New Ukrainian army chief has a dark past
He rose to prominence during the 2014 Kiev coup
He drove over barricades in Donbass with an APC, crushing resistance to the Kiev regime
Wanted in Russia for war crimes.
🇬🇧JUST IN: HMRC recovers over £8 MILLION from 502 crypto investors in tax settlements.
The settlements came through HMRC's crypto disclosure facility, which lets holders declare unpaid taxes before a formal investigation is opened.
The UK Treasury is targeting £315 MILLION in crypto tax revenue by 2030 from an estimated 7 MILLION holders.
🚨 BREAKING
🇨🇳 CHINA HAS DUMPED $663 BILLION IN U.S. TREASURY HOLDINGS.
IT NOW HOLDS JUST $659 BILLION - THE LOWEST LEVEL SINCE 2008.
MEANWHILE, CHINA'S GOLD RESERVES HAVE PUMPED FOR 17 MONTHS IN A ROW, TO $303 BILLION - A NEW HIGH.
IT HAS ALREADY BOUGHT NEARLY TWICE AS MUCH GOLD THIS YEAR AS IT DID IN ALL OF 2025.
THEY’RE EXITING THE SYSTEM...
Iran has declared a Royal Air Force base in Gloucestershire UK a legitimate military target. The reason the Revolutionary Guard gave is that America ran out of missiles on its ships.
Their statement is precise. US forces had been firing cruise missiles from vessels in the Indian Ocean. Those stocks ran down, so the campaign switched to B-1 bombers flying from Fairford in England. Any base used to attack Iranian territory, they said, is a legitimate goal.
Tehran is reading American magazine depletion as the reason British soil entered this war.
The depletion claim is however unproven. The switch is not. Flight trackers watched a B-1 leave Fairford on Tuesday night and turn toward Iran, an aircraft rated to carry two dozen 2,000 pound bombs. Within hours of the Iranian statement, American electronic warfare aircraft landed at that same base.
There is a ladder behind this. Earlier in the war a hangar at RAF Akrotiri in Cyprus was hit by an Iranian-made drone launched out of Beirut. Iranian ballistic missiles were fired at Diego Garcia and missed or were intercepted. Now a base in England has been named. Struck, then fired at, then named, and the third one is the mainland.
Iran FM Araghchi widened it past bases. Anyone contributing to the aggression, whatever the kind of support, becomes a legitimate target. The IRGC statement also made veiled threats toward the British monarchy.
Iranian doctrine has never been to beat the American air force. It moves the cost from the shooter to the landlord. Kuwait's power and water plant. Jordan's runways. Now an English county in the Cotswolds.
Downing Street's answer was that Britain's approach is unchanged, that it will defend its people and its allies, and that it wants to avoid being drawn into a wider conflict.
It is hosting the bombers flying that conflict.
Munitions arithmetic has geography. Every empty launcher at sea makes the next runway more valuable, and every valuable runway makes its host more exposed.
I was doing research in the Firestone Library at Princeton University.
One of the professors there, who had known Einstein, asked me what I was trying to research so intensely.
I said I wanted to understand why all governments rise and then crash and burn throughout the centuries.
He then said to me that I reminded him of Einstein. I was taken back. He then explained to me that the subject didn't matter.
Instead, it was curiosity, which is the mother of all discovery.
Without someone being curious, human society would stagnate.
To be in the top 50% of earners in the UK, do you know how much you need to earn?
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This is very compassionate of the Minister.
He sent his daughter to the UK to become a lawyer so that other Nigerian youth can take student loans and attend local universities.
While he was there, he also looked for foreign investors.
What else?
He flew with Air Peace, boosting the Nigerian economy; those flowers are from Mambila in Taraba.
Context matters
(Did I say it right?)
America is 12 nights and 37.5 billion dollars into a bombing campaign its own CIA has already told the White House will not work.
The assessment landed Monday. Nights 11 and 12 flew anyway.
Written primarily by the CIA and briefed to the Trump administration, it finds that strikes of the kind now underway are unlikely to move Tehran's negotiating position, and that the two governments are stuck in what the analysts call an indefinite limbo between peace and war.
Those agencies have already been proven right once, at the highest stake available.
A week before the war opened, the American National Intelligence Council modelled two paths, a narrow strike on Iran's leadership and a wider assault on the state itself. Both returned the same answer. Succession protocols would run, the clerical and military establishment would keep control, and a fragmented opposition would not take power.
Then American and Israeli strikes killed Ali Khamenei on day one. Iran had a new Supreme Leader inside nine days. The Revolutionary Guard backed him. Mojtaba Khamenei is reportedly injured and has not appeared publicly since, and the office, the chain of command and the coercive apparatus carried on regardless.
That is the target nobody can actually bomb. Not Pickaxe Mountain. The machinery that replaces dead Irani / IRGC leaders.
CENTCOM says night 12 struck maritime capabilities, missile and drone storage, coastal surveillance and air defences. Nine commercial vessels redirected under the blockade, one disabled, more than 50,000 American personnel deployed. No locations, weapons or damage assessment released.
The hardware score is real. The political score has not moved in five months.
Escalation is loading regardless. A B-1 flew the first heavy bomber mission of this phase on Tuesday, reportedly from a British base, payload undisclosed. B-2s and B-52s flew earlier in the war and neither is confirmed now. The B-2 carries the 30,000 pound penetrator, and Pickaxe Mountain is estimated at 80 to 100 metres deep against a published penetration reach near 60.
Entrances can be sealed. Access can be collapsed. However nobody can promise the whole complex.
Two assessments, five months apart, reached the same conclusion. The bombers flew both times.
BREAKING: 🇺🇸 BILLIONAIRE ANTHONY SCARAMUCCI JUST ANNOUNCED LIVE ON CNBC THAT DEMOCRATS WILL VOTE TO PASS THE CRYPTO MARKET STRUCTURE BILL
"YOUNG DEMOCRATS DON'T WANT TO GO UP AGAINST CRYPTO"
"IF IT GETS TO THE FLOOR, IT'S GOING TO PASS"
IT’S FINALLY HAPPENING 🚀
🎥WATCH: Mark Cuban explain why the data center boom will eventually collapse -
“Everybody thinks there’s going to be so much more utilization and there will be, but there’s going to be technological breakthroughs as well."
"Just like we saw with fiber when it went from 1GB to 100GB and then there wasn’t a fiber problem anymore."
"A lot of these data centers are going to end up as pickleball courts."
As Russia increases the pressure on the battlefield, Ukraine attacks civilian targets with drones in Moscow in an attempt to provoke Putin and widen the war to NATO countries. BTW most of the drone development and manufacturing of Ukraine is taking place in the UK. Which makes us a legitimate war target. Is our Governments policy on Ukraine making us safer or more insecure in the UK?
Is this why President Putin reclassified the Special Military Operation as war ?
https://t.co/a5XhcIjhPQ
On the 11th night of bombing Iran to stop it enriching Uranium, Washington approved a nuclear deal that could let Saudi Arabia start. The Saudi Crown Prince has said publicly that if Iran ever gets a bomb, he will build one too. And Secretary of State Marco Rubio co-sponsored the bill demanding Riyadh never be allowed to enrich at all.
That bill set two conditions. Saudi Arabia had to renounce enrichment and reprocessing permanently, and sign the IAEA's Additional Protocol, which lets inspectors chase undeclared sites, not just declared ones. Sec. Rubio's own statement clearly said civil nuclear talks should stop until both were met. The 2009 UAE agreement contains both, which is why specialists call it the gold standard. The Saudi deal, according to CNN and AP, contains neither.
The agreement is not law. It goes to the US Congress, obviously faces bipartisan resistance, and builds no centrifuge hall tomorrow.
Pickaxe Mountain, which POTUS Trump says gets hit "pretty soon, and very heavily," has not been struck, is not publicly proven to hold enrichment, and was most likely built to replace the centrifuge assembly plant destroyed near Natanz. Iran calls it exactly that.
The two files are not equivalent either. Iran enriched to 60%, holds a stockpile the IAEA can no longer locate/verify, and has shut inspectors out. Saudi Arabia led by MBS has built no enrichment industry at all.
The simplest reading of the timing is insurance. Washington's stated fear is that refusing Riyadh pushes it toward Chinese or Russian suppliers, where America sees nothing. That is real. So is the other half. If 11 nights of severe bombing do not finish Iran's program, the Crown Prince MBS has already said what he does next, and this agreement decides whose centrifuges he uses when he does it.
The American condition has moved too. Back in 2009 a partner surrendered enrichment permanently and opened its whole program. In 2026 a partner may enrich, provided America designs the plant, writes the safeguards and keeps a hand on the switch. Nonproliferation is not being abandoned. It is being turned into a licence.
Every strike also teaches Iran / IRGC to build deeper, deeper means less verifiable, less verifiable means more strikes. Secretary of War, Pete Hegseth told the Senate that American forces can reach anything on earth. Pete did not say they could confirm what survived underneath.
The bombing is the policy. The deal is the hedge.
Three rival AI labs have contracted to rent SpaceX's computers for roughly 27.8 billion dollars a year, the largest being Anthropic paying 1.25 billion a month. That is why Grok could be released free tomorrow and SpaceX would barely feel it.
The compute is Colossus scale, already leased to its own competitors. The app layer arrives through a 60 billion dollar agreement to buy Cursor, expected to close this quarter. The massive defense position is already cleared, one of only 8 AI firms permitted on classified military networks, with reported talks to sell the Pentagon billions in capacity still unsigned. The orbital path is an FCC filing for up to 1 million compute satellites at about 120 kilowatts each, first prototypes in 2027.
Google and Microsoft own compute and apps too. Owning the stack is not rare. Neither of them owns a rocket right?
The binding constraint on frontier AI stopped being weights. It is watts. Every large data center on Earth is capped by grid power and by water for cooling, which is why they are now built beside power plants and why interconnect queues run for years. Orbit removes both ceilings. Permanent sunlight, zero water.
Orbit does not remove heat. In vacuum there is no air and no water, so waste heat can only be radiated, which is why each of those satellites carries roughly 110 square meters of radiator. A grid problem becomes a radiator problem, and that trade only pays at a low enough cost per kilogram to orbit. That is the one number this company controls better than anyone alive.
Every one of those rental contracts allows early termination. The largest tenant alone is more than half the 27.8 billion, and it can walk. SpaceX spent 7.7 billion on AI hardware in the first quarter against 4.7 billion of total revenue and a 4.28 billion loss. It spent more on machines in three months than the whole company earned. Musk also open-sourced an early Grok in 2024 and almost nothing happened.
The $SPCX stock broke below its June IPO price this month. The position underneath it has never been stronger, or less proven.
The market is still pricing weights. The scarcity is WATTS!!!
The piece works out what an AI company is worth when the AI is the cheap part.
Banks tell you Bitcoin is too risky
The same banks will happily lend you £50,000 for a depreciating car
One could fall in value
The other almost certainly will
Do you understand?