Minimalist News

Simply the latest news, updated on the hour.

Tue, Feb 24, 2026, 9:19 AM EST

World

AI Summary

  • Meta has reportedly struck a colossal $60 billion chip deal with AMD, signaling a significant investment in AI infrastructure, even as market jitters surrounding AI's potential doomsday scenarios persist.
  • The ongoing conflict in Ukraine has marked its fourth anniversary, with President Zelenskyy continuing to urge international support and notably inviting former President Trump to visit the war-torn nation.
  • Mexican security forces have reportedly killed drug cartel kingpin 'El Mencho,' a move that has sparked violent repercussions and highlighted the persistent challenges of cartel violence in the region.
  • Amidst escalating geopolitical tensions, the US State Department has accused China of 'massively' expanding its nuclear arsenal, raising concerns about a potential new arms race.
  • The demand for electrified supercars appears to be significantly lower than anticipated, with Lamborghini's EV Lanzador facing a market where demand for such vehicles is described as 'close to zero'.

ZeroHedge

  • Despite Rise In December, US Home Prices Saw Weakest Full-Year Gain Since 2011 42 minutes ago by Tyler Durden

    Despite Rise In December, US Home Prices Saw Weakest Full-Year Gain Since 2011 For the fifth straight month, US home prices across its 20 largest cities rose in December (according to the admittedly lagged and smoothed Case-Shiller data released today). The 0.47% MoM rise is down very mopdestly from the upwardly revised +0.53% MoM in November Source: Bloomberg However, as S&P Cotality reports, "National home prices grew just 1.3% for the year - the weakest full-year gain since 2011." ...but, declining mortgage rates suggest the rebound in aggregate prices could be about to explode... Source: Bloomberg Is this what President Trump wants to see? Flat prices and

  • Jittery Futures Erase Gains Amid AI Doomsday Fears an hour ago by Tyler Durden

    Jittery Futures Erase Gains Amid AI Doomsday Fears A short rebound in stocks fizzled after Monday's drop, as worries about the disruptive impact of artificial intelligence continued to unsettle markets which digested yesterday’s AI scare, and await today’s Claude / Anthropic presentation, while preparing for tonight’s State of the Union address (“SOTU”). Some have suggested that Trump may attack power generation risks during SOTU as he deals with affordability.As of 8:00am ET, S&P 500 futures traded unchanged, erasing an earlier 0.3% gain. The benchmark fell 1% in the previous session following a sharp drop in dealer gamma and a report that rehashes well-known

  • Early Tax Refunds Are Showing A 14% Increase, IRS Says an hour ago by Tyler Durden

    Early Tax Refunds Are Showing A 14% Increase, IRS Says Authored by Jack Phillips via The Epoch Times, The average tax refund for American taxpayers has increased on a year-over-year basis, the IRS said in a Feb. 20 update. The average refund amount increased 14.2 percent in 2026 to $2,476 as of Feb. 13, according to the agency. Last year, the average refund for the same time period was $2,169. Meanwhile, the average direct deposit refund amount for taxpayers is up 13.1 percent year over year, from $2,252 in 2025 to $2,548 in 2026. The IRS added that the total number of tax returns that

  • Jane Street Sued For Crypto Insider Trading That Accelerated Terraform Collapse 2 hours ago by Tyler Durden

    Jane Street Sued For Crypto Insider Trading That Accelerated Terraform Collapse For years - literally - we have been pounding the table and pointing out market rigging and manipulation irregularities in the crypto markets which, for reasons of our own, we attributed to one of the world's foremost HFT shops and most profitable "market makers" in the world (if not India), Jane Street. Below is an example from 2023, and here are hundreds of others... > Jane Street is going to frontrun so many bitcoin ETF orders, SBF would have made trillionaire if he had only stayed there. And it would have

  • Moscow Police Targeted In Deadly Car Bombing On 4th Anniversary Of Russian Invasion 2 hours ago by Tyler Durden

    Moscow Police Targeted In Deadly Car Bombing On 4th Anniversary Of Russian Invasion There's been another killing by explosive device in the heart of Moscow - this time coming on the fourth anniversary of the start of the Russia-Ukraine war. The Russian Interior Ministry has confirmed that a culprit detonated powerful bomb beside a police patrol car in central Moscow early Tuesday, near a public transport hub, which killed one officer and wounded two more. Anadolu/Getty Images Based on the details, the attack was clearly targeting the police officers, as the attacker approached their car before quickly setting off the bomb. The patrol car was badly


The Guardian

  • Royal Artillery under fire after denying access to looted Asante treasure an hour 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 a day 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 5 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 5 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...

  • Countries that do not embrace AI could be left behind, says OpenAI’s George Osborne 6 days ago by Robert Booth in Delhi
    George Osborne, OpenAI, AI (artificial intelligence), Global economy, Technology, Economics, Trump administration, India, Benin, Rwanda, Business, European Union, Africa, UK news

    Without AI you will be a ‘weaker and poorer nation’, says former UK chancellor two months into job at US firm The former chancellor George Osborne has said countries that do not embrace the kind of powerful AI systems made by his new employer, OpenAI, risk “Fomo” and could be left weaker and poorer. Osborne, who is two months into a job as head of the $500bn San Francisco AI company’s “for countries” programme, told leaders gathered for the AI Impact summit in Delhi: “Don’t be left behind.” He said that without AI rollouts they could end up with a workforce “less


South China Morning Post

  • Despite Supreme Court ruling, Trump has legal cards for tariffs in hand 2 hours ago by James David Spellman

    It’s no surprise that US President Donald Trump came out swinging after the Supreme Court’s stunning rebuke struck at the core of his economic agenda. It delivered his most consequential legal setback by blocking him from invoking emergency powers to unilaterally impose sweeping tariffs on trading partners. The International Emergency Economic Powers Act (IEEPA), enacted in 1977, allows the president to regulate economic transactions after declaring a national emergency in response to an...

  • 4 years into Ukraine conflict, Zelensky says Russia’s Putin ‘did not win this war’ 4 hours ago by Agence France-Presse

    President Volodymyr Zelensky marked the four-year anniversary of the Ukraine war by accusing Russian counterpart Vladimir Putin of trying to take over Ukraine, saying he had failed to achieve this and other war goals. In a video address that showed Ukrainians carrying out acts of resistance against Russian soldiers in the opening days of the conflict, Zelensky added that Ukraine was ready to do “everything” it could to secure a strong, lasting peace. Hundreds of thousands have died since Russia...

  • France demands answers from US envoy for ignoring summons as diplomatic feud deepens 6 hours ago by Associated Press

    France’s feud with the US ambassador to Paris took another turn on Tuesday with the French foreign minister saying the top US diplomat in France must explain himself after ignoring a French summons. The minister suggested that Ambassador Charles Kushner will not have access to French government officials until he complies. French authorities had summoned Kushner, the father of US President Donald Trump’s son-in-law and adviser Jared Kushner, for a meeting on Monday evening over comments from the...

  • China’s Latin America strategy goes well beyond Venezuela and Panama 6 hours ago by Winston Mok

    In the early days of 2026, there has been an unexpected turn in China’s global relations. Some US allies have started reaching out to China just as China faced complications in ties with some friendly countries in the Global South. The underlying cause for both trends is the Trump administration’s imperial behaviour. With the dramatic abduction of Venezuelan President Nicolas Maduro and US President Donald Trump’s wish to control Venezuela’s oil, China’s economic stake in one of its closest...

  • Where Ukraine and Russia stand as war enters fifth year 8 hours ago by Agence France-Presse

    Russia launched its full-scale invasion of Ukraine on February 24, 2022, unleashing the deadliest war in Europe since World War II. As the conflict reaches its four-year mark, here’s a look at the state of the conflict and some of the consequences for both countries. Destruction The war has resulted in widespread destruction in Ukraine. Entire cities in Ukraine’s east and south, among them Bakhmut, Toretsk and Vovchansk, have been reduced to rubble by fighting. The World Health Organization has...


New York Times

  • The Looming Taiwan Chip Disaster That Silicon Valley Has Long Ignored an hour ago by Tripp Mickle
    Computer Chips, Computers and the Internet, Factories and Manufacturing, United States International Relations, International Relations, International Trade and World Market, Customs (Tariff), United States Economy, Foreign Investments, Taiwan, China, Taiwan Semiconductor Manufacturing Company Ltd, Arizona, NVIDIA Corporation, Huang, Jen-Hsun, Intel Corporation, Samsung Group, Musk, Elon, Advanced Micro Devices Inc., Su, Lisa (1969- ), Apple Inc, Cook, Timothy D, Qualcomm Inc, Biden, Joseph R Jr, Sullivan, Jacob J (1976- ), Raimondo, Gina M, Trump, Donald J, Lutnick, Howard W, Xi Jinping

    If China invades Taiwan and cuts off its chip exports to American companies, the tech industry and the U.S. economy would be crippled.

  • Meta Announces Major Chips-for-Stock Deal With AMD an hour ago by Adam Satariano and Tripp Mickle
    Computer Chips, Artificial Intelligence, Data Centers, Meta Platforms Inc, Advanced Micro Devices Inc.

    The multibillion-dollar deal is AMD’s latest move to catch up to Nvidia in the lucrative world of selling artificial intelligence chips.

  • China Amps Up Pressure on Japan With Restrictions on Exports 3 hours ago by Javier C. Hernández
    Defense and Military Forces, International Relations, Politics and Government, International Trade and World Market, Rare Earths, Economic Conditions and Trends, Embargoes and Sanctions, Japan, China, Mitsubishi Heavy Industries Limited, Japan Aerospace Exploration Agency, Subaru, Takaichi, Sanae

    Beijing placed the restrictions on 20 Japanese entities with ties to the defense industry, the latest ratcheting up of its monthslong feud with Tokyo.

  • ICE Whistle-Blower Says Training Is ‘Broken,’ and OpenAI Faces Questions About Mass Shooter 4 hours ago by Tracy Mumford, Will Jarvis, Ian Stewart and Adam Satariano
    Whistle-Blowers, Immigration and Customs Enforcement (US), OpenAI Labs

    Plus, how Mexico tracked its most-wanted cartel leader.

  • How Russia Put Its Future at Risk by Remaking Its Economy for War 4 hours ago by Paul Sonne
    Russian Invasion of Ukraine (2022), Innovation, Foreign Investments, Economic Conditions and Trends, Putin, Vladimir V, Russia

    About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.


Looking for more? Search Google News