🇺🇸🇨🇳 Philip Pilkington on X: As investors start to realise that there is a massive AI bubble in the US - caused by companies creating artificial demand for their chips - Huawei ramps up production for tangible domestic demand caused by US chip sanctions. It’s getting hard to watch.

🔗 Philip Pilkington

🇮🇷🇮🇱 Patricia Marins on X: Iran doesn't waste time, and Israel is aware of this.

During the 12-day conflict, I pointed out that Iran would have over 20,000 missiles with the range to target Israel. This arsenal has been built over 20 years and includes more than 15 different models of ballistic and cruise missiles.

Then someone says, "But I read that Iran only has 2,000 to 3,000 missiles."

Look, that information comes from the same guys who told us about Russian missiles in 2022—what a surprise!

There’s no way a military industry like Iran’s would take 20 years to produce only 2,000-3,000 missiles.

We are talking about a defense industry entirely focused on missiles, three times larger than North Korea’s, and one of the biggest missile industries in the world.

So, where are these missiles? I estimate that most of them are cruise missiles, with around 5,000 to 8,000 ballistic missiles.

However, these missiles need to be reconditioned every 5-8 years. This is likely what Iran has been ramping up at this moment.

Large arsenals often do not perform these reconditioning cycles, especially when the industry is announcing new missile models. Reconditioning involves replacing the fuel and, often, the explosive payload. For cruise missiles, this process is a bit simpler but also costly.

As a result, the fuel that would be used for new models is instead spent reconditioning older missiles. In a vast arsenal, this impacts costs and the logistics of chemical supplies.

Iran cannot prioritize reconditioning cruise missiles because their ability to cross the Gulf states and reach Israel without being targeted has become limited. Iran is focusing on ballistic missiles, and Israel and the United States are aware of this.

In addition to this process, there's another underway: the expansion of rotational silos, which are vital for maintaining Iran’s retaliatory capacity.

All of this takes time, but Iran is carrying out work at various facilities quickly, monitored by Western satellites.

The war could happen at any moment, but no one knows exactly when.

🔗 Patricia Marins

🇺🇸💸 The US government shutdown:

For the first time since 2018, the US is about to enter a government shutdown and investors are bracing for it.

This would furlough 750,000 workers PER DAY, costing ~$400M in daily compensation.

What does it all mean? Let us explain.

🧵 https://fxtwitter.com/KobeissiLetter/status/1973107796536361038

🇩🇴❌🇻🇪🇨🇺🇳🇮 — The Dominican Republic announces that it will NOT invite the Dictatorships of Venezuela, Cuba, and Nicaragua to the upcoming Summit of the Americas in Santo Domingo.

🇸🇪🛸❗️ — Unknown drone spotted near Ronneby Airport in Sweden.

A Civilian plane flying from Stockholm had to be diverted

🇸🇪🛸❗️ — Swedish Police says it responded to a reported drone sighting near Ronneby Airport around 21:00.

➡️ A flight from Arlanda briefly diverted toward Kalmar but later landed safely in Ronneby.

Authorities stress the drone sighting is unconfirmed. The last departure was at 19:47, last arrival at 22:32 local time.

🇻🇪🇻🇪🤝🇳🇮🇧🇴🇨🇴 — Nicolás Maduro says he has received messages from military personnel in neighboring countries offering to defend him; sources say that countries such as Nicaragua, Bolivia, and Colombia are organizing to provide military support to the leader of the Venezuelan regime:

“If they touch Venezuela, they touch us, and we will once again have to unite into a single army, a united liberating army of South America, to confront any imperialist aggression.”

🇻🇪🇻🇪 — Nicolás Maduro: "I can swear to you that Venezuela will be neither anyone's backyard nor anyone's colony."

🇻🇪⚡️📉 — Venezuelan channels report a strong electrical fluctuation in multiple areas of Venezuela, as once again the electric grid of Venezuela shows instability

https://news.1rj.ru/str/worldconflicts/50042

🏴❌🇨🇦❗️ — Multiple people have been shot at a Laval Starbucks, located north of Montreal, Canada, local media reported.