01 Mar 2026 14:50:19 - U.S. SAYS THREE U.S. SERVICE MEMBERS HAVE BEEN KILLED IN ACTION AS PART OF IRAN OPERATION -CENTCOM
Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say
Two consecutive @Reuters headlines just now. How long before Donald Trump has to change course?
01.03.2026 15:14 β
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Get Your War On cartoon
Having flashbacks to the last time
28.02.2026 16:01 β
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In subscribers' inboxes now
28.02.2026 11:16 β
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Thinking of the expat I spoke to the other day who told me he had moved from London to Dubai "to feel safe".
28.02.2026 10:38 β
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Trump says US carrying out 'major combat operations' in Iran
an hour ago
We have now hear from U.S. President Donald Trump. In a video posted on social media, he said:
"A short time ago the U.S. military began major combat operations in Iran."
"Our objective is to defend the American people by eliminating imminent threats from the Iranian regime."
Iran "can never have a nuclear weapon."
"We sought repeatedly to make a deal."
Iran "attempted to rebuild their nuclear programme."
Iran is developing long range missiles that threaten the U.S. and others."
"We are going to destroy their missiles and raze their missile industry to the ground."
"Weβre going to annihilate their navy."
"We will ensure that Iran does not obtain a nuclear weapon."
I must have missed the bit where Congress authorised this
28.02.2026 08:44 β
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I spent yesterday afternoon teaching my students about the Trump AI strategy that Dean largely wrote, with additional material from his substack. This is a remarkable statement for him to make.
28.02.2026 01:59 β
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Dario Amodei is the surprise new favourite
bsky.app/profile/pete...
27.02.2026 22:40 β
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Like weaponised interdependence, but against your own companies
27.02.2026 22:32 β
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The Week in Breakingviews
Insights from Reuters global financial commentary team
By Peter Thal Larsen, Global Editor
Just signed off on a brand new edition of The Week in Breakingviews. Packed with insights on the fight for Warner Brothers, US tariffs, water-guzzling data centres, and much more from the @breakingviews.reuters.com team. Click here to get it in your inbox tomorrow:
www.reuters.com/newsletters/...
27.02.2026 17:42 β
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The firms are using repo-like loans from one particular investment bank to mask debt, the letter says.
π
27.02.2026 16:38 β
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I fear you've missed the point. The question here is whether AI has affected employment so far, as some have suggested, not whether it will do so in future. And the argument is simply that there are other factors which explain the slowdown.
26.02.2026 12:56 β
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Documents, foreign law-enforcement officials and the people familiar with Binanceβs operations said the same conduct that broke the sanctions and anti-money-laundering laws has persisted at the exchange. And the law-enforcement officials said that, over the past year, Binance has started cooperating far less with their requests to obtain financial information about its hundreds of millions of users, such as by declining to provide customer details without a court order, or insisting requests are submitted via formal channels that can take months.
Internal reports submitted by Binanceβs financial-crime investigations team connected accounts registered to Chinese clients to digital wallets that U.S. and Israeli authorities said were used by Iran to finance its proxies. In total, $1.7 billion flowed over 2024 and 2025 from the accounts, which funded Iran-backed groups including Yemenβs Houthi militants. The investigations team was composed of experts in sanctions and counterterrorist financing, many put in place as part of Binanceβs pledges to reform.
I realise the Trump administration seems relaxed about enforcing sanctions and money-laundering rules, but it's still amazing that the crypto firm whose founder was jailed and then pardoned by Trump is still helping the Iranians move money around.
www.wsj.com/finance/curr...
24.02.2026 11:51 β
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Pharma companies submit new drugs for extensive testing before they are used by humans. Aviation regulators will ground an entire fleet of aircraft until a problem is fixed. Yet this multi hundred-billion dollar industry is just letting employees fiddle around until something goes seriously wrong.
23.02.2026 16:29 β
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"The odds of the Supreme People's Court of the People's Republic of China scotching levies on U.S. goods are effectively nil." π
23.02.2026 10:54 β
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The Supreme Court Ruling Was Bad for Business
... at least for a little while
*taps mic*
It pains me to announce that I may have generated a "hot take"
mostfavourednation.substack.com/p/the-suprem...
22.02.2026 21:28 β
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Alan Partridge
21.02.2026 18:22 β
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My compatriots are really very good at skating π³π±
21.02.2026 16:30 β
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Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court, please let this statement serve to represent that I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been βrippingβ the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level. During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of Making America Great Again - GREATER THAN EVER BEFORE!!! Thank you for your attention to this matter. President DONALD J. TRUMP
Trump raises the Section 122 worldwide tariff on everyone to 15% (for 5 months). I guess he needs the money.
21.02.2026 16:19 β
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The Week in Breakingviews
Insights from Reuters global financial commentary team
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By Peter Thal Larsen, Global Editor
Welcome back! The U.S. Supreme Court has struck down President Donald Trumpβs emergency tariffs. Does this mean the global trade war is over? Let us know what you think. If this newsletter was forwarded to you, sign up here to get it in your inbox every weekend.
Note: Links in this newsletter require a Breakingviews subscription. To sign up for a free trial, click here.
Opening line
ββThe falcon cannot hear the falconer,β William Butler Yeats wrote at the beginning of βThe Second Comingβ. In the turbulent world of private credit, it seems Blue Owl can no longer hear the owler.β
Read more: Blue Owl picks private creditβs path of pain.
The latest edition of The Week in Breakingviews is in subscribersβ inboxes, with thoughts on an outbreak of shareholder activism, the defence company growing faster than the Mag 7, and the demise of vaccines. If youβre not already receiving it, sign up for free here:
www.reuters.com/newsletters/...
21.02.2026 11:50 β
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Why would you doubt the accuracy of a quarterly attestation from a company based in El Salvador? π
21.02.2026 11:40 β
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Chart of Tetherβs equity ratio
For all the talk of cryptocurrencies going mainstream, this is the wobbly pillar on which the edifice rests: Tetherβs stablecoin has a shrinking cash buffer and has parked more of its assets in bitcoin, gold and other illiquid investments. Via @liamproud.bsky.social
www.reuters.com/commentary/b...
21.02.2026 09:26 β
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