - 21:45

New Radar System Can Detect High-Speed Drones Nearby Ports, Vessels In Extreme Environment

New Radar System Can Detect High-Speed Drones Nearby Ports, Vessels In Extreme Environment

Authored by Prabhat Ranjan Mishra via Interesting Engineering,

A new type of radar to detect drones nearby ports, vessels, harbours, and critical maritime infrastructure has been introduced. Developed by Robin Radar Systems, IRIS OTM at Sea is designed for seamless land-to-sea deployments.

The system can operate effectively in extreme environments thanks to its salt- and corrosion-resistant engineering.ROBIN

The new system is a major expansion of its IRIS On-The-Move (OTM) capability.

The comprehensive update is aimed at strengthening counter-UAS protection for shipping lanes, naval operations, and coastal assets.

Offshore Assets Are Exposed To Low-Cost Aerial Threats

"What we are seeing globally is that the drone threat is no longer confined to the battlefield or to land-based infrastructure. Shipping lanes, ports, harbours and offshore assets are now all exposed to low-cost aerial threats that can disrupt trade, damage infrastructure and threaten civilian safety," said Siete Hamminga, CEO, Robin Radar Systems.

"The Strait of Hormuz has once again demonstrated how vulnerable critical maritime corridors can become during periods of instability. IRIS OTM at Sea is being designed to answer that challenge with a rapidly deployable, software-defined capability that can move seamlessly between land and sea."

IRIS OTM At Sea Will Detect, Track, And Classify Drones

Originally developed to operate from moving land vehicles traveling at speeds exceeding 62 mph (100km/h), IRIS On-The-Move will now be adapted for maritime environments through advanced software enhancements that compensate for sea clutter, vessel movement, and challenging coastal conditions, according to a press release.

Designed to be mounted on vessels, IRIS OTM at Sea will detect, track, and classify drones while travelling at speeds of up to 54 knots, operating effectively in extreme environments thanks to its salt- and corrosion-resistant engineering, resonance tolerance, and EMC-compliant architecture.

Unlike traditional static radars, IRIS is designed to move with the threat itself, providing persistent situational awareness across highly dynamic environments, as per the release.

The company revealed that the radar's software architecture will be updated to filter out heavy sea reflections and environmental clutter to isolate small airborne threats operating close to the waterline, an increasingly important capability as drone incursions continue to evolve across maritime theatres.

Robin Radar Systems highlighted that the maritime update has been shaped directly by operational lessons from ongoing live-fire environments, where the need for flexible, mobile counter-UAS systems capable of protecting dynamic environments has accelerated dramatically. The company's engineering teams reportedly adapted the system specifically to address the increasing use of fixed-wing drones and low-altitude aerial threats around strategic shipping corridors and maritime infrastructure.

"Modern security demands speed and flexibility. Operators need systems that can deploy quickly, integrate easily, and adapt as threats evolve," said Vivien Croes, Chief Technical Officer, Robin Radar Systems.

"What makes this update important is that we are taking a combat-proven radar and extending its capabilities into one of the most operationally complex environments in the world. The future of counter-UAS is not static infrastructure, it is agile, mobile sensing systems capable of protecting people, critical infrastructure and global commerce wherever threats emerge."

Tyler Durden Mon, 06/15/2026 - 20:55

Which US States Have The Highest GDP Per Capita?

Which US States Have The Highest GDP Per Capita?

Where you live in the U.S. can make a huge difference in economic output per person.

GDP per capita varies widely across states, from under $60,000 in Mississippi to nearly $280,000 in Washington, D.C.

This chart, produced by Visual Capitalist's Jenna Ross, in partnership with Terzo, breaks down GDP per capita in 2025. 

GDP per Capita by State

Washington, D.C. has the highest GDP per capita. The capital’s economy is concentrated in high-value professional services like consulting, IT, and legal, as well as government spending. 

Its large commuter workforce from outside states also boosts the figure, as many workers contribute to economic output without being counted in the local population.

State 2025 GDP per Capita Washington, D.C. $278k New York $123k Massachusetts $115k Washington $112k Delaware $111k California $108k North Dakota $102k Connecticut $102k Alaska $102k Nebraska $98k Colorado $97k Illinois $95k New Jersey $93k Texas $92k Minnesota $91k Maryland $91k Virginia $90k Wyoming $89k Utah $89k New Hampshire $89k Hawaii $87k South Dakota $86k Nevada $86k Iowa $86k Georgia $82k Ohio $81k Kansas $81k Pennsylvania $81k Tennessee $81k Oregon $80k North Carolina $80k Wisconsin $79k Arizona $78k Florida $78k Indiana $78k Rhode Island $75k Vermont $75k Missouri $75k Louisiana $74k Maine $73k Michigan $72k Montana $72k New Mexico $72k South Carolina $68k Idaho $67k Kentucky $67k Oklahoma $67k Alabama $66k Arkansas $64k West Virginia $62k Mississippi $56k

Source: U.S. Bureau of Economic AnalysisU.S. Census Bureau. Figures rounded.

New York takes the second spot as a global financial hub with strong output in other high-value industries, including real estate and professional services. 

Massachusetts and Washington also top the ranks. While Massachusetts drives value through professional services like biotechnology, Washington is home to big tech companies like Amazon and Microsoft.

Resource Economies

Outside of more service-based economies, both North Dakota and Alaska pump out over $100,000 in GDP per capita. 

Both states are driven by natural resources and mining, ranking as the third (North Dakota) and fifth-highest (Alaska) producers of crude oil in America. These states also have some of the lowest populations in the country, driving up output per person.

More recently in 2026, both states have seen monetary benefits from oil transport disruptions and rising prices. North Dakota typically sells crude oil at a discount to benchmark pricing, but has been earning $7 more per barrel above the benchmark. In Alaska, the state recently increased its projected revenue by $0.5 billion as a result of higher oil prices.

Maximizing Value

As economies push to create more value per person, businesses are also focused on getting more from what they have.

Tyler Durden Mon, 06/15/2026 - 20:30

India's Solar Demand Set For 22% Annual Growth Through 2035

India's Solar Demand Set For 22% Annual Growth Through 2035

Submitted by Tsvetana Paraskova of OilPrice.com

India’s solar capacity is set to surge by 22% each year by 2035 as the data center boom will drive increased power consumption, a new report by Nuvama showed on Monday.   

The consultancy estimates that India’s total power demand will rise by 6% every year over the next decade, “driven by economic growth, rising urbanisation, manufacturing expansion and increasing electrification across sectors,” according to the report cited by Indian news outlet ANI.

Solar growth will vastly outpace overall power demand as power-intensive data centers will drive 22% compound annual growth rate (CAGR) in solar energy capacity from 2026 to 2035, the report found.

Our base case suggests green hydrogen and data centre capacity shall add another 251GW solar capacity, while it is 406GW capacity in the bull case scenario,” Nuvama analysts said in the report.

“Given solar capacity expansion in our base case, the share of solar shall rise from 28% in FY26 to 61% by FY35 and to 65% in the bull case,” they added.

India expects to nearly quadruple its solar power capacity and triple wind power-generating assets within ten years, according to the new Generation Adequacy Plan published by the country’s Central Electricity Authority earlier this year.

India projects to have a total of 509 gigawatts (GW) of solar power capacity installed by the end of the 2035-2036 fiscal year, up from 140 GW installed solar PV capacity as of January 2026.   

“The installed generation capacity projection in 2035-36 shows that the country is moving toward a strong transition to non-fossil energy. Renewable sources, especially solar PV, hydro, and wind, will dominate future capacity, supported by Energy Storage Systems,” according to the policy.

In 2025, India boasted that it was five years ahead of schedule when it achieved its target of having 50% of its installed electricity capacity coming from non-fossil fuel sources.

However, India's electricity grid is expanding at a slower pace than the boom in renewable energy installations, leading to an increased share of clean energy curtailments and threatening to slow the solar and wind boom in the world’s most populous country.   

Tyler Durden Mon, 06/15/2026 - 20:05

How The World Added Decades To Life Expectancy

How The World Added Decades To Life Expectancy

The average person today can expect to live far longer than someone born in 1960, regardless of where they live.

This chart, via Visual Capitalist's Bruno Venditti, tracks life expectancy at birth across four World Bank income groups. While high-income countries still have the longest lifespans, the biggest gains have come elsewhere. Upper-middle income countries have added more than three decades to life expectancy, while low-income countries have made substantial progress as well.

The data for this visualization comes from World Bank via FRED. It tracks life expectancy at birth by income group from 1960 to the latest available data (2024).

High-Income Countries Still Lead

High-income countries still have the highest life expectancy, reaching 80.3 years in 2024.

That is up from 68.3 years in 1960, a gain of 12 years. These countries started from a much higher baseline, meaning their gains have been slower but still substantial.

Examples include the U.S., Germany, and Japan.

 

Upper-Middle Income Countries Saw the Fastest Gains

 

Upper-middle income countries posted the largest increase, rising from 41.9 years in 1960 to 76.3 years.

That is a gain of 34.4 years, the fastest improvement of any group in the dataset. This category includes countries such as China, Brazil, Mexico, and South Africa.

Much of this improvement coincided with rising incomes, better sanitation, expanded vaccination programs, lower child mortality, and broader access to healthcare. Together, these changes helped push life expectancy in many middle-income countries toward levels once seen only in the world’s wealthiest economies.

The Global Life Expectancy Gap Has Narrowed

In 1960, people in high-income countries lived about 27 years longer than those in low-income countries.

Today, the gap stands at roughly 16 years. While a significant difference remains, low-income countries have added more than 23 years to average life expectancy since 1960. In other words, much of the world’s longevity progress has come from countries that started furthest behind.

However, the remaining gap shows that income, healthcare access, and living conditions continue to shape longevity worldwide.

If you enjoyed today’s post, check out Ranked: Countries With the Most Ultra-Rich Residents in 2026 on Voronoi.

 

Tyler Durden Mon, 06/15/2026 - 19:40

Domesticating AI - It's Not Coming, It's Already Here

Domesticating AI - It's Not Coming, It's Already Here

Authored by Howard Armitage via New Atlas,

When my neighbor wanted a vision of what his fence could look like, I didn't hesitate to ask ChatGPT to create a mock-up. I took a photo of the fence and asked it to overlay a potted Jasmin espaliered to it, after a couple of tweaks, and all of about one minute later, it gave me this:

AI-generated mock-up created from the author’s original fence photograph
Howard Armitage

During a recent conversation with a diving buddy, he pulled out his phone mid conversation and said "Hey Grok, show me that dive computer we were talking about this morning." And yes, it's $580 worth of gorgeous.

Its translation abilities are spectacular, and occasionally hilarious. It really is the Babel fish. Not that long ago I moved to a bank simply because it supported Apple Pay years before the big players. At that time, paying with just the tap of a wrist always garnered astonishment and commentary. Around the same time, voice assistants started crossing the line from novelty to genuinely useful. Set a timer, make an appointment, play some music. Super!

"Alexa, turn the kitchen light on." Light comes on. "No, turn it off." "There is no device called 'it' to turn off." Oof!

No memory, no context.

Enter Nabu (yes I know, I haven't got round to changing the wakeword name yet). Naby knows it turned the kitchen light on, and knows I was referring to the kitchen light when I said "turn it off." It remembers, it has context, because it's not just a dumb voice assistant anymore, it is plumbed into my local AI.

The big commercial AI platforms can be connected to these systems, but running it locally means the data stays within the boundaries of my house. It won't process that mountain of documents or win that tricky legal case yet, but it can keep track of the state of my home and understand what I mean when I speak naturally.

That's a big deal - because now I don't have to write and memorize tiresome automations for rigid pre-programmed commands, I can converse with Nabu in human and it understands "all the lights" or "just the downstairs aircons."

Only five years ago, running an AI model at home was a ridiculous proposition - you'd need datacenter hardware and a tech-bro budget. Now, it's dramatically cheaper and easier - with consumer GPUs, mini PCs, Ollama and Hugging Face, technically curious people are quietly building surprisingly capable AI systems at home. The GPU that I can hold in my hands doesn't compete with a datacenter the size of several football fields - but for my homelab tinkerings, it's surprisingly capable, and is only becoming more so.

I should probably backtrack a little here - I'm enthusing about Home Assistant, which I've been running for about 12 years - originally on a Raspberry Pi, now in a VM on ProxmoxVE. Sensors and controllers are scattered all over the house, with a dashboard in a browser acting as mission control. Lights automated with timers and presence detectors. Sun elevation adjusts blinds, curtains react to sunrise and sunset, and moisture sensors trigger irrigation on demand. Solar and battery systems respond to dynamic electricity pricing, buying and selling power depending on what the grid is doing.

Home Assistant proclaimed 2023 to be the Year of the Voice and duly launched a prototype Voice Assistant. At launch, its capabilities were limited. Today, it is genuinely good at a variety of tasks, and it's all open source so you can build your own device from very inexpensive hardware, and the software is on GitHub.

Local models - Llama, Gemma, Mistral, Qwen - very much lag behind the giant commercial systems, but for experimentation, home automation, and general day-to-day interaction, they're becoming more and more usable. I personally care about data sovereignty (a huge topic in its own right), so running a local AI grants me a more privacy-conscious workflow, and it still works when the internet doesn't.

Quite how many months of commercial AI subscriptions I could have got for the price of my GPU is a question I'm deliberately avoiding, predominantly for marital reasons. I rather think of myself as a data nerd. All those sensors collecting all that data in a "If this, then that" environment makes for endless tinkering possibilities. And with an AI-powered Nabu gradually replacing Alexa, my office edges ever closer to Tony Stark's lair. We're no longer at "deploying Kubernetes clusters" level of difficulty, but it's still very much a tinkerer’s space rather than a mainstream consumer appliance. Even so, it feels like a taste of where we're heading.

The strange thing is how quickly this all stops feeling strange. Talking naturally to an AI that understands context, remembers previous conversations and controls my house may have garnered astonishment and commentary. Now, it's just another thing sitting quietly in my server rack.

Home Assistant acting as “mission control” for lighting, climate and automation around the author’s home Howard Armitage Tyler Durden Mon, 06/15/2026 - 19:15

Final Ivy Folds As Columbia University Abandons Test-Optional Admissions Policy

Final Ivy Folds As Columbia University Abandons Test-Optional Admissions Policy

More than three years after adopting test-optional admissions, Columbia University is reversing course and will once again require standardized test scores from prospective students.

Columbia announced on June 13 that, beginning in fall 2027, first-year and transfer applicants will have to submit either SAT or ACT scores to be considered for admission. The university will remain test-optional for the upcoming 2026–27 admissions cycle.

University officials said the decision follows a “multiyear faculty review” that found “test scores, among other factors, were a useful indicator of potential student success.”

“Standardized testing is one of many elements that can demonstrate a foundation of academic excellence; others include your performance in your secondary school coursework and the rigor of your curriculum,” the university stated on a webpage outlining its new policy.

As Bill Pan reports for The Epoch Times, Columbia was among the first elite universities to suspend testing requirements during the COVID-19 pandemic, when widespread school closures and testing disruptions limited students’ access to the SAT and ACT. In 2023, the university extended its test-optional policy indefinitely, becoming the first Ivy League institution to make the change permanent.

It was also the last of the eight Ivy League schools to maintain a test-optional admissions policy.

Princeton University reinstated standardized testing requirements in October 2025, leaving Columbia as the sole Ivy League holdout.

The debate over standardized testing has intensified in recent years as some of the nation’s most selective institutions have restored testing requirements. Like Columbia and Princeton, many of those schools have cited internal data showing that test scores are a strong predictor of academic performance and graduation outcomes.

When Princeton announced its decision, university officials said data collected during five years of test-optional admissions showed that “academic performance at Princeton was stronger for students who chose to submit test scores than for students who did not.”

Massachusetts Institute of Technology, which reinstated its testing requirement in 2022, also said that considering SAT and ACT scores—particularly math scores—“significantly improves” its ability to predict whether applicants will succeed in the institute’s highly demanding mathematics and math-based science courses.

Critics of standardized testing, however, argue that emphasizing those scores may disadvantage students from low-income and historically underrepresented backgrounds who lack access to expensive tutoring, test-preparation courses, and other educational resources.

Columbia’s move also comes amid renewed interest in standardized testing from the Trump administration.

Administration officials have argued that test-optional admissions policies allow colleges to rely more heavily on subjective criteria, such as personal statements, potentially serving as illegal proxies for race in admissions decisions, a practice the U.S. Supreme Court has declared unconstitutional.

“The persistent lack of available data—paired with the rampant use of ‘diversity statements’ and other overt and hidden racial proxies—continues to raise concerns about whether race is actually used in admissions decisions in practice,” President Donald Trump wrote in an August 2025 memorandum to the secretary of education.

In a proposed compact offered to nine institutions in exchange for preferential access to certain federal funding opportunities, the Trump administration also demanded that they require standardized test scores as part of the admissions process.

The proposal further urged schools to publicly release anonymized admissions data, including applicants’ GPAs, standardized test scores, and other academic measures, broken down by race, national origin, and sex.

Despite the revival of testing requirements at some elite institutions, test-optional admissions remain widespread nationwide.

According to FairTest, an advocacy group opposing the use of standardized testing in college admissions, more than 90 percent of ranked four-year colleges and universities in the United States will not require applicants to submit SAT or ACT scores for fall 2026 admissions. The organization’s survey covered approximately 2,000 four-year institutions.

Tyler Durden Mon, 06/15/2026 - 18:50

Anthropic Accused In Lawsuit Of Lying About $200 Per Month '20x' Plan

Anthropic Accused In Lawsuit Of Lying About $200 Per Month '20x' Plan

A federal class-action lawsuit filed Monday accuses Anthropic of misleading customers about the real usage limits on its high-end Claude AI subscriptions. The suit, brought on behalf of Washington D.C. subscriber Karl Kahn and others who bought the Max 5x and Max 20x plans since April 2025, claims the company oversold how much computing power buyers would actually receive.

The lawsuit - filed Monday in the Northern District of California on behalf of Washington DC resident Karl Kahn and others who subscribed to the plans since April 2025 - targets Anthropic's Max 5x and Max 20x tiers priced at $100 and $200 per month respectively. It accuses the company of misleading customers by advertising these plans as providing five and twenty times the usage capacity of the standard Pro subscription, when in reality the actual limits fall well short of those claims. The allegations draw heavily from emails Anthropic sent to subscribers in July 2025 that outlined the expected weekly usage allowances for each tier at the time.

According to the complaint, Kahn upgraded to the Max 20x plan in April of this year after increasing his reliance on Claude for coding work. He soon discovered he was exhausting his weekly limits rapidly, including burning through 15 percent of his allowance during a single five-hour session. The suit seeks refunds for affected customers and a judicial finding that Anthropic's marketing of the high-tier plans was fraudulent.

Allegations

Kahn initially used Claude for personal tasks but later relied on it heavily for coding. After upgrading, he repeatedly hit usage walls and had to stop work, ration prompts, or buy extra credits to finish projects, according to the complaint. The lawsuit says the actual limits are difficult to predict and consistently lower than what was promised when the plans were marketed as giving five or twenty times the capacity of the standard Pro subscription.

"The actual usage provided by the Max 5x and Max 20x plans is far below the advertised amount of usage," reads the lawsuit, that claims Kahn "found himself needing either to halt his work, ration his usage, or purchase additional usage to ensure that he could complete his work." 

Anthropic has not commented on the suit, according to the Wall Street Journal. The company offers free access plus paid tiers, with the Pro plan running $17 to $20 a month. The higher Max plans were positioned for power users needing substantially more compute.

This lawsuit arrives amid mounting frustration with AI subscriptions and tokenomics. Power users and even large enterprises have complained for months about unpredictable rate limits, especially on coding workflows - with several documented cases of extreme overspending, including one unnamed Anthropic client (Amazon?) that racked up roughly $500 million in Claude charges in a single month after failing to cap employee usage.

Compute scarcity remains a core issue across the sector. A surge in demand earlier this year strained systems at Anthropic and rivals, producing outages and tighter limits even for paying customers. At the same time, companies are racing to launch new models ahead of expected IPOs while navigating new government restrictions. Days before this suit, the Trump administration banned foreign governments, companies, and individuals from accessing Anthropic's most powerful models after Amazon discovered a way to jailbreak the company's Fable AI into its unrestricted form - Mythos, forcing the company to shut off certain access to comply.

On Sunday, Anthropic execs scrambled to DC to triage the situation

Fable 5 launched on June 9 as the first broadly available "Mythos-class" model, the public-facing version of a system Anthropic had previously kept behind a vetted-access wall because of its cyber and biological capabilities. Mythos 5, the same underlying model with some safeguards removed, stayed reserved for cleared cybersecurity partners. Fable 5 was the middle path: Mythos-grade capability, Anthropic said, with guardrails strong enough for general release. The company put it on the API, made it generally available on Amazon Bedrock and GitHub Copilot, and folded it into Pro, Max, Team, and Enterprise plans at no extra charge through June 22.

Tyler Durden Mon, 06/15/2026 - 17:20

RFK Jr. Warns Vaccine Committee Not 'Functioning', Asks Court To Accelerate Decision

RFK Jr. Warns Vaccine Committee Not 'Functioning', Asks Court To Accelerate Decision

Authored by Zachary Stieber via The Epoch Times,

The committee that advises the Centers for Disease Control and Prevention on vaccines has been paralyzed by a March ruling by a federal judge, leaving it unable to carry out work ahead of the upcoming respiratory virus season, Health Secretary Robert F. Kennedy Jr. has warned.

Health Secretary Robert F. Kennedy Jr. in Minneapolis on May 21, 2026. David Berding/Getty Images

"The court's order has left ACIP unable to carry out its core responsibilities," Kennedy said in a June 12 post on X, referring to the Advisory Committee on Immunization Practices (ACIP). "As a result, the committee cannot issue new recommendations, review newly approved vaccines, or complete important work ahead of the fall flu season."

Influenza and other viruses typically circulate each year in the fall and winter.

The ruling in question was released on March 16 by U.S. District Judge Brian Murphy, who concluded that Kennedy and other officials did not take necessary steps when making changes to federal vaccine guidance and the composition of ACIP.

Murphy stayed the changes the CDC issued in January, the appointments of new ACIP members by Kennedy, and the votes that were taken by those members.

The Trump administration appealed the ruling on April 29.

Government lawyers asked the U.S. Court of Appeals for the First Circuit on June 12 to speed up its consideration of the matter.

"A single district judge has frozen the architecture of the national immunization system," they said, adding that Murphy's order means "the committee cannot supply, change, or withdraw a vaccine recommendation - for any vaccine or population - until the stay is lifted."

A similar panel that advises the Food and Drug Administration is slated to meet on June 18 to consider clearing a new influenza vaccine, and if officials end up clearing it, then ACIP would need to issue a recommendation on which populations should receive it, the motion to expedite noted. ACIP also usually provides recommendations on seasonal influenza vaccination before the fall.

The CDC typically accepts ACIP's advice.

The administration also pointed to Trump's June 3 executive order, which directs the CDC and ACIP to update the childhood vaccination schedule. Currently, the committee cannot carry out the order, lawyers said.

Under the proposed briefing schedule, briefs would be filed in June and July, the appeals court would hear oral argument in August, and the court would issue a decision "as soon as practicable" after that.

The American Academy of Pediatrics and other groups that sued over the vaccine guidance changes oppose speeding up the appeal, according to the motion. They have said the judge ruled correctly in deciding that Kennedy's remade ACIP was unbalanced and that the January changes should not have been made absent advice from ACIP.

"A functioning ACIP is essential to ensuring that vaccine recommendations remain grounded in evidence and available to the families and providers who rely on them," Kennedy added in the post on X.

A girl receives the flu vaccination shot from a nurse at a free clinic held at a local library in Lakewood, Calif., on Oct. 14, 2020. Mario Tama/Getty Images Tyler Durden Mon, 06/15/2026 - 17:00

B-52 Bomber Crashes After Take-Off From Edwards Air Force Base In California

B-52 Bomber Crashes After Take-Off From Edwards Air Force Base In California

A U.S. Air Force B-52 bomber aircraft crashed shortly after taking off from Edwards Air Force Base in California, the base said in a statement Monday.

“A United States Air Force B-52 Stratofortress crashed shortly after takeoff on the Edwards airfield at 11:20 a.m.,” the base said in a post on Facebook.

“Emergency crews immediately responded to the scene and the situation is ongoing.”

It’s unclear if there were any injuries or what caused the crash.

The base did not provide any further details in its statement, adding that more information will be provided when it becomes available.

“Please join me in praying for the B-52 crew at Edwards Air Force Base and the entire Edwards community,” said Rep. Vince Fong (R-Calif.) in a post on X.

Video footage of the incident showed the smoldering wreckage of the plane at the base, which is located in both Kern and San Bernardino counties.

As Jack Phillips reports for The Epoch Times, the B-52 Stratofortress is a long-range bomber that was introduced in the 1950s as a central part of U.S. air power.

The planes are capable of carrying conventional and nuclear weapons, and they have been used in a range of U.S. military confrontations, most recently in the war with Iran.

The bomber usually has a crew of five, including a commander, pilot, radar navigator, navigator, and electronic warfare officer. It also can carry a payload of up to 70,000 pounds and has a range of 8,800 miles, the Air Force says.

The Air Force says it is expecting to operate B-52s until the year 2050.

Both the Air Force and NASA carry out test flights of new and experimental aircraft at the air base, which is located in the Mojave Desert, according to its website.

Earlier this month, NASA’s X-59 experimental aircraft flew faster than the speed of sound in a milestone event at Edwards Air Force Base, the space agency said.

The crash is one of several involving the U.S. military that have occurred in the past few weeks. 

On May 17, two Navy EA-18G Growlers collided with one another in midair in an air show at Mountain Home Air Force Base in Idaho, the military said

Over the past weekend, a military plane crashed near Mount Rainier in Washington state during a training flight, local officials said.

Before the crash on Monday, the most recent fatal incident involving a B-52 occurred in 2008, when six Air Force members died when a bomber crashed into the Pacific Ocean after taking off from a base in Guam. The plane was due to take part in a parade flyover.

Tyler Durden Mon, 06/15/2026 - 16:40

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