Minimalist News

Simply the latest news, updated on the hour.

Wed, Feb 25, 2026, 2:21 PM EST

World

AI Summary

  • Geopolitical tensions remain high as the US and Iran engage in a complex diplomatic dance, with threats of military action juxtaposed with calls for de-escalation, while conflicts in Ukraine and Sudan continue to draw international concern and accusations of severe human rights violations.
  • The global economy faces a complex landscape of inflation fears, potential interest rate adjustments by central banks like the Fed, and shifting trade dynamics, particularly with China's growing influence and the EU's efforts to adapt to new trade rules.
  • The artificial intelligence boom is a dominant theme across industries, driving innovation in sectors like nuclear energy and prompting discussions on its economic implications, including potential impacts on electricity consumption and the need for new regulatory frameworks.
  • The ongoing fallout from the Jeffrey Epstein scandal continues to impact prominent figures, leading to resignations from esteemed institutions and raising questions about accountability and the handling of sensitive allegations.
  • Technological advancements and cybersecurity threats are at the forefront, with news ranging from the Ethereum Foundation addressing client diversity concerns to destitution faced by cyberscam farm survivors, alongside criminal investigations targeting school districts and reports of illegal interference against journalists.

ZeroHedge

  • Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ an hour ago by Tyler Durden

    Yen Tumbles After Takaichi Nominates Two Prominent Doves To The BOJ It's not just Trump who is stacking his central bank with uberdoves. After plunging yesterday following a Mainichi report that Japanese Prime Minister expressed concerns at more BOJ rate hikes, the yen has tumbled more, sending the USDJPY as high as 156.80 this morning, the highest since Feb 9, after the Takaichi administration announced two nominees to succeed the outgoing BoJ Policy Board members later this year, both of whom have a history of dovish commentary. Toichiro Asada was presented as a successor to Asahi Noguchi (whose term ends on March 31st),

  • Subpar 5Y Auction Sees Biggest Tail Since July 2025, Bid to Cover Slides an hour ago by Tyler Durden

    Subpar 5Y Auction Sees Biggest Tail Since July 2025, Bid to Cover Slides After yesterday's 2 Year auction, moments ago the Treasury sold its second coupon for the week when it auctioned off $70BN in 5 Year paper in a rather lackluster auction.  The auction priced at a high yield of 3.615%, down from 3.823% a month ago, and the lowest since November; it also tailed the When Issued 3.608% by 0.7bps, the biggest tail since last July. The bid to cover was ugly, dropping to 2.32, down from 2.34 and the lowest since July 2025. The internals were fractionally better, with foreign demand

  • Schumpeter Didn't Have This Level Of Destruction In Mind an hour ago by Tyler Durden

    Schumpeter Didn't Have This Level Of Destruction In Mind By Michael Every of Rabobank The tendency for the rate of things to fall Markets are trying to get past a report on how devastating AI could be for employment. There are push-backs: it ignores resource constraints and Schumpeterian creative destruction, and echoes Marx’s Tendency for the Rate of Profits to Fall. Yet Anthropic just released desk-top plug-ins plugins aimed at HR, design, engineering, ops, financial analysis, investment banking, equity research, private equity, and wealth management, e.g., it can do all the analysis in a spreadsheet, write the report on it, and make the

  • "Do You See What Happens Larry...": Summers Out At Harvard After Epstein Scandal 2 hours ago by Tyler Durden

    "Do You See What Happens Larry...": Summers Out At Harvard After Epstein Scandal Who could have seen this coming? Aug 2019: Clinton Treasury Secretary Larry Summers Rode On Epstein's 'Lolita Express' > The former Harvard President and Clinton-era Treasury Secretary has been cited four times on the flight logs of Jeffrey Epstein's 'Lolita Express'. During his first trip, he was still working in the Clinton administration. And during his most recent - in 2005 - he and his wife accompanied Epstein to Epstein's private island just days after their wedding. > > During his first trip on Sept. 19, 1998, (while he was Treasury

  • Ethereum Foundation Starts Staking ETH As Client Diversity Concerns Persist 2 hours ago by Tyler Durden

    Ethereum Foundation Starts Staking ETH As Client Diversity Concerns Persist Authored by Christina Comben via CoinTelegraph.com, The Ethereum Foundation has begun staking part of its treasury, turning one of Ethereum’s most influential entities into a direct economic participant in network consensus. According to a Tuesday post on X, the foundation deposited 2,016 Ether and plans to stake about 70,000 in total, with all rewards flowing back into its treasury to fund protocol research and development, ecosystem development and grants. In its announcement, the foundation stressed that new validators were being operated using open-source infrastructure, Dirk and Vouch, originally developed by Attestant and now part of Bitwise’s institutional


The Guardian

  • US accused of ‘shameless exploitation’ over proposed Zambian health aid deal 7 hours ago by Andrew Green
    Global health, Global development, Zambia, Aid, US foreign policy, Trump administration, US politics, World news, Africa, US news

    Leaked draft of $1bn memorandum of understanding reveals mandatory targets, sharing of data, and reported access to mining concessions The US has been accused of “shameless exploitation” over a health financing agreement with Zambia worth more than $1bn (£740m), amid warnings that the country is getting a raw deal from the Trump administration. A leaked draft of a five-year memorandum of understanding (MOU) between the two countries, seen by the Guardian, reveals that Zambia may accept terms worse than health financing agreements the US has reached with 16 other African countries. Continue reading...

  • Royal Artillery under fire after denying access to looted Asante treasure a day ago by Dalya Alberge
    Military, UK news, Ghana, Africa, World news, Europe, Museums, Heritage, Colonialism

    ‘Extraordinary’ golden lamb’s head pillaged in 1874 from what is now Ghana remains hidden in officers’ mess The Royal Artillery is facing criticism after it emerged they are refusing public access to an “extraordinary object” looted by the British army in the 19th century from the Asante people in modern-day Ghana. The glistening golden ram’s head would seemingly be worthy of any museum, but it remains hidden within the regiment’s mess at Larkhill in Wiltshire. Continue reading...

  • Robert Mugabe’s son charged with attempted murder over Johannesburg shooting 2 days ago by Rachel Savage in Johannesburg
    Zimbabwe, Robert Mugabe, Africa, World news, South Africa

    Bellarmine Chatunga Mugabe, known for lavish lifestyle, also accused of theft and being illegal immigrant after man allegedly shot in back A son of the late Zimbabwean president Robert Mugabe has been charged with attempted murder after a 23-year-old man was allegedly shot in the back on 19 February in an upmarket area of Johannesburg. Bellarmine Chatunga Mugabe, 28, appeared in court on Monday for a brief hearing alongside co-accused Tobias Mugabe Matonhodze. Mugabe’s lawyer Sinenhlanhla Mnguni declined to comment when asked by reporters whether the two men were related. Mnguni said he would request bail for his clients at the next

  • RSF siege of El Fasher in Sudan has ‘hallmarks of genocide’, UN mission finds 6 days ago by Eromo Egbejule and agencies
    Sudan, Africa, Middle East and north Africa, World news, Chad, United Nations, United Arab Emirates

    Report details harrowing 18-month occupation of North Darfur capital, showing destruction aimed at ethnic communities The siege and capture of the Sudanese city of El Fasher by the paramilitary Rapid Support Forces group last October bore “the hallmarks of genocide”, a UN-mandated fact-finding mission has said. In a report detailing the harrowing 18-month occupation of the capital of North Darfur, investigators concluded that the RSF and allied militias deliberately inflicted conditions calculated to bring about the physical destruction of the Zaghawa and Fur ethnic communities. Continue reading...

  • More than 1,000 Kenyans lured to fight for Russia in Ukraine war, report says 6 days ago by Carlos Mureithi in Nairobi and Rachel Savage in Johannesburg
    Kenya, Ukraine, Russia, Africa, Europe, World news

    Intelligence findings read to parliament say ‘rogue’ agencies and individuals recruiting Kenyan nationals to frontline More than 1,000 Kenyans have been lured to fight for Russia in its war with Ukraine, according to an intelligence report to the Kenyan parliament that highlights the scale of a Russian operation taking African men to the frontline. The majority leader of Kenya’s national assembly, Kimani Ichung’wah, said “rogue recruitment agencies and individuals in Kenya” were continuing to send Kenyan nationals to fight in the conflict, as he read MPs the summary of an investigation by Kenya’s National Intelligence Service. Continue reading...


South China Morning Post

  • Ex-US Treasury chief Larry Summers quits Harvard over Epstein ties an hour ago by Agence France-Presse

    Former US Treasury secretary Larry Summers has resigned from his teaching post at Harvard University over his links to convicted sex offender Jeffrey Epstein, the Ivy League institution said on Wednesday. Summers, who ran the US Treasury under former president Bill Clinton, was revealed in the Epstein files released by the Department of Justice to have had extensive exchanges with the now-deceased financier. Clinton will testify before a congressional committee on Epstein on Friday while his...

  • Pentagon to spend US$12 billion on surveillance over China’s military build-up in Asia 2 hours ago by Bloomberg

    The Pentagon plans to spend an additional US$12.6 billion to improve surveillance of China’s military manoeuvres, submarines and satellites as the US tries to counter the “unprecedented Chinese military build-up” in Asia, according to a budget document sent to Congress. The funds, approved by Congress outside the normal budget process, are designed to improve US military readiness, offensive cyber capabilities and surveillance efforts across the Indo-Pacific. It will also help expand operations...

  • Bill Gates says he had affairs with 2 Russian women, denies ties to Epstein’s victims 4 hours ago by Agence France-Presse

    Bill Gates has admitted making a “huge mistake” in associating with Jeffrey Epstein, telling staff at his charity foundation that he had affairs with two Russian women but denying involvement in the disgraced financier’s crimes. The Microsoft co-founder is among the prominent names appearing in documents released by the US Justice Department that revealed close friendships, illicit financial dealings and private photos with convicted sex offender Epstein. In a town hall on Tuesday with staff at...

  • Canada approves all Gulfstream jets, ‘backing down’ to Trump’s tariff threats 5 hours ago by Bloomberg

    Canada’s aviation regulator certified the remaining Gulfstream private jet models that US President Donald Trump asked it to approve, a move which let the White House claim a win in its trade dispute with Canada. The certifications of Gulfstream’s GVIII-700 and GVIII-800 models, the largest business aircraft made by the unit of General Dynamics, were issued on Monday by Transport Canada. Trump said on January 29 that Canada had “wrongfully, illegally” refused to certify Gulfstream jets. Unless...

  • Who is Ali Shamkhani, the face of Iran’s wartime resistance? 7 hours ago by Reuters

    Ali Shamkhani, who taunted Israel after ⁠being pulled alive from the rubble of his Tehran home ⁠following a strike in June 2025, has survived at the centre of Iranian policymaking during ⁠its most testing military confrontations and diplomatic endeavours. The 70-year-old former Revolutionary Guard commander is a trusted adviser to Supreme leader Ayatollah Ali Khamenei in a high-stakes stand-off with the US that could determine whether the Islamic Republic, born from revolution in 1979, survives...


New York Times

  • Epstein Files Are Missing Records About Woman Who Made Claim Against Trump 2 hours ago by Mike Baker and Michael Gold
    United States Politics and Government, Epstein, Jeffrey E (1953- ), Trump, Donald J, Justice Department, House Committee on Oversight and Government Reform, Sex Crimes

    Documents released by the Justice Department briefly mention a woman’s unverified accusation that Donald J. Trump assaulted her in the 1980s, when she was a minor. But several memos related to her account are not in the files.

  • Larry Summers Will Resign From Harvard After Jeffrey Epstein Revelations 29 minutes ago by Mark Arsenault
    Colleges and Universities, Harvard University, Justice Department, Summers, Lawrence H

    Mr. Summers, former president of the school, had stepped back from teaching after documents showed a closer relationship to Jeffrey Epstein than previously known. He will leave at the end of the academic year.

  • Maurene Comey, a Prosecutor in Epstein Case, Joins New York Law Firm 4 hours ago by Benjamin Weiser
    United States Politics and Government, United States Attorneys, Federal Courts (US), Bondi, Pamela J, Comey, Maurene, New York City, Epstein, Jeffrey E (1953- ), James, Letitia

    Maurene Comey is joining Patterson Belknap Webb & Tyler. She was abruptly fired by the Trump administration last year after a career as a top federal prosecutor.

  • Trump Puts On a Show, Casting Democrats as the Villains 6 hours ago by Katie Rogers
    United States Politics and Government, Supreme Court (US), Trump, Donald J, Democratic Party, Illegal Immigration, Murders, Attempted Murders and Homicides, United States Economy

    On the defensive over the economy and with the midterms approaching, President Trump made clear that his political strategy is to paint Democrats as unpatriotic and ‘crazy.’

  • 6 Takeaways From Trump’s State of the Union 6 hours ago by Tyler Pager and Luke Broadwater
    United States Politics and Government, State of the Union Message (US), Presidential Medal of Freedom, Trump, Donald J, Supreme Court (US), Customs (Tariff), Democratic Party, Trump, Melania, United States Economy, Inflation (Economics), Polls and Public Opinion, Iran, United States Defense and Military Forces

    In an address that was heavy on theatrics, President Trump lashed out at Democrats as “crazy” and unpatriotic.


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