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Thursday, March 26, 2026

France's Finance Minister Roland Lescure revealed on Wednesday that between 30 and 40 per cent of Gulf refining capacity has been damaged or destroyed by Iran's retaliatory strikes, leaving a shortage of 11 million barrels a day on global oil markets. Lescure warned it could take up to three years to restore damaged facilities, and several months to restart those that were urgently shut down.


Leaked database shows how ICE pays off local cops to do their bidding.


Wednesday, March 25, 2026

Deteriorating asset quality, collateral markdowns and a growing rush for the exits are rattling private credit markets and prompting comparisons to the Global Financial Crisis. read more


President Donald Trump took classified documents related to his private business interests from the White House in 2021, according to materials the Justice Department apparently provided to the House Judiciary Committee. read more


U.S. President Donald Trump publicly confirmed on Tuesday that Saudi Crown Prince Mohammed bin Salman has been urging him to maintain an aggressive military posture against Iran, validating a New York Times report that the kingdom's de facto ruler views the ongoing U.S.-Israeli campaign as a once-in-a-generation chance to reshape the Middle East. Asked by a reporter whether MBS was encouraging him on Iran policy, Trump responded bluntly: "He does, he is a warrior. He is fighting with us, by the way."


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More: "These new disclosures suggest that Donald Trump stole documents so sensitive that only six people in the entire U.S. government had access to them, that the documents President Trump stole pertained to his business interests, and that Susie Wiles, then the CEO of Donald Trump's super PAC, witnessed President Trump showing off a classified map to passengers on his private plane," Raskin said in the letter.

Raskin asked Bondi to tell lawmakers in a classified setting who was on the plane, what the map showed and which of Trump's various business interests were relevant to the documents. The letter includes an image of an aircraft manifest with a redacted passenger list from a 2022 flight from Florida to New York.

A grand jury indicted Trump in 2023 for improperly taking classified documents and obstructing a federal investigation. According to the indictment, the papers included "information regarding defense and weapons capabilities of both the United States and foreign countries; United States nuclear programs; potential vulnerabilities of the United States and its allies to military attack; and plans for possible retaliation in response to a foreign attack."

The FBI determined some of the documents Trump withheld "would be pertinent to certain business interests" of Trump's, Raskin said, quoting from material he said the Justice Department gave the judiciary committee earlier this month. And a Justice Department memo said "classified documents pertinent to his business interests" established "a motive for retaining them."

Jack Smith, the special counsel overseeing the documents case as well as a separate criminal case against Trump for trying to overturn the 2020 election results, dropped the prosecutions after Trump won the 2024 election. Smith made a public report of the election case, but District Court Judge Aileen Cannon has blocked the release of Smith's report on the documents case.

"Apparently blinded by the frenzied search to find any scrap of evidence that could be twisted and distorted to level an attack against Special Counsel Smith," Raskin wrote, "you have, quite amazingly, missed the fact that some of the documents you provided include damning evidence about your boss's conduct and may well violate the gag order your DOJ and Donald Trump demanded from Judge Aileen Cannon."

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