93.5 F
Chicago
Tuesday, June 30, 2026
Home Blog Page 2

Maersk Lifts Outlook As Wall Street Questions Whether Freight Tailwinds Can Last

Maersk Lifts Outlook As Wall Street Questions Whether Freight Tailwinds Can Last

A.P. Moller-Maersk shares rose in Copenhagen trading after the world’s second-largest container carrier surprised analysts by raising its full-year profit outlook, citing stronger-than-expected containerized demand, particularly across Asia. The upbeat guidance suggests the global container market has remained resilient despite earlier Hormuz-related chokepoint disruptions, with global shipping demand holding.

The Danish shipping and logistics giant now expects global container volumes to grow about 4% this year, up from its prior forecast of 2% to 4%. It also lifted guidance for EBITDA, EBIT, and free cash flow, with the new ranges coming in well above analyst expectations, as tracked by Bloomberg.

Here’s a snapshot of the full-year guidance upgrade (courtesy of Bloomberg):

  • Sees underlying Ebitda $8 billion to $10 billion, saw $4.5 billion to $7 billion, estimate $7.33 billion (Bloomberg Consensus)
  • Sees underlying Ebit $2 billion to $4 billion, saw loss $1.5 billion to $1 billion, estimate $1.42 billion

Maersk’s guidance matters because container shipping offers one of the clearest real-time reads on global demand for goods.

The stronger outlook reflects a recent surge in spot freight rates, resilient export volumes in Asian markets, and tighter effective capacity due to ongoing route disruptions. The key question for investors now is whether that momentum is strong enough to push Maersk shares back toward, or through, their 2021 highs.

Wolfe Research analyst Jacob Lacks noted:

Maersk is clearly benefitting from the recent surge in spot rates, and a key question in our minds for the stock is how long the current environment lasts. We continue to believe the recent tightness reflects at least some degree of a pull-forward and an early peak season. This is consistent with ocean freight futures which continue to show a meaningful normalization lower in ocean rates following July.

Deutsche Bank analyst Harishankar Ramamoorthy noted:

..but difficult to see rates momentum sustain over the medium-term.

We have revised our forecasts for 2026 to reflect the guidance above, but make little changes to estimates beyond 2026 (see Figure 2). Freight rates have been volatile in the past several months, given many “black swan” events, and it is difficult to argue that the current momentum in spot rates should continue structurally into the medium term. Nevertheless, as we noted in our monthly Transportation Leading Indicators note yesterday, markets are pricing in an easing in freight rates for Maersk driven by the peace deal in the Middle East (latest SCFI is still c. 140% higher than in end Feb); but they seem to be ignoring that bunker 380 has dropped c. 37% from its peak in March, now trading only 7% higher than at the end of Feb.

We have been arguing that the direction of travel for spot freight rates relative to bunker costs has been favourable for Maersk (see Figure 1), and it is indeed providing some near-term tail risk. Given the swing in EBITDA, FCF, and consequently net debt, while we haven’t changed our valuation methodology or the multiples used, our price target stands revised from DKK 12,970 to DKK 14,030. Despite the near-term tailwinds to spot rates, the situation on overcapacity in the industry warrants caution over the medium term; retain HOLD.

Bernstein analyst Alex Irving noted:

This increase follows strong demand leading to strong freight rates. We see the increase in spot rates YTD as having two components. The initial rise in spot rates following the outbreak of war in the Middle East was likely largely, if not entirely, due to additional surcharges for higher fuel costs. However, rates continued to rise even as fuel prices started to decline as Q2 went on, reflecting strength in demand. What is not yet clear to us is how much is a pull-forward of demand, ahead of further surcharges and the risk of higher tariffs in Q3, vs genuinely greater demand. Maersk has increased its volume outlook for total container trade for the year from a range of 2-4% growth, to 4% growth. By implication, the answer is some of both.

The underlying threat to industry profitability of oversupply has not gone away, and in recent days we have seen reports of further mega orders (MSC just yesterday reported to be ordering up to 20 vessels of 20,000 TEU each, for delivery from 2029). Near term, the rate environment continues to support very strong earnings at container lines.

Last week, Maersk CEO Vincent Clerc told Bloomberg: “It has been strong throughout the first half of the year, despite the war and the disruption to energy markets,” adding, “For us, the expectation is that this in all likelihood, right now looks like it’s set to continue into the rest of the

Tyler Durden
Tue, 06/30/2026 – 07:45

Can We Have Our Humans Back? Companies Rethink AI

Can We Have Our Humans Back? Companies Rethink AI

Authored by Autumn Spredemann via The Epoch Times,

The artificial intelligence revolution may not be eliminating human jobs as quickly as some feared. Rising computing costs, operational headaches, and inconsistent results are prompting some companies to change course and bring workers back.

It’s a hard lesson learned in the throes of the early AI boom, in which bold claims of big savings have enticed many businesses to downsize their staff.

Many industry professionals now say that roles requiring sound judgment, creativity, customer interaction, and quality control need to keep humans in the driver’s seat.

A Careerminds survey of 600 human resources professionals who’d made layoffs in the previous 12 months revealed that nine out of 10 companies would rethink their AI-related terminations.

Three out of four human resources professionals who took the survey confirmed that their organization sacked employees because of technological advancements that replaced roles and responsibilities.

But only 8.4 percent of the survey pool said AI delivered the promised results.

“Over the past 12 months, we have seen a noticeable uptick in companies coming to us after pausing or scaling back AI tool rollouts,” James Calloway, chief operating officer at Stealth Agents, told The Epoch Times.

Calloway’s company provides executive-level virtual assistants, an area where the cost difference between human workers and AI agents is stark.

“One e-commerce client had budgeted for an AI customer service implementation and found the licensing, integration, and ongoing prompt engineering costs were two to three times their original estimate,” he said.

“They hired two of our [human virtual assistants] instead and cut their per-ticket resolution cost by nearly 40 [percent].

“Human employees remain more cost-effective in client-facing communications that require empathy and judgment, tasks that require reading between the lines of what a customer actually needs, work involving proprietary context that cannot safely be fed into third-party AI systems, and any workflow where a mistake has real reputational or legal consequences.”

Big tech companies have also found this to be true. In April, Bryan Catanzaro, vice president of applied deep learning research at Nvidia, told Axios, “For my team, the cost of compute is far beyond the costs of the employees.”

Nickle LaMoreaux, senior vice president and chief human resources officer at IBM, argued that augmenting roles with AI is more essential to corporate growth than replacing human talent entirely, during a Wall Street Journal Leadership Institute summit in March.

LaMoreaux’s comments followed just weeks after IBM announced plans to triple its entry-level hires. When asked why so many companies aren’t taking a similar approach, he said, “It’s because they’re in this productivity mindset versus the growth mindset.”

A BCG analysis predicted that 50 percent to 55 percent of all jobs in the United States will be “reshaped” by AI within the next couple of years.

Visitors crowd an IBM exhibition stand at the 2026 Hannover Messe industrial trade fair in Hanover, Germany, on April 20, 2026. This year’s trade fair included an increased emphasis on industrial AI. Sean Gallup/Getty Images

Unforeseen Expenses

Jon Hill, CEO of The Energists, said there’s a misconception that generative AI is just “software with a subscription fee.” He has personally witnessed how AI buyer’s remorse can lead to staff rehires.

“Many of our clients aggressively pursued generative AI initiatives, thinking they would reduce labor costs,” Hill told The Epoch Times, “but we’re increasingly seeing those clients circling back to human employees after discovering the real-world costs of AI systems.”

Hill gave the example of one company that he worked with that planned to automate some of its compliance reporting and technical support. The company found that while the projected savings initially looked promising, those gains evaporated when taking into account the costs of cybersecurity, human oversight, and application programming interface usage.

The client chose to pause AI deployment because “human staff provided more predictable output at a lower long-term cost,” he said.

Hill said there are multiple costs that organizations can overlook. Cloud compute costs alone can be “a six- to seven-figure annual expense,” depending on usage, Hill said.

People visit an AI data center at SK Networks during the Mobile World Congress in Barcelona, Spain, on March 3, 2025. A February survey of human resources professionals revealed that nine out of 10 companies would rethink AI-related terminations. Manaure Quinter/AFP via Getty Images

Matt Baharav, CEO of MKB Media Solutions, told The Epoch Times that the AI content assistant his team implemented ended up being both costly and inefficient.

“Last quarter, we decided to stop utilizing an [AI] automated content assistant for our outreach pitches. We realized the software was ineffective,” Baharav told The Epoch Times.

“The company we hired and paid thousands per month charged us licensing costs, as well as had my team spend countless hours rewriting generic paragraphs created by their tool.”

In this photo illustration, a screen shows the Deepseek app in Kyiv, Ukraine, on March 31, 2026. After the rapid rise of AI implementation in industrial settings, a growing number of businesses are bringing human workers back to the workplace. Oleksii Pydsosonnii/The Epoch Times

Baharav said he learned that “a good writer is less expensive than an expensive automated content assistant” when it comes to complex communications.

“We eliminated the software altogether and transferred the funds back into hiring competent, sharp writers,” he said.

Tech spending tracker Mavvrik, in its 2025 State of AI Cost Management report, observed that 80 percent to 85 percent of companies missed their AI infrastructure forecasts by more than 25 percent, while 84 percent reported “significant gross margin erosion” because of miscalculated AI costs.

The offices of Amazon Germany’s new headquarters in Munich are pictured on April 16, 2026. The retail giant laid off 16,000 workers in January in its latest round of cuts, part of a multi-year wave of layoffs driven in part by the company’s adoption of artificial intelligence. AFP via Getty Images

Luxury Component

Marcus Mossberger, chief market strategy officer at workforce intelligence platform LYTIQS, said he believes that AI could have its own niche within the workforce, so long as it’s not a situation that would be better served by human judgment.

“HR is a great example where AI can be used to field transaction questions like ‘what is the deductible on my health insurance plan,’ but not for more intimate requests, like ‘what should I do about a co-worker who is making me uncomfortable?’” Mossberger said.

He said some companies are likely to “over-rotate” toward AI and learn a hard lesson, but he thinks that there could be bigger consequences for companies than just having to hire new talent.

“I actually believe the biggest hidden ‘expense’ associated with implementing generative AI has been the disruption of trust between employee and employer. And let’s face it, this wasn’t exactly an area of strength to begin with,” Mossberger said.

A Microsoft AI booth is shown during the AI+Expo Special Competitive Studies Project in Washington on June 2, 2025. Many companies are feeling buyer’s remorse, hiring industry insiders say, as they find that the cost of AI implementation is higher than anticipated. Madalina Kilroy/The Epoch Times

He pointed out that hard-working Americans are watching employers invest billions in AI infrastructure while laying off their co-workers and being asked to help train their own AI replacement.

“If you think these same individuals are giving you discretionary effort and taking innovative risks to improve your organization, you are badly mistaken,” Mossberger said.

He predicts that this will necessitate a need for companies to rebuild trust in their brand while training new hires. Mossberger said he thinks that many of the people laid off during the early days of the AI gold rush may refuse to come back.

The practice of a worker returning to the same company that initially laid them off has come to be known as a “boomerang employee.”

For Baharav, the decision to prioritize human talent has definitely paid off. “To date, we have actually ended up saving money,” he said.

Tyler Durden
Tue, 06/30/2026 – 07:20

Israeli Defense Chief Lashes Out At Trump Policy For Preventing Destruction Of Hezbollah

Israeli Defense Chief Lashes Out At Trump Policy For Preventing Destruction Of Hezbollah

Israeli Defense Minister Israel Katz in a talk before reporters Monday ripped the Trump administration, blaming the US for giving into Iran’s demands that a peace framework incorporate the Lebanon front.

Trump “exerted pressure” on Israeli PM Benjamin Netanyahu within several telephone calls “in the run-up to the signing of the memorandum of understanding” – and ultimately prevented Israel from disarming and destroying Hezbollah, he asserted.

Katz expressed “regret” at the US linking up Iran and Lebanon, saying: “The connection between the Iran and Lebanon fronts is an American interest; if there had been no connection between the fronts, Hezbollah would have collapsed.” 

Israeli Defense Ministry

Katz suggested the Israeli army was then forced to go to a “Plan B,” which he outlined as “pushing deeper into the ‘Yellow Line’ zone in southern Lebanon” – which extends nearly 10 kilometers into Lebanon, and mainly constitutes what the IDF currently occupies.

The Times of Israel bluntly put it as follows:

Briefing reporters, Katz claimed that had it not been for American pressure on Israel, the IDF would have caused Hezbollah’s collapse in Lebanon. He said the IDF had planned a “massive” aerial campaign that, he claimed, “would have dismantled Hezbollah,” and that the terror group was “begging the Iranians to save it.”

The defense minister blamed US President Donald Trump’s linking of the US-Iran talks with Lebanon for preventing Israel from doing so. According to Katz, when Trump “linked Iran and Lebanon,” Israel had to stop “bringing down buildings in Beirut,” but could carry out “surgical strikes” on Hezbollah in the Lebanese capital.

Katz emphasized, “I’m sorry about that linkage, but it was an American interest. They very much wanted to advance the possibility of negotiations with Iran.”

He also noted of recently strained US-Israeli relations, “when you enter into a partnership, it has advantages, but it also comes with certain constraints.”

“People should not hold their breath wondering where the next place will be from which Israel will withdraw in Lebanon, because it will not happen until Hezbollah is disarmed. We have no territorial ambitions in Lebanon, but until Hezbollah is disarmed, we will not withdraw a millimeter,” Katz added.

He also said, “When it comes to defending ourselves, there are no compromises, not in Lebanon and not in Iran.”

The defense chief then made clear that Israel is preparing to go it alone regarding Iran if need be:

“If Iran attacks, that is the third Iran war. The situation is very clear. There is no reality in which Israel will allow missile fire at its territory without responding with force. It could happen within two days. My directive to the IDF is to prepare for a blue-and-white operation in Iran.”

The “blue-and-white” label is apparent reference to taking the war to Iran, but without external Washington help. However, it’s also clear that the Iranians have in the past been able to inflict serious damage on Israel, even when it did have active and significant US military support.

The defense minister also again admitted that Israeli intelligence has had assets inside Iran all along, but that these ground elements were prevented from orchestrating full regime change in the Islamic Republic.

Tyler Durden
Tue, 06/30/2026 – 06:55

German Feminist Activist Calls For White People To Stop Having Children And Accept Refugees

German Feminist Activist Calls For White People To Stop Having Children And Accept Refugees

Via Remix News,

Germany’s Verena Brunschweiger, a self-described “radical feminist,” is promoting the slogan: “My lineage ends with me.” She says she hopes to encourage people, especially White people, to stop having children.

She claims that Western pro-natalists only want to “control women, and keep refugees out.”

The article on her views, from Australian broadcaster news.com.au, is entitled: “‘My bloodline ends with me’: Why feminist ‘childfree icon’ wants fewer ‘white babies’ and more refugees”

The report quoted her as saying: “We have a proud slogan, ‘My bloodline ends with me.’ I think this is a responsible choice.”

Brunschweiger said that Europeans are to blame for the poor quality of life in Africa, and she would invite the entire world to Europe.

“So I would take all immigrants and refugees in because we ruined the world, so to speak.”

“We produce the climate change which makes life in Africa, for instance, miserable and horrible. So of course, why not invite [them] if they want to come?”

She said that in her home country, “populist nonsense” is being promoted by the German party Alternative for Germany (AfD).

She claimed the party wants Germans to have more babies so “they can say, ‘Oh, I’m sorry, dear refugees, go back and drown or die or starve or whatever, because we have so many of our own people and we have to care for them first.”

“They say we need our own kids because German white kids are better than other kids who immigrate into the country,” she added.

“All the white people go, ‘Wouldn’t it be so horrible if we lost the white people, the white majority?’ They always want white women to have more babies to in order to be able to say, ‘Oh, stay the way we are, we are already full,’” she added.

She says Western countries have a moral duty to accept refugees.

“Because we produce all the climate change and all those things which make them leave [their] country,” she said.

Despite immigrants producing children at a much higher rate than White people, especially African migrants, she dismisses any argument against restricting immigration.

She said that she “of course” targets Whites specifically to stop having children.

“My focus, and that’s what drives the AfD nuts, is we have to cut back our numbers,” she said.

Read more here…

Tyler Durden
Tue, 06/30/2026 – 06:30

As Affordability Fears Mount, $100,000 Salary Considered Low-Income In 7 California Counties

As Affordability Fears Mount, $100,000 Salary Considered Low-Income In 7 California Counties

A six-figure salary is considered low-income in a handful of California counties, according to the 2026 income limits set by the state’s Department of Housing & Community Development.

These new income limits, which took effect June 23, are used to calculate the cost of affordable housing for certain state housing assistance programs.

Most counties saw an increase in the cutoff for what is considered low-income, and seven counties—Santa Cruz, San Francisco, San Mateo, Marin, Santa Clara, Orange, and Santa Barbara—had their cutoffs set at six-figure amounts.

As Cynthia Cai details below for The Epoch Times, Santa Cruz County has the highest cutoff, with a limit set at $122,200 for a single-person household. This is a nearly 10 percent increase from the previous year, which set the low-income cutoff at $111,100.

For each additional person added to the household, the income cutoff is adjusted so that “income limits should be higher for larger families and lower for smaller families,” the Department of Housing & Community Development wrote in its memo.

Following Santa Cruz are three more coastal counties: San Francisco, San Mateo, and Marin.

These three counties have cutoffs of $117,700 for single-person households, which is also an increase from the previous year’s limit of $109,700.

The low-income limit in Santa Clara is set at $113,700 for single-person households, and in Santa Barbara it is set at $102,000.

Two counties, however, are maintaining their low-income cutoffs from last year. Solano County will continue to use $76,950 as its limit, and Shasta will continue to use $54,500.

These figures come as housing and affordability remain top issues for residents.

“California home prices continue to be much more expensive than the rest of the US,” the state’s Legislative Analyst’s Office (LAO) reported in its 2026 Housing Affordability Tracker.

A mid-tier home, or the average-value middle-market property, costs around $775,000 in California, according to the LAO. That’s nearly double the national average of $398,771 for a mid-tier house, according to Redfin.

The Golden State saw a rapid home price increase of 14 percent per year during the pandemic from 2020 to 2022, the LAO stated. But home price growth has slowed down since then. The average price of a mid-tier home is currently increasing by approximately 1 percent per year.

“While home prices have stabilized, housing has become less affordable for most Californians in recent years” due to incomes failing to keep pace with the increase in housing costs, the LAO added.

As a result, only about 23 percent of households would qualify for mid-tier home mortgages in 2026, down from roughly 31 percent in 2019.

The state’s low homeownership and higher-than-average rental costs and home values were also noted in a recent report by the Public Policy Institute of California (PPIC), which said the state “has a housing problem.”

“Homeownership is the second lowest in the nation, and housing has become a dominant reason people leave the state,” the report states.

“Two of every three Californians say the cost of housing is a ‘big problem’ in their part of California.”

Ownership is particularly low among young adults, with about 31 percent of people between 30 and 34 years old reporting owning their own home. The national average for homeownership among that age group is about 49 percent.

Rental costs in California also exceed the national average by about 40 percent, the PPIC reported. The average cost to rent is about $2,159 in California compared with the national average of $1,526.

The PPIC noted that coastal cities face the highest costs, and large numbers of people are relocating inland, where costs are lower but housing supply struggles to keep up with demand.

Tyler Durden
Tue, 06/30/2026 – 05:45

Which Continents Have The Most Drug Users?

Which Continents Have The Most Drug Users?

North America leads the world in the use of cannabis, opioids and amphetamines. 

According to numbers published today in the UN’s World Drug Report, North Americans between the ages of 15 and 64 were 75 percent to 90 percent more likely to have consumed these drugs in 2024 than residents of second-ranked Oceania. The odds of dying of an accidental opioid overdose in the United States was still higher the same year as the risk of losing one’s life due to a car crash or suicide. Despite this, overdose deaths in the U.S. have in the last couple of years come down from their peaks.

As Statista’s Katharina Buchholz reports, according to the report, broader marijuana legalization in the U.S. drove consumption. Oceania had the highest prevalence of cocaine and ecstasy use, mainly in Australia and New Zealand. South America saw a relatively high use of cocaine and amphetamines, while opioids were more widespread in Asia than in South America or Europe.

Infographic: Which Continents Have the Most Drug Users? | Statista

You will find more infographics at Statista

In total, 331 million people worldwide consumed drugs in 2024, equivalent to 6.2 percent of the global population.

While marijuana remains the most common drug by far, the UN observed a change in the second-placed market for opioids.

Here, synthetic opioids have been taking on an increasingly larger role in response to the crackdown on opium poppy production in Afghanistan.

Strong synthetic opioids like fentanyl have been a major driver in the American overdose epidemic and as of 2025 were still detected in more than half of all U.S. drug deaths.

Amphetamines – at a global annual use prevalence of 0.6 percent the world’s third biggest drug – have meanwhile seen their market globalize.

Myanmar has emerged as a major producer country for amphetamines consumed globally and has also picked up opiate production as Afghanistan’s output decreased.

The UN also said it was seeing drug manufacturers using innovation as a tool to “skirt regulations and avoid detection”, leading to the type of drugs found in seizures continuously evolving and increasing in variety.

Tyler Durden
Tue, 06/30/2026 – 04:15

‘Muslim Theme Park Experience’ Sparks Fierce Backlash In ‘Two-Tier’ UK

‘Muslim Theme Park Experience’ Sparks Fierce Backlash In ‘Two-Tier’ UK

Authored by Steve Watson via Modernity News,

A theme park in Britain has received intense backlash for marketing exclusive access, halal vendors and Islamic stalls, effectively sidelining non-Muslims.

Gulliver’s Land in Milton Keynes is handing its rides and grounds to a day promoted as reserved exclusively for the Muslim community. Organisers described it as a “Muslim Theme Park experience” with unlimited rides, halal food vendors, Islamic stalls, kids’ activities and limited tickets sold primarily to that group.

Promotional material from Mubarak Moments, the group behind the event, highlights “a theme park reserved exclusively for the Muslim community” and “exclusive access… for one evening only,” effectively confirming the event is a faith-targeted buyout of a family theme park.

A Milton Keynes local community hub post on Facebook stated “This event has been independently organised by a Muslim community group, so naturally its primary focus is on bringing the Muslim community together, just as any community group would when organising an event for its members.”

The post continued, “That said, there is nothing to suggest that people of other faiths or backgrounds are unable to attend and enjoy the event. Everyone is welcome to attend in the spirit of mutual respect and understanding.”

It added, “As with any community-led event, it is expected that those attending will be supportive of the organisers, respectful of the event’s purpose, and considerate of everyone present.”

Some suggested the event was fake, manufactured as rage bait, but the organiser’s original post is here:

Note how the image on that post features a Muslim family, where as in the other image that element has been removed.

Responses poured in immediately. One user summed up the widespread frustration: “Two-tier Britain in full effect. While English culture gets sidelined and mocked, we’re funding and celebrating parallel societies on our own soil. Gulliver’s Land should be for British families, not imported theocracies.”

Others asked the obvious follow-up questions that never receive answers from officials or venue managers: when is the Christian family day, the English-only evening, or the Jewish community slot? Calls for boycott spread quickly. Several noted the hypocrisy directly: if the same marketing had read “reserved exclusively for the English community,” every equality body, media outlet and politician would have descended within hours.

While Americans reading this might think it’s another example of how far teh UK has fallen, this is also going on over there, in Texas of all places.

Earlier this year a taxpayer-funded indoor waterpark in Grand Prairie, Texas – the $88 million Epic Waters facility built with public sales tax money – advertised its 3rd Annual DFW Epic Eid celebration as a “Muslims only” event. Flyers specified modest dress rules including burkinis for women, halal-slaughtered meat, a private prayer room, and Islamic etiquette such as lowered gaze around the opposite sex.

Backlash forced organisers to edit the language to “modest dress only” and “all are welcome,” yet the underlying restrictions remained visible in FAQs. Critics pointed out the obvious double standard: a publicly funded venue effectively closed to regular visitors for a faith-specific gathering.

The outrage was immediate and effective. Texas Governor Greg Abbott threatened to withhold $530,000 in state grants from the city if the discriminatory event proceeded. Grand Prairie officials canceled it.

Perhaps an even more disturbing development in Texas is the East Plano Islamic Community project, rebranded as The Meadow. This planned development of 1,000 homes, a mosque and schools has drawn concerns over potential Sharia enforcement inside what amounts to a parallel community.

Governor Abbott has been clear that Sharia law, Sharia cities and no-go zones have no place in Texas. Developers still secured a legal win ordering state compliance.

Meanwhile, back in the UK, multiple landlords have advertised rental properties exclusively for Muslims in breach of the Equality Act 2010. Ads on Facebook, Gumtree and Telegram specified “Muslim only,” “only for Muslims,” or “for 2 Muslim boys or 2 Muslim girls.” Some targeted Muslim students only. These are not fringe cases. Investigations found dozens of such listings operating in plain sight while authorities focus enforcement resources elsewhere.

Any native British landlord attempting the reverse – advertising “English only” or “Christian only” – would face immediate investigation, fines and media pile-ons. The asymmetry is the definition of two-tier treatment.

Britain’s own institutions have tilted the field further. All members of the government’s “anti-Muslim hostility” advisory group have documented links to Islamist organisations. The state effectively handed rule-writing power over “hostility” definitions to the very networks that benefit from reduced scrutiny.

Schools received official guidance urging staff and pupils to report perceived “anti-Muslim hostility,” creating an Orwellian atmosphere where questioning Islamic practices or parallel societies risks being treated as thoughtcrime.

The same authorities that move swiftly against native dissent have shown remarkable tolerance for actual criminal networks. Sadiq Khan once claimed there were no grooming gangs in London. Police are currently investigating around 4,000 cases.

None of this is about preventing people from celebrating their faith. It is about whether public venues, taxpayer assets and the legal system treat every community by the same rules. When theme parks, waterparks and housing markets begin carving out faith-exclusive zones while the host population is told any reciprocal preference is bigotry, the social contract fractures.

Texas demonstrated that elected leaders can still draw a line against explicit religious discrimination in public facilities and win. Britain’s trajectory has been the opposite: accommodation of separatism, institutional capture by one-sided “hostility” definitions, and native families left wondering why their own cultural continuity receives less protection than imported alternatives.

The Gulliver’s Land episode is simply the latest visible symptom. It will not be the last unless the underlying policy of mass low-assimilation immigration and selective multiculturalism is reversed. Equal rights mean equal rules. Anything less is not tolerance – it is managed decline.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden
Tue, 06/30/2026 – 03:30

Latvia Unveils Joint Drone Plant With Ukraine, PM Touts Site’s Closeness To Russian Border

Latvia Unveils Joint Drone Plant With Ukraine, PM Touts Site’s Closeness To Russian Border

Latvia has announced confirmation its government has inked a new deal for Ukraine to assist in a Ukrainian drone manufacturing plant on Latvian soil, right near the border with Russia, as well as close to the Belarusian border.

Latvian Prime Minister Andris Kulbergs said following an emergency cabinet meeting held in Latgale that his country will “accelerate plans to establish a joint drone manufacturing facility with Ukraine and aims to locate it near the country’s eastern border region, regional media reports.

Shahed-136 drone. Creative Commons

The small Baltic country has been a member of NATO since 2004, and along with other allies like Estonia and Lithuania (both of which also joined NATO during the mid-2000s expansion wave).

These Baltic states have remained outspoken in their anti-Moscow hawkishness, and this latest announced plan of Latvia to produce drones with Ukraine once again reveals that there’s no heed being given to Russia’s red lines.

The Kremlin has for years warned European states that constant NATO and military infrastructure expansion right up to Russia’s borders could trigger major war. Of course, in Ukraine it has, but fears remain that some kind of major provocation could result in direct Russia-NATO conflict.

Regional media is really emphasizing the closeness of the planned facility to Russia:

Kulbergs said the agreement on cooperation in the field of unmanned systems, signed at the beginning of June, includes plans for joint production. In particular, a manufacturing facility is to be built rapidly near Latvia’s border with Russia.

The prime minister said the government would do everything necessary to ensure the facility is located close to the border. He added that the region needs economic activity, investment and jobs.

So now these Baltic leaders are just openly prodding and provoking Russia, it seems.

The Latvian leader after saying all of this is still promoting the ‘defensive’ nature of such a joint drone program: “Kulbergs also said that new counter-drone systems are expected to become operational along Latvia’s borders with Belarus and Russia in July and August, allowing the country to respond to aerial threats without deploying aircraft on every occasion.”

If there is a drone threat, we will not have to scramble aircraft every time. It is a very expensive and effective solution, but it is neither the best nor the most efficient one,” he said further.

There’s been a heightened spillover threat of UAVs from the context of the Russia-Ukraine theater, however, in some cases these have been reported to be errant Ukrainian drones, and not just Russian ones.

Russian media has really seized on this trend…

Kulbergs is also saying he hopes to reach Ukraine’s level of drone defense by the end of the year. The Zelensky government has over the past year been aggressively marketing its expertise to allied nations, and even in the Middle East in the context of the Iran war.

Tyler Durden
Tue, 06/30/2026 – 02:45

83% Of French In Favor Of Deportation Of Criminals And Long-Term Unemployed Foreigners

83% Of French In Favor Of Deportation Of Criminals And Long-Term Unemployed Foreigners

Via Remix News,

An overwhelming number of French people, totaling 83 percent, say they support the deportation of specific categories of foreigners currently residing in France, focusing particularly on delinquents, criminals, or the long-term unemployed, according to a recent CSA survey conducted for Europe 1, CNews, and the JDD.

For young people, 90 percent of them support deporting these categories.

This sentiment shows consistency across genders, with 82 percent of men and 84 percent of women in agreement. Socioeconomic data indicates 84 percent approval among lower socioeconomic groups, 87 percent among the inactive population, and 78 percent among higher socioeconomic professionals.

From a political standpoint, the desire to dismiss foreign delinquents, criminals, or long-term unemployed individuals consistently secures a majority regardless of party alignment.

On the left, sixty-nine percent of voters support the idea, which breaks down to sixty-six percent for LFI, seventy-five percent for the PS, and sixty-eight percent for the Greens. The sentiment is markedly stronger on the right, where ninety-six percent of Les Républicains voters favor the implementation of this process, closely followed by National Rally voters at ninety-three percent approval.

Incredibly, tens of thousands of foreigners with criminal records and deportation orders cannot be removed from France, often resulting in tragedy, including rapes and murders.

Regarding immigration in general, polling from Ifop and Odoxa routinely shows that between 60 to 70 percent of French believe there are “already too many foreigners in France” and that “welcoming additional immigrants is not desirable.”

This polling data emerges alongside ongoing political debates on the topic, such as statements from political figures like Eric Zemmour, who previously stated during an appearance on Europe 1: “I am for zero immigration but also for negative immigration.”

He said that legal immigration drastically increases the rate of overall immigration, notably through family reunification policies. He also said during the program: “I think we need to start remigration.”

Read more here…

Tyler Durden
Tue, 06/30/2026 – 02:00

Fear Is Overwhelming Us

Fear Is Overwhelming Us

Authored by Guy de la Bédoyère via DailySceptic.org,

Fear is implanted in us as a preservative from evil but its duty, like that of other passions, is not to overbear reason, but to assist it. It should not be suffered to tyrannise in the imagination, to raise phantoms of horror or to beset life with supernumerary distresses.

Samuel Johnson in the Rambler (1761)

No-one’s disputing that very hot weather can be challenging, even dangerous, for some people. But I’ve been fascinated by the news coverage of the heatwave over the last week or so, largely because I’m currently touring in the American West, as I often am. Reading the British news one could be forgiven for thinking the country was on the brink of destruction.

However, it also links into an accumulating culture of fear which is having a paralysing effect on wider society. It’s been developing for years, driven not only by a news media craving stories, but also government seeking ever more control over our lives, and a vast industry capitalising on promoting fear to sell solutions, reassurance and ‘peace of mind’.

Out here the weather is seriously dangerous in ways most of we Brits have little or no idea. About two weeks ago I was driving across South Dakota into North Dakota through epic downpours that were like carwashes for the gods, and in 80mph winds. But the place carried on, as we did. I drive around 10,000 miles in the American West annually and I have developed a healthy regard for the weather, without letting us stop what we’re doing. We simply adapt.

You might remember that in 2023 there was a heat dome over Texas. Since we were due to fly into Dallas Fort Worth, we were a little worried, thanks in no small part to the tireless BBC that left us and everyone else with the impression that all Texas was about to be obliterated in a conflagration.

Naturally, when we rolled up, we found Texas was hot but in a 100% operational state. Everything was working as normal. We went about our road trip as planned. In southeastern Texas we visited a forest, lush with leaves and long green grass. We found a couple of nonagenarians, who in Britain would have been locked in a freezer to save their lives, out walking as they always did. We told them about the news in Britain. They laughed and carried on.

The interesting thing is not then the heat, or in my case the torrential downpour across the northern Great Plains on a remote and almost entirely empty road, but the fixation in the media and government to turn everything into something to be terrified of.

In recent years, Covid was utilised as the pretext for driving hundreds of millions of people to the brink of – or even actual – mental breakdown from fear. Now it seems the long-term impact on wider society is becoming clearer though Covid is only one facet of a mesmerising array of reasons to be petrified. However, we also have it within us to drive ourselves mad with fear.

In his Journal of the Plague Year (1722) Daniel Defoe included this observation of how fear of the contagion could lead to irrational behaviour, when describing what had happened in 1665:

It was in those shambles that two persons falling down dead, as they were buying meat, gave rise to a rumour that the meat was all infected; which, though it might affright the people, and spoiled the market for two or three days, yet it appeared plainly afterwards that there was nothing of truth in the suggestion. But nobody can account for the possession of fear when it takes hold of the mind.

The Telegraph has an article about how school trips are shortening because “Anxious parents are cutting children’s overnight school trips short”:

Steve Hallett, the Director of Operations at Rock UK, which offers residentials at centres across the UK, said a typical trip has fallen from four or five days to two or three.

He said it was partly because of costs but also described an increasing trend of parents collecting their children early or even staying at the site after they drop their children off.

Mr Hallett added that it had become more common for children on residentials to sit out certain activities, watching from the sidelines.

“The level of anxiety is really high. Children who have come through that Covid age, we’re seeing a level of concern even about going outside let alone being away from home,” he said.

A source at another residential company in southern England said a traditional trip was “always a week long” but had shortened since the pandemic.

They said: “Since the pandemic, many parents won’t even allow their children to go on your typical sleepover with friends because of the safeguarding concerns… to go from never being away from home to being away from home for a week is a big thing. Children find it overwhelming and exhausting.”

They gave examples of parents raising concerns about their children being abducted, the food their children are eating and calling the centre during a trip saying: “I’m worried that my child’s going to be cold in the accommodation.”

“There is this anxiety and it’s not helping with the children’s resilience. Parents are less likely – because of those growing fears from the pandemic – to want to allow those children to go off and take those types of risks that allow them to build that resilience,” they added.

One wonders what sort of adults these children will grow into. Last year, Joanna Gray wrote a piece called ‘Why Do Schools Now Resemble Prisons?’ for this site. It’s a dystopian tale of a world of security fences, lanyards and lockdown drills. I can second that. After I left full-time teaching in 2016, I delivered a Classics day to sixth formers at a West London comp. It was a terrifying place. Just being let in was like trying to enter a US high-security establishment. Inside it was a seething mass of teenagers contained in their ‘safe and secure’ environment like battery chickens.

We can only hope that when they grow up and escape into the adult world, they can leave the nonsense behind them. But I’m afraid it’s all too likely that growing up in a climate of fear is encouraging a significant minority to hide at home, unable to contemplate either going to school or facing adult life.

Before I was 10 years old back in the mid-1960s, my idea of fun on a Saturday was to meet a schoolfriend in London, spend five shillings each on a ‘blue rover’ ticket and then pass the day riding around on the tube with a nebulous aim to travel from the end of each line to the other.

I don’t think it ever occurred to my parents either to discourage or even stop me. In 1970 I was fortunate enough to go on a school classics cruise around the Mediterranean on a battered old ship called the SS Nevasa. Twenty-four boys in the charge of one teacher and not a risk assessment in sight! I remember vividly how the captain reminded us sternly that we were embarking on the high seas and not to go near the rails in rough weather.

Fear is a very useful phenomenon. A fear of crashing waves, based on knowledge of what water can do, might keep one away from the end of a jetty or off the deck of a cruise ship in a storm. A fear of traffic helps keep us away from roads. One might take reasonable precautions to avoid catching a serious infection. But there is a limit. To return to Defoe again, representing himself in the first person as the anonymous ‘Citizen’ recounting his experiences:

I had two important things before me: the one was the carrying on my business and shop, which was considerable, and in which was embarked all my effects in the world; and the other was the preservation of my life in so dismal a calamity as I saw apparently was coming upon the whole city, and which, however great it was, my fears perhaps, as well as other people’s, represented to be much greater than it could be.

In other words, as Samuel Johnson noted, fear can assist reason but fear for fear’s sake can overwhelm us. It not only makes things seem far worse than they are but also cripples our ability to cope.

Tyler Durden
Mon, 06/29/2026 – 23:25