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Curiosity Mounts Over Bannon’s 15 Hours Of Epstein Interviews

Curiosity Mounts Over Bannon’s 15 Hours Of Epstein Interviews

With the Trump administration under fire from angry conservatives demanding the release of the federal government’s information about Jeffrey Epstein, increasing attention is turning to a trove that’s in private hands: Steve Bannon’s 15+ hours of videotaped interviews with Epstein.

The interviews took place between 2018 and 2019. That’s prior to Epstein’s July 6, 2019 arrest on sex-trafficking charges that eventually led to his death in a New York City jail, but after the Miami Herald put a new spotlight on Epstein’s manipulation of the criminal justice system after he was first investigated for sex crimes with underage girls in 2005, with the Herald tracking down scores of his victims. 

In 2021, a trailer was released promoting an upcoming, Bannon-co-produced documentary called, “The Monsters: Epstein’s Life Among the Global Elite.” The trailer includes snippets from the interviews. However, nearly four years later, the documentary has yet to be released. Bannon says we can expect to see it early next year. 

According to Epstein’s brother, Mark Epstein, the interviews were part of Bannon’s effort to salvage Jeffrey Epstein’s ruined public image. “[Bannon] told me he has like 15 or 16 hours of videotape of Jeff. He was trying to help Jeff rehabilitate his reputation,” Mark Epstein told NBC News. “They spent a lot of time together.” 

According to Michael Tracey, who’s been diving into this summer’s eruption of Epstein controversy at his Substack newsletter, Bannon and Epstein are believed to have first met in December 2017, by which time Bannon was an alumnus of the first Trump administration and — more significantly — a renowned principal architect of Trump’s stunning, establishment-defying 2016 triumph.

Citing Michael Wolff’s book Fire and Fury, Tracey relates that Bannon participated in a media-strategy meeting with Epstein and others in late 2018 or early 2019. One of those others was former Israeli Prime Minister Ehud Barak. “[Epstein] probably can’t be hated any more,” Bannon is quoted as declaring at the planning session. “We’ve flatlined on this. He can’t get deader. While the chances of reviving him are remote, what’s the alternative?”

It remains unclear whether Bannon was helping Epstein as a favor, or as a paid consultant with a recent history of masterful molding of public opinion about a controversial character. At the time, Epstein was shelling out $3 million a month to a British PR firm. Offering another potential insight into the nature of their relationship, Epstein’s Paris butler told Radio France that Bannon was among American guests Epstein hosted in France, with Epstein routinely accompanied by “juenes femmes.”  

Bannon certainly hasn’t been talking like a man caught in an Israeli-intelligence honeypot, starting with his own public accusations that Epstein was tied to Israeli intelligence: 

“[The Epstein story] goes right to the intelligence services of both this country and Israel. Let’s be blunt about this. That’s why all the Israel First guys — the Tel Aviv [Mark] Levins and all these guys — say ‘nothing to see here’.” 

He’s also been a thorn in Israel’s side regarding the top item on the Zionist state’s agenda. After Israel launched its war on Iran last month and made every effort to maneuver the United States into a major, long-term commitment to conflict, Bannon was among the most outspoken voices on the right calling for Trump to steer clear — for example, telling Newsweek: 

“What [Israel] did is they drew us into a war they knew they couldn’t finish. They drew us into a war they knew they couldn’t defend against. So, this is my problem. We need to reset. We don’t have an alliance with them, just like Ukraine. We’ve got to stop saying they’re allies, they’re not allies.”     

Amid this month’s firestorm over the Epstein files, which includes widespread suspicions that Epstein was an asset of the Israeli Mossad, Bannon has been calling for Trump to appoint a special counsel to navigate the release of information. “Epstein is a key that picks the lock on so many things, not just individuals, but also institutions, intelligence institutions, foreign governments and who was working with him on our intelligence apparatus and in our government,” Bannon said at a Turning Points USA conference. 

Steve Bannon on a recent episode of his War Room podcast 

Meanwhile, a growing number of people would like Bannon to share his extraordinarily rare asset: More than 15 hours of interviews with a man who’d spent much of his adult life shying away from media inquiries. “Let me see the videotapes. He’s my brother,” Mark Epstein asked, via NBC News.

“We’re going to release the film, the five-part series next year — early next year,” Bannon said last week when asked about the documentary’s status. “You’re going to have to name names, and you’re going to have to understand how the elites of the world but also the intelligence services are inextricably linked in the Epstein story. That’s the key.”

Given the interviews were seemingly done as part of a PR effort on Epstein’s behalf, it strikes us as highly unlikely that Bannon’s videotapes captured anything explosive — but they would certainly make for highly-interesting viewing nonetheless. 

Tyler Durden
Sat, 07/19/2025 – 14:35

California Sues Trump Administration Over Termination Of High-Speed Rail Funding

California Sues Trump Administration Over Termination Of High-Speed Rail Funding

Authored by Chase Smith via The Epoch Times (emphasis ours),

California sued the Trump administration on July 17 over its decision to revoke $4 billion in federal grants for the state’s high-speed rail project, calling the move politically motivated and illegal.

A drone view of a California High-Speed Rail bridge where it crosses through Fresno, Calif., on June 8, 2025. REUTERS/Fred Greaves/File Photo

Gov. Gavin Newsom announced the lawsuit in a press release, accusing the administration of using the federal grant termination as retribution against California. The state claims the Federal Railroad Administration (FRA) ended two grant agreements without cause, despite the project meeting its obligations under federal oversight.

“In reality, this is just a heartless attack on the Central Valley that will put real jobs and livelihoods on the line,” Newsom said in the release. “We’re suing to stop Trump from derailing America’s only high-speed rail actively under construction.”

The California High-Speed Rail Authority (CHSRA), which filed the suit, said in a post on X that “canceling these grants without cause isn’t just wrong, it’s illegal.”

CHSRA said it has met every requirement under its agreements, pointing to multiple federal reviews—including one as recent as February—that found the project to be in compliance.

The lawsuit argues that President Donald Trump’s actions are part of a long-running pattern of political retaliation, pointing to his first administration’s attempt to revoke high-speed rail funding the day after California sued to block his emergency declaration for a border wall.

In both instances, California claims, the timing and public remarks show the decisions were driven by personal animus, not project performance.

The state also claims that the FRA ignored its own oversight record. As recently as October 2024, the agency completed an annual monitoring review and “made no findings for which corrective measures were needed,” according to the suit.

The lawsuit says the abrupt reversal in Trump’s second term was unjustified and that CHSRA was given inadequate time to respond.

Transportation Secretary Sean Duffy announced the termination on July 16, following what the FRA described as an exhaustive compliance review. He said CHSRA failed to meet critical benchmarks, citing a $7 billion funding gap, missed procurement deadlines, and a lack of capacity to deliver the project’s first operating segment by 2033.

“This is California’s fault,” Duffy said in a statement. “Governor Newsom and the complicit Democrats have enabled this waste for years. Federal dollars are not a blank check–they come with a promise to deliver results. After over a decade of failures, CHSRA’s mismanagement and incompetence have proven it cannot build its train to nowhere on time or on budget. It’s time for this boondoggle to die.”

The administration argues the funds would be better spent on projects with clearer timelines and viable completion plans. The FRA said CHSRA’s responses to its findings were inadequate and did not address concerns outlined in a 300-page review.

The lawsuit, however, says the FRA’s case rests on a mischaracterization of CHSRA’s own Inspector General (IG). After the agency cited the IG’s report to support its funding gap concerns, the Office of the Inspector General-California High Speed Rail (OIG-HSR) issued a letter disavowing that interpretation.

“We have identified no citations by the FRA supporting its assertion that the OIG-HSR ever made this conclusion,” the letter said.

CHSRA says it is nearing the track-laying phase, with 171 miles under active construction, more than 50 major structures completed, and more than 15,000 jobs created. Environmental reviews for 463 miles of the corridor are complete, and the agency expects passenger service to begin between 2030 and 2033.

The rail project, initially pitched in 2008 as an 800-mile line connecting San Francisco and Los Angeles by 2020, has since been scaled back to a 171-mile segment from Merced to Bakersfield. Projected costs have risen to an estimated $135 billion, according to the Department of Transportation.

Last month, the department warned that federal funding was at risk if California failed to resolve what it called a pattern of mismanagement and unrealistic projections. CHSRA rejected those claims, arguing the project remained on track with state support and that federal findings ignored recent progress.

In this week’s lawsuit, California asked the court to block the FRA’s termination decision and allow the state to retain the remaining federal grant funds.

The Epoch Times has contacted the White House for comment.

Tyler Durden
Sat, 07/19/2025 – 14:00

Virtual Power Plants Helped Save The Grid During Heat Dome

Virtual Power Plants Helped Save The Grid During Heat Dome

By Brian Martucci of UtilityDive

As the eastern half of the United States baked under record heat late last month and electricity demand reached multi-year peaks, it looked like the grid might succumb. 

Grid operators and public officials scrambled to avoid a disaster, ordering generators to defer maintenance and customers to conserve energy. The PJM Interconnection served about 161 GW of load on June 24, its highest demand since 2011 and not far off its all-time high of 165.6 GW.

But aside from scattered outages caused by heat-damaged electrical delivery equipment in parts of the New York City area, Eastern U.S. grids largely weathered the heatwave. 

Grid experts — and at least one grid operator — say at least some of the credit goes to distributed energy resource aggregations and flexible loads dispatching at higher rates than ever before. Those “virtual” or distributed power plants helped keep the lights on as generator reserve margins plummeted.

“PJM said that demand response was essential,” Federal Energy Regulatory Commission Chair Mark Christie said in a June 30 press conference focused on the need for resource adequacy amid rising load forecasts. “That 161-GW peak would have been higher without DR, so DR is an important part of the mix too.”

Major virtual power plant operators matched near-record peak loads with unprecedented dispatch activity. Sunrun dispatched more than 340 MW from customer-sited batteries on the evening of June 24. The same day, EnergyHub shed 900 MW of peak load and shifted 3.5 GWh of energy away from the highest-demand periods. Uplight managed about 350 MW of flexible load in 45 dispatch events across 16 utility programs over the course of the heat dome week. 

Supportive state policy, expectations for rising power demand and simple economics are pushing once-skeptical utilities to embrace VPPs, said Hannah Bascom, chief growth officer at Uplight.

“You’re seeing [utility] folks on the supply side saying, ‘Wait, how many megawatts do we have lying around?’ And the light bulbs are starting to go off,” Bascom said in an interview.

Quicker and cheaper than traditional generation

It helps that it costs far less — and takes less time — to aggregate existing customer-sited resources than it does to build new dispatchable generation or storage, Bascom added. 

A new, 400-MW VPP has a net cost of $43/kW-year, compared with $69/kW-year for a utility-scale battery and $99/kW-year for a gas-fired peaker plant, the U.S. Department of Energy said in a January update to its virtual power plant liftoff report. An RMI report released last July said VPPs could be deployed in six to 12 months, quicker than any form of utility-scale generation. 

RMI’s report made a point of saying utilities eyeing VPPs in mid-2024 could have them ready in time for this summer’s heat. 

It’s clear many utilities and other load-serving entities have launched or expanded VPP offerings recently, said Kevin Brehm, a manager in RMI’s carbon-free electricity practice. 

“We’re definitely seeing progress in terms of the number of utility [VPP] programs, and in regulation and policy being implemented to advance VPPs,” he said in an interview.

Last year, RMI and the VPP Partnership published a flipbook featuring 75 U.S. VPPs with 3.9 million enrolled customers and 1.5 GW of capacity. That’s a small fraction of DOE’s 30 GW estimate of total U.S. VPP capacity in 2024.

Brehm cautioned that because VPPs can be deployed so quickly, published figures may underestimate capacity and thus the potential for utilities and aggregators to dispatch it during extreme weather events.

“Actual VPP capacity is what ultimately determines the level of response,” he said. “And [public reports] don’t tell the whole story because there’s a lag.”

Residential smart thermostats are already central to hot-climate VPP programs like Arizona Public Service Cool Rewards, whose 140 MW of thermostat capacity accounted for most of the utility’s 190-MW VPP as of last September. They’ll become even more important as smart thermostat adoption increases from today’s relatively low levels, Brehm said.

Commercial and industrial participation has room to grow

But much of the country’s VPP capacity still comes from manual commercial and industrial demand response programs, where power-hungry facilities agree to curtail load during peak periods, Wood Mackenzie said last year in a report. Another report by Energy Systems Integration Group showed C&I enrollments in wholesale demand response programs ranging from 4% to 10% of total potential capacity in most grid operator territories.

“Given how much capacity prices have risen recently, we’re going to see a lot more [C&I] demand response, and the potential is on the [multi] gigawatt scale,” Brehm said.

With the notable exception of the California Independent System Operator’s territory, C&I demand response enrollment has recently flatlined or declined in most regions due to limited customer awareness, weak financial incentives and barriers to wholesale market participation, according to ESIG. 

Brehm is hopeful that better technology and program design will turn the tide. Some VPP operators, like Voltus and CPower, coordinate multiple customer-sited resources, rather than interrupting power at a facility’s meter and shutting down production lines, he said. During the June heatwave, CPower says it dispatched 18.5 GWh across 120 events in PJM, ISO-New England and the New York Independent System Operator’s territory.

Small and midsize commercial facilities can also provide meaningful support during extreme weather events, said Thomas Flynn, chief administrative officer and general counsel at Budderfly, a commercial energy management provider serving more than 7,000 restaurants, medical clinics, convenience stores, hotels, gyms and other commercial sites nationwide.

Budderfly activated its first VPP on June 1, just in time for the heatwave. Flynn said the initial deployment included capacity in PJM, ISO-New England and the Southwest Power Pool — all hit hard last month — as well as CAISO. Enrollment could expand to NYISO and the Electric Reliability Council of Texas soon.

“We ran events across all of our programs during the week of the heat dome, activating programs from coast to coast,” Flynn said. “The events went well.”

For now, Budderfly’s VPP mainly dispatches HVAC systems via smart thermostats, but Flynn said it will soon expand to include onsite refrigeration systems, lighting, rooftop solar, electric vehicle chargers and onsite battery storage.

Because Budderfly owns those resources, dispatch is simpler than for customer-owned equipment, Flynn said. For local utilities, that simplicity — and the fact that commercial sites generally have larger and more consistent power loads — means more reliable and predictable VPP capacity.  

“Utilities see this model as a more reliable and scalable solution for flexible load capacity, particularly in regions where traditional demand response has been underutilized,” Flynn said. Budderfly can target dispatch in grid nodes without big industrial customers to provide load flexibility on a larger scale, he added.

Like Budderfly, Sunrun generally owns customer-sited resources. Its rapidly growing arsenal of batteries allows it to play a meaningful role in responding to extreme weather events, said Chris Rauscher, its head of grid services.

“We’ve fully embraced a storage-first strategy over the last few years,” Rauscher said. “Nearly 70% of our new installations include battery storage, up from just 10% a few years ago.”

Republican attack on renewables could help VPPs

Despite the recent U-turn in federal policy around renewables, the Trump administration’s preference for dispatchable power and declaration of an energy emergency create an opening for distributed asset owners like Sunrun, Rauscher said.

“Dispatchable energy is a top priority for this administration, and critical for grid stability,” he said. 

At the same time, Rauscher added, utilities are waking up to the fact that they need more electrons as fast as possible. Sunrun operates 17 VPP programs across the U.S., including utility-run programs like ConnectedSolutions in the Northeast and state programs like Demand Side Grid Support in California.

“The narrative is shifting [and] utilities are starting to see VPPs not just as pilots, but as core infrastructure,” Rauscher said.

Uplight’s Bascom agreed. While the rollback of clean energy tax credits will likely slow the deployment of distributed energy resources, that will also make it more expensive to build utility-scale generation, likely netting out to a boost for VPPs, she said.

“We still haven’t hit mass-market penetration,” she said. “We think there’s a lot of opportunity to leverage these resources for way, way cheaper than any type of new generation.”

Tyler Durden
Sat, 07/19/2025 – 12:50

Russia Will Target Any ‘Coalition Of The Willing’ Forces In Ukraine

Russia Will Target Any ‘Coalition Of The Willing’ Forces In Ukraine

Via The Libertarian Institute

The Russian Foreign Ministry said any troops from third countries deployed to Ukraine will become targets. European nations have discussed plans to send their soldiers to Ukraine if a ceasefire with Russia is reached. 

Russian Foreign Ministry Spokeswoman Maria Zakharova explained that any country that joins a coalition of the willing and deploys troops to Ukraine will become targets. “We have repeatedly stated that a deployment of armed forces of other countries in Ukraine under any pretense would be absolutely unacceptable,” she said.

Via Wiki Commons

“We regard this as preparations for foreign military intervention. We will consider these so-called ‘multinational forces’ as legitimate military targets,” she added.

Several European countries have said they would be willing to join a “coalition of the willing” to deploy soldiers to Ukraine after a ceasefire with Russia is reached. Earlier this month, UK Defense Minister John Healey said, “The prime minister has always been clear that he’s ready to put troops into Ukraine to help reinforce a ceasefire.”

“The coalition of the willing” is an infamous phrase used by the George W. Bush administration to try to sell the Iraq War. 

Moscow says it is unwilling to enter into a ceasefire with Ukraine and is seeking a permanent end to the conflict that addresses the Kremlin’s security concerns. 

Multiple leaks throughout the war have exposed that a small number of American and NATO troops are inside Ukraine. However, Europeans are now discussing a large-scale deployment meant as a deterrent to a future Russian invasion. 

The escalating support for Kiev has led some in the Kremlin to argue for Moscow to take a more aggressive position against Ukraine’s Western backers. Dmitry Medvedev, former Russian President and current deputy head of the National Security Council, suggested launching preemptive attacks. 

“What is happening today is a proxy war, but in essence it is a full-fledged war,” Medvedev, who is now a senior Russian national security official, told the Tass news agency. “We need to act accordingly. Respond in full. And if necessary, launch preventative strikes.”

However, Medvedev also acknowledged that Russian President Vladimir Putin had ruled out attacking more European countries. “Let me remind you that our president stated unequivocally: Russia does not intend to go to war with NATO or ‘attack Europe’. Such claims by Western politicians are utter nonsense.”

He continued, “I would also like to add that this kind of drivel is deliberately injected into the information space to destabilize an already difficult situation. It is yet another front in the West’s open war against us.”

Tyler Durden
Sat, 07/19/2025 – 11:40

Mossad Chief Pushes For US Assistance In Removing Gazans To Outside Countries

Mossad Chief Pushes For US Assistance In Removing Gazans To Outside Countries

According to a new report by Axios, Mossad director David Barnea visited Washington this week to seek US support for Israel’s efforts to persuade regional countries to accept large numbers of Palestinians which Israel plans to forcibly remove from Gaza.

Citing two sources familiar with the discussions, Axios reported that Barnea informed White House envoy Steve Witkoff that Israel has been holding talks with Ethiopia, Indonesia, and Libya about taking in Palestinian refugees. This as there’s been on and off negotiations with Hamas, which haven’t produced any truce settlement, and the war with Hamas has continued to spiral.

Via AFP

While Israeli Prime Minister Benjamin Netanyahu has claimed that any relocation of Gaza’s population would be “voluntary,” many international legal experts and war monitors argue that such a plan would amount to ethnic cleansing and should be deemed a war crime.

The sources cited in Axios said Barnea told Witkoff that the three countries showed a willingness to accept substantial numbers of Palestinians, and that he suggested the US provide incentives to encourage their cooperation.

In the case of two of the countries, Ethiopia and Libya, there are long-simmering clashes and the potential for renewed civil war present. Libya in particular is actually controlled by at least two rival governments and powerful warlords have sway over the east.

It doesn’t appear that Witkoff has committed to supporting the proposal, and representatives from the three named countries have not issued public statement.

Back in February, President Trump put forward an ultra-controversial proposal to expel all two million Palestinians from Gaza, paving the way for Israel transform the strip into the “Riviera of the Middle East.”

It was at that time that US officials reportedly began to pressure Prime Minister Netanyahu to identify countries willing to take in large numbers of Palestinians displaced from the Gaza Strip as a result.

The McAmericanization of ancient Gaza?

As it stands, nearly the entire population of Gaza, of over two million people, has been internally displaced, as Israeli airstrikes have devastated much of the region, including the destruction of homes, hospitals, mosques, schools, and even churches.

Tyler Durden
Sat, 07/19/2025 – 11:05

Nearly Two Dozen Injured After Car Plows Into Crowd Outside Los Angeles Nightclub

Nearly Two Dozen Injured After Car Plows Into Crowd Outside Los Angeles Nightclub

Chaos erupted outside an East Hollywood nightclub early Saturday morning after a vehicle plowed into a crowd, leaving at least 20 people injured. 

The Los Angeles City Fire Department stated, “Initial reports of an unknown vehicle into a crowd, 20+ patients. Estimated 4-5 in at least critical condition, 8-10 in serious condition, 10-15 in fair condition.”

AP News quoted Capt. Adam Van Gerpen, who said dozens of people were waiting along Santa Monica Boulevard in East Hollywood, waiting to enter a nightclub, when a Nissan Versa struck them. 

Van Gerpen said first responders discovered one patient had been shot, but details remain scant. 

He said, “They were all standing in line going into a nightclub. There was a taco cart out there, so they were … getting some food, waiting to go in. And there’s also a valet line there,” adding, “The valet podium was taken out, the taco truck was taken out, and then a large number of people were impacted by the vehicle.”

“This is under police investigation,” Van Gerpen. “This will be a large investigation with the LAPD.”

Local authorities have not confirmed whether the crash was a car ramming attack or triggered by a medical episode. 

Tyler Durden
Sat, 07/19/2025 – 09:55

Meta Won’t Sign EU’s Code Of Practice For Generative AI, Says Executive

Meta Won’t Sign EU’s Code Of Practice For Generative AI, Says Executive

Authored by Evgenia Filimianova via The Epoch Times (emphasis ours),

Meta’s chief global affairs officer, Joel Kaplan, said on Friday that the U.S. tech giant will not sign the EU’s new voluntary code of practice for general-purpose AI, citing legal uncertainties and measures that go beyond the scope of Europe’s main AI law.

A pedestrian walks in front of a new logo and the name “Meta” on the sign in front of the Facebook headquarters in Menlo Park, Calif., on Oct. 28, 2021. Justin Sullivan/Getty Images

In a statement posted on LinkedIn, Kaplan said the company will not be signing the Code of Practice for General-Purpose AI (GPAI), a set of nonbinding guidelines covering AI transparency, copyright, and security.

Designed for developers of general-purpose AI models, the code aims to help them prepare for, and comply with, the AI Act, which takes effect in stages starting Aug. 2.

“Europe is heading down the wrong path on AI,” Kaplan said. “We have carefully reviewed the European Commission’s Code of Practice for general-purpose AI models and Meta won’t be signing it. This Code introduces a number of legal uncertainties for model developers, as well as measures which go far beyond the scope of the AI Act.”

The EU’s AI Act creates one system for all EU countries, dividing AI into four risk levels: unacceptable, high, limited, and minimal. High-risk systems, like those in critical infrastructure or hiring, face strict requirements, including safety checks and documentation.

It covers the regulation of large language models and foundation models built by companies such as Meta’s Llama, OpenAI’s GPT-4, Google DeepMind’s Gemini, and Anthropic’s Claude.

Companies failing to comply could face fines ranging from 7.5 million euros ($8.7 million) or 1.5 percent of turnover, to as much as 35 million euros ($38.2 million) or 7 percent of global turnover.

Businesses Voice Concerns

The release of the GPAI Code was delayed several times before the European Commission published the final version on July 10.

The EU said companies that voluntarily sign the GPAI will face a lighter administrative burden and gain more legal certainty compared to proving compliance through other methods. Last week, ChatGPT-maker OpenAI announced its intention to sign the code.

Kaplan pointed to industry uncertainty over the EU’s AI regulation, citing concerns by 44 of Europe’s largest companies, including Bosch, Siemens, SAP, Lufthansa, Airbus, and BNP.

In an open letter, dozens of top European business leaders earlier this month urged EU officials to postpone key parts of the AI Act by two years, warning that the current rules are too complex and risk undermining Europe’s competitiveness in artificial intelligence.

The group said the AI Act, set to impose new obligations on both high-risk AI systems and general-purpose AI models starting in 2025 and 2026, could stifle innovation if implemented too quickly.

“We share concerns raised by these businesses that this over-reach will throttle the development and deployment of frontier AI models in Europe, and stunt European companies looking to build businesses on top of them,” Kaplan said.

New Guidelines

Meta’s announcement came on the same day the European Commission published new guidelines explaining how general-purpose AI companies must comply with the EU’s AI Act.

The guidelines list several key requirements, including writing clear technical documentation, explaining what data was used to train the models, setting copyright policies, and protecting AI systems from misuse or hacking.

For the most advanced AI models that could pose risks to public safety, human rights, or society, developers will also need to run safety tests, reduce potential harms, and report serious incidents to EU regulators.

“By providing legal certainty on the scope of the AI Act obligations for general-purpose AI providers, we are helping AI actors, from start-ups to major developers, to innovate with confidence, while ensuring their models are safe, transparent, and aligned with European values,” the EU’s executive vice-president for tech sovereignty, security, and democracy, Henna Virkkunen, said in a statement.

To support innovation, the commission said companies making significant modifications to existing models will only need to document the changes and the new training data used, rather than provide full documentation of the entire model.

Officials said this approach is designed to enable most developers to build on existing models without facing excessive regulation.

Tyler Durden
Sat, 07/19/2025 – 09:20

Total Cargo Theft Surges 13%, Metals Theft Surges 96%, In Q2 2025

Total Cargo Theft Surges 13%, Metals Theft Surges 96%, In Q2 2025

Cargo theft is rising sharply across North America, with criminals increasingly targeting high-value commodities and employing complex fraud tactics, according to new data from CargoNet, a product of Verisk Analytics. 

In the second quarter of 2025, CargoNet recorded 884 supply chain theft incidents across the United States and Canada—a 13% increase over the same period in 2024 and a 10% rise from the first quarter of this year. The estimated total loss exceeded $128 million, based on average loss values applied to incidents without specific reports.

The data also shows a month-over-month acceleration in theft activity during the quarter: incidents rose 14.6% in April, 4.4% in May, and a staggering 21.9% in June, highlighting growing urgency around supply chain security.

Certain commodities saw significant spikes in theft, indicating a shift from opportunistic theft to more calculated, market-driven operations. Metals theft nearly doubled, surging 96% year-over-year to 53 incidents, a rise that coincides with copper trading near record highs.

Food and beverage products were another major target, with 180 reported thefts, marking a 68% increase from Q2 2024. This category now accounts for over 20% of all cargo thefts, with alcoholic beverages, energy drinks, and meat products among the most commonly stolen items.

“The strategic targeting of specific commodities reveals the business-like approach of modern cargo theft operations,” said Keith Lewis, vice president of operations at Verisk CargoNet. “These aren’t opportunistic crimes – they’re calculated operations targeting goods with the highest illicit-market value and easiest resale potential.”

The average stolen shipment value in Q2 reached $203,586, with downstream effects including increased insurance premiums, delivery disruptions, order replacements, and ultimately higher consumer prices.

In addition to physical theft, CargoNet warns of a rising trend in sophisticated fraud-based cargo theft, involving document forgery and identity theft. These schemes are often executed by international organized crime groups and are becoming increasingly difficult to detect.

“Traditional physical security measures alone are no longer sufficient,” Lewis cautioned. “The industry must adopt a multi-layered approach combining physical security, digital verification, and real-time intelligence sharing to combat these evolving threats.”

Tyler Durden
Sat, 07/19/2025 – 08:45

EU Budget Showdown: A Choreographed Conflict?

EU Budget Showdown: A Choreographed Conflict?

Submitted by Thomas Kolbe

EU Budget Showdown: A Choreographed Conflict?

One day after the European Commission unveiled its new multi-annual budget, German Chancellor Friedrich Merz cast himself as its fiercest opponent. What we are witnessing, however, is nothing more than a choreographed quarrel between allies.

Merz was the first senior European politician to officially reject the EU Commission’s mega-budget proposal. He called Brussels’ ambitions “unacceptable” and ended with the classic political platitude that one must make do with the resources at hand. The same man, however, presides over a debt-driven government in Berlin — so does the maxim apply to himself?

The Commission’s proposal outlines €1.816 trillion in spending between 2028 and 2034 — an increase of an astounding €750 billion.

Diversionary Tactics and Strategic Intent

What we are watching is a staged performance — a well-worn ritual designed for public consumption. The declared goal of European elites is to crown Brussels with full tax sovereignty and expand the EU’s central body into a gravitational hub of geopolitical power. The endgame is a government of governments — a supranational mega-structure.

But to achieve this, public approval must be secured. Let’s not say “manipulated” — let’s say: shaped. So the elites serve up political theater and media distractions. The script is simple: Brussels demands the maximum. Predictable outrage follows — as from Merz — and in the end, both parties “compromise” on a figure that lets everyone save face and claim victory.

Even if Merz ends up trimming €100–200 billion off the budget, it’s likely still part of the Brussels PR playbook.

Fiscal Consolidation — Whether We Like It or Not

Over-indebted EU member states — particularly in the South — are seeking to consolidate their liabilities under the Commission’s protective umbrella. And they’ve found the ideal vehicle in the European Central Bank. With the ECB backstopping debt through ongoing interventions and yield curve control, the illusion of solvency can be maintained — at the expense of European taxpayers.

This would mark the end of a fragmented European bond market. Full integration would eliminate the last vestiges of fiscal competition between member states. From there, it’s “fire at will,” to quote the style of Germany’s SPD General Secretary.

Should Brussels succeed in enacting its unholy trinity — debt consolidation, its own tax sovereignty via CO₂ levies and corporate taxes, and the introduction of a digital euro to stem capital flight — then little will remain to stop the fortress-Europe vision from materializing.

United States of Europe

Brussels believes itself close to achieving its long-sought objective. This explains the growing hostility toward national-conservative parties — the last real bulwark against the centralizers’ dream of total government. The United States of Europe is being built atop vulgar Keynesian economics, propped up by media control and narrative discipline.

At its core, it’s grotesque. With laws like the Digital Services Act and the Digital Markets Act, EU bureaucrats inadvertently confirm their fear: that their frontal assault on national autonomy and economic liberty may ultimately fail. Brussels’ policy signals are defensive — and this budget draft is a preemptive effort to shore up its crumbling authority.

The Zombie’s Arms

A quick glance at the budget confirms the diagnosis: €131 billion is earmarked for European military projects. That’s a fivefold increase — and it comes on top of massive national military expansions. The EU’s central body, finding itself in the early stages of a fiscal crisis, is now retreating into militarism.

Media-fueled Putin panic serves as the justification to activate this new limb of the artificial euro economy.

The other limb — the so-called Green Deal – is kept alive by another €700 billion in subsidies. Thirty percent of the entire EU budget will now rotate the subsidy machine, pumping debt-financed money into the carbon-neutral, biodiversity-friendly fantasies of anemic euro-zone planners.

It’s bizarre. While the Commission tries to weave the Green Deal into mainstream media narratives, environmental groups reflexively attack the budget draft as strategically incoherent. Predictably, subsidies can never satisfy society’s growing dependency on the sweet drug of “free” money. EU-Europe has become the dealer — injecting that drug into the continent with no regard for social or economic consequences.

The entire debate is detached from economic reality. It’s as if Brussels is trying to drown all criticism in cheap money — and buy NGO support with state funding. Unless opponents of euro-centralism finally catch a tailwind, more lost years lie ahead. Especially alarming: the creeping militarization — in both rhetoric and policy.

That the left remains largely silent about this marks a significant political shift. Party competition has been replaced by a cartel of interests.

Militarism as Endgame

Historically, militarization is often a symptom of regimes entering their terminal phase — a sign they’ve lost internal control. The Brussels offensive is not a show of strength, but a confession of weakness: the EU construct is cracking. Its facade of unity is held together only by floods of credit and increasing repression of dissent.

The militarist push not only signals a new arms race — it ushers in a post-democratic EU. National interests are sacrificed — in energy, migration, and fiscal sovereignty. The political price: simmering discontent, rising anti-system sentiment, and a collapse of trust in institutions.

The staged budget clash continues in migration policy — where flashy deportation flights and symbolic border controls offer the illusion of responsiveness, but nothing more. Here too, Brussels’ interests and the will of the European majority diverge sharply.

Let’s be honest: Brussels, with help from its national outposts, is executing a globalist agenda. Cleaning up the aftermath will define the political and cultural future of the continent.

Tyler Durden
Sat, 07/19/2025 – 08:10

Man With Metal Neck Chain Critically Injured After Being Sucked Into MRI On Long Island

Man With Metal Neck Chain Critically Injured After Being Sucked Into MRI On Long Island

If you’ve ever thought all those “NO METAL” signs around MRI machines—on doors, walls, and even in the waiting room—seemed a little over the top, here’s your proof they’re not.

Today in Darwinism…a 61-year-old man was critically injured Wednesday after an accident involving an MRI machine at a medical facility on Long Island, according to the Nassau County Police Department.

The incident occurred around 4:30 p.m. at Nassau Open MRI in Westbury, New York. Authorities say the man entered the MRI room without authorization while the machine was operating, according to Fox 8.

Police reported that the man was wearing a large metal chain around his neck, which triggered a dangerous reaction. The powerful magnetic field of the MRI machine pulled him toward the device, resulting in a severe injury.

Fox 8 writes that the man experienced a “medical episode,” police said, and was transported to a nearby hospital in critical condition. No further details about his condition or the circumstances were immediately released.

MRI machines rely on extremely strong magnets to scan the body and produce images of soft tissues. According to the National Institute of Biomedical Imaging and Bioengineering, “The magnetic field extends beyond the machine and exerts very powerful forces on objects of iron, some steels, and other magnetizable objects; it is strong enough to fling a wheelchair across the room.”

No other injuries were reported in the incident, and the investigation is ongoing.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

A post shared by NBC New York (@nbcnewyork)

Tyler Durden
Sat, 07/19/2025 – 07:35