Yet another reason for privatizing mass transportation emerged Saturday morning, after a left-wing rail union launched a strike set to snarl the nation’s busiest commuter railroad network.

The labor action threatens to paralyze the Long Island Rail Road, a critical transportation artery spanning the New York City-to-Long Island corridor and linking Manhattan, Brooklyn, and Queens with Nassau and Suffolk counties.

The Brotherhood of Locomotive Engineers & Trainmen (BLET), which endorsed former left-wing and failed presidential candidate Kamala Harris, said its 3,500 members who work for the LIRR went on strike early Saturday morning.

“No agreement on wage increases was reached between a coalition of five unions, including BLET, and the LIRR. In accordance with the terms of the Railway Labor Act, the coalition’s 3,500 members went on strike just after midnight,” BLET wrote on X.

No agreement on wage increases was reached between a coalition of five unions, including BLET, and the LIRR. In accordance with the terms of the Railway Labor Act, the coalition’s 3,500 members went on strike just after midnight on Saturday, May 16. Story: https://t.co/UcCgIVItiA pic.twitter.com/BW9Un14kHc

— Brotherhood of Locomotive Engineers and Trainmen (@BLET) May 16, 2026

BLET’s National Vice President Kevin Sexton was quoted by AP News as saying that negotiations between the union and the LIRR have collapsed. 

“We’re far apart at this point,” Sexton said. “We are truly sorry that we are in this situation.”

MTA Chairman Janno Lieber said LIRR “gave the union everything they said they wanted in terms of pay,” and that to him it was apparent the unions always intended to walk out.

In fact, we detailed in August 2025 a comprehensive “Color Revolution: A Strategic Assessment (2025-2028),“ outlining how left-wing unions and NGOs were planning “coordinated, targeted, and nonviolent strategic action such as national strikes and boycotts, large-scale disruption to economic activity and civil society, and other forms of mass political defiance designed to damage a government’s legitimacy, authority, and capacity.”

The rail strike threatens major disruption for roughly 270,000 daily riders and could cost the region an estimated $61 million in lost economic activity per day.

The labor action will likely backfire because LIRR riders are mostly middle-class, and the shutdown of the transportation network will hurt working households the most.

Limited shuttle bus service is planned beginning Monday, but capacity will cover only a fraction of normal ridership.

This is the first strike on the LIRR since 1994, and the timing could not be worse, as commuting across the service area will be a nightmare come Monday morning. This is also unfolding in a state controlled by unhinged Democrats, alongside a socialist mayor in NYC.

Submitted by QTR’s Fringe Finance

Bond yields are doing exactly what I warned about yesterday: forcing reality back into a market that had become increasingly detached from it.

Heading into Friday’s cash open, U.S. equity futures are under pressure, with S&P 500 futures down roughly 1% and Nasdaq futures off even more sharply as global bond markets sold off overnight.

CNBC reported that by Friday morning in London, the U.S. 10-year Treasury yield had climbed nearly 9 basis points to 4.544%, marking its highest level in almost a year. The move wasn’t isolated to the U.S. U.K. 10-year gilt yields jumped another 15 basis points as investors continued digesting fiscal and political instability abroad, while Japan’s 2-year yield surged as much as 19 basis points before cooling modestly.

Government bonds, precious metals, and international equities all sold off simultaneously as investors began repricing inflation risks, geopolitical instability, and the growing realization that central banks may not be rushing to save markets anytime soon.

That matters because this is how stress sometimes tends to emerge in overextended markets. It rarely starts with equities themselves. It often begins in credit markets, rates markets, or funding markets before eventually spilling over into stocks.

Bond markets are significantly larger than equity markets and tend to be less interested in speculative narratives and far more focused on inflation, fiscal deficits, growth expectations, and the actual cost of money. When yields move this aggressively higher in such a short period of time, financial conditions tighten almost immediately. Mortgage rates remain elevated. Corporate borrowing costs rise. Refinancing becomes more expensive. Valuation models become less forgiving. Most importantly, the higher yields go, the less rational it becomes to pay extreme multiples for speculative growth stocks that have been pricing in a near-perfect future.

Yesterday I wrote that this market increasingly resembled a late-stage blowoff top fueled by “mechanical options activity, concentrated speculation, and a level of complacency that tends to emerge near the end of major asset bubbles.”

I also argued that this no longer resembled a traditional bull market built on broad participation, earnings growth, or healthy economic expansion. Instead, I described a market increasingly driven by narrow leadership, speculative options activity, and momentum chasing concentrated in a handful of names. Bloomberg’s Simon White’s observations reinforced that thesis. He highlighted the fastest rise in S&P gamma ever recorded, historically low correlation, and extreme dispersion beneath the surface.

That combination matters because it tells you this rally has been heavily dependent on a shrinking number of stocks doing most of the work while market structure becomes increasingly fragile underneath.

And that fragility becomes far more dangerous when interest rates begin moving against speculative positioning.

🔥 50% OFF FOR LIFE: Using this coupon entitles you to 50% off an annual subscription to Fringe Finance for life: Get 50% off forever

As I wrote yesterday, call buying in individual stocks has exploded while broader index participation has weakened. Zero-day options have accounted for roughly 60 percent of call volume. Those dynamics can create powerful upside reflexivity when markets are moving higher, but they can also create violent downside reflexivity when momentum breaks. Dealers who were previously forced to buy shares as markets rose can quickly become forced sellers when positioning reverses. The same machine that helped levitate prices can accelerate downside volatility when sentiment shifts.

Lauren Hyslop, investment manager at Mattioli Woods, summarized the situation well in comments to CNBC: “Rising bond yields are once again imposing their will on markets, tightening financial conditions and sapping risk appetite across asset classes,” she said.

She added that investors are confronting the “uncomfortable reality of ‘higher for longer’ rates in the U.S., as stubborn inflation and surprisingly resilient growth push back any meaningful pivot to easing.” She also noted that a stronger dollar, fading expectations for liquidity support, geopolitical uncertainty, and fiscal concerns are all adding pressure simultaneously. That combination is particularly dangerous because it removes the easy narrative markets have relied on for months that rate cuts were inevitable and policymakers would remain quick to intervene.

The fact that the Fed is stuck between a 3.8% CPI and 6% PPI rock and a market-teetering-on-the-brink-of violently-pulling-back hard place was the core of yesterday’s concern. If the bond market starts to get violent, what options does the Fed have to start printing to buy bonds and do yield curve control with inflation already where it is? The central bank’s hands might be tied — and this is a scary (and somewhat unprecedented) thought.

Markets had become increasingly comfortable assuming inflation would continue cooling, rates would eventually fall, and liquidity would remain abundant enough to support elevated valuations indefinitely. Meanwhile, as I noted yesterday, consumer stress has continued quietly building beneath the surface. Credit card delinquencies have been rising. Auto delinquencies have been climbing. Student loan repayment pressures are returning.

Heavy selling swept across Asian markets on Friday, with South Korea’s benchmark KOSPI plunging 6% as traders aggressively reduced exposure to the country’s semiconductor sector. Samsung Electronics and SK Hynix led the decline. The catalyst for the sell-off was labor action risk headlines at Samsung, where the company’s union threatened a strike that could disrupt production lines at the world’s largest memory chip manufacturer.

By Saturday morning, there was a major sigh of relief: Samsung and its labor union would resume government-mediated pay talks on Monday, according to a Reuters report.

The union released a statement earlier explaining that Samsung had replaced its negotiation team, and both sides would meet later Saturday for separate meetings ahead of Monday.

Chairman Jay Y. Lee issued a public apology over the labor dispute, alongside Samsung’s decision to replace its lead negotiator:

“I sincerely apologize to customers around the world for causing anxiety and concern due to issues within our company,” Lee said, telling reporters that he also “deeply bows in apology to the public.”

South Korean officials, including the labor minister, prime minister, and finance minister, have urged both the union and Samsung to resolve their labor issues, as a strike could threaten production lines for some of the world’s most advanced memory chips, which are critical for AI data center buildouts. 

The collapse in talks on Friday sparked a sharp decline in the KOSPI, ending weeks of gains. It also comes as the world is suffering from a deepening memory supply crunch (read here). 

Shares of Samsung in South Korea closed down 6.66%.

However, Taiwan-based market intelligence and research firm TrendForce wrote on X:

Samsung’s strike is set to formally begin on May 21. Because the company’s semiconductor fabs are already highly automated, the impact on production is expected to be limited.

However, there will likely be noticeable disruptions to packaging and logistics, R&D and design, and customer relations. In terms of unionization, about half of all employees across the Samsung Group are union members, most of whom work in the semiconductor division. Internally, management has already extended an olive branch to the DRAM division, but has not yet reached an agreement with union members in the Foundry and LSI divisions.

Samsung’s strike is set to formally begin on May 21. Because the company’s semiconductor fabs are already highly automated, the impact on production is expected to be limited. However, there will likely be noticeable disruptions to packaging and logistics, R&D and design, as well… https://t.co/l2ibgeXEIL

— TrendForce (@trendforce) May 15, 2026

Given that memory is a critical component of data center buildouts, why would the union suddenly feel compelled to risk seizing up memory-chip production lines unless there was an ulterior motive?

In the U.S., unhinged socialist Bernie Sanders has pushed a data center bill moratorium, which is very suspicious because it would only allow China to catch up to the U.S.

Separately, it is worth noting that DEI has effectively been backronymed into “Data Centers, Electricity, and Infrastructure.”

Via City AM,

• The UK government will introduce legislation banning new North Sea oil and gas exploration licences as part of its Energy Independence Bill.

• Critics argue the policy will increase Britain’s reliance on imported fossil fuels while damaging Scotland’s oil and gas industry.

• Rising oil prices and disruptions tied to the Iran conflict have intensified political pressure on Labour to reconsider the ban.

The government will make it illegal to grant new oil and gas licences in the North Sea, the King said at the state opening of Parliament, in a sign ministers are refusing to buckle in the face of a barrage of criticism that the policy is depriving the UK of billions of pounds in tax receipts without helping the environment.

As part of an Energy Independence Bill announced in the King’s Speech, the government will bake into law its pre-election pledge not to explore new oil and gas fields in a bid to “take control of our energy security”.

In its 2024 manifesto, the Labour Party made a ban on all new exploration and drilling licences in the North Sea a key pillar of its promise to turn Britain into a “clean energy superpower” by 2030.

But since entering government, the party has come under growing pressure to renege on the promise, with critics arguing it strangles one of Scotland’s most vibrant industries and fails to improve the UK’s environmental footprint.

Backlash against ‘deluded’ North Sea policy

Oil and gas still accounts for three-quarters of the UK’s energy mix. And the majority of those fossil fuels are now shipped in from abroad, meaning other economies benefit from the job creation and tax receipts that are derived from the lucrative drilling and refining processes.

Calls for the ministers to rethink the ban have grown louder since the outbreak of war in Iran led the price of crude oil to nearly double in a month.

Last week, Norway, which drills for oil in the same area of the North Sea as Britain, approved plans to reopen three gasfields that had been shut for decades to help sate the global demand for fossil fuels caused by the closure of the Strait of Hormuz shipping lane.

Two of Labour’s main political opponents – Reform UK and the Conservatives – have both vowed to overturn the ban, in a move they say would help increase the UK’s tax take and inoculate it from any acute supply shocks.

The ban, which the government claims will help Britain off the “roller-coaster of fossil fuel markets”, has also drawn criticism from the US’s ambassador to the UK, who has used multiple interviews to urge Britain to make more of its reserves.

Shadow energy secretary Claire Coutinho accused her opposite number Ed Miliband of being “utterly deluded” for seeking to put the ban into the statute book.

“He is not making us more independent. He is making us more reliant on foreign imports,” she said.

Summary: 

• China, U.S. Agree To Cut Levies On Select Products, Expand Agricultural Trade

• China, U.S. Reach Boeing Jet Purchase Agreement

• U.S. And China Agree To Establish Trade And Investment Boards

• Trump-Xi Summit Delivers Modest Trade Wins

China Responds With Agreements To Purchase Jets, Cut Levies, Expand Trade 

One day after President Trump left Beijing, following his multi-day summit with Chinese President Xi Jinping, China’s Commerce Ministry released new details about agreements it had reached to purchaseU.S.. planes and farm goods.

• CHINA, US REACH ARRANGEMENTS ON BUYING US PLANES

The exact wording “reach arrangements”s in the Bloomberg headline is important because it suggests a framework, a commitment, or a negotiated understanding, not necessarily a finalized purchase contract for Boeing commercial jets.

Based on earlier reports, Trump said China agreed to buy 200 Boeing planes, with the total potentially rising to 750 aircraft.

The next set of headlines shows that the Trump team and Beijing have reached a partial trade de-escalation package following the summit:

• CHINA, US AGREE TO REDUCE LEVIES ON A CERTAIN RANGE OF PRODUCTS

• CHINA TO EXPAND BILATERAL TRADE W/ US ON AGR AND OTHER PRODUCTS

• CHINA VOWS TO EXPAND BILATERAL AGRI TRADE WITH US

The headlines point to a U.S.-China trade détente that is constructive for American industry, exporters, and U.S. farmers.

Now the larger question is what Trump and Xi agreed to behind closed doors regarding Tehran and the reopening of the Strait of Hormuz.

U.S. and China Agree To Establish Trade And Investment Boards As Trump-Xi Summit Delivers Modest Wins

U.S. and Chinese leaders agreed to establish a new “Board of Trade” and a parallel “Board of Investment” during President DonaldTrump’ss two-day visit to Beijing – a summit that ended much as it began: with significant pageantry, warm personal rapport between the leaders, and modest, incremental progress on trade. The new boards aim to oversee bilateral purchases, manage trade differences, facilitate deals in non-sensitive sectors (with roughly $30 billion in goods identified), and provide a standing channel to prevent future escalations without constant high-level intervention.

The boards were a pre-summit priority pushed by U.S. officials, including Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer. They build on preparatory talks in South Korea that produced what both sides described as “generally balanced and positive outcomes.” Chinese state media, including Xinhua, highlighted the agreements as part of efforts to expand practical cooperation and maintain stable economic ties.

This development aligns with XiJinping’ss broader push to reframe the bilateral relationship as one of “constructive strategic stability” – a new guiding vision intended to provide predictability for the next three years and beyond, emphasizing cooperation as the mainstay while allowing for “moderate competition” and “manageable differences.” Xi described it as a positive, sound, constant, and enduring stability that should translate into concrete actions.

Trade and Economic Deliverables

• Boeing Aircraft: China committed to purchasing 200 Boeing jets, with Trump indicating the order could potentially grow to 750 based on performance. This was the most visible commercial headline, though it fell short of earlier speculation around larger volumes and drew a muted market reaction.

• Agriculture and Energy: Progress on expanded U.S. farm product sales (soybeans, beef, and other goods, with reports of commitments up to $10–50 billion in some readouts) and potential energy deals. Xi told accompanying U.S. CEOs that China’ss door will only open wider” to American businesses, signaling greater market access in mutually beneficial areas.

• Investment Outlook: Discussions included pathways for Chinese investment into non-sensitive U.S. sectors, with the Board of Investment intended to provide clearer guidelines and reduce uncertainty from national security reviews.

Trump touted “fantastic trade deals” upon departure, while Xi emphasized win-win outcomes and the importance of sustaining momentum in economic ties.

And hey, America apparently needs 500,000 Chinese students in the US, and China should be able to purchase US farmland so that colleges and farm prices don’t collapse, or something. 

NOW – Trump says it’s good to have 500,000 foreign Chinese students in the U.S. and for China to purchase U.S. farmland; otherwise, colleges and farm prices would collapse: “I frankly think that it’s good that people come from other countries and they learn our culture.” pic.twitter.com/3vQDXpjchz

— Disclose.tv (@disclosetv) May 15, 2026

Areas Without Breakthroughs

Despite the institutional progress, several high-priority issues saw limited or no resolution:

• Nvidia H200 AI Chips: No major summit agreement on advanced AI chip exports. While some U.S. licensing approvals for sales to select Chinese firms occurred around the visit (with Jensen Huang joining the delegation), export controls remained a sticking point and were not centrally resolved in leader-level talks.

• Rare Earths: No announced extension of the existing truce or easing of Chinese export controls, which continue to affect U.S. chipmakers and aerospace firms. This remains a lingering vulnerability from prior tariff exchanges.

• Iran Conflict: Both leaders expressed a shared desire for stability and reopening the Strait of Hormuz, with Xi showing interest in greater U.S. oil purchases to reduce Middle East dependence. However, China offered no concrete commitments to leverage its influence with Tehran. Beijing’s foreign ministry reiterated support for peace efforts without pledging active intervention.

Taiwan And Competing Narratives

Competing narratives quickly emerged from the summit – highlighting the persistent gap in how Washington and Beijing frame their relationship. Chinese state media, including Xinhua, emphasized Taiwan as “the most important issue” in bilateral ties, with Xi warning Trump that mishandling it could lead to confrontation or even conflict while reiterating opposition to “Taiwan independence.” (U.S. officials, including Secretary of State Marco Rubio, reaffirmed that American policy on Taiwan remains unchanged.) In contrast, the White House readout and Trump’s public comments focused heavily on international issues such as Iran, reopening the Strait of Hormuz, global energy security, and economic cooperation – including Xi’s reported interest in buying more U.S. oil to reduce Middle East dependence, fentanyl precursor controls, and increased agricultural purchases. Trump described the relationship as one that is “going to be better than ever before,” while Xi suggested that “cooperation benefits both, while conflict hurts both.” Analysts noted that Beijing’s spotlight on Taiwan may serve to shape domestic and international perception and divert attention from other sensitive topics like trade imbalances, nuclear issues, and Iran. Meanwhile, the strong U.S. business delegation – including NVIDIA’s Jensen Huang – underscored Washington’s priority of securing concrete commercial wins. These divergent readouts reflect each side’s strategic messaging priorities: China seeking to reinforce red lines and stability on its terms, and the U.S. highlighting transactional progress and geopolitical alignment.

As Rabobank notes;

While markets kept a watchful eye on any headlines about the war in Iran, palates were left dry as only tepid announcements dripped out, such as that China “offered help” on Iran and “pledged not to send weapons.” What they did not manage to evade was a conversation about Taiwan. During the two and a half hour conversation with Trump, Xi underscored that US intervention in Taiwan could trigger a “highly dangerous situation.” While Rubio underscored that the topic of American arms sales to Taiwan wasn’t a major focus of discussion, it likely will be when Congress’ approved USD 14bn arms sale to Taiwan lands on Trump’s desk, and again when Xi visits the White House in September.

* * *

Overall Assessment: The summit went a long way in stabilizing ties through new dialogue mechanisms and modest commercial wins rather than grand bargains. Trump returned with a few modest wins he can highlight domestically ahead of midterms – though the whole ‘Chinese students and farms’ might be a tough pitch to MAGA, while Xi secured a narrative of strategic predictability and time for China to address its economic challenges.

Underlying rivalries in technology, supply chains, Taiwan, and global influence persist, but the relationship now has a more structured channel for management. Future progress is likely to remain incremental and transactional, with the newly agreed boards playing a central role in testing whether this stability proves durable.

President Trump’s earlier previewed controversial troop cuts for the European continent may already be in progress, and could happen more rapidly than previously thought. 

The US Army has canceled the deployment of the 2nd Armored Brigade Combat Team, 1st Cavalry Division to Poland, NBC reports this week. The deployment would have involved over 4,000 soldiers as well as military equipment.

Various reports say that top Pentagon staff were ‘blindsided’ by what is being characterized as War Secretary Pete Hegseth’s sudden U-turn on the plan to send troops to Poland, amid Trump anger at Europe.

Politico says that troops and equipment had actually started arriving in the country:

The decision was even more surprising because troops and equipment had already started to arrive in the country. It sent fresh waves of anxiety through European capitals and inside the Pentagon on Thursday about whether such moves could embolden Russia — and which ally might turn into the next target.

“We had no idea this was coming,” said one of the U.S. officials, adding that European and American officials have spent the last 24 hours on the phone trying to understand the decision and figure out if more surprises are coming.

Some of this surprise and frustration was echoed in public, with Lt. Gen. Ben Hodges, the former commander of the U.S. Army in Europe, stating that the Army’s role in Europe “is all about deterring the Russians, protecting America’s strategic interests and assuring allies.”

But it remains that “now a very important asset that was coming to be part of that deterrence is gone.” He added: “The Poles certainly have never criticized President Trump, and they do all the things that good allies are supposed to do. And yet, this happens.”

There was no command announcement, with some troops learning of the deployment cancelation by text among their friends and members of their unit.

As for Trump’s plan to reduce the US presence in Germany by 5,000, this is expected to take many months – possibly over a period of six months to a year.

The Pentagon scrapped plans to send about 4,000 Army troops to Poland, people familiar with the matter said, part of a broader review of the US military presence in Europe https://t.co/b4DX9pr3Hc

— Bloomberg (@business) May 14, 2026

The large US presence hearkens back to the post WWII division of Germany and post-war order, and is also a legacy of the Cold War. Ironically at this very moment European leaders have hyped a ‘new Cold War’ with Russia, as the Ukraine war continues raging.

“The officials characterized the move as a signal of President Trump’s discontent with the level of assistance that European allies have offered in the U.S.-Iran war,” CBS has noted previously.

Authored by Steve Watson via Modernity.news,

The Telegraph has published a piece so tone-deaf it reads like self-parody. According to the outlet, the “far-right” is no longer the domain of bald men in boots and tattoos. No, it’s now being led by “strikingly telegenic young women” who dare to look good on camera while warning about mass migration, grooming gangs, and cultural replacement.

Three foreign activists – Ada Lluch, Valentina Gomez, and Eva Vlaardingerbroek – were banned from entering Britain for a Tommy Robinson rally, and the Telegraph can’t stop gushing over how “pretty” this makes the movement look.

The government has banned at least seven foreign voices from attending the rally, including the women highlighted by the Telegraph.

Not so long ago, the stock image of someone from the far-Right was easily summoned: they’d be male, obviously, and very probably bald, and questionable tattoos.

The face of the far-Right, it seems, is changing – and it’s becoming a good deal prettier ⬇️https://t.co/K8xXWHSdgK pic.twitter.com/irtXPyGD9X

— The Telegraph (@Telegraph) May 15, 2026

Critics point out the blatant double standard: pro-Palestine marches with openly extremist rhetoric are often tolerated, while a native-focused demonstration drawing tens or hundreds of thousands draws preemptive visa blocks on speakers.

Kier Starmer’s government waves in unvetted migrants and certain extremists but draws the line at articulate critics of mass migration.

The Telegraph profiles the banned women in breathless detail. Catalan activist Ada Lluch has called out “complete invasion” of western democracies, American influencer Valentina Gomez warned about “rapist Muslims taking over,” and Dutch commentator Eva Vlaardingerbroek spoke of “the rape, replacement and murder of our people.”

All three were barred from the UK, along with several other activists. Meanwhile, the government continues to wave in the very people these women are warning about.

The Telegraph also warns about attractive home-grown women, including British influencer Saskia Teague. With over 100,000 Instagram followers, she mixes “happy happy happy” selfies with calls for “England for the English,” mass deportations, and an end to shame-free multiculturalism.

The Telegraph acts shocked that she also praises her “Anglo-Saxon hair” and rejects the idea she’s being “used” by men.

Of course the usual suspects are wheeled out to clutch pearls. Hope Not Hate researcher Alex MacKinnon calls it a “glamorisation” effort to shed the “violent thug image.” Institute for Strategic Dialogue’s Hannah Rose says looking desirable builds followers and fits the ideology that women should be “aesthetically pleasing.”

The implication is that these women can’t possibly believe what they’re saying – they must be grifting or being manipulated. Because in the eyes of the legacy media, no normal young attractive woman could possibly notice what’s happening to her country.

This is the same media that files stories on “far-right” threat while ignoring grooming gang scandals, no-go zones, and skyrocketing violence against women and girls. The Telegraph even admits the shift comes from young people “profoundly disaffected with mainstream parties” and disillusioned with modern life.

Yet instead of asking why that disillusionment exists, they obsess over Instagram filters and “zhuzhing” the image.

Prime Minister Keir Starmer has today claimed he’s all about “championing peaceful protest” while simultaneously blocking entry to those he dislikes. Starmer declared:

“I’ll always champion peaceful protest. But the Unite the Kingdom march organisers are peddling hatred and division,” then admitting that “We’ve already blocked visas for far-right agitators who want to come here to spew their extremist views.”

I’ll always champion peaceful protest. But the Unite the Kingdom march organisers are peddling hatred and division.

We’ve already blocked visas for far-right agitators who want to come here to spew their extremist views.

They don’t speak for the decent, fair, respectful Britain… pic.twitter.com/hdu8kgxHFp

— Keir Starmer (@Keir_Starmer) May 15, 2026

Why are intelligent women who take care over their appearance being maligned as ‘far right’? Well, take at look at this lot:

It’s no wonder they’re rattled. That’s the clownworld alternative the establishment promotes – and it terrifies them that normal, feminine, attractive women are rejecting it in favour of common sense.

This is also the same tired playbook the left has run for years. Remember when the likes of MSNBC insisted health and fitness was the “new gateway drug to the far-right”? Even basic self-improvement triggers the mob. Now being attractive, articulate, and female while opposing open borders gets you labelled “far-right agitator.” Apparently only frumpy, blue-haired nose ring radicals are allowed to have political opinions.

X users were not impressed with the Telegraph writer’s take.

It’s always the ugly jealous unattractive cat ladies that hates attractive women trying to stand up for their country pic.twitter.com/UqYGMEi5Hl

— Zee 🔥 (@Zeeeee_xx) May 15, 2026

So, we’re winning.
No longer fringe.
The norm is our way of thinking.
Rattled.

— Nate, or, Mr H Reviews (@MrHreviews) May 15, 2026

The Leftwing establishment is so accustomed to the freak show they attract that normal, feminine women are an oddity that terrifies them. 😂

— Caldron Pool (@CaldronPool) May 15, 2026

Ah yes, young women couldn’t possibly be concerned about the erasure of their safety, culture and freedom.

What a woeful and pathetic excuse of so-called ‘journalism’.

— Emily Wilding Davison🏴󠁧󠁢󠁥󠁮󠁧󠁿 (@Wommando) May 15, 2026

The face of the far-right is just the Native Europeans who are sick of the ongoing conquest of our lands by 3rd World Savages, thank god that our women are waking up too & joining us in this fight 💪🏻🤍 pic.twitter.com/7ZKZ4z9jdW

— Ardan (@ArdanXXII) May 15, 2026

The left’s panic is understandable. When healthy, fit, attractive people start rejecting open borders and woke insanity, the narrative collapses. Being patriotic, noticing patterns, and wanting your country to survive is not “far-right.” It’s normal.

The real extremists are the ones importing chaos, silencing dissent, and branding beauty, fitness, and common sense as threats. The more they smear, the more people wake up.

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.

Via The Cradle

The two-day meeting of BRICS foreign ministers in New Delhi ended on Friday without a joint statement due to “differing views” on the US-Israeli war against Iran and the current situation in West Asia, the Indian government said in a statement. 

Representatives expressed “their respective national positions and shared a range of perspectives,” the Indian statement read. The statement added that one member state had “reservations” about issues related to Gaza, as well as security in the Red Sea and the Bab al-Mandab Strait. Iranian Foreign Minister Abbas Araghchi said during the meeting that “Iran is a country that cannot be divided. The era of American dominance is over.“

He also singled out the UAE for blocking the ministerial BRICS statement, and pointed out its “own special relationship with Israel.“

The BRICS meeting coincided with major tensions between the Islamic Republic and the UAE – both bloc members. Tehran has repeatedly slammed the direct Emirati involvement in the US-Israeli war. 

On Thursday during the BRICS summit, Araghchi urged all members of the bloc to condemn the “unlawful aggression” by the US and Israel. 

Araghchi directly addressed the Emirati representative during the meeting, calling Abu Dhabi an “active partner” in the war on Iran. 

“I didn’t name the UAE in my [opening] statement for the sake of unity. But the truth is that the UAE was directly involved in the aggression against my country. When the attacks started, they didn’t even issue a condemnation,” Araghchi said. 

The comments were a response to remarks made by the Emirati representative during the BRICS meeting, according to Iranian media reports. Iranian media did not specify exactly what the UAE representative said.

The Emirati government denied a statement this week by Israeli Prime Minister Benjamin Netanyahu, who said he visited the UAE during the war. 

According to a newer report by Israel’s Broadcasting Corporation (KAN), Israeli army chief Eyal Zamir and other military officials also visited the UAE during the war on Iran. 

Since the 2020 Abraham Accords, Israel and the UAE have dramatically accelerated cooperation in security, trade, and other fields.

🚨🚨🚨Iranian Foreign Minister Abbas Araghchi says that the UAE is a direct party in the war:

‘The same country that prevented the issuance of a BRICS statement is the one that provided its airspace, territories, and military bases to American and Israeli forces.

For us, they… pic.twitter.com/AeqwEAdXvk

— Middle Eastern Affairs (@OpsHQs) May 15, 2026

The UAE and Saudi Arabia both opened up their air bases to US jets for attacks on the Islamic Republic throughout the war. Israel also deployed an Iron Dome system to the UAE, along with a crew to operate it. According to new western media reports, both the UAE and Saudi Arabia carried out their own military strikes against Iran.

In a mid-April letter, Iran’s UN envoy said Tehran will be demanding compensation from five Arab states, charging them with direct involvement and participation in the US-Israeli war.

The 11th China Military Intelligent Technology Expo opened Thursday at the China National Convention Center in Beijing, showcasing a lineup of drones, robotic war dogs, grenade launchers, wheeled unmanned systems, artificial intelligence, and other modern battlefield technologies.

The key takeaway is that many of these once-futuristic war machines have moved well beyond the conceptual stage and are already being tested, fielded, or deployed across multiple Eurasian conflict zones.

pic.twitter.com/cJu65g76ji

— Drone Wars (@Drone_Wars_) May 15, 2026

State media outlet Global Times said the military and intelligence expo features 500 companies and draws tens of thousands of attendees from the defense industry.

This year’s theme focuses on integrating technological innovation with industrial development, highlighting Beijing’s push to accelerate its military intelligence capabilities.

Global Times published images of the latest tech:

Robotic Helicopter

Interceptor Drones

Flying Car

Robo-Dogs

AI

More AI

The real question is: What are the production numbers behind the items on display?

Defense

Sensors

Timing is also important because the expo occurred on the same day President Trump was in Beijing. 

Latest:

• US And China Agree To Establish Trade And Investment Boards As Trump-Xi Summit Delivers Modest Wins

In the U.S., President Trump’s war economy is beginning to ramp up, with the industrial base being pushed toward expanded production of drones, interceptors, and other next-generation weapons systems. This all comes as the world fractures into a more dangerous environment as the global security environment is likely to further deteriorate.

Authored by Jeremy Portnoy via RealClear Politics,

Topline: The homelessness agency in King County, Wash., has a $45 million deficit, but auditors can’t fully figure out why, according to a state audit publicly released this April. Its accounting records are so poor that it’s impossible to track where portions of its money are being spent.

Key facts: The King County Regional Homelessness Authority helps run shelters and outreach to the homeless population in 39 cities. It’s funded jointly by the county and the City of Seattle.

Financial records claim that the city and county owe the Homelessness Authority $49.8 million for services already performed, but the Authority could not explain what $8 million of that was for.

The Authority also overspent its administrative budget by $4.3 million, auditors found. Officials bought Salesforce, a business analytics platform, in 2024 without approval from the county, the report claims. A budget amendment later allowed them to spend $563,000, but the platform ended up costing more than $2 million.

Money was also wasted by hiring contractors from expensive consulting firms like Robert Half instead of using salaried workers, the audit found. The Authority contracted with one Robert Half staffer to serve as its chief financial officer for 11 months at $449,000. When the contract expired, the same person became a full-time employee for just $285,000 per year.

The reliance on contractors also increased staff turnover, which employees told auditors made accounting more difficult since financial systems were constantly being altered by new leadership. 

The Authority was formed in December 2019 and had received $534 million in total funding as of July 2025. Some local leaders, including Seattle Mayor Katie Wilson, said they are open to the idea of dissolving it.

King County Council member Rod Dembowski told the Renton Reporter, “It’s now time for elected officials to bring this failed experiment to an end. The agency has failed in its core obligation – to make significant progress in getting people sheltered.”

Search all federal, state and local salaries and vendor spending with the world’s largest government spending database at OpenTheBooks.com. 

Background: Seattle had almost 17,000 homeless people as of 2024, the fourth-largest population in the U.S. despite being the 18th-largest city. Homelessness increased by 19% from 2023 to 2024.

King County receives $65 million in annual federal funds from the Department of Housing and Urban Development’s Continuum of Care program. Most of it goes to the Homelessness Authority for housing, but the Trump administration is proposing changes that would require most of the money to be spent on “self-sufficiency” programs like job training and addiction treatment.

Summary: Seattle is becoming the largest major city to learn that spending massive amounts of money on homelessness prevention is pointless without careful oversight.

The #WasteOfTheDay is brought to you by the forensic auditors at OpenTheBooks.com