Zero Hedge

German Mayor Stabbed By 'Gang Of Men' In Broad Daylight, Manhunt Underway

German Mayor Stabbed By 'Gang Of Men' In Broad Daylight, Manhunt Underway

A large-scale manhunt is underway after a newly elected mayor of a town in the western-central part of Germany was found critically injured in her apartment on Tuesday.

Iris Stalzer, who a mere weeks ago became the mayor of Herdecke in North Rhine-Westphalia and is a center-left Social Democrat, sustained multiple stab wounds and is reported to be fighting for her life after being airlifted to the hospital.

dpa/picture alliance

Emergency responders discovered her alive but in a life-threatening condition, after one or more attackers tried to kill her, after which she was still conscious enough to crawl inside of her home. German sources report she was "attacked in front of her residence around midday and managed to drag herself inside before collapsing."

Within hours after the attack, there is still no suspect or known motive for the attack, which could be deemed an assassination attempt of an elected official. It's also unclear if there was a political motive.

A 'gang of men' has been mentioned as behind the attack, according to further emerging details of the brutal crime:

Iris Stalzer, 57, a member of the centre-Left Social Democrats party, was found by her son in her apartment with multiple stab wounds. She told him she had been attacked by a group of men, German tabloid Bild reported.

...The attack, which, according to German media, is being investigated as an attempted murder, took place around lunchtime on Tuesday.

Ms Stalzer managed to get back inside her home, where she lives with her adopted son, 15, and her daughter, 17, after being repeatedly stabbed.

Chancellor Friedrich Merz expressed shock and condemned the assault. "We have received news of a heinous act from Herdecke. It must now be quickly clarified. We fear for the life of the designated mayor, Iris Stalzer, and hope for her full recovery," Merz wrote on X. "My thoughts are with her family and loved ones."

Iris Stalzer is in critical condition, via Instagram

SPD parliamentary group leader in Berlin, Matthias Miersch, issued a statement saying he hopes she will "survive the terrible act" - but offered no further details in terms of circumstances or possible motive.

developing...

Tyler Durden Tue, 10/07/2025 - 10:20

Legal Battles Rage Over National Guard Deployments To 5 States - What To Know

Legal Battles Rage Over National Guard Deployments To 5 States - What To Know

Authored by Sam Dorman via The Epoch Times (emphasis ours),

President Donald Trump has announced his intent to send National Guard troops to major cities across the United States in an effort to combat criminal activity.

Illustration by The Epoch Times, Shutterstock

In response, some government officials have alleged that he’s exceeding his legal authority by disregarding certain limits Congress placed on his ability to federalize the National Guard.

The resulting controversy has raised questions about the balance of power between state and federal governments.

Trump has already encountered legal battles over his attempts to federalize state National Guard troops, in part due to a law known as 10 U.S.C. § 12406. In that law, Congress set limits on presidents’ ability to federalize the National Guard—specifically requiring either an invasion, rebellion or danger of rebellion, or an inability by the president to execute the law with regular forces.

This law has already come up in lawsuits from California, Oregon, and Illinois and could resurface depending on how state and local governments respond to future deployments.

Here are some of the key things to know about the battle over National Guard deployments to Portland, Ore., Chicago, Memphis, Los Angeles, and Washington, D.C.

Portland

War Secretary Pete Hegseth called 200 members of the Oregon National Guard into service but a judge quickly ruled against it.

According to the Trump administration, federal immigration enforcement within Portland has been targeted with violence in recent weeks. White House press secretary Karoline Leavitt said during an Oct. 6 briefing that an Immigration and Customs Enforcement facility had been “under siege.”

We saw again a guillotine rolled out in front of this federal building,” she said. “And so the President wants to ensure that our federal buildings and our assets are protected, and that’s exactly what he’s trying to do.”

Agitators in Portland could be heard yelling explicit comments and death threats towards federal agents. “The guillotine would be ready for them,” one wearing black-bloc clothing shouted. Some yelled “ICE out of Portland,” while a crowd of pro-ICE supporters were also seen over the weekend—with one holding a sign that read “God Bless ICE.”

The state of Oregon and city of Portland acknowledged activity outside of the ICE facility but denied that it was the kind of protest that justified federal intervention.

U.S. District Judge Karin Immergut agreed when she issued a temporary restraining order on Oct. 4. She recounted incidents such as individuals shining flashlights on drivers and setting up a makeshift guillotine. While these incidents were “inexcusable,” she said, “they are nowhere near the type of incidents that cannot be handled by regular law enforcement forces.”

The administration also violated the 10th Amendment, she said, by unlawfully attempting to federalize the troops. “Because the President is federalizing the Oregon National Guard absent constitutional authority, his actions undermine the sovereign interest of Oregon as protected by the Tenth Amendment,” she said.

The case became more complicated when the administration attempted to deploy members of the California National Guard to Portland—something California Gov. Gavin Newsom called a “breathtaking abuse of power.” That too was blocked by Immergut in a subsequent order on Oct. 5.

An Antifa member kicks back a smoke bomb deployed by federal officers in front of Immigration and Customs Enforcement offices in Portland, Ore., on Oct. 5, 2025. John Fredricks/The Epoch Times Chicago

Trump and Republicans have long held up Chicago as an example of a crime-ridden city in the United States. Trump criticized Illinois Gov. J.B. Pritzker on social media in August for not controlling crime in his state.

He better straighten it out, FAST, or we’re coming!” Trump wrote at the time.

By Oct. 4, Hegseth had invoked Section 12406 to federalize 300 members of the Illinois National Guard. As in Portland, Hegseth also tried to federalize troops from another state—this time Texas—and bring them to Illinois.

On Oct. 5, two people were charged over their alleged attempt to use their vehicles to strike another from Customs and Border Protection. That followed a lawsuit the administration filed but lost over Illinois’ and Chicago’s sanctuary policies.

Chicago Mayor Brandon Johnson has accused ICE of trying to violate residents’ constitutional rights and signed an order to establish what he called an “ICE free zone” in the city.

Like their counterparts in Oregon, Illinois’ and Chicago’s governments quickly responded to Trump’s recent actions with a lawsuit alleging that the president exceeded his authority under the law.

A judge has yet to rule on the state’s request for a temporary restraining order but the eventual decision will likely touch on similar legal issues as Immergut did. As those cases build, along with the one challenging Trump’s deployment in California, they could prompt involvement from higher courts to decide major legal questions surrounding the president’s authority.

Illinois’ lawsuit argued that Trump can’t use federal troops for civilian law enforcement because of a law known as the Posse Comitatus Act, which prohibits such use. However, the Trump administration argued that it doesn’t prevent the president from using troops to protect federal assets, such as an ICE facility.

Demonstrators march along the Magnificent Mile to protest against federal immigration operations carried out by Immigration and Customs Enforcement in Chicago on Sept. 30, 2025. Scott Olson/Getty Images

While protests have occurred at an ICE facility near Chicago, the lawsuit said the protests would be a “flimsy pretext” for sending in troops. “ICE continues to operate the facility to process the hundreds of individuals it has detained in recent weeks,” it said.

White House spokeswoman Abigail Jackson has defended the president’s actions.

In a statement provided to The Epoch Times, Jackson accused Pritzker of inaction. “President Trump will not turn a blind eye to the lawlessness plaguing American cities,” she said.

Memphis

Trump has initiated a multi-pronged approach to tackling crime in Memphis, where violent crime was six times higher than the national average in 2024. For that year, the city ranked first in the nation for per capita violent crime as well as property crime.

Part of Trump’s approach involves sending the National Guard, but it’s unclear if they have started operations in the city.

Trump appeared to have the support of Tennessee Gov. Bill Lee, who joined the president in the Oval Office last month when Trump signed an order establishing the “Memphis Safe Task Force.”

“We’ve made significant investments to address crime throughout my seven years in office, and thanks to President Trump’s leadership, the Memphis Safe Task Force will ensure we have every resource at our disposal to create significant change,” Lee said.

President Donald Trump holds up a signed presidential memorandum that directs members of the National Guard and federal law enforcement agencies to Memphis in an effort to decrease crime in the city, in the Oval Office on Sept. 15, 2025. Kevin Dietsch/Getty Images Washington

National Guard troops remain in the nation’s capital nearly two months after Trump initially deployed them over concerns about crime. Leavitt said on Oct. 6 that troops remain in Washington because both the mayor and Trump recognize their presence helps keeps the city safe.

The commanding general, Brig. Gen. Leland D. Blanchard II, said the National Guard will extend its encampment through Nov. 30. The nation, Blanchard said, deserved an effort to keep people safe on the streets of the city.

Read the rest here...

Tyler Durden Tue, 10/07/2025 - 10:00

 "Customers Are Hungry For AI ": Dell Upgrades Long-Term Outlook 

 "Customers Are Hungry For AI ": Dell Upgrades Long-Term Outlook 

Shares of Dell Technologies jumped in premarket trading in New York after executives are expected to unveil a sharply higher long-term financial outlook at the company's Securities Analyst Meeting on Tuesday morning, boosting confidence in AI-driven demand across its data center and PC units. It seems that with each passing day, more AI-related headlines, from Monday's AMD-OpenAI deal to the ongoing AI vendor-financing "circle jerk", continue to propel AI and chip stocks to record highs. 

Chairman and CEO Michael Dell and other members of the executive leadership team will announce a new "long-term financial framework" that forecasts sales to rise at a rate of 7% to 9% annually for the next four years, while earnings per share, excluding some items, will increase 15% or more. The previous forecast, which was made in 2023, had an estimated revenue growth of 3% to 4% and adjusted EPS of 8% or better. 

Ahead of the Securities Analyst Meeting that begins around 0930 ET, COO Jeff Clarke told Bloomberg, "We were all wrong how big we thought the AI market was two years ago, and it's nothing but bigger." This growth is fueled by orders from CoreWeave, Elon Musk's xAI, the U.S. Energy Department, and Abu Dhabi's G42.

Here's more commentary from Dell leadership ahead of the analyst meeting:

  • CEO Michael Dell: "Customers are hungry for AI and the compute, storage, and networking we provide to deploy intelligence at scale. The opportunity ahead is massive."

  • COO Jeff Clarke: "We're actively shaping the future of AI infrastructure — growing AI into a $20 billion business in two years."

  • CFO David Kennedy: "With our increased EPS target, we expect to double EPS again."

Shares of Dell in New York in premarket trading jumped 6% on the press release from the company detailing what executives were planning to unveil at the upcoming analyst meeting. Shares are up 26.5% on the year (as of Monday's close). 

News from Dell adds to the positive news flow that has sent the Philadelphia Stock Exchange Semiconductor to record highs.

Yesterday's news:

Endless positive news flow generated by:

. . . 

Tyler Durden Tue, 10/07/2025 - 09:40

US Airports Experience Delays Due To Staffing Issues Caused By Shutdown: Duffy

US Airports Experience Delays Due To Staffing Issues Caused By Shutdown: Duffy

Major U.S. airports reported widespread delays Monday as the federal shutdown strained an already short-staffed air-traffic system, prompting fresh warnings from industry and labor leaders that the impasse could ripple across the peak travel season.

A plane docks on the tarmac after an air traffic control outage, bringing flights to a standstill at Newark Liberty International Airport in Newark, N.J., on May 12, 2025. Eduardo Munoz/Reuters

Transportation Secretary Sean Duffy said air-traffic control towers were contending with mounting absenteeism since the shutdown began Oct. 1, forcing the Federal Aviation Administration to slow operations at times to maintain safety. While roughly 13,000 controllers are classified as essential and continue working, there is no assurance they will be paid on time, he said. About 50,000 Transportation Security Administration officers are also required to report to work; their next paycheck is due Oct. 14.

According to Duffy, he's been receiving reports of varying levels of absenteeism across the country, which rely on air traffic controllers from the Fededral Aviation Administration (FAA). He said that the department was tracking the staff shortages, which are being reported in "one area in one day, another area another day."

By late Monday, flight-tracking service FlightAware counted more than 5,500 delayed flights nationwide. The FAA cited staffing impacts at several major airports, including Newark, Phoenix, Denver, Las Vegas and Hollywood Burbank near Los Angeles. Weather compounded the backups. At Denver International, about 32% of arrivals were delayed; Newark saw 22% delayed, while roughly 15% of flights were late at Burbank, according to FlightAware.

The mounting staffing strain threatens to undo progress the FAA has tried to make after years of shortfalls. Many controllers have been working mandatory overtime and six-day weeks, and the agency remains about 3,500 controllers shy of its target staffing levels. The FAA has been surging hiring through its academy in Oklahoma City and training centers nationwide - efforts that rely on support personnel who, Mr. Duffy warned, are at risk of being laid off during the shutdown.

I don’t want them driving Uber. I don’t want them finding a second job to pay the bills,” the secretary said. “I want them to get paid for the work that they’re doing today, keeping our planes in the air and our skies safe.” He also pressed congressional leaders to reopen the government, criticizing the stalemate on social media.

Labor leaders echoed the call. “We do not have the luxury of time,” said Nick Daniels, president of the National Air Traffic Controllers Association, speaking at Newark Liberty International Airport. “This work includes accelerating the hiring of controllers and modernizing our air-traffic control system. Both initiatives are long overdue and require our immediate and full attention…. End the shutdown.”

Airlines warned of broader repercussions if the funding lapse continues. Airlines for America, which represents United, Delta, American and Southwest, said the system may need to slow down during a prolonged shutdown, eroding efficiency and inconveniencing travelers. In 2019, a 35-day shutdown led to increased absences among controllers and TSA officers and forced the FAA to slow traffic in the New York area—pressure that helped end that impasse. Then-House Speaker Nancy Pelosi said at the time the shutdown was “pushing our airspace to the breaking point.”

The latest shutdown also threatens smaller communities that depend on federal subsidies to maintain service. Mr. Duffy said funding for the Essential Air Service program, which helps airlines serve rural and remote towns, runs out Oct. 12. “There’s many small communities across the country that will now no longer have the resources to make sure they have air service in their community,” he said, noting that Alaska would be among the states affected.

For now, the FAA says U.S. airspace remains safe, and officials are managing traffic flows to match available staffing. But with absenteeism rising and a large contingent of essential workers facing uncertainty over paychecks, the margin for operational flexibility is narrowing. As Mr. Duffy put it: “You’ll see more delays” - and possibly cancellations - “if this continues.”

Tyler Durden Tue, 10/07/2025 - 09:25

'Best Is Yet To Come': NYSE Parent Invests $2 Billion In Polymarket At $9 Billion Valuation

'Best Is Yet To Come': NYSE Parent Invests $2 Billion In Polymarket At $9 Billion Valuation

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has invested $2 billion in cryptocurrency-based prediction market Polymarket.

According to a Tuesday Polymarket X post, the ICE invested $2 billion in the prediction market. The deal values Polymarket at a $9 billion post-money valuation.

As CoinTelegraph reports, ICE’s NYSE is the world’s largest stock exchange by market capitalization, exceeding $25 trillion as of July 2024. Its interest is the latest move that fuses the United States’ traditional financial landscape with the cryptocurrency industry.

Polymarket is a crypto-powered prediction market where people buy and sell “shares” in real-world event outcomes (elections, sports, crypto prices), with market prices reflecting the crowd’s implied probabilities. Trades typically settle in stablecoins, and markets are resolved against predefined, verifiable sources, with access for US users restricted due to regulatory reasons.

Polymarket’s homepage. Source: Polymarket

CEO Shayne Coplan wrote on X:  Markets on everything.

We’re proud to announce that $ICE, the owner of @NYSE and the largest exchange company in the world, is making a strategic investment of $2 billion into Polymarket, valuing us at $9 billion post-money.

Our partnership with ICE marks a major step in bringing prediction markets into the financial mainstream. But in addition to that, it’s a monumental step forward for DeFi. ICE is the one remaining founder-led exchange company, and Jeff is all-in on utilizing his assets, including NYSE, to usher in a new financial era of tokenization. We’re humbled to be working together on this endeavor. ICE will also begin distributing Polymarket data to thousands of financial institutions around the world. There is so much to build when you combine the force of ICE’s institutional scale and credibility with Polymarket’s consumer + cultural savvy and distribution.

The past two years have been surreal. Going from a write off to creating a category, watching our vision become a reality. The Polymarket origin story is funny because it's a rare case of the dream being identical to how things played out. If I learned one thing, it’s that bold ideas are everywhere, hidden in plain sight. It just takes someone crazy enough to spend their life willing it into existence. That’s entrepreneurship: willing things into existence.

I remember reading Robin Hanson’s literature on prediction markets and thinking - man, this is too good of an idea to just exist in whitepapers. There were a million reasons why it shouldn’t work, countless arguments of why not to do it, and the odds were against us, but we had to try.

At the onset of the pandemic, I quite literally had nothing to lose: 21, running out of money, 2.5 years since I dropped out and nothing to show for it. But I knew we were entering an era where ways to find truth would matter more than ever, and Polymarket could play a critical role in that. After all, nothing is more valuable than the truth. It’s still a work in progress, but we’re honored to have made the impact we have thus far.

I’d also like to give a special thank you to all of our users, builders, and community members who have been with us since 2020. Your support will not be forgotten.

Last but not least, I am deeply grateful for all of the support and hard work of my brilliant team. I’m getting to live my wildest dreams, seemingly against all odds, and I don’t take it for granted.

The best is yet to come…

Que Sera Sera

Polymarket prepares US relaunch

The news also follows recent reports that Polymarket is reportedly preparing a US launch that could value the company as high as $10 billion. In early September, the US Commodity Futures Trading Commission (CFTC) issued a no-action letter to QCX granting Polymarket relief from certain federal reporting and record-keeping requirements.

That stance marks a notable shift from prior years. In mid-November 2024, the United States Federal Bureau of Investigation (FBI) went as far as to raid the home of Polymarket CEO Shayne Coplan, seizing his phone and electronics. The CFTC also issued a cease-and-desist order against Polymarket in early 2022.

This followed Polymarket’s July acquisition of the US-licensed derivatives exchange and clearinghouse QCEX for $112 million in preparation for its re-entry into the US market. In recent times, the prediction market has undergone significant leadership changes.

In late August, Polymarket added Donald Trump Jr., the son of US President Donald Trump, to its advisory board after receiving a strategic investment from self-described politically aligned vehicle 1789 Capital. The financial details are unclear, but according to some estimates, the investment was worth “double-digit millions of dollars."

Tyler Durden Tue, 10/07/2025 - 08:50

"For God's Sake, Stop The Rhetoric!": Border Czar Tom Homan Pleads With Anti-ICE Dems

"For God's Sake, Stop The Rhetoric!": Border Czar Tom Homan Pleads With Anti-ICE Dems

Authored by Debra Heine via American Greatness,

Border Czar Tom Homan said Thursday that ICE will not be intimidated by the left’s anti-ICE attacks and will continue its mission of deporting criminal illegal aliens. “They won’t stop the men and women of ICE,” he told Fox News host Harris Faulkner.

According to the Department of Homeland Security, U.S. Immigration and Customs has seen a 1000 percent increase in violence against agents as they carry out their operations.

In the latest episode on Wednesday,  29-year-old Joshua Jahn managed to kill an illegal alien detainee and wound two others before shooting himself in the head. Police found unspent bullet casings with the words “anti-ICE” written onto them at the scene. While ICE was clearly the target, no agents were harmed in the targeted attack.

Homan said there are about 600,000 illegal aliens with criminal histories walking the streets, mostly because of sanctuary cities. He explained that because authorities in sanctuary jurisdictions do not cooperate with ICE, agents are forced to go into neighborhoods to find criminal illegals, endangering themselves, and often causing nonviolent illegal aliens to get swept up with them.

“In sanctuary cities, they force us to go into communities to find the bad guy and if we find them with others, they’re coming too,” the Border Czar explained. “We’re not going to turn our back, we’re not going to turn out back on the law Congress enacted,” he continued. “If you want less collateral arrests, then let us into the damn jail where it’s safe for the agent, it’s safe for the alien and it’s safe for the community. But they won’t do it,” he lamented.

“Throughout my career, I’ve buried Border Patrol, I’ve buried ICE agents. I’ve handled too many folded flags for spouses and children of those who died in the line of duty! For God’s sake, stop the rhetoric!” he pleaded. “These men and women are patriots. They’re moms and dads too. And I want every one of them to go home to their families each night.”

Rather than moderating their tone, however, leading Democrats have doubled down on their inflammatory rhetoric, even as attacks on federal law enforcement officers have increased. Fox News provided just a sampling of the invective being spewed by Dems toward ICE in recent days:

In a post on X several hours after the shooting, Rep. Nikki Budzinski, D-Ill., accused ICE agents of unleashing “dangerous and reckless immigration operations” on the public.

“I’ve joined the Illinois delegation in demanding answers about DHS’s dangerous and reckless operations in our state,” wrote Budzinski. “We refuse to stand by while masked agents trample on due process, indiscriminately arrest our neighbors, and threaten immigrant communities.”

In a since-deleted post, Sen. Mark Warner, D-Va., also criticized ICE agents after the attack, accusing them of “picking up moms as they drop off their kids to daycare or people going to work.”

Just days before the attack, Rep. Robin Kelly, D-Ill., who is also a Democratic senatorial candidate, accused ICE of using “Gestapo tactics” against the American people, saying their actions “are a betrayal of the values we swear to uphold.”

Leading Democrats have also taken a similar tone against ICE agents, including House Minority Leader Hakeem Jeffries, D-N.Y., who accused Trump border czar Tom Homan of working to “unleash masked ICE agents on the American people.”

Last week, former Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., accused ICE of intentionally stoking fear and tearing communities apart.

“ICE is targeting community members with no criminal record,” Warren wrote on X. “Agents are sitting outside of churches and schools. Driving unmarked vans and breaking car windows. These violent ICE arrests don’t make us safer — they intentionally stoke fear and tear communities apart.”

Speaking on the Senate floor last week, Sen. Dick Durbin, D-Ill., accused federal officials of targeting anyone with “brown skin and a Hispanic surname.”

“ICE is arresting first and asking questions later,” Durbin said. “I’ve seen the devastating impacts of these policies in my state of Illinois. People are fearful of masked men in unmarked vans who can grab them at any time because of how they look or their voice, accent.”

California Governor Gavin Newsom described the Trump administration’s deportation effort as “authoritarian” during an appearance on Stephen Colbert’s late night show Tuesday.

“That’s happening in the United States of America, Newsom fumed. “Masked men jumping out of unmarked cars, people disappearing, no due process, no oversight, zero accountability!”

The Border Czar said he prays for the safety of his agents, as well as “the safety of those we’re looking for.”

As for the anti-ICE protesters, Homan said they don’t even know what they’re protesting.

“If you ask them why they’re protesting, they’re going to say things they heard in the fake media,” he explained.  “If the media would tell the truth about what ICE is actually doing, maybe so many people wouldn’t get inflamed!”

Tyler Durden Tue, 10/07/2025 - 06:30

China's Soybean Boycott - Key Questions Before Trump-Xi Meeting

China's Soybean Boycott - Key Questions Before Trump-Xi Meeting

At the end of last week, new details emerged via a Wall Street Journal report outlining the Trump administration's potential farm bailout, estimated to be in the range of $10 billion to $14 billion, aimed at cushioning farmers amid China's pivot in agricultural purchases to Brazil. Trump blasted China last week, saying Beijing was "hurting" American farmers during the ongoing trade negotiations, and noted that soybeans would be a major topic in his upcoming meeting with Chinese President Xi Jinping. 

Soybeans and agricultural purchases have yet again become a central battleground in US-China trade talks. 

To make sense of it all, Bloomberg provided readers with a Q&A breakdown about the soybean debate ahead of the Trump-Xi meeting at the Asia-Pacific Economic Cooperation summit, which begins in late October:

Why is China refusing to buy U.S. soybeans?

China hasn't purchased any soybeans from the current U.S. harvest. U.S. Treasury Secretary Scott Bessent and other administration officials say Beijing is using soybeans as leverage in broader trade negotiations. Earlier this year, the two countries came to a temporary truce that lowered tariffs and eased export controls, but that agreement expires in November. Trump has accused China of holding off "for negotiating reasons only." This season, Beijing has instead turned to South America. Brazil and Argentina have been supplying soybeans for China's animal feed producers and oil extraction "crushers," filling a need usually met by the U.S.

How is this impacting U.S. soybean farmers?

The fallout for farmers has been significant. In 2024, the U.S. made up about one-fifth of China's soybean imports, worth more than $12 billion, and those sales represented more than half of the value of all U.S. soybean exports. Without that market, growers are left with fewer buyers and weaker prices. Across the U.S. Midwest, farmers are watching storage bins fill up as harvests roll in. Researchers at Purdue University warn that higher costs for fertilizer, seed, and chemicals — combined with falling soybean prices — are squeezing profits. Many growers are choosing to store crops rather than sell at steep losses. That pain ripples across the industry. Grain elevators, processors, and the railroads that move soybeans across the country are all affected by the slowdown.

Does Washington have leverage to pressure Beijing into changing its policy?

The Trump administration has suggested it does. Bessent predicted a "pretty big breakthrough" from the next round of talks. Trump has promised to put soybeans at the top of his agenda when he meets Xi. However, Republican senators left a meeting on Sept. 30 with the U.S. ambassador to China discouraged, saying Beijing has little intention of resuming purchases anytime soon. Trump has said his administration will use funds collected from tariffs to provide farmer relief. On Sept. 24, Agriculture Secretary Brooke Rollins promised a new aid package "in the next couple of weeks," though the federal shutdown complicates the picture.

Are there risks for China?

Yes, but they're limited in the short run. China's massive animal agriculture industry needs soybeans to produce animal feed. But Chinese crushers and farmers have already built up higher-than-usual inventories, and government reserves provide a further cushion. That gives Beijing room to wait until early 2026 before it feels pressure to buy more from abroad. China's reliance on Brazil and Argentina brings long-term risks, however. With fewer suppliers, a future weather shock could prove costly, even as Beijing's tilt toward Brazilian beans is boosting output from the world's top grower.

What are soybeans used for?

Soybeans are essential to China's food system. The bulk of imports are crushed into meal for animal feed for pigs, which supply most of the country's meat, and other livestock. Soy oil is also widely used for cooking and food products. Soybeans are also processed into biofuels and industrial products.

Has China boycotted U.S. soybeans before?

Yes. During Trump's first term, Beijing slashed purchases of U.S. soybeans as part of the 2018–2019 trade war. That pressure helped push the Trump administration to agree to the so-called Phase One deal. Under that agreement, China pledged to buy tens of billions of dollars' worth of U.S. farm goods, including soybeans, in exchange for tariff relief. Trump later blamed his successor, Joe Biden, for not adequately enforcing the agreement. The current standoff looks similar. Once again, China is using soybeans as leverage to counter U.S. tariffs and restrictions.

Related:

Key chart to understand China's pivot:

Source: Financial Times 

. . .

Tyler Durden Tue, 10/07/2025 - 05:45

Goaded By Tariffs, European Pharmaceutical Industry Pivots To The US

Goaded By Tariffs, European Pharmaceutical Industry Pivots To The US

Authored by Evgenia Filimianova via The Epoch Times,

The U.S. tariff policy and its unmatched pharmaceutical market are pulling European drugmakers to invest more heavily, from new manufacturing plants to U.S. stock listings and discount pricing deals.

Since early 2025, European drugmakers have stepped up their U.S. presence. In the most recent move, the United Kingdom’s giant AstraZeneca announced on Sept. 29 a direct listing on the New York Stock Exchange, just months after pledging $50 billion of U.S. investment by 2030.

The UK-headquartered Indivior dropped its London listing in July to trade solely on Nasdaq, while Swiss giants Roche and Novartis unveiled U.S. expansion plans in April worth $23 billion and $50 billion, respectively. France’s Sanofi has likewise committed at least $20 billion in American projects through 2030.

The moves reflect both the pull of the U.S. market, which accounted for more than half of global prescription medicine sales in 2024, and the push of political signals from Washington.

On Sept. 25, President Donald Trump, after months of warning about pharmaceutical tariffs, announced a 100 percent levy on imports of branded and patented medicines from Oct. 1 unless manufacturers build plants in the United States.

“Pharmaceutical companies are very cognizant of what the White House is saying, and they’re acting accordingly,” Russ Mould, investment director at British investment platform AJ Bell, told The Epoch Times.

He said that the United States, as the world’s largest economy and the biggest pharmaceutical market, was not a place where any chief executive wanted to risk being put at a competitive disadvantage.

US Market Dwarfs Its Peers

According to data from the European Federation of Pharmaceutical Industries and Associations (EFPIA), North America represented 54.8 percent of global prescription sales in 2024, compared with 22.7 percent for Europe.

Between 2019 and 2023, two-thirds of new drug launches were made first in the United States, compared with just 16 percent across Europe’s top five markets.

That dominance has left non-U.S. drugmakers highly exposed to tariff risk. The European Union exported nearly €120 billion ($127 billion) worth of medicines to the United States in 2024, making America its largest pharmaceutical trading partner, according to the European Commission.

The United Kingdom alone shipped £7 billion ($8.5 billion) in pharmaceutical products across the Atlantic in the year to March 2025, UK government data show.

Industry analysts say the U.S. tariff policy, combined with Trump’s push for lower U.S. drug prices, are accelerating strategic shifts.

“It does look as though it is the direction of travel,” said Susannah Streeter, money and markets analyst at UK consultancy Consultable told The Epoch Times. “If companies are planning to build a factory in the United States, they will be exempt from extra tariffs. So this is concentrating minds among pharma giants about where to locate future manufacturing facilities.”

Streeter said the trend of companies shifting stock exchange listings from Europe to the United States depends largely on where their core business is located. In AstraZeneca’s case, U.S. revenues in the first quarter of 2025 made up roughly 42 percent of regional sales.

Smaller firms, Streeter said, are less likely to make such a move due to the capital required and the need for an established U.S. customer base.

“It’s quite a big undertaking. You certainly require a lot of capital to start moving entire operations, uprooting them and moving across the United States. Obviously you would need to make sure that you have a strong customer base there … So the bigger companies, it’s probably more likely that you’d see movement more quickly.”

For investors, she said the rationale behind these shifts is to avoid higher duties that could raise the cost of drugs in the United States.

“The hope is that they will avoid increased duties, which would make the drugs more expensive … so that they can ensure that their drugs get the widest possible customer base,” Streeter said.

The Push From Europe and the UK

Britain spends far less on medicines overall, just 9 percent of its healthcare budget, compared with 15–17 percent in France, Germany, and Italy, data from the Association of the British Pharmaceutical Industry (ABPI) show. Streeter said this helps explain “why you see moves away from the UK first.”

In the United Kingdom, drug companies have to hand back a large share of sales under government rebate schemes.

In 2025, firms in the main voluntary scheme will return 22.9 percent of revenues on eligible sales of newer medicines to the National Health Service, while those in the statutory scheme will pay 31.3 percent from July, averaging 23.4 percent across the year.

Rates are set to climb further to 24.3 percent in 2026 and 26 percent in 2027. By comparison, clawbacks are far lower in other European countries—about 7 percent in Germany, 9 percent in Ireland, and 5–12 percent in France, according to the Association of the British Pharmaceutical Industry.

The pressure is not limited to Britain. The European Union is also rewriting its drug rules, which determine how long companies can sell a new medicine without competition from generics. In June 2025, EU governments backed a plan to give firms at least eight years of protection, plus up to two extra years in some cases.

US Price Pressures and the Pfizer Deal

While Washington is also pressing for lower drug prices, the U.S. still offers greater rewards than Europe thanks to its size, deeper stock market liquidity, and new drug launch priority.

Following the Sept. 30 deal in which Pfizer agreed to cut Medicaid prices to match those in other developed nations, Swiss lobby Scienceindustries said other European firms may follow with similar “mini-deals.” Director General Stephan Mumenthaler told Reuters he expected announcements “one by one in the coming days and weeks.”

Both AstraZeneca and Sanofi also unveiled measures on Sept. 26 aimed at expanding affordability.

For some companies, the U.S. market also looks more attractive because of its financial depth.

“The London Stock Exchange has been suffering from lower levels of liquidity, and that has been a concern, certainly compared to the United States, where there’s been a huge amount of trading activity,” said Streeter. “There are—there are concerns about that, certainly in London.”

Tariff Uncertainty and Investment Outlook

Uncertainty remains around how U.S. tariffs will be applied, particularly for EU countries. Under a trade deal reached with the United States in July, tariffs on pharmaceuticals were capped at 15 percent.

The Trump administration formally confirmed the exemptions on Sept. 25. The following day, Irish Foreign Minister Simon Harris said Dublin would study the impact of the broader tariff announcements, but welcomed the exemptions for EU products under the agreement.

In parallel, the United States and the United Kingdom agreed under a recent trade deal to work on giving UK-made medicines and ingredients better trade terms, depending on the outcome of a U.S. review of whether certain imports threaten national security.

“I still think that there is a question mark surrounding how onerous the tariffs would actually be, particularly for European Union-based drugs companies,” Streeter said.

Meanwhile, U.S.-based financial services and investment research firm Morningstar said in a Sept. 25 report that tariffs on imported pharmaceuticals would likely have only a limited long-term effect on major drugmakers.

The firm estimated that a 15 percent tariff would reduce earnings by about 9 percent for U.S. companies and 6 percent for European ones, but said the impact would likely be eased by steps such as outsourcing production and securing multiple suppliers for key ingredients.

Analysts noted that European groups such as AstraZeneca and Novartis face higher upfront costs to expand in the United States, but could benefit from lower trade risks over time.

Tyler Durden Tue, 10/07/2025 - 05:00

Germany's "Debt Boom": Merz's €500 Billion Gamble Is Keynesian Madness On Steroids

Germany's "Debt Boom": Merz's €500 Billion Gamble Is Keynesian Madness On Steroids

Submitted by Thomas Kolbe 

In Berlin’s government circles, anticipation is rising: the massive debt program is ready for launch. Soon, the 500-billion-euro credit package—disguised as a “special fund”—will hit the economy like a tidal wave, supposedly to free the country from its chronic recession.

Looking back, Chancellor Friedrich Merz’s term in office will likely be remembered for one thing above all: his gigantic debt orgy. Half a trillion euros in new borrowing—added on top of the already planned annual deficit of 3.3% of GDP—are supposed to reignite the faltering economic engine over the next decade.

Maastricht Is History

Year after year, the debt mountain, already 65% of GDP, will grow by another 1.15% in new debt. The annual net borrowing thus climbs to 4.6%—a far cry from the once “sacred” Maastricht thresholds. Those days are long gone. Berlin hopes for a Keynesian miracle, ignoring the fact that such policies always deepen structural problems rather than solving them.

According to Handelsblatt, citing insider sources, Economics Minister Katharina Reiche (CDU) will present the new growth figures on Wednesday.

Her ministry’s outlook aligns closely with the joint forecast of Germany’s leading economic institutes: both the DIW and RWI now expect GDP growth of 1.3% for 2026 and 1.4% for 2027.

All of them are counting on the debt stimulus—more is better, and qualitative questions or the limits of economic planning have long since disappeared from view. The belief that the economy can be centrally managed is now dogma in Berlin. The free market is treated as an adversary.

Merz’s “Turning Point”

Chancellor Merz recently declared a “turnaround” in investment flows. After years of massive capital flight, he now claims that money is returning to Germany. He seems to believe that the additional €50 billion in new loans—mostly directed into climate projects, infrastructure, and military expansion—will trigger a private investment boom. Through state guarantees, private capital is to be “mobilized.”

It’s a wager that debt-driven stimulus will revive the economy. In reality, it’s Habeck-style logic—industrial decay and bankruptcies are baked into the cake.

Label Fraud and Voodoo Economics

This “growth” is a statistical illusion. It doesn’t reflect market-driven investment or real demand—it’s a debt-fueled mirage, a bonfire lit by the printing press.

The consequences will be devastating: taxpayers will foot the bill through higher taxes or inflation once the new credit mass meets a stagnant economy and limited supply, pushing prices up.

True prosperity and growth must be measured differently. In a free market, goods and services arise from genuine demand. The state, by contrast, becomes a consumption factor that destroys purchasing power through bureaucracy.

Capital Markets Under Strain

The same applies to investment. Ideologically driven projects like the “green transformation” are, in truth, capital destruction programs. They drain scarce resources from the private sector, drive up financing costs, and tighten the labor market by tying up workers in unproductive bureaucracies.

For context: the state’s share of GDP currently stands at about 50%.

With a planned new debt ratio of 4.7% next year and projected GDP growth of only 1.3%, the private sector would need to shrink by roughly 3.4% in real terms to make the math work.

In other words: Germany is already deep in a debt spiral where each additional euro of public borrowing yields diminishing growth. The government plans to raise spending another 4–5% next year—piling more weight onto the private economy’s back. As the state expands, the productive backbone contracts. Berlin calls it “progress.”

The “New Dawn” of the Merz Government

The administration is now preparing to inject its vast debt package into the parched channels of the green subsidy industry and the emerging war economy. On German Unity Day, Merz wrapped this in lofty rhetoric—speaking of renewal, vigor, and optimism, urging citizens not to be paralyzed by fear.

But behind this staged optimism lies nothing of substance. Not a word about who will ultimately pay the bill for this credit-fueled firework—through taxes, inflation, and the erosion of savings. This isn’t a “new dawn.” It’s a demolition party.

While Berlin and Brussels double down on propping up their state-fed pseudo-industries, others are moving in the opposite direction. In the U.S., fiscal burdens for citizens and businesses are falling. In Florida, lawmakers are even discussing abolishing property tax altogether.

Washington is deregulating the energy sector, freeing it from the CO₂ straitjacket—while in Germany, every effort to restore market order gets buried under green dogma.

March Into Eco-Socialism

Quite the opposite: Berlin is already paving the way to refinance its debt binge through higher inheritance taxes and the abolition of the spousal tax break. Merz is working overtime to expand an already overextended state sector—now consuming more than half of the economy—while crowding out private enterprise step by step.

His pledge to cut bureaucratic costs by €16 billion and eliminate 8,000 public jobs belongs in the realm of political fairy tales. The distribution of the new debt torrent alone will require thousands of new administrators.

Germany is on a fatal path—into a new form of eco-socialism where the state is once again the center of the universe and the market is reduced to a mere auxiliary engine to keep the fragile edifice afloat for a little while longer.

* * * 

About the author: Thomas Kolbe, born in 1978 in Neuss/ Germany, is a graduate economist. For over 25 years, he has worked as a journalist and media producer for clients from various industries and business associations. As a publicist, he focuses on economic processes and observes geopolitical events from the perspective of the capital markets. His publications follow a philosophy that focuses on the individual and their right to self-determination.

Tyler Durden Tue, 10/07/2025 - 03:30

AppLovin Craters 15% After Bloomberg Reports SEC Investigating Company Over Its Data Collection Practices

AppLovin Craters 15% After Bloomberg Reports SEC Investigating Company Over Its Data Collection Practices

Shares of controversial short seller target AppLovin were leveled in late trading Monday, falling more than 15% one point after it was reported that the Securities and Exchange Commission is investigating the company over its data-collection practices, according to a Bloomberg exclusive.

Bloomberg writes that the probe, handled by SEC officials focused on cyber and emerging technologies, centers on claims the company broke platform partners’ service agreements to deliver more targeted ads. The review stems from a whistleblower complaint filed earlier this year and several short-seller reports, though the SEC hasn’t accused AppLovin or its executives of wrongdoing.

AppLovin said it “regularly engage[s] with regulators and if we get inquiries we address them in the ordinary course. Material developments, if any, would be disclosed through the appropriate public channels.” The SEC declined to comment, citing its limited press response during the government shutdown.

The plunge comes despite the company nearly doubling its market value this year to more than $230 billion and being added to the S&P 500 Index in September, fueled by demand for AI-driven ad tools.

Short sellers, including Fuzzy Panda and Muddy Waters, have alleged AppLovin used unauthorized “fingerprinting” to track users across apps and sites, in violation of Apple’s rules and until recently, Google’s policies. Muddy Waters called it "another scammy ad tech company" in their slide deck on the company. 

CEO Adam Foroughi dismissed the reports as “littered with inaccuracies” and denied creating “alternative accurate and persistent identifiers, typically called device fingerprints.”

In March, AppLovin hired attorney Alex Spiro of Quinn Emanuel to run an “independent review and investigation into recent short report activity.” The company said the work is ongoing and aimed at uncovering the origins of “clearly false reports.”

Spiro, a partner at Quinn Emanuel, has represented high-profile clients including companies like Tesla as well as figures such as Elon Musk, Robert Kraft, Jay-Z, Alec Baldwin, Megan Thee Stallion, Naomi Osaka, Mick Jagger, Charles Oakley, and New York City Mayor Eric Adams.

AppLovin’s partners include Meta, Amazon, and Google, though it isn’t clear which relationships are under review. There’s no indication the SEC is examining the conduct of those partners.

Tyler Durden Tue, 10/07/2025 - 02:45

Spanish Cops Uncover Fraud Network Of Fake Residencies & Sham Marriages Used By Illegals

Spanish Cops Uncover Fraud Network Of Fake Residencies & Sham Marriages Used By Illegals

Authored by Thomas Brooke via Remix News,

The Spanish National Police has announced the arrest of 12 people in Vic for orchestrating fraudulent partnerships between Spaniards and illegal immigrants, part of a growing Europe-wide problem involving forged documents, sham marriages, and black markets for residency permits.

According to police, the network operating from the Catalonian town specialized in manufacturing fake family links to secure residence permits reserved for relatives of EU citizens.

As reported by 20 Minutos, the investigation began in November 2024, when authorities noticed a cluster of suspicious applications. In each case, the foreign applicant was living illegally in Spain and claimed to be in a stable partnership with a Spanish citizen. All applicants listed the same address on Rambla del Passeig, which investigators discovered was in fact a café.

The fraud unraveled when police found that the couples had not registered with the official Registry of Stable Partnerships and instead submitted forged documents to immigration officials. Among the arrested is the alleged mastermind who arranged the sham marriages, provided the fake paperwork, and advised clients on how to present their applications.

At least five foreigners managed to obtain legal residency before the scheme was uncovered, halting their deportations and granting them full EU benefits. In total, 14 applications were examined, with authorities seizing forged registration forms, partnership certificates, and payroll slips.

The case follows a separate investigation in northern Spain back in February, where police dismantled a ring arranging marriages of convenience between Spanish women and foreign men seeking legal residency. A lawyer from Miranda de Ebro, a male recruiter, and a female intermediary were arrested after police uncovered 13 planned sham marriages. Migrants allegedly paid up to €10,000 each to be paired with a Spanish partner, while women were offered between €3,000 and €4,000 to go through with the marriage.

Spanish authorities noted that such networks are lucrative for those involved. In 2020, another criminal group was disbanded for arranging over 50 sham marriages for Indian and Pakistani migrants, charging €20,000 each. That network had members operating across Barcelona, Valencia, and Sitges.

The Spanish operations are far from isolated. Earlier this year in France, prosecutors charged a civil servant from the foreigners’ admission service in Nancy with corruption and fraud for helping irregular migrants stay in the country. The official allegedly accepted bribes of €25,000 per case, altering documents to approve residence applications. Investigators traced at least 15 fraudulent files to her office, sparking a judicial probe into her network of accomplices and beneficiaries.

Similarly, last month in Germany, an investigation by German broadcasters NTV and RTL, along with Stern magazine, revealed a booming black market on TikTok for forged integration and language certificates — a prerequisite for permanent residency or citizenship in Germany.

Under German law, foreign nationals must demonstrate language proficiency and integration by passing tests administered by accredited providers such as Telc or adult education centers. Yet on TikTok, vendors openly advertise fake certificates with messages like “A1, A2, B1, B2, C1, C2, no school, no exam.” Videos in Arabic, Turkish, and Albanian promise fast-track paperwork, with prices ranging from €750 for basic certificates to €2,700 for higher-level documentation. Family “discounts” were even offered for multiple applicants.

Investigators also found forged driver’s licenses and industry qualification certificates circulating on the platform. Posts routinely attracted hundreds of thousands of views, with users openly commenting with requests for prices and availability.

Read more here...

Tyler Durden Tue, 10/07/2025 - 02:00

The Parents of Charlie Kirk's Prodigal Assassin

The Parents of Charlie Kirk's Prodigal Assassin

Authored by David DesRosiers, President, RealClearFoundation,

Charlie Kirk’s murderer came from somewhere. We all do.

Since the “In the beginning …” times, our species has wrestled with the fundamental logic – and perceived unfairness – of holding parents responsible for the sins of their children. Or the other way around. In the Old Testament book of Ezekiel, the prophet makes this explicit:

The person who sins will die. A son will not suffer the punishment for the father’s guilt, nor will a father suffer the punishment for the son’s guilt; the righteousness of the righteous will be upon himself, and the wickedness of the wicked will be upon himself.

Yet we mortals struggle with this idea. It’s a matter of self-preservation. The unifying idea is that we must bear some responsibility for the behavior of our own kids. Our kids are reflections of us because we put our stamp on them. Functional societies have a justifiable fear of the ripple effects of other people’s bad parenting.

Healthy families are civilization’s frontline schoolhouse of needed humans – producers of good men and women, and citizens. Bad parents can easily replicate themselves, and often do. It is a rare and beautiful testament to the enduring nature of the good to see exceptions to the rule.

The inverse happens, too. I have met a many a good parent of a bad kid – a bad seed who grows up to be a bad adult. Or a good kid who leaves the home for school, falls in with the wrong crowd, and rejects root and branch the ways of his family.

Modern parents know at some point we must give our offspring over to a hard and secular world outside the home threshold, a world that undermines good parenting at every turn. A school system that inverts the established, time-tested ways for purposes of political indoctrination. A culture that has lost any sense of moral and natural limits. An algorithmic media that is set on setting people into warring tribes with desensitized, brutish ways.

Charlie Kirk’s assassin was born and raised in southwestern Utah. Mormon territory. He was the son of a mother and father who raised kids in the Mormon way, which creates exemplary fruits that are missionaries to the world. The Church of Jesus Christ of Latter Day Saints – its formal name – instills family loyalty, stewardship, tolerance, sobriety, hard work, and sharing. They tithe. They contribute. They are impressive people.

Even Matt Stone and Trey Parker, with their “Dumb the Dumb, Dumb” view of the Mormon religion (which is a cutout for all organized religion), recognized that Mormons have strong families and raise very good kids. The whole “Book of Mormon” craze began with a 2003 “South Park” episode featuring an impressive Mormon high school kid. His ending soliloquy put it best:

“Look, maybe us Mormons do believe in crazy stories that make absolutely no sense, and maybe Joseph Smith did make it all up, but I have a great life, and a great family, and I have the Book of Mormon to thank for that,” he says. “The truth is, I don’t care if Joseph Smith made it all up, because what the church teaches now is loving your family, being nice and helping people.” 

I don’t know about you, but I admire the old-school way the accused killer’s father brought his son – his own flesh and blood – to face justice.

The family saw the fruit of their loins on video surveillance in a national all-points bulletin. The family reached out to their own. Father and grandfather. They talked him into coming home. Once he was home, they convinced him to turn himself in for the crime – and to stanch the dishonor that he had done to his family’s name.

Would Luigi Mangione’s wealthy and well-connected Maryland family have done the same if they recognized his distinctive eyebrows? “Come home, son,” followed by, “You must turn yourself in to the authorities and be held accountable.” There’s no evidence they did anything of the kind. If they had, would Luigi have complied? I doubt it.

Fathers and mothers of America: Do you think you and yours could do similarly? To ask that question is not to easily answer it.

This Utah family has a quiet dignity to it. Their creed was not an assassin’s creed. Their kid is certainly a lost young man. He took a path outside of his family’s way, but his family retained a line of communication and influence over their prodigal son. They lost their son to dark, demonic forces, but appealed to the light remaining in him, and brought him home and to justice.

What this family confronted deserves to be noticed, praised, and modeled. Our country was given clarity in real time. We very rarely get that. This young man did not come in lawyered up and with his phone locked and encrypted.

A reeling nation did not have to suffer the indignity of mushroom management, where “We the People” are kept in the legalese dark and fed legalese doggerel.

Every family that has successfully raised a good kid to adulthood knows how hard it is in our present educational, cultural, and social media bathhouses.

A family can hold a line, and a kid can transgress it. Once upon a time the family had educational and cultural support systems that checked transgression and bolstered parents and kids. Kids heard a shared common and civilized creed in and outside the house. That cord has been cut for a while, and our families and nation are suffering at scale because of it.

This family summoned their prodigal son home. While we rightfully think of their son as moral monster, they still had familial claim and power over him. And with it, they brought him home and then to justice.

This family gave another grieving family and a nation the closure it needed. We owe them our thanks and compassion for displaying moral courage when it counted. The sins of their son are not theirs. They ought to be seen by the nation as neighbors in good standing. They need and deserve our parental prayers.

Under present grooming circumstances, there but for the grace of God go all of us.

David DesRosiers is the publisher of RealClearMedia and president of the RealClear Media Fund, which supports the cause of free speech through its annual Samizdat Prize, and its reporting, and the viewpoint diversity method.

Tyler Durden Mon, 10/06/2025 - 23:40

South Carolina Judge’s Beachfront Home Burns Down, Hospitalizing Three People

South Carolina Judge’s Beachfront Home Burns Down, Hospitalizing Three People

A fire destroyed the Edisto Beach home of South Carolina Circuit Court Judge Diana Goodstein and her husband, former state Sen. Arnold Goodstein, on Saturday, sending three people to the hospital, according to the NY Post.

The blaze broke out around midday, forcing Arnold Goodstein to leap from the first floor to escape. He and two others were later rescued from a marshy area behind the house by neighbors and paramedics, who reached them in kayaks, according to the St. Paul’s Fire District.

One person was airlifted to the Medical University of South Carolina, while two others were transported by ground, officials said. Sources told FitsNews that Arnold was air-evacuated after breaking multiple bones in his hips, legs, and feet.

The Post writes that Goodstein, 69, was walking her dogs on the beach when the fire consumed the three-story waterfront home in the Jeremy Cay gated community, a neighbor told the Post and Courier.

“The condition of all three escapees wasn’t immediately known,” said Colleton County Fire Rescue Capt. KC Campbell.

Diana Goodstein has served as a judge since 1998. Her husband, a former Democrat representing Charleston County, served in the South Carolina House and Senate in the 1970s and later ran a homebuilding company that went bankrupt in 2008. The couple has two children.

State Law Enforcement Division is investigating the cause of the fire.

Tyler Durden Mon, 10/06/2025 - 23:15

Ukrainian Intelligence Says China Helping Russia Target Western-Funded Facilities In Ukraine

Ukrainian Intelligence Says China Helping Russia Target Western-Funded Facilities In Ukraine

Ukrainian Foreign Intelligence Agency official Oleh Alexandrov has told the state news agency Ukrinform that China has been directly assisting Russia with intelligence for use on the battlefield in Ukraine.

Specifically he said China is providing foreign intelligence to target those sites in Ukraine which benefit from foreign investment, meaning Western-backed and funded facilities, likely such as weapons production sites.

Adobe stock image

"There is evidence of a high level of cooperation between Russia and China in conducting satellite reconnaissance of the territory of Ukraine in order to identify and further explore strategic objects for targeting," said Alexandrov. "As we have seen in recent months, these sites may belong to foreign investors."

The Kremlin on Monday responded by rejecting the allegation, saying that it possesses all capabilities to not have to rely on any outside country or ally.

Kremlin spokesman Dmitry Peskov when specifically asked about the new allegation from Ukraine's Foreign Intelligence Agency said as follows:

"We have our own capabilities, including space capabilities, to accomplish all the tasks the special military operation poses," he told reporters.

But the last year of the war has seen Moscow deepen its cooperation both with the Chinese and North Korean militaries.

The presence of North Korean troops within Russian forces is well-known, but Kiev has more recently alleged Chinese troops are fighting alongside Moscow forces as well.

There's also reported to be training programs between Russian and Chinese militaries. For example, Ukraine's Defense Intelligence Directorate has told local media, the Kyiv Post, that "The Kremlin has decided to allow Chinese military personnel to study and adopt the combat experience Russia has gained in its war against Ukraine."

Also, Iran has factored into the equation given it has established a drone production facility within southern Russia.

Beijing has additionally in the past issued statements calling out NATO for its constant expansion, and activity which has even been lately introduced in the Pacific region, and growing ties to Japan.

Tyler Durden Mon, 10/06/2025 - 22:50

Back To Square One? Hamas, Israelis Meet In Egypt To Hash Out Trump Peace Plan

Back To Square One? Hamas, Israelis Meet In Egypt To Hash Out Trump Peace Plan

After President Trump issued weekend threats telling Hamas to move quickly on implementing his 20-point Gaza peace plan, along with previously warning there'd be "hell to pay" if they don't free all 48 remaining hostages (living and deceased), it seems the sides are merely back to square one in a sense as delegations have been sent to Egypt.

"A delegation of Hamas officials led by the terror group’s leader Khalil al-Hayya arrived in Egypt on Sunday night to begin negotiations on Washington’s plan to end the war in the Gaza Strip and free all 48 remaining hostages — at least 20 of them alive — as US President Donald Trump implored all parties to move fast toward an agreement," Israeli media writes. An American official has told Sky News Arabia that still "There are many details that need to be worked on regarding the Gaza negotiations." But the message from Washington is that the priority is the immediate release of the hostages.

EPA via Shutterstock

Negotiations over exactly how swaps will go down, and other conditions related to the future of Gaza - especially the disarming of Hamas and IDF partial withdrawal - are set for the Red Sea resort town of Sharm El-Sheikh. Trump had also previously cautioned that Hamas doesn't have much room for negotiations at all.

And yet, the Israeli side may not yet be fully on board either, which could present significant obstacles to achieving a final peace. Times of Israel points out:

Israel’s delegation also departed for Sharm El-Sheikh on Sunday night, even as Prime Minister Benjamin Netanyahu was still attempting to keep his right-wing coalition allies on board with Trump’s ambitious 20-point plan and prevent them from jumping ship and bringing down his coalition. Still, opposition leader Yair Lapid has promised Netanyahu a “safety net” to prevent his government from falling in any Knesset vote as a consequence of the prime minister advancing the deal.

Disapproval within Netanyahu’s coalition is not the only obstacle to reaching an agreement: Hamas has said it is prepared to release the hostages it is holding, subject to certain conditions, but is expected to make additional demands, including as regards the Israeli military’s withdrawal from the Strip and the release of Palestinian security prisoners in exchange for the hostages.

Hamas has indeed added some 'extra' demands such as asking for the release of some top terror chiefs held in Israeli prisons, which Tel Aviv is likely to scoff at.

Israel is said to have halted its Gaza City offensive pending the peace deal, however, heavy bombardment from the air has reportedly continued, with Gaza's Civil Defense most recently saying that 24 people have been killed in the last 24 hours.

And Middle East Eye reports, "Israel has killed more than 100 Palestinians since Hamas agreed on Friday to release all captives as part of the latest US ceasefire plan, with truce negotiations set to begin Monday in Egypt."

"Heavy bombing rocked the Gaza Strip over the weekend, with strikes reported on residential neighborhoods, refugee camps, and aid distribution points," it continues.

Even Egypt, which is playing host to the 'final' talks, is adding to the pressure, with Egypt’s President el-Sisi declaring Monday that "real peace in the Middle East will not be achieved unless an independent Palestinian state is created based on the principles of international legitimacy that restore rights to their rightful owners."

"Take the win," Trump urged...

But those who will be meeting in Sharm El-Sheikh will not be focused on such big picture things as a two-state solution, but instead on restoring a post-Hamas order to the Gaza Strip. Israel is certainly not going to sign on to a full-fledged Palestinian state.

Sisi added that a "ceasefire, the exchange of captives and Palestinian prisoners, redevelopment of Gaza, and the initiation of a peaceful political pathway towards the creation and recognition of a Palestinian state represent the correct track towards lasting peace and stability."

Tyler Durden Mon, 10/06/2025 - 22:25

Sen. Kennedy Just Exposed More Absurd Things Democrats Shut Down The Government For

Sen. Kennedy Just Exposed More Absurd Things Democrats Shut Down The Government For

Authored by Matt Margolis via PJMedia.com,

The Schumer Shutdown dragged through the weekend, with neither side budging. Republicans pushed for a straightforward continuing resolution to keep the government funded through November, but Democrats chose to hold the line for their wish list of radical spending priorities—billions and billions of dollars’ worth—and in doing so, shut the government down. The media has focused on their demand for free health care for illegal immigrants, but that’s just the tip of the iceberg. There’s a lot more buried in this standoff that isn’t getting the attention it deserves.

Sen. John Kennedy (R-La.) took to the Senate floor this week and laid out, in his trademark blunt and hilarious fashion, exactly what Democrats are trying to shut the government down over—and it’s every bit as ridiculous as you’d expect.

“Basically, President Trump just said, ‘We want you to take some stuff out of the budget that we think is wasteful,’” Kennedy began. “And we did — and that upset the congresswoman.”

That “congresswoman,” of course, is Alexandria Ocasio-Cortez (D-N.Y.), who, according to Kennedy, went ballistic when Trump and congressional Republicans started cutting some of the more absurd Biden-era spending priorities.

Kennedy didn’t hold back as he read aloud what Democrats are fighting to restore.

“We found that under President Biden, they were spending $3 million for circumcisions and vasectomies in Zambia,” he said. “We took that out. The congresswoman says, ‘We’re gonna shut down government until you put that back in.’”

And that was just the beginning.

“We found $500,000 of American taxpayer money for electric buses in Rwanda,” Kennedy continued.

“We found $3.6 million for pastry cooking classes and dance focus groups for male prostitutes in Haiti. I kid you not. I’m not making this up. It was in the budget under President Biden.”

Kennedy went on to rattle off even more examples of this insanity:

  • $6 million for media organizations for the Palestinians.

  • $833,000 for transgender people in Nepal.

  • $300,000 for a pride parade in Lesotho.

  • $882,000 for social media mentorship in Serbia.

  • $4.2 million for LGBTQI people in the Western Balkans and Uganda.

Do you think we should be funding that nonsense?

Republicans, Kennedy noted, stripped out each of these items as they tried to rein in wasteful foreign spending. But Democrats—with AOC and the “socialist wing” of the party leading the way—are threatening to shut the government down until every last one of those absurd expenditures is put back in.

“I could spend the rest of the afternoon here,” Kennedy said. “We took all that out. It upset Congresswoman Ocasio-Cortez. It upset the socialist wing of her party. And now they’re threatening all other Democrats and saying, ‘You’ve got to shut that government down until we get what we want.’”

And that, Kennedy concluded, is what this entire budget fight is about—not defending American taxpayers or funding core government services, but holding the government hostage over millions in woke pet projects and bizarre international handouts.

The Schumer Shutdown didn’t happen by accident—it’s the result of Democrats choosing their woke agenda over citizens. Chuck Schumer made his priorities clear, and now the American people are paying the price.

Tyler Durden Mon, 10/06/2025 - 22:00

Is Silver About To Tumble Like in 1980 & 2011

Is Silver About To Tumble Like in 1980 & 2011

Submitted by Jesse Colombo of The Bubble Bubble Report

With silver rallying strongly and rising more than 50% since the start of the year, a growing number of investors are starting to worry that a crash may be coming, similar to what happened after the major spikes in 1980 and 2011, instead of focusing on the incredible long-term opportunity that remains in front of us.

But as one of the few analysts who correctly identified the bull market in both silver and gold from the very beginning, I have consistently urged investors to stop dwelling on negative scenarios and instead recognize the tremendous upside that still lies ahead. This is silver’s moment to shine, and it is also a moment of vindication for those of us who believed in it all along, even when it was ignored by the mainstream financial world and left for dead as recently as just a few months ago.

In this report, I’ll explain why I believe silver will not repeat the sharp collapses that followed its short-lived surges in 1980 and 2011. This time is different. This is a legitimate, sustainable bull market with real staying power and the potential for lasting gains.

To start, I want to show you the long-term chart of silver going back six decades to the 1960s. You’ll notice that there have been three major price surges. The first was the Hunt Brothers–driven spike in 1980, followed by the quantitative easing–fueled rally in 2011, and now the current precious metals bull market. I believe this current move is a legitimate and sustainable bull market that is here to stay, as I will explain throughout this piece.

Now I want you to notice that in both 1980 and 2011, silver surged toward the $50 an ounce level, but that is where those rallies failed and quickly reversed. As a result, the $50 level became a critical price ceiling and resistance level and it still is to this very day.

For the past two years, as I have been calling for a silver bull market, even when silver was still in the $20 range, I consistently pointed to the $50 level as the key one to watch. I believed it would act like a magnet and draw the price of silver toward it, since major psychological levels often have that effect. And sure enough, silver has steadily climbed toward that level, just as I expected.

Now, with silver trading around $47 to $48 at the time of writing, it is extremely close to breaking through the key $50 level, which is a major make or break point. I also want to point out that many investors bought significant amounts of both silver bullion and ETFs during the frenzy of 2011. Unfortunately, when the price plunged afterward, they were left holding the bag, and many have been sitting on losses for the past 14 years.

But once silver finally surpasses $50, which will mark a new all-time high, no silver investor will be sitting on a loss, at least in nominal terms. That fact alone makes the $50 level a critical psychological barrier that will trigger a surge in investor sentiment once silver breaks above it.

Until recently, many silver investors remained deeply discouraged by years of losses and underperformance. But a decisive break above $50 will mark the beginning of an entirely new era for silver and will set off a powerful virtuous cycle. Many more investors will pile in, including new and younger participants who never considered silver before and who are not burdened by the baggage carried by older, battle-scarred veterans. This explosion of interest will help drive silver to incredible new heights.

Now I want to say that I adamantly believe silver is going to surpass $50 and go much higher from there in the near future. However, there is something I want to point out. Because silver has surged so strongly and so quickly, it is a bit extended in the short term, which makes it likely that it will consolidate or pause before eventually breaking through $50. Evidence of this can be seen in the Relative Strength Index (RSI) momentum indicator, shown in the chart below, which provides overbought or oversold readings for assets. I respect what it indicates.

That being said, unlike many amateur investors and analysts, I am adamant that an overbought reading like the current one in silver is not an automatic signal to sell or an indication that the bull market is over. I recommend reading my tutorial on this topic to learn more. There is a very high likelihood that silver will experience a shallow pullback or move sideways for a time to work off its overbought condition. This would conserve energy for the next leg higher, when silver smashes through the $50 ceiling.

Also, refer to my piece from April, when I called on the very day that gold was likely to consolidate temporarily, but not crash. Sure enough, that is exactly what played out in the following months, setting gold up for the impressive rally it is experiencing today. I believe a similar scenario is likely to play out in silver. And honestly, I welcome that because I would rather see silver rise in an orderly, more sustainable way than risk burning itself out. Plus, I would like to accumulate more of everything, including silver bullion, mining stocks, and more! And I’m sure you do too.

Now I want to get to the part of this report where I explain why the current bull market in silver is very different from the ones that failed in 1980 and 2011. The first point I want to make is that while $50 is a key nominal and psychological price ceiling to watch, and I believe silver will break through it decisively, even if it pauses first to work off its overbought condition, it is important to consider how much inflation has occurred over the past several decades. In real terms, the price of silver remains much lower than those previous peaks. That means $50 in 1980 or 2011 is certainly not the same as $50 in 2025, as anyone who has recently been to the grocery store can easily understand.

To illustrate that point, I created a chart showing the real, or inflation-adjusted, price of silver over the past six decades. On the chart, I highlighted what the $50 silver peaks in 1980 and 2011 would be worth in 2025 dollars. It turns out that in 1980, silver reached the equivalent of $199, and in 2011, it reached the equivalent of $72!

Now compare that to today, with silver trading around $47, which is much lower than either of those past peaks. For that reason alone, not even including the additional points I will explain next, I believe the current silver bull market is sustainable, has much more room to run, and should be able to finally smash through the $50 ceiling that has held it back for so long.

To further reinforce my point above, I also want to show you the ratio of silver to the U.S. M2 money supply, indexed to 100. This may be an even more accurate measure of inflation than the Consumer Price Index (CPI) used to create the previous chart. After all, the root cause of inflation is growth in the money supply itself. As Milton Friedman, the Nobel Prize–winning economist, famously said, “Inflation is always and everywhere a monetary phenomenon.”

Similar to what the real silver price chart revealed, this chart shows that although silver is approaching the same nominal price of $50, its real-world price is much lower than it was in 1980 and 2011. For example, in 1980 the ratio was 1,038, in 2011 it was 176, and now it is just 66. I see this as clear evidence that, despite its recent gains, silver’s bull market is nowhere near being long in the tooth. It still has substantial room to rise, and it should be able to blow through the $50 level with ease.

On that note, I also recommend reading my recent report on how the U.S. and global money supply is growing at an alarming rate. I also suggest reading my other report that explains how it is not so much that gold is rising in value, but rather that paper currencies are losing value.

Next let’s move on to another metric that confirms that silver is still much cheaper today than it was at the peaks in 1980 and 2011, despite its recent gains. This time, we will look at the silver-to-gold ratio, which is a useful way to determine whether silver is undervalued or overvalued relative to gold, the leading benchmark in the precious metals market.

While gold has always been more expensive than silver throughout history, the gap between them has varied significantly. At the 1980 peak, silver was 6.7% of the price of gold. At the 2011 peak, it was 3.3%. But now, silver is just 1.2% of gold’s price, which is far below historical levels.

This indicates that silver is extremely cheap by historical standards and still has substantial room for its bull market to continue. And based on the duration of past precious metals bull markets, I believe silver still has at least another decade to run, and the same goes for gold (learn more).

Another eye-opening metric that confirms silver is still extremely cheap is the ratio of silver to the U.S. federal debt, which now stands at $37.8 trillion and is growing at an alarming pace of $1 trillion every 100 days with no signs of slowing. This is an important metric because it shows whether the price of silver has kept pace with the growth of the national debt, and the answer is clearly no.

The chart, indexed to 100, shows that this ratio was 1,377 at the 1980 peak, 87 at the 2011 peak, and only 33 today. This indicates that silver has substantial room to catch up to the expanding national debt. In that context, $50 silver is not expensive by any measure, and a move to $100 or more is far from inconceivable.

Another reason why this ratio is so important is that the higher the federal debt rises relative to GDP, the closer we move to the inevitable breaking point where the government and the Federal Reserve will be forced to support the U.S. Treasury market and fund government operations by running the printing presses on overdrive. This will send inflation through the roof and ultimately destroy the dollar, causing gold and silver to reach prices that are difficult to even comprehend.

This will not be ordinary inflation, but full-blown hyperinflation like what my great-grandparents suffered through in Weimar Germany during the 1920s. It devastated the wealth and economy of Germany and was the reason they emigrated to the United States. Unfortunately, it also led to mass radicalization, which directly paved the way for the rise of Hitler.

Unfortunately, this debt problem is truly a worldwide phenomenon, as global debt has surged more than tenfold since the mid-1990s, reaching an estimated $250 trillion. This towering debt burden is a ticking time bomb that will ultimately bring fiat currencies to their knees. That is why it is of the utmost importance for everyone to acquire at least some physical gold and silver to protect themselves against what lies ahead. This fact alone guarantees that precious metals still have much further to rise.

Another useful way to determine whether silver is cheap or expensive compared to its past is to measure it against another yardstick: the Dow Jones Industrial Average. This comparison is valuable because there is a long-established relationship between precious metals and stocks, with capital rotating back and forth between them in secular phases. In many ways, they act as counterbalances to each other.

The chart of the silver-to-Dow ratio, indexed to 100, shows that silver at its 1980 peak reached an astounding 3,939. At the 2011 peak, it was 282. Today, it is only 68. This confirms that silver remains very cheap, and that $50 is no longer a particularly high price.

The reason for this extremely low ratio is twofold: the U.S. stock market is highly inflated and expensive right now, while silver remains undervalued by nearly every metric. I believe this situation will reverse, with silver far outperforming as stocks decline and their lofty valuations return to more realistic levels. That reversal will benefit precious metals enormously, as trillions of dollars flow out of a sinking stock market and into a booming silver and gold market, sending them dramatically higher.

As we wrap up this report, I want to leave you on an extremely exciting note. Silver has been forming a powerful chart pattern known as a cup and handle for the past six decades. This pattern indicates that once silver breaks out, it will almost certainly soar to at least several hundred dollars an ounce.

I believe a reasonable target is between $300 and $500, and that does not even factor in the inevitability of hyperinflation, which will send silver to prices measured not just in hundreds, but in billions and even trillions of dollars per ounce.

So this brings us back to the critical $50 threshold that I have discussed throughout this report. In order to confirm the cup and handle pattern and the extremely bullish scenario, silver must decisively close above that level. As I said earlier, that will be a game changer for investor sentiment toward silver, because once it happens, nobody who has ever bought will be holding at a loss.

The story will shift from years of frustration to stories of incredible fortunes made, the kind of life-changing, generational wealth that investors dream of. I am excited and waiting for that breakout, but silver may pause for a period of time to catch its breath first, and I actually hope it does because I want to make a few more purchases before it takes off for good.

So in conclusion, I have made the case throughout this report that while silver’s rallies in 1980 and 2011 were short-lived spikes that ended in spectacular crashes and left investors discouraged for decades, the current move is very different. This time, silver is in a sustainable and organic bull market in which prices will rise significantly and remain at those high levels permanently.

One of the key reasons that outcome will happen is because silver today is much cheaper than it was in 1980 and 2011 when measured against multiple benchmarks, including inflation, the money supply, gold, the U.S. national debt, and the stock market. These are extremely exciting and promising times for precious metals investors, and I am grateful to have you on this journey with me. I hope you prosper greatly in the years ahead.

Tyler Durden Mon, 10/06/2025 - 21:40

Most Of The World's Largest Trash Heaps Are In The US

Most Of The World's Largest Trash Heaps Are In The US

Most of the world’s largest trash heaps are in the United States.

As Statista's Anna Fleck details below, according to crowdsourced data verified by the collaborative online platform Waste Atlas, the former dumpsite Fresh Kills tops the list. The site is estimated to contain 220 million tonnes of waste, including debris from the September 11 attacks. It closed in 2001 and a public park is now being built on top of it.

 The World's Biggest Trash Heaps | Statista

You will find more infographics at Statista

Fresh Kills was historically established as a dumpsite in the mid 20th century, at which time it lacked the environmental safeguards, such as impermeable liners and leachate collection systems, to safely contain and manage waste in a way that would qualify as a sanitary landfill site.

The other major unregulated dumpsite to appear on this list is the Great Pacific Garbage Patch, found in the North Pacific Ocean between Hawaii and California. It is thought to measure 100 million tonnes. However, estimates vary considerably, with The Ocean Cleanup project suggesting the patch contains closer to 100,000 tonnes of garbage. This is partly due to the fact it does not have a defined boundary as it is made up of floating plastic and microplastics, which are constantly in motion due to ocean currents and winds.

As the following chart shows, Sudokwon landfill in South Korea is the only other site in the roundup outside of the United States. Containing 65 million tonnes of waste, it comes in rank four. The site is expected to stop accepting non-incinerated waste next year due to limited capacity, according to The Korea Times.

The U.S. faces a major waste problem, with a high reliance on single-use and disposable plastics as well as a culture of low recycling and composting rates. According to environmental health consultancy CLYME Environmental, the U.S. could run out of existing landfill space by 2036.

Tyler Durden Mon, 10/06/2025 - 21:20

Clarifying Putin's Comments About Poland's Pre-World War II Policy

Clarifying Putin's Comments About Poland's Pre-World War II Policy

Authored by Andrew Korybko via Substack,

Putin commented on Poland’s pre-World War II policy during the Q&A session that followed his speech at the Valdai Club’s latest annual meeting. Before clarifying what he said, readers should review this piece here about why Putin spent so much time talking about Poland in last year’s interview with Tucker, this one here about whether he really justified the Nazis’ invasion of Poland, and this one here about the Molotov-Ribbentrop Pact.

With this context in mind, here are Putin’s latest words on this subject:

“Poland made many mistakes before World War II. After all, Germany offered them a peaceful resolution to the Danzig and Danzig Corridor issue, but the Polish leadership of the time categorically refused and ultimately fell first victim to Nazi aggression.

And Poland completely rejected something else—but historians probably know this—at that time, Poland refused the Soviet Union’s aid to Czechoslovakia. The Soviet Union was prepared to do so; we have documents in our archives, I’ve read them all myself. When the notes were written to Poland, Poland said it would under no circumstances allow Russian troops to aid Czechoslovakia, and if Soviet planes flew, Poland would shoot them down—and ultimately, it fell first victim to Nazi aggression.

If today’s top political family in Poland also remembers, understanding all the complexities and twists and turns of historical eras of various kinds, and it keeps these mistakes in mind when consulting with Pilsudski, then this would actually be a good thing.”

His reference to “consulting with Pilsudski” was due to him being asked about new Polish President Karol Nawrocki humorously going along with an interviewer playfully wondering whether he does this in the Belweder Palace where Poland’s famous independence hero and interwar leader resided. Russian media misunderstood the “infotainment” purpose of him participating in this gag, however, and unironically reported on it in full seriousness. With that out of the way, it’s now time to clarify Putin’s comments.

He’s arguably making two historical points that he then hopes his new Polish counterpart will generalize and consequently apply in the present. They’re that World War II might have been avoided had Poland allowed the Soviets to come to Czechoslovakia’s aid against Nazi Germany or then later peacefully resolved their own dispute without resisting and officially embroiling its formal British and French mutual defense allies in what ultimately became a continental tragedy. This is the Russian position.

As for the Polish one, they feared that the first scenario would lead to the Red Army seizing the Polish-controlled parts of Western Belarus and Ukraine that they partitioned after the Polish-Bolshevik War, thus coercing Poland into becoming a Soviet client state after the Nazis’ defeat. Regarding the second scenario, they feared that ceding Danzig would lead to more cessions of formerly Prussian-partitioned Poland, thus coercing Poland into becoming a Nazi client state. It’s unimportant whether one agrees.

Both schools of thought on this were only shared so that readers can make up their own minds. Moving along, the two historical points that Putin made from the Russian position can be generalized as Poland having made major mistakes by not letting Moscow preemptively deal with a latent security threat to Europe and then rejecting a political deal for preventing a larger war afterwards, despite how flawed it was. Again, one doesn’t have to agree, but this is arguably the essence of what Putin was conveying.

The first generalized point relates to contemporary times in the sense of Poland having made a major mistake by backing February 2014’s coup in Ukraine instead of letting the deal that it agreed to with France, Germany, and Ukraine with Russia’s blessing unfold for de-escalating growing East-West tensions. Regarding the second, it’s relevant with respect to Poland colluding with the UK to sabotage spring 2022’s peace talks, after which what could have otherwise been a minor war exploded into a larger one.

These complementary mistakes in contemporary times contributed to bringing Europe to the brink of another tragedy. Putin thus hopes that Nawrocki will understand the generalized points that he sought to convey via his critiques of Poland’s pre-World War II policy given the latter’s prior role as his country’s top historian. If he does, then he might apply them to the present by encouraging a political solution to the Ukrainian Conflict instead of helping the West escalate tensions at the risk of sparking World War III.

Nawrocki importantly didn’t rule out talking with Putin if Poland’s security depended on it when asked about this in an interview several days before his Russian counterpart’s comments. His predecessor Andrzej Duda, previous Prime Minister Mateusz Morawiecki, and his successor Donald Tusk had and have no interest whatsoever in talking to Putin about anything no matter the circumstances. For this reason, Nawrocki’s approach is pragmatic and even brave given the domestic Polish political context.

This doesn’t mean that he’ll soon call Putin, just that Putin was likely aware of what Nawrocki said and tried to convey – however wonkishly and indirectly – that he’d be receptive to any outreach from him. That’s what Putin’s comments on Poland’s pre-World War II policy aimed to achieve. They weren’t meant to blame Poland for World War II like some might imagine, but to prevent World War III given Poland’s central role in that prior tragedy and the one that might still happen if tensions spiral out of control.

Tyler Durden Mon, 10/06/2025 - 20:20

New Syrian Parliament 'Overwhelmingly Sunni, Male' Following Controlled Vote

New Syrian Parliament 'Overwhelmingly Sunni, Male' Following Controlled Vote

Via The Cradle

Syrian religious minorities and women will be underrepresented in Syria's new parliament following an election that was tightly controlled by self-appointed Syrian President Ahmad al-Sharaa and in which the Syrian public was not allowed to vote.

Preliminary results of the election published on Monday show that of the 119 new lawmakers, only six are women, while just 10 come from Syria's Turkmen, Kurdish, Alawite, and Christian populations, Reuters reported. One election observer speaking with the news agency described the new parliament as "overwhelmingly Sunni Muslim and male."

Via Associated Press

"The observer also said the short appeal window severely restricted the ability to file objections and undermined the integrity of the process," Reuters added.

Unsuccessful candidates had until 5:00 pm local time to appeal the outcome. The 119 lawmakers were elected through a vote in which 6,000 members of regional electoral colleges chosen by Sharaa were allowed to participate.

Syria's minorities were further excluded following the decision by Syrian authorities not to hold elections in the Druze-controlled governorate of Suwayda and Kurdish-controlled governorates of Raqqa and Hasakah, citing “security concerns.”

As a result, the 21 parliamentary seats for those regions will remain indefinitely empty. Sharaa, the former Al-Qaeda and Islamic State in Iraq commander, will also appoint the final 70 lawmakers to complete the 210-member legislative body, ensuring Syrians have no voice in the outcome.

Syrian authorities claimed they could not allow Syrian civilians to participate due to a lack of reliable population data and because many of them may not have IDs following the 14-year war.

One day before Sunday's vote, AP reported many Syrians were unaware that the first parliamentary elections since the fall of the government of former Syrian president Bashar al-Assad were about to take place, in part because the public was not allowed to participate.

“There were no candidate posters on the main streets and squares, no rallies, or public debates. In the days leading up to the polling, some residents of the Syrian capital had no idea a vote was hours away,” AP stated. 

In 2011, the US, Israel, and allied states launched a covert war to topple Assad's government. Hundreds of thousands of Syrians were killed as the war dragged on for 14 years.

The US and western powers opposed Assad, calling him authoritarian, only to install Sharaa, a former UN-designated terrorist, in power in December 2024. Since then, Sharaa has built a shadow fundamentalist religious state ruled by sheikhs from Hayat Tahir al-Sham (HTS), the former Al-Qaeda affiliate he headed.

Christian-majority areas now being represented by Sunni Salafists and fanatics...

In March, Sharaa's security forces and affiliated extremist armed groups massacred at least 1,500 Alawite civilians, including elderly men, women, and children, across dozens of locations on the Syrian coast.

Syrian forces carried out similar massacres against members of Syria's Druze religious minority just four months later in the southern Suwayda Governorate. The victims included at least 167 civilians, among them 21 children and 57 women, SOHR reported.

In both the coast and Suwayda, Syrian security forces executed unarmed civilians in their homes and in the streets based on their religious identity. 

Tyler Durden Mon, 10/06/2025 - 20:00

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