Tag: WorldNews

Pro-EU Ruling Party Wins Armenia Election In Landslide, Kremlin Blasts Western Interference Armenian Prime Minister Nikol Pashinyan's party has won parliamentary elections, according to Monday's result, after a vote which has signified the small Caucasus nation's major pro-Western shift. His Civil Contract party secured 49.81 percent of the vote, while the main opposition party Strong Armenia - seen as pro-Moscow, finished a distant second with 23.29 percent. National turnout in the country of three million people was close to 60%. Pashinyan claimed a "historic victory that will ensure Armenia’s eternity and development" while also vowing to "continue the course of rapprochement with the West" - but

Street Unrest In Albania After PM Says Pristine Land 'Belongs' To US-Saudi Investors  Authored by Jake Johnson via Common Dreams Albanians took to the streets in droves for the eighth consecutive day on Sunday to protest a proposed $1.6 billion luxury resort complex backed by US President Donald Trump’s son-in-law, Jared Kushner, one of several investors in the project, which opponents say is both corrupt and disastrous for wetlands and wildlife. “One week

10 Enduring Lessons From Adam Smith Authored by Nikolai G. Wenzel via The Daily Economy, Adam Smith (1723-1790) is widely considered to be the father of modern economics. There were precursors, such as the School of Salamanca and the French Physiocrats, but Adam Smith's 1776 magnum opus, "An Inquiry Into the Nature and Causes of the Wealth of Nations," was the first comprehensive treatise.

Apollo And Blackstone Raise $35 Billion For Anthropic In One Of The Biggest Ever Private Credit SPV Deals Back in January, when we profiled Meta's landmark $27.3 billion SPV deal named "Beignet" for the Hyperion data center located in Louisiana, in which Blue Owl provided the private credit, we said to "expect hundreds of billions of these in 2026." As a reminder, META is already neck deep in off-balance sheet debt. Here is a schematic of its $27.3 billion SPV with Blue Owl "Project Beignet" for the Hyperion data center. None of this touches META's balance sheet. Expect hundreds of billions of these in 2026 https://t.co/794EgSiiZ9

Report Says Cuba Mobilizing Militias As U.S. Invasion Fears On The Rise Weeks after Cuba's leader warned that any U.S. military action against the communist-controlled Caribbean island nation would be a "bloodbath" and risk destabilizing the region, local media reported that the regime had begun handing out weapons to ordinary citizens. Other reports, however, dispute that claim and suggest Havana is instead mobilizing its territorial militias. Either way, the signal is hard to ignore: Cuba is shifting into a higher defensive posture. Venezuelan news outlet

Tiny X-Ray Telescope Could Unlock The Moon's Hidden Chemistry Authored by Tokyo Metropolitan University via ScienceDaily, Researchers at Tokyo Metropolitan University have used simulations to show that a small, newly developed X-ray telescope could help create a chemical map of the entire lunar surface. Such a map would be a major step toward understanding how the Moon formed, changed, and evolved over time.

4 In 10 American Adults Report Having 'Mental Health' Problems Over the past few years, a lot of progress has been made in accepting and understanding mental health problems. Having long been seen as a sign of weakness, mental health issues in their many varieties and severities have become much less of a taboo. As Statista's Valentine Fourreau notes, the pandemic, which left many people feel isolated, powerless or overwhelmed, accelerated that trend, as it not only caused a spike in symptoms of anxiety or depression, but also led more peop

Chinese Article Warns VPN Use Alone Can Trigger Punishment Under Expanding Censorship Regime Authored by Michael Zhuang via The Epoch Times, A widely circulated Chinese social media article warning that internet users can be punished simply for bypassing China's online censorship system has drawn attention to what observers say is an expanding clampdown on access to the global internet. The article, published June 2 on Chinese social media WeChat and later archived by California-based nonprofit China Digita

OpenAI Files Confidentially For IPO, Joining SpaceX and Anthropic In Capitalizing On AI Frenzy The rush by AI companies to go public before the window closes (i.e., "market conditions" emerge) entered its final lap late on Monday, when OpenAI joined its two mega peers in filing for a blockbuster IPO that could value the ChatGPT creator at more than $1tn as it races rival Anthropic to list its shares publicly, following an imminent offering by SpaceX. OpenAI said it had confidentially submitted a draft IPO prospectus to the US Securities and Exchange Commission, formally kicking off the process for one of the year’s most hotly anticipated debuts. The company is also planning to launch a tender sale of its shares to provide liquidity to employees in the coming

How A Tiny Insect Decimated Florida's Citrus, And What Orchardists Are Doing About It Authored by Jacob Burg via The Epoch Times, Lifelong citrus farmer Sidney Tillett cut a path through a grove that has endured in his family for four generations, stopping his SUV between two rows of trees. On one side was a long plot of lush green saplings, covered with protective mesh bags tied to stakes in the ground.