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Humanoid Robots Remain Years Away From Replacing Human Workers

Humanoid Robots Remain Years Away From Replacing Human Workers



https://cointelegraph.com/news/ai-humanoid-robots-years-away-from-replacing-human-workers,

AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages.



Modern artificial intelligence-powered robots are impressive in their capabilities, but are still years away from replacing humans as they can't yet adapt to changing conditions, researchers say.

Last month, AI robotics company Figure showcased its humanoid robots performing basic tasks, such as cleaning a room, but a series of robots working for nine days straight sorting packages sparked conversation about how soon robots could replace jobs.

Welcome to Day 9 of our humanoid livestream: 191 consecutive hours and 238,000 packages.
- Figure (@Figure_robot) https://twitter.com/Figure_robot/status/2057506871440003212

Oliver Obst, an associate professor of robotics at the Australia based University of New South Wales, told Cointelegraph that repetitive jobs such as physical work in structured environments are currently most at risk of being replaced by robots, while administrative and document-processing tasks could be replaced by AI.

There has been growing concern that AI and robots will replace people in jobs as technology advances. A https://www.challengergray.com/blog/challenger-report-april-job-cuts-rise-38-from-march-ytd-cuts-down-50/ from workforce consulting firm Challenger, Gray and Christmas found that US companies have laid off an estimated 49,135 people in 2026 due to AI.

However, Obst said that humanoid robots are unlikely to see a mass rollout soon because they don't appear to be more efficient or less error-prone than current robotic manufacturing methods.

"Even in relatively structured settings, they still face problems with reliability, speed, safety, cost, and recovery from unexpected situations," he said. "The harder the environment is to control, the harder the robotics problem becomes. Most human jobs involve more variation and more judgment than the package-sorting demonstration."

"I would not say we are at the point of mass replacement by humanoid robots. We are much closer to the selective automation of some tasks. AI software is moving faster and is already affecting some forms of information work, but physical robots still have a much harder problem to solve."

In another video in May, a human worker managed to sort more packages compared to a team of Figure's robots, which swapped out when needing a recharge. Figure CEO Brett Adock said it would be the last time "a human will ever win."

Congrats to Aime!! He said his left forearm is basically broken. Final scores: F.03: 12,732 packages (2.83 seconds/package) - Aime: 12,924 packages (2.79 seconds/package). This is the last time a human will ever win.
- Brett Adcock (@adcock_brett) https://twitter.com/adcock_brett/status/2056211711859003466

People Still Better Than Bots In Some Areas

Markus Levin, co-founder of decentralized data network XYO, said AI models and automation software can perform repetitive tasks with far greater consistency and endurance than humans; however, robots still require charging, maintenance and supervision.

A https://ifr.org/ifr-press-releases/news/global-robot-demand-in-factories-doubles-over-10-years from the International Federation of Robotics found that global demand for factory robots has doubled over the last decade, with warehouses and logistics among the fastest-growing areas of adoption.

"I believe broad human replacement is still likely years away," Levin added, "Reliability, safety, regulation, infrastructure costs, and trust remain major barriers to full-scale deployment across society. The challenge is no longer simply making machines capable of acting but ensuring they can operate safely and reliably as they take on greater autonomy."

Dr Francisco Cruz Naranjo, a senior lecturer at the University of New South Wales with a PhD in robotics, said the efficiency of robots compared to people depends heavily on the activity and the environment.

"Robots are much better at repetitive tasks without the need for constant pauses, as showcased in the Figure livestream. However, in highly dynamic environments, robots still struggle to quickly adapt to changing conditions," he said.

"Humans, in this case, are much better. This is precisely why robots at the moment are highly efficient in controlled environments, such as factories, but they have not yet succeeded widely in home settings."

Naranjo said repetitive jobs performed in a less static setting are at risk of being replaced by robots, but it will depend on how quickly research advances and how quickly society adapts in areas like making spaces robot-friendly, which is likely years away.

Robots In Society Could Be Beneficial

Naranjo and Obst said that a mass rollout of robots in the workforce could be of some benefit, such as improving work-life balance, increasing the workforce in areas with shortages, and addressing dangerous environments that are too risky for humans.

"The social question is harder. If robots make dangerous work cheaper in human terms, that can be good. But it can also have unintended consequences. For example, keeping humans out of harm's way in military operations may save lives, but it could also lower the perceived cost of conflict," Obst said.

"Hypothetically, if we became very successful at automating almost all work, then society would need to rethink economies that are currently built around individual wages and employment."

https://cms.zerohedge.com/users/tyler-durden
Thu, 06/04/2026 - 06:30

https://www.zerohedge.com/ai/humanoid-robots-remain-years-away-replacing-human-workers
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UBS Warns El Nino May Intensify Food Inflation Across Asia

UBS Warns El Nino May Intensify Food Inflation Across Asia



By now, readers have a clear understanding that the Gulf-driven energy shock is on course to collide with a https://www.zerohedge.com/weather/meteorologists-warn-about-super-el-nino-event, creating what could be a dangerous second-order shock to food supply chains around the world.

The concern is that extreme heat and disrupted rainfall patterns could hit top agricultural growing belts, dent harvest output, and amplify existing supply stress. Even before those weather-driven impacts fully materialize, https://www.zerohedge.com/commodities/vegetable-oil-inflation-sends-world-food-prices-higher are already rising, suggesting that fertilizer and elevated diesel prices are beginning to be transmitted through the broader food supply chain.



Our Tuesday note on https://www.zerohedge.com/commodities/grain-feeds-half-world-just-posted-biggest-monthly-surge-2008, a regional Asian benchmark, surging 20% in May, the largest monthly increase in data going back to 2008, is another warning signal that the price action in the grain feeding half the world has entered a new upward impulse.



The troubling move in rice prices, including a 15% surge in Chicago rice futures last month, indicates that food-inflation pressures are already materializing. The concern is that these pressures could materially worsen once El Niño-driven weather disruptions begin affecting key growing regions.

UBS analysts led by Leigha Miyata published a note titled "Food Inflation & El Niño Evidence Check," confirming what we have been tracking for months: the Middle East-driven fertilizer shock is now moving through the global food supply chain just as El Niño risks rise, creating the potential for an inflation surge across Asia later this year into 2027.

Miyata noted that El Niño odds currently stand around 82% for May to June and 96% for December into early 2027, raising the risk of hotter, drier conditions across South and Southeast Asia that could pressure harvests.

Via Miyata ...

El Niño likelihood raised to 82%; expect Asia to be hotter and have less rain:

The El Niño is likely to emerge soon (82% chance in May-July 2026) and continue through Northern Hemisphere winter 2026-27 (96% chance in Dec 2026-Feb 2027, NOAA). Historical patterns show higher temperatures in Indonesia and northern Australia (Figure 1). Temperatures are normally lower in South Korea and Japan, though a "super El Niño" could reverse this, bringing intense heat and rainfall. Precipitation is lower in South and Southeast Asia, posing risks to harvests (Figure 2). Other El Niño impacts include higher power demand, lower supply, and increased disease risk (see p3).









Fertilizer Prices - Urea prices correcting, now +23% since the Iran conflict started:

Though nitrogen supply remains tight, we have seen diverging trends in the last few weeks on the product level. Ammonia pricing has been stable to higher, UAN pricing has been stable, while urea pricing has seen downward corrections, $190/MT (~23%) lower than its peak level in April. Overall the UBS chemicals team see this pointing to the market having moved past peak seasonal tightness, with 2Q likely marking the high point. We believe structurally tight supply from restricted trade flows and constrained production will continue to support the pricing outlook for 2H26/2027 above the cost curve however, and note that physical market flows have yet to improve (full report).

Gov't measures have been helpful, but inflation is rising across Asia:

The FAO Food Price Index averaged 130.7 points in April 2026, up 1.6% from March, marking a third consecutive rise but at a slower pace. Gains in vegetable oils, meat, and cereals were partly offset by declines in sugar and dairy. The index was 2.0% higher year-on-year but remained 18.4% below its March 2022 peak. Inflation across all major Asian economies is increasing with the exception of Indonesia and Japan, and corn futures for 2026/2027 are up ~4%/5% since the Iran conflict started. UBS economists explain that inflation was likely lower in many Asian economies due to quick policy-action post Iran conflict, but that inflation will likely rise going forward (full report). In the Philippines, the level of inflation has shot up from 2.3%/3.9% in Feb/Mar to 7.1% in Apr. In Thailand, deflation in Feb/Mar has shifted to 2.9% inflation in April (Figure 5). For Japan, there are no clear signs yet of strong inflationary pressure from Middle East tensions. However, we expect national CPI for May to pick up slightly to 1.5% from 1.4% in April, suggesting April was likely the trough. Food inflation in Japan decelerated from 4.6% YoY in April to 4.1% YoY in May, though on a MoM basis, food inflation rose 0.3% (full report).



Packaging and freight costs are up; El Niño in 2026-27, fertilizer impact in 2027:

Plastic packaging prices in Japan are reported to be up 20 to 30%. This together with transport costs are expected to raise food prices, but this is not yet visible in the data for Japan. If El Niño materializes, we may see drought impact the harvests in Sep 2026- and Apr 2027- in South and Southeast Asia. Higher fertilizer costs may also affect harvests from April 2027 onwards.

UBS views on El Niño impacts

1. Agri-business: Tightening global balances and large speculative shorts mean an El Niño-driven disruption to India's monsoon could reduce sugar production by ~3–8mn tons YoY and trigger price spikes.

2. Agriculture & Inflation (India): El Niño-driven weak monsoon risks (forecast ~92% of normal rainfall) could lift food inflation, though only ~21% of CPI is directly impacted, limiting first-round effects but raising second-round risks if shocks persist.

3. Health Care (Brazil): El Niño-driven changes in mosquito patterns could increase dengue cases, with prior events (2023/24) coinciding with record infections (~6.6mn cases).

4. Thermal coal / Power demand: A potential "super El Niño" could drive extreme heat across Asia, boosting electricity demand (especially for cooling) and increasing coal demand and imports, tightening seaborne markets.

5. Hydropower / Power supply: El Niño-related rainfall shifts could reduce hydro generation in LatAm and Africa, further supporting demand for thermal coal.

6. Insurance / Reinsurance: El Niño conditions are associated with below-average hurricane activity, which could improve insurers' near-term book value but pressure pricing due to increased capital supply. In Australia, El Niño years tend to have lower catastrophe losses, though drought and bushfire risks rise.

Figure 6: Real GDP growth %y/y: pre- and post-Iran conflict



Figure 7: Asia's inflation likely to pick up on base effects



Figure 12: Energy/fertilizer shock impact chain



Figure 13: Thailand and India are likely to be negatively impacted in APAC. All importers, including Japan will face higher prices



Related:

-
https://www.zerohedge.com/personal-finance/we-are-6-months-global-food-shortages-because-farmers-are-facing-quadruple-whammy


-
https://www.zerohedge.com/geopolitical/everyone-talks-about-cost-gasoline-soon-everyone-will-be-talking-about-cost-food

Last month, ZeroHedge Debates held a roundtable to ask, "https://www.zerohedge.com/energy/fertilizer-how-bad-will-it-get?"

https://www.zerohedge.com/signup/professional-membership-year can read the full "Food Inflation & El Niño Evidence Check" https://marketdesk.ai/standalone/XiX5dAoFrE4 at our new https://marketdesk.ai/ port.

https://cms.zerohedge.com/users/tyler-durden
Thu, 06/04/2026 - 05:45

https://www.zerohedge.com/commodities/ubs-warns-el-nino-may-intensify-food-inflation-across-asia
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BBC Sinks To A New Low...

BBC Sinks To A New Low...



https://modernity.news/2026/06/03/bbc-sinks-to-a-new-low/,

The BBC has once again demonstrated its role as a partisan propaganda machine rather than a neutral public broadcaster.



On its flagship evening news show Newsnight, presenter Matt Chorley repeatedly claimed Reform UK leader Nigel Farage called for a "white cold rage" in response to the murder of 18-year-old student Henry Nowak.

Yet Farage said no such thing. He called for "pure cold rage" - a measured, determined pushback against institutional failures and anti-white bias in policing and justice.

The BBC had just sunk to a new low.

On Newsnight last night, presenter Matt Chorley claimed Nigel Farage said people should respond to the murder of Henry Nowak with "white cold rage".

Nigel DID NOT SAY THIS.

The insertion of the word "white" by the BBC is obviously... https://t.co/OwFxXNUy5N
- Zia Yusuf (@ZiaYusufUK) https://twitter.com/ZiaYusufUK/status/2062078075597148366

Chorley repeated the fabricated racial angle three times. The insertion was no accident. It transformed a call for equal justice and accountability into something that could be painted as divisive racial incitement.

When caught, Chorley issued a tepid apology on X, claiming a "misremembering" while insisting it "didn't change the content of the interview."

I owe Nigel Farage an apology.

During last night's Newsnight we covered the murder of Henry Nowak and the political reaction to the case, including discussing Nigel Farage's comments about "pure, cold rage".

However I referred to "white cold rage". This was a mistake on my part, a misremembering of the quote. It didn't change the content of the interview but I should have got the quote right. I apologise to Nigel Farage for this.
- Matt Chorley (@MattChorley) https://twitter.com/MattChorley/status/2062091222584262760

Critics across the board rejected that claim outright.

Of course it changed the content of the interview, it added racially inflammatory comments where there were none. You'd never have made a similar revealing slip THREE times using black instead of white.

Reflects your innate bias and that of the BBC.

And I don't trust Farage...
- Mark Kingsley-Williams (@Mark_A_K_W) https://twitter.com/Mark_A_K_W/status/2062095123505168493

Pure cold rage became "white cold rage" because the institutional mindset equates any pushback against two-tier standards with whiteness.

Completely unacceptable. Nigel Farage said "pure cold rage" and the BBC decided to report it as "white cold rage".

This is why fewer and fewer people trust the BBC. They created BBC Verify to counter misinformation, but they are the biggest culprits of misinformation. https://t.co/DRFJiCc209
- Chris Rose (@ArchRose90) https://twitter.com/ArchRose90/status/2062082840049664019

Fuck off. You knew EXACTLY what you were doing.

Stop taking us for fools. We're sick of it, Matt.
- Professor Dr King Mike ? (@MikeSouthWestUK) https://twitter.com/MikeSouthWestUK/status/2062094965841215830

If GB News did this to a left wing politician Ofcom would have raided the building by now.

Will the BBC be taken off air?

During a crucial byelection too. https://t.co/jFVGmDa9sh
- Zia Yusuf (@ZiaYusufUK) https://twitter.com/ZiaYusufUK/status/2062093715275932160

A full on-air correction and explanation of what Farage actually said is the minimum standard for any credible outlet. The pattern of one-directional "mistakes" - always inflating racial angles against critics of mass immigration, DEI, or institutional bias - tells its own story.

The Henry Nowak case has exploded back into the headlines following the release of the horrible Bodycam footage of the incident and the trial of his murderer. Nowak lay on the ground bleeding heavily, repeatedly telling officers "I've been stabbed" and "I can't breathe." Instead of providing urgent medical aid, officers dragged him across gravel, handcuffed him, and initially treated him as a suspect based on Digwa's false racism allegations and minor complaints about a swollen eye.

Digwa was not handcuffed at the scene. His family stood over the dying victim pushing the race narrative. Hampshire Police's initial statement claiming quick life-saving measures was later deleted once the footage emerged. Protests followed the footage release. Some turned violent in Southampton last night, with clashes injuring officers.

This latest incident fits the established pattern of BBC editorial choices that downplay or twist stories challenging progressive narratives on policing, identity politics, and institutional bias. Previous coverage on the same programme saw presenter Victoria Derbyshire act surprised when an ex-cop refused to excuse the initial response to Nowak. The discomfort was palpable as facts about prioritising a false racism claim over a dying victim's pleas were laid out.

An ex-police officer appearing on BBC Newsnight described the response as "unfathomable." Basic procedure demands prioritising medical assessment for anyone reporting stab wounds and bleeding out, not handcuffing or accepting unverified claims from the attacker. The Independent Office for Police Conduct is investigating. Nowak's father demanded transparency, stating his son "did not die with dignity" and that being read his rights was among the last things he heard while dying.

The BBC consistently frames cases involving white victims and minority perpetrators through a lens that protects DEI-influenced institutions while pathologising any demand for colour-blind standards.

The "white cold rage" fabrication is the latest example of this reflexive racialisation - turning legitimate fury over two-tier policing into a smear. It mirrors broader BBC output that has portrayed Islamist issues sympathetically, pushed contested social agendas, and faced lawsuits over distorted editing, including the ongoing Trump case. The organisation's charter obligations on impartiality appear secondary to its institutional worldview.

Farage's actual words on the Nowak case called for cold, principled determination to restore equal treatment before the law - not hot-headed violence or racial payback. The BBC's version injected race where Farage spoke of universal standards trashed by fear of labels. That single word change reveals more about the presenter's and the organisation's priors than about Farage.

We also knew this would be the leftist establishment playbook in the Nowak case when it finally received the attention it warranted.

Public trust in the BBC continues to erode precisely because of episodes like this. Licence fee payers subsidise an outlet that treats one side of the political spectrum as requiring constant racial vetting while giving institutional failures a pass.

Reform voices and ordinary citizens demanding accountability for the Nowak case and similar incidents are not the problem. The problem is an entrenched media class that cannot report straight when the facts challenge their worldview.

The weak apology changes nothing substantive. Full transparency, on-air correction, and serious consequences for editorial failures would be the start of rebuilding credibility. Until then, the BBC remains what its actions show it to be: a publicly funded vehicle for advancing selective narratives rather than pursuing truth.

Those who value free speech, equal justice, and genuine accountability know the only long-term answer involves stripping away its compulsory funding and letting it compete in the open market like every other outlet.

https://cms.zerohedge.com/users/tyler-durden
Thu, 06/04/2026 - 05:00

https://www.zerohedge.com/geopolitical/bbc-sinks-new-low
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Germany, France, UK See Opportunity To Revive Putin Talks Without Washington

Germany, France, UK See Opportunity To Revive Putin Talks Without Washington



Europe's most influential powers of Germany, France, and the United Kingdom are trying to again jump-start Ukraine war peace talks, collectively operating as the E3 group.

They seek to implement a new framework aimed at engaging Russian President Vladimir Putin in direct negotiations to end the war. Reuters on Wednesday https://www.reuters.com/world/europe/germany-sees-window-opening-eu-russia-dialogue-e3-seen-key-2026-06-03/ that "A window for dialogue is slowly opening between Russia and Europe on Ukraine, ​although it is likely to be months before talks can ‌begin, a German government official said at a briefing on Wednesday."

It seems this window of opportunity is based to some degree on perceptions that the war tide and momentum is finally shifting in Ukraine's favor, given the increasing effectiveness of Ukraine's devastating cross-border drone attacks of late.

European leaders apparently view the current battlefield and political dynamics as having strengthened Kiev's bargaining position, creating what they believe is the optimal moment to press Moscow for talks.

Zelensky himself is suddenly talking about directly engaging Putin this week, saying that he's 'ready' to go to the table:

🇺🇦🇷🇺Zelensky just went nuclear on the wait-and-see game:

“I’m ready for direct negotiations with Putin RIGHT NOW! Not sitting in line while the world finishes every other war first.”https://t.co/yLEkLAc9zD
— Mario Nawfal (@MarioNawfal) https://x.com/MarioNawfal/status/2062216491534078074?ref_src=twsrc%5Etfw
The groundwork was reportedly laid in late May, when Zelenskyy sat down for a high-stakes meeting with French President Emmanuel Macron, UK Prime Minister Keir Starmer, and German Chancellor Friedrich Merz.

The leaders have sought to revamp the entire Western negotiation strategy, presenting a fiercely united European front, at a moment the Trump administration is seen as on the sidelines, or even perhaps ambivalent and apathetic to the question of Ukraine peace.

The EU has been pushing back against external influence on selecting negotiators for peace talks, and apparently trying to wrest any potential peace framework from Washington influence. It was the US leading the way on this, but nothing has happened especially since the Iran war took prominence in the US administration's thinking.

Europe's traditional power brokers are desperate to prove they still hold the leverage to dictate the terms of their own backyard security. Whether Putin feels any compelling reason to play ball with the E3 framework remains an entirely different question of course.

But according to more from https://www.reuters.com/world/europe/germany-sees-window-opening-eu-russia-dialogue-e3-seen-key-2026-06-03/, "The German official said recent fighting indicates it is likely to take months, rather than weeks, to reach a point where ​talks could begin, and ​that it was ⁠key to ensure they were conducted in full agreement with Ukraine."

Russia x Ukraine ceasefire agreement by October 31, 2026?

Yes 30% · No 71%
https://polymarket.com/event/russia-x-ukraine-ceasefire-agreement-bySo for now it seems the battlefield will continue to determine who has the leverage or not, as each continues inflicting more and more pain on the other. Russia's aerial attacks on Ukrainian cities have only grown more deadly and expansive. The same cam be said for Ukraine's cross-border drone attacks on Russian territory, which on Wednesday wreaked havoc on St. Petersburg.

https://cms.zerohedge.com/users/tyler-durden
Thu, 06/04/2026 - 04:15

https://www.zerohedge.com/geopolitical/germany-france-uk-see-opportunity-revive-putin-talks-without-washington
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After Murder Of Henry Nowak, Amnesty International Condemns Right Wing 'Political Commentary'

After Murder Of Henry Nowak, Amnesty International Condemns Right Wing 'Political Commentary'



https://rmx.news/article/i-cant-breathe-after-murder-of-henry-nowak-amnesty-international-condemns-political-commentary-from-the-right/

Amnesty International’s reaction to the murder of Henry Nowak has prompted outrage, with the organization having nothing to say about the atrocious and inhumane actions of the police during the incident, but sharply condemning the “political commentary” in the wake of Nowak’s death.

“At a time when hate crimes are rising, and violence and fear are becoming a daily reality for people of colour and migrants, calls for ‘cold, hard rage’ are completely reckless. Henry Nowak’s murder is an awful tragedy and his family have said “we do not want his death to be used to create further division, hatred or tension”. The very least politicians can do is respect that,” https://www.amnesty.org.uk/latest/statement-on-political-commentary-after-the-tragic-murder-of-henry-nowak/



Not everyone is happy about Amnesty International’s remarks on the case, which has up until now, said nothing about the manner in which the police handcuffed a dying Nowak as he bled out from eight stab wounds.

Swedish MEP Charlie Weimers wrote on X, “Amnesty has been morally bankrupt for a long time. A pure left-wing organization."

Amnesty är moraliskt bankrutt sedan länge. En ren vänsterorganisation. https://t.co/6W2UaEgNdW
— Charlie Weimers MEP 🇸🇪 (@weimers) https://x.com/weimers/status/2062039587673772089?ref_src=twsrc%5Etfw
He was responding to a comment from Lauren Chen, who wrote:

“Incredible statement from Amnesty International UK on Henry Nowak: Not a single word of conveying outrage or horror over the brutal murder, or of how police left him to die without dignity. Instead, their statement is about policing the political commentary around the case. I kid you not. What a grotesque betrayal of any moral purpose.These NGOs aren’t just useless – they actively despise you. They are hostile to everything you value and everything you hold dear.”

Amnesty International, however, is known for its pro-migration and left-wing stances and has a long history of funding from the Open Society Foundation of George Soros. Nevertheless, the organization is often critical of police conduct, which makes it all the more remarkable that the organization has nothing to say about the police’s actions in this case.

🇬🇧 The distressing bodycam footage of Henry Nowak's final minutes has been released by the Crown Prosecution Service.

Henry was stabbed by Vickrum Digwa, with an 8-inch blade he said he carried as part of his Sikh faith, while walking home alone in December last year in… https://t.co/mIM1BgGdkj
— Remix News & Views (@RMXnews) https://x.com/RMXnews/status/2061570963838267789?ref_src=twsrc%5Etfw
The Southampton officers in the case disregarded Nowak’s pleas for help while immediately taking the claims of Vickrum Digwa, who said Nowak made racist comments to him, at face value. Notably, Nowak told the police multiple times that he had been stabbed and warned them: “I can’t breathe.” When he told the officer he had been stabbed, the officer replied, “I don’t think you have, mate.”

At the same time, the murder weapon was given to his mother, and police later found it at the family home along with more than 20 other weapons. His mother is due to be sentenced for removing the murder weapon from the crime scene.

The Nowak case has many parallels with the George Floyd case, where Police Officer Derek Chauvin was controversially convicted for murdering Floyd after placing him in handcuffs and kneeling on his back while Floyd said, “I can’t breathe.” Although the left weaponized the case, sparking mass riots the resulted in billions of damage across the United States, Amnesty International never condemned the left’s political rhetoric in the Floyd case. The Soros-funded organization also never condemned the mass riots, which left stores and homes burned out across major American cities.

If anything, Amnesty International’s “political commentary” around the case only served to inflame tensions and put vulnerable communities under further threat.

This double standard has not been lost on English protesters, who gathered in the streets and chanted “I can’t breathe,” at police officers in Southhampton yesterday, before unrest broke out. Notably, no shops were burned and no businesses harmed during the small-scale unrest — a far cry from the mass riots following Floyd’s death.

JUST IN: 🇬🇧

Thousands of English protesters chant, "i can't breathe," in front of the Southampton police station.

They are protesting the treatment of Henry Nowak by British police, who handcuffed the youth as he lay dying from multiple stab wounds.https://t.co/kXg35Rnw1R
— Remix News & Views (@RMXnews) https://x.com/RMXnews/status/2061889147917255102?ref_src=twsrc%5Etfw
The murder of Nowak had sparked anger across Britain, but parties on the right, in particular, have been the most critical. Amnesty International appears unhappy that political commentators are pointing out the racial double-standard at work, including the police immediately taking the side of the murderer because he cried, “racist.”

Meanwhile, the leader of Restore Britain, Rupert Lowe, is making headlines for his call to return the death penalty for killers like Digwa.

A Restore Britain Government would give the British people a referendum on removing men like Digwa from society for good.

The ultimate deterrent.

The death penalty. https://t.co/yaXWeOnKXa
— Rupert Lowe MP (@RupertLowe10) https://x.com/RupertLowe10/status/2061889895329599545?ref_src=twsrc%5Etfw
His proposal has now received backing from Elon Musk.

It is this or death https://t.co/zCDJXO9gW1
— Elon Musk (@elonmusk) https://x.com/elonmusk/status/2061810503681462391?ref_src=twsrc%5Etfw
All of this explains Amnesty’s position and why that organization will never try to hold the police accountable for their actions in the Nowak murder case.

https://rmx.news/article/i-cant-breathe-after-murder-of-henry-nowak-amnesty-international-condemns-political-commentary-from-the-right/

https://cms.zerohedge.com/users/tyler-durden
Thu, 06/04/2026 - 03:30

https://www.zerohedge.com/political/after-murder-henry-nowak-amnesty-international-condemns-right-wing-political-commentary
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EU Could Lose 1.3 Million Jobs Due To Energy Price Surge From Iran War

EU Could Lose 1.3 Million Jobs Due To Energy Price Surge From Iran War



Up to 1.3 million jobs across the EU are at risk because of the ongoing war in the Middle East, European Commissioner for jobs Roxana Mînzatu said on Wednesday.

"Due to the war in the Middle East, up to 1.3 million jobs are at risk, particularly in energy-intensive industries," Mînzatu said at a press conference.



"Let me also underline that increased energy costs will have a particular negative impact on lower-income households in Europe, which is why we recommend that all member states take targeted measures so that they can support vulnerable groups," the Commissioner added.

According to the report, the EU automotive sector could face ​the biggest layoffs of up to 600,000. Construction, metals, chemicals, transport could lose 56,000 jobs. Some 85,000 jobs in battery projects could be at risk ​and 58,852 ​jobs ⁠in solar manufacturing. Another 4,500 jobs could go in the ​steel sector because of low-carbon ​measures.

In a stagflationary double whammy, Low-income ⁠households could spend an additional 1.4% of income on transport fuel.

As https://finance.yahoo.com/economy/policy/articles/1-3-million-eu-jobs-135221651.html reports, the warning came during the presentation of the 2026 Spring Semester Package, a bi-annual publication by the EU executive that provides guidance to the 27 member states on the bloc's economic priorities.

The conflict has already had tangible effects on the European economy, with energy prices surging as a result. According to the latest European economic forecasts published in May, the war has slowed European growth while pushing inflation higher. Yesterday we learned that https://www.zerohedge.com/economics/euro-area-inflation-tops-30-first-time-2023-cementing-ecb-rate-hike, cementing an ECB rate hike next week.



Economic data on growth and inflation vary sharply across the EU, a disparity the Commission considers a threat to competitiveness.

Key priorities

The package dedicates significant space to employment, focusing on the promotion of quality jobs and how EU countries can tackle persistent shortages of skilled workers in strategically important sectors.

"Improving educational outcomes and better aligning people's skills with labor market needs remain key priorities, also to address labour and skills shortages which are particularly acute in strategic sectors such as cybersecurity, quantum, artificial intelligence and semiconductors," the Semester Package states.

At the press conference, Mînzatu said that 77% of European companies report that skill shortages remain a significant barrier to investment. She identified poor working conditions as the main driver of those shortages.

"We cannot attract talent, we cannot reduce shortages, we cannot improve people's earnings without making sure we have good working conditions," the Commissioner said.

Since the beginning of this mandate, European Commission President Ursula von der Leyen has made competitiveness one of the Commission's highest priorities as geopolitical uncertainties mount.

The latest Semester Package reflects this, focusing on how Europe can strengthen its position on the global stage.

In particular, the bloc wants to reduce economic barriers in the single market, create a more business-friendly environment for companies and capital, and minimise strategic dependencies – especially on China and the US.

To that end, the Commission is pushing member states towards a more robust industrial policy, greater investment in capital markets, and a simplification agenda that would, among other things, reduce administrative burdens both in the private and public sector.

In parallel, the Commission is working to accelerate economic reforms at the EU level, though progress relies heavily on the willingness of member states to act – a longstanding coordination challenge.

https://cms.zerohedge.com/users/tyler-durden
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Iran To Deepen Ties With 'Principal Strategic Partner' China: Ghalibaf

Iran To Deepen Ties With 'Principal Strategic Partner' China: Ghalibaf



https://thecradle.co/articles/iran-to-deepen-ties-with-principal-strategic-partner-china-ghalibaf

Iranian Parliament Speaker and special representative for China affairs, Mohammad Bagher Ghalibaf, held the first joint meeting with key economic officials on Wednesday to align Tehran's economic strategy toward Beijing.

The session in Tehran included the ministers of economy, oil, and industry, alongside the central bank governor and the head of the Plan and Budget Organization.



The assembly focused on establishing a unified government approach to elevate bilateral relations and coordinate the administration's economic priorities. During the proceedings, officials evaluated China’s economic conduct amid the US-Israeli war on Iran and the closure of the Strait of Hormuz to the US and Israel.

Participants agreed to submit formal proposals to Ghalibaf to resolve outstanding challenges and deepen cooperation. 

This coordination effort supports a developing strategy to position China as Iran’s “principal strategic partner” while expanding collaboration on regional and international issues.

Roughly 30 China-linked vessels crossed the Strait of Hormuz https://thecradle.co/articles/dozens-of-china-linked-vessels-cross-hormuz-under-iranian-supervision in mid-May under the supervision of Iran's Islamic Revolutionary Guard Corps (IRGC) Navy. 

These transits follow a “management protocol” established after Iran restricted the waterway to US and Israeli-linked vessels in February. 

While the strait remains largely closed, passage is permitted for commercial ships that comply with Iranian naval procedures and utilize designated corridors 

In parallel, since the 'illegal' US blockade on Iranian ports was implemented in April, Iran has tripled its rail exports of oil and liquefied petroleum gas (LPG) to China in an effort to bypass the economic stranglehold. 

Iran's special representative for China affairs https://x.com/mb_ghalibaf?ref_src=twsrc%5Etfw held a joint meeting with the ministers of economy and oil, the Governor of the Central Bank of Iran (CBI), the head of the Plan and Budget Organization, and the Minister of Industry, Mine, and Trade. https://t.co/0qHZlb2zIm
— IRNA News Agency ☫ (@IrnaEnglish) https://x.com/IrnaEnglish/status/2062144106898338229?ref_src=twsrc%5Etfw
Freight trains on the 10,400-kilometer corridor now depart every three to four days, a significant increase from the previous weekly schedule, and halve traditional sea transit times to roughly 15 days.

Despite this, rail capacity remains a modest alternative to maritime shipping; one train carries 60,000 to 70,000 barrels of oil, while large tankers can transport upwards of 2 million barrels.

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US Formally Rejects Somaliland Sovereignty In Blow To Israel

US Formally Rejects Somaliland Sovereignty In Blow To Israel



https://www.middleeasteye.net/news/us-reaffirms-somali-sovereignty-blow-somaliland-and-israel

The US has reaffirmed “the sovereignty and territorial integrity” of Somalia, in a move seen as a blow to Somaliland, the breakaway region recently recognized by Israel and close to the United Arab Emirates. In a https://www.state.gov/wp-content/uploads/2026/05/Somaliland_Congressional_Report-Accessible-HRC1399311.pdf%C2%A0 to Congress on “Potential Areas for Improved United States Engagement with Somaliland”, the US State Department stated that Somaliland was included in the Federal Republic of Somalia.

“Within that framework, the United States maintains a positive, constructive relationship with Somaliland and continues to explore additional opportunities for engagement with Somaliland authorities,” the report says. Israel became the first country in the world to https://www.middleeasteye.net/news/israel-becomes-first-country-officially-recognise-somaliland Somaliland on December 26 last year.


The month before, Somaliland President Abdirahman Abdullahi Mohamed secretly visited Israel, meeting with Israeli Prime Minister Benjamin Netanyahu and other “top officials”, according to multiple sources in Somalia and Somaliland. 

Those other officials included Mossad chief David Barnea and Foreign Minister Gideon Saar, who visited Somaliland immediately after Israel formally recognised the former British colony’s sovereignty. 

'Recognition is bigger than anything else. Do you have an alternative for us?'

- Rooble Mohamed, Somaliland government adviser

Somaliland has since recognized Jerusalem as Israel's capital, establishing an embassy there as meetings between Somaliland and Israeli ministers have continued and pro-Israel figures in the media have taken up the cause of independence for the breakaway Somali region. 

Jake Wallis Simons, former editor of the Jewish Chronicle, and Andrew Fox, an associate fellow at the right-wing Henry Jackson Society, were flown out to Somaliland for the May 18th self-declared independence day celebrations in Hargeisa, the region’s capital. Both men are ardent supporters of Israel. The UK’s former defence minister, Conservative MP Gavin Williamson, another keen supporter of Somaliland, was also part of the trip. 

Somaliland is hoping that Israel’s recognition will be followed by the UAE, with Ethiopia, India, Cyprus and Georgia also in its sights. 

Trump not expected to recognize Somaliland

A congressional source told Middle East Eye they did not expect US President Donald Trump’s administration to recognise Somaliland. Though lobbyists, including former Trump officials Tibor Nagy and Peter Pham, had raised the hopes of Somalilanders over US recognition, “there was never a sign that the president would go through with it,” the source said.

Trump has persistently singled out Somalia and Somali Americans for abuse during his second term in office. He has https://www.youtube.com/watch?v=2Ko3hZ6c9W8&t=4sto Somalis as “low IQ people” and said that all Somalis are “crooked as hell”. He has https://www.youtube.com/watch?v=TIYPQwQ4wAsthat Somali American congresswoman Ilhan Omar “is garbage”, and that “her friends are garbage”. 

A Somali analyst and policy adviser, who could not be named as he works with officials in both Somalia and Somaliland, told MEE he thought the report to Congress was “a consequential announcement that may effectively close the door on any lingering hopes of US recognition for Somaliland”.

The https://x.com/hashtag/UnitedStates?src=hash&ref_src=twsrc%5Etfw affirms its recognition of the sovereignty and territorial integrity of the Federal Republic of https://x.com/hashtag/Somalia?src=hash&ref_src=twsrc%5Etfw, which encompasses the region of Somaliland.

Furthermore, this report emphasizes the challenges associated with investing in https://x.com/hashtag/Somaliland?src=hash&ref_src=twsrc%5Etfw due to its… https://t.co/j7uPDiN0up
— SMS Somali TV (@SMSSomaliTV1) https://x.com/SMSSomaliTV1/status/2061568721290678689?ref_src=twsrc%5Etfw
“From a strategic perspective, why settle for part of the cake when the whole cake remains within reach,” he said, referring to US ambitions across the whole of Somalia.

Asked if he agreed with this analysis, Rooble Mohamed, who is a consultant for the Somaliland communications ministry, told MEE: “The United States does not currently recognize Somaliland, so unless there is a formal recognition, such a statement is the reality for now. “The US does not officially recognize Taiwan as a sovereign state but has its own arrangements with it as a separate entity from China. This proposal seems to be the same.”

Somaliland's strategic importance for Israel, UAE and US

Somaliland and its location on the Red Sea have become more strategically important to the US, Israel and its allies with the rise of the Houthis in Yemen, the war on Iran and threats to shipping in one of the world’s busiest sea lanes. After it entered the war in https://www.middleeasteye.net/countries/yemen, the UAE began building a https://www.middleeasteye.net/news/uae-yemen-somalia-circle-bases-control-gulf-of-adento control the Gulf of Aden. 

This was done with the help of Israeli military and intelligence officers, even before relations between the two countries were normalised as part of the Abraham Accords in 2020. Berbera, Somaliland’s main port, was part of this circle of bases, which is no longer fully intact following the rift between the UAE and its coalition partner in Yemen, https://www.middleeasteye.net/countries/saudi-arabia.

The State Department’s report to Congress is clear on this matter. “Somaliland’s strategic location near Yemen and the Bab al-Mandab Strait positions it as a potential partner on shared security interests, including freedom of commercial and military navigation from the Red Sea to the Indian Ocean,” it says.


Israeli and Somaliland officials are in talks about the establishment of an Israeli base at Berbera. The UAE’s DP World also runs its own port there, which is co-owned https://www.middleeasteye.net/news/uk-government-co-owns-somaliland-port-spotlight-over-horn-africa-crisis through its foreign investment arm. 

“Somaliland authorities have encouraged US investment in minerals and outlined priorities in infrastructure, trade, and economic growth,” the report to Congress says. Somaliland officials have said their soil is rich in lithium, coltan and other sought-after resources, and they have suggested that US access to these riches could come alongside recognition. 

The State Department report also mentions the “ongoing development” of Berbera’s airport and seaports “into a trade and transportation hub for Somaliland and landlocked Ethiopia”, saying this could “create increased opportunities” for the US. However, the report concludes, “regional security concerns and the dispute over Somaliland’s status, including its refusal to cooperate with national authorities, present challenges for investment, banking, and trade.” 

Asked if he thought Israel’s recognition was doing Somaliland more harm than good, given the https://www.middleeasteye.net/topics/israel-genocide-gaza and Israel’s plummeting popularity worldwide and particularly in the Muslim world, Rooble Mohamed said the government in Hargeisa had “no alternatives”.

“Recognition is bigger than anything else. Do you have an alternative for us? We are one of the Muslim countries of the world, I don’t think we are different. I think it’s normal to have a relationship with Israel,” Mohamed said. “It does not mean the https://www.middleeasteye.net/countries/palestine are our enemies.”

https://cms.zerohedge.com/users/tyler-durden
Wed, 06/03/2026 - 23:25

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'Putin's Davos' Forum Opens Under Heavy Ukrainian Drone Attack, With Candace Owens & Trump Official In Attendance

'Putin's Davos' Forum Opens Under Heavy Ukrainian Drone Attack, With Candace Owens & Trump Official In Attendance



Ukraine's President Zelensky has freshly stated that he's ready for direct talks with his Russian counterpart Vladimir Putin in order to end the war, but he also warned that the alternative is for Ukraine to increase its retaliatory strikes on Russia, 

The head of Ukraine's Presidential Office, Kyrylo Budanov, https://x.com/HotSpotHotSpot/status/2061640424205259168 this week: "Zelensky has instructed officials to try to end this war as quickly as possible, preferably before winter." But the ground war reality as well the escalating tit-for-tat air campaigns, tell a different story of a brutal and largely stalemated conflict which is likely to just grind on for the foreseeable future.


The last 24 hour period has seen a significant drone wave rain down on Russia's second largest city of St. Petersburg.

The attack seemed to be met with little in the way of anti-air defenses, with circulating local footage showing security forces trying to shoot down inbound drones only with small arms. Local authorities later said there were several injuries across the region, but no one was killed.

The new attack seemed intentionally timed for the city's major economic forum designed to attract foreign investment into the country. Putin is scheduled to oversee the three-day St. Petersburg International Economic Forum (SPIEF) and will give a keynote address.

Amused residents film Russian servicemembers trying and failing to shoot down Ukrainian one-way drones with automatic rifles during this morning’s large-scale attack against the Northwestern Russian city of St. Petersburg. https://t.co/ecHcM54jfK
— OSINTdefender (@sentdefender) https://x.com/sentdefender/status/2062142969365332292?ref_src=twsrc%5Etfw
The forum has been dubbed as 'Putin's Davos' - and according to https://www.cnn.com/2026/06/03/europe/ukraine-drone-attack-russia-st-petersburg-intl-hnk:

Ukrainian drones rained down on St. Petersburg late Tuesday, striking infrastructure and wounding several people, just hours before Russian President Vladimir Putin’s signature economic forum opened in the city.

https://www.cnn.com/world/europe/ukraine hit several other Russian cities overnight, with Kyiv claiming to have struck a naval warship and other key assets in a major attack reaching as far as Moscow.

Three districts of St. Petersburg were targeted in the overnight Ukrainian drone assault, according to its governor Aleksandr Beglov. The city is this week hosting the St. Petersburg International Economic Forum, often dubbed Putin’s version of Davos.

In the below, the WSJ's foreign chief correspondent has moved from journalist to advocate:

Ukrainian aircraft arrive to deliver a keynote address at the St Petersburg International Economic Forum that opens this morning. Special entertainment for Candace Owens, Andrew Tate and all the other distinguished guests. https://t.co/S8GFB9cTAs
— Yaroslav Trofimov (@yarotrof) https://x.com/yarotrof/status/2062039236853784765?ref_src=twsrc%5Etfw
Broke black plumes of smoke rose over St. Petersburg just as thousands of guests from 130 countries were due to attend. Importantly, this has included 'low level' Trump administration delegation.

BBC https://www.bbc.com/news/articles/c0e2vqd3j1vo, "Mobile internet was disrupted and St Petersburg's Pulkovo Airport was temporarily closed, while some regions of nearby Latvia and Estonia also issued air raid alerts." Dozens of regional flights were also delayed.

President Zelensky boastfully owned up to it, after Kiev has already come under heavy Russian bombardment this week. Zelensky commented Wednesday: "Ukraine’s plan for long-range sanctions is being implemented exactly as needed to bring peace closer."

He tweeted footage of the aftermath of Ukrainian drones hitting the St. Petersburg Oil Terminal. Nearby Kronstadt, home to the headquarters base of the Russian Navy's Baltic Fleet, also reportedly suffered attack.

Ukrainian attack drones opened this year's Russian Saint Petersburg International Economic Forum, successfully striking the city's fuel and oil maritime terminal this morning. https://t.co/LHSZkCG7qe
— распад и неуважение (@VictorKvert2008) https://x.com/VictorKvert2008/status/2062153583924043800?ref_src=twsrc%5Etfw
Among the dignitaries attending this year's SPEIF conference is Rodney Mims Cook Jr., who is overseeing President Trump’s controversial planned White House ballroom.

"The attendance of Cook, the chairman of the U.S. Commission of Fine Arts, has been portrayed by Russian officials as representing the first official U.S. delegation to SPIEF after years of boycotts," https://www.washingtonpost.com/world/2026/06/03/ukraine-hits-oil-refinery-russia-opens-st-petersburg-economic-forum/ writes. "Cook has said his participation was approved by the State Department; however, he did not appear to be part of an official delegation appointed by President Donald Trump."

Also interesting is that Candace Owns is in attendance, and expected to speak at a session on "balancing parenthood in a large family with a successful career."

The Christian expression and heritage here is unmatched.

Unsurprisingly, they are lying to us about Russia. ✝️ https://t.co/pNbwPmiq3m
— Candace Owens (@RealCandaceO) https://x.com/RealCandaceO/status/2061433233984606472?ref_src=twsrc%5Etfw
One aspect to the forum is Russia asserting itself as a more traditionalist, family-oriented society, compared to the progressiveness and 'wokeness' of the West.

Online 'influencer' brothers Andrew and Tristan Tate have also filmed themselves arriving in Russia, though did not initially confirm whether they planned to attend the forum in St. Petersburg.

Andrew Tate has arrived in Russia

The controversial influencer was welcomed with honors at the airport.

Tate is known for his outspoken views on women and his massive online following.

He and his brother Tristan remain under investigation in Romania and the United Kingdom.… https://t.co/WvmrlpIGK3
— NEXTA (@nexta_tv) https://x.com/nexta_tv/status/2061783562576187589?ref_src=twsrc%5Etfw
Some of the attacks landed in the daylight hours, startling onlookers among St. Petersburg streets...

The Saint Petersburg International Economic Forum of 2026 (SPIEF 2026) in Russia has started with a very fiery keynote speech by the Ukrainian surprise guests. https://t.co/VVIuGcQCO7
— (((Tendar))) (@Tendar) https://x.com/Tendar/status/2062030791614378333?ref_src=twsrc%5Etfw
From the forum venue itself: large black plumes can be seen enveloping the skyline...

A burning oil terminal in Saint Petersburg, in the background of the SPIEF, while Russia tries to sell its economic resilience.

President Putin and top military brass had last month said strikes would be initiated against "decision-making centers" in response to the dorm attack in the Russia’s Lugansk People’s Republic on May 22, which killed 21 people - mostly teenage girls - and injured 70 others.

🇺🇦🇷🇺🛢️ Un terminal pétrolier en feu à Saint-Pétersbourg, en arrière-plan du SPIEF, pendant que la Russie tente de vendre sa “résilience économique”.

Franchement, difficile de faire plus symbolique. https://t.co/l4X81RoNGK
— Alex 🇫🇷 (@Alexandree1507) https://x.com/Alexandree1507/status/2062089920487772163?ref_src=twsrc%5Etfw
Kremlin officials now say that Russian forces have "a right to dismantle any infrastructure that supports terrorism." This new bus attack strongly suggests there's no off-ramp or de-escalation on the horizon, but that tit-for-tat strikes will only grow and become more violent. And the fresh attack on St. Petersburg is certainly not going to help matters.

https://cms.zerohedge.com/users/tyler-durden
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US Govt. Lab Launches Advanced Battery Lab To Help Power Grid

US Govt. Lab Launches Advanced Battery Lab To Help Power Grid



https://interestingengineering.com/energy/prismatic-battery-grid-storage,

The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid.


The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by the Department of Energy's (DOE) Pacific Northwest National Laboratory (PNNL) in Richland, Washington State.

According to PNNL, the newly commissioned production line features a total of 16 pieces of equipment inside a 1,400-square-foot laboratory. It is reportedly the first prismatic battery cell production line at a US national laboratory.

Researchers at PNNL pointed out that it will allow them to manufacture, test, and validate advanced battery designs at an industrially relevant scale. "This helps our researchers bridge the gap between science and industry," Adam Jivelekas, GSL operations manager, said.

A New Grid Storage Hub

The line will produce prismatic battery cells. These are rectangular and larger than cylindrical cells, and shaped like a nine-volt battery (9V). As a result, they contain more energy per cell. Developed with a heavier metal casing, they are less prone to overheating, which makes them increasingly popular for storing energy on the electric grid.

Mark Weller, PhD, a PNNL materials scientist and the principal investigator of the project, explained that metal transfers heat more efficiently than most materials. This allows these batteries to cool more easily. "If you have better heat transport, if the cells are more mechanically uniform, if they're packed more efficiently, all those things can translate to not just higher safety, but lower cost," he added.

In addition, their rectangular shape means they can be stacked neatly together. This reduces wasted space compared to cylindrical alternatives. Efficient packing helps boost energy density at the pack level.

As per Jivelekas, the facility will help speed up the transition from battery research to production. "We can help external researchers or industry partners test and validate their prismatic cell designs," he pointed out.

Start Of Operations

PNNL noted that the facility is located inside a specialized dry laboratory, where humidity levels are kept lower than those found in some of the driest places on the planet. Maintaining these conditions is critical, as trace levels of moisture can degrade the sensitive battery components.

The facility wrapped up testing earlier this year. The scientists are now preparing validation projects intended to demonstrate its capabilities. Weller emphasized that the real test is proving it can be used to consistently manufacture high-quality prismatic cells.

"Making a coin cell takes a few milligrams of material; making a prismatic cell takes at least a kilogram," he elaborated in a press release. "When you scale up like that, you can't assume that a chemistry that worked well in a coin cell will work just as well in a prismatic cell."

To demonstrate the approach, the research team will produce and evaluate two promising battery chemistries to use in prismatic cells. These include sodium-ion and lithium-iron-phosphate (LFP).

Following production, the researchers will submit these two prismatic cell types to a number of tests to evaluate their performance and safety. "With this capability, we can do the research and development and pilot-scale testing that is difficult for companies to justify and help facilitate a smoother handoff to get advanced battery concepts to market," Weller concluded.

https://cms.zerohedge.com/users/tyler-durden
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Samsung Joins Blue-State Exodus, Moves U.S. HQ From New Jersey To Texas

Samsung Joins Blue-State Exodus, Moves U.S. HQ From New Jersey To Texas



We're still trying to settle on a name for the new "Rust Belt" for blue states, where high taxes, de-growth climate policies, permitting paralysis, and an obsession with woke governance have sparked a historic outflow of people, businesses, and capital to red states.

The old Rust Belt was hollowed out by decades of deindustrialization. This new version in blue states is being hollowed out by self-inflicted progressive policy failures after policy failures after policy failures.

The latest, and one of the most abrupt examples, is South Korean tech giant Samsung Electronics shifting its U.S. headquarters from lefty-controlled New Jersey to red-state Texas, which is governed by common sense.

Samsung is moving its U.S. headquarters to its existing campus in Plano, Texas.

Samsung Electronics America is abandoning its brand-new, 270,000 SF North Jersey headquarters after just eight months to consolidate operations in Plano, Texas.

The abrupt exit of 1,000 corporate… https://t.co/uz9joDU3Dh
— The Tenant Advisor (@CoyDavidsonCRE) https://x.com/CoyDavidsonCRE/status/2061954808760942639?ref_src=twsrc%5Etfw
"Samsung Electronics America Inc. is undergoing a business transformation designed to better position our organization for long-term growth and future success. As part of this effort, we are relocating our U.S. headquarters from New Jersey to our existing campus in Plano, Texas, building on our 30-year presence in the state," the company said in a statement. "The transition, which will be completed by the end of the year, is intended to strengthen alignment across teams and offices, and sharpen our focus on the areas that will drive the greatest impact for our customers, partners, and business."

The statement by the memory chip giant did not explain why they're relocating their US headquarters. But we can only guess what it came down to: an unfavorable business environment.

New Jersey has one of the highest corporate tax burdens in the US, coming in at 9% for companies with more than $100,000 in total net income. Smaller companies pay lower rates of 7.5% or 6.5%, depending on income.

For mega corporations, the rate can be even higher. New Jersey added a 2.5% Corporate Transit Fee on businesses with more than $10 million in taxable net income allocated to the state, bringing the effective top rate to 11.5% for those companies.

Samsung's decision was most likely rooted in Texas' long-standing policy of no corporate income tax.

"Imagine turning on the morning news in Texas and watching them celebrate jobs leaving New Jersey," NJ Assembly GOP wrote on X earlier today, adding, "The numbers are damning: New Jersey has the highest corporate tax rate in the nation. Texas has no corporate income tax. We've introduced the fixes. Democrats blocked everyone. Texas gets the jobs. New Jersey gets to keep old ribbon-cutting photos."

Imagine turning on the morning news in Texas and watching them celebrate jobs leaving New Jersey.

That's exactly what https://x.com/GoodDayFox4?ref_src=twsrc%5Etfw and https://x.com/FOX4?ref_src=twsrc%5Etfw are doing after Samsung announced it's moving its U.S. headquarters from New Jersey to Texas.

The numbers are damning: New Jersey has the… https://t.co/nY9F33fZpZ
— NJ Assembly GOP (@NJAssemblyGOP) https://x.com/NJAssemblyGOP/status/2062197002834718813?ref_src=twsrc%5Etfw
Another X user noted, "Whether it's Samsung, Mercedes-Benz, Hertz, ExxonMobil, or other major employers, the message is becoming impossible to ignore: businesses are voting with their feet. And, the Democrats in the State House are not making it any easier for businesses - the legislation or administrative rules as of late has been so anti-business."

Woah! I guess the Samsung folks ran into the executives from Mercedes-Benz, Hertz, ExxonMobil, and Budweiser while they were finding the exit door from New Jersey.

Whether it’s Samsung, Mercedes-Benz, Hertz, ExxonMobil, or other major employers, the message is becoming… https://t.co/LBq3yJvLhN
— Victoria Flynn (@AswVickyFlynn) https://x.com/AswVickyFlynn/status/2061562226964939258?ref_src=twsrc%5Etfw
What is significant here is that Samsung opened its headquarters in New Jersey only eight months ago, suggesting that the state's political and economic environment has deteriorated since.

Samsung didn't want to say if New Jersey's economics caused them to move to Texas

WE ALL KNOW IT WAS, Texas has 0% Corporate Tax vs Jersey's worst in the nation 11.5% https://t.co/TChqAk4p62 https://t.co/4GUKLOcnQX
— Wake Up NJ 🇺🇸 New Jersey (@wakeupnj) https://x.com/wakeupnj/status/2062006470703505506?ref_src=twsrc%5Etfw
Last month, The Economist published an article titled "Texas Is Becoming America Inc.'s Center of Gravity," pointing out that corporations are voting with their feet and fleeing blue states.



Related:

- https://www.zerohedge.com/political/marylanders-are-voting-their-feet-johns-hopkins-finds-blue-state-exodus-persist-years

- https://www.zerohedge.com/economics/blue-states-are-still-facing-mass-taxpayer-exodus-long-after-covid
Democrats have zero self-awareness that their state-killing policies are only pushing people, companies, and money to red states.

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Wed, 06/03/2026 - 22:10

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US Special Ops Fields Caliber-Swapping MK24 Rifle For 7.62 Combat And 6.5 Range

US Special Ops Fields Caliber-Swapping MK24 Rifle For 7.62 Combat And 6.5 Range



https://interestingengineering.com/military/socom-mk24-rifle-caliber-swaps,

A new rifle heading to U.S. special operations forces can switch between 7.62mm NATO and 6.5mm Creedmoor ammunition in roughly a minute, giving operators a way to adapt to changing mission requirements without carrying separate weapon systems.


The weapon, known as the MK24 Medium Range Gas Gun Assault (MRGG-A), will begin reaching units before the end of the fiscal year. U.S. Special Operations Command (SOCOM) selected the platform to replace the MK17 SCAR and awarded manufacturer LMT Defense a 10-year, $92 million contract last year. The rifle also supports SOCOM's broader effort to improve performance at longer ranges while maintaining flexibility in the field.

Built For Flexibility

The MK24's defining feature is its quick-change barrel system. Operators can swap between 7.62mm NATO and 6.5mm Creedmoor configurations in about a minute, allowing the weapon to adapt to different operational needs.

The requirement emerged from real-world deployment challenges. U.S. forces frequently operate alongside partner militaries that rely on different ammunition stocks. By allowing rapid caliber changes, the MK24 can continue using widely available 7.62mm rounds while giving operators access to 6.5mm Creedmoor when missions demand greater accuracy at distance.

LMT Defense designed the rifle around a 14.5-inch barrel, creating a package closer in size to an M4 carbine. Despite its compact footprint, the weapon aims to deliver the performance expected from larger precision-focused systems.

Why 6.5 Creedmoor

The adoption of 6.5mm Creedmoor reflects years of testing by SOCOM as it evaluated alternatives to legacy military cartridges. The command examined nearly two dozen ammunition types and reportedly found that 6.5mm Creedmoor delivered some of the strongest overall performance at ranges approaching 1,000 meters.

That advantage has attracted growing interest across the military. While 7.62mm NATO remains a mainstay of U.S. forces, newer cartridges have demonstrated improved long-range accuracy and energy retention. The Army has already started introducing its Next Generation Squad Weapons chambered in 6.8x51mm as part of a similar modernization effort.

For SOCOM, the shift is not simply about replacing ammunition. The command has spent several years searching for weapon systems that can engage targets farther away while reducing logistical burdens on deployed units.

Expanding Long-Range Capabilities

The MK24 is one piece of a wider small-arms modernization program. In recent years, SOCOM has explored new rifles and machine guns capable of extending engagement distances beyond those of existing platforms.

Those efforts resulted in contracts for a new 6.5mm sniper rifle from Geissele Automatics and a lightweight machine gun chambered in .338 Norma Magnum from Sig Sauer. Although fielding of the machine gun has been paused, the programs reflect SOCOM's interest in cartridges that offer greater effectiveness at extended ranges while reducing system weight.

Officials involved with the program have highlighted the MK24's accuracy and adaptability as major advantages. Beyond replacing the MK17 SCAR, the rifle introduces a modular approach that allows a single platform to fill multiple roles. As fielding begins, the weapon will give special operations units the ability to move between 7.62mm combat loads and 6.5mm long-range configurations with minimal disruption in the field.

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Wed, 06/03/2026 - 21:45

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