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— 🇺🇸/🇮🇷 NEW: In the war against Iran, the U.S. Air Force and Navy suffered the most aircraft losses per sortie since World War ll @Middle_East_Spectator

🌡 🌍 ⏳️ This year’s record-smashing El Niño will act like a climate time machine, temporarily pushing global temperatures to levels that might not otherwise be reached for another decade or so. https://www.washingtonpost.com/weather/2026/08/13/record-el-nio-could-fast-forward-planets-temperature-by-decade/ 📎 Washington Post

📝 🇺🇸 ☔️Why has there been so much flooding in the United States lately? One key factor: Mountains of moisture in the Pacific! Big precipitable water anomalies have extended from an El Niño-scorched Pacific into the U.S., giving storms a deeper reservoir…

📝 🇺🇸 ☔️Why has there been so much flooding in the United States lately? One key factor: Mountains of moisture in the Pacific! Big precipitable water anomalies have extended from an El Niño-scorched Pacific into the U.S., giving storms a deeper reservoir of water vapor to tap into. 📝 Jeff Berardelli: "This is important. The map shows that moisture in the air is higher…. Basically everywhere! That’s why we keep getting these 1-1000 year rain events. It’s because that probability is based on the past climate. We now have a new climate. Much more moisture is available for storms. El Niño is supercharging this effect at the moment, but the underlying mechanism is long term climate warming." 📎 Ben Noll

🇻🇪🇮🇱✡ Maduro's son (Nicolás Maduro Guerra Aka: Nicolasito) just like his father, returns to present himself as Jewish in the Venezuelan-Israeli community.

⛽️ Diesel - the fuel that prices almost everything in our daily lives - everywhere in the world sits firmly in the $160-185 per barrel range. It's a little better for gasoline. But not much. Most macro models are fixated on the WTI and Brent crude prices…

🇷🇺⛽️ Russia's ban on the export of diesel fuel will be extended until the end of 2026, deputy prime-minister, Alexander Novak announced. 🔗 https://t.me/vzglyad_ru/147474

📖 🇺🇸 💵 JD Vance Before the election wanted to end the US dollar's position as a global reserve currency. https://www.youtube.com/watch?si=C07N7izfFvJJLdEP&v=sDwSHItK6X8 https://www.youtube.com/watch?si=nNR9qSzOJ_dEf896&v=e1VzOUd5IYc 📎 Phil Magness

📝 🇺🇸 💵 “Why can’t we do that again?” — Scott Bessent on Bretton Woods back in 1944 which led to economic prosperity across the globe. https://www.youtube.com/live/vK8PFc0XBts 📎 Redeye

📖 🇺🇸 💵 Treasury Secretary Scott Bessent Remarks before the Institute of International Finance April 23, 2025 In the final months of World War II, Western leaders convened the greatest economic minds of their generation. Their task? To build a new financial system. At a quiet resort high up in the mountains of New Hampshire, they laid the foundation for Pax Americana. The architects of Bretton Woods recognized that a global economy required global coordination. To encourage that coordination, they created the IMF and the World Bank. These twin institutions were born after a period of intense geopolitical and economic volatility. The purpose of the IMF and the World Bank was to better align national interests with international order, thereby bringing stability to an unstable world. In short, their purpose was to restore and preserve balance. This remains the purpose of the Bretton Woods institutions. Yet everywhere we look across the international economic system today, we see imbalance. The good news: it doesn’t have to be this way. My goal this morning is to outline a blueprint to restore equilibrium to the global financial system and the institutions designed to uphold it. I have spent the bulk of my career from the outside looking in on financial policy circles. Now I am on the inside looking out. And I am eager to work with each of you to restore order to the international system. To achieve this, however, we must first reconnect the IMF and World Bank with their founding missions. The IMF and World Bank have enduring value. But mission creep has knocked these institutions off course. We must enact key reforms to ensure the Bretton Woods institutions are serving their stakeholders—not the other way around. Bringing balance back to global finance will require clear-eyed leadership from the IMF and World Bank. This morning, I will explain how they can provide that leadership to build safer, stronger, and more prosperous economies all around the world. I wish to invite my international counterparts to join us in working toward these goals. On this point, I wish to be clear: America First does not mean America alone. To the contrary, it is a call for deeper collaboration and mutual respect among trade partners. Far from stepping back, America First seeks to expand U.S. leadership in international institutions like the IMF and World Bank. By embracing a stronger leadership role, America First seeks to restore fairness to the international economic system. https://youtu.be/SRCsjVlA0VA?si=duIifQOl-DHAGdWQ https://home.treasury.gov/news/press-releases/sb0094

📖 🇺🇸 💵 Scott Bessent before the Election: “In the next few years, we are going to have some kind of grand economic reordering. Something equivalent to a new Bretton Woods. There’s a very good chance that happens in the next 4 years and I’d like to be a part…

📖 🇺🇸 💵 Scott Bessent before the Election: “In the next few years, we are going to have some kind of grand economic reordering. Something equivalent to a new Bretton Woods. There’s a very good chance that happens in the next 4 years and I’d like to be a part of it.” 📎 Geiger Capital

—❗️🇸🇦/🇾🇪 NEW: Mokha Port, the main supply hub in western Yemen controlled by Saudi-backed forces, suspends all operations until further notice due to repeated attacks @Middle_East_Spectator

⚓️ 🇺🇸 The U.S. Navy is considering a major redesign of its new aircraft carriers to better match President Trump’s preferred aesthetic for the warships. Trump’s preference, current and former officials said, is for the new aircraft carriers to look more like…

🇺🇸⚡️ — A very informative opinion article written by TWZ, of which I completely agree with, regarding the future redesign of Ford-class aircraft carriers from electromagnetic catapults to steam catapults. TWZ reports the change risks creating delays in future…

🇺🇸🇮🇷⚡️ — NEW: The USS Abraham Lincoln’s supply problems began after Iran heavily damaged the U.S. Navy base in Bahrain (NSA Bahrain) at the start of the war, knocking out a logistics hub the Navy had relied on for decades, NYT reports. With other Gulf ports…