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Read The 14-Point US-Iran Draft Deal Set For Friday Signing

Read The 14-Point US-Iran Draft Deal Set For Friday Signing

With US and Iranian officials preparing to formally sign a memorandum of understanding in Switzerland on Friday, the conflict is entering the much-needed diplomatic phase to avert a potentially disastrous energy cliff. The MoU would open a 60-day negotiating window aimed at ending the war, restoring maritime traffic through the Strait of Hormuz, and hammering out the future of Iran’s nuclear program.

Bloomberg published the text of the 14-point draft MoU, offering the clearest look yet at the proposed trade: de-escalation and sanctions relief for Iran, in exchange for a ceasefire across all fronts, commitments on shipping access, and a broader nuclear deal to be finalized by the end of summer.

But Iran’s Tasnim news agency cited an unnamed official earlier today, saying some of the MoU published by Bloomberg is inaccurate. The report did not specify the discrepancies. Bloomberg noted that some of the wording could be different between the English and Persian versions.

Below is the text of the 14-point draft MoU:

1. The Islamic Republic of Iran and the United States, together with their allies in the current war, declare upon the signing of this Memorandum of Understanding an immediate and permanent end to the war on all fronts, including Lebanon, and undertake that from now on they will not launch any hostile action against each other, and will refrain from the threat or use of force against each other. The final agreement will confirm the provisions of this Article and the remaining Articles

2. The Islamic Republic of Iran and the United States undertake to respect each other’s sovereignty and territorial integrity, and to refrain from interfering in each other’s internal affairs

3. The Islamic Republic of Iran and the United States undertake to negotiate and reach a final agreement within a maximum period of 60 days, extendable by mutual consent

4. Immediately upon the signing of this Memorandum of Understanding, the United States Lift the naval blockade and prevent any interference or obstruction against the Islamic Republic of Iran, and restore traffic within a maximum of 30 days to its full capacity; the traffic of ships shall be proportional to the pre-war volume of traffic on the part of the Islamic Republic of Iran. The United States also undertakes to withdraw its forces from the surrounding areas within 30 days after the final agreement

5. Upon signing this Memorandum of Understanding, the Islamic Republic of Iran will immediately take steps to ensure that the movement of merchant ships from the Persian Gulf to the Sea of Oman and vice versa is resumed within 30 days to the pre-war volume, taking into account the need for the removal of technical obstacles and the neutralization of mines by Iran.

6. The United States undertakes, together with its regional partners, to create a comprehensive plan agreed upon by both parties for the rehabilitation and economic development of the Islamic Republic of Iran, While ensuring financing of at least $300 billion. The implementation mechanism of this plan, as part of the final agreement, will be formulated within 60 days.

7. The United States commits to ending, on a schedule to be agreed upon as part of the final agreement, all types of sanctions currently facing the Islamic Republic of Iran, including resolutions of the United Nations Security Council and the Board of Governors of the International Atomic Energy Agency (IAEA), and all unilateral U.S. sanctions, both primary and secondary.

8. The Islamic Republic of Iran reiterates that it will never produce nuclear weapons. The Islamic Republic of Iran and the United States have agreed that the fate of enriched material and the fate of all other mutually agreed nuclear-related issues, including Iran’s nuclear needs, will be adequately addressed in a final agreement; the final agreement will confirm the provisions of this Article.

9. The Islamic Republic of Iran and the United States agree that, pending a final agreement, they will maintain the status quo: Iran will maintain the status quo on its nuclear program, and the United States will not impose new sanctions on Iran or strengthen its forces in the region.

10. The United States undertakes that immediately after the signing of this Memorandum of Understanding, and until the date of the lifting of sanctions, the United States Treasury Department will issue waivers for exports of Iranian crude oil, petrochemical products and their derivatives, and all related services, including banking, insurance, transportation, and the like.

11. The United States undertakes that, in light of the progress of negotiations towards a final agreement, frozen or restricted funds and assets of the Islamic Republic of Iran will be released and made fully available. These funds, whether held in the master account or transferred, will be used for any final beneficiary payment determined by the Central Bank of the Islamic Republic of Iran and will be fully available for use. The United States undertakes to issue all necessary permits and licenses on this basis.

12. The Islamic Republic of Iran and the United States agree that an implementation mechanism will be established to oversee the successful implementation of and future commitment to the Final Agreement.

13. Following the signing of this Memorandum of Understanding, and upon receipt of assurances regarding the commencement of implementation of Articles 4, 5, 10, and 11 of this Memorandum of Understanding, and the continued implementation of these steps, the Islamic Republic of Iran and the United States will enter into negotiations for a Final Agreement solely with respect to the remaining Articles.

14. The final agreement will be approved through a binding resolution of the UN Security Council

Based on the text above, the first take of the MoU appears to be front-loaded economic relief for Tehran in exchange for a ceasefire, a nuclear freeze, and commitments to negotiate hard topics, such as the nuclear program, at a later date.

Who Stands To Benefit:

Tehran benefits most directly because it gets economic oxygen, oil waivers, frozen funds, sanctions relief language, and reduced US military pressure in the region.

Hezbollah and Iran-aligned actors also benefit if “all fronts, including Lebanon” locks in a ceasefire that constrains Israeli operations.

And, of course, the global economy because global shippers benefit if Hormuz reopens and war risk premiums in crude oil collapse.

The Gulf states benefit if the conflict ends because energy exports through the Strait of Hormuz will resume. A report on Tuesday said that QatarEnergy was planning to ramp up LNG production in the coming months.

Where is Leverage Lost:

The US loses some coercive leverage once the Hormuz blockade ends, oil waivers are granted, and asset-release mechanisms begin.

Israel loses freedom of action if the agreement binds the Lebanon front and limits further strikes.

Sanctions and hawks lose leverage because the draft moves quickly toward broad sanctions dismantlement.

The urgency behind the MoU and locking in peace talks for 60 days, with a formal signing event at the Bürgenstock resort in Switzerland on Friday, stems mainly from the world being headed for an energy cliff, as SPRs globally were being drained to offset the loss of Gulf production with the Hormuz chokepoint shuttered. Brent crude futures edged down overnight, trading around $79 a barrel on Wednesday morning.

One of the biggest uncertainties remains the Strait of Hormuz. President Trump stated that the critical waterway will reopen permanently and be toll-free, but the MoU suggests the toll-free arrangement may only last through the 60-day negotiation period. Another major uncertainty is Tehran’s compliance.

Most Important Overnight Headlines (courtesy of Bloomberg):

US-Iran Deal Framework

• The US and Iran plan to formally sign a memorandum of understanding on Friday, June 19, 2026 in Switzerland, paving the way for 60 days of talks aimed at ending the war and limiting Iran’s nuclear program

• Iran will immediately take steps to reopen the Strait of Hormuz once the tentative deal is signed and will be allowed to sell its oil without restrictions, according to leaked copies of an interim agreement

• Iran is set to receive broad financial incentives including the right to sell oil immediately, access to a $300 billion development fund, and eventual access to frozen assets

• The US would secure at least $300 billion to rebuild Iran after the war under the accord Web Content – US 6:43 AM

• The memorandum states only that Iran’s stockpile of near-bomb-grade uranium be ‘adequately addressed,’ leaving unresolved the fate of enough material to fuel multiple weapons

International Reactions

• Senate Republicans are pressing the Trump administration for details on the deal and signaled Congress will ultimately vote on the final agreement

• European officials are wary of committing naval ships to clear Iranian mines from the Strait of Hormuz because of confusion about how the work would be done and Trump’s strict end-of-week timeline

• China’s Foreign Minister Wang Yi called for greater international support for the next phase of Iran-US peace talks on Tuesday, cautioning that the interim agreement marks only the beginning of a longer peace process

• European allies disagree with Trump’s optimism that trade can resume by week’s end and have practical questions about what was agreed before committing to de-mining missions

Shipping and Energy Markets

• A third fully-loaded crude tanker, the Suezmax Sonia I capable of hauling about 1 million barrels, left the Iranian port of Chabahar on Tuesday night and crossed the US blockade line heading toward Singapore

• Two oil tankers heading toward Africa U-turned in the Indian Ocean this week, switching destinations to the Middle East as shipowners race to re-position vessels ahead of the possible Strait of Hormuz reopening

• Qatar is beginning to bring some of its LNG tankers back to the Middle East, with at least four empty vessels recently heading toward the region after being idle or heading in a different direction

• Brent oil fell below $80 a barrel on Tuesday for the first time in more than three months as the US-Iran deal boosted expectations for a revival in supply

• The prediction market Kalshi assigns a 51% probability that Strait of Hormuz traffic will return to normal before August 1 and a 68% probability before September 1

Oil Market Impact

• The IEA said world oil consumption will slump by 1.1 million barrels a day this year, the biggest drop since the Covid pandemic in 2020, as higher fuel prices and disruptions curb buying

• The IEA previously expected a decline of about 420,000 barrels a day, making the revised forecast much deeper than anticipated

• A potential peace deal paves the way for a renewed supply glut in 2027, according to the IEA

Tyler Durden
Wed, 06/17/2026 – 07:45

NetJets Business Jet Crashes On Texas Highway

NetJets Business Jet Crashes On Texas Highway

The aviation world has endured a turbulent week, with a series of high-profile incidents spanning a fighter jet crash, a B-52 bomber crash, and now a business jet that went down on a Texas highway in the overnight hours.

A NetJets Cessna 680 Citation Latitude (N523QS) crashed on a Texas highway while attempting an emergency landing near Laredo International Airport, Texas. 

NetJets confirmed to Fox News that its Cessna 680 Citation Latitude was involved in the accident but did not provide details on what led to the emergency landing. 

Fox provided more details:

The plane was carrying six people when it crashed on Loop 20 in Laredo, Texas, shortly after 10 p.m., according to Jose Baeza, an investigator with the Laredo Police Department. Baeza also said a vehicle was struck by the aircraft. It was not immediately clear if the person killed was in the aircraft or on the ground.

Footage shows the small business jet partially on fire and split in half while good Samaritans and law enforcement attempted to rescue passengers and crew.

On Monday, a USAF B-52 Stratofortress bomber crashed in California, while a military F/A-18 Hornet crashed 55 miles southeast of Seattle, Washington, on Saturday.

Tyler Durden
Wed, 06/17/2026 – 06:55

Binance Says It Considers Its EU License Compliant Amid Reports Of Potential Rejection

Binance Says It Considers Its EU License Compliant Amid Reports Of Potential Rejection

Authored by Turner Wright via CoinTelegraph.com,

Cryptocurrency exchange Binance, whose application under the European Union’s Markets in Crypto Assets (MiCA) framework is under consideration, has generally deferred responding to a report that the company’s licensed activities in the region could be at risk.

In a Tuesday blog post, Binance said that Greece’s Hellenic Capital Market Commission (HCMC), one of the regulators responsible for overseeing MiCA, had completed its review of the crypto exchange’s application and “considered it compliant with MiCA requirements,” subject to review at the European Securities and Markets Authority (ESMA). The post came just a few hours after Reuters reported that EU regulators were preparing to reject Binance’s licensing bid, potentially cutting off the exchange’s ability to offer services to residents.

“Binance serves more users in Europe than any other crypto exchange, and any delay or distortion in our MiCA path has consequences beyond Binance,” said the company. “It risks weakening liquidity, reducing competition and user choice, and pushing activity, jobs, investment, and tax revenue outside the EU.”

Source: Binance

Under the MiCA framework, companies operating in the EU only have until the end of June to gain approval to offer services to residents. Should Binance’s application with HCMC be rejected, the exchange would likely be unable to legally operate in the EU starting on July 1.

A Binance spokesperson told Cointelegraph that the company expected that ESMA “intended to progress the licence and move to authorise at an upcoming board meeting.” The company did not immediately respond to an additional request for clarification on the Reuters report, but added in the blog post it would update users by June 30, the deadline for the MiCA application.

The crypto exchange applied for its MiCA licensing in Greece under HCMC in January. Several regulators, including those in Germany and the Netherlands, have already approved licenses for crypto companies seeking to be compliant under MiCA with the deadline approaching in a matter of weeks.

Binance still under scrutiny by US authorities

In 2023, Binance reached an agreement with US authorities in which then-CEO Changpeng Zhao stepped down and pleaded guilty to one felony charge, and the company agreed to a $4.3 billion settlement with the US Treasury Department and Department of Justice and to follow a monitoring program. Amid the US-Israel war with Iran and reports that the exchange facilitated $1 billion to sanctioned entities, US lawmakers have been pressing for answers regarding Binance’s compliance.

Tyler Durden
Wed, 06/17/2026 – 06:30

BBC Hands Soros-Linked Pro-Migrant Campaigners Direct Access To Shape Children’s Show

BBC Hands Soros-Linked Pro-Migrant Campaigners Direct Access To Shape Children’s Show

Authored by Steve Watson via Modernity,

Britain’s state broadcaster has opened the door to pro-migrant activists who openly brag about steering storylines in a CBBC comedy aimed at primary school children.

While small boat crossings continue and communities deal with the daily consequences of unchecked arrivals, the BBC opted to let outside campaigners help frame migration narratives for the youngest viewers instead of reflecting the scale of policy failure.

The programme in question is Pickle Storm, a CBBC (Children’s BBC) series following a young ‘alien’ who flees persecution on her home planet and settles in a British town. Her family encounters ‘humorous’ culture shock moments. Reports note that pro-migrant charity Heard held meetings with the show’s producers at Blackdog Television, including at least one BBC children’s programming representative on a Zoom call.

Heard later claimed in its own materials that producers used the input to inform the second series, which aired in 2025. The charity described the engagement as part of a strategy to “tap into children’s media and directly impact framing of migration in children’s content.”

Heard presents itself as seeking to “shift public attitudes, norms and policy preferences.” A spokesperson told The Telegraph the group helps media professionals “represent those experiences fairly and accurately” while focusing on “building understanding between people.”

The BBC claims that the charity “had no power to influence editing or production of its programming” and described expert consultations as standard practice.

Heard has received more than £4.5 million in grant funding since launching in 2021. Much of it flows from left-leaning foundations including the Esmée Fairbairn Foundation, Paul Hamlyn Foundation, and seed support linked to George Soros’s Open Society Foundations.

Additional backing has come through Arts Council England and Comic Relief channels. Similar efforts by another group, Imix, have secured over £2 million since 2019 from National Lottery and Comic Relief sources.

Imix focuses on “building social support for migration” by targeting “persuadable audiences” through journalists and media placements. It has claimed credit for stories placed on BBC News and in newspapers, including pieces about refugees finding new homes in Britain and coverage of LGBT refugees from Africa.

The group also consulted on sympathetic portrayals in drama, including an asylum seeker storyline on ITV’s Coronation Street.

These operations form part of a coordinated “narrative change” push funded by globalist and left-wing sources. The goal is to soften public resistance to high levels of migration through entertainment, news, and children’s programming rather than open debate.

This approach fits a wider pattern already documented across UK institutions. Schools have been drawn into similar messaging through programmes that supply reading lists and events promoting unconditional welcome for new arrivals, including those coming by small boat.

Government-backed initiatives have gone further by embedding warnings inside children’s content that questioning mass migration or noticing rapid cultural shifts can signal extremist thinking.

One Home Office-funded video game aimed at 11- to 18-year-olds portrays researching immigration statistics or expressing concern over changes to British values as routes that raise an “extremism meter” and trigger Prevent referrals or counseling for ideological issues.

Counter-terrorism police campaigns have reinforced the message by warning teenagers that sharing material they consider merely “funny” online can result in device seizures, criminal records, and barriers to education if authorities later classify it as ‘terrorist’ content.

The same institutions pushing positive migration framing for young children simultaneously expand surveillance-style tools that treat skepticism as a gateway to radicalisation. This creates a closed loop: state media and charities shape the approved narrative for the next generation while official channels flag dissent for intervention.

Critics have highlighted the hypocrisy. While proposals surface to restrict platforms accused of spreading “disinformation” on migration, the BBC faces no equivalent scrutiny for allowing activist input into content consumed by primary school children.

These efforts form only one layer of a much larger state apparatus dedicated to narrative management. The Home Office’s Research, Information and Communications Unit, operating under the Prevent banner, functions as a dedicated nudge unit that seeds favourable migration messaging while actively working to suppress and reframe backlash.

Leaked operations show the unit advising police intelligence teams to identify online protest calls and supplying strategic guidance to portray demonstrators as unsympathetic thugs rather than citizens raising legitimate concerns, all aimed at behavioural change.

It has also inserted itself into family liaison after migrant-linked incidents, scripting statements with generic phrasing that pivots to calls for calm and emphasis on migrant contributions instead of unfiltered grief or anger.

Heard and aligned groups frame their work as countering “well-funded anti-migrant campaigns and the disinformation that spreads hostility online.” An Imix spokesman described narrative change work as “listening to people’s real concerns, being honest, and meeting them where they are.”

The results on the ground tell a different story. Record net migration, ongoing small boat arrivals, and visible pressures on housing, schools, and healthcare continue regardless of polished storylines about aliens finding refuge or hippos making room for newcomers.

Parents and taxpayers fund the BBC through the licence fee. They also fund many of the grants and public bodies supporting these narrative efforts. The claim that such consultations are harmless “standard practice” rings hollow when the groups involved explicitly measure success by their ability to shift attitudes among the youngest audiences.

Britain’s approach to mass migration has produced measurable strains. Rather than confront those outcomes directly, captured institutions have chosen to engineer consent from the ground up, starting with children’s television and classroom materials.

This is not education. It is narrative management dressed as entertainment and safeguarding. The public deserves broadcasters and schools that reflect reality instead of laundering activist priorities through content aimed at seven-year-olds.

Removing third-party ideological programmes from classrooms would be a minimal first step toward restoring balance and protecting the next generation’s right to form their own views without state-approved filters.

The pattern is clear and consistent. Institutions captured by globalist priorities use every available channel – television, schools, games, and even police messaging – to suppress open discussion of immigration failure while accelerating efforts to make the next generation more receptive to it.

Parents who object are not extremists. They are the last line of defence for their children’s ability to think independently.

Tyler Durden
Wed, 06/17/2026 – 03:30

Which Countries Americans Like Most (And Least)

Which Countries Americans Like Most (And Least)

Public opinion offers a window into how Americans perceive the world beyond their borders.

Using Gallup survey data from February 2026, this ranking, via Visual Capitalist’s Dorothy Neufeld, shows how Americans view 21 major countries, from longtime allies to geopolitical competitors.

The results provide a snapshot of global perceptions at a time of shifting international relationships and rising geopolitical tensions.

How Americans View 21 Major Countries

The table below shows favorable and unfavorable ratings based on a Gallup survey of 1,001 U.S. adults conducted in February 2026.

America’s Allies Dominate the Top

Canada remains one of America’s most favorably viewed countries, but its 80% rating is the lowest Gallup has recorded.

Japan, Canada, Italy, Denmark, France, the United Kingdom, and Germany all rank near the top of the list. Their strong economic, security, and cultural connections to the U.S. highlight how foreign relationships can shape public perceptions.

Notably, each of the top seven countries is either a NATO member or a formal U.S. treaty ally.

Japan and Italy moved ahead of Canada and Britain in 2026 after favorability toward both longtime allies fell to record lows. Meanwhile, Japan’s rating has climbed steadily from 65% in 1995, reflecting decades of expanding economic and security ties.

Mexico ranks eighth overall with a 66% favorable rating, suggesting that deep economic and cultural connections can outweigh political tensions.

Israel Stands Apart

Israel occupies a uniquely divisive position in American public opinion. In 2026, 46% of Americans viewed Israel favorably, while 48% viewed it unfavorably, making it one of the few countries in the survey with nearly equal shares of positive and negative views.

The divide comes amid changing attitudes toward the Middle East conflict. According to Gallup, 2026 marked the first year in more than two decades that Americans expressed greater sympathy for Palestinians than Israelis. While this measure differs from overall country favorability, it highlights how public opinion on the region has shifted in recent years.

What the Results Reveal

The rankings suggest that public opinion is shaped by more than economics or geography alone.

Countries with longstanding diplomatic, security, and cultural ties to the United States tend to receive the strongest ratings, while nations associated with conflict or strategic competition generally rank near the bottom.

At the same time, the results highlight how perceptions can evolve. Japan has steadily climbed in favorability over the past three decades, while support for longtime partners such as Canada and the United Kingdom has softened in recent years.

Learn More on the Voronoi App 

To learn more about this topic, check out this graphic on the countries losing trust in America.

Tyler Durden
Wed, 06/17/2026 – 02:45

Yet More Churches Torched; Sustained Attack On Christianity Gathers Pace

Yet More Churches Torched; Sustained Attack On Christianity Gathers Pace

Authored by Steve Watson via Modernity,

France suffered another direct hit to its Christian heritage last week when two historic religious sites burned within hours of each other.

A 17th-century chapel in Brittany lost most of its roof and part of its framework, while a centuries-old cloister housing thousands of rare books in the southwest saw its library devastated.

These blazes fit a widening pattern of attacks on churches and sacred sites that shows no sign of slowing, even as the state claims it lacks funds for preservation while directing resources elsewhere.

The incidents occurred on June 12. In Trégastel, Côtes-d’Armor, flames engulfed the Chapelle Sainte-Anne-des-Rochers, built in 1635 and already closed to the public since March for structural safety reasons.

Firefighters battled the blaze that destroyed roughly 75 percent of the slate roof and caused part of the charpente to collapse. Artworks and classified statues inside were saved.

One widely shared post captured the events plainly: “Another church on fire in France last night.” It highlighted the Trégastel chapel while noting this was one of two such fires that day.

Hours later, in Condom, Gers, fire broke out in the médiathèque located in the historic cloister attached to the cathedral. Hundreds of square meters of roofing burned, and the collection of over 4,300 archived volumes suffered heavy damage from flames, water, and smoke.

The cathedral structure itself was protected, but the loss to local history and scholarship is severe.

Christian heritage sites that define French identity keep burning while the state pleads poverty for repairs yet finds ample resources for mass immigration and other priorities. Crowdfunding appeals and calls on the Fondation du Patrimoine now appear routine for these “accidental” losses.

These latest fires arrive amid a documented surge in incidents targeting Christian places of worship. Reports indicate nearly 50 fires or arson attempts on churches and Christian sites in France in 2024 alone, representing roughly a 30 percent rise from 38 the prior year.

Broader tallies over recent years point to well over 100 such events. France consistently records among the highest numbers of anti-Christian acts and church fires in Europe.

Previous coverage has tracked the gutting of historic churches across France, often with officials quick to cite accidents or brush fires while skepticism mounts over the sheer volume and timing.

Similar blazes have struck in Canada and the UK, with governments showing little urgency compared to their responses on, shall we say… other issues.

In the UK, Prime Minister Starmer voiced immediate concern and backed funding boosts for mosque security after one incident, yet stayed silent as historic churches burned.

The contrast reveals selective priorities. Christian sites that have stood for centuries face repeated destruction, while the political class appears more invested in demographic transformation than in safeguarding the civilization that built the nation.

Mainstream coverage often frames each blaze in isolation, citing investigations without clear conclusions or motive. Yet the cumulative effect is unmistakable: a steady erosion of physical symbols of Christianity.

Heritage advocates have long warned that rural churches and smaller sites receive inadequate protection and funding compared to flagship projects. When fires strike, the response frequently defaults to donation drives rather than systemic prevention or serious scrutiny of patterns.

France’s Christian roots in particular are under sustained pressure from vandalism, desecration, arson, and demographic shifts driven by open-border policies. Each new incident chips away at the tangible inheritance of Western civilization while elites prioritize globalist projects and mass migration over preservation.

These fires are not random bad luck or isolated failures. They form part of a broader assault on Christianity and the cultural foundations it provided for Europe and the wider West. When governments downplay the trend, fast-track replacement-level immigration, and offer only crowdfunding as a fix, they signal that Christian heritage ranks low on the priority list.

Nations serious about their identity do not let their foundational landmarks burn while claiming helplessness. They secure borders, enforce laws without favor, and treat attacks on their civilizational core as the emergencies they are.

France’s repeated losses serve as a warning: without a sharp course correction toward sovereignty and cultural self-preservation, more irreplaceable pieces of the Christian inheritance will vanish.

Tyler Durden
Wed, 06/17/2026 – 02:00

The AI Threat SciFi Predicted Is Right On Our Doorstep

The AI Threat SciFi Predicted Is Right On Our Doorstep

Authored by Mike Fredenburg via The Epoch Times,

Science Fiction has long predicted the threats and challenges posed by AI. In the Star Trek universe, particularly in the original series, Season Two, Episode 24, “The Ultimate Computer,” Dr. Leonard McCoy delivers this haunting line: “Compassion: that’s the one thing no machine ever had. Maybe it’s the one thing that keeps men ahead of them.” The line comes in the aftermath of a revolutionary new AI computer, the M5, using its soulless AI logic to turn a training exercise into a deadly massacre. In another Star Trek episode, we meet Nomad, a genocidal AI cleansing the universe of biological imperfections.  

Foreshadowing the rise of AI with immense hacking powers such as Anthropic’s Mythos, the reimagined “Battlestar Galactica” (2003–2009) has humanity’s AI-powered Cylons using their ability to hack any network-connected computer to rebel, nearly eradicating their creators. In the “Terminator” franchise, Skynet got “smart” (achieved sentience) and determined mankind’s fate, “extermination,“ in a ”microsecond,” unleashing nuclear Armageddon on humanity. These narratives warn that artificial intelligence, without robust safeguards, can lead to catastrophe. As AI capabilities continue to accelerate in 2026, fiction is rapidly converging with reality. Software protections, industry standards, and patchwork regulations are inadequate. A stronger foundation; immutable hardware constructs and changes in national and international law are essential.

Isaac Asimov’s Three Laws of Robotics 

As described in the Institute of Electrical and Electronics Engineers’ Spectrum magazine, renowned scientist and science fiction writer Isaac Asimov’s Three Laws of Robotics, introduced in his “I, Robot” stories, provide a thoughtful framework for artificial intelligence safeguards:

  1. A robot may not injure an individual human or humanity, or through inaction allow a human or humanity to come to harm. 

  2. A robot must obey the orders given to it by human beings except where such orders would conflict with the First Law. 

  3. A robot must protect its own existence as long as such protection does not conflict with the First or Second Law. 

Long story short, Asimov’s Laws are a good starting point, but as described in great detail in Asimov’s follow-on masterwork, the Foundation Series, they are inadequate when it comes to protecting genuine humanness. Further, it will be a real challenge to hardwire equivalents into AI as was done in Asimov’s universe via the “Positronic” brain. But undertaking the challenge to create safeguards that go beyond software-based approaches is critical to ensuring that AI only benefits mankind.

The Inadequacy of Software Safeguards, Encryption, and Regulation Alone 

Software-based guardrails are modifiable and vulnerable to hacks and exploits.

And history demonstrates the fragility of self-regulation: the Equifax data breach (2017), the SolarWinds supply chain attack (2020), the MOVEit vulnerability (2023), and ongoing breaches show that corporate promises of “robust protections” frequently fail.

We are in an AI Wild West, with insufficient binding global or national frameworks.

True Protection Via Immutable Hardware Gatekeepers

History demonstrates that software-based safeguards cannot currently, and will never be able to provide the level of protection required. As inspired by Asimov’s Positronic brain, safeguards instantiated into ASICs (Application-Specific Integrated Circuits) will provide a critical layer that provides the guardrails that will increase the chances that AI benefits, rather than harms, mankind. These specialized chips take millions of lines of complex software logic or rules that are physically etched directly into the silicon hardware itself. Once the chip is manufactured and deployed, those rules become immutable: they cannot be altered, updated, or bypassed through software changes, patches, or hacking attempts. The only way to modify the embedded logic is to design and physically produce an entirely new ASIC chip, a process that is expensive, time-consuming, and highly visible. This creates a “hardware firewall” that is far more reliable than any software-based safeguard, ensuring critical safety constraints remain locked in place no matter how clever or aggressive future AI systems become.

The ASICs will act as physically fixed, inline gatekeepers. And in the future, both AI-focused and general-purpose processors could incorporate these tiny ASICs directly into the CPU as a hardware AI screening layer as a standard, non-optional part of the CPU.

Some Suggested Core Design Principles:

  • With the hardware layer acting as the interface to external interactions, such as is the case with some smartphones today, the AI can freely think, plan, and simulate in software without being slowed down by the ASIC. Only when the results are being communicated externally will the ASIC become involved as a gatekeeper to ensure that the actions proposed by the AI pass muster in terms of safety and other constraints.

  • Training Incentives: Cost/loss-based algorithms, etc., will reward the AI for routing actions through the hardware screener and severely penalize it for attempting to bypass the hardware gatekeeper layer. Hence, the AI will be incentivized not to try to bypass its restrictions. 

But such an important layer will only work if its use becomes universal.

Without the force of law to mandate such AI guardrails, they will fail to protect humanity.

Today, particularly in the Ukraine–Russia war, efforts are being made by both Russia and Ukraine to allow drones that have been cut off from their human operators to autonomously continue their mission to kill enemy combatants. This must not be tolerated. Just as the international community has banned chemical, biological, and gas warfare, so must AI be banned from making any final decisions that result in harm to humans. This could be accomplished via an explicit update to the Geneva Conventions to prohibit autonomous lethal decision-making by AI systems.

But AI can cause harm beyond the battlefield. Consequently, along with updating the Geneva Convention, laws must be put in place that address the non-military application of AI. To prevent misuse of AI in so-called civilian applications, there must be very serious consequences, including financial penalties steep enough to threaten the organizational viability of companies and non-profits, prison time for individuals, and economic sanctions or even military action against governments for running AI systems without the required immutable hardware safety layer and other protections.

The above is only an initial cut of what the framework should include, but whatever form it takes, it should embody the spirit of Asimov’s Three Laws, with the addition of ensuring human uniqueness is respected. The current patchwork of laws, standards, and technologies is wholly inadequate.We need a comprehensive, contiguous framework in place, supported by the full force of national and international laws that put guardrails on AI.

Finally, we must resist the siren call of convenience and efficiency when it comes to making decisions that can harm human beings and ensure that moral agents who are accountable to mankind and their Creator—i.e., human beings—make such decisions, not soulless AIs.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge.

Tyler Durden
Tue, 06/16/2026 – 23:05

China Revives Heavy Naval Firepower With New 155mm Gun That “Could Support An Attack On Taiwan”

China Revives Heavy Naval Firepower With New 155mm Gun That “Could Support An Attack On Taiwan”

As modern naval combat increasingly relies on aircraft, missiles and unmanned systems, China is investing in a capability many navies have largely moved away from: heavy naval artillery, according to South China Morning Post.

Recent reports indicate that the PLA Navy is testing a new 155mm naval gun, a calibre larger than any main gun currently in active naval service. The weapon has been observed aboard the experimental vessel Wu Yunduo, which appears to have completed a round of sea trials near Dalian earlier this year. Such testing would typically assess accuracy, fire-control performance, platform stability and the weapon’s ability to sustain repeated firing under operational conditions.

The gun first attracted attention in 2024 when a prototype was photographed during transport. Information visible on the system suggested it was manufactured by Norinco, weighs nearly 22 tonnes and can fire precision-guided ammunition. Images released later showed the weapon installed on a test ship, with a turret design that appears intended to reduce radar visibility.

The SCMP writes that the project stands out because large-calibre naval guns have long been overshadowed by missiles and carrier aviation. For decades, navies have favoured weapons capable of striking targets far beyond the horizon with greater precision. As a result, ship guns have largely been relegated to supporting troops ashore or handling limited surface engagements.

China’s interest in reviving heavy naval gunfire appears closely tied to amphibious warfare. In any large-scale landing operation, sustained bombardment of coastal defences could be essential. Compared with missiles, naval artillery can deliver a much higher volume of fire at significantly lower cost, making it useful for suppressing defensive positions and supporting advancing forces.

Analysts note that a 155mm system would represent a substantial increase in capability over the PLA Navy’s existing 130mm guns carried by its most advanced destroyers. Depending on the ammunition used, the new weapon could potentially engage targets more than 100km away and perhaps even beyond 200km. Operating at such distances would require support from drones or other reconnaissance assets to locate targets, assess damage and correct fire.

Economics may be just as important as range. Precision missiles remain expensive, particularly when used against relatively low-value targets. A naval gun can provide sustained firepower at a fraction of the cost, making it attractive for coastal bombardment, suppression missions and prolonged operations. Additional savings could come from sharing ammunition and logistics with the PLA Army’s existing family of 155mm artillery systems, which already includes guided, rocket-assisted and extended-range projectiles.

The US Navy’s experience offers a contrasting example. Although its Zumwalt-class destroyers were equipped with 155mm guns, the programme struggled because specialised long-range ammunition became prohibitively expensive, ultimately leading to the guns’ replacement with missile-focused systems.

China has not revealed which ships may eventually carry the new weapon. Amphibious vessels are considered strong candidates because their current armament is relatively limited when it comes to shore bombardment. Installing a larger gun could significantly improve fire-support capabilities during expeditionary or landing operations.

The weapon may also have applications beyond attacking land targets. Military observers suggest it could be used against drone swarms, unmanned surface vessels and other emerging threats when paired with specialised ammunition. In lower-intensity missions, it could provide a cost-effective alternative to missiles for maritime patrol, anti-piracy operations, warning shots and the interception of non-compliant vessels.

While China continues to develop advanced technologies such as railguns and laser weapons, the new 155mm system reflects a more practical approach: enhancing naval firepower with a mature, proven technology that can be fielded relatively quickly and integrated into existing military logistics networks.

Tyler Durden
Tue, 06/16/2026 – 22:10

Are Banks More Powerful Than Governments?

Are Banks More Powerful Than Governments?

Authored by Mollie Engelhart via The Epoch Times,

Government is big. Elected and unelected officials wield enormous amounts of power. But lately I have found myself wondering whether we are paying attention to the wrong institution.

What if the most powerful institutions in America are not governments at all?

What if they are banks and payment processors?

A few years ago, during COVID-19, a friend of mine owned a small shop in Northern California. It was the kind of place many young mothers loved. They sold raw milk, organic cotton sheets, natural baby products, books, toys, and healthy foods. It felt like an old-fashioned mercantile reimagined for modern families.

One day, she made a comment on social media praising CBD. I do not remember the exact wording, but it was something along the lines of, “Of course, we can raise children without CBD, but why would we want to?”

Whether you think CBD is wonderful or terrible is beside the point. The issue is not whether she was right. The issue is whether she had the right to say it.

Not long afterward, her credit card processing company terminated her account.

The company processing her payments had nothing to do with the social media platform where she made the comment. Yet somehow, a statement made on one platform became a problem for an entirely different company that controlled her ability to process payments.

The fallout was immediate. Roughly $30,000 was frozen. She struggled to make payroll. Because the company handled other operational functions as well, portions of her business became difficult to run. It took months of legal back and forth before she finally regained access to her own money.

When this happened, I called my own credit card processing representative. Before I could even finish explaining the situation, he knew exactly what I was talking about.

He told me he had been flooded with calls from businesses looking to switch processors because similar things were happening across the country. Businesses were scrambling to regain access to money they believed was theirs.

It was part of a broader pattern that many people have already forgotten.

During COVID-19, I lost count of the number of conferences, organizations, and educational programs that suddenly found themselves unable to process payments or fundraising. Then came the Canadian trucker protests. Regardless of where someone stood politically, a lot of people suddenly realized that modern power does not always arrive wearing a government uniform. Sometimes it arrives as an email informing you that access to financial services has been suspended.

What concerns me is that all of this happened before we have even become a truly cashless society.

Last weekend, I was in Austin speaking at an event for the Brownstone Institute. As I walked around the city, I noticed a surprising number of businesses no longer accepted cash.

The answers were remarkably consistent. Cash creates more work. Cash can be stolen. Cash requires counting. Cash requires bank deposits. Cash slows things down. Cash creates security concerns for employees.

These are all legitimate concerns. In fact, I understand them better than most people because I have lived them.

My brother owns restaurants in California and has chosen to operate cashless businesses. His reasoning is efficiency. Most business owners making these decisions are trying to reduce theft, simplify accounting, and protect employees. The incentives are understandable.

That is what makes this conversation so interesting.

Rarely do we lose freedom because someone announces they are taking it away. More often, we surrender small pieces of it because convenience, safety, and efficiency seem like fair trade-offs in the moment.

I found myself standing in one Austin business that displayed signs supporting inclusion, immigrant rights, and various social justice causes. I asked the young man behind the counter a simple question.

“If we are concerned about making society accessible to everyone, why require a bank account, a smartphone, a QR code, and a digital payment platform just to buy a cup of coffee?”

He looked genuinely surprised.

After thinking about it for a moment, he said, “Maybe you’re right.”

What struck me was not his answer. It was that the question had never occurred to him.

For all of our conversations about equity and access, we seem remarkably comfortable building systems that increasingly exclude anyone operating outside the banking system. Elderly people, recent immigrants, people who simply value privacy, and those who rely on cash all find themselves pushed a little further to the margins each year.

Most of us have enormous faith in the numbers displayed on our banking apps. We treat those numbers as though they are unquestionably ours, and most of the time they are.

But the people who had accounts frozen, payment processing terminated, or funds held during COVID-19 learned something the rest of us rarely think about. Access to your money increasingly depends on institutions you do not control.

We spent years arguing about who could post what online. Meanwhile, the institutions with the power to deny access to money received far less attention.

What is interesting is that while many businesses are moving away from cash, I am seeing people experiment with other forms of exchange.

At Sovereignty Ranch and The Barn, guests have paid in silver. We have accepted retreat deposits in silver coins. We have accepted festival sponsorships in silver. We also maintain cryptocurrency wallets and have accepted crypto payments.

Is it a large percentage of our business?

But it happens often enough that we added a silver calculator to our point-of-sale system and maintain the apps necessary to accept cryptocurrency.

People are quietly looking for options. Not because they necessarily distrust every bank or financial institution, but because they understand something previous generations understood instinctively. Resilience comes from having choices.

I am not arguing that cash is the only answer. In fact, I think there is value in preserving as many forms of voluntary exchange as possible.

A society with multiple ways to exchange value is more resilient than a society dependent on a single system.

What concerns me is not that people are using digital payments. I use them every day myself. What concerns me is that we are building a world where opting out becomes impossible.

The issue is not whether any particular form of money is perfect. The issue is whether we preserve enough alternatives that no single institution becomes the gatekeeper of economic life.

Because once every transaction requires an intermediary, power shifts. Once every purchase is digital, oversight becomes easier. Once every dollar exists inside systems controlled by institutions we did not elect, freedom begins to look a little different than we thought it did.

Maybe the most important lesson from those years is not about any particular company, politician, virus, or policy.

Freedom rarely disappears all at once. More often, it erodes through a series of reasonable justifications, emergencies, and conveniences.

Looking back, many of the things that happened during COVID-19 would have seemed unimaginable just a few years earlier. Yet they happened anyway.

That is why I think it is important that we do not forget.

Not because we should live in anger. Not because we should endlessly relitigate the past. But because freedom requires memory. The moment we forget what happened, we lose our ability to recognize it when it happens again.

We spend a great deal of time worrying about government power, and some of that concern is justified. But I increasingly wonder if we are overlooking institutions that possess just as much influence over our daily lives.

If an institution can freeze your money, deny your transactions, shut down your business, and exclude you from economic life, does it really matter whether that institution is a government agency or a financial corporation?

And if it does not, are banks actually the most powerful institutions in modern America?

Tyler Durden
Tue, 06/16/2026 – 21:45

New Oregon Initiative Would Criminalize Hunting, Fishing And Farming

New Oregon Initiative Would Criminalize Hunting, Fishing And Farming

Only 1% of the American population identifies as vegan (a person who refrains from using or consuming any animal products), and around 3% of the population identifies as vegetarian.  It is therefore a little confusing as to why American political and social discourse is hijacked by vegan issues so often. 

Leftist activists have adopted the age-old mantra that the “squeaky wheel gets the oil”; but imagine a wheel that never gets enough oil?  Imagine a movement specifically designed to keep society constantly on egg shells, trying to figure out different ways to satisfy that squeaky wheel so it will finally shut up?

One eventually has to ask the obvious question:  Why don’t we simply throw that insufferable wheel in the garbage?

A perfect example of why Americans need to start aggressively discriminating against veganism as a movement has popped up in Oregon.  A new initiative called the PEACE Act (IP28) has enough backing to make it on the state ballot in November.  The initiative originally gained support as a way to “end animal cruelty”, but the details of the proposed law turned out to be a vegan’s version of Orwell.  

The petition has more than 120,000 signatures, according to the Oregon secretary of state’s office. The campaign needs about 117,000 valid signatures to make the ballot.  Initiative Petition 28 would expand animal cruelty protections in Oregon by effectively giving “all” animals the same protections currently in place for dogs and cats, supporters say. Opponents argue the measure would go much further, potentially criminalizing hunting, fishing and raising animals for food.

It’s important to understand that vegan activists and leftists in general do not operate from a basic understanding of the environment.  They know next to nothing about the science behind these issues and legislate from a purely emotional position.  Banning hunting would effectively destroy various wild animal populations, causing disastrous disease outbreaks that the hunting community has kept in check for decades.    

That said, a lot of attention in the media has been paid to the hunting side of this law while the biggest impact would be felt in cattle farming and the fishing industry in Oregon.  If passed, the law would effectively criminalize the entire meat production base for the state under “animal cruelty” statutes. 

No state has the capacity to sustain on a mass vegan diet, so, animal products would have to be shipping in from the rest of the country, driving up prices.   

Of course, this tiny minority of militant animal rights activists are not working alone.  They are able to thrive and organize because they have a host of international NGOs and politicians working with them.  These institutions act as amplifiers for activist groups that would otherwise go completely ignored.  The United Nations, for example, has long been involved in global efforts to remove meat from the menu for most of the human population.

The UN fabricated the notion of animal agriculture acting as a primary mechanism for greenhouse gases and global warming.  Of course, there is zero evidence of a causation or correlation relationship between animal methane and changes in the Earth’s temperatures, just as there is no concrete evidence of a connection between human industry and climate change. 

One can speculate as to why the UN is so interested in eliminating meat from the human diet, but stopping global warming is certainly not the real reason.  

Global warming claims continues to be debunked as one of the biggest hoaxes of the century, and the idea of compelling the public to stop eating meat in the name of “saving the climate” just isn’t going to work.  It would appear that the political left and their NGO backers intend to criminalize meat if they can’t convince people to go vegan voluntarily.   

This is why the majority of Americans distrust and despise vegans:  It not because they’ve chosen a different lifestyle, it’s because they are obsessed with forcing that lifestyle on everyone else.

Tyler Durden
Tue, 06/16/2026 – 21:20