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Sun, 19 Apr 2026 00:25:00 +0000 Japan Tops Canada As World's Most Polite Nation
Japan Tops Canada As World's Most Polite Nation
What makes a country “polite”—and which ones stand out globally?
A new survey of over 4,600 respondents by Read more.....
Japan Tops Canada As World's Most Polite Nation
What makes a country “polite”—and which ones stand out globally?
A new survey of over 4,600 respondents by Remitly reveals a clear frontrunner.
Japan alone captured more than 35% of all votes, far ahead of every other country on the list.
As Visual Capitalist's Gabriel Cohen shows in the chart below , the ranking highlights how perceptions of politeness vary worldwide, while also revealing strong regional patterns across Europe and Asia.
Perceptions of politeness can shape everything from tourism experiences to international business relationships.
For travelers, these rankings often influence expectations around etiquette, hospitality, and day-to-day interactions abroad.
Japan: The World’s Clear Favorite
Japan stands far ahead of every other country, capturing 35.2% of all votes—nearly three times more than second-place Canada. No other country breaks even 15%, underscoring just how dominant Japan’s reputation is globally.
Japanese culture is famous for its high emphasis on respect, etiquette, and social harmony. The country’s blend of tradition and recognizable cultural exports has helped it become well-regarded nearly everywhere.
Certain traits associated with local culture no doubt contribute to the Japanese people’s reputation of politeness, including the value placed on cleanliness and punctuality.
Beyond this, citizens of other countries may be surprised when encountering Japanese bowing, a way of conveying respect, as well as other unique elements such as relative silence on public transit within the country.
Canada’s High Respect Premium
Canada ranks second with 13.4% of the vote—less than half of Japan’s total, highlighting the gap between first place and the rest of the field.
The sprawling North American country has been deemed the most respected country worldwide by one measure, while Canadians have long been known as some of the friendliest people on the globe.
Canada’s hospitality and civility has boosted the country’s reputation for politeness, both in dealings with each other and with people from other countries. This has been reinforced in some corners by the country’s relative contrasts with its southern neighbor, the United States, which obtained just over a tenth of the share of votes (1.6% ) of Canada.
Europe’s High Prevalence of Politeness
After Canada, the United Kingdom ranks third at 6.2% , leading a strong European showing. In total, European countries make up more than half of the top 25—suggesting that politeness, as perceived globally, is strongly associated with the region.
Northern Europeans appear to fare better than their peers across the Old Continent, with the UK joined in the top 10 by Germany (2.8% ) and Nordic countries like Sweden (2.3% ), Denmark (2.1% ), and Finland (1.9% ).
In contrast, Asian countries nabbed a fifth of the spots on the list, while Africa was home to only one country in the top 25: South Africa, which at 1.8% of all votes cast landed at the 10th position worldwide.
If you enjoyed today’s post, check out The Best Countries For Culture & Heritage, As Determined by the People on Voronoi.
Tyler Durden
Sat, 04/18/2026 - 20:25 Close
Sat, 18 Apr 2026 23:50:00 +0000 'Money Laundering'? Newsom Used Donations To Inflate Book Sales
'Money Laundering'? Newsom Used Donations To Inflate Book Sales
'Money Laundering'? Newsom Used Donations To Inflate Book Sales
Authored by Luis Cornelio via HeadlineUSA ,
California Gov. Gavin Newsom and his allies spent weeks boasting that his book, Young Man in a Hurry, became a “best-seller” within hours of its March release. However, a new report found those sales were largely driven by Newsom’s own super PAC using donor funds.
FILE - California Gov. Gavin Newsom speaks during a press conference in Los Angeles, Wednesday, Sept. 25, 2024. (AP Photo/Eric Thayer, File)
The book, published March 10 and centered on Newsom’s upbringing in California, has reportedly sold 97,400 copies since its release. Of those, 67,000 were purchased by Newsom’s Campaign for Democracy Committee through a donation-for-book scheme,
The leftist New York Times reported Friday that the PAC urged supporters to make donations in exchange for a copy of the book, effectively turning each contribution into a guaranteed sale.
Critics described the setup as a potential money-laundering scheme, with the super PAC purchasing copies from its publisher Porchlight Book Company for every donation, regardless of the amount.
“Make a contribution of ANY AMOUNT today and I will send you a copy ,” Newsom reportedly wrote in an email pitch.
In total, Newsom’s PAC spent $1,561,875 on the effort.
Defending the arrangement, Newsom spokesperson Nathan Click said the governor did not receive royalties from those purchases.
“Our goal was to deepen the relationship between him and the millions of folks who have already expressed support for Governor Newsom’s work. And as it turns out, the tactic more than paid for itself,” Click claimed.
Critics questioned the ethics of the program, with some suggesting it may have influenced Porchlight Book Company’s advance for Newsom’s 2026 book.
It remains unclear how much Newsom received as part of that advance. In 2019, however, he was paid $125,000 by Penguin Random House for Ben and Emma’s Big Hit , a children’s book.
A spokesperson for Newsom did not immediately respond to Headline USA’s request for comment regarding the advance for his latest book.
Tyler Durden
Sat, 04/18/2026 - 19:50 Close
Sat, 18 Apr 2026 22:40:00 +0000 Ilhan Omar: Hey, Um, As It Turns Out, I'm Not Actually A Multimillionaire After All
Ilhan Omar: Hey, Um, As It Turns Out, I'm Not Actually A Multimillionaire After All
Ilhan Omar: Hey, Um, As It Turns Out, I'm Not Actually A Multimillionaire After All
Authored by Robert Spencer via PJMedia.com,
Rep. Ilhan Omar (D-Mogadishu) has for some time now been the poster child not only for the legion of ungrateful, America-hating migrants, but for members of the House of Representatives who have become multimillionaires on a $174,000 annual salary.
The latter in particular has brought her unwelcome scrutiny: In February, House Oversight Chairman James Comer (R-Ky.) announced that he was opening an investigation after two companies Omar’s husband owns jumped in value from $51,000 to $30 million in value in a single year. Now, however,
Omar is trying to make an end run around the whole investigation, and lessen the suspicion that she is a totally corrupt grifter, by claiming that the whole thing was a mistake. She and her hubby Tim Mynett don’t have $30 million after all.
It was all just an “accounting error,” you see .
The Wall Street Journal reported Friday that while “an Omar disclosure filed last year showed she and her husband held assets of between $6 million and $30 million, a massive rise in wealth from her previous annual filing,” now “an amended filing” claims “the couple’s assets to be just $18,004 to $95,000. The forms don’t require exact values, only broad ranges.”
Man, that’s one massive accounting error. James Comer should find the error in itself worth looking into. Is Omar simply trying to cover something up? Or did she really hire the most inept accountants in the history of the world?
The great solon herself was going with the inept accountant theory, and apparently wants us to believe that she has simply been too busy serving the people to concern herself with such mundane matters as a phantom thirty million dollars:
“Aides said that Omar looked at the form before it was filed in 2025, but that the error didn’t jump off the page for her because she isn’t involved with her husband’s businesses and she trusted the accuracy of the accountant who provided her husband’s figures.”
Omar spokeswoman Jacklyn Rogers claimed victory, saying:
“The amended disclosure confirms what we’ve said all along: The congresswoman is not a millionaire. The congresswoman amended her disclosures voluntarily as soon as the discrepancy was identified.”
Okay, great. She is as honest as the day is long. That’s wonderful.
And yet there is more.
Back in January, before Comer announced his investigation, the New York Times, which has generally been quite friendly to Omar, reported that “the Justice Department under the Biden administration opened an investigation into Representative Ilhan Omar, Democrat of Minnesota, in 2024 to scrutinize her finances, campaign spending and interactions with a foreign citizen, according to people with knowledge of the matter.”
The Biden administration! When one’s own leftist political allies open an investigation on you, you’re either guilty as sin, beyond all denial and stonewalling, or they’re looking for a way to jettison you without backlash or embarrassment. Either way, not a good look for the patriotic servant of the people from Mogadishu, Minnesota.
Omar and Mynett have also acted as if they had something to hide. The New York Post reported in Dec. 2025 that “embattled Rep. Ilhan Omar’s husband’s venture capital firm quietly scrubbed key officer details — including former Obama officials — as scrutiny grows over the family’s skyrocketing wealth.”
Mynett’s Rose Lake Capital firm “saw its reported value go from nearly zero in 2023 to between $5 million and $25 million in just a year, and touted its officers’ $60 billion in ‘previous’ assets under management — an amount many Wall Street money managers only dream of.” But once Rose Lake Capital started coming under scrutiny, it suddenly started become considerably more secretive than it had been: “Between September and October — when federal prosecutors announced charges against eight more individuals, including six of Somali descent, for their roles in the welfare scheme — the names and bios of Rose Lake Capital’s nine officers and advisers were removed from the website. None of them were charged in the fraud.”
The names that were removed included “lobbyist and former Obama Ambassador to Bahrain Adam Ereli; former Senator and Obama Ambassador to China Max Baucus; DNC Finance Chair associate Alex Hoffman; former DNC treasurer William Derrough; and former ex-CEO of Amalgamated Bank Keith Mestrich, who once described Amalgamated as “the institutional bank of the Democratic Party.”
If it was all just a misunderstanding based on an accounting error, why move to protect these people?
They had nothing to worry about, right?
Omar’s “accounting error” calls for as much of an investigation as the sudden jump in wealth she denies.
Tyler Durden
Sat, 04/18/2026 - 18:40 Close
Sat, 18 Apr 2026 22:05:00 +0000 "Mamdani Mart" Exposes The Inefficiency Of Socialism In One Chart
"Mamdani Mart" Exposes The Inefficiency Of Socialism In One Chart
Andreessen Horowitz's a16z New Media published the most popular charts of the week on financial markets, but the most revealing one came at the end of the no
Read more.....
"Mamdani Mart" Exposes The Inefficiency Of Socialism In One Chart
Andreessen Horowitz's a16z New Media published the most popular charts of the week on financial markets, but the most revealing one came at the end of the note: a comparison suggesting that New York City's first grocery store, which will soon be run by unhinged socialists, will be structurally less efficient than private-sector supermarkets.
But who cares when it's not taxpayer monies?
According to the New York Post, Mayor Zohran Mamdani's proposed city-owned grocery store in East Harlem would require roughly $30 million in taxpayer funding.
At just 9,000 square feet, the project implies a construction cost of about $3,000 per square foot - an exceptionally and alarmingly high number by grocery industry standards.
From an economic standpoint, the "Mamdani Mart" underscores a familiar pattern: state-directed supermarkets often fail to achieve the cost discipline, operational efficiency, and scale seen in private-sector chains.
This story has played out time and again in the U.S., as unhinged left-wingers have experimented with socialism:
The end result is Cuba.
When taxpayer-funded stores fail, socialists will never blame themselves but will merely say they didn't experiment hard enough.
Related:
Socialism is inherently parasitic, abusing productive taxpayers to subsidize left-wing experiments. It always tend to fail. Let's not forget CNBC's Sara Eisen blasted the far-left mayor after he filmed a promotional video touting a proposed new tax on luxury properties.
Tyler Durden
Sat, 04/18/2026 - 18:05 Close
Sat, 18 Apr 2026 21:30:00 +0000 Trump Says First Releases Of UFO Documents Will Begin 'Very, Very Soon'
Trump Says First Releases Of UFO Documents Will Begin 'Very, Very Soon'
Trump Says First Releases Of UFO Documents Will Begin 'Very, Very Soon'
Authored by Jill McLaughlin via The Epoch Times (emphasis ours),
President Donald Trump announced April 17 that he expects his administration to begin releasing documents “very soon” related to extraterrestrial life and unexplained phenomena.
President Donald Trump walks toward reporters before answering questions prior to boarding Air Force One at Joint Base Andrews, Md., on April 10, 2026. Win McNamee/Getty Images
“As you remember, I recently directed the Secretary of War … to begin releasing government files relating to UFOs and unexplained aerial phenomena,” Trump told an audience in Phoenix, Arizona. “I’m pleased to report today … that this process is well underway and we’ve found many very interesting documents, I must say. And, the first releases will begin very, very soon .”
Trump made the remarks at an event with Turning Point Action, an affiliate of Turning Point USA.
The president ordered government agencies to release information about UFOs and related phenomena in a Feb. 19 Truth Social post. Tremendous interest in the files prompted Trump to issue the directive to release files related to alien and extraterrestrial life, he said.
The U.S. government holds thousands of documents related to historical reports about the subjects of unidentified flying objects and alien phenomenon, including more than 12,600 reports from Project Blue Book, which took place from 1947 to 1969. The public can already access some of the public records , photos, and sounds at the National Archives.
The buzz over revealing more evidence comes days after Artemis II made its historic voyage around the moon, stirring the public’s interest in space discovery.
Trump’s announcement, however, fell flat with UFO investigator Donald Schmitt, who said he had “very little hope” the documents would prove anything more than what has already been released to the public.
“They’re just documents,” Schmitt told The Epoch Times. “They don’t prove anything. We need to stop dancing around the idea that we want to see the files or documents. … I want to hold a piece of the hardware. I want to see a tissue sample. Take me to where you’re preserving the bodies after all these years.”
“That’s what this should come down to,” Schmitt said. “Otherwise this is just song and dance.”
Schmitt , a seven-time best-selling author whose first book was made into the made-for-TV movie “Roswell,” serves as lead investigator for the International UFO Museum in Roswell, New Mexico. He has spent decades researching the alleged crash of a UFO about 75 miles north of the rural southeastern town in 1947.
At the peak of the independent investigations into the Roswell incident, Schmitt said they had 150 eyewitnesses for government officials to interview, but no one was interested in talking with them, he said.
“We have 30 deathbed confessions. They’re not interested, ” Schmitt said about the government investigators.
The International UFO Museum in Roswell, New Mexico, tells the story about the 1947 UFO crash that eyewitnesses say happened 75 miles away from the southeastern city. Jill McLaughlin/The Epoch Times
He said he hoped he was wrong about the upcoming release of information, but it seemed to be generating a lot of confusion.
“I’m always cautious of people who speak as though they have any answers or they refer to themselves as experts, especially on this topic, ” he added. “I can’t emphasize enough, there is no such thing as an expert on UFOs.
“The mystery continues.”
Secretary of War Pete Hegseth told reporters Feb. 23 he was already working on getting the documents in order.
Gen. John "Jay" Raymond (L), Commander of U.S. Space Command, and Chief Master Sgt. Roger Towberman (C) hold the Space Force Flag as President Donald Trump gestures to it during the presentation in the Oval Office of the White House in Washington on May 15, 2020. AP Photo/Alex Brandon, File
“We’ve got our people working on it right now,” Hegseth said. “We’re digging in. We’re going to be in full compliance to be able to provide that for the president.”
Hegseth didn’t have a time frame for when he would be able to provide the documents. He didn’t say whether he believed aliens existed, but Vice President JD Vance weighed in on his thoughts about the unknown beings in an interview with conservative political commentator Benny Johnson on March 27.
“When I came in, I was obsessed with the UFO files,” Vance said. “I have not been able to spend enough time on this to fully understand it. I’m going to get to the bottom of it .”
Vance elaborated on his beliefs about extraterrestrial beings.
“I don’t think they’re aliens,” Vance said. “I think they’re demons anyway, but that’s a long discussion.”
Tyler Durden
Sat, 04/18/2026 - 17:30 Close
Sat, 18 Apr 2026 20:55:00 +0000 Senate Bill Wants Commercial Reactors On Federal Land
Senate Bill Wants Commercial Reactors On Federal Land
Senate Bill Wants Commercial Reactors On Federal Land
Senators Mike Lee (R-UT) and Dave McCormick (R-PA) introduced the Nuclear Energy Innovation and Deployment Act (NEIDA) on April 14th, presenting what could be one of the most significant regulatory shifts for U.S. nuclear power in decades .
The legislation would expand the DOE’s authority to license and regulate commercial reactors and fuel-cycle facilities when sited on federal land or built for federal purposes, including electricity supplied to federal power marketing agencies.
It would also create a permanent Nuclear Energy Launch Pad program to streamline demonstration projects on DOE and National Lab sites, with a built-in path to commercial operations under DOE oversight rather than the traditional NRC bottleneck.
Under current rules, even projects on federal property like Idaho National Laboratory (INL) typically require full NRC licensing if they want to be used for commercial purposes. NEIDA flips that script. Commercial reactors and related fuel facilities on qualifying federal sites could operate under DOE authority, complete with Price-Anderson liability protections .
The bill also repurposes surplus plutonium as reactor fuel through a milestone-driven program, turning a liability into domestic supply while federal power marketing administrations gain explicit authority to purchase and transmit nuclear-generated electricity.
The centerpiece is the Nuclear Energy Launch Pad, which would designate secure federal zones (primarily on DOE and National Lab land) for private companies to test and demonstrate advanced nuclear technologies. Private entities pay the bill, but gain infrastructure support and regulatory certainty. After demonstration, projects could transition seamlessly to commercial operation under DOE licensing.
As we have covered in recent reporting on surging nuclear interest, this framework directly addresses the “valley of death” between pilot and full deployment that has stalled U.S. progress while China and Russia build out capacity at pace .
Take Oklo’s Aurora powerhouse already under construction at INL. The company received DOE approval for its Nuclear Safety Design Agreement (NSDA) in March 2026 under the existing Reactor Pilot Program. If NEIDA made that pathway permanent and explicit, Oklo could complete testing and iteration under DOE oversight, then secure a commercial operations license directly from the agency without restarting with the NRC . The shift would provide exactly the certainty developers have long sought.
The bill could also create a natural bridge to the Genesis Mission , DOE’s flagship AI and energy-dominance initiative. Genesis is already pushing co-location of data centers on federal land with advanced nuclear power to meet exploding AI-driven power demand. Under NEIDA, reactors licensed and operated by DOE on those same sites could enter straightforward commercial offtake agreements to supply Genesis-linked data centers.
The Launch Pad’s streamlined DOE process, combined with existing experience, could compress timelines dramatically. Consider an AP1000 reactor announced for a federal site: from initial filing to full commercial license, the bill’s framework suggests a matter of months rather than the multi-year NRC odyssey that has become standard.
If enacted, NEIDA does not overhaul the entire NRC system. It would simply carve out a fast lane on federal real estate. In an era of record electricity demand from AI and manufacturing, that lane may prove decisive.
Tyler Durden
Sat, 04/18/2026 - 16:55 Close
Sat, 18 Apr 2026 20:20:00 +0000 White House Working With FBI To Probe Cases Of Missing Scientists
White House Working With FBI To Probe Cases Of Missing Scientists
White House Working With FBI To Probe Cases Of Missing Scientists
Authored by Jacki Thrapp via The Epoch Times,
The Trump administration confirmed on April 17 that it was working with the FBI to investigate the mysterious deaths and disappearances of ten U.S. scientists and government employees who had access to nuclear or aerospace material.
“In light of the recent and legitimate questions about these troubling cases, and President [Donald] Trump’s commitment to the truth, the White House is actively working with all relevant agencies and the FBI to holistically review all of the cases together and identify any potential commonalities that may exist,” White House Press Secretary Karoline Leavitt wrote in a post on X Friday afternoon.
The scientists and employees who worked on highly classified projects started vanishing or dying in recent years.
“No stone will be unturned in this effort, and the White House will provide updates when we have them,” Leavitt said.
The confirmation from Leavitt happened one day after Trump said the White House would look into whether the cases are connected.
“I hope it’s random, but we’re going to know in the next week and a half,” Trump told reporters on April 16, adding “I just left a meeting on that subject.”
One of the missing people included retired Air Force Maj. Gen. William “Neil” McCasland, who vanished on Feb. 27, according to the Bernalillo County Sheriff’s Office in New Mexico.
The 68-year-old previously served as the head of research at the Wright-Patterson Air Force Base, which conspiracy theories allege was tied to Roswell’s UFO incident in 1947.
He also worked at the Pentagon as the director, space acquisition in the Office of the Secretary of the Air Force and then as director of special programs, Office of the Under Secretary of Defense for Acquisition, Technology, and Logistics.
McCasland’s wife reported that she saw him interacting with a repairman around 10:00 a.m., she went to a medical appointment at 11:10, and he was gone when she returned just after noon.
The Albuquerque-area resident did not take his phone, prescription glasses, and wearable devices, but investigators did discover that the household was missing his hiking boots, wallet, and a .38 caliber revolver with a leather holster.
Another missing person included Monica Reza Jacinto, a rocket scientist who had worked with McCasland.
Jacinto was last seen hiking on June 22, 2025, in the Angeles National Forest.
Another one of the cases that is being questioned was the shooting of California Institute of Technology astrophysicist Carl Grillmair.
The astrophysicist, who worked on missions related to the Hubble and Spitzer space telescopes, was shot and killed outside of his home on Feb. 16, 2026.
Tyler Durden
Sat, 04/18/2026 - 16:20 Close
Sat, 18 Apr 2026 19:10:00 +0000 US Treasury Extends Russian Crude Waiver Amid Supply Disruptions
US Treasury Extends Russian Crude Waiver Amid Supply Disruptions
US Treasury Extends Russian Crude Waiver Amid Supply Disruptions
Authored by Kimberley Hayek via The Epoch Times,
The Trump administration renewed a key sanctions waiver on April 17, allowing countries to purchase Russian oil stranded at sea, responding to urgent pressure from Asian nations battered by skyrocketing energy costs.
The move also reverses a position Treasury Secretary Scott Bessent had stated two days earlier.
The Treasury Department’s Office of Foreign Assets Control issued General License 134B on Friday, authorizing transactions tied to Russian crude and petroleum products loaded onto vessels as of that date.
The waiver runs through May 16 and replaces a previous license that expired on April 11.
The move comes after Bessent told reporters on Wednesday the administration would not extend the earlier waiver, signaling what appeared to be a firmer stance on Russian energy exports.
“As negotiations [with Iran] accelerate, Treasury wants to ensure oil is available to those who need it,” a Treasury spokesperson said.
The Russia-related license waiver excludes transactions to Iran, Cuba, and North Korea.
Global oil prices tumbled 9 percent on Friday to about $90 a barrel after Iran temporarily reopened the Strait of Hormuz, an oil choke point in the Gulf.
Trump also discussed oil on a call on Tuesday with Indian Prime Minister Narendra Modi, a major purchaser of Russian crude.
The ongoing war in Iran has cost New Delhi access to approximately 3 million barrels per day that previously transited the Strait of Hormuz.
The war, which enters its eighth week on Saturday, has damaged more than 80 oil and gas facilities in the Middle East, and Tehran has warned it could close the strait again if the recent U.S. Navy blockade of Iranian ports continues.
Just before Friday’s reversal, the Treasury had declared it was moving aggressively to maintain “maximum pressure” on Iran under its “Economic Fury” campaign, and would not renew a separate waiver on Iranian oil sales.
The juxtaposition of tightening Iranian sanctions while loosening Russian oil relief underscores the competing pressures bearing on the administration’s energy policy.
Friday’s decision follows a series of energy-related policy adjustments Washington has made since U.S.–Israeli military operations against Iran began in late February.
On March 6, Bessent said the United States may consider easing sanctions on more Russian oil after granting India a 30-day waiver to purchase Russian crude.
Days later, on March 9, Trump said Washington would waive oil-related sanctions on some countries.
“We’re looking to keep the oil prices down,” he said during a press conference in Miami, adding that prices had risen artificially due to the conflict.
On March 18, the Treasury eased sanctions on Venezuela’s state-owned oil and gas company, allowing U.S. companies to do business with the firm amid tightening oil supplies during the Iran war. The following day, Bessent said the United States may lift sanctions on Iranian oil currently in transit to bolster supply and stabilize energy prices. An Iranian oil waiver, issued March 20, ultimately allowed some 140 million barrels to reach global markets.
Tyler Durden
Sat, 04/18/2026 - 15:10 Close
Sat, 18 Apr 2026 18:35:00 +0000 Dramatic Audio: Indian Tanker Was Given Permission Before Being Fired On By IRGC, Delhi Summons Ambassador
Dramatic Audio: Indian Tanker Was Given Permission Before Being Fired On By IRGC, Delhi Summons Ambassador
India has summoned the Iranian ambassador in New Delhi in a rare moment of inter-BRICS discord after its tan
Read more.....
Dramatic Audio: Indian Tanker Was Given Permission Before Being Fired On By IRGC, Delhi Summons Ambassador
India has summoned the Iranian ambassador in New Delhi in a rare moment of inter-BRICS discord after its tanker was attacked earlier Saturday while trying to traverse the Strait of Hormuz, which has been closed once again.
"During the meeting, the Foreign Secretary conveyed India's deep concern at the shooting incident earlier today involving two Indian-flagged ships in the Strait of Hormuz," the statement from India said. The full statement, which is still somewhat tame in its rhetoric in light of the fact that what the Indian vessel thought was an "approved" transit came under direct attack:
The UK Maritime Trade Operations (UKMTO) reports that a tanker was "approached by 2 IRGC gunboats, with no VHF challenge, and then fired upon ."
The official Indian government statement continues: "He noted the importance that India attached to the safety of merchant shipping and mariners and recalled that Iran had earlier facilitated the safe passage of several ships bound for India."
It adds, "Reiterating his concern at this serious incident of firing on merchant ships , the Foreign Secretary urged the Ambassador to convey India's views to the authorities in Iran and resume at the earliest the process of facilitating India-bound ships across the Strait."
The ship has since been identified as the SANMAR HERALD :
It is likely that the tanker in involved is the Indian-flagged VLCC Sanmar Herald (IMO 9330563) which as changed its name to INDIANSHIPINDIANCREW on AIS. In a recording of a purported VHF radio message circulating in the industry a crew member says it is the Sanmar Herald and “you gave me clearance to go, you are firing now, let me turn back”.
An AIS track for the tanker from Pole Star Global also matches the timing and location given in the UKMTO warning.
Clearly the audio, released by TankerTrackers, strongly suggests the captain and crew had prior permission from Tehran/IRGC authorities , which the dramatic exchange demonstrates:
A second Indian-flagged vessel seems to have been subject to inbound projectiles. More from the first Indian tanker's audio exchange with the Iranian side:
Captain in dramatic audio: " You gave me clearance to go ... you are firing now!"
Meanwhile, President Trump reacted at the White House on Saturday: "We're talking to them. They wanted to close up the strait again — you know, as they've been doing for years — and they can't blackmail us ."
Subsequently there are reports that the US Navy could begin intercepting and boarding Iran-linked vessels anywhere in the world, as Washington tries to reassert leverage over the dicey Hormuz Strait situation.
Tyler Durden
Sat, 04/18/2026 - 14:35 Close
Sat, 18 Apr 2026 18:00:00 +0000 An Overheating Feedback Loop
An Overheating Feedback Loop
An Overheating Feedback Loop
Submitted by QTR's Fringe Finance
Congratulations, you made it through the panic…and now the market has decided none of it ever mattered and things are 5% better than they’ve ever been in history. Prices have not only recovered from the Iran war scare, they’ve pushed comfortably beyond where they were before it even started.
The NASDAQ is logging a batshit insane 13 -day winning streak, marking its longest consecutive green run since July 2009.
That’s impressive, if your definition of impressive includes a complete disregard for unresolved risk and/or any type of valuation or fundamentals. Because despite what price action is implying, nothing has really been definitively fixed, guaranteed, or even clarified. Only time will solidify that, in my opinion.
Yet here we are, higher anyway.
What’s driving this move isn’t exactly a groundswell of improving fundamentals. It’s positioning. It’s call buying forcing dealers to chase the market higher. It’s short squeezes lighting a fire under anyone who dared to hedge. It’s CTAs and systematic strategies piling in as momentum signals flip. This is a feedback loop, not a sober reassessment of long-term value . These loops can run longer than expected, but they are not stable by nature. They are self-reinforcing until they are suddenly not.
Don’t get it twisted. Valuations are stretched to the point where even the usually forgiving models are starting to sound like skeptics. The Shiller P/E is back near 40, a level that has historically been less a launchpad and more a warning sign.
Price-to-sales, mean reversion frameworks, and all that happy horseshit that used to matter back when the market was a closed loop system without an injection valve for Fed liquidity at any moment’s notice are all flashing the same message. At this point, you’re not paying for growth, you’re paying for a very optimistic version of the future where almost nothing goes wrong. Can you blame SpaceX for trying to get a valuation at 125x sales for its IPO.
But that’s the problem with markets at these levels. They don’t need a disaster to fall. They just need reality to be slightly less perfect than what’s currently priced in. Forget a private credit black swan. Just a mild earnings disappointment, a shift in liquidity, or even a rate cut (yes, cut) that signals underlying weakness instead of strength could be enough. The idea that rate cuts are automatically bullish tends to hold right up until the moment they aren’t, which is usually when they arrive for the wrong reasons. That “crash on rate cut” scenario people like to wave off doesn’t require imagination…it just requires a change in interpretation.
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If you bought the dip over the last month, you did the “hard” part. You took risk when it was uncomfortable, when headlines were messy, and when positioning was cleaner. That’s where money is typically made. But confusing that trade with a long-term hold at these levels could be how gains quietly evaporate. Markets that rip higher on positioning tend to offer very little warning when they reverse, and they don’t pause to let everyone exit in an orderly fashion.
Could this keep going? Absolutely. Markets can stay elevated, irrational, and frustratingly strong longer than seems reasonable. But I don’t think that makes it wise to press your luck here. At these valuations, with this kind of flow-driven backdrop, you are just not being particularly well compensated for the risk you’re taking, if you ask me. You’re relying on momentum to continue, and momentum is not a contract.
This is, in my opinion, could be a great place to take some profits, especially if you participated in the recent move. Not because the market must immediately collapse, but because the balance of risk and reward has shifted in a way that should at least make you think twice. There’s a difference between letting winners run and refusing to acknowledge when the easy part is over.
Proceed with caution. Because markets like this don’t send polite warnings when they turn and rip lower again. They just do it, and ask questions later.
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Tyler Durden
Sat, 04/18/2026 - 14:00 Close