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  <channel>
    <title>ZeroHedge News</title>
    <link>https://www.zerohedge.com</link>
    <description/>
    <language>en</language>
    
    <item>
  <title>UK Prime Minister Keir Starmer Expected To Resign On Monday: Report</title>
  <link>https://www.zerohedge.com/markets/uk-prime-minister-keir-starmer-expected-resign-monday-report</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;UK Prime Minister Keir Starmer Expected To Resign On Monday: Report&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;article&gt;&lt;p&gt;&lt;strong&gt;Keir Starmer's premiership appears to have entered its final act.&lt;/strong&gt; Just over a week after Andy Burnham stormed back into Parliament with a crushing by-election win, the Prime Minister is - according to senior Labour figures cited by &lt;em&gt;&lt;a href="https://observer.co.uk/news/politics/article/starmer-expected-to-resign-on-monday-and-set-out-orderly-exit"&gt;The Observer&lt;/a&gt;&lt;/em&gt; - preparing to set out a timetable for his own departure, with a "clear statement" possible as early as Monday.&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="https://assets.zerohedge.com/s3fs-public/inline-images/WLYJLQLDGJKA7LGWEY55EAE6A4_jpg.jpg?itok=LwBAI-iQ" data-link-option="0" href="https://assets.zerohedge.com/s3fs-public/inline-images/WLYJLQLDGJKA7LGWEY55EAE6A4_jpg.jpg?itok=LwBAI-iQ"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="a524700f-e88a-4eca-b6c8-82500b618354" data-responsive-image-style="inline_images" height="376" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/WLYJLQLDGJKA7LGWEY55EAE6A4_jpg.jpg?itok=LwBAI-iQ" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;Peter Macdiarmid/Pool via REUTERS&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;&lt;strong&gt;It would be a remarkable collapse.&lt;/strong&gt; Starmer led Labour to a landslide less than two years ago. He now looks unable to command the confidence of his own benches for much longer, with cabinet ministers, union leaders and donors reportedly among those who have been involved in the conversations about his future.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Burnham, the outgoing Greater Manchester mayor, did not just win Makerfield - he buried it.&lt;/strong&gt; Official figures show him taking 24,927 votes, 54.8% of the total, beating Reform UK's Rob Kenyon by a 9,231-vote margin in a seat where Nigel Farage's party had been threatening to turn Labour's crisis into a rout. The result gives Burnham the Commons seat he needs, clears his path to a leadership challenge, and leaves Starmer's position looking terminal.&lt;/p&gt;

&lt;p&gt;Also, Starmer's former Chief of Staff - Morgan McSweeney - was the sacrificial lamb in the Mandelson scandal (recall that Starmer appointed Jeffery &lt;a href="https://www.zerohedge.com/political/former-uk-cabinet-minister-accused-leaking-bombshell-financial-data-epstein"&gt;Epstein pal&lt;/a&gt; Peter Mandelson as the UK's ambassador to the US). McSweeney also &lt;a href="https://www.zerohedge.com/political/clandestine-campaign-defund-zerohedge-federalist-breitbart-traced-kier-starmer-operation"&gt;targeted&lt;/a&gt; &lt;em&gt;Zerohedge&lt;/em&gt;, &lt;em&gt;The Federalist&lt;/em&gt; and &lt;em&gt;Breitbart&lt;/em&gt; in a clandestine campaign against alternative-media outlets. He resigned in February, two weeks before Mandelson was arrested on suspicion of passing insider info to Jeffrey Epstein in 2009, when he was serving as Business Secretary.&lt;/p&gt;

&lt;h2&gt;Markets Eye The Monday Open&lt;/h2&gt;

&lt;p&gt;The political risk did not go unnoticed by bond traders. UK 10-year &lt;a href="https://www.zerohedge.com/political/uk-gilt-yields-spike-burnham-win-opens-door-oust-starmer"&gt;gilt yields&lt;/a&gt; climbed to 4.84% on Friday, up roughly 0.09 percentage points on the session, as markets weighed Burnham's victory, domestic political uncertainty, and the possible fiscal implications of a future leadership bid.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/bfm8F99_jpg.jpg?itok=Ynt-1PPp" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/bfm8F99_jpg.jpg?itok=Ynt-1PPp"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="ff696aab-9bbb-43eb-8a13-57660ac9ec41" data-responsive-image-style="inline_images" height="306" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/bfm8F99_jpg.jpg?itok=Ynt-1PPp" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;With markets shut over the weekend, the next read comes at Monday's open, and any Starmer statement setting out an exit timetable will land straight into it.&lt;/p&gt;
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  "name": "Starmer out by June 22, 2026?",
  "description": "Prediction market: Yes 63% · No 37% on Polymarket.",
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&lt;/script&gt;&lt;figure aria-label="Polymarket prediction market: Starmer out by June 22, 2026?" class="polymarket-embed" id="polymarket-starmer-out-by-june-22-2026" itemscope="" itemtype="https://schema.org/WebPage" style="position:relative;display:inline-block;margin:0"&gt;&lt;iframe allowtransparency="true" frameborder="0" height="300" src="https://embed.polymarket.com/market?market=starmer-out-by-june-22-2026&amp;theme=dark&amp;height=300" title="Starmer out by June 22, 2026? — Polymarket Prediction Market" width="400"&gt;&lt;/iframe&gt;

&lt;figcaption style="position:absolute;width:1px;height:1px;padding:0;margin:-1px;overflow:hidden;clip:rect(0,0,0,0);white-space:nowrap;border:0"&gt;&lt;strong&gt;Starmer out by June 22, 2026?&lt;/strong&gt;&lt;br /&gt;
Yes 63% · No 37%&lt;br /&gt;&lt;a href="https://polymarket.com/event/starmer-out-in-2025"&gt;View full market &amp; trade on Polymarket &lt;/a&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;p&gt;&lt;strong&gt;Burnham is due to be sworn in as an MP on Monday and to meet Starmer early in the week&lt;/strong&gt;, with a cabinet meeting scheduled for Tuesday. Senior Labour figures expect a "deliberate slow march in good order" - most likely a September handover timed to the party conference - rather than an immediate vacuum.&lt;/p&gt;

&lt;p&gt;According to the report, &lt;strong&gt;Burnham's supporters claim he has secured backing from more than 201 Labour MPs if Starmer refuses to step down voluntarily.&lt;/strong&gt; The Observer framed that as a critical number because it would represent more than half the Parliamentary Labour party and would make it increasingly difficult for Starmer to argue that he still commands the confidence of his own side.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;A formal challenge requires far fewer names&lt;/strong&gt;. Under Labour's rules, any challenger needs nominations from 20% of Labour MPs - currently 81 - plus the required support from local parties and affiliates. On every count, the door is open.&lt;/p&gt;

&lt;h2&gt;Starmer Digging In?&lt;/h2&gt;

&lt;p&gt;For now, at least in public, Starmer is not going quietly. On Friday he congratulated Burnham on X - framing the result as a win for "Labour's campaign of hope and optimism over division and hate" - while insisting he would stand in any leadership contest and still had "more to do."&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;Congratulations, &lt;a href="https://twitter.com/AndyBurnhamGM?ref_src=twsrc%5Etfw"&gt;@AndyBurnhamGM&lt;/a&gt;, Labour's new MP for Makerfield.&lt;br /&gt;&lt;br /&gt;
Voters chose Labour's campaign of hope and optimism over division and hate.&lt;/p&gt;
— Keir Starmer (@Keir_Starmer) &lt;a href="https://x.com/Keir_Starmer/status/2067835432667111533?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;

&lt;p&gt;By Saturday the mood music had shifted. The Observer reports that Starmer was spending the weekend at Chequers with his wife, Victoria, weighing his future after a round of conversations with cabinet ministers, advisers, union bosses and donors.&lt;/p&gt;

&lt;p&gt;One Labour peer close to the Prime Minister told the paper that Starmer would not "walk away" from No. 10 creating a vacuum, but would instead "arrange a deliberate slow march in good order, as a matter of duty and dignity." Another Labour grandee said the Prime Minister now appeared "resigned" to stepping down after coming "hard against the reality that the support isn't there."&lt;/p&gt;

&lt;p&gt;The establishment knives are out. &lt;strong&gt;Lord Falconer - Starmer's own former shadow attorney general - told the BBC that the Prime Minister had "absolutely no authority left&lt;/strong&gt; because everybody assumes Andy Burnham is about to challenge for the leadership and everybody assumes he's going to win."&lt;/p&gt;

&lt;p&gt;Former Health Secretary Wes Streeting, who remains the obvious alternative pole of opposition inside the party, publicly hailed Burnham's result even as allies insisted he still intends to stand in any contest.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;Huge congratulations to &lt;a href="https://twitter.com/AndyBurnhamGM?ref_src=twsrc%5Etfw"&gt;@AndyBurnhamGM&lt;/a&gt; on an astonishing victory in Makerfield, where Labour lost badly only weeks ago.&lt;br /&gt;&lt;br /&gt;
It gives us all hope that Labour can still win, but Andy's campaign is proof that to do so we need to change.&lt;br /&gt;&lt;br /&gt;
Enormous thanks to everyone involved.&lt;/p&gt;
— Wes Streeting (@wesstreeting) &lt;a href="https://x.com/wesstreeting/status/2067858902281019783?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;

&lt;p&gt;Even the money is moving. &lt;strong&gt;Unite general secretary Sharon Graham said "obviously Starmer needs to go,"&lt;/strong&gt; calling for an orderly transition on a clear timetable and a conversation about Labour's policy priorities.&lt;/p&gt;

&lt;p&gt;Streeting's allies, meanwhile, are still talking as though the fight is alive. The Observer reported he has taken out a contract on an office for 40 members of staff as campaign headquarters and has received two £50,000 donations from Fran Perrin, one of Labour's most generous supporters. But some senior Labour figures now believe Streeting may ultimately do a deal with Burnham rather than stand in the way of the momentum.&lt;/p&gt;

&lt;h2&gt;"A Final Chance To Change"&lt;/h2&gt;

&lt;p&gt;Burnham's &lt;a href="https://news.sky.com/video/this-is-a-final-chance-to-change-burnham-victory-speech-in-full-13555604"&gt;victory speech&lt;/a&gt; left no doubt about the scale of his ambition, even if he stopped short of formally launching the challenge. "Tonight could - just could - be the turning point," he told supporters, warning Labour it had a "final chance to change" with "no second chance."&lt;/p&gt;

&lt;p&gt;There was also some weirdness: animal-rights campaigner Robert Pownall, who ran as an independent, and Count Binface, the bin-headed "intergalactic space warrior," who took 95 votes.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;"I swear I'll move to Makerfield if I win."&lt;br /&gt;&lt;br /&gt;
Count Binface talks to Sky's &lt;a href="https://twitter.com/joncraig?ref_src=twsrc%5Etfw"&gt;@joncraig&lt;/a&gt; at the vote count at the Makerfield by-election. &lt;a href="https://t.co/cjPB04D"&gt;https://t.co/cjPB04D&lt;/a&gt; &lt;a href="https://t.co/skyclip"&gt;pic.twitter.com/skyclip&lt;/a&gt;&lt;/p&gt;
— Sky News (@SkyNews) &lt;a href="https://x.com/SkyNews/status/2067770223634072016?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;

&lt;h2&gt;Mandlelson &amp; Epstein&lt;/h2&gt;

&lt;p&gt;Burnham's win was the trigger, but the charge had been laid months earlier. The slow detonation of Starmer's authority traces back to &lt;strong&gt;his decision, in December 2024, to hand the plum Washington ambassadorship to Peter Mandelson&lt;/strong&gt; despite Mandelson's long-public friendship with the late convicted sex offender Jeffrey Epstein.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/c94dcb24-5dd6-47fc-8b30-adebb7975474_80_jpg%281%29.jpg?itok=JGw-c9Xn" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/c94dcb24-5dd6-47fc-8b30-adebb7975474_80_jpg%281%29.jpg?itok=JGw-c9Xn"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="e7ec8059-83e8-41ab-a627-94a9290a51da" data-responsive-image-style="inline_images" height="281" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/c94dcb24-5dd6-47fc-8b30-adebb7975474_80_jpg%281%29.jpg?itok=JGw-c9Xn" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Mandelson was sacked as ambassador in September 2025 after released material appeared to show a closer relationship with Epstein than had been acknowledged at the time of appointment. &lt;strong&gt;He was later arrested on suspicion of misconduct in public office over allegations that sensitive government information had been passed to Epstein during the 2008-2010 financial crisis&lt;/strong&gt;. Mandelson has denied wrongdoing, has not been charged, and the police investigation is ongoing.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;'Where does this leave the tattered reputation of our Prime Minister?'&lt;br /&gt;&lt;br /&gt;&lt;a href="https://twitter.com/MartinDaubney?ref_src=twsrc%5Etfw"&gt;@MartinDaubney&lt;/a&gt; discusses the first tranche of the Mandelson files revealing that Sir Keir Starmer was warned that the former ambassador, Lord Mandelson, brought a 'reputational risk'. &lt;a href="https://t.co/84vWC3jmhe"&gt;pic.twitter.com/84vWC3jmhe&lt;/a&gt;&lt;/p&gt;
— GB News (@GBNEWS) &lt;a href="https://x.com/GBNEWS/status/2031819060187390053?ref_src=twsrc%5Etfw"&gt;March 11, 2026&lt;/a&gt;&lt;/blockquote&gt;

&lt;p&gt;Starmer claimed Mandelson had lied throughout the appointment process - however it later &lt;a href="https://www.zerohedge.com/political/starmers-mandelson-mess-explodes-pm-knew-about-epstein-friendship"&gt;emerged&lt;/a&gt; that &lt;strong&gt;he knew full well of the friendship&lt;/strong&gt;.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;🚨 Wow.&lt;br /&gt;&lt;br /&gt;
The Mandelson files are up.&lt;br /&gt;&lt;br /&gt;
They prove Starmer WAS advised and warned about Mandelson's appalling friendship with Epstein.&lt;br /&gt;&lt;br /&gt;
Starmer appointed him anyway.&lt;br /&gt;&lt;br /&gt;
Starmer lied.&lt;br /&gt;&lt;br /&gt;
Starmer must resign. &lt;a href="https://t.co/1yjYioVJhK"&gt;pic.twitter.com/1yjYioVJhK&lt;/a&gt;&lt;/p&gt;
— Zia Yusuf (@ZiaYusufUK) &lt;a href="https://x.com/ZiaYusufUK/status/2031736140336603317?ref_src=twsrc%5Etfw"&gt;March 11, 2026&lt;/a&gt;&lt;/blockquote&gt;

&lt;p&gt;By then the damage was structural: his chief of staff Morgan McSweeney had resigned over the affair, a top Foreign Office mandarin was on the way out, and the government had spent months bleeding credibility through document dumps, a vetting row, sleaze-inquiry pressure and a steady drip of resignations.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;No. 10 is still batting the resignation talk away as "speculation," and Starmer's team insists he will fight any challenge.&lt;/strong&gt; On Friday, the Prime Minister told staff the party had to "pull together" and "take the fight" to Reform.&lt;/p&gt;

&lt;p&gt;But the shape of the problem is brutal: &lt;strong&gt;Burnham has the seat, his allies claim the numbers, cabinet ministers are turning, the unions are turning, and Reform UK remains the threat Labour MPs increasingly believe only Burnham can blunt.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;If Starmer steps to a podium on Monday and sets out an exit timetable, it will cap an extraordinary fall - from landslide to forced retreat in under two years - and crack open the door for the man they call the "King of the North" to walk through it.&lt;/p&gt;

&lt;p&gt;Maybe if Starmer had addressed unchecked migration, England's woke police, or the rape gangs his CoS tried to get us demonetized for reporting on... &lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;💥NEW: How PM Keir Starmer's Machine Quietly Moved to Cripple Breitbart, The Federalist, ZeroHedge, and Left Independent Outlets&lt;br /&gt;&lt;br /&gt;
On Breaking Points, Ryan introduces Drop Site's latest investigation, adapted from Paul Holden's book, exposing how Keir Starmer and his chief of… &lt;a href="https://t.co/NVPDm7aWmw"&gt;pic.twitter.com/NVPDm7aWmw&lt;/a&gt;&lt;/p&gt;
— Drop Site (@DropSiteNews) &lt;a href="https://x.com/DropSiteNews/status/1996436142531436797?ref_src=twsrc%5Etfw"&gt;December 4, 2025&lt;/a&gt;&lt;/blockquote&gt;
&lt;/article&gt;&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-21T05:52:08+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sun, 06/21/2026 - 01:52&lt;/span&gt;
</description>
  <pubDate>Sun, 21 Jun 2026 05:52:08 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115765 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>Are iPhones Dialing Up The Birth Dearth?</title>
  <link>https://www.zerohedge.com/technology/are-iphones-dialing-birth-dearth</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Are iPhones Dialing Up The Birth Dearth?&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;&lt;a href="https://amgreatness.com/2026/06/20/are-iphones-dialing-up-the-birth-dearth/"&gt;&lt;em&gt;Authored by Thaddeus G. McCotter via American Greatness,&lt;/em&gt;&lt;/a&gt;&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;When I call you up, your line’s engaged&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;I have had enough, so act your age&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;We have lost the time that was so hard to find&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;And I will lose my mind&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;If you won’t see me . . .&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Time after time&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;You refuse to even listen&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;I wouldn’t mind&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;If I knew what I was missing&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;—The Beatles, “&lt;a href="https://www.youtube.com/watch?v=OsjTO0yZQjk&amp;list=RDOsjTO0yZQjk&amp;start_radio=1"&gt;You Won’t See Me&lt;/a&gt;”&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;&lt;strong&gt;As one heads into senescence, the milestones begin to fade in the rearview mirror. Yet every now and again, something jars the memory to refocus your recognition of such milestones and on how time has truly flown.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Recently, I was reminded that nearly an entire generation of Americans has been born after the introduction of the iPhone in 2007. As a Gen Xer born before the introduction of the answering machine, I felt the weight of my sixty years, along with a gnawing anxiety about the future.&lt;/p&gt;

&lt;p&gt;No, not because I won’t be around all that much longer. Despite the myths of the ubiquitous cult of youth promoted by our callow commercial culture, the increasing aches and pains accompanying my journey into old age are an insistent reminder that no one lives forever. Rather, my concern is how few Americans will be born to replace me and the other older members of our aging nation.&lt;/p&gt;

&lt;p&gt;As reported by &lt;a href="https://zeale.co/news/authors/elise-winland"&gt;Elise Winland&lt;/a&gt; in &lt;a href="https://zeale.co/news/articles/economic-paper-links-iphone-rollout-to-declining-u-s-fertility-rate"&gt;Zeale News&lt;/a&gt;, &lt;strong&gt;a new study suggests the 2007 introduction of the iPhone has played a significant role in the declining U.S. fertility rate.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/2026-06-20_14-20-51.jpg?itok=BbFeZ9Ji" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2026-06-20_14-20-51.jpg?itok=BbFeZ9Ji"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="c29dd36a-433c-4185-b1b9-0c6bd35a1ba6" data-responsive-image-style="inline_images" height="300" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-20_14-20-51.jpg?itok=BbFeZ9Ji" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Written by Caitlin K. Myers and Ezekiel Hooper and issued by the National Bureau of Economic Research (NBER), the &lt;a href="https://www.nber.org/papers/w35310"&gt;title of the working paper&lt;/a&gt; says it all: “Is the iPhone Birth Control? Causal Evidence from AT&amp;T’s 2007–2011 Carrier Monopoly.”&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The study’s methodology is straightforward, as are its implications for our nation.&lt;/strong&gt; As succinctly explained by Ms. Winland: “The paper draws on a natural experiment created by Apple’s exclusive deal with AT&amp;T. When the iPhone launched in June 2007, it was available only on AT&amp;T’s network until February 2011, giving researchers a way to compare areas with different levels of early iPhone access.”&lt;/p&gt;

&lt;p&gt;While this deal was fortuitous for the researchers, the consequences were disastrous for the nation’s birth rate. According to Myers and Hooper:&lt;/p&gt;

&lt;p&gt;The diffusion of the iPhone deepened the decline in births among women under 30 while suppressing the rise in births among older women. Overall, the diffusion of the iPhone explains 33–52% of the decline in the general fertility rate among women aged 15–44.&lt;strong&gt; National-survey evidence on time use and sexual behavior is consistent with the iPhone reducing in-person interactions, increasing pornography use, and reducing sexual frequency.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Importantly, Myers and Hooper are not asserting that the iPhone is the sole cause of the steep decline in America’s birth rate, which they cite as having dropped by 22 percent since 2007, again, the year of the iPhone’s introduction. For, as Winland notes, the researchers believe the nation’s &lt;a href="https://www.cdc.gov/nchs/data/vsrr/vsrr043.pdf"&gt;record low birth rate&lt;/a&gt; of 53.1 births per 1,000 women ages 15 to 44 “cannot be fully explained by the common explanations such as the Great Recession, increased access to contraception, rising housing and childcare costs, and delayed marriage.”&lt;/p&gt;

&lt;p&gt;The researchers do argue that “studies imply that access to the iPhone reduced births by 4.5–8.0% at ages 15–19 and 3.2–6.6% at ages 20–24, with statistically significant but smaller declines among older cohorts.” (It is worth noting that the iPhone had a salubrious impact on reducing teen pregnancies; however, the enduring detrimental effects stemming from the loss of social interaction and its accompanying skills will be carried into the future by today’s teens.)&lt;/p&gt;

&lt;p&gt;Anyone with a cursory acquaintance with Marshall McLuhan’s work will see his dictum, “the medium is the message,” at work here. Every new technology affects human beings, both in how they interact with that technology and in how they subsequently interact—or fail to interact—with other people by using it.&lt;/p&gt;

&lt;p&gt;The math—specifically subtraction—is elementary: by spending more time in your virtual cocoon, you have less time for interacting with real human beings. One must therefore consider how much of the iPhone’s contribution to the birth dearth stems from the technology’s unconscious effects on its users. Indeed, unlike, say, birth control or a career choice, the iPhone is not being used deliberately to delay or prevent pregnancy. Rather, the birth dearth is exacerbated because the iPhone user is more rapt with the device and the stimulation it provides than by another person. After all, there are only so many hours in the day—and night.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Meanwhile, the birth rate continues its decline.&lt;/strong&gt; It is an indicator of national health. An optimistic, future-oriented nation has at least a replacement birth rate, if not a growing one. A declining nation has a declining birth rate. In America today, the atomization of our citizenry and its accompanying anomie continue apace, as algorithmically personalized prison cells push us out of gen pop and into solitary confinement. Thus does the insidious, circular logic of the siren song of decline become the mantra: life is unfair, inequitable, and horrible, so it is better—in fact, virtuous—not to bring a new life into this morass of meaninglessness.&lt;/p&gt;

&lt;p&gt;The result of this is the declining birth rate found in both the United States and Europe, where the apostles of postmodernism hold sway, filling the perceived vacuity of modernity with a creed that holds the most “tolerant” belief is to believe in nothing—including one’s inherited civilization. A postmodern generation taught to loathe itself does not care to procreate. For what better way to reject the meaningless future than by making sure there are no succeeding generations to perpetuate it?&lt;/p&gt;

&lt;p&gt;While my bachelor’s degree is only in political science, and despite all the technological advances during my lifetime—including the internet, social media, AI, and the answering machine—I nonetheless feel confident in declaring, “You can only make a baby in the real world.”&lt;/p&gt;

&lt;p&gt;A healthy nation prizes real life over a virtual world. It doesn’t have a birth dearth. And I’m inclined to believe it has more answering machines—or at least call waiting—and fewer smartphones.&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;I had to interrupt and stop this conversation&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Your voice across the line gives me a strange sensation&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;I’d like to talk when I can show you my affection&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Oh, I can’t control myself . . .&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Don’t leave me hanging on the telephone&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Hang up and run to me&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Oh, hang up and run to me.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;—Blondie, “&lt;a href="https://www.youtube.com/watch?v=uWhkbDMISl8&amp;list=RDuWhkbDMISl8&amp;start_radio=1"&gt;Hanging on the Telephone&lt;/a&gt;”&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-21T03:20:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 23:20&lt;/span&gt;
</description>
  <pubDate>Sun, 21 Jun 2026 03:20:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115758 at https://www.zerohedge.com</guid>
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  <title>'Syria &amp; Turkey Represent Bigger Threat To Israel Than Iran': Israeli Minister</title>
  <link>https://www.zerohedge.com/geopolitical/syria-turkey-represent-bigger-threat-israel-iran-israeli-minister</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;'Syria &amp; Turkey Represent Bigger Threat To Israel Than Iran': Israeli Minister&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;&lt;a href="https://thecradle.co/articles/syria-and-turkiye-represent-bigger-threat-to-israel-than-iran-israeli-minister"&gt;&lt;em&gt;Via The Cradle&lt;/em&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Late this week Israeli Diaspora Affairs Minister Amichai Chikli declared in an interview with Israeli Army Radio that Tel Aviv &lt;strong&gt;"will be at war with Syria sooner or later&lt;/strong&gt;,&lt;strong&gt;" &lt;/strong&gt;highlighting that the alliance between Damascus and Turkey poses a "strategic challenge" to his country.&lt;/p&gt;

&lt;p&gt;The Likud official said, &lt;strong&gt;"There is no way that a jihadist regime rooted in ISIS and Al-Qaeda, whose aspiration is the unification of Jerusalem, can live in peace alongside the State of Israel."&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;In a separate interview with Kol Barama, a prominent Israeli ultra-Orthodox radio station, Chikli identified Syria as &lt;strong&gt;part of a "radical Sunni axis of evil" involving Qatar, Turkiye, and Pakistan&lt;/strong&gt;, labeling it &lt;strong&gt;"far more troubling" than Iran&lt;/strong&gt;, and claimed that these nations shaped a recent US–Iran memorandum of understanding (MoU) intended to end regional hostilities.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/TrumpSharaa2.jpg?itok=B5RkZIDV" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/TrumpSharaa2.jpg?itok=B5RkZIDV"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="7c42775b-35e6-4a99-bf17-6b72d4706144" data-responsive-image-style="inline_images" height="278" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/TrumpSharaa2.jpg?itok=B5RkZIDV" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;While Turkish President Recep Tayyip Erdogan hailed the memorandum as an “important development,” Chikli joined other Likud lawmakers in &lt;strong&gt;branding Turkiye an “enemy state.” &lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;He claimed that Turkiye holds “very clear ambitions” compromising Israeli interests, saying that Ankara and Damascus are “ten thousand times more concerning than Iran.”&lt;/p&gt;

&lt;p&gt;Following the ousting of former Syrian president Bashar al-Assad in December 2024, the Israeli military continues to occupy Syrian land and destroy military equipment, using the new government as a pretext for escalation and territorial expansion.&lt;/p&gt;

&lt;p&gt;Israeli Prime Minister Benjamin Netanyahu now demands total demilitarization from south Damascus to the 1973 demarcation line. Since December 2024, Israeli military violations in southern Syria have escalated beyond periodic airstrikes to a &lt;strong&gt;sustained campaign involving ground incursions&lt;/strong&gt;, raids, and the establishment of checkpoints. &lt;/p&gt;

&lt;p&gt;According to a daily tracker launched by&lt;i&gt; Levant24&lt;/i&gt;, Israeli forces have carried out &lt;strong&gt;approximately 1,128 ground incursions and 1,055 airstrikes, advancing more than 20 kilometers beyond the occupied Golan Heights&lt;/strong&gt;. These actions have resulted in over 197 detentions and at least 36 fatalities.&lt;/p&gt;

&lt;p&gt;This expansion also includes property destruction and the systematic mapping of military positions, reflecting a broader pattern of activity that extends deep into Syrian territory.&lt;/p&gt;

&lt;p&gt;Self-appointed Syrian President Ahmad al-Sharaa is reportedly &lt;a href="https://thecradle.co/articles/syria-unwilling-unprepared-to-attack-lebanon-despite-us-pressure-report"&gt;resisting intense pressure&lt;/a&gt; from the US to launch a military incursion into Lebanon to disarm Hezbollah. &lt;/p&gt;

&lt;p&gt;Despite a framework proposed by US President Donald Trump for the Syrian military to lead this offensive, Sharaa remained “unprepared and unwilling,” according to  Israel’s Broadcasting Corporation (KAN). He cited concerns that such an attack would damage his regional legitimacy by appearing to serve Israeli interests, especially while Israel continues to occupy Syrian territory. &lt;/p&gt;

&lt;p&gt;Although US envoy Tom Barrack has threatened Lebanon with a Syrian assault to dismantle Hezbollah,&lt;strong&gt; Sharaa has dismissed the reports as “rumors,” asserting his goal is to end the war rather than expand it&lt;/strong&gt;. &lt;/p&gt;

&lt;p&gt;Israeli War Minister Israel Katz told Channel 14 that “We do not need Julani. &lt;strong&gt;Julani, the terrorist in a suit&lt;/strong&gt;, does not need to come and help us. We know Syria well. He is not going to help us in Lebanon.” He added that Sharaa “should stay in Syria, not interfere with us, and not make us interfere with him.” &lt;/p&gt;

&lt;p&gt;“Do you know what really hurts the jihadists?” Katz said, going on to assert that killing them would not hurt them as much as “when you take territory from them and destroy their homes – and that's what we did.”&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-21T02:45:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 22:45&lt;/span&gt;
</description>
  <pubDate>Sun, 21 Jun 2026 02:45:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115718 at https://www.zerohedge.com</guid>
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<item>
  <title>In Defense Of Entrepreneurs</title>
  <link>https://www.zerohedge.com/political/defense-entrepreneurs</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;In Defense Of Entrepreneurs&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;article&gt;&lt;p&gt;&lt;em&gt;&lt;a href="https://realclearwire.com/articles/2026/06/18/in_defense_of_entrepreneurs_1189573.html"&gt;By Matthew J. Brouillette via RealClearPennsylvania&lt;/a&gt;,&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Like clockwork, U.S. Sen. Elizabeth Warren (D-Massachusetts) is again &lt;a href="https://www.warren.senate.gov/newsroom/videos/watch/elon-musk-has-65-million-times-more-wealth-than-the-typical-american"&gt;finding&lt;/a&gt; America's billionaires guilty by reason of existence&lt;/strong&gt;, arguing the Elon Musks and Jeff Bezos of the world must donate more to the government via higher taxes.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/musk%20in%20chair.jpg?itok=0Du8jzzh" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/musk%20in%20chair.jpg?itok=0Du8jzzh"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="b2fc9170-beda-46ad-96a3-1d0f7a7a9bfd" data-responsive-image-style="inline_images" height="334" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/musk%20in%20chair.jpg?itok=0Du8jzzh" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Her premise is that the wealthy don't pay their "fair share," leaving the non-wealthy to suffer in a zero-sum game.&lt;/p&gt;

&lt;p&gt;The problem is that &lt;strong&gt;Warren, and the many others in Congress like her, aren't simply attacking the wealthy; they are attacking the foundation of America's greatness - entrepreneurs.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Remember, "entrepreneurs" founded this great nation almost 250 years ago when they pledged their lives, the fortunes, and their sacred honor. Many of them were wealthy because they produced goods or services their fellow colonists voluntarily purchased.&lt;/p&gt;

&lt;p&gt;Consider, for a moment, some of the wealthiest people in America: Elon Musk, Larry Page, Sergey Brin, Jeff Bezos, Larry Ellison, Michael Dell, and Mark Zuckerberg. Beyond eye-popping net worths, they, too, are entrepreneurs who have provided goods and services consumers voluntarily use every day.&lt;/p&gt;

&lt;p&gt;And like entrepreneurs throughout American history, they have delivered transformative innovations employed not only across America but throughout the world.&lt;/p&gt;

&lt;p&gt;Think about it: &lt;strong&gt;Did you Google something today? Have you ordered from Amazon recently? Did you log onto Instagram? The answer to at least one of these questions is probably, "Yes."&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;And what of the millions of people employed by Google, Amazon, Tesla, SpaceX, Meta, Oracle, and other companies led by America's most wealthy? Do their families benefit from the career opportunities created by these entrepreneurs? Of course they do.&lt;/p&gt;

&lt;p&gt;These benefits can even turn into windfalls. For example, The Wall Street Journal recently &lt;a href="https://www.wsj.com/business/meet-the-spacex-employees-who-are-about-to-become-overnight-millionaires-1a1a1370"&gt;reported&lt;/a&gt; that once SpaceX goes public, thousands of current and former employees - from engineers to baristas - will reap the sizeable reward.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Benefitting the greater good is not the purview only of ultra wealthy entrepreneurs.&lt;/strong&gt; Just look at entrepreneurs in your community. The owner of your favorite restaurant. Or your barber. Or plumber.&lt;/p&gt;

&lt;p&gt;You've undoubtedly relied on these folks for either critical or quality-of-life services. And their entrepreneurship has also created jobs and sustained families. In fact, these types of local businesses are often considered the engines of America's Main Street economy - making our communities thrive, giving our neighborhoods unique character, and improving all of our lives.&lt;/p&gt;

&lt;p&gt;And this doesn't even touch on the philanthropic contributions entrepreneurs make. Who often sponsors local community events that raise funds for non-profit causes? The businesses founded and run by entrepreneurs. This isn't coincidental.&lt;/p&gt;

&lt;p&gt;A &lt;a href="https://www.fidelitycharitable.org/content/dam/fc-public/docs/insights/entrepreneurs-as-philanthropists.pdf"&gt;report&lt;/a&gt; by Fidelity Charitable on entrepreneurs as philanthropists found, "On average, the median annual gift for entrepreneurs is 50% higher than non-entrepreneurs." Further, "Two-thirds of entrepreneurs volunteer two or more hours a month, compared with just more than half of non-entrepreneurs."&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;You may wonder what this has to do with Ms. Warren's white whale of wealth taxes.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;In a word, everything.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;For the difference between these local entrepreneurs and the targets of Warren's ire is not one of type but simply degree.&lt;/p&gt;

&lt;p&gt;The spirit of risk taking, innovation, ingenuity, and philanthropy characterizes entrepreneurs both famous and not.&lt;/p&gt;

&lt;p&gt;And it shouldn't need repeating - but it does - that&lt;strong&gt; the wealthy already pay a lion's share of taxes, with the top 10% of earners &lt;a href="https://www.ntu.org/foundation/tax-page/who-pays-income-taxes"&gt;paying&lt;/a&gt; more than 70% of all federal personal income taxes.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;As we celebrate America's 250th birthday, it only makes sense to recognize that entrepreneurs founded and built our great country into what we are today. And entrepreneurs will help us keep it.&lt;/p&gt;

&lt;p&gt;Rather than demonizing entrepreneurs by arguing that shouldering 70% of taxes isn't enough, we should acknowledge them and thank them for making America the leading innovator of the world - and for doing far more than their "fair share" to improve the lives and livelihoods of individuals of families across America.&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Matthew J. Brouillette is president and CEO of &lt;a href="https://thecommonwealthpartners.com/"&gt;Commonwealth Partners Chamber of Entrepreneurs&lt;/a&gt; and the author of You GOTTA win Pennsylvania! A call to entrepreneurs to save America.&lt;/em&gt;&lt;/p&gt;
&lt;/article&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-21T02:10:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 22:10&lt;/span&gt;
</description>
  <pubDate>Sun, 21 Jun 2026 02:10:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115736 at https://www.zerohedge.com</guid>
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  <title>Trump Reiterates Ukraine War Would Never Have Started If Russia Remained In G8, Blasts Obama</title>
  <link>https://www.zerohedge.com/geopolitical/trump-reiterates-ukraine-war-would-never-have-started-if-russia-remained-g8-blasts</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Trump Reiterates Ukraine War Would Never Have Started If Russia Remained In G8, Blasts Obama&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;This isn't the first time that President Trump has said something like this, but he's newly explained in a wide-ranging fresh interview with Axios published Friday &lt;strong&gt;his view that the ongoing war between Russia and Ukraine likely would likely have been averted if Russia had remained a member of the then-Group of Eight (G8)&lt;/strong&gt;.&lt;/p&gt;

&lt;p&gt;"You probably wouldn't have the war with Russia and Ukraine if they did," Trump told the publication, referring to the decision to expel Moscow, making the group the G7.&lt;/p&gt;

&lt;p&gt;The forum &lt;strong&gt;"would have been much better"&lt;/strong&gt; had it maintained its original structure, with Russia included. He laid ultimate blame in the fresh remarks on former President Barack Obama. &lt;/p&gt;

&lt;p&gt;It was during the Obama administration, in 2014, that Washington pushed allies to expel Russia from the group of leading economies over its takeover of Crimea through a 'popular referendum'.&lt;/p&gt;

&lt;p&gt;Trump this week attended G7 Summit held in Evian-les-Bains, France.&lt;strong&gt; "They should have kept the G8. You probably wouldn't have the war with Russia and Ukraine if they did, but Obama didn’t want Putin there," &lt;/strong&gt;&lt;a href="https://www.axios.com/2026/06/19/trump-axios-show-interview-transcript-marc-caputo"&gt;Trump said&lt;/a&gt;.&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/obamaandtrump.jpg?itok=XIBL6eXE" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/obamaandtrump.jpg?itok=XIBL6eXE"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="b7c2ef0c-ef60-4800-b475-43690731e33b" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/obamaandtrump.jpg?itok=XIBL6eXE" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;via Associated Press&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p data-end="350" data-start="255"&gt;"It used to be the G8. (It) would have been much better if they kept that that way," he added. Again, this is not the first time he's articulated this &lt;a href="https://newsukraine.rbc.ua/news/russia-would-not-have-attacked-ukraine-if-1781900365.html"&gt;view&lt;/a&gt;:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p data-end="545" data-start="352"&gt;&lt;em&gt;Trump has expressed this position before — in June 2025, he made a similar statement, blaming Obama&lt;strong&gt; and former Canadian Prime Minister Trudeau&lt;/strong&gt; for Russia’s exclusion from the G8.&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p data-end="545" data-start="352"&gt;He's long attacked Biden and the Democrats for setting the conditions for the war to start. But beginning a year ago he also started basically blaming everyone - from Zelensky to Putin to Biden.&lt;/p&gt;

&lt;p&gt;"That’s a war that should have never been allowed to start and &lt;strong&gt;Biden could have stopped it and Zelensky could have stopped it and Putin should have never started it&lt;/strong&gt;," Trump said last year. &lt;strong&gt;"Everybody is to blame."&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Trump added at the time: "If Biden were competent and if Zelensky were competent, and I don’t know that he is, we had a rough session with this guy — &lt;strong&gt;he just kept asking for more and more&lt;/strong&gt;."&lt;/p&gt;

&lt;p&gt;As for Putin, he has seemed to welcome this repeat rhetoric from Trump stating that Russia should belong to the G7/G8. Without doubt, Moscow would welcome an invitation back in.&lt;/p&gt;

&lt;p&gt;Among Russia's conditions for final peace settlement in Ukraine, a prospect which still seems a long way off, would be the lifting of US and EU sanctions, and readmittance to the global economy.&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-21T01:35:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 21:35&lt;/span&gt;
</description>
  <pubDate>Sun, 21 Jun 2026 01:35:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115745 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>How It Took Nine Months To Remove One Illegal Alien From Voter Rolls</title>
  <link>https://www.zerohedge.com/political/how-it-took-nine-months-remove-one-illegal-alien-voter-rolls</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;How It Took Nine Months To Remove One Illegal Alien From Voter Rolls&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;&lt;em&gt;Submitted by &lt;a href="https://x.com/MDFreedomCaucus"&gt;Maryland Freedom Caucus&lt;/a&gt;,&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;Nine months after the Maryland Freedom Caucus exposed that a noncitizen with a final order of deportation had been registered to vote in Maryland, Ian Roberts has finally—and quietly—been removed from the state's active voter registration list.&lt;/p&gt;

&lt;p&gt;There was no press conference. No public announcement. No admission that anything had gone wrong.&lt;/p&gt;

&lt;p&gt;The removal comes only after Roberts was convicted and sentenced on federal charges related to falsely claiming U.S. citizenship. For years, Roberts remained an active voter in Maryland despite being an illegal alien from Guyana who overstayed his student visa and despite having left the state more than a decade ago.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;🗳️ The Other Maryland Man finally removed from Maryland Voter Registration list.&lt;br /&gt;&lt;br /&gt;
9 months after it was discovered that a superintendent of a large school district was not only a noncitizen with a final deportation order, but also had been illicitly registered to vote in… &lt;a href="https://t.co/xqKTCskJQR"&gt;pic.twitter.com/xqKTCskJQR&lt;/a&gt;&lt;/p&gt;
— Maryland Freedom Caucus (@MDFreedomCaucus) &lt;a href="https://x.com/MDFreedomCaucus/status/2068051374483349983?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;The timing raises an obvious question: if a criminal conviction was necessary before election officials would finally remove Roberts from the voter rolls, how many other ineligible registrations remain untouched?&lt;/p&gt;

&lt;p&gt;The Roberts case placed Maryland into national news after the Maryland Freedom Caucus uncovered evidence that he was not only unlawfully present in the United States, but had also been registered to vote in Maryland.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;🚨 I have confirmed from Maryland Freedom Caucus Chairman, &lt;a href="https://x.com/MattMorgan29A?ref_src=twsrc%5Etfw"&gt;@MattMorgan29A&lt;/a&gt; (R) that Des Moines Superintendent Ian Roberts has been a registered voter in Maryland since 2012.&lt;br /&gt;&lt;br /&gt;
Roberts is an illegal alien.&lt;a href="https://x.com/elonmusk?ref_src=twsrc%5Etfw"&gt;@elonmusk&lt;/a&gt; also agrees, it’s time to clean the voter rolls. &lt;a href="https://t.co/4encSIQwfk"&gt;pic.twitter.com/4encSIQwfk&lt;/a&gt;&lt;/p&gt;
— Dustin Grage (@GrageDustin) &lt;a href="https://x.com/GrageDustin/status/1972632525056184387?ref_src=twsrc%5Etfw"&gt;September 29, 2025&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;Roberts was hardly an obscure figure. He served as superintendent of a large Iowa school district while simultaneously living under a final order of deportation. &lt;a href="https://marylandfreedomcaucus.substack.com/p/the-story-of-ian-roberts-the-illegal?r=52gaic"&gt;Yet somehow, despite years of scrutiny surrounding his immigration status, Maryland's voter registration system never flagged him&lt;/a&gt;.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;BREAKING: Another Maryland Man controversy!&lt;br /&gt;&lt;br /&gt;
Have you heard the story of Ian Andre Roberts, the Superintendent for Des Moines Public Schools? He was arrested late last week for a standing deportation order. Turns out, he is actively registered to vote in Maryland, despite being… &lt;a href="https://t.co/T7XlAobQ6O"&gt;pic.twitter.com/T7XlAobQ6O&lt;/a&gt;&lt;/p&gt;
— Maryland Freedom Caucus (@MDFreedomCaucus) &lt;a href="https://x.com/MDFreedomCaucus/status/1972752823243673959?ref_src=twsrc%5Etfw"&gt;September 29, 2025&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;The most damning revelation emerged when &lt;a href="https://riteusa.org/maryland-elections-officials-back-down-on-illegal-alien-voter-registration-records/"&gt;unredacted voter registration&lt;/a&gt; applications obtained through &lt;a href="https://x.com/Theswampmonitor/status/1993048130577711228?s=20"&gt;pressure from two watchdog groups&lt;/a&gt; showed that Roberts had personally affirmed under penalty of perjury that he was a United States citizen.&lt;/p&gt;

&lt;p&gt;That detail shattered one of the most common defenses offered by election officials whenever noncitizen registrations are discovered. For months, Maryland State Board of Elections Administrator Jared DeMarinis and other defenders of the system insisted that such registrations were accidental byproducts of bureaucratic processes.&lt;/p&gt;

&lt;p&gt;The documents showed otherwise.&lt;/p&gt;

&lt;p&gt;Roberts did not merely appear on the rolls due to an administrative error. He falsely claimed citizenship on a sworn government form. Nevertheless, he remained an active registered voter for years and continued receiving election mailings and ballots.&lt;/p&gt;

&lt;blockquote class="twitter-tweet" data-conversation="none"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;But here’s the problem:&lt;br /&gt;
If Roberts never voted, his registration should have been canceled long ago for inactivity.&lt;br /&gt;
It wasn’t. &lt;a href="https://t.co/qwBAb7zXC0"&gt;pic.twitter.com/qwBAb7zXC0&lt;/a&gt;&lt;/p&gt;
— Maryland Freedom Caucus (@MDFreedomCaucus) &lt;a href="https://x.com/MDFreedomCaucus/status/2009385250678296977?ref_src=twsrc%5Etfw"&gt;January 8, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;The broader significance of the case extends well beyond one individual.&lt;/p&gt;

&lt;p&gt;Maryland officials routinely insist that noncitizen voting is virtually nonexistent and that existing safeguards are sufficient. Yet the Roberts case demonstrates how difficult it can be to remove even the most obvious ineligible registrant.&lt;/p&gt;

&lt;p&gt;Here was a man who had not lived in Maryland in more than ten years. A man under a final order of deportation. A man who falsely claimed citizenship on voter registration forms. A man whose case received national media attention.&lt;/p&gt;

&lt;p&gt;And still it took months of public pressure, investigative work, federal involvement, and ultimately a criminal conviction before Maryland election officials finally acted.&lt;/p&gt;

&lt;p&gt;If this is how difficult it is to remove one of the most obvious examples imaginable, voters are left wondering how many less obvious cases remain hidden within the rolls.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;🚨🚨🚨 AAF has learned that either &lt;a href="https://x.com/PahlaviReza?ref_src=twsrc%5Etfw"&gt;@PahlaviReza&lt;/a&gt;, who wants to be Shah of Iran…&lt;br /&gt;&lt;br /&gt;
1) is a U.S. Citizen&lt;br /&gt;&lt;br /&gt;
OR&lt;br /&gt;&lt;br /&gt;
2) voted illegally in a U.S. election&lt;br /&gt;&lt;br /&gt;
RECEIPTS👇🏼 &lt;a href="https://t.co/eigi6fL3sp"&gt;pic.twitter.com/eigi6fL3sp&lt;/a&gt;&lt;/p&gt;
— American Accountability Foundation (@Theswampmonitor) &lt;a href="https://x.com/Theswampmonitor/status/2044857388067610665?ref_src=twsrc%5Etfw"&gt;April 16, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;The Maryland Freedom Caucus responded to the Roberts case by introducing the Secure the Vote Act of 2026, legislation designed to require documentary proof of citizenship for voter registration, strengthen voter identification requirements, and prevent future noncitizen registrations.&lt;/p&gt;

&lt;p&gt;Predictably, the legislation was never allowed to advance. Like countless election-integrity measures before it, it was quietly buried in committee by legislative leadership unwilling to acknowledge the problem.&lt;/p&gt;

&lt;p&gt;That leaves Congress with an increasingly important responsibility.&lt;/p&gt;

&lt;p&gt;The SAVE America Act would establish nationwide citizenship verification requirements and close loopholes that currently allow noncitizens to access voter registration systems through self-attestation alone. While states like Maryland continue resisting reforms, federal action may be the only realistic path forward.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The Roberts case should serve as a warning.&lt;/strong&gt;&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-21T01:00:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 21:00&lt;/span&gt;
</description>
  <pubDate>Sun, 21 Jun 2026 01:00:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115735 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>China's Caribbean Listening Post? Satellite Imagery Shows Cuba Spy Base Completed</title>
  <link>https://www.zerohedge.com/geopolitical/chinas-caribbean-listening-post-satellite-image-shows-cuba-spy-base-completed</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;China's Caribbean Listening Post? Satellite Imagery Shows Cuba Spy Base Completed&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;The Center for Strategic and International Studies published a report using geospatial intelligence to show that construction of a circularly disposed antenna array in Cuba has been completed.&lt;/p&gt;

&lt;p&gt;&lt;a href="https://www.csis.org/analysis/new-activity-possible-chinese-intelligence-facilities-cuba"&gt;CSIS&lt;/a&gt; states the circularly disposed antenna array in Cuba, just 240 miles miles from Miami, Florida, could be used to monitor or intercept radio transmissions across a wide range of frequencies in the region.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/spy%20base.png?itok=wyp_qIdh" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/spy%20base.png?itok=wyp_qIdh"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="f75adfad-ed9f-4465-b7b9-0bbf1241ba7d" data-responsive-image-style="inline_images" height="375" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/spy%20base.png?itok=wyp_qIdh" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;The DC-based think tank added that the site may be linked to China and could be used to track sensitive U.S. military and communications activity across the Caribbean, the Gulf of America, and the southeastern U.S.&lt;/p&gt;

&lt;p&gt;Here's a section of the report:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;At an expansive SIGINT site in Bejucal, near Havana, recent satellite imagery shows construction work completed on a new large circularly disposed antenna array (CDAA).&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/2026-06-20_10-42-16.png?itok=euzFbu51" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2026-06-20_10-42-16.png?itok=euzFbu51"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="44c3b012-e798-4f5b-a2ed-a3e2576e300f" data-responsive-image-style="inline_images" height="280" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-20_10-42-16.png?itok=euzFbu51" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Over the last two years, an antenna field at the northeast end of the facility has been converted from a linear antenna grid to a CDAA. Imagery published by CSIS in April 2025 captured ongoing groundwork to lay cables between the antennas and the central control facility. Construction now appears to be complete and the facility has very likely begun operations.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/2026-06-20_10-42-58.png?itok=jFwB7xO2" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2026-06-20_10-42-58.png?itok=jFwB7xO2"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="cfd79e2e-60a2-4a99-8ca8-1693ee5b7a5a" data-responsive-image-style="inline_images" height="283" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-20_10-42-58.png?itok=jFwB7xO2" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;The array of 32 antennas (19 outer and 13 inner) is larger and likely more capable than any Cuban CDAA previously observed by CSIS. CDAAs are primarily used for high-frequency direction finding, which involves intercepting and geolocating incoming radio transmissions over a wide range of frequencies.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;From Bejucal's location in Cuba's northwest, the CDAA could improve the ability of Cuban authorities—or potentially their foreign partners—to monitor sensitive U.S. activities in the Caribbean and across the southeastern seaboard. U.S. naval and air operations in the region have escalated amid the Trump administration's prioritization of the Western Hemisphere, increasing the potential value of monitoring U.S. movements in the Caribbean and the Gulf of Mexico.&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;CSIS cited a &lt;a href="https://www.uscc.gov/sites/default/files/7.21-22.05santoli_albert_wrts.pdf"&gt;congressional testimony in 2005&lt;/a&gt; that pointed out China's activities in the Bejucal area:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;The main Chinese electronic spy bases in Cuba are located to the northeast of Santiago de Cuba in the far east of the country and in the Bejucal area in the province of Havana, according to intelligence sources. The base of antennas in Santiago de Cuba is mainly dedicated to the capture of U.S. military satellite communications, meanwhile in Bejucal the Chinese have created a complex interception system of telephone communications. To disguise these activities, the official Chinese station, Radio China International is transmitting its programs from Havana to the United States and Latin America.&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;China's activity in the Western Hemisphere was recently uncovered by a &lt;a href="https://chinaselectcommittee.house.gov/media/press-releases/new-select-committee-investigation-uncovers-china-s-space-operations-in-latin-america"&gt;Select Committee’s investigation&lt;/a&gt; that found Beijing developed "an extensive network of dual-use space ground stations and telescopes across Latin America and uses this network to collect intelligence and boost the PLA's warfighting capacity," adding, "The investigation found at least eleven China-linked space facilities established across Argentina, Venezuela, Bolivia, Chile, and Brazil."&lt;/p&gt;

&lt;p&gt;The Trump administration's campaign to purge China's influence from the Western Hemisphere has intensified this year as part of a broader U.S. effort to reorder the political map of the Americas. After the collapse of the socialist Maduro regime in Venezuela, the Trump administration is &lt;a href="https://www.zerohedge.com/geopolitical/cia-head-ratcliffe-spotted-cuba-trump-refocuses-crosshairs-havana-communists"&gt;increasingly focused on Cuba&lt;/a&gt;, where decades of communist rule have hollowed out the island's economy and turned it into an island playground for U.S. adversaries. &lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-21T00:25:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 20:25&lt;/span&gt;
</description>
  <pubDate>Sun, 21 Jun 2026 00:25:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115739 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>Democratic Socialist Mamdani Wants Democratic Party To Move Further Left Ahead Of 2028</title>
  <link>https://www.zerohedge.com/political/democratic-socialist-mamdani-wants-democratic-party-move-further-left-ahead-2028</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Democratic Socialist Mamdani Wants Democratic Party To Move Further Left Ahead Of 2028&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;article&gt;&lt;p&gt;&lt;em&gt;&lt;a href="https://www.theepochtimes.com/us/democratic-socialist-mamdani-wants-democratic-party-to-move-further-left-ahead-of-2028-post-6050473"&gt;Authored by Chase Smith via The Epoch Times&lt;/a&gt;,&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;New York City Mayor Zohran Mamdani, a democratic socialist, issued one of his sharpest rebukes of the Democratic leadership Thursday night, saying that &lt;strong&gt;the party will lose the White House in 2028 if it does not fundamentally change course.&lt;/strong&gt;&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image_80%28738%29.jpg?itok=xFWUhPuE" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_80%28738%29.jpg?itok=xFWUhPuE"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="eb9cea83-f13d-4428-af2c-aca91a384599" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_80%28738%29.jpg?itok=xFWUhPuE" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;New York Mayor Zohran Mamdani (R) gestures on stage with U.S. Sen. Bernie Sanders (I-Vt.), during a Get Out The Vote rally ahead of New York's primary election in the Brooklyn borough of New York on June 18, 2026. Ryan Murphy/AP Photo&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;"For far too long, our party has seen its job as managing decline instead of delivering material change for working people," Mamdani &lt;a href="https://www.c-span.org/program/campaign-2026/nyc-mayor-zohran-mamdani-d-sen-bernie-sanders-i-vt-campaign-for-new-york-democratic-congressional-candidates/681352"&gt;told&lt;/a&gt; a crowd of thousands at Kings Theatre in Brooklyn, where he and Sen. Bernie Sanders (I-Vt.) headlined a get-out-the-vote rally for three progressive congressional candidates ahead of New York's June 23 primaries.&lt;/p&gt;

&lt;p&gt;"&lt;strong&gt;That old way of thinking will lose on Tuesday. And frankly, it will lose in South Carolina and New Hampshire. It will fall short of 270 electoral votes&lt;/strong&gt;," the Democrat said, referring to the two early primary states in the presidential nominating process. "The Democratic Party must change."&lt;/p&gt;

&lt;p&gt;The 34-year-old is backing Darializa Avila Chevalier against Rep. Adriano Espaillat (D-N.Y.) in New York's 13th Congressional District, former city Comptroller Brad Lander against Rep. Dan Goldman (D-N.Y.) in the 10th, and Assembly Member Claire Valdez in the open 7th. Early voting is underway through June 21.&lt;/p&gt;

&lt;p&gt;House Democratic Leader Hakeem Jeffries (D-N.Y.) has &lt;a href="https://www.theepochtimes.com/us/2-democratic-power-players-agree-to-strongly-disagree-over-a-new-york-house-primary-6048061"&gt;endorsed&lt;/a&gt; Espaillat, telling Fox 5 New York on June 15 that he and Mamdani had "agreed to strongly disagree" over the race. New York Gov. Kathy Hochul also endorsed Espaillat and campaigned alongside Goldman.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Mamdani described the primaries as the opening act of a longer national fight. "When does the race for 2028 begin?" he said. "It starts now. It starts on Tuesday."&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;He called on the party to offer "an affirmative agenda without apology" and to be "not just willing to stand up but also to stand for something" - drawing a contrast with what he called a politics that asks "working people to lower their expectations" and has "seen its job as explaining why we cannot instead of showing how we can."&lt;/p&gt;

&lt;p&gt;Sanders, who introduced Mamdani at the rally, echoed the critique.&lt;/p&gt;

&lt;p&gt;"The politics and the policies of the democratic establishment are no longer good enough," he said. "&lt;strong&gt;In this dangerous and unprecedented moment in American history, tinkering around the edges just won't work.&lt;/strong&gt;"&lt;/p&gt;

&lt;p&gt;The Vermont independent has been traveling the country rallying voters for progressive candidates ahead of the midterms, pointing to a string of recent primary wins from New Jersey to Ohio to Maine - as has ally and New York progressive Rep. Alexandria Ocasio-Cortez, a Democrat.&lt;/p&gt;

&lt;p&gt;Sen. Cory Booker (D-N.J.), appearing on CNN Friday morning and responding to a clip of Mamdani's remarks, did not push back on his critique.&lt;/p&gt;

&lt;p&gt;"&lt;strong&gt;Right now, the Democratic Party needs to be far less concerned about the Democratic Party and far more concerned with what people are struggling with,&lt;/strong&gt;" Booker said, calling for "big, bold solutions" and a coalition built around issues rather than party identity.&lt;/p&gt;

&lt;p&gt;The DNC did not return The Epoch Times' request for comment by publication time.&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image_80%28739%29.jpg?itok=IxpxdpdT" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_80%28739%29.jpg?itok=IxpxdpdT"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="1152edfb-0e5f-48da-b6e8-cd5478d9399f" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_80%28739%29.jpg?itok=IxpxdpdT" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;Mayor Zohran Mamdani speaks during a Get Out The Vote rally ahead of New York's primary election, Thursday, June 18, 2026, in the Brooklyn borough of New York. AP Photo/Ryan Murphy&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/article&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T23:50:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 19:50&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 23:50:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115730 at https://www.zerohedge.com</guid>
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<item>
  <title>"It's That Bad": Virginia Residents Battling Constant Noise From Data Center Generators</title>
  <link>https://www.zerohedge.com/ai/its-bad-virginia-residents-battling-constant-noise-data-center-generators</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;"It's That Bad": Virginia Residents Battling Constant Noise From Data Center Generators&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;article&gt;&lt;p&gt;For more than a year, residents living next to the Vantage Data Centers facility have endured what they describe as a constant, high-pitched whining or ringing sound coming from the site's massive backup generators - the facility's only source of electricity.&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/datacntr_80%281%29.jpg?itok=fUZ2M4St" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/datacntr_80%281%29.jpg?itok=fUZ2M4St"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="f5398bf2-5a4d-4d83-9d9f-72992cf820c7" data-responsive-image-style="inline_images" height="279" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/datacntr_80%281%29.jpg?itok=fUZ2M4St" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;An aerial view of the Vantage data center in Sterling, Va., which abuts a residential neighborhood. (NewsNation)&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;Unlike most data centers connected to the power grid, this facility runs entirely on its own on-site power plant. What residents were told would be temporary generator testing has become permanent operation.&lt;/p&gt;

&lt;h2&gt;"They're Just Never Turned Off"&lt;/h2&gt;

&lt;p&gt;Neighbor &lt;strong&gt;Hari Doue&lt;/strong&gt; told &lt;em&gt;&lt;a href="https://www.newsnationnow.com/the-hill/virginia-data-center-noise/"&gt;News Nation&lt;/a&gt; &lt;/em&gt;that the community was initially assured the generators were only being tested for emergencies.&lt;/p&gt;

&lt;p&gt;"We were told in the beginning that they test the generators to make sure they're working in case of an emergency. And then as the year and the months have gone on, they're just never turned off," Doue said. &lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/4E9066CA871A8FE205A90BC7A7BFB0DC_80.jpg?itok=XUIAuxaI" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/4E9066CA871A8FE205A90BC7A7BFB0DC_80.jpg?itok=XUIAuxaI"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="8b93f9b3-4ab5-4656-8d2b-1ef3ecc2cd1e" data-responsive-image-style="inline_images" height="281" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/4E9066CA871A8FE205A90BC7A7BFB0DC_80.jpg?itok=XUIAuxaI" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Another neighbor, Greg Pirio, has reached out to attorneys over the issue&lt;/strong&gt;. He described the impact bluntly:&lt;/p&gt;

&lt;p&gt;"You just hear this noise, it's just like, you just want to curse, you know, it's that bad."&lt;/p&gt;

&lt;p&gt;Some residents have taken drastic steps to cope. One placed a mattress against their window to muffle the sound. &lt;strong&gt;Another installed plexiglass and began monitoring decibel levels with a sound meter.&lt;/strong&gt; Concerns center on sleep disruption, stress, and falling property values.&lt;/p&gt;

&lt;p&gt;Vantage Data Centers officials told NewsNation they continue to monitor noise levels and do not believe the sound exceeds Loudoun County's limits - which is &lt;strong&gt;55 decibels&lt;/strong&gt; in Residential and rural areas and &lt;strong&gt;60 decibels&lt;/strong&gt; in Mixed-use residential areas. Exceptions include generators operating during emergencies, at utility request, or during testing.&lt;/p&gt;

&lt;h2&gt;Virginia: America's Data Center Capital&lt;/h2&gt;

&lt;p&gt;Virginia has the largest concentration of data centers in the United States - &lt;strong&gt;287 operational&lt;/strong&gt; and &lt;strong&gt;398 prospective&lt;/strong&gt;, according to Pew Research. Loudoun County has become ground zero for this boom, often called "Data Center Alley."&lt;/p&gt;

&lt;p&gt;The economic upside is significant. Data centers generate &lt;strong&gt;almost half of Loudoun County's property tax revenues&lt;/strong&gt;, funding schools and public services while helping keep residential tax rates lower.&lt;/p&gt;

&lt;p&gt;However, the facilities consumed approximately &lt;strong&gt;26% of Virginia's total electricity&lt;/strong&gt; in 2023, contributing to higher energy costs for all residents.&lt;/p&gt;
&lt;iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/AtXD4EFOsCg?si=S-o2UFi4zbdNjp5n" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;

&lt;p&gt;The situation in Sterling reflects a broader national tension. On June 18, 2026, the Federal Energy Regulatory Commission issued show-cause orders requiring major grid operators to justify or update rules for connecting large energy users such as data centers.&lt;/p&gt;

&lt;p&gt;President Trump has encouraged data center developers to build dedicated on-site power sources - the exact model used by Vantage in Sterling - to protect regular utility customers from rate hikes.&lt;/p&gt;

&lt;p&gt;Residents near the Vantage site acknowledge the benefits of data centers, including jobs, tax revenue, and essential digital infrastructure, but strongly object to their placement directly next to homes.&lt;/p&gt;

&lt;p&gt;"Do everything in your power to try and stop it from being built in an area that has any residential properties within 10 or 15 miles of it," said Doue. &lt;/p&gt;
&lt;/article&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T23:15:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 19:15&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 23:15:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115753 at https://www.zerohedge.com</guid>
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  <title>NY Pride Group Disbands After Drag Queen Founder - A School Board Member - Arrested On Child Sexting Charges</title>
  <link>https://www.zerohedge.com/political/ny-pride-group-disbands-after-drag-queen-founder-school-board-member-arrested-child</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;NY Pride Group Disbands After Drag Queen Founder - A School Board Member - Arrested On Child Sexting Charges&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;A New York LGBTQ+ advocacy group &lt;strong&gt;has canceled a scheduled pride parade and disbanded&lt;/strong&gt; after its founder was &lt;strong&gt;arrested on child-sexting charges&lt;/strong&gt;. &lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/ny-pride-group-disbands-after-founder-is-arrested-for-disgusting-alleged-crime-with-minor_80.jpg?itok=7K6kmgCD" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/ny-pride-group-disbands-after-founder-is-arrested-for-disgusting-alleged-crime-with-minor_80.jpg?itok=7K6kmgCD"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="1a9a58d5-ed3c-48b8-84d6-71dacfb59d8a" data-responsive-image-style="inline_images" height="281" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/ny-pride-group-disbands-after-founder-is-arrested-for-disgusting-alleged-crime-with-minor_80.jpg?itok=7K6kmgCD" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Travis J. Longo, 46, of Cazenovia - a drag queen and a member of the Cazenovia School District Board of Education (of course), &lt;strong&gt;was arrested on Thursday and charged with four counts of endangering the welfare of a child &lt;/strong&gt;after allegedly sending sexually explicit communications to a child under the age of 12. &lt;/p&gt;

&lt;p&gt;In a now-deleted Facebook post, the group Longo founded, Cazenova Pride Inc., announced that it is "canceling this year's Pride Festival and all associated events, and we are dissolving as an organization." &lt;/p&gt;

&lt;p&gt;"This decision follows serious criminal charges against Travis Longo, the founder of Cazenovia Pride Fest and a longtime figure in our organization," the post continues. "Travis Longo has no further affiliation with Cazenovia Pride Inc."&lt;/p&gt;

&lt;p&gt;Longo, who reportedly performed as a drag queen under the name "Anita Buffem," was listed as a "hostess" at the first Pride festival in Cazenovia in 2021, which was organized by Pride Cazenovia, &lt;a href="&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/axD0fJFYebY?si=irtSzPZE1BRXsbuZ" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen&gt;&lt;/iframe&gt;"&gt;&lt;em&gt;The Blaze&lt;/em&gt;&lt;/a&gt; reports.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;Congratulations to Travis Barr-Longo aka Anita Buffem on being elected to the cazenovia School board and being the second drag performer in the US to be elected to public office. This is how we win and how we outrun in rural America. Shoutout to the @DemocratsNy! &lt;a href="https://t.co/AcH75ak5Ol"&gt;pic.twitter.com/AcH75ak5Ol&lt;/a&gt;&lt;/p&gt;
— The Outrun Coalition (@TheOutrunCo) &lt;a href="https://x.com/TheOutrunCo/status/1803381470779580609?ref_src=twsrc%5Etfw"&gt;June 19, 2024&lt;/a&gt;&lt;/blockquote&gt;

&lt;p&gt;"We are deeply sorry for the pain and disappointment this causes our community," the group's statement concludes. "The years of support, love, and solidarity you have shown us have meant everything. Thank you."&lt;/p&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T22:05:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 18:05&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 22:05:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115751 at https://www.zerohedge.com</guid>
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  <title>Banning Hospitals' 'Certain Contracts' Could Save Americans $45 Billion, Report Finds</title>
  <link>https://www.zerohedge.com/medical/banning-hospitals-certain-contracts-could-save-americans-45-billion-report-finds</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Banning Hospitals' 'Certain Contracts' Could Save Americans $45 Billion, Report Finds&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;article&gt;&lt;p&gt;&lt;em&gt;&lt;a href="https://www.theepochtimes.com/us/banning-hospitals-certain-contracts-could-save-americans-45-billion-report-finds-6050706"&gt;Authored by Travis Gillmore via The Epoch Times&lt;/a&gt;,&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;A ban on certain contracts between hospital systems and health insurers could save Americans around $45 billio&lt;/strong&gt;n, according to a &lt;a href="https://www.whitehouse.gov/research/2026/06/effects-of-banning-anti-competitive-hospital-contracts/"&gt;report&lt;/a&gt; from White House analysts released on June 18.&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image_80%28747%29.jpg?itok=YUsPTBPV" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_80%28747%29.jpg?itok=YUsPTBPV"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="c2d4fc1b-7676-46ce-89e7-1f5c242267c9" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_80%28747%29.jpg?itok=YUsPTBPV" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;Lenox Health Greenwich Village Hospital in Manhattan, New York City, on Nov. 2, 2020. Chung I Ho/The Epoch Times&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;"The Council of Economic Advisers' findings reinforce that the Trump administration is delivering meaningful cost reductions for American patients," White House spokeswoman Allison Schuster told The Epoch Times by email June 19, noting the president's surgical approach to policy development that prioritizes fiscal discipline.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;"By harnessing the use of free-market competition, President Trump has found a real solution to lowering costs instead of blindly throwing more taxpayer money at the problem.&lt;/strong&gt;"&lt;/p&gt;

&lt;p&gt;Administration officials are exploring how best to manage hospital systems and insurers without relying on price controls or heavy-handed regulations.&lt;/p&gt;

&lt;p&gt;At issue are three clauses, known as "anti-steering, anti-tiering, and all-or-nothing" contracts, which critics say shield healthcare providers from competition, thus increasing prices for consumers.&lt;/p&gt;

&lt;p&gt;Anti-steering clauses block insurers from incentivizing or guiding clients toward cheaper options or providers, even when their data indicate clear savings potential.&lt;/p&gt;

&lt;p&gt;Anti-tiering is used to stop insurers from categorizing hospital systems in less desirable benefit tiers that would reduce profit margins by forcing the providers to cover higher patient costs.&lt;/p&gt;

&lt;p&gt;Bundled, also known as all-or-nothing, contracts require insurers to include all hospitals and physicians in a system, eliminating the option to negotiate independently.&lt;/p&gt;

&lt;p&gt;Combined,&lt;strong&gt; the provisions result in more expensive healthcare, with higher rates, less efficiency, and limited insurance plan innovation due to reduced competition.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;In markets where the clauses in question are widespread, a ban would lead to an 18 percent decline in hospital and physician prices, amounting to approximately $4,100 per inpatient admission, according to the report.&lt;/p&gt;

&lt;p&gt;Premium prices would decline by about 7 percent, saving the average family about $1,800 annually, the report found, with aggregate reductions totaling about $45 billion and up to $63 billion.&lt;/p&gt;

&lt;p&gt;Workers would benefit from higher take-home pay and lower out-of-pocket costs thanks to the reduced insurance costs. Small businesses and employers would also get relief with lower costs.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Analysts arrived at the numbers by calculating several variables, including the increased leverage insurers would gain while bargaining, &lt;/strong&gt;with an expectation that prices would drop by about 8 percent as a result.&lt;/p&gt;

&lt;p&gt;Allowing steering and tiering will improve patient management and shift care toward lower-cost providers, with transparencies helping reduce prices by about 4 percent, according to the report.&lt;/p&gt;

&lt;p&gt;Free-market dynamics are expected to drive dynamic competition, with efficient, low-cost competitors helping further drive down costs by about 3 percent.&lt;/p&gt;

&lt;p&gt;Proposed policies prioritize healthcare in rural areas, with bans aimed at lowering premiums while boosting independent rural hospitals.&lt;/p&gt;

&lt;p&gt;Crackdowns are underway in the form of federal legal proceedings, with eyes on a national framework to codify the proposals.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;"Thanks to the Trump administration's crackdown on anti-steering, anti-tiering, and all-or-nothing contracts by hospitals, everyday Americans are directly benefitting from lower premium contributions and higher take-home wages," &lt;/strong&gt;Schuster said.&lt;/p&gt;

&lt;p&gt;Congressional lawmakers are considering a similar course of action with the Healthy Competition for Better Care &lt;a href="https://www.congress.gov/bill/119th-congress/house-bill/6248"&gt;Act&lt;/a&gt; introduced by Rep. Jodey Arrington (R-Texas), which would outlaw the anti-competition clauses.&lt;/p&gt;

&lt;p&gt;Some states, including Connecticut, Massachusetts, and Texas, prohibit certain clauses, though coverage and enforcement vary.&lt;/p&gt;

&lt;p&gt;The report referenced two recent civil antitrust actions brought by the Department of Justice, one against OhioHealth filed in February and settled June 18, with no admission of wrongdoing and the hospital forbidden from using anticompetitive clauses.&lt;/p&gt;

&lt;p&gt;"P&lt;strong&gt;roviding affordable healthcare to Americans is uncontroversial and this Department of Justice will not tolerate corporate prioritization of revenue in contravention of our antitrust laws,&lt;/strong&gt;" Associate Attorney General Stanley Woodward said in a statement.&lt;/p&gt;

&lt;p&gt;A case against New York-Presbyterian Hospital, filed in March, is pending. Justice Department filings allege the hospital is insulated from price competition by contractual clauses, thus raising healthcare costs for New Yorkers.&lt;/p&gt;

&lt;p&gt;A settlement with Sutter Health of Northern California from 2022 offers a successful precedent, according to the report, with the system agreeing to pay $575 million in fines and stop using the contractual clauses and succeeding in the aftermath of the agreement, later receiving recognition for its rural facilities.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Trump has repeatedly placed healthcare at the front of his second-term agenda,&lt;/strong&gt; seeking to address the root causes of high medical costs, including with the release of TrumpRX.gov for prescription medicine at reduced prices.&lt;/p&gt;

&lt;p&gt;He's taken his message on the road around the country in recent weeks, highlighting his actions and plans to further address Americans' healthcare cost burdens.&lt;/p&gt;
&lt;/article&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T21:30:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 17:30&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 21:30:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115734 at https://www.zerohedge.com</guid>
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  <title>Why CME Is Really Suing The CFTC Over Perps</title>
  <link>https://www.zerohedge.com/markets/why-cme-really-suing-cftc-over-perps</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Why CME Is Really Suing The CFTC Over Perps&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;&lt;a href="https://www.bankless.com/read/why-cme-suing-cftc-perps"&gt;&lt;em&gt;Authored by David Christopher via Bankless.com,&lt;/em&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;&lt;strong&gt;CME wants Kalshi's Bitcoin perp reclassified as a swap, not banned. That distinction reveals what's actually at stake in the CFTC lawsuit.&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/why-cme-suing-cftc-perps-feature.jpg?itok=Aev-5GOF" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/why-cme-suing-cftc-perps-feature.jpg?itok=Aev-5GOF"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="36f3e1f7-48ab-44f6-acd1-a8de230949f7" data-responsive-image-style="inline_images" height="250" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/why-cme-suing-cftc-perps-feature.jpg?itok=Aev-5GOF" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Yesterday, CME, the country's dominant derivatives exchange, &lt;a href="https://www.bankless.com/read/news/cme-group-sues-cftc-over-perpetual-futures-approval?ref=bankless.ghost.io"&gt;&lt;u&gt;sued the CFTC&lt;/u&gt;&lt;/a&gt; over its recent approval of regulated crypto perpetual futures.&lt;/p&gt;

&lt;p&gt;The exchange argues Kalshi's  &lt;u&gt;Bitcoin&lt;/u&gt; perp should be treated as a swap, not a futures contract, a classification shift that would push the product into a more restrictive, institution-facing rulebook. The &lt;a href="https://www.reuters.com/legal/government/cme-sue-commodities-regulator-over-perpetual-futures-ceo-duffy-tells-cnbc-2026-06-17/?utm_source=chatgpt.com"&gt;&lt;u&gt;CFTC called the suit&lt;/u&gt;&lt;/a&gt; "frivolous" and said it looks forward to dismissing it.&lt;/p&gt;

&lt;p&gt;We've known for some time that major exchanges like CME and ICE have grown uneasy about the rise of perpetuals, an unease already visible in their push to have regulators scrutinize  &lt;u&gt;Hyperliquid&lt;/u&gt; over manipulation, sanctions evasion, anything they can find.&lt;/p&gt;

&lt;p&gt;Why? Because regulators have finally opened a compliant path for Americans to trade an entirely new class of derivatives, one whose financial efficiency threatens the effectively monopolistic business model of these incumbents.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;CME is scared of perps. No one should be scared of CME. &lt;a href="https://t.co/l0ZHyqcpPk"&gt;https://t.co/l0ZHyqcpPk&lt;/a&gt;&lt;/p&gt;
— Jake Chervinsky (@jchervinsky) &lt;a href="https://x.com/jchervinsky/status/2067633644731019708?ref_src=twsrc%5Etfw"&gt;June 18, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;h2&gt;&lt;strong&gt;The Label Is the Business Model&lt;/strong&gt;&lt;/h2&gt;

&lt;p&gt;CME's legal argument turns on a label.&lt;/p&gt;

&lt;p&gt;If Kalshi's Bitcoin perp is a futures contract, it can trade on a regulated futures exchange, where regular U.S. users can access it. If it is a swap, it falls into a heavier rulebook built largely for institutional derivatives, making it harder to launch, harder to distribute, and functionally out of reach for most retail traders.&lt;/p&gt;

&lt;p&gt;That distinction sounds technical, and it echoes the same fight playing out over prediction markets, but the effect here is simple: whether perps will be accessible to retail users, or reserved primarily for institutional actors.&lt;/p&gt;

&lt;p&gt;CME's filing comes wrapped in safety language, but, as always, the motivation is financial. Perps threaten the part of CME's business built around expiration.&lt;/p&gt;

&lt;p&gt;A normal futures contract expires. To hold the same exposure, a trader has to roll into a new contract before it does. CME collects another round of trading and clearing fees on every roll, and that churn feeds the market data business it sells on top.&lt;/p&gt;

&lt;p&gt;A perpetual future doesn't expire. A trader holds the same position open indefinitely and settles periodic funding payments instead of rolling.&lt;/p&gt;

&lt;p&gt;No roll means no recurring trade, and that breaks a rhythm CME's business is built on. The market already understands the threat. &lt;a href="https://www.reuters.com/legal/government/cme-sue-commodities-regulator-over-perpetual-futures-ceo-duffy-tells-cnbc-2026-06-17/?utm_source=chatgpt.com"&gt;&lt;u&gt;When regulators opened the door&lt;/u&gt;&lt;/a&gt; to regulated U.S. perps, shares of CME, Cboe, and ICE fell as investors priced in real competition.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;Chair Selig has broadcast we are getting Hyperliquid and it will be before the election.&lt;br /&gt;&lt;br /&gt;
There will be US compliant front ends to access the giant liquidity pool on Hyperliquid.&lt;br /&gt;&lt;br /&gt;
The CME is as pissed as Nevada is about losing their monopoly to prediction markets.&lt;br /&gt;&lt;br /&gt;
Welcome to… &lt;a href="https://t.co/IYFmfWZPwL"&gt;https://t.co/IYFmfWZPwL&lt;/a&gt;&lt;/p&gt;
— Mister Todd (@pondermint) &lt;a href="https://x.com/pondermint/status/2067415757072249120?ref_src=twsrc%5Etfw"&gt;June 18, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;h2&gt;&lt;strong&gt;Why Perps Keep Gaining Ground&lt;/strong&gt;&lt;/h2&gt;

&lt;p&gt;None of this makes perps harmless. They can involve leverage, liquidations, and funding costs that quietly eat into a position over time. CME CEO Terry Duffy is right that many retail traders don't fully understand those risks, and the venues offering perps should do the work to make them clear.&lt;/p&gt;

&lt;p&gt;But blocking regulated U.S. perps does not make demand disappear. It pushes Americans back offshore, where they get fewer disclosures, weaker oversight, and less protection when something breaks.&lt;/p&gt;

&lt;p&gt;That is why the better answer is to regulate the instrument clearly: leverage limits, margin standards, and liquidation transparency.&lt;/p&gt;

&lt;p&gt;Crypto is where this starts because the markets are already mature. That makes Bitcoin perps the easiest place for regulators to begin. But given the demand we've seen with HIP-3, it won't be long before the model stretches to stocks, indices, and ETFs.&lt;/p&gt;

&lt;p&gt;That is what makes CME's lawsuit so revealing. The exchange is asking for a reclassification, not a ban. You do not do that to a product you think you can kill. If you can kill it, you kill it. If you can't, you relocate it, cut it off to slow the bleed.&lt;/p&gt;

&lt;p&gt;This is the history of crypto. A better technology emerges, users are drawn to its merits, incumbents call it dangerous, and the regulatory fight begins. Those fights have rarely decided whether the old model gets protected. They simply decide how long.&lt;/p&gt;

&lt;p&gt;The Perpification has already begun, and all incumbents can hope to do is slow it down.&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T20:20:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 16:20&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 20:20:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115746 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>Agri Markets Hit By "Aggressive Positioning Washout" But Supply Risks Linger</title>
  <link>https://www.zerohedge.com/commodities/agri-markets-hit-aggressive-positioning-washout-supply-risks-linger</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Agri Markets Hit By "Aggressive Positioning Washout" But Supply Risks Linger&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;The Bloomberg Agriculture Spot Index has nearly reversed its US-Iran war gains in recent weeks, as sliding fertilizer and energy prices, along with an interim peace deal between Washington and Tehran, have reopened the Strait of Hormuz and initiated the &lt;a href="https://www.zerohedge.com/energy/chart-day-hormuz-ship-traffic-rebounds-highest-level-start-war"&gt;normalization process&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/Snag_4b4bb22_0.png?itok=PQOzvKDZ" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/Snag_4b4bb22_0.png?itok=PQOzvKDZ"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="b6b7e880-bf6a-4099-9ab3-599833154322" data-responsive-image-style="inline_images" height="277" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/Snag_4b4bb22_0.png?itok=PQOzvKDZ" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Daryna Kovalska, a commodity strategist at BofA Global Research, told clients that, with agricultural markets having undergone an aggressive positioning washout, there is reason to believe the selloff in the corn market is overdone.&lt;/p&gt;

&lt;p&gt;Kovalska pointed out that while improved US rains, easing geopolitical risks, and lower urea prices have stripped weather and war premiums from the market, her team believes risks have been deferred rather than eliminated. She remains constructive on corn, while trimming its 2026 upside target to $5.50 per bushel from $6.00.&lt;/p&gt;

&lt;p&gt;More color here from her note titled &lt;em&gt;"&lt;strong&gt;Corn market cools, but risks simmer beneath&lt;/strong&gt;":&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Ag markets hit by sharp spec long liquidation…&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Agricultural markets have undergone an aggressive positioning washout, with net spec longs down 88% in three weeks. Corn hasn’t been spared: managed money flipped from decade-high longs to a net short by June 9, sending Dec 26 prices to a low of $4.4/bu.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/2026-06-19_12-40-05.png?itok=WcjKTq6Z" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2026-06-19_12-40-05.png?itok=WcjKTq6Z"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="a8ead523-35f7-4d44-b3fe-d933d0ab6899" data-responsive-image-style="inline_images" height="448" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-19_12-40-05.png?itok=WcjKTq6Z" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;…but we believe the corn selloff is overdone&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Corn sentiment has softened, as geopolitical and weather risks have eased. But risks have not disappeared; rather, they look deferred and could still trigger a supply shock. We remain constructive, though, trimming our 2026 upside to $5.5/bu from $6.0/bu, supported by three key arguments.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/2026-06-19_12-40-48.png?itok=OrGI2b2I" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2026-06-19_12-40-48.png?itok=OrGI2b2I"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="e936704c-0e42-4669-8c8b-9ea2c5e1b87c" data-responsive-image-style="inline_images" height="140" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-19_12-40-48.png?itok=OrGI2b2I" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;1: Weather risk premium has been stripped out too early…&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Improved US rains have eased weather risks in the corn market, but threats persist in certain states. Nebraska (12% of US production) remains in severe drought, with crop conditions 20% below average, while South Dakota and Kansas ratings (another 12% of output) are at risk of deteriorating without sustained rainfall.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;…especially with an unprecedented El Nino unfolding&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;The Australian Bureau of Meteorology continues to warn of an historic El Niño event. Brazil’s corn output could be hit hard, declining 10% yoy in 2026/27E. Iowa state also shows a pattern of sharply depleted soil moisture during analogues.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/2026-06-19_12-41-26.png?itok=a48InJ8N" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2026-06-19_12-41-26.png?itok=a48InJ8N"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="f3665df7-f1f8-47f8-af14-800ed0618b6d" data-responsive-image-style="inline_images" height="246" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-19_12-41-26.png?itok=a48InJ8N" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;2: Brazil fertilizer supply remains a concern&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Urea prices have eased, but despite a potential US-Iran deal to be signed on June 19, the Strait of Hormuz still needs to be de-mined and resume operations, with timing critical as Brazil’s peak dispatch window approaches. Substitution efforts remain insufficient, with nitrogen imports still down 15% yoy, putting first crop corn yields at risk of a 10% decline if Gulf urea shipments do not restart before the end of July. Phosphate constraints are compounding risks to the new crop, which could fall 10 mn t yoy.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;3: US-China $17bn deal could upend the market&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;The White House expects China to buy at least $17bn of US ags annually in 2026 (pro- rated) and 2027-28. Mirroring Phase One, we think US corn exports to China could surge from zero in 2025 to 5.5 mn t in 2026 and 16 mn t thereafter. While purchases have yet to begin, implementation would materially tighten the US corn market.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/2026-06-19_12-42-17.png?itok=IF5F3ef6" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2026-06-19_12-42-17.png?itok=IF5F3ef6"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="c57cb6e2-b179-4efd-aaee-7eac33aa8c1d" data-responsive-image-style="inline_images" height="251" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-19_12-42-17.png?itok=IF5F3ef6" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;Kovalska provides her team's view from macro to crude to softs:&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/2026-06-19_12-31-55.png?itok=uBLeu3IN" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2026-06-19_12-31-55.png?itok=uBLeu3IN"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="51fcfe34-429c-4353-b9fe-d15a44e0af4c" data-responsive-image-style="inline_images" height="411" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-19_12-31-55.png?itok=uBLeu3IN" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Here's her price forecasts across softs:&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/2026-06-19_12-32-04.png?itok=LSzKEjDZ" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/2026-06-19_12-32-04.png?itok=LSzKEjDZ"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="4f19c13f-c8aa-4e01-950f-46ecc1521377" data-responsive-image-style="inline_images" height="124" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-19_12-32-04.png?itok=LSzKEjDZ" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;With the war-risk premium evaporating from agricultural markets, Kovalska believes that lingering risks around weather, fertilizer flows, &lt;a href="https://www.zerohedge.com/weather/first-major-weather-organization-declares-el-nino-onset-food-inflation-risks-intensify"&gt;El Niño&lt;/a&gt;, and Chinese demand could still combine to tighten global supply and push prices higher again.&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T19:45:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 15:45&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 19:45:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115673 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>DOJ Can Provide Biden's Conversations With Ghostwriter To Heritage Foundation, Judge Says</title>
  <link>https://www.zerohedge.com/political/doj-can-provide-bidens-conversations-ghostwriter-heritage-foundation-judge-says</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;DOJ Can Provide Biden's Conversations With Ghostwriter To Heritage Foundation, Judge Says&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;article&gt;&lt;p&gt;&lt;em&gt;&lt;a href="https://www.theepochtimes.com/us/doj-can-provide-bidens-conversations-with-ghostwriter-to-heritage-foundation-judge-says-6050822"&gt;Authored by Troy Myers via The Epoch Times&lt;/a&gt;,&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;A federal judge on Friday rejected former President Joe Biden's bid to prevent the conservative Heritage Foundation from receiving redacted transcripts &lt;/strong&gt;and recordings of conversations he had with a ghostwriter for his 2017 memoir.&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image_80%28737%29.jpg?itok=8itwU4Pt" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_80%28737%29.jpg?itok=8itwU4Pt"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="ef05e3f0-b113-4c7b-aabb-88b477b81422" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_80%28737%29.jpg?itok=8itwU4Pt" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;Former President Joe Biden speaks in Chicago on April 15, 2025. Nam Y. Huh/AP Photo&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;Although District Judge Dabney Friedrich delayed her own decision by three weeks later on Friday to allow for the D.C. Circuit Court of Appeals to rule on the matter, she said her order will remain in place because of the recording and transcripts' significant public interest.&lt;/p&gt;

&lt;p&gt;"&lt;strong&gt;This case involves an unusually strong public interest &lt;/strong&gt;in the release of law enforcement materials to outweigh the privacy interests protected by [the Freedom of Information Act's] exemptions," the judge said.&lt;/p&gt;

&lt;p&gt;The Epoch Times attempted to reach out to Biden for comment but did not receive a response by publication time.&lt;/p&gt;

&lt;p&gt;The Heritage Foundation's lawsuit originated in 2024. The group sought the transcripts and recordings from conversations the former president had with his ghostwriter, Mark Zwonitzer, to produce his memoir, "Promise Me Dad: A Year of Hope, Hardship, and Purpose."&lt;/p&gt;

&lt;p&gt;In January 2023, then-Attorney General Merrick Garland launched a probe into Biden's alleged keeping of classified documents at the Penn Biden Center for Diplomacy and Global Engagement at the University of Pennsylvania and at his private residence in Wilmington, Delaware.&lt;/p&gt;

&lt;p&gt;Garland appointed former Special Counsel Robert Hur to investigate and potentially prosecute any federal crimes that arose - none did.&lt;/p&gt;

&lt;p&gt;In Hur's February 2024 final report, &lt;strong&gt;he noted Biden's "diminished faculties and faulty memory" during an interview and in Biden's 2016 and 2017 recordings with Zwonitzer.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;The former special counsel declined to prosecute Biden for his retention of classified documents because "the evidence [was] not sufficient to convict" and because "it would be difficult to convince a jury that they should convict [Biden] - by then a former president well into his eighties - of a serious felony that requires a mental state of willfulness."&lt;/p&gt;

&lt;p&gt;Hur continued in his report, referring to some of Biden's recorded conversations with Zwonitzer as "painfully slow, with Mr. Biden struggling to remember events and straining at times to read and relay his own notebook entries."&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The Heritage Foundation filed a Freedom of Information Act (FOIA) request for all records that Hur relied on for his final report.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Under Biden, the Department of Justice (DOJ) declined to release the records, citing national security, privacy, and other FOIA exemptions.&lt;/p&gt;

&lt;p&gt;The Heritage Foundation brought its FOIA lawsuit against the Biden DOJ in March 2024. In the two years since, legal proceedings have developed slowly.&lt;/p&gt;

&lt;p&gt;The court stayed proceedings in September 2025 - now with the DOJ under President Donald Trump - after the agency said it would review the documents it was withholding.&lt;/p&gt;

&lt;p&gt;In a May 8 filing, &lt;strong&gt;the DOJ said it "intends to disclose the written transcript and audio recordings at issue in this matter" to Congress&lt;/strong&gt;, with redactions, but Biden moved for a preliminary injunction to prevent their release, which the federal judge denied on Friday.&lt;/p&gt;

&lt;p&gt;Friedrich found in her decision that "in all, Biden is not likely to succeed" in his claims that his privacy interests outweigh the "significant public interest in the disclosure of the redacted Zwonitzer Materials."&lt;/p&gt;

&lt;p&gt;"Biden offers little in the way of specific details about the types of harm he foresees, especially in light of related information already in the public domain," Friedrich wrote.&lt;/p&gt;

&lt;p&gt;Friedrich further said that the ghostwriter records must be provided to the Heritage Foundation.&lt;/p&gt;

&lt;p&gt;The D.C. Circuit Court of Appeals could make its decision on this case in the coming weeks while Friedrich's order is paused.&lt;/p&gt;

&lt;p&gt;Biden has previously pushed back against claims that his cognitive abilities declined during his presidency.&lt;/p&gt;

&lt;p&gt;"They are wrong, there is nothing to sustain that," the former president &lt;a href="https://abcnews.com/Politics/joe-biden-jill-biden-join-view-1st-joint/story?id=121555828"&gt;said&lt;/a&gt; during a May 2025 interview with ABC's "The View."&lt;/p&gt;
&lt;/article&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T19:10:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 15:10&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 19:10:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115729 at https://www.zerohedge.com</guid>
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  <title>CIA Official Confirms Agency Flip-Flopped Over COVID-19 Origins Over Five-Day Period</title>
  <link>https://www.zerohedge.com/markets/cia-official-confirms-agency-flip-flopped-over-covid-19-origins-over-five-day-period</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;CIA Official Confirms Agency Flip-Flopped Over COVID-19 Origins Over Five-Day Period&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;Over the span of five days in 2021, the CIA abruptly changed its opinion on the origins of COVID-19 from a laboratory to neutral, a newly released document confirms. &lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image_80%28734%29.jpg?itok=4juTZ_2X" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_80%28734%29.jpg?itok=4juTZ_2X"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="9fe2873e-5a2c-424b-88b5-1fd464b35abf" data-responsive-image-style="inline_images" height="352" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_80%28734%29.jpg?itok=4juTZ_2X" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;The seal of the Central Intelligence Agency at the entrance of the agency headquarters in McLean, Va., on Sept. 24, 2022. Evelyn Hockstein/Reuters&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;Originally, CIA analysts concluded that COVID-19 likely came from a high-level laboratory in Wuhan, China located near where the first cases were detected in late 2019, senior CIA officer James Erdman III &lt;a href="https://www.theepochtimes.com/us/cia-analysts-believed-covid-19-came-from-lab-leaders-buried-assessments-whistleblower-6025165"&gt;told&lt;/a&gt; lawmakers in May. Over the span of five days in 2021, however, Edman says the agency changed its stance to 'neutral.' &lt;/p&gt;

&lt;p&gt;Then in September of 2024 during a private briefing between intelligence officials and members of Congress, Rep. Brad Wenstrup (R-OH) inquired as to how the agency came to the conclusion that lab-origin vs. natural origin were about equal, according to yesterday's document release by outgoing DNI Tulsi Gabbard. &lt;/p&gt;

&lt;p&gt;In response, an unnamed CIA employee told Wenstrup that "he made the call to stop the shift to lab because [redacted] had come in the day before they were ready to publish which made them back off the call," according to a &lt;a href="https://www.documentcloud.org/documents/28280168-emails-summarizing-intel-briefings/"&gt;summary&lt;/a&gt; of the briefing compiled by an intelligence official. &lt;/p&gt;

&lt;p&gt;As the &lt;a href="https://www.theepochtimes.com/us/cia-official-confirms-sudden-shift-in-covid-19-origin-assessment-6049630?utm_source=partner&amp;utm_campaign=ZeroHedge"&gt;&lt;em&gt;Epoch Times&lt;/em&gt;&lt;/a&gt; notes further, officials said in a declassified assessment based on information through August 2021 that only one agency - which was not the CIA, based on details since made public - favored a lab origin for COVID-19.&lt;/p&gt;

&lt;p&gt;An updated assessment &lt;a href="https://www.theepochtimes.com/article/us-declassifies-covid-19-origins-report-5354208"&gt;released&lt;/a&gt; in mid-2023 states that the CIA was unable to determine the origin of COVID-19 because both the lab and natural origin theories “rely on significant assumptions or face challenges with conflicting reporting.”&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The CIA &lt;a href="https://www.theepochtimes.com/article/cia-says-covid-19-more-likely-came-from-chinese-lab-5798864"&gt;said&lt;/a&gt; in 2025 that a lab origin for COVID-19 was “more likely.” The Trump administration maintains that COVID-19 came from the lab in China.&lt;/strong&gt;&lt;/p&gt;

&lt;h2&gt;More on Changes&lt;/h2&gt;

&lt;p&gt;A whistleblower in 2023 &lt;a href="https://www.theepochtimes.com/article/cia-officers-paid-to-change-their-position-on-origins-of-covid-19-whistleblower-5490215"&gt;told&lt;/a&gt; members of Congress that the CIA team tasked with analyzing the origins of COVID-19 favored a lab origin, but that after the team was paid, it changed its position.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The CIA at the time denied paying analysts to reach specific conclusions.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Erdman, the senior CIA official, &lt;a href="https://www.theepochtimes.com/us/cia-analysts-believed-covid-19-came-from-lab-leaders-buried-assessments-whistleblower-6025165"&gt;told&lt;/a&gt; a Senate panel in May that he was on a team investigating how intelligence agencies handled the COVID-19 pandemic and that the CIA declined to provide documents the team had requested that may have shed light on the change.&lt;/p&gt;

&lt;p&gt;Erdman said that the team found the shift happened after Dr. Anthony Fauci, at the time the head of the National Institutes of Health’s National Institute of Allergy and Infectious Diseases - which provided funding for the lab in Wuhan - briefed intelligence officials and suggested to officials that they talk to specific scientists, including researchers who wrote a paper with which Fauci and the institute’s head &lt;a href="https://www.theepochtimes.com/us/former-nih-head-secretly-helped-with-paper-dismissing-theory-covid-19-came-from-lab-6047070"&gt;secretly assisted&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The paper, called “Proximal Origin,” purported to rule out a laboratory origin.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Wenstrup also asked intelligence officials in the 2024 briefing about a white paper that National Center for Medical Intelligence analysts compiled as a rebuttal to the “Proximal Origin.” The authors of the white paper felt their conclusions were ignored by intelligence officials, they informed Wenstrup.&lt;/p&gt;

&lt;p&gt;A representative for the center was not prepared for the questioning, “which annoyed Wenstrup,” according to the briefing summary.&lt;/p&gt;

&lt;h2&gt;Fauci Briefed Intelligence Officials&lt;/h2&gt;

&lt;p&gt;Fauci briefed intelligence officials on June 4, 2021, and promoted the idea that COVID-19 had a natural origin, according to another briefing summary released by Gabbard.&lt;/p&gt;

&lt;p&gt;Fauci “recommended that [intelligence officials] take a look at Tulane’s paper on two lineages from two separate markets,” the summary states. “To Dr. Fauci, this paper’s findings were a clear indication of natural origins of COVID-19.”&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Fauci also “reminded the group that even for SARS, it took 12 years to make the link to a bat even though it only took 4 months to identify the natural reservoir” and that “we still haven’t identified source/origin of Ebola,” &lt;/strong&gt;which is believed to have a natural origin, according to the summary.&lt;/p&gt;

&lt;p&gt;Fauci, who has not responded to requests for comment, told lawmakers during a hearing in 2024 that he did not talk about viral research related to COVID-19 with intelligence officials.&lt;/p&gt;

&lt;p&gt;“A&lt;strong&gt;fter the investigations began about COVID, I was briefed by intelligence agencies about possibilities of there being activities going on in different laboratories&lt;/strong&gt;,” he said.&lt;/p&gt;

&lt;p&gt;In another readout of the 2021 briefing, Fauci was said to have suggested intelligence officials connect with three scientists whose names were redacted.&lt;/p&gt;

&lt;p&gt;“All three ... have advocated for features of the virus that they judge to be consistent with a natural origin,” the readout states.&lt;/p&gt;

&lt;p&gt;An email disclosed that one of the scientists was Kristian Andersen, a Scripps Research researcher who coauthored the “Proximal Origin.”&lt;/p&gt;

&lt;p&gt;Andersen &lt;a href="https://www.theepochtimes.com/health/journal-urged-to-retract-fauci-backed-paper-claiming-natural-origin-for-covid-19-post-5427115"&gt;said&lt;/a&gt; in private messages with coauthors that COVID-19 may have been engineered before the paper was published. He has &lt;a href="https://www.theepochtimes.com/us/virologists-defend-paper-on-origins-of-covid-19-at-contentious-house-hearing-5395939"&gt;said&lt;/a&gt; that further analysis of the virus altered his and others’ views.&lt;/p&gt;

&lt;p&gt;“&lt;strong&gt;Dr. Fauci was the behind-the-scenes adviser who, alongside his hand-picked so-called experts, pushed the intelligence community to endorse a natural animal origin to hide his dangerous gain-of-function research that he funded using taxpayer dollars&lt;/strong&gt;,” Gabbard said in a video statement posted to X on June 18.&lt;/p&gt;

&lt;p&gt;“All of this in a deliberate attempt to cover up the truth and shift the blame and attention away from Fauci’s own actions.”&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T18:35:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 14:35&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 18:35:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115689 at https://www.zerohedge.com</guid>
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  <title>Swalwell Ordered By FEC To Return Campaign Contributions</title>
  <link>https://www.zerohedge.com/political/swalwell-ordered-fec-return-campaign-contributions</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Swalwell Ordered By FEC To Return Campaign Contributions&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;article&gt;&lt;p&gt;&lt;em&gt;&lt;a href="https://www.theepochtimes.com/us/swalwell-ordered-by-fec-to-return-campaign-contributions-6050679"&gt;Authored by Jill McLaughlin via The Epoch Times&lt;/a&gt;,&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Former California congressman Eric Swalwell was &lt;a href="https://docquery.fec.gov/pdf/898/202606150300351898/202606150300351898.pdf"&gt;ordered&lt;/a&gt; by the Federal Election Commission (FEC) June 15 to return all donations &lt;/strong&gt;received during his bid for governor before dropping out of the race.&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image_80%28741%29.jpg?itok=pWBNDImz" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_80%28741%29.jpg?itok=pWBNDImz"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="26926256-6f4c-4eed-a922-0014adaf6e55" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_80%28741%29.jpg?itok=pWBNDImz" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;Rep. Eric Swalwell (D-Calif.) during a news conference on the introduction of the Protection from Abusive Passengers Act at the U.S. Capitol Building, in Washington on April 6, 2022. Anna Moneymaker/Getty Images&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;The agency charged with enforcing federal campaign finance laws threatened Swalwell with an audit or enforcement action if he fails to give back $30,075 in contributions that 16 donors made to his campaign committee, according to a letter sent to the former candidate.&lt;/p&gt;

&lt;p&gt;"&lt;strong&gt;Failure to comply with the provisions of the Act may also result in an enforcement action against the committee.&lt;/strong&gt;"&lt;/p&gt;

&lt;p&gt;In the letter, FEC Senior Campaign Finance Analyst Mary Seiler also stated Swalwell would not be eligible to request a time extension to give the money back.&lt;/p&gt;

&lt;p&gt;According to the letter, the FEC requires candidates to return contributions to the donors if they drop out of a race. Swalwell did return some of the donations, but not all of them, according to the agency.&lt;/p&gt;

&lt;p&gt;General election contributions can't be used to pay off primary debts or other obligations, the FEC noted.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;All refunds were required to be made by July 20&lt;/strong&gt;. If not, the commission may take further legal action in the case, the FEC said.&lt;/p&gt;

&lt;p&gt;Swalwell and his attorney, Sara Azari, didn't return requests for comment about the FEC's demands.&lt;/p&gt;

&lt;p&gt;Swalwell dropped out of the governor's race in April &lt;strong&gt;after multiple women stepped forward with sexual assault allegations&lt;/strong&gt;, which he has denied. He also faced a U.S. House of Representatives ethics investigation over the accusations and a call from his party to resign.&lt;/p&gt;

&lt;p&gt;The former congressman and candidate continues to face criminal and ethical investigations over the allegations.&lt;/p&gt;

&lt;p&gt;His official state campaign finance disclosure information shows Swalwell collected donations from individuals and organizations until the day he resigned April 13. The last-minute donors included the United Food and Commercial Workers Western States Council Candidate PAC, California Dairies,&lt;strong&gt; real estate developer Jeff Worthe, and Greater Anesthesia Service and PAC - each of which gave him $39,200.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;The last contribution made to Swalwell's campaign was nearly $460,000 on April 18 in "unitemized contributions," according to the state. The report doesn't specify who gave Swalwell the large donation or where it came from.&lt;/p&gt;

&lt;p&gt;The California Secretary of State's office didn't immediately return a request for information about the contribution.&lt;/p&gt;

&lt;p&gt;Swalwell's campaign finance report filed with the state shows he used campaign funds in the final weeks to pay his attorney Azari at least &lt;a href="https://cal-access.sos.ca.gov/Campaign/Committees/Detail.aspx?id=1485146&amp;session=2025&amp;view=expenditures"&gt;$313,000&lt;/a&gt; and the Democratic political media firm KMM Strategies more than $600,000.&lt;/p&gt;

&lt;h2&gt;Filling Swalwell's Seat&lt;/h2&gt;

&lt;p&gt;Democratic state Sen. Aisha Wahab, a progressive from Hayward, California, advanced June 16 in a special general election to fill Swalwell's vacant U.S. House seat.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Swalwell resigned from Congress in April, a day after ending his campaign for governor.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Wahab will move on to the Aug. 18 runoff to determine who will fill the remainder of Swalwell's term through January.&lt;/p&gt;

&lt;p&gt;Democrat Melissa Hernandez, a transit director and former mayor of Dublin, California, was in second place June 19 but votes were still being counted.&lt;/p&gt;

&lt;p&gt;The district includes East Bay cities of Fremont, Hayward, and Livermore, which heavily favors Democrats.&lt;/p&gt;

&lt;p&gt;A regular primary was held June 2 to elect a new Congress member for the district to a full term. Wahab and Hernandez were the top two vote-getters.&lt;/p&gt;
&lt;/article&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T18:00:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 14:00&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 18:00:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115732 at https://www.zerohedge.com</guid>
    </item>
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  <title>Russian Oil Refinery Over 1,200 Miles From Ukraine Attacked In Another War First</title>
  <link>https://www.zerohedge.com/geopolitical/russian-oil-refinery-over-1200-miles-ukraine-attacked-another-war-first</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Russian Oil Refinery Over 1,200 Miles From Ukraine Attacked In Another War First&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;After this week's devasting Ukrainian &lt;a href="https://www.zerohedge.com/geopolitical/russia-vows-massive-group-strikes-ukraine-after-drone-swarm-attack-refinery"&gt;drone attacks on a Moscow refinery&lt;/a&gt; which sent massive plumes of black smoke across the capital city skyline, it has become obvious that the Zelensky's government believes its last major card to play is escalation of its UAV attacks deep inside Russian territory.&lt;/p&gt;

&lt;p&gt;This is once again on display as on Saturday Ukraine launched a drone attack targeting an oil refinery in Russia's Tyumen region for the first time since the the war. Significantly, Tyumen region is&lt;strong&gt; located some 2,000 kilometers (or 1,240 miles) from the front line in Ukraine&lt;/strong&gt;.&lt;/p&gt;

&lt;p&gt;Regional Governor Alexander Moor confirmed this first such attack on this region since the war's start. &lt;strong&gt;Moor claimed that Russian air defenses successfully defended against the attack&lt;/strong&gt; on the the Tyumen oil refinery, one of Russia's largest. "An attack by unmanned aerial vehicles on the Tyumen refinery has been repelled. Emergency services specialists are working at the site where debris fell," he &lt;a href="https://www.aa.com.tr/en/eurasia/russia-says-ukraine-attempted-to-strike-remote-tyumen-region-for-1st-time-since-beginning-of-conflict/3973015"&gt;stated&lt;/a&gt;. "According to preliminary information, the plant was not damaged and employees have been evacuated," Moor announced on Telegram.&lt;/p&gt;

&lt;p&gt;However, &lt;strong&gt;unverified but widely circulating footage and photographs suggest otherwise&lt;/strong&gt;...&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;⚡️Columns of smoke rising from western Siberia after Ukrainian long-range drones targeted the Russian oil refinery "Tyumen" (Antipinsky) more than 2,000 kilometers from the border. &lt;a href="https://t.co/9VqVMJQzJl"&gt;pic.twitter.com/9VqVMJQzJl&lt;/a&gt;&lt;/p&gt;
— War Monitor (@WarMonitors) &lt;a href="https://x.com/WarMonitors/status/2068325325268717877?ref_src=twsrc%5Etfw"&gt;June 20, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;Reuters, reporting on the attack, &lt;a href="https://www.reuters.com/business/energy/russia-says-it-repelled-drone-attack-oil-refinery-tyumen-region-2026-06-20/"&gt;writes&lt;/a&gt; that "The Tyumen refinery, one of the country's ​most modern ​and ⁠complex, has a nominal capacity of around 8 million ​metric tons per year."&lt;/p&gt;

&lt;p&gt;"It ​processes ⁠roughly 6 million tons of crude annually, producing about 0.5 million ⁠tons ​of gasoline and 2.5 ​million tons of diesel, according to industry estimates," the report also notes.&lt;/p&gt;

&lt;p&gt;Ukrainian media, and some Russian Telegram channels are asserting that the refinery did &lt;a href="https://unn.ua/en/news/thick-smoke-recorded-over-tyumen-refinery-after-drone-attack"&gt;suffer a hit&lt;/a&gt;:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;"Thick smoke is visible above the Tyumen Oil Refinery - the former Antipinsky Oil Refinery - in Tyumen," reports the ASTRA Telegram channel, citing its analysis data, adding: "Earlier, the governor reported repelling a UAV attack on this plant and the absence of damage to the enterprise."&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;The fact that&lt;strong&gt; "thick smoke is visible above the Tyumen Oil Refinery in Tyumen," as stated, was established by an ASTRA OSINT analyst from a witness video&lt;/strong&gt;.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;"At the same time, local residents reported hearing at least two explosions in the Antipino microdistrict, where the Tyumen Oil Refinery is located, and also saw at least 10 fire trucks heading towards the plant," ASTRA points out.&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;This past Thursday saw what many are calling most brazen offensive of the war to date, after 200 Ukrainian &lt;a href="https://www.zerohedge.com/geopolitical/massive-ukrainian-drone-swarm-attack-moscow-hits-refinery"&gt;suicide drones swarmed&lt;/a&gt; Gazprom's Moscow Refinery, inflicting heavy damage.&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/tyumn.jpg?itok=QnuacEV9" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/tyumn.jpg?itok=QnuacEV9"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="37b35125-8f43-41f4-8900-48b55afd8402" data-responsive-image-style="inline_images" height="279" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/tyumn.jpg?itok=QnuacEV9" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;Oil refinery in Tyumen, file image&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;But rather than back down in the face of Moscow's new threats of "massive group strikes" on Ukraine, it seems Ukrainian forces are flexing with yet more attacks on Western Siberia. &lt;/p&gt;

&lt;p&gt;The Kremlin has long believed that Ukraine can't accomplish such sophisticated long-distance strikes on its own, but that it has had significant targeting help from US and Western allied intelligence.&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T17:25:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 13:25&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 17:25:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115742 at https://www.zerohedge.com</guid>
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  <title>Trump Unveils New Air Force One Plane</title>
  <link>https://www.zerohedge.com/political/trump-unveils-new-air-force-one-plane</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Trump Unveils New Air Force One Plane&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;article&gt;&lt;p&gt;&lt;em&gt;&lt;a href="https://www.theepochtimes.com/us/trump-unveils-new-air-force-one-plane-6050662"&gt;Authored by Jacob Burg via The Epoch Times&lt;/a&gt;,&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;President Donald Trump on June 19 unveiled the plane that will serve as the new Air Force One,&lt;/strong&gt; a $400 million Boeing 747-8 luxury jet that was &lt;strong&gt;gifted to the United States by the Qatari government in 2025.&lt;/strong&gt;&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image_80%28740%29.jpg?itok=-Dq5NI0n" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_80%28740%29.jpg?itok=-Dq5NI0n"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="05bb4155-061d-4556-b3ab-5713425ff3b8" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_80%28740%29.jpg?itok=-Dq5NI0n" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;President Donald Trump delivers remarks after touring the newest aircraft in the presidential fleet at Andrews Air Force Base at Joint Base Andrews, Md., on June 19, 2026. Alex Wong/Getty Images&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;Trump stepped down from the plane inside a new hangar at Joint Base Andrews that was specially built for it. &lt;strong&gt;The plane is much larger than the previous jets that served as Air Force One, he said.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;"The biggest difference is the difference in size, it's like virtually double the size. And actually, on a runway, it looks even more so," Trump said after shaking hands with Air Force officials.&lt;/p&gt;

&lt;p&gt;Trump called the new plane "very unique."&lt;/p&gt;

&lt;p&gt;"&lt;strong&gt;This is considered the world's most luxurious plane. When it was built, it was built at a level that will probably never be seen again&lt;/strong&gt;," he said.&lt;/p&gt;

&lt;p&gt;The aircraft will soon "commence its initial commissioning flights," which will be the jet's "final exam" before it's ready to transport the president, the Air Force said in a &lt;a href="https://www.af.mil/News/Article-Display/Article/4522274/vc-25b-bridge-aircraft-arrives-at-joint-base-andrews-begins-commissioning-fligh/"&gt;press release&lt;/a&gt; on Friday.&lt;/p&gt;

&lt;p&gt;"The safety and security of the commander in chief is our highest priority," Air Force Secretary Troy Meink said in a statement.&lt;/p&gt;

&lt;p&gt;"From the beginning, we meticulously evaluated every requirement to accelerate delivery while maintaining the high standards expected of the presidential mission."&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;The Air Force said the plane was painted in red, white, and blue and has received its "final government modifications" &lt;/strong&gt;ahead of its use by the president and his staff.&lt;/p&gt;

&lt;p&gt;Despite the jet being a gift from the Qatari government, preparing pilots and crews for the new plane came with a few costs, according to the Air Force.&lt;/p&gt;

&lt;p&gt;The Pentagon leased an Atlas Air 747-8 in October 2025 to begin training pilots, before ultimately buying a different 747-8 from Lufthansa as a "full-time training asset for the entire crew complement," the Air Force said.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;These efforts were undertaken to "neutralize potential technical hazards on the previously owned aircraft,"&lt;/strong&gt; according to the military.&lt;/p&gt;

&lt;p&gt;"Many thought it could not be done, but the United States Air Force was able to execute and provide a secure, reliable airborne command post on an accelerated timeline," Air Force Chief of Staff Gen. Ken Wilsbach said in a statement.&lt;/p&gt;

&lt;p&gt;The new plane - which will serve as the temporary Air Force One while Boeing completes upgrades on two other jets - &lt;a href="https://www.theepochtimes.com/us/white-house-staff-bid-farewell-to-jet-used-as-air-force-one-for-35-years-6049869"&gt;will replace&lt;/a&gt; a heavily modified Boeing 747-200B, one of three in the current fleet.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Some of the current fleet have been in service for more than 35 years.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Boeing's new fleet has incurred significant delays. Initially slated for a 2024 delivery, the aircraft are now not expected to be flight-ready until 2028.&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Jackson Richman contributed to this report.&lt;/em&gt;&lt;/p&gt;
&lt;/article&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T16:50:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 12:50&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 16:50:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115731 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>Vance 'Skeptical' That Iran Closed Hormuz Strait Again, Pentagon Declares Safe Passage Remains 'Intact Today'</title>
  <link>https://www.zerohedge.com/geopolitical/diplomacy-back-motion-witkoff-kushner-en-route-switzerland-despite-overnight-rising</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Vance 'Skeptical' That Iran Closed Hormuz Strait Again, Pentagon Declares Safe Passage Remains 'Intact Today'&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;h2&gt;Summary&lt;/h2&gt;

&lt;ul&gt;&lt;li&gt;&lt;em&gt;Vance &amp; CENTCOM push back against reports of Hormuz 'closure' by Iranians. &lt;/em&gt;&lt;/li&gt;
	&lt;li&gt;&lt;em&gt;Iran's Ghalibaf, Araghchi en route to US Talks in Switzerland, IRIB reports. Also Witkoff-headed US delegation still expected.&lt;/em&gt;&lt;/li&gt;
	&lt;li&gt;&lt;em&gt;Iran declares Strait 'closed' again over US failing to reign in Israeli action in Lebanon.&lt;/em&gt;&lt;/li&gt;
	&lt;li&gt;&lt;em&gt;Rising death toll in Lebanon, after over 50 new rockets fired on Israeli positions by Hezbollah. &lt;/em&gt;&lt;/li&gt;
&lt;/ul&gt;&lt;script type="application/ld+json"&gt;
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  "name": "Strait of Hormuz traffic returns to normal by end of June?",
  "description": "Prediction market: Yes 8% · No 93% on Polymarket.",
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&lt;/script&gt;&lt;figure aria-label="Polymarket prediction market: Strait of Hormuz traffic returns to normal by end of June?" class="polymarket-embed" id="polymarket-strait-of-hormuz-traffic-returns-to-normal-by-end-of-june" itemscope="" itemtype="https://schema.org/WebPage" style="position:relative;display:inline-block;margin:0"&gt;&lt;iframe allowtransparency="true" frameborder="0" height="300" src="https://embed.polymarket.com/market?market=strait-of-hormuz-traffic-returns-to-normal-by-end-of-june&amp;height=300" title="Strait of Hormuz traffic returns to normal by end of June? — Polymarket Prediction Market" width="400"&gt;&lt;/iframe&gt;

&lt;figcaption style="position:absolute;width:1px;height:1px;padding:0;margin:-1px;overflow:hidden;clip:rect(0,0,0,0);white-space:nowrap;border:0"&gt;&lt;strong&gt;Strait of Hormuz traffic returns to normal by end of June?&lt;/strong&gt;&lt;br /&gt;
Yes 8% · No 93%&lt;br /&gt;&lt;a href="https://polymarket.com/event/strait-of-hormuz-traffic-returns-to-normal-by-end-of-june"&gt;View full market &amp; trade on Polymarket &lt;/a&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;p&gt;*  *  *&lt;/p&gt;

&lt;h2&gt;Iran Closes Strait Again? Vance &amp; CENTCOM Address the Claims&lt;/h2&gt;

&lt;p&gt;Vice President JD Vance has newly told Fox News that he's 'skeptical' of the morning reports and claims that the Iranians once again 'closed' the Strait of Hormuz. Watch:&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;FOX &amp; FRIENDS: The Journal is reporting that the remnants of the Iranian navy are turning ships back in the Strait of Hormuz. Is that a violation of the MOU?&lt;br /&gt;&lt;br /&gt;
JD VANCE: I'm skeptical of that reporting, or at least of some of the conclusions that could drawn from it. We're not… &lt;a href="https://t.co/D4iWxq769p"&gt;pic.twitter.com/D4iWxq769p&lt;/a&gt;&lt;/p&gt;
— Aaron Rupar (@atrupar) &lt;a href="https://x.com/atrupar/status/2068343952583860678?ref_src=twsrc%5Etfw"&gt;June 20, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;US Central Command is also trying to portray that all is well. It issued this statement after the Iranians announced it closed the vital oil transit waterway:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;Commercial ship traffic in the Strait of Hormuz increased June 20 as U.S. forces continued operating in the general area to support freedom of navigation. &lt;strong&gt;Safe passage through the international waterway remained intact today as 55 merchant ships transited&lt;/strong&gt;, moving large amounts of cargo and more than 17 million barrels of oil to global markets.&lt;/p&gt;

&lt;p&gt;The Joint Maritime Information Center issued an advisory this week affirming safe passage for all vessels along a designated route that is free of arbitrary requirement claims or impediments.&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;The Pentagon says it is remaining vigilant with regional forces on high alert. Overall, it seems the White House is keep to at least see its delegation get in the same room with the Iranians in Switzerland. This will certainly be a real start in terms of face-to-face engagement, after the MoU was remotely signed by each side.&lt;/p&gt;

&lt;h2&gt;Iran says Hormuz Strait Closed Again&lt;/h2&gt;

&lt;p&gt;As has become the 'norm' after well over 100 days of war - which some pundits have been calling the "third Gulf war" - there are deeply conflicting headlines emerging Saturday. On the one hand, diplomacy based in Switzerland is said to be in motion, with a potential top level Trump delegation (led by Witkoff and to be joined later by Kushner reportedly/allegedly) - but fighting between Israel and Hezbollah in south Lebanon still rages, with the death toll climbing, and also with Hezbollah rockets still landing against IDF positions as well as in northern Israel.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Will the US and Iranian sides actually meet in Europe for the 'technical' side of further talks toward final peace?&lt;/strong&gt; Saturday has seen reports of Iran having again 'closed' the Strait of Hormuz, citing Israeli aggression in Lebanon, after Tehran has insisted that the tenuous freshly signed MoU included a Lebanon ceasefire and peace. The latest newswires out of Iranian state media:&lt;/p&gt;

&lt;ul&gt;&lt;li&gt;IRAN SAYS HORMUZ TO CLOSE, CITING CEASEFIRE VIOLATION: TASNIM&lt;/li&gt;
	&lt;li&gt;IRAN SAYS STRAIT OF HORMUZ HAS BEEN CLOSED: TASNIM&lt;/li&gt;
	&lt;li&gt;IRAN'S IRGC NAVY SAYS HORMUZ STRAIT CLOSED TO ALL VESSELS: FARS&lt;/li&gt;
	&lt;li&gt;*VESSELS WARNED TO AVOID STRAIT OF HORMUZ OVER SECURITY: FARS&lt;/li&gt;
&lt;/ul&gt;&lt;h2&gt;VP Vance Expected in Switzerland, But He's Ambiguous in FOX Appearance&lt;/h2&gt;

&lt;p&gt;Vance expected in Switzerland, reports Axios on Saturday:&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;🇺🇸🇮🇷Trump envoys arrive in Switzerland for Iran talks planned for Sunday. Vice President Vance could travel to Switzerland today or tomorrow. My story on &lt;a href="https://x.com/axios?ref_src=twsrc%5Etfw"&gt;@axios&lt;/a&gt; &lt;a href="https://t.co/suNH9rkVk9"&gt;https://t.co/suNH9rkVk9&lt;/a&gt;&lt;/p&gt;
— Barak Ravid (@BarakRavid) &lt;a href="https://x.com/BarakRavid/status/2068334966660837678?ref_src=twsrc%5Etfw"&gt;June 20, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;And yet, some of the &lt;strong&gt;same state sources have been saying that an Iranian delegation will travel to Switzerland where it will seek to hold Washington to its commitments&lt;/strong&gt;. &lt;/p&gt;

&lt;p&gt;&lt;strong&gt;“In Switzerland, we intend to press for the fulfilment of the other side’s commitments and clarify how they plan to act on their obligations,”&lt;/strong&gt; the Iranian Foreign Ministry spokesperson &lt;a href="https://www.aljazeera.com/news/liveblog/2026/6/20/iran-war-live-tehran-says-us-must-ensure-israel-ends-attacks-on-lebanon"&gt;said&lt;/a&gt;, according to Fars, also as cited in Al Jazeera.&lt;/p&gt;

&lt;p&gt;Per the same report Saturday mid-morning (US time): "The delegation will leave for Switzerland in a few minutes, Mehr news agency also reported. The spokesperson also said that if the US refuses to implement its commitments, Iran will respond with necessary measures."&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Vance non-committal in Saturday FOX interview:&lt;/strong&gt;&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;FOX &amp; FRIENDS: Do you have any immediate plans to join Jared and Steve?&lt;br /&gt;&lt;br /&gt;
JD VANCE: It's always a delicate coordination dance with the diplomatic protocols. I've gotta be honest with you -- I don't really understand these things &lt;a href="https://t.co/tFr2QZOjQC"&gt;pic.twitter.com/tFr2QZOjQC&lt;/a&gt;&lt;/p&gt;
— Aaron Rupar (@atrupar) &lt;a href="https://x.com/atrupar/status/2068342163650339019?ref_src=twsrc%5Etfw"&gt;June 20, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;So things remain very fluid, and could implode at any moment. The Wall Street Journal adds some fresh details &lt;a href="https://www.wsj.com/world/middle-east/fighting-flares-again-in-lebanon-despite-israel-hezbollah-ceasefire-4d0ffae8?st=jaLmRs&amp;reflink=article_copyURL_share"&gt;as follows&lt;/a&gt;:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p data="[object Object]" data-type="paragraph"&gt;&lt;em&gt;&lt;strong&gt;Iranian security officials said they had closed the Strait of Hormuz, citing what they said was the U.S. failure to stop the fighting in Lebanon as required under the agreement signed earlier this week by President Trump&lt;/strong&gt;.&lt;/em&gt;&lt;/p&gt;

&lt;p data="[object Object]" data-type="paragraph"&gt;&lt;em&gt;The announcement by &lt;a data-type="place" href="https://www.wsj.com/topics/place/iran" target="_blank"&gt;Iran&lt;/a&gt;’s joint military command came as clashes between Israel and Hezbollah flared again in Lebanon on Saturday, just hours after the two sides agreed to a renewed ceasefire. It undid for now the main achievement of the deal, which was to set the stage for reopening a waterway vital to world energy markets.&lt;/em&gt;&lt;/p&gt;

&lt;p data="[object Object]" data-type="paragraph"&gt;&lt;em&gt;Even before Iran’s announcement, however, the recovery of traffic through the strait had been halting. Iran had imposed new procedures, including a demand that ships register to cross two days in advance, and wary shipowners were monitoring the still uncertain environment in the waterway.&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;h2&gt;Widening Split Between US &amp; Israel&lt;/h2&gt;

&lt;p&gt;Since the US-Iran Memorandum of Understanding was signed days ago it's increasingly obvious there's been a widening split between Washington and it's closest Middle East ally Israel over the terms of the deal. The political interests between the Trump administration and Israel, which have been typically lock-step, have &lt;strong&gt;increasingly diverged on the question of the Iran peace and terms of reopening the Strait of Hormuz&lt;/strong&gt;. Ground zero for this divergence &lt;a href="https://www.zerohedge.com/geopolitical/opening-round-us-iran-nuclear-talks-postponed-after-lebanon-clashes-erupt"&gt;has remained south Lebanon&lt;/a&gt;, where the overnight the death toll from fighting - and especially from Israeli air raids - have risen.&lt;/p&gt;

&lt;p&gt;Lebanon's civil defense agency has announced that Israeli attacks on the southern Nabatieh district have &lt;strong&gt;killed 16 people and wounded 12 others&lt;/strong&gt;. The significant death toll comes &lt;strong&gt;a mere day after the latest Israel-Hezbollah ceasefire was announced&lt;/strong&gt;.&lt;/p&gt;

&lt;p&gt;Still, &lt;em&gt;Al Jazeera&lt;/em&gt; is on Saturday &lt;a href="https://www.aljazeera.com/news/liveblog/2026/6/20/iran-war-live-tehran-says-us-must-ensure-israel-ends-attacks-on-lebanon?update=4681451"&gt;confirming&lt;/a&gt; that &lt;strong&gt;"the wheels of diplomacy" appear to be "back in motion" &lt;/strong&gt;after the delay to the technical talks from Friday. "Pakistan and Qatar – mediators – are &lt;strong&gt;holding a series of meetings in Switzerland&lt;/strong&gt;, Iran and Egypt and according to Al Jazeera’s team on the ground," the publication writes. Top American negotiators are reportedly on the way to Europe.&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/lebisrusflags.jpg?itok=OZuPmhXG" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/lebisrusflags.jpg?itok=OZuPmhXG"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="b64af567-98c4-4689-a804-eda0d2172c8c" data-responsive-image-style="inline_images" height="334" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/lebisrusflags.jpg?itok=OZuPmhXG" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;via Reuters&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;Iran too is optimistic, while calling out certain Israeli hardliner politicians for seeking to sabotage peace. State media is hitting this theme hard, and naturally &lt;strong&gt;Tehran is going to seek to drive a deep and permanent wedge between the Trump and Netanyahu administrations&lt;/strong&gt;. &lt;/p&gt;

&lt;h2&gt;Iran: 'Ready to Move Forward'&lt;/h2&gt;

&lt;p&gt;Iran's deputy foreign minister has said the Islamic Republic is &lt;strong&gt;"ready to move forward"&lt;/strong&gt; on diplomacy with Washington, and the big elephant in the room is that &lt;strong&gt;"the United States must ensure Israel abides by the terms of the deal to end the war"&lt;/strong&gt; - according to &lt;a href="https://www.aljazeera.com/news/liveblog/2026/6/20/iran-war-live-tehran-says-us-must-ensure-israel-ends-attacks-on-lebanon?update=4681451"&gt;&lt;em&gt;Al Jazeera&lt;/em&gt;&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;As a reminder, President Trump appears in the mood to play nice with Iran &lt;strong&gt;while bringing the (very rare) pressure on Netanyahu&lt;/strong&gt;. However, Trump himself is facing immense rising pressure from outraged pro-US hawks &lt;a href="https://www.theguardian.com/world/live/2026/jun/19/middle-east-crisis-live-israel-strikes-targets-in-lebanon-as-us-iran-talks-in-switzerland-called-off"&gt;at home&lt;/a&gt;:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;Donald ⁠Trump told NBC News ⁠in a phone ⁠interview that ​he spoke with Israel ⁠on Friday and asked them to ⁠agree to ​a ‌ceasefire ‌with Hezbollah.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;“‘&lt;strong&gt;You just gotta calm down sometimes and use your head&lt;/strong&gt;,’” Trump ‌was quoted as telling &lt;a data-component="auto-linked-tag" data-link-name="in body link" href="https://www.theguardian.com/world/israel"&gt;Israel&lt;/a&gt;.&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Trump declined ​to specify ​whether ​he spoke ​with ‌Benjamin ​Netanyahu directly. A senior US official &lt;a data-link-name="in body link" href="https://www.theguardian.com/world/live/2026/jun/19/middle-east-crisis-live-israel-strikes-targets-in-lebanon-as-us-iran-talks-in-switzerland-called-off?CMP=share_btn_url&amp;page=with%3Ablock-6a353bb48f087fb1fe0622a9#block-6a353bb48f087fb1fe0622a9"&gt;earlier&lt;/a&gt; confirmed the ceasefire to Reuters, though Israeli attacks &lt;a data-link-name="in body link" href="https://www.theguardian.com/world/live/2026/jun/19/middle-east-crisis-live-israel-strikes-targets-in-lebanon-as-us-iran-talks-in-switzerland-called-off?page=with%3Ablock-6a3569368f08c4f67d4d3dad#block-6a3569368f08c4f67d4d3dad"&gt;continue&lt;/a&gt; across Lebanon.&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;h2&gt;Israeli Objections &amp; Overnight Carnage in Lebanon&lt;/h2&gt;

&lt;p&gt;One of the key elements of the MoU the hawks vehemently object to is the creation of a &lt;strong&gt;$300 billion reconstruction plan for Iran&lt;/strong&gt;. But in terms of the main aspect which could derail ongoing negotiations altogether is that the US committed that it and its allies (read: Israel and the Lebanese government) will initiate the "immediate and permanent termination of military operations on all fronts, &lt;strong&gt;including in Lebanon.&lt;/strong&gt;" This is a&lt;strong&gt; major concession by the US to the Iranian side&lt;/strong&gt;.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;❗️FOUR IDF soldiers killed after Hezbollah struck IDF tank in southern Lebanon&lt;br /&gt;&lt;br /&gt;
Including 52nd Battalion Commander who assumed command only days earlier after his predecessor was seriously wounded&lt;br /&gt;&lt;br /&gt;
Hours later, five more wounded, including SERIOUSLY, in drone strike in same area &lt;a href="https://t.co/RQBjyKoxme"&gt;pic.twitter.com/RQBjyKoxme&lt;/a&gt;&lt;/p&gt;
— RT (@RT_com) &lt;a href="https://x.com/RT_com/status/2067895741687718080?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;&lt;strong&gt;But Israel has much more than these things to complain about&lt;/strong&gt;, as it continues to lose troops in recent Hezbollah &lt;a href="https://www.aljazeera.com/news/2026/6/19/destruction-is-the-goal-israel-steers-between-the-us-iran-and-lebanon"&gt;attacks&lt;/a&gt;:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;Israel immediately responded to that agreement by pounding Lebanon, killing at least 47 people on Friday, according to the Lebanese Ministry of Public Health. &lt;strong&gt;Four Israeli soldiers were also killed overnight [Friday] by the armed Lebanese group&lt;/strong&gt;, Hezbollah, prompting Israel’s far-right National Security Minister Itamar Ben-Gvir to say that &lt;strong&gt;“all of Lebanon must burn”.&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;Vice President JD Vance's own recent remarks putting these Israeli officials in their place has been unprecedented spectacle to behold. The "special relationship" remains tenuous, at least in terms of weighing the current heated rhetoric and atmosphere.&lt;/p&gt;

&lt;p&gt;But again, Israel can point to Hezbollah aggression, with Times of Israel (TOI) reporting the latest figures &lt;a href="https://www.timesofisrael.com/liveblog-june-20-2026/"&gt;as follows&lt;/a&gt;:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;The Israeli military says it is striking Hezbollah targets in southern Lebanon in response to overnight projectile launches at troops in south Lebanon by the Iran-backed terror group, despite a ceasefire announced a day earlier.&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;⚡️Consequences of an Israeli airstrike (3 bombs) on a building complex in Southern Lebanon&lt;br /&gt;&lt;br /&gt;
Multiple casualties. &lt;a href="https://t.co/CF4riEgu3E"&gt;pic.twitter.com/CF4riEgu3E&lt;/a&gt;&lt;/p&gt;
— War Monitor (@WarMonitors) &lt;a href="https://x.com/WarMonitors/status/2068261627468677215?ref_src=twsrc%5Etfw"&gt;June 20, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;"Overnight, the Hezbollah terrorist organization &lt;strong&gt;launched more than 50 projectiles at Israeli forces&lt;/strong&gt; in southern Lebanon. Following the attacks, the IDF has been striking Hezbollah terrorist targets in southern Lebanon," an Israeli military official said was cited in TOI as saying.&lt;/p&gt;

&lt;p&gt;Meanwhile, &lt;a href="https://edition.cnn.com/2026/06/20/world/live-news/iran-war-trump-israel-lebanon"&gt;CNN&lt;/a&gt; also confirms that diplomacy is in "motion", writing: "US envoy&lt;strong&gt; Steve Witkoff is&lt;/strong&gt; &lt;strong&gt;traveling to Switzerland for technical talks with Iran&lt;/strong&gt;, a US official said, with President Donald Trump’s son-in-law &lt;strong&gt;Jared Kushner also expected to join&lt;/strong&gt;. Meanwhile, mediator Pakistan’s interior minister has arrived in Iran for talks with senior Iranian officials as part of efforts to encourage them to Switzerland."&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T16:45:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 12:45&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 16:45:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115716 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>National Guard Stationed At Lincoln Reflecting Pool After Multiple Sabotage Attempts</title>
  <link>https://www.zerohedge.com/political/national-guard-stationed-lincoln-reflecting-pool-after-multiple-sabotage-attempts</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;National Guard Stationed At Lincoln Reflecting Pool After Multiple Sabotage Attempts&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;It's difficult to find a single redeeming quality of liberal movements these days.  Maybe it's the abject pettiness, like children throwing a tantrum, that makes them hard to respect.  Or, maybe it's their violent emotional tendencies and complete lack of moral integrity.  They are willing to do anything to gain power, including lie, cheat, steal and even murder. &lt;/p&gt;

&lt;p&gt;At bottom, the unstable psychological drivers of leftists lead them to hate certain things that most normal people love, including the basic maintenance of respected national monuments.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/NGpool1.jpg?itok=AyoyAoqm" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/NGpool1.jpg?itok=AyoyAoqm"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="e39a01ee-1383-4f03-ad82-f3d9abba99b4" data-responsive-image-style="inline_images" height="333" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/NGpool1.jpg?itok=AyoyAoqm" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;One might think that the Trump Administration's repairs to the Lincoln Memorial reflecting pool would be minor news, but the establishment media and progressive activists have turned the site repairs into a political battleground.  CNN has spent more time "investigating" the growth of green algae in the pool than they did on the massive Somalian fraud networks in Minneapolis.  Apparently, CNN isn't aware that algae grows naturally in standing water in a matter of 48 hours.  &lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;Let me get this straight.&lt;br /&gt;&lt;br /&gt;
CNN has spent more energy investigating algae in the DC Reflecting Pool than they spent on:&lt;br /&gt;&lt;br /&gt;
- Billions in Minnesota Medicaid fraud&lt;br /&gt;
- California's third-world election counts&lt;br /&gt;
- Crimes by illegal aliens&lt;br /&gt;
- The COVID cover-up&lt;br /&gt;
- Federal investigations into… &lt;a href="https://t.co/JvhnptBE6r"&gt;pic.twitter.com/JvhnptBE6r&lt;/a&gt;&lt;/p&gt;
— Benny Johnson (@bennyjohnson) &lt;a href="https://x.com/bennyjohnson/status/2067614012934651913?ref_src=twsrc%5Etfw"&gt;June 18, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;Activists tired to make hay out of the green pool, claiming that Trump wasted $14 million on his renovations, even though the same thing happened after Barack Obama's $35 million renovation from 2010 to 2012, and those repairs didn't even solve the leakage problems.&lt;/p&gt;

&lt;p&gt;When Trump responded to the algae issue with new "nano bubbler" treatments, leftists actually protested online and at the site against the removal of the green sludge.&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;Brace yourselves…&lt;br /&gt;&lt;br /&gt;
“Pro-algae” protest is taking place by the Lincoln Memorial Reflecting Pool in DC today.&lt;br /&gt;&lt;br /&gt;
You can't make this shit up! &lt;a href="https://t.co/eEp6F0Tkj5"&gt;pic.twitter.com/eEp6F0Tkj5&lt;/a&gt;&lt;/p&gt;
— I Meme Therefore I Am 🇺🇸 (@ImMeme0) &lt;a href="https://x.com/ImMeme0/status/2068086520657944987?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;In other words, they got mad that the treatments were working and they could no longer use the algae as an example of Trump failure.  They then turned to direct sabotage of the site.  Pieces of the floor of the reflecting pool have been torn out and the new sealant has been damaged. &lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;Looks like a clean cut… someone is vandalizing the reflecting pool &lt;a href="https://t.co/pVNVAO5Xpc"&gt;pic.twitter.com/pVNVAO5Xpc&lt;/a&gt;&lt;/p&gt;
— MJTruthUltra (@MJTruthUltra) &lt;a href="https://x.com/MJTruthUltra/status/2067983561739698353?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;The numbers "8647" have been found scratched into the floor of the pool (a code for "murder Trump"). &lt;/p&gt;

&lt;p&gt;Multiple activists have reportedly been arrested, some caught in the process of trying to sabotage the monument.  Others have tried to interfere with maintenance workers cleaning the algae.  The National Guard and DC police are now stationed at the pool around the clock to prevent further damage.  &lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;🚨 JUST IN — EXCLUSIVE: United States Park Police are investigating an “86 47” inscription on the sealant of the Lincoln Memorial reflecting pool&lt;br /&gt;&lt;br /&gt;
We discovered writing just now while walking the edge of the pool.&lt;br /&gt;&lt;br /&gt;
This BS needs to end.&lt;br /&gt;&lt;br /&gt;
This comes as mobile SURVEILLANCE TOWERS… &lt;a href="https://t.co/z9aB9xf4wT"&gt;pic.twitter.com/z9aB9xf4wT&lt;/a&gt;&lt;/p&gt;
— Nick Sortor (@nicksortor) &lt;a href="https://x.com/nicksortor/status/2067796010970087890?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;🚨 This just keeps getting worse.&lt;br /&gt;&lt;br /&gt;
Following the arrest of a man who cut out a big piece of the new American Flag Blue sealant at the Lincoln Reflecting Pool, another man was just arrested for grabbing a hose from female NPS workers clearing algae. &lt;a href="https://t.co/9uuAeSu1ka"&gt;pic.twitter.com/9uuAeSu1ka&lt;/a&gt;&lt;/p&gt;
— Alec Lace (@AlecLace) &lt;a href="https://x.com/AlecLace/status/2068087285195718664?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;🚨 LAST NIGHT: US Park Police detained a suspicious man carrying a pitchfork and bucket around the Lincoln Memorial reflection pool&lt;br /&gt;&lt;br /&gt;
It’s unclear what the man was planning on doing with the pitchfork and bucket, but it’s certainly not a regular sight at the pool.&lt;br /&gt;&lt;br /&gt;
This came… &lt;a href="https://t.co/yLGvmc2k3X"&gt;https://t.co/yLGvmc2k3X&lt;/a&gt; &lt;a href="https://t.co/BN3epjPjOV"&gt;pic.twitter.com/BN3epjPjOV&lt;/a&gt;&lt;/p&gt;
— Nick Sortor (@nicksortor) &lt;a href="https://x.com/nicksortor/status/2068047671210725663?ref_src=twsrc%5Etfw"&gt;June 19, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p&gt;Yes, the trifling behavior is off the charts, but this has become the standard of discourse for the woke mob in 2026.  The worst part, though, is that the media has been running interference for the vandals, claiming that the repairs were "substandard" and that the water treatments are causing the sealant to peel.  In reality, the damages are being caused by a coordinated monkey wrenching campaign, and the liberal media is silent about it.    &lt;/p&gt;

&lt;p&gt;The political left views monuments as symbolic targets; a way to attack western culture and demoralize the population without risking substantial jail time.  We have seen similar tactics used by climate change protesters across Europe and the US.  It's no coincidence that these activists choose iconic western treasures, such as classic artworks or an original copy of the Magna Carta, to vandalize.&lt;/p&gt;

&lt;p&gt;Climate change is just the excuse, but the real goal is to incrementally deface anything symbolic of western civilization or national pride.  The same mentality applies to the sabotage of the Lincoln reflecting pool.  On top of that, the media takes the opportunity to paint Trump as incompetent or ineffective, turning something positive like monument restoration into an ugly propaganda affair.         &lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T16:15:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 12:15&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 16:15:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115715 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>Trump Says He No Longer Views Anthropic As A National Security Threat</title>
  <link>https://www.zerohedge.com/technology/trump-says-he-no-longer-views-anthropic-national-security-threat</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Trump Says He No Longer Views Anthropic As A National Security Threat&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;article&gt;&lt;p&gt;&lt;em&gt;&lt;a href="https://www.theepochtimes.com/tech/trump-says-he-no-longer-views-anthropic-as-national-security-threat-6050558"&gt;Authored by Jacob Burg via The Epoch Times&lt;/a&gt;,&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;President Donald Trump said he no longer views the artificial intelligence (AI) giant Anthropic as a national security threat.&lt;/strong&gt;&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image_80%28736%29.jpg?itok=QitsHNOQ" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image_80%28736%29.jpg?itok=QitsHNOQ"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="8e8c86b6-24c2-4be4-a004-0eec3b225869" data-responsive-image-style="inline_images" height="333" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image_80%28736%29.jpg?itok=QitsHNOQ" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;Illustration of Anthropic on June 18, 2026. Riccardo Milani/Hans Lucas via AFP via Getty Images&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;"We have a situation with Anthropic, and we didn't like what they were doing, and so far I think they behaved very responsibly to our request," Trump &lt;a href="https://www.youtube.com/watch?v=UuxNyX7We5U&amp;t=1665s"&gt;told&lt;/a&gt; Axios's Marc Caputo in an interview that aired on June 19.&lt;/p&gt;

&lt;p&gt;Caputo then asked Trump if he still viewed Anthropic and its CEO, Dario Amodei, as a threat to national security.&lt;/p&gt;

&lt;p&gt;"&lt;strong&gt;Well, not now, but a week ago, maybe&lt;/strong&gt;," Trump said, describing a meeting with Amodei at the G7 summit this week that influenced his change of heart.&lt;/p&gt;

&lt;p&gt;"[Amodei] responded to us very quickly, because you know it's tremendous liability," Trump said. &lt;strong&gt;"You know, you can't play games with it. And he responded very responsibly&lt;/strong&gt;."&lt;/p&gt;

&lt;p&gt;The comments come one week after the Trump administration &lt;a href="https://www.theepochtimes.com/tech/anthropic-abruptly-disables-2-claude-models-after-us-bans-use-by-foreign-nationals-6047655"&gt;directed&lt;/a&gt; Anthropic to shut down foreign nationals' access to its new Claude Fable 5 and Mythos 5 models, which resulted in the company suspending access to all users entirely.&lt;/p&gt;

&lt;p&gt;Issued on June 12, the directive from U.S. officials did not include specific details of potential security threats or concerns, according to Anthropic.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;"Our understanding is that the government believes it has become aware of a method of bypassing, or 'jailbreaking' Fable 5,&lt;/strong&gt;" the company said in a statement at the time.&lt;/p&gt;

&lt;p&gt;Trump told Axios that one of the company's competitors "turned Anthropic in" and raised alarms over the new models.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;"They didn't like what [Anthropic was] doing. They were very concerned,&lt;/strong&gt;" he said.&lt;/p&gt;

&lt;p&gt;Anthropic did not respond to a request for comment by publication time.&lt;/p&gt;

&lt;p&gt;When Anthropic &lt;a href="https://www.theepochtimes.com/tech/anthropic-unleashes-mythos-class-ai-model-months-after-private-rollout-rocked-the-industry-6045627"&gt;released&lt;/a&gt; Fable 5 to the general public on June 9, it said the model had exceeded the capabilities of "any model we've ever made generally available."&lt;/p&gt;

&lt;p&gt;"It is state-of-the-art on nearly all tested benchmarks of AI capability, showing exceptional performance in software engineering, knowledge work, vision, scientific research, and many other areas," Anthropic stated.&lt;/p&gt;

&lt;p&gt;As a "Mythos-class" model, &lt;strong&gt;Fable 5 is essentially as strong as Mythos, but with key safety features to make it safe for public use.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;In the same announcement, Anthropic made Mythos 5 available to a small group of cyberdefenders and infrastructure providers. But after the company's decision to suspend access to all users on June 12, both models are currently unavailable.&lt;/p&gt;

&lt;p&gt;Two days before Anthropic pulled access, Amodei &lt;a href="https://x.com/DarioAmodei/status/2064781778599268818"&gt;wrote&lt;/a&gt; on X that he believes frontier models such as Mythos 5 "should face mandatory third-party testing for cyber, bio, and autonomy risks - with the power to block or revoke deployment of models that pose catastrophic risk."&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Trump &lt;a href="https://www.theepochtimes.com/business/trump-signs-order-seeking-voluntary-review-of-top-ai-models-what-to-know-6042262"&gt;signed&lt;/a&gt; an executive order early this month asking AI firms to voluntarily submit their frontier models for government review 30 days before they're available to the general public.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;At the time, Sen. Bernie Sanders (I-Vt.) criticized the order for only being "voluntary," saying that mandatory testing and review of frontier models is needed to "protect Americans."&lt;/p&gt;

&lt;p&gt;&lt;em&gt;Jacki Thrapp contributed to this report.&lt;/em&gt;&lt;/p&gt;
&lt;/article&gt;&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T15:40:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 11:40&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 15:40:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115728 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>The Consumer Sentiment Disconnect From Economic Reality</title>
  <link>https://www.zerohedge.com/markets/consumer-sentiment-disconnect-economic-reality</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;The Consumer Sentiment Disconnect From Economic Reality&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;&lt;a href="https://realinvestmentadvice.com/resources/blog/the-consumer-sentiment-disconnect-from-economic-reality/"&gt;&lt;em&gt;Authored by Lance Roberts via RealInvestmentAdvice.com,&lt;/em&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image-293.jpg?itok=Ewm3WXae" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-293.jpg?itok=Ewm3WXae"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="3c3b171e-e5ec-4014-a30c-b8b9d668c833" data-responsive-image-style="inline_images" height="280" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-293.jpg?itok=Ewm3WXae" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;The University of Michigan’s Consumer Sentiment Index just printed 44.8 in May. That’s the worst reading since the survey began in 1952. That print was lower than in 2008 and the 1980 inflation panic. It was also worse than the COVID lockdowns, yet the S&amp;P 500 continues to climb higher, Q1 corporate earnings posted 27% growth, and weekly jobless claims sit near cycle lows. That &lt;em&gt;“disconnect”&lt;/em&gt; has sparked many statements on social media, such as:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;“GDP is growing at a healthy 2.7% in the US. GDP statistics in the US are clearly completely broken and no longer make any sense whatsoever.” – Philip Pilkington&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;That statement sums up many of the concerns I have read as of late, and the University of Michigan consumer sentiment disconnect from economic reality demands an honest answer. Which set of data is wrong? I think the honest answer is both, and neither. Over the last three decades, I’ve learned that surveys and behavior often part ways, and the gap usually tells you more about the survey than about the consumer. So let’s walk through what’s actually happening, because the consumer sentiment disconnect isn’t a single story. It’s three stories stacked on top of each other.&lt;/p&gt;

&lt;p&gt;Start with the disconnect itself. If you only looked at the Michigan headline, you’d assume the country was in a depression. However, when you look at what people are actually doing, the picture changes completely.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image%20%2884%29_11.jpg?itok=rsb7COsQ" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image%20%2884%29_11.jpg?itok=rsb7COsQ"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="72d02418-769b-40b5-bb6b-d0002bc21ac1" data-responsive-image-style="inline_images" height="360" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image%20%2884%29_11.jpg?itok=rsb7COsQ" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Retail sales rose 0.5% in April and are running 4.9% above year-ago levels. In addition, Q1 earnings season has delivered an 84% beat rate on the S&amp;P 500, well above the 5-year average of 78%, with aggregate earnings beating estimates by 20.7%. That’s the strongest surprise rate since the first quarter of 2021. Furthermore, initial jobless claims came in at 209,000 for the week ending May 16. Unemployment is sitting at 4.3%. Notably, the Atlanta Fed’s GDPNow model is tracking 4.3% annualized growth for Q2 as of May 21.&lt;/p&gt;

&lt;p&gt;Notice in the chart above what’s never happened in the 25-year history of this comparison. In every prior cycle, sentiment and growth moved roughly in step. The 2001 mild recession, the Global Financial Crisis, and the COVID lockdowns all show sentiment and GDP cratering and recovering side by side. Since 2022, that relationship has broken in a way it never broke before. GDP has been running between +2% and +3% year over year for three straight years. Consumer sentiment has been running below 70 the entire time, levels that historically only appeared during deep recessions. The gap in the lower-right corner of that chart is the entire argument.&lt;/p&gt;

&lt;p&gt;Meanwhile, the headline economic narrative making the rounds on social media insists that GDP statistics are “completely broken” and that real data show a hidden recession. Here’s the problem with that argument. The labor market, spending, earnings, and credit data all line up in the same direction. They don’t agree with the sentiment survey, but they do agree with each other. So when one indicator disagrees with five, the prior should be on the one. That’s the heart of the consumer sentiment disconnect we need to explain. We flagged an earlier version of this same divergence in February, when &lt;a href="https://realinvestmentadvice.com/resources/blog/economic-sentiment-belies-strong-economic-estimates/"&gt;&lt;strong&gt;&lt;em&gt;economic sentiment was already at odds with the strong &lt;/em&gt;&lt;/strong&gt;&lt;/a&gt;&lt;a href="https://realinvestmentadvice.com/resources/blog/economic-sentiment-belies-strong-economic-estimates/"&gt;&lt;em&gt;&lt;strong&gt;macro data-based estimates&lt;/strong&gt;&lt;/em&gt;&lt;/a&gt;.&lt;/p&gt;

&lt;h2&gt;&lt;strong&gt;Yes, There Really Is a Partisan Problem&lt;/strong&gt;&lt;/h2&gt;

&lt;p&gt;So why is the Michigan survey saying something so different? Part of the answer is exactly what many investors suspect, and the data backs it up.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image-1_8.jpg?itok=DRPJzTMt" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-1_8.jpg?itok=DRPJzTMt"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="c65741e6-2022-497b-8a1f-fc19a8dfdea6" data-responsive-image-style="inline_images" height="395" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-1_8.jpg?itok=DRPJzTMt" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Notice in the chart above what happens at every administration handoff. In January 2021, the navy line shoots up while the red line plunges almost vertically. The two cross within weeks of Biden’s inauguration, and Independents barely budge in the middle. Then it happens again in January 2025, only sharper. Republican sentiment surges from 67 to 93 in two months, while Democrats collapse from 78 to 56 over the same window. The X-pattern at each transition is the partisan gap in action. The survey isn’t measuring the economy. It’s capturing tribal loyalty, and that mechanic is a meaningful slice of the consumer sentiment disconnect we’re trying to explain.&lt;/p&gt;

&lt;p&gt;The Richmond Federal Reserve published research in 2024 that found something striking. &lt;strong&gt;Specifically, the partisan gap in consumer sentiment is now far larger than the gap by income, age, or education level.&lt;/strong&gt; &lt;em&gt;&lt;a href="https://www.richmondfed.org/research/national_economy/macro_minute/2024/sentiment_is_sweet_20240326"&gt;Per the Richmond Fed analysis&lt;/a&gt;,&lt;/em&gt; the gap between Democratic and Republican sentiment expanded from 21 points under George W. Bush to 25 points under Obama, and then to 45 points under Biden. That’s not noise. That’s a structural issue with how the survey is being completed.&lt;/p&gt;

&lt;p&gt;Moreover, it gets worse. Researchers at BriefingBook documented what they call &lt;em&gt;“asymmetric amplification.”&lt;/em&gt; Republicans swing their sentiment responses roughly 2.5 times as much as Democrats do, depending on who controls the White House. When their party wins, they go euphoric, but when they lose, they go bleak. Democrats do this too, just less violently. &lt;strong&gt;Importantly, adjusting only for that asymmetry closes about 30% of the gap between predicted and observed sentiment over the post-2020 period.&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;Fundstrat’s Tom Lee made waves last week with an even sharper critique. He pointed out that 51% of Democratic respondents are now reporting sentiment readings below the survey’s all-time worst reading of 47.6. He also flagged that around a quarter of Democratic respondents believe inflation is currently running above 100%. Clearly, that isn’t a forecast. That’s a vote.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Now layer on something most readers haven’t heard about. In 2024, the University of Michigan switched from cellular phone surveys conducted via random-digit dialing to an online-only address-based sampling method.&lt;/strong&gt; The change began in April and was fully completed by July of that year.&lt;/p&gt;

&lt;p&gt;U-M’s surveys director, Joanne Hsu, has consistently maintained that the methodology change produced comparable results. However, the independent research disagrees. Cummings and Tedeschi, in a widely cited analysis published in BriefingBook, estimated that the switch from phone to online interviews lowered the sentiment index by about 8.9 points, or more than 11%. They benchmarked their adjustment against Morning Consult’s continuous online sentiment survey, which uses the same five core questions but has been online since 2018. Notably, Morning Consult’s index did not show the same precipitous decline as Michigan’s headline number. That gap alone accounts for a meaningful slice of the consumer sentiment disconnect.&lt;/p&gt;

&lt;p&gt;Tom Lee added a further claim that I’ll attribute to him because I haven’t independently verified the underlying response data. &lt;strong&gt;He stated that the new online survey is producing a respondent breakdown of roughly 66% Democratic and 33% Republican, which would not be representative of the U.S. adult population. &lt;/strong&gt;Whether or not that exact ratio holds, the broader point stands. In fact, self-selection bias on online opt-in is a known issue, and the structural break in the series is real.&lt;/p&gt;

&lt;h2&gt;&lt;strong&gt;The Conference Board Tells a Different Story&lt;/strong&gt;&lt;/h2&gt;

&lt;p&gt;This brings us to the question I’ve raised previously. If the Michigan number is so distorted, what does the other major survey say? The Conference Board’s Consumer Confidence Index gives us a useful check.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image-294.jpg?itok=lMJRt84F" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-294.jpg?itok=lMJRt84F"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="b8e43ca8-4998-4214-a401-3a347714e7f9" data-responsive-image-style="inline_images" height="323" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-294.jpg?itok=lMJRt84F" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Notice in the chart above just how different the two stories are. The Michigan survey’s Current Economic Conditions component is 26% below its 2008 financial crisis trough. By contrast, the Conference Board’s index, while soft, sits near its long-term average and remains well above every cyclical low of the modern era. Consider the historical anchors. In 2009, the Conference Board bottomed at 25.3. During the 2020 COVID shock, it hit 85.7. Today’s reading of 92.8 isn’t a crisis print on that scale.&lt;/p&gt;

&lt;p&gt;Methodologically, the two surveys measure different things. The Conference Board’s index places greater weight on labor market and current business conditions. The Michigan survey places greater emphasis on household finances and inflation perceptions. When inflation perception is the dominant factor and partisan respondents spontaneously volunteer inflation rates above 100% as a protest vote, you get the Michigan number.&lt;/p&gt;

&lt;p&gt;The real question is whether the partisan effect is mitigated in the Conference Board’s Consumer Confidence Index? The honest answer is partly. The Conference Board doesn’t publish party-affiliation crosstabs the way Michigan does, so we can’t directly measure their internal partisan gap. However, its methodology is less exposed to the specific inflation-expectation channel where the partisan skew is most extreme. And its readings show that.&lt;/p&gt;

&lt;h2 id="h-but-this-time-republicans-are-sour-too"&gt;&lt;strong&gt;But This Time, Republicans Are Sour Too&lt;/strong&gt;&lt;/h2&gt;

&lt;p&gt;Now here’s where the partisan-bias narrative needs an honest correction. If you stopped reading at &lt;em&gt;“the Michigan survey is just upset Democrats,”&lt;/em&gt; you’d miss something important about the May 2026 reading.&lt;/p&gt;

&lt;p&gt;According to the University of Michigan’s own release on May 22, sentiment among Independents and Republicans dropped to the lowest readings of the current presidential administration. Democratic sentiment, in contrast, was little changed from April. Republican long-run inflation expectations have more than doubled on a monthly basis since February 2025. The cost-of-living concern is showing up across the political spectrum, not just on one side.&lt;/p&gt;

&lt;p&gt;Why? Two reasons. First, gasoline prices surged 12.3% in April thanks to the ongoing conflict with Iran and the supply disruptions in the Strait of Hormuz. Pump prices are at levels not seen since 2022. Gas is the most visible price in the American economy, and it’s hitting every household. Second, tariff-related price pressure is starting to filter through, and roughly 30% of respondents in early May spontaneously mentioned tariffs as a concern. Make no mistake, those aren’t imagined problems.&lt;/p&gt;

&lt;p&gt;So the partisan-bias critique is real, but it’s only part of the story. The 2026 Michigan plunge contains a partisan distortion, a methodology distortion, and a genuine bipartisan reaction to higher prices. In short, the consumer sentiment disconnect we’re seeing isn’t just noise. Pulling those threads apart matters if you want to use the data correctly.&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;“The Michigan survey isn’t broken. It’s measuring something narrower than the headline suggests, and what it’s measuring is real. The question is whether what it’s measuring should drive your portfolio.”&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;h2 id="h-why-the-consumer-sentiment-disconnect-rarely-predicts-spending"&gt;&lt;strong&gt;Why The Consumer Sentiment Disconnect Rarely Predicts Spending&lt;/strong&gt;&lt;/h2&gt;

&lt;p&gt;The most important question isn’t whether the Michigan number is &lt;em&gt;“correct.”&lt;/em&gt; It’s whether the number actually predicts anything useful for investors. &lt;strong&gt;&lt;em&gt;Decades of research from the Federal Reserve system suggest the answer is largely “no.&lt;/em&gt;&lt;/strong&gt;“&lt;/p&gt;

&lt;p&gt;A February 2026 paper from the Kansas City Federal Reserve titled &lt;em&gt;“Forecasting with Feelings”&lt;/em&gt; found that the link between consumer sentiment and growth in real household spending has been modest historically. The authors built two forecasting models: one using only official economic data, and one augmenting that data with consumer sentiment surveys. The sentiment-augmented model didn’t materially improve the forecast over the past 30 years. Fed Chair Jerome Powell echoed that finding in his May 2025 press conference, stating directly that &lt;em&gt;&lt;strong&gt;“the link between sentiment data and consumer spending has been weak. It’s not been a strong link at all.”&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;A 2014 Boston Fed paper reached a similar conclusion. When you control for standard fundamentals such as income, employment, and wealth, the role of consumer sentiment in predicting consumption is marginal at best. People can feel terrible about the economy, yet still spend. We’ve seen that play out for almost three full years now.&lt;/p&gt;

&lt;p&gt;The composite chart, which combines the Michigan and Conference Board indices to dampen the noise in each survey, clearly shows the broader pattern. Confidence has weakened from cycle highs, but the market has continued to advance. As we covered in our prior analysis of the &lt;strong&gt;&lt;em&gt;&lt;a href="https://realinvestmentadvice.com/resources/blog/confidence-dichotomy-consumers-vs-investors/"&gt;confidence dichotomy between consumers and investors&lt;/a&gt;,&lt;/em&gt;&lt;/strong&gt; there have been three other periods where stocks rallied while sentiment fell. The dot-com bubble. The mid-cycle expansion of the late 1990s. And the post-COVID period. In each of those cases, the market eventually had to reckon with reality, but the disconnect lasted longer than skeptics expected.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image-2_11.jpg?itok=M4BJNTM6" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-2_11.jpg?itok=M4BJNTM6"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="eeed6fea-3f6d-484a-96a1-43d0bb4b3add" data-responsive-image-style="inline_images" height="373" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-2_11.jpg?itok=M4BJNTM6" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;The composite sits at 71 today, a full 47 points below the October 2018 cycle high of 118. Over that same stretch, the S&amp;P 500 has more than doubled, and that’s the consumer sentiment disconnect we’ve been pointing at for the better part of three years.&lt;/p&gt;

&lt;h2&gt;&lt;strong&gt;What Investors Should Actually Watch&lt;/strong&gt;&lt;/h2&gt;

&lt;p&gt;If sentiment surveys aren’t reliable inputs for portfolio decisions, what is? My answer is the same one I’ve given for 20 years. Behavior beats feelings every time. So watch what consumers and businesses are doing with their money, not what they say in a survey. That single shift in focus turns the consumer sentiment disconnect from a confusing headline into a useful contrarian signal.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image-296.jpg?itok=RvGibQPE" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image-296.jpg?itok=RvGibQPE"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="c7ed9bce-f98d-41ad-8d80-c2ecd28c7987" data-responsive-image-style="inline_images" height="319" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image-296.jpg?itok=RvGibQPE" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;The takeaway from that table is simple. Five of the six categories show behavior diverging from sentiment in the same direction. People are saying one thing and doing another. When that happens at this scale, you don’t trade off the talk. You trade off the action.&lt;/p&gt;

&lt;p&gt;That said, two items in the table do deserve real attention. Gas prices are a tax on consumers and on margins. If the Iran conflict drags into the summer driving season, demand destruction becomes a real risk for cyclical names. And tariff pass-through is the slow leak that markets keep underpricing. Importantly, those are concrete data series we can monitor, not abstract sentiment vibes. Pump prices, container shipping rates, retailer margin guidance, and consumer credit delinquencies are on the watchlist.&lt;/p&gt;

&lt;p&gt;The Conference Board’s index, the Atlanta Fed’s GDP nowcast, the earnings beat rate, the retail sales print, and the jobless claims data all point to an economy that is slowing in some places, accelerating in others, and not remotely close to the Depression-era reading on the Michigan headline. What does this mean for investors? Stay disciplined. Watch the behavioral data. Maintain risk-management protocols. Be ready to lean in when the noise creates a real dislocation, and be ready to lean out when the data, not the surveys, actually rolls over.&lt;/p&gt;

&lt;p&gt;Consumers are gloomy. Some of that gloom is justified, particularly around gas and inflation. But gloom is not a portfolio strategy.&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T14:30:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 10:30&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 14:30:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115697 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>Trump Mocks Italy's Meloni Over Disputed G7 Photo: 'She Wants To Be Friends Again, No Thanks!'</title>
  <link>https://www.zerohedge.com/geopolitical/trump-mocks-italys-meloni-over-disputed-g7-photo-she-wants-be-friends-again-no-thanks</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;Trump Mocks Italy's Meloni Over Disputed G7 Photo: 'She Wants To Be Friends Again, No Thanks!'&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;President Trump has once again lashed out at Italy, as Washington and this 'wayward' NATO ally continue to clash on a range of issues from Iran to Israel to Ukraine..&lt;/p&gt;

&lt;p&gt;It follows on the heels of the cancellation of the planned diplomatic visit by Italian Foreign Minister Antonio Tajani. President Trump on Saturday has newly taken to Truth Social to reiterate that PM Meloni &lt;strong&gt;"asked, over and over, for a picture with me during the G-7 meeting in France."&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/trumpmeloni.png?itok=fGcdxytx" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/trumpmeloni.png?itok=fGcdxytx"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="d92ce3b1-a831-4495-bb33-2fb0aa8f336b" data-responsive-image-style="inline_images" height="456" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/trumpmeloni.png?itok=fGcdxytx" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;He continued: “&lt;strong&gt;She is doing poorly in Italy with her level of popularity, possibly because she turned down the United States of America, a Country that truly loves and protects Italy, when it came to denying Iran from obtaining or developing a Nuclear Weapon (But so did NATO, for that matter!).”&lt;/strong&gt;&lt;/p&gt;

&lt;p&gt;According to more &lt;a href="https://apnews.com/article/trump-meloni-nato-italy-g7-photo-ab350c75202462f5da33a1eb0a761dd1"&gt;background&lt;/a&gt;:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;Trump’s comments were aired Friday on the La7 network.&lt;strong&gt; A correspondent had asked the president about Ukraine, but Trump raised Meloni and made the claim about the photo. Trump said he was not obliged to take the picture with her but that he felt sorry for her and agreed&lt;/strong&gt;, La7 said. The broadcaster put a dubbed version of the conversation online, but not the original English audio.&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;Meloni has very publicly rejected Trump's version of events at the G7:&lt;/p&gt;

&lt;blockquote&gt;
&lt;p&gt;&lt;em&gt;Clearly irked at &lt;a href="https://www.nbcnews.com/politics/national-security/trump-said-wanted-deal-iran-got-agreement-rcna350730" target="_blank"&gt;President Donald Trump’s &lt;/a&gt;suggestion that she had&lt;a href="https://www.nbcnews.com/world/italy/angel-resembling-meloni-italian-premier-painted-outcry-rcna257535" target="_blank"&gt; &lt;/a&gt;had “begged” him for a photo at the &lt;a href="https://www.nbcnews.com/politics/donald-trump/live-blog/live-updates-trump-g7-summit-iran-deal-russia-ukraine-war-iran-israel-rcna350404" target="_blank"&gt;Group of Seven summit&lt;/a&gt; earlier this week, the Italian prime minister said this was &lt;strong&gt;“totally fabricated.”&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;
&lt;/blockquote&gt;

&lt;p&gt;Bilateral defense agreements and NATO's base sharing framework allows US access to key strategic hubs for US operations in the Mediterranean - however, Italian law and a historic treaty requires parliamentary approval for anything outside that scope. &lt;/p&gt;

&lt;p&gt;It was in late March that for the first time Italy's defense ministry confirmed that &lt;strong&gt;"some US bombers" were denied landing at Sigonella&lt;/strong&gt; – one of seven US navy bases in Italy.&lt;/p&gt;

&lt;p&gt;Among the scenes at a G7 working lunch in France on June 16 was this...&lt;/p&gt;
&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/melonig7trump.jpg?itok=5OU99otm" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/melonig7trump.jpg?itok=5OU99otm"&gt;&lt;picture&gt;&lt;figure role="group" class="caption caption-img inline-images image-style-inline-images"&gt;&lt;img alt="" data-entity-type="file" data-entity-uuid="565c83e1-abe9-4226-bf6e-bc99fec31426" data-responsive-image-style="inline_images" height="348" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/melonig7trump.jpg?itok=5OU99otm" typeof="foaf:Image" width="500" /&gt;&lt;figcaption&gt;&lt;em&gt;Pool image via AP&lt;/em&gt;&lt;/figcaption&gt;&lt;/figure&gt;&lt;/picture&gt;&lt;/a&gt;

&lt;p&gt;Italy tried to frame the issue as merely bureaucratic and an issue of paperwork. Initial complaints were that the US didn't follow required permission protocol, and requested landing only while in the air and already en route to Sicily.&lt;/p&gt;

&lt;p data-aa-component="paragraph" data-allow-readmode=""&gt;Meloni's office has all the while maintained it is "acting in full compliance with existing international agreements"  - while underscoring that each flight request must be "carefully examined on &lt;strong&gt;a case-by-case basis&lt;/strong&gt;, as has always been the case in the past."&lt;/p&gt;

&lt;p data-aa-component="paragraph" data-allow-readmode=""&gt;&lt;em&gt;More of Meloni's response to Trump's latest Truth Social:&lt;/em&gt;&lt;/p&gt;

&lt;blockquote class="twitter-tweet"&gt;
&lt;p dir="ltr" lang="en" xml:lang="en" xml:lang="en"&gt;Italy's Meloni responds to Trump:&lt;br /&gt;&lt;br /&gt;
President Trump, these constant, unprovoked attacks are senseless. As for my popularity, being your friend certainly has not helped it, nor does it depend on my relationship with you.&lt;br /&gt;&lt;br /&gt;
My popularity depends on my ability to defend Italy’s… &lt;a href="https://t.co/myot615UVl"&gt;pic.twitter.com/myot615UVl&lt;/a&gt;&lt;/p&gt;
— Clash Report (@clashreport) &lt;a href="https://x.com/clashreport/status/2068334974357393507?ref_src=twsrc%5Etfw"&gt;June 20, 2026&lt;/a&gt;&lt;/blockquote&gt;
&lt;script async="" src="https://platform.x.com/widgets.js" charset="utf-8"&gt;&lt;/script&gt;&lt;p data-aa-component="paragraph" data-allow-readmode=""&gt;But the truth also is that American hegemonic action in the Middle East, and the Iran conflict in particular, is deeply unpopular among the Italian population, which has long had a strongly anti-war bent especially among the youth. &lt;strong&gt;Meloni has tried to assure here electorate that she's never "begged" for anything from Trump.&lt;/strong&gt;&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T13:55:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 09:55&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 13:55:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115727 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>FBI Warns That Fake FIFA Website Being Used to Steal Personal Information</title>
  <link>https://www.zerohedge.com/personal-finance/fbi-warns-fake-fifa-website-being-used-steal-personal-information</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;FBI Warns That Fake FIFA Website Being Used to Steal Personal Information&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;&lt;a href="https://www.theepochtimes.com/us/fbi-warns-that-fake-fifa-website-being-used-to-steal-personal-information-6049891?utm_source=partner&amp;utm_campaign=ZeroHedge"&gt;&lt;em&gt;Authored by Jack Phillips via The Epoch Times,&lt;/em&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;The FBI on June 16 advised people to be wary of fraudulent websites that try to mimic World Cup or FIFA sites, as the agency warned that such websites have been used to steal personal information and sell counterfeit tickets.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="" data-image-href="/s3/files/inline-images/image%20%2883%29_12.jpg?itok=uNGE8FOQ" data-link-option="0" href="https://cms.zerohedge.com/s3/files/inline-images/image%20%2883%29_12.jpg?itok=uNGE8FOQ"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="7e2a2568-ba2f-4832-828a-ae219171337e" data-responsive-image-style="inline_images" height="333" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/image%20%2883%29_12.jpg?itok=uNGE8FOQ" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;In a public service announcement, the FBI stated that scammers and fraudsters have launched spoofing attempts designed to mimic FIFA’s official website as the World Cup games hosted in North America continue.&lt;/p&gt;

&lt;p&gt;&lt;em&gt;&lt;strong&gt;“Threat actors often create spoofed websites by slightly altering characteristics of legitimate website domains, with the purpose of gathering personally identifiable information entered by a user into the site, including name, home address, phone number, email address, and banking information,”&lt;/strong&gt;&lt;/em&gt; the FBI statement reads.&lt;/p&gt;

&lt;p&gt;The individuals behind such websites may be attempting to trick people into entering sensitive information that could be used to “create new accounts in a victim’s name and ultimately defraud the victim,” the FBI stated.&lt;/p&gt;

&lt;p&gt;The federal law enforcement bureau noted that it has identified individuals who had attempted to collect personal information, sell counterfeit World Cup tickets or “hospitality products,” or engaged in other forms of malicious activity in connection with the scams.&lt;/p&gt;

&lt;p&gt;The fraudulent website domains could include alternate spellings of words or use a different top-level domain, or TLD, referring to the final segment of the web address, such as .com, .gov, .org, and more, according to the notice.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;Scammers may also create a deceptive version of a legitimate website, such as fifa.com, that tricks people into thinking they are going to the official website, it stated. &lt;/strong&gt;Some include website domains that use alternate domain extensions such as “.blue,” “.beer,” “.city,” and more. Dozens of fraudulent domains were identified by the FBI that have been linked to the scheme, including fake domains related to FIFA jobs, merchandise, or tickets.&lt;/p&gt;

&lt;p&gt;FBI officials advised people to first verify website URLs before they enter potentially sensitive or personally identifying information and to go to FIFA’s official website by typing the URL into their browser rather than relying on results produced by search engines, while also verifying that it reads fifa.com.&lt;/p&gt;

&lt;p&gt;An Epoch Times review found that many of the websites listed by the FBI in the alert appeared to be down. However, the FBI stated that the “public should be aware that new websites will continue to appear.”&lt;/p&gt;

&lt;p&gt;&lt;em&gt;&lt;strong&gt;“Exercise caution when clicking on advertisements. Before clicking on an advertisement, check the URL to make sure the site is authentic,” the notice reads. “Malicious advertisements may redirect users to a different website than indicated.”&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;The June 16 public service announcement did not say whether anyone was victimized by a FIFA website-related scam. But victims who believe that they were targeted in a scam should file a complaint with the FBI’s Internet Crime Complaint Center at &lt;a href="https://www.ic3.gov/"&gt;ic3.gov&lt;/a&gt;, it states&lt;/p&gt;

&lt;p&gt;Aside from combating fake websites, the FBI has also acted to keep drones away from World Cup games. Earlier this week, an illegal immigrant with a prior criminal history, including a cocaine-trafficking conviction, was arrested for flying a drone near a World Cup event in Atlanta, the FBI &lt;a href="https://www.theepochtimes.com/us/fbi-arrests-illegal-immigrant-flying-drone-in-airspace-near-atlanta-world-cup-event-6049259"&gt;announced&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;The World Cup lasts from June 11 until July 19, with matches being played across the United States, Mexico, and Canada.&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T13:20:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 09:20&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 13:20:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115694 at https://www.zerohedge.com</guid>
    </item>
<item>
  <title>The World Cup's Uneven Playing Field</title>
  <link>https://www.zerohedge.com/geopolitical/world-cups-uneven-playing-field</link>
  <description>&lt;span property="schema:name" class="field field--name-title field--type-string field--label-hidden"&gt;The World Cup's Uneven Playing Field&lt;/span&gt;

            &lt;div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item"&gt;&lt;p&gt;Due to its truly global footprint, the &lt;a href="https://www.statista.com/topics/50760/2026-fifa-world-cup/"&gt;FIFA World Cup&lt;/a&gt; has always been &lt;strong&gt;a celebration of diversity, both on and off the pitch&lt;/strong&gt;.&lt;/p&gt;

&lt;p&gt;It brings together different cultures, different playing styles and different levels of skill, professionalism and financial muscle.&lt;/p&gt;

&lt;p&gt;However, with the tournament now over a week old, it is clear that they are &lt;strong&gt;playing 'football' on an uneven playing field&lt;/strong&gt;.&lt;/p&gt;

&lt;p&gt;&lt;a href="https://www.statista.com/chart/36312/squad-value-in-the-fifa-world-cup/"&gt;&lt;u&gt;As Statista's Felix Richter reports&lt;/u&gt;&lt;/a&gt;, while nations like France, Spain and England have assembled squads full of international superstars, other participants will field teams that are largely unknown to fans outside of the respective country.&lt;/p&gt;

&lt;p&gt;According to estimates from &lt;a href="https://www.transfermarkt.com/world-cup/teilnehmer/pokalwettbewerb/FIWC/"&gt;Transfermarkt.com&lt;/a&gt;, &lt;strong&gt;there is a huge gulf in squad value between the nations traditionally challenging for the title and those happy to be part of the show&lt;/strong&gt;.&lt;/p&gt;

&lt;p&gt;&lt;a href="https://www.statista.com/chart/36312/squad-value-in-the-fifa-world-cup/" title="Infographic: The World Cup's Uneven Playing Field | Statista"&gt;&lt;img alt="Infographic: The World Cup's Uneven Playing Field | Statista" height="501" src="https://cdn.statcdn.com/Infographic/images/normal/36312.jpeg" style="max-width: 960px;" width="501" /&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;&lt;em&gt;You will find more infographics at &lt;a href="https://www.statista.com/chartoftheday/"&gt;Statista&lt;/a&gt;&lt;/em&gt;&lt;/p&gt;

&lt;p&gt;France’s star-studded squad is worth more than 70 times as the teams assembled by Qatar, Jordan and Iraq, the least valuable squads in the tournament.&lt;/p&gt;

&lt;p&gt;&lt;strong&gt;This is a reflection of the balance of power in global football, which is concentrated in Europe’s top leagues&lt;/strong&gt;.... and correlates very well with likelihood of success.&lt;/p&gt;

&lt;p&gt;&lt;a data-image-external-href="https://polymarket.com/sports/world-cup/map" data-image-href="https://polymarket.com/sports/world-cup/map" data-link-option="2" href="https://polymarket.com/sports/world-cup/map"&gt;&lt;picture&gt;&lt;img data-entity-type="file" data-entity-uuid="c2652464-e020-4d55-b589-523e647218c9" data-responsive-image-style="inline_images" height="243" width="500" class="inline-images image-style-inline-images" src="https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2026-06-19_11-29-26.jpg?itok=li0_F63X" alt="" typeof="foaf:Image" /&gt;&lt;/picture&gt;&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;It is partly for this reason that surprises have become increasingly rare in the &lt;a href="https://www.statista.com/topics/50793/history-of-the-soccer-world-cup/"&gt;world’s biggest football competition&lt;/a&gt;, where it’s &lt;strong&gt;hard to imagine a fairy tale run of a smaller nation to the tournament’s final stages&lt;/strong&gt;.&lt;/p&gt;
&lt;/div&gt;
      &lt;span rel="schema:author" class="field field--name-uid field--type-entity-reference field--label-hidden"&gt;&lt;a title="View user profile." href="https://cms.zerohedge.com/users/tyler-durden" lang="" about="https://cms.zerohedge.com/users/tyler-durden" typeof="schema:Person" property="schema:name" datatype="" class="username" xml:lang=""&gt;Tyler Durden&lt;/a&gt;&lt;/span&gt;
&lt;span property="schema:dateCreated" content="2026-06-20T11:35:00+00:00" class="field field--name-created field--type-created field--label-hidden"&gt;Sat, 06/20/2026 - 07:35&lt;/span&gt;
</description>
  <pubDate>Sat, 20 Jun 2026 11:35:00 +0000</pubDate>
    <dc:creator>Tyler Durden</dc:creator>
    <guid isPermaLink="false">1115688 at https://www.zerohedge.com</guid>
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