The 10-year Treasury briefly poked above 5% this week – peaking at 5.04% on Bloomberg’s tape, the highest since 2007 – before backing off. It’s the first time it has been there since the October 2023 spike, and this time it arrived with company: Japan’s 10-year is above 3% for the first time in three decades, Bunds are at their highest in a decade and a half, gilts are at a post-2008 high, and a Bloomberg gauge of G7 sovereign debt started the month yielding its highest on average since 2000.

The drivers are familiar: oil-fed inflation impulse, massive deficits, and bondholders who have finally started charging for the privilege of holding the long end. The surprise is the geography: the US 10-year has repriced 97 basis points higher over the past twelve months, and that doesn’t even make the top four – South Korea is up 178, Japan 145, Australia 114, France 102.

As Visual Capitalist’s Dorothy Neufeld explains further, government bond yields are climbing across major economies as investors contend with higher oil prices, inflation pressures, and growing government borrowing needs.

This graphic compares 10-year government bond yields across major economies, based on Bloomberg market data as of September 15, 2026.

Borrowing Costs Reach Multi-Decade Highs

Long-term borrowing costs are reaching levels not seen in decades, with the U.S. 10-year Treasury briefly hitting 5.04% on September 15, its highest level since 2007.

Still, yields have risen faster in South Korea, Japan, Australia, and France than in the U.S. over the past year.

Japan’s rise marks a significant shift from the ultra-low-rate environment that defined its bond market for decades. Its 10-year yield has crossed 3.0%, reaching its highest level in 30 years as markets anticipate further monetary tightening from the Bank of Japan. Higher yields could also add pressure to Japan’s already large government debt burden.

The sell-off has also spread across Europe. Germany’s 10-year yield reached its highest level since 2009 on September 15, while U.K. borrowing costs have climbed above 5.0%.

How Higher Yields Affect the Economy

Government bond yields act as benchmarks for borrowing costs across the economy. As they rise, financing can become more expensive for mortgages, corporate debt, and other forms of credit.

Governments face pressure as well. Higher yields make refinancing debt more expensive at a time when public debt levels are already elevated across many advanced economies.

The implications also extend to stocks.

With 10-year Treasuries yielding around 5.0%, investors can earn higher returns from relatively safe government debt, raising the hurdle for riskier assets such as equities. Global fund managers now rank turmoil in bond markets as their leading market risk.

Authored by T.J. Muscaro via The Epoch Times,

Italy is moving to ban face coverings in schools and limit the number of foreign students per class, Prime Minister Giorgia Meloni announced at a youth event on Sept. 19.

The event was hosted by her political party, Brothers of Italy. It marks a push by her government to respond to the continuing influx of non-European immigrants, especially those from the Islamic world, with the goal of ensuring these children can better assimilate into Italian society.

“For us, anyone who comes to Italy and wants to build their future here must learn our language, understand our culture, and respect our rules,” she said to a standing ovation. “It is the only serious way to welcome them.”

One major element of this education reform will be making learning Italian mandatory.

“If there is only one child in a class who doesn’t understand Italian, that child will likely be able to learn the language and integrate quickly with the help of classmates and teachers,” she said. “However, if the number of children who don’t understand the language becomes large – or even the majority – that is no longer integration; it is neglect.”

Meloni declined to specify what that limit would be. But according to research institute Fondazione ISMU, currently 11.6 percent of students in Italian schools are foreigners, nearly 12 of every 100 students.

The banning of face coverings was included in the push for increased assimilation.

“You must go to school with your face uncovered, and in Italy no one, in the name of a real or supposed tradition, can decide that a young woman must hide herself,” Meloni said.

She did not mention hijabs, traditional headscarves that do not cover the wearer’s face, in her address.

If approved by the government, this measure will need parliamentary approval within 60 days.

Meloni’s government has made an effort over the years to curb illegal immigration, winning legal battles to fast-track deportation and keep out illegal immigrants who may have entered Europe illegally through its territory but were caught outside of it

Italy has also taken measures against Spain, citing a “high risks to internal security” and a possible terrorist-infiltration threat, after tens of thousands of Moroccan nationals overran Spain’s North African enclave, Ceuta, between July 30 and July 31.

Meloni recently reached a historic milestone by becoming the longest-serving uninterrupted Italian prime minister since World War II.

The Associated Press and Reuters contributed to this report.

On the OECD’s yardstick – defense R&D budget allocations per $1,000 of GDP – the United States spends $3.64. The next country on the list, South Korea, spends $2.06, and nobody else clears a dollar.

Britain is third at $0.97, Germany fourth at $0.79, France fifth at $0.50. The average across the 20 countries ranked is $0.58; the median is $0.27. Greece, at the bottom, spends nine cents.

The gap is about to get wider: the Department of War’s request for fiscal 2027 is $1.5 trillion, 42% above this year’s funding.

As Visual Capitalist explains further, defense research and development is one way countries invest in future military capabilities, from advanced weapons systems to emerging technologies.

This visualization ranks selected OECD countries by defense research and development (R&D) budget allocations per $1,000 of GDP. The data comes from the OECD Economic Outlook, Volume 2026 Issue 1, with figures covering 2024 or the latest available year as of August 2026.

Defense R&D has also historically played an important role in shaping civilian technologies. Research tied to national security has helped support breakthroughs in fields such as computing, aerospace, satellites, medicine, and advanced materials. However, the link between military spending and innovation is not automatic, as secrecy can impede knowledge diffusion, among other factors.

The U.S. Leads by a Wide Margin

The United States ranked first, with defense R&D budget allocations equal to $3.64 per $1,000 of GDP. In absolute terms, the U.S. is also the world’s highest military-spending country by a wide margin, with 2025 spending totaling $954 billion and accounting for one-third of global military spending that year.

The U.S. allocation was nearly 1.8 times South Korea’s and more than 3.7 times the United Kingdom’s, which ranked second and third, respectively.

The table below shows defense R&D budget allocations per $1,000 of GDP for selected OECD countries:

Although U.S. military spending as a share of GDP decreased in 2025 compared with the annual average between 2015 and 2022, the Trump administration’s U.S. Department of War announced in April 2026 that its Fiscal Year 2027 (FY27) Defense Budget would request an unprecedented $1.5 trillion, a 42% increase compared with 2026 funding.

Included in that amount are plans to increase defense R&D spending from $16.6 billion in 2026 to $18.7 billion in 2027, with a stated focus on a general science and technology fund.

South Korea and Europe Round Out the Top Five

Allocating $2.06 per $1,000 of GDP to defense R&D, South Korea ranked second, making it the only other OECD country above $2.

South Korea has emerged as one of the world’s fastest-growing arms producers and exporters, supported by sustained government investment in its defense industry.

Reflecting this growth, four South Korean companies appear in the SIPRI Top 100 list of global arms producers with the largest arms sales revenues in 2024. Their combined revenues increased by 30% from 2023 to 2024.

Following South Korea, the ranking drops quickly. The United Kingdom placed third at $0.97 per $1,000 of GDP. Between 2019 and 2024, the UK’s Ministry of Defense tripled its net expenditure on R&D from £1.02 billion to £3.07 billion.

Germany followed in fourth place at $0.79 per $1,000 of GDP, while France ranked fifth at $0.50 per $1,000 of GDP. France and Germany are the European Union’s largest and second-largest defense R&D spenders, respectively.

Most Countries Spend Far Less on Defense R&D

Across the 20 OECD countries shown, the average defense R&D allocation was $0.58 per $1,000 of GDP.

The median was much lower, at $0.27 per $1,000 of GDP, showing how much the top spenders skew the average.

Within the top 20, the drop-off is steep. The U.S. allocation of $3.64 per $1,000 of GDP was more than seven times fifth-ranked France’s $0.50 and more than 40 times 20th-ranked Greece’s $0.09.

Defense R&D intensity varies considerably among wealthy economies because countries may prioritize procurement, active personnel, operations, or research differently.

Authored by Andrew Korybko via Substack,

The potential pullback of some US forces from the Baltic States upon the completion of its force posture review could be followed by European NATO if Russia agrees to pull back some of its forces from Belarus in order to then establish partial buffers in the post-war European security architecture.

NBC reported last week that the US is considering withdrawing up to half of its ~80,000 troops that are deployed to Europe along with large amounts of equipment. This coincides with European fearmongering led by Poland and France that Russia plans to ramp up its hybrid attacks against European NATO (E-NATO) into increasingly regular kinetic ones that it’ll then deny. E-NATO is also undergoing rapid militarization led by Poland and Germany while deploying ever more forces to Russia’s doorstep.

These sky-high NATO-Russian tensions might be reduced upon the US’ potential drawdown of its forces in Europe depending on the success of the following creative diplomatic proposal. If some US forces are pulled from the Baltic States, then the US might coerce its E-NATO allies to follow suit if Russia does the same with at least some of its forces in Belarus, which they fear could be exploited by it as a launchpad into the Baltic States. The military-strategic logic behind this proposal requires some explanation.

Just as E-NATO fears that Russia could exploit Belarus as a launchpad into the Baltic States, so too does Russia fear that E-NATO could exploit the Baltic States as a launchpad into either Kaliningrad, Belarus, or “mainland Russia”. E-NATO claims that its gradual military build-up in the Baltic States is to deter Russia while Russia’s own regional build-up is arguably to deter E-NATO. The resultant security dilemma risks a major war by miscalculation or a (Ukrainian?) false flag and is why tensions must urgently be reduced.

The key to this proposal is Belarus, Russia’s mutual defense and Union State ally with which the US is in the midst of a fast-moving rapprochement marked by phased sanctions relief in exchange for the release of so-called “political prisoners”. President Alexander Lukashenko is receptive to Trump 2.0’s outreaches in order to reduce multifaceted Western pressure on Belarus since the large-scale phase of the Ukrainian Conflict began nearly half a decade ago and to counterbalance disproportionate dependence on Russia.

They and Putin could thus agree to an arrangement whereby any planned American military drawdown from the Baltic States leads to a partial drawdown of Russian forces in Belarus, incentivized by more sanctions relief for both of them, conditional on E-NATO pulling back its forces from the Baltic States. Poland, where Trump is considering a permanent US military presence and which already commands E-NATO’s largest army, could then become the bloc’s military bastion if they redeploy their forces to there.

It was earlier explained why “Poland Would Be The Baltic States’ Best Security Guarantor In NATO 3.0“, namely due to geographic reasons, the aforesaid military factors, and its envisaged leadership of the Intermarium. If this arrangement is implemented, then it could turn the Baltic States and Belarus into partial buffers, both of which would remain under their allies’ mutual defense umbrellas for deterrence purposes, which could spark progress on Ukraine’s negotiated demilitarization for the same purpose.

If coupled with a Russian-American(-Polish?) mechanism for verifying compliance and addressing issues as they may emerge (e.g. Ukrainian drone flights over Belarusian and Baltic airspace), then tensions could be reduced and a basis for the post-war European security architecture would be established. All eyes are therefore on Belarus ahead of the US’ reported European military drawdown since that country and its leader are the key to this vision for averting a major war in the most realistic way possible.

Authored by J.B. Shurk via American Thinker,

Last week, President George W. Bush sat down with his former secretary of state, Condoleezza Rice, to discuss the September 11, 2001, Islamic terror attacks on the United States. While reflecting on his actions twenty-five years earlier, Bush went out of his way to defend Islam: “I also made it clear that Islam was a religion of peace, not a religion of war, and that these people subverted their religion.” Bush’s absurd statement echoed a similarly absurd statement he made days after the attacks when he told the world, “Islam is peace,” even though the burned bodies of three thousand dead Americans strongly suggested otherwise.

There have been 50,000 Islamic terror attacks since 9/11. Without question, Islam is a cult of conquest, misery, and war.

Bush’s Islamic appeasement angered me twenty-five years ago, and his continued appeasement infuriates me today. I cannot believe that the man who asked Americans to go to war against an Islamic menace that threatened (and still threatens) the world can be so intellectually shallow and morally obtuse. “Islam is a religion of peace,” is a disingenuous stock phrase that is too cute by half. President Barack Obama loves to tell the same lie.

While Americans fought and died in foreign lands in an effort to keep Islam’s homicidal evil from causing further harm to the United States, Bush and Obama resettled Muslims into America’s heartland. Twenty-five years ago, the sight of a woman wearing a burqa in the Midwest would have shocked and worried passersby. Today, it is too common for anyone to feign surprise. Both the number of Muslims and the number of mosques in the United States have more than doubled since the Islamic terror attacks that changed our country permanently. Bush told Americans that we had to fight the terrorists “over there” so that we would never again have to fight them “over here.” While brave American warriors died “over there,” Bush and Obama betrayed those warriors’ sacrifice by inviting more Muslims “over here,” ensuring that Americans will continue to endure Islamic terror attacks until this existential threat is honestly recognized and neutralized.

President Bush is eighty years old, plenty old enough to have learned that he has no business telling Muslims what their “religion” means. If he were telling black Americans what it means to be black, critics would rightfully accuse him of “whitesplaining.” Does Bush believe himself to be an expert on the Quran? Has he become a Texas imam or an “austere religious scholar” during retirement? If not, then why does he insist on telling Americans that Islamic terrorists “subverted their religion”? The opposite seems patently clear: Wherever the scourge of Islam stretches its poisonous tentacles, Islamic violence is certain. Muhammad was a pedophile who encouraged the rape, torture, and murder of innocents. It should be no surprise that pedophiles, rapists, and murderers consider that malevolent deviant a “prophet.”

Writer Antonio Graceffo wrote a well-researched essay this month describing in detail how Muslims are persecuting and murdering Christians across Africa, the Middle East, and parts of Asia. Carrying out massacres against Christians with hammers, machetes, axes, and guns, Muslims are right now engaging in a genocide that corporate news media and Western governments entirely ignore. In Nigeria, the Congo, Mozambique, Syria, Pakistan, Iraq, Egypt, Iran, Lebanon, Turkey, Algeria, and Indonesia, Muslims threaten Christian lives. These are the barbaric conquerors whom Bush defends as noble representatives of the “religion of peace.” No self-described Christian should stay silent while Muslims slaughter Christ’s followers around the world. Somehow, Bush remains quiet about Islam’s unquenchable thirst for Christian blood.

Islamic bloodlust continues to exsanguinate much of Europe. A recent German report shows that foreign migrants (most of whom are Muslim) are responsible for 47% of all violent crime in Bavaria. Over 80% of North African asylum-seekers in Switzerland have been accused of committing crimes while in the country. While British children beg the government not to resettle illegal immigrants into their tiny villages, the United Kingdom is granting settlement or citizenship to one new migrant every single minute.

How is the British government combating this unsustainable invasion? The Home Office hands each Islamic migrant a nine-page booklet explaining that rape and pedophilia are illegal and that women have the same rights as men. In this behavioral guide written primarily for Muslims, the British government outlines how it is not okay to beat women, mutilate girls’ genitals, have sex with children or unconscious women, or leave babies alone. The document further advises Muslims that “women must consent to sex in all situations” and “are allowed to work, study, and make their own decisions” without “permission from men.”

In a section on rape, Muslim men are informed that it is not appropriate to threaten someone into having sex or to have sex with someone who is “asleep, drunk, or unable to respond.” The British government warns Islamic immigrants: “If you have sex with someone without their consent, this is called rape. Rape is a serious crime in the UK. You could go to prison, lose your support and accommodation, and it will affect your asylum claim.” Furthermore, there are no exceptions for child rape: “Even if they say yes, it is still illegal.” Finally, Britain’s new Muslims are reminded that it is not acceptable to intimidate or abuse people or take sexual pictures or videos of strangers without their consent. These “religion of peace” people sure do need a lot of help figuring out that it’s not okay to rape or beat women and children! Perhaps the Brits should stop dropping them off in rural villages where they quickly outnumber the locals ten to one.

A rational person should have no problem understanding Islam as a threat to the world. President Bush held a position of immense power from which he could see Muslim atrocities as key features of that cult belief system. The fact that he remains too much of a moral coward to confront and denounce Islam’s murderers, rapists, and terrorists with clarity and resolve has contributed greatly to the current moral confusion plaguing the United States.

We now have members of Congress who openly support Hamas and Hezbollah terrorists. A terrorist-sympathizing Muslim is the mayor of New York City twenty-five years after his “religion of peace” friends flew hijacked commercial airliners into the Twin Towers and murdered thousands of civilians. Another terrorist-sympathizing Muslim running for the U.S. Senate from Michigan agrees with Muslim members of Congress that 9/11 was worse for Muslims who subsequently endured “Islamophobia.” When Islamic terrorists aren’t trying to murder Americans with their vehicles, bombs, firearms, or knives, they’re rioting in the streets and demanding “justice” for Hamas animals who rape and kill women and behead and microwave babies.

Bush’s inability to identify Islam as a murderous cult ideology has exacerbated the Islamic supremacy problem in the United States. In preparation for the twenty-fifth anniversary of 9/11 this year, public school administrators instructed teachers in Fairfax County, Virginia, to avoid associating the attacks with Islam. Teachers were even told to treat Muslims as heroes and to create “safe spaces” for Muslim students. Virginia’s Democrat governor commemorated 9/11 by ignoring the act of Islamic mass murder and pretending that three thousand Americans died from some kind of inexplicable natural disaster. While New York City’s Muslim mayor laughed during the 9/11 Ground Zero ceremony, New York’s Democrat governor left early, so that she could appear on cable news. Meanwhile, Gen Z Americans are largely indifferent to the September 11, 2001, Islamic terror attacks on the United States. Some even celebrate Osama bin Laden.

Americans promised never to forget Islam’s war against the West. Twenty-five years later, it is obvious that too many did forget. President Bush’s moral equivocations are partially to blame for this travesty.

We publish a variety of perspectives. Nothing written here is to be construed as representing the views of ZeroHedge.

The Air & Space Forces Association’s Air, Space & Cyber Conference opened earlier this week at the Gaylord National Resort & Convention Center in National Harbor, Maryland. Air Force Secretary Troy Meink’s disclosure that the Space Force had launched “space control weapons” into orbit quickly dominated the news cycle.

Beyond the USAF’s new space warfare capabilities, Meink’s remarks about the service’s plan to build out an upgraded unmanned aircraft fleet over the next six years warrant closer attention. His remarks offered potential clues about plans for a successor to, or an alternative operating alongside, the General Atomics MQ-9 Reaper.

The following excerpts from Meink’s speech suggest a shift in unmanned aircraft procurement and hint that a Reaper replacement may be approaching, although they do not, on their own, establish that one is imminent:

And this is not the only class of autonomous aircraft we are aggressively pursuing. As we saw in Epic Fury, ISR strike platforms have been essential. We have used MQ-9 and even now the ULTRA aircraft to great effect.

Building on these lessons, we are developing a family of low-cost multi-role strike platforms called the Mass Modular Aircraft, or MMAs.

MMAs will provide affordable, attritable, long-range strike, and we will be able to field them at scale. Our intent is to field 100 MMAs in 2029 at even a lower cost than the CCAs and a fraction of the cost of manned aircraft we build today. Then by 2032, 500 of these platforms will join our force operational fleet.

One platform worth watching is ULTRA, a Group 5 unmanned aircraft system developed by DZYNE Technologies, now part of Ondas.

ULTRA could assume part of the MQ-9 Reaper’s surveillance workload, particularly missions that prioritize endurance and operating costs over weapons capacity. Its potential role is strongest in intelligence gathering, where extended flight times could reduce aircraft rotations.

In late summer, The National Interest examined the Air Force’s search for a Reaper successor in an article titled “Why the US Air Force Wants a Replacement for the MQ-9 Reaper.” Mounting Reaper losses in the Gulf conflict have increased the focus on a lower-cost alternative. ULTRA’s capabilities support the case for a much cheaper alternative with longer endurance and, considered alongside Meink’s remarks, may suggest that the alternative has been found: ULTRA.

Why is it a bad thing to repair Washington DC’s crumbling landmarks and famous buildings?  It’s only a bad thing when Donald Trump is doing it.  This attitude has led to numerous delays and problems with overall renovations across America’s capital; from vandalism to direct interference with work crews to legal warfare as a way to stall various projects. 

It’s the kind of “monkey wrenching” that is typical among communist organizations and it’s designed to make political opponents look ineffective or incompetent through constant sabotage.  The goal of these people to to ensure that nothing good or positive is accomplished by their enemies.  No visual examples of improvement are allowed – The enemy cannot be seen as helping the public at large; only communism is allowed to “help the public”.

The ongoing battle to finish renovations for the John F. Kennedy Center for the Performing Arts might seem like a minor issue, but it represent a much bigger conflict between the people who want to reform and rebuild American society vs the people who want to burn everything to the ground.  

In response to the Trump Administration’s plans for much needed repairs to the Kennedy Center building, activists are once again turning a reasonable effort into an “act of evil”.  Leftists claim the renovations cover for Trump to “destroy the Kennedy Center because he can’t add his name to the building”.

Huge crowd for the Hands Off the Kennedy Center demonstration in DC to send the message to Trump: Don’t you dare knock down this living memorial to a slain President. pic.twitter.com/v52ofBwEof

— Jim Acosta (@Acosta) September 18, 2026

Protesters have been surrounding the building in hopes of blocking workers from entering and completing the job.  President Trump, as chairman of the Kennedy Center board of trustees, has led a plan for a major two-year overhaul of the main building of the center. The project is funded primarily by about $257 million appropriated by Congress.

The board selected a full closure of the main building (rather than a longer, more expensive phased renovation) so work can proceed without interruption. Some newer and more modern sections of the center are slated to stay open for limited programming and as a memorial space.

“Hands off!”

“Hands Around the Kennedy Center” rally in Washington, DC. pic.twitter.com/o2g10JJNAz

— CSPAN (@cspan) September 19, 2026

Draft plans prepared by consultants and reviewed by the board include:

Exterior and waterproofing:  Polishing the Carrara marble facade, plaza-level waterproofing, terrace/roof work, garage and subgrade repairs, landscaping, and fountain restoration.   

Building systems:  Full replacement of aging HVAC, plumbing (described as decades old), electrical, fire-protection, elevator, and escalator systems, plus technical stage equipment. 

Public spaces (“front of house”):  New marble flooring, furniture, draperies, and lighting in the Grand Foyer and similar areas; relocated box office; new coffee shop; restroom upgrades (including a VIP restroom); wayfinding improvements.   

Performance venues:  Upgrades to the Concert Hall (including acoustical work and work around its pipe organ), Opera House, Eisenhower Theater, and smaller spaces such as the Family Theater, Terrace Theater, and Theater Lab—new seating, flooring, lighting, and related modernization. 

The monument has been falling apart for years.  According to government records, 456 leaks were recorded in the building from 2018 to 2023.   Water intrusion has caused severe decay to internal walls and sensitive electrical areas.  The cooling and heating for the building is 30 years old and needs replacement.  Wiring is rotting and elevators need new parts.  Some plaster ceilings have recently collapsed after heavy rains. 

Another warning we can’t ignore. A section of the Grand Foyer ceiling collapsed after this week’s storms. Thankfully no one was hurt. Decades of deferred maintenance made this inevitable.

Chairman President Trump has been right: America’s cultural center needs to close,… pic.twitter.com/Z1KrNsk78p

— The Kennedy Center (@TKCOfficial) September 5, 2026

Many of these problems were flagged during the Biden Administration, but nothing was done.  Leftists claim these ceiling cave-ins are part of a “conspiracy” by Trump to push forward the renovations, but similar issues have been cited for years, well before Trump entered office. 

The motive behind left wing interference in these projects is simple:  To agitate and obstruct until people give up on having nice things.  When the public gives up and society is awash in decay, communists can step in and argue that they are the answer.  In other words, they intend to hold the country hostage and prevent improvement until the public gives them the power they desire.    

Authored by Tom Gantert via The Epoch Times,

The Pentagon on Sept. 18 released its sixth batch of declassified and historical UFO files, including papers examining speculative concepts such as warp drives, cloaking devices, stargates, and wormholes.

In July 2025 in the northeastern United States, an eyewitness observed an intense bright light in their backyard as they parked their car upon returning home from work. This is a screenshot from the witness’s personal video. Screenshot by The Epoch Times/Courtesy of the Pentagon

The documents, produced through the Advanced Aerospace Weapon System Applications Program, examine subjects including discussions on ideas such as antigravity, negative-mass propulsion, and invisibility. The Pentagon cautioned that these were reference papers, not proof that the concepts are workable or validated.

The files span events from 1952 to as recent as 2025.

One 2010 file discusses “early experiments behind invisibility cloaking, describing several ways an object might be hidden from visual or sensor detection, including camouflage, transparency effects, and optical cloaking that bends light around an object.”

Another 2010 file examined wormholes and stargates as “hypothetical spacetime structures within general relativity that theoretically offer a means of faster-than-light travel or communication.”

A Pentagon research paper from the time describes injuries suffered by three healthy antenna engineers following what it called an “anomalous ‘accident.'”

Within 72 hours, the engineers experienced skin heat and redness, fever, pain, headaches, numbness, nausea, diarrhea, hair loss, heart palpitations, insomnia, and anxiety. Two developed extreme light sensitivity and inflamed, bloodshot eyes. One showed signs of radiation illness and later developed indications of malignant changes.

The paper attributed the symptoms to accidental close-range exposure to a mixture of radiofrequency, microwave, and ultraviolet radiation. It characterized the investigation as “extensive, but controversial.”

The files were published through the Presidential Unsealing and Reporting System for UAP Encounters, or PURSUE, according to Pentagon spokesman Sean Parnell.

Parnell did not describe the number or contents of the newly released files in the announcement. He said the Pentagon and other federal agencies are working on the next release and will continue publishing additional material.

Previous releases included a pitch involving a Hollywood actor to NASA and a 1957 report of a UFO sighting in Germany.

In 2001, space advocate Carol Rosin wrote a letter to a NASA official with a proposal to bringing her husband, actor Jon Cypher, to the official’s office to promote a space initiative. Her sales pitch stressed Cypher’s appearances on “Hill Street Blues” and “Major Dad,” his Broadway performance in “Man of La Mancha,” his ability to sing opera in four languages and his fondness for discussing space.

Rosin assured the recipient that their proposal would not cost NASA “a dime” and would require only as much time as he wanted. She then invited him and his associates to lunch or dinner.

The 1957 report was an FBI file from a U.S. citizen who was a war prisoner in Germany. He reported seeing a UFO while working in Germany in 1944.

Bechtel and Bill Gates-backed TerraPower are parting ways over the next phase of the Natrium reactor project in Wyoming, adding a construction headache to a sector already digesting Holtec’s postponed IPO.

According to a layoff notice reported by Washington Business Journal, the companies failed to reach an agreement and “have decided to move forward separately.” 

It’s a hard flip from April when Bechtel was celebrating mobilization and field execution at Kemmerer Unit 1. And just last month, TerraPower was still targeting completion in 2030 for the project, which is a 345 MW sodium-cooled reactor plus a molten-salt storage system.

Nothing has pointed yet to an actual halt in the construction efforts. But this isn’t exactly the cleanest spot to suddenly change contractors. The fact that the industry is in the midst of its greatest attempted comeback yet makes it significantly more awkward that the two leading nuclear parties are struggling to work with each other.

While there is a sufficiently large construction industry for TerraPower to choose a new partner from, the list becomes incredibly short when considering which EPC firms hold the actual talent and nuclear industry experience required to complete the project on time and on budget.

On the domestic side, Fluor is likely high on the list, as they are arguably the number two nuclear construction firm behind Bechtel. In April, it signed an agreement with X-energy for initial planning and project-definition work on the proposed four-reactor development at Dow’s Seadrift site in Texas.

If Bechtel does get outright replaced, though, a name higher on the list than Fluor is likely South Korea’s Hyundai Engineering & Construction. Under an August framework agreement, TerraPower selected Hyundai as their EPC contractor for up to eight future Natrium reactors, with completion, price and performance guarantees intended to support commercial financing.

Meanwhile, Holtec has supplied the week’s other unwelcome headline. As we covered in our Labor Day nuclear roundup, the company had marketed 50 million shares at $15 to $18 each, seeking up to $900 million.

Barely a week later, Holtec confirmed the postponement, citing deteriorating investor sentiment and uncertainty around data-center development. It intends to keep its SEC registration statement on file and says work on Palisades and its SMR program will continue.

Authored by AG News Staff via American Greatness,

President Donald Trump announced plans to form an “AI Force” and appoint an artificial intelligence czar as his administration looks to promote the rapidly growing technology while using existing laws to address potential wrongdoing.

Trump argued Democrats are attempting to create public doubts about AI after criticism of data centers failed to gain traction.

“It all began with an attack on our Data Centers, until people realized how wealthy and prestigious they were for the Communities in which they were built,” Trump wrote on Truth Social, pointing to what he described as higher salaries, lower taxes and safer streets.

Trump said his administration would resist efforts to slow the industry’s growth.

“We will not in any way hinder or stifle the Growth of this incredible Industry. Rather, we will cherish it, help it, and watch over it, as it grows!” Trump wrote.

The president also acknowledged the potential for harmful activity involving AI, but said existing criminal and civil laws could be used to address misconduct.

“For this purpose, I am forming the AI Force, much like I did Space Force, which has been a tremendous SUCCESS, in my First Term,” Trump wrote.

Trump said he would soon announce an AI czar to help oversee the effort, adding, “Only High I.Q. individuals need apply!”

The president portrayed artificial intelligence as a potentially transformative force for the American economy, comparing its significance to the Industrial Revolution and the internet.

Trump said AI could eventually have an economic impact equal to as much as 25% of U.S. gross domestic product.

“We are leading China, and the rest of the World, and I intend to keep it that way!” Trump wrote.

In a separate post on Saturday, Trump said many people do not think the term “artificial intelligence” is an accurate way to describe the technology.

“A far more elegant and accurate description of this new phenomena would be Superior Intelligence (SI) or, Extreme Intelligence (EI) or, Supreme Intelligence (SI),” Trump wrote.

“This is a Poll, and I would appreciate everybody voting! Which is the best name for this ever-growing ‘Revolution?’”

California Gov. Gavin Newsom, a Democrat who is considering a bid for the White House, criticized Trump’s statements about AI on Saturday.

“Instead of regulating AI, he’s posting polls to rename it,” Newsom wrote.

“California is taking action. I just signed an executive order accelerating America’s first independent AI safety oversight framework.”

The president’s announcement comes amid calls from some lawmakers to further regulate the technology and local protests against the construction of new data centers.