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The monarch called the Duke and Duchess of Sussex “private citizens with commercial and charitable interests" in a letter on Monday.

This is the season that will emphasize why the playoffs should, at minimum, be re-seeded by best-to-worst record after the first round — if not simply seeded that way from the outset.

Retired teacher Dan J. Sullivan, also known as "Decoy Dan," has been accused of secretly and illegaly colluding with a liberal group to take down his namesake Alaska senator, a watchdog alleged.

The biggest question about this team is whether Aaron Glenn can show that he should be the guy that leads the Jets beyond this year when the rebuild accelerates.

As a longtime beauty editor, I treated my face and body to the best products and treatments, but my underarm routine was pretty much nonexistent. 

Europe Finally Gets Its Own SpaceX Challenger As Isar Reaches Orbit

At 10:12pm local time on Saturday, a 92-foot rocket built by Munich startup Isar Aerospace lifted off from a windswept island above the Arctic Circle and reached orbit,  where it deployed five small satellites into a roughly 500-km orbit on what was only its second flight, making it the first commercial European company to deliver payloads to orbit and the first successful commercial orbital launch from continental Europe. 

Isar Aerospace’s Spectrum rocket takes off from the Andøya Spaceport in Norway on Sept. 5. Source: Isar Aerospace

Readers may recall how the first attempt went. As we noted in March 2025, Spectrum's maiden flight lasted about 30 seconds before the rocket flipped over and dropped into the sea in a fireball. The post-mortem, per NASASpaceflight: a vent valve popped open at T+25 seconds during the pitch-over maneuver, the vehicle lost attitude control, and the flight termination system cut all nine engines at T+30. Isar went back to the drawing board, rewrote the software, and widened the vehicle's margins.

🚀 LAUNCH!
Isar Aerospace’s Spectrum rocket has lifted off on its second flight from Andøya Spaceport in Norway.

Europe’s commercial space industry is moving fast.

Another rocket. Another step toward independent access to space. pic.twitter.com/uivGRp7Gsu

— Cosmos Europa (@CosmosEuropa) September 6, 2026

According o European Spaceflight, the 2026 campaign was not a smooth affair: January, scrubbed for a pressurization valve. March, delayed by weather, then scrubbed when an unauthorized boat wandered into the maritime exclusion zone. April, a leak in a composite pressure vessel. June, "off-nominal behaviour" in the fluid systems. September 4, called off hours after the road closures went into effect. September 5, orbit.

On Sunday their Spectrum rocket finally reached orbit. 

That was awesome to see live! pic.twitter.com/YT39A7rhfO

— fiveten (@fiveten_at) September 5, 2026

CEO Daniel Metzler said in a statement that Europe now has sovereign access to space, and that vehicle launches remain "the largest bottleneck for the global space industry."

Welcome To The Big Leagues

In response to the launch, Berlin, Brussels, Paris and Oslo all rushed out excited statements on Saturday night - which come after a series of dismal European 'failures to launch' (both literal and figurative).

Between 2022 and 2024, Europe lost access to Russian Soyuz after the Ukraine invasion, grounded the medium-lift capable Vega-C after a December 2022 failure, retired Ariane 5, and watched Ariane 6 slip four years past its planned 2020 debut. The upshot: Galileo, the navigation constellation Europe built specifically so it wouldn't have to depend on America's GPS, went up on a Falcon 9 in April 2024 under a €180 million contract with SpaceX, alongside ESA's Euclid telescope, the EarthCARE climate satellite and the Hera asteroid mission. European officials "studiously avoided" mentioning which rocket had carried them.

In 2025, Europe managed seven orbital launches: four Ariane 6 and three Vega-C, all from French Guiana. The United States did 193. China did 93. SpaceX alone flew 165 Falcon 9 missions, roughly one every 2.2 days, with individual boosters now on their 32nd flight.

My pictures of the launch taken from Grøtavær, 31 km from pad at Andøya! pic.twitter.com/4OajwBKTIM

— Knottjogg (@knottjogg) September 5, 2026

ESA's answer was the European Launcher Challenge: rather than build yet another agency rocket, pay commercial upstarts to prove they can reach orbit by the end of 2027, then buy launches from the survivors through 2030. Member states were so keen that at last November's ministerial in Bremen they more than doubled the €420 million ESA had asked for, subscribing €902 million inside a record €22.07 billion three-year budget. Isar signed its €197.8 million contract on August 27, nine days before clearing the first milestone more than a year ahead of the deadline. Rocket Factory Augsburg (€186.9 million) and Spain's PLD Space (€158.9 million) got the other two contracts; ArianeGroup's own MaiaSpace was conspicuously left waiting, and Britain's Orbex went into administration in February, leaving the UK's contribution unassigned.

Timing... 

The launch landed four days before Emmanuel Macron opens his international space summit in Paris on Wednesday, a two-day affair whose stated theme is European sovereignty in space, and which SpaceX, Blue Origin, Stoke Space and Starcloud pulled out of last Thursday after a White House Office of Science and Technology Policy official told U.S. companies on a private call, per Politico, that attending "could look like tacit support for EU policy positions."

The policies in question: the EU Space Act, which would require any operator serving EU users to obtain prior authorization and appoint an EU legal representative, and a Franco-German push to carve out more satellite spectrum for European operators, including the €10-billion-plus IRIS² constellation. That is to say, for someone other than Starlink.

The French research ministry said it was "difficult not to link" the cancellations to the reports of pressure; an Élysée official shrugged that it was the absentees' loss. Chinese delegations are expected to fill the empty chairs. And in a detail that undercuts the drama somewhat, the same American companies are due back in Paris a week later for World Space Business Week, where they will presumably be happy to sell to the Europeans they declined to meet.

So: Washington leans on its rocket companies to boycott a summit about Europe not depending on American rocket companies, and 96 hours before it opens, a German rocket reaches orbit from Norway. You could not script it.

Funding Fuels Flight

In the 17 months between fireball and orbit, Isar says its demand flipped from almost entirely civil to roughly 60% defense, with the manifest now booked through 2028. German Defense Minister Boris Pistorius toured the Ottobrunn factory in July to reiterate the €35 billion Germany intends to pour into space over the coming years, calling it "an indispensable security domain that cannot be replaced." Chancellor Friedrich Merz visited the Andøya pad in March and on Saturday called the launch "the beginning of a new era." EU defense and space commissioner Andrius Kubilius chimed in from Brussels along the same lines. Norway's trade minister cast it as a matter of Norwegian and European security; Oslo has already contracted Spectrum to launch two Arctic Ocean surveillance satellites by 2028.

Isar’s Spectrum rocket rolls out to its launch pad in Norway. Credit: Isar Aerospace

The NATO Innovation Fund made Isar its first-ever investment in a launch provider in 2024. State-owned KfW Capital co-invested in June's €270 million Series D, which valued the company at roughly €2 billion and took total funding to about €870 million alongside Lakestar, HV Capital, UVC Partners, Molten Ventures, Island Green Capital, Airbus Ventures, Porsche SE and Eldridge. And on the day NATO leaders gathered in Ankara in July, Isar signed a 10-year, roughly $112 million deal for a dedicated pad at Spaceport Nova Scotia, pitched explicitly as sovereign access for Canada, with first launches targeted for 2028.

Chief commercial officer Stella Guillen told CNBC on Monday that the industry is "desperate" for launch capacity and that Isar's pipeline now exceeds €10 billion ($11.6 billion). CNBC noted the company did not immediately clarify how much of that is actually under contract. Metzler, for his part, told reporters an IPO is not being considered.

Spectrum lifts up to 1,000 kg to low Earth orbit (700 kg to sun-synchronous), roughly a twentieth of a Falcon 9, and it is fully expendable; Isar has signaled reusability only for later versions. Its long-advertised target of about €10,000 per kilogram sits above the $5,000 to $7,000 per kilogram SpaceX charges on Transporter rideshares, though those prices have been climbing and the slots are getting scarcer as Kuiper, Chinese constellations and military customers eat the manifest. Isar's pitch is that governments will pay a premium for a dedicated ride to a specific orbit on a rocket built and launched inside NATO territory. Saturday's payloads, for what it's worth, were DLR competition winners flying on ESA's dime, not paying customers.

Picture of your launch from Tromsø... pic.twitter.com/dEVymGWzYB

— Stefan Christensen (@stefanchrist) September 5, 2026

Right now, Spectrum vehicles 3 through 7 are in production, and the new 40,000 m² factory at Parsdorf is meant to eventually turn out 40 rockets a year, a figure that would put a company that has flown twice at roughly a quarter of SpaceX's 2025 cadence.

Tyler Durden Tue, 09/08/2026 - 06:55

The Bond Selloff Isn't Fiscal Armageddon, It's The End Of A Decade Of Financial Repression; Deutsche Bank

Authored by Jim Reid, Deutsche Bank global head of macro research,

The latest global bond sell-off has revived the idea that markets are fretting over unsustainable public finances. As concerned as I am by this issue in the longer term, the recent bond market weakness at the moment should be seen more as a continuation of the long normalisation from the historic anomaly of the 2010s.

That was a decade of financial repression with central banks buying trillions in government debt, benchmark policy rates sitting near zero, and sovereign borrowing costs held down for years. Had you been on a desert island for a couple of decades, the level of yields today would look perfectly normal at the end of your sabbatical from the world, not at crisis levels.

At Deutsche Bank, our house view has consistently been in recent years that yields would rise due to heavy government issuance, the retreat of quantitative easing programmes of bond buying by central banks and inflation levels that have been persistently higher and more volatile than the pre-pandemic period. In the US, inflation has now been above the Federal Reserve’s 2 per cent target for more than five years.

There is also some positive news that has supported higher yields. Global growth has held up better than most expected since the conflict with Iran began. US nominal GDP growth in the second quarter was 6.6 per cent year on year, which, outside the Covid-19 bounceback period, was the highest level since 2005. Clearly, part of this reflects higher energy prices and inflation, but there is no doubt that real growth is also holding up, partly thanks to the continuing AI boom. This has also increased corporate debt supply, which has competed with government bonds for investor demand in recent months. European growth, meanwhile, is also performing better than many thought possible in the face of an all-too-familiar energy shock for the continent.

And make no mistake, fiscal concerns are real and higher borrowing costs potentially worsen debt arithmetic, especially if growth fades.

The big shift, though, is that the equilibrium rate for bond yields is higher than markets became accustomed to in the ultra-loose era.

This has raised understandable concern, but one thing has been under-reported: returns for investors are starting to stabilise and, in many cases, have been positive over recent months and years.

This has been a welcome change from the early 2020s, when low starting yields offered no protection from the bear market. Rolling five- and 10-year total returns are still around their lowest on record across many government bond markets. However, the worst of the negative-return period is probably behind us.

Over the past year, the Bloomberg US Treasury Total Return index delivered a positive return even as 10-year yields rose by about 0.60 percentage points. From current levels, the 10-year yield would need to rise to roughly 5.5 per cent over the next year, or 6.4 per cent over two years, before total returns turned negative. An investor who bought 10-year Treasuries at the October 2023 yield peak of 4.99 per cent would now have a total return of more than 16 per cent. It is a useful reminder of how much starting yield now matters.

The UK provides an even clearer example, given the constant negative headlines. Ten-year gilt yields are now about 0.65 percentage points above the peaks reached during the 2022 mini-Budget crisis. Yet the broad gilt index has returned roughly 12 per cent since those crisis highs. There hasn’t been any prolonged period of negative returns in gilts over those four years.

This does not mean the secular adjustment is complete. Outside of a material downgrade to growth expectations or an external shock, the forces encouraging yields to move upwards are unlikely to disappear, but at least we’re in the ballpark of normal again. Over the past 100 years, a period with regular and large swings in prices, inflation has averaged 3 per cent in the US and 4 per cent in the UK — a higher level than that seen since 1990 but lower than current long-dated yields.

After years in which returns depended heavily on capital gains, more normal levels of yields are again providing income that can compound over time, which is helping to cushion volatility and steadily reward patience. The pressures will remain, and it’s hard to see spectacular returns, especially in real terms, but at least bonds have become bonds again, and investors should bear this in mind when the next inevitable bad headline comes through.

Tyler Durden Tue, 09/08/2026 - 06:30

Asking NYC taxpayers to spend record sums on public education, only to have a third of students miss large chunks of the school year, is the ultimate indictment.

"We went from watching a guy come up from downtown from The Pile -- they had found a friend – a piece of a friend – and so he was just overwhelmed with grief."

There is more optimism right now for the Giants heading into a season since … when?

Pete Davidson and Jon Stewart will host “NYC Still Rising After 25 Years: A 9/11 Comedy Benefit” at MSG on Sept. 10, with proceeds going to support 9/11 first responders and their families.

More than 70 people were wounded after Houthi rebels launched a wave of attacks on Saudi Arabia, igniting fires at several key oil facilities.

AfD's Historic Win Shocks German Political Establishment: Here's What Happens Next

The pro-Germany, anti-globalist, anti-mass migration right-wing populist party known as Alternative für Deutschland delivered its strongest election result ever in Saxony-Anhalt on Sunday, dealing a sharp blow to Germany's political establishment. 

On Sunday, AfD secured 43.8% of the vote in Sunday's regional election, exceeding polling estimates. Chancellor Friedrich Merz's Christian Democrats lost about 19 percentage points, while turnout surged to 77.8% from 60.3% in 2021.

According to Marion Mühlberger, a senior economist at Deutsche Bank, AfD's weekend win leaves the party holding 39 seats in the 83-member legislature, three short of an absolute majority. The CDU, Social Democrats, Greens and Left also have a combined 39 seats. 

German AfD Leader Alice Weidel:

Germany is de facto bankrupt. Germany is broke, and they are not telling you that.

At some point, you simply have to lay the cards on the table and put the numbers out there. The whole thing is no longer financially sustainable.

France is broke… pic.twitter.com/nJaYk9btDz

— Clash Report (@clashreport) September 7, 2026

Mühlberger said there are two possible outcomes of what comes next: an AfD minority government tolerated by BSW, or a political stalemate that leads to a snap election, which would only give AfD a new opportunity to secure outright control.

 Mühlbergere explained:

At the time of writing, the two most likely options are i) an AfD minority government (supported by the BSW) or ii) a stalemate resulting in snap elections, with the AfD hoping to reach an absolute majority rather than attempting a minority government. AfD leadership for now appears undecided on their preference: while national co-leader Chrupalla last night indicated a willingness to try a minority government, AfD's lead candidate in Saxony-Anhalt, Ulrich Siegmund, already suggested a snap election as his preferred option, saying that "the AfD is not prepared to make far- reaching compromise to form a coalition."

We believe that even an AfD (minority) government supported by the BSW would have materially detrimental ramifications for the economic prospects of Saxony-Anhalt over the coming years. Direct investment in the state would likely decline amid significant policy uncertainty, and skilled worker shortages would likely become even more pronounced. However, Saxony-Anhalt contributes less than 2% of German GDP, and any structural damage done to the regional economy is unlikely to spill over to the rest of the German economy. While an AfD state government might test some of Germany's federal institutions, it will have no leverage over national economic or fiscal policy, not even via the constitutional court.

Over the course of today, we will see leaders of the coalition parties in Berlin officially react to their parties' weak electoral performance. Chancellor Merz is expected to give a press statement today at 13.30 CET. There will likely be considerable political noise over the couple of weeks ahead of the state elections on 20 September in Berlin and Mecklenburg-Vorpommern. There may be some criticism of party leadership and reform proposals. However, once these final state elections of the year are over, we believe that an AfD government in Saxony-Anhalt is likely to provide an additional impetus for the federal government coalition to double down on reforms

Mühlbergere said the five seats held by the populist BSW will be decisive: 

Thus, the populist BSW, with its 5 seats, has a key role to play in the upcoming coalition negotiations as potential kingmakers. While the AfD missed their 45+% / absolute majority election target, they missed it so narrowly that it seems difficult for them to not aim for governing Saxony-Anhalt

The BSW is the potential kingmaker

As no single party reached an absolute majority needed to govern alone, coalition negotiations for entering a formal coalition or receiving ad hoc support for a minority government will kick off today. 

The BSW has theoretically three options once the new parliament has convened and the next state premier is to be elected. First, they could elect the AfD lead candidate as state premier (without entering a formal coalition), second they could elect the CDU lead candidate or third they could abstain in the first two ballots for state premier. 

Judging from statements of BSW co-leaders (at the federal level) Wagenknecht and Ali yesterday night,1 we deem the first option the most likely.

What comes next? There are two options:

Option 1 - BSW abstains in third round facilitating an AfD minority government 

This morning, BSW leader Wagenknecht called for a "political reset" in Saxony- Anhalt, especially when it comes to energy policy, sanctions against Russia (which however are set at the EU level), education, and public broadcasting. Thus, there is a certain overlap of political priorities with the AfD. However, the BSW does not want to enter a formal coalition with the AfD. 

With the AfD rejecting the BSW's proposal for an independent state premier, an AfD minority government tolerated by the BSW seems to be a possible outcome. This means that the BSW would not enter a formal coalition with the AfD, but elect the AfD lead candidate as state premier in an informal cooperation.

Option 2 - The route to snap elections 

The newly elected parliament must convene for the first time by 6 October at the latest. But the regional constitution does not set a deadline for electing a state premier. Until a new government is elected, Sven Schulze will remain in office leading the caretaker government. 

As government formation could turn out to be complex, snap elections may be a possible way out. The AfD's lead candidate Siegmund already suggested this as a potential option, saying that the AfD is not prepared to make far-reaching compromise to form a coalition.

There are three routes to snap elections:

1. If the newly elected parliament does not elect a state premier with an absolute majority after two ballots, it can decide with an absolute majority to dissolve itself before a third ballot. 
2. Six months after the election, the new parliament can decide with a two- thirds majority to dissolve itself. 
3. A newly elected state premier could call a vote of confidence. This could be a viable option for an AfD minority government, confident of winning an absolute majority in snap elections.

It is highly uncertain that snap elections would generate clear majorities. What could help the AfD is the narrative that the other parties want to keep them out of power, and that they now need a clear mandate. Moreover, smaller parties would again be at risk of not making the 5% hurdle, which would help the AfD. On the other hand, the strong AfD performance could again mobilise the centrist forces to avoid the AfD winning an absolute majority.

Mühlberger's assessment was that an AfD majority in Saxony-Anhalt could weaken investment and aggravate skilled-worker shortages. She cited policy uncertainty, the party's anti-mass migration agenda, and potential conflict with the civil service.

For Merz, the most consequential challenge is containing AfD's momentum in the upcoming elections in Berlin and Mecklenburg-Vorpommern on Sept. 20.

German AfD Leader Alice Weidel:

No chancellor before him has been as unpopular as Friedrich Merz, who has become a major burden on Germany’s positive development. pic.twitter.com/2jnLjadz34

— Clash Report (@clashreport) September 7, 2026

Polymarket's "Mecklenburg-Vorpommern Parliamentary Election Winner" market puts AfD's odds of winning at 82%.

AfD's odds of winning the Berlin election are much lower, at around 18%.

While Deutsche Bank was considerably less favorable toward AfD, Nomura analyst Andrzej Szczepaniak's recent report said that markets are less concerned about right-wing populism and more concerned about "populist left-wing parties being elected due to their desire to increase spending."

Tyler Durden Tue, 09/08/2026 - 05:55

Ukraine's 'Mood Swing' Against Zelensky: Widespread Fraud, Wartime Protests, Unpopular Dismissals

The mainstream media is turning on Ukrainian President Volodymyr Zelensky, and more and more of his population may be doing the same, at a moment of multiple high level corruption cases running straight through the presidential office.

To review, this was the second straight summer that controversial decisions by Zelensky sparked rare war time protests in Ukraine. In summer of 2025, Zelensky moved to weaken and de-legitimize two key national anti-corruption bodies. After, he came under immense pressure, also from Europe, and was forced to reverse course.

AFP/Getty Images

Then in July of this year, he dismised his popular young defense minister amid a major military reshuffling, which appears to be ongoing. Mykhailo Fedorov had been just six months on the job, and Ukrainians were by and large pleased with his strategy and direction in the war.

A sort of internal civil war had been raging between top military command and defense ministry ranks. Zelensky's intervention and final reshuffle remains highly controversial and unpopular.

Days ago, the 'esteemed' and very establishment journal, Foreign Policy ran a surprise headline strongly suggesting a popular swing among the citizenry against his rule, which has been extended amid canceled elections and martial law: 

Ukraine’s Mood Swing: Public sentiment is turning against Zelensky amid corruption concerns and weariness with his rule.

"For most of his presidency and especially since Russia launched its full-scale war, Ukrainian voters have rallied around Volodymyr Zelensky as a pillar of national resilience and unity," the FP report introduces of the 'good ole days'. "That’s for good reason: He has been an effective wartime leader and helped mobilize the democratic world on Ukraine’s behalf.

"But now, after more than seven years in office, four and a half years of war with Russia, and a series of scandals involving his leadership team and close friends, Zelensky appears to have lost the nation’s political support," it then adds. "Indeed, polling published in early August points to a major mood swing among Ukrainians, suggesting that many of them have lost faith in Zelensky and would vote him out of office at the earliest opportunity."

Following on this, the NY Times on Sunday detailed how Ukraine lost around $1.2 billion to fraud, waste and mismanagement in military procurement activities. This was in 2024 alone, the paper found, based on confidential documents and audits.

The NYT characterized the waste and fraud as a "persistent phenomenon" led by seven large military contractors in Ukraine, all of which kept landing new large contracts despite ongoing fraud investigations into them.

One section of the Times report reads as follows:

But even as the officials noticed that weapons were arriving faulty, government audits obtained by The New York Times show, Ukraine’s Defense Procurement Agency continued to award Mr. Shyman’s factory new contracts.

The case reflects a persistent phenomenon of the war in Ukraine. Seven of Ukraine’s top 10 military contractors won new business despite open criminal investigations for fraud, failures to deliver on earlier deals or the arrest of chief executives for corruption, according to the government audits obtained by The Times, court records and Ukrainian news accounts.

The devastating report concludes that in Ukraine, wrongdoing is continually 'rewarded' with new opportunities and contracts, at a moment hundreds of billions in European and US aid continues to get doled out.

You don't see THIS everyday...

Recent polling points to a major mood swing among Ukrainians, suggesting that many have lost faith in Zelensky and would vote him out of office at the earliest opportunity. https://t.co/vXbR8ysjxD

— Foreign Policy (@ForeignPolicy) September 6, 2026

President Trump has long criticized certain elements of Zelensky's extended rule, even calling him out for resisting calls to hold new national elections, but more recently began to hail 'results' against Russia on the military front, given the persisting long-range drone program which has wreaked havoc on Russian energy infrastructure. 

But as the mainstream continues to 'turn' on Zelensky (and possibly the military too), and given more and more instances of a population 'mood swing' - how long does he have? The clock is ticking.

Tyler Durden Tue, 09/08/2026 - 05:45

Dozens of events this week will honor the memories of those killed during the Sept. 11, 2001 terror attacks — and the first responders who survived the harrowing ordeal.

'Deeply Shocked': Merz Speaks Of 'Consequences' After Historic CDU Defeat

via Remix News,

Germany's political establishment is still absorbing the shock of Sunday's state election in Saxony-Anhalt, where the Alternative for Germany (AfD) surged to 43.8 percent and the Christian Democratic Union (CDU) of Chancellor Friedrich Merz crashed to 17.2 percent.

Merz called the result the CDU's "heaviest defeat" in decades and said it could not simply be treated as business as usual.

"And I have to admit, this is the heaviest electoral defeat that the CDU has suffered in years, in decades," Merz told reporters in Berlin after CDU leadership meetings. "We are all deeply shocked...We did not expect it to be like this."

"That does something to us. Including me personally... All of this will, of course, have to have consequences," he continued.

🇩🇪🔴BREAKING: Merz just said he is "deeply shocked" by the AfD's landslide victory.

"And I have to admit, this is the heaviest electoral defeat that the CDU has suffered in years, in decades."

"That does something to us. Including me personally... All of this will, of course,... pic.twitter.com/L4cycKdH6h

— Remix News & Views (@RMXnews) September 7, 2026

It remains unclear what those "consequences" will be exactly, as Merz did not clarify. However, he did point to two upcoming elections in Berlin and Mecklenburg-Vorpommern, which will be held in the next two weeks. If the CDU faces further routs, there may be pressure for Merz to step down.

He accepted the democratic verdict but insisted the outcome had changed the political landscape "not only in Saxony-Anhalt, but throughout Germany." When nearly 60 percent of voters backed parties that question the country's democratic institutions, he said, "that is an election result with which we can not just treat as business as usual."

Merz said he was searching for explanations, including in his own record: "What fear is there in the population that we may have underestimated?"

Merz has plans to hold talks in the coming days with SPD leaders on how the coalition could continue on its present course. "Giving up is not an option," he added.

Meanwhile, the AfD federal co-leaders Alice Weidel and Tino Chrupalla pledged support for an AfD government in Saxony-Anhalt. Weidel called it a "dream result" and argued Merz had become "a great burden." She predicted the CDU/CSU would never again win a federal election and said the AfD's goal was to widen the gap to at least 40 percent by the next national vote. Chrupalla called the outcome "absolutely historic."

Merz's coalition partner, Bärbel Bas of the far-left Social Democrats (SPD), used her own press conference to argue that the government's language on work and welfare had itself fueled public anxiety.

Outgoing Minister-President Sven Schulze was blunt: the CDU no longer held a government mandate and would sit in opposition. He ruled out CDU defectors joining any AfD-led arrangement and predicted the BSW would help put an AfD in power.

AfD lead candidate Ulrich Siegmund described the result as "a very clear government mandate" and said he could be "perhaps the next minister-president."

As Remix News reported, the AfD has a real opportunity to lead Saxony-Anhalt, but a number of scenarios could play out, including a coalition with BSW or even a snap election.

Read more here...

Tyler Durden Tue, 09/08/2026 - 05:00

President Donald Trump and the GOP are making good on their promise to reform American education by eliminating racial preferences and excising radical politics from college campuses. Naturally, the left is furious, but it offers schools a chance to save themselves. Treasury Secretary Scott Bessent announced that the IRS will review and revoke the tax-exempt...

Voters haven’t changed their minds about immigration or manufacturing: They want what Trump promised — and what the latest figures show he’s delivering.

Nearby hikers reportedly witnessed the incident that unfolded in rugged, rocky terrain.

The Exodus Continues... Britain's 3rd Largest Taxpayer Escapes To Greece

Britain’s highest taxpayers have been drifting offshore since the non-dom regime was scrapped in April 2025 and inheritance tax was extended to worldwide assets.

This shift is already visible on the Sunday Times lists: six of the 2026 Tax List’s top 100 (including Revolut’s Nik Storonsky) had left in the previous year, the compiler noted that one in nine names on that list were no longer UK-resident, and the companion Rich List dropped dozens of foreign billionaires while recording a sharp rise in British nationals now based in Dubai, Switzerland and Monaco.

But, the latest news is likely the most disturbing to the increasingly socialist government as the UK's 3rd largest taxpayer - hedge fund founder Chris Rokos - is set to leave.

 The star trader paid a stunning £330 million ($447 million) in taxes last year...

That's one hell of a hole for Burnham and his buddies to fill.

As Bloomberg reports, Rokos is the latest in a string of high-profile financiers and business leaders that have opted to leave.

Since winning the general election in 2024, Labour has targeted wealth with taxes on non-domiciled residents, inheritance on family farms and businesses, private equity and private school fees.

At her last budget, former chancellor Rachel Reeves introduced a tax on homes worth more than £2 million.

With a net worth of about $4 billion according to the Bloomberg Billionaires Index, Rokos is among the UK’s most prominent figures in finance.

The Rokos Capital Management founder is switching his residency to Greece, people with knowledge of the arrangement said.

Rokos will also open an office in Athens as part of the move, one of the people said, asking not to be identified because the details are private.

Greece offers a 15-year high-net-worth investor regime.

Italy operates a similar 15-year system, but after recent increases, it has set the flat tax at €300,000 on foreign-sourced income.

Greece has also sought to lure fund managers and private equity executives, adopting new tax rules this summer designed to prevent double taxation.

If the highest taxpayers keep leaving - as Rokos’s reported move to Greece underlines - Labour’s bet that abolishing non-doms and tightening inheritance tax would raise more money starts to look fragile, because a thin slice of people already supplies a large share of income-tax receipts.

The government then faces an awkward choice: accept a smaller tax base and tighter budgets, or raise rates on the mobile and immobile alike and risk accelerating the outflow it is trying to tax.

Tyler Durden Tue, 09/08/2026 - 04:15