Search This Blog

Friday, April 24, 2026

4 In 10 American Teens Are Almost Constantly Online

 A U.S. jury recently found Meta and YouTube liable in a landmark social media addiction trial, marking a major legal setback for the tech giants.

According to the BBC, jurors concluded that the platforms were deliberately designed to be addictive and contributed to harm experienced by a young user.

The ruling could open the door to further lawsuits and increased regulatory scrutiny of social media companies.

This debate over the impact of social platforms is closely tied to the extent to which young people use them.

As Statista's Tristan Gaudiat details below, a recent survey by the Pew Research Center shows that social media is deeply embedded in teenagers’ daily lives, with a vast majority of U.S. teens reporting daily use of the internet (97 percent) and platforms such as YouTube (76 percent), TikTok (61 percent) and Instagram (55 percent). As our infographic shows, a notable share reports near-constant use: 40 percent overall for the internet, 21 percent for TikTok, 17 percent for YouTube and 12 percent for Instagram, with a further 31 to 43 percent saying they use these platforms several times a day.

Infographic: 4 in 10 American Teens Are Almost Constantly Online | Statista


These patterns point to clear differences in engagement across platforms, with video-based apps standing out for their particularly intensive use. 

TikTok and YouTube, both centered on short-form and highly personalized video content, are among the platforms most likely to be used almost constantly, reinforcing concerns about their potentially addictive design.

More broadly, the rise of algorithm-driven feeds and endless scrolling has reshaped how teens consume content, increasing both the frequency and duration of their online activity.

https://www.zerohedge.com/technology/4-10-american-teens-are-almost-constantly-online

Against US Dominance: Europe's Hormuz Mission And The Illusion Of Geopolitical Power

 by Thomas Kolbe

The loss of Europe’s geopolitical power is the defining decline narrative of our time. As Europeans, we are condemned to become unwilling witnesses of continental decay. And in no field of politics does the toxic amalgam of eco-socialism, elite arrogance, and rampant infantilism become more visible than at the level of the European Union.

What we are witnessing in Brussels and the leading capitals of the EU are desperate attempts at coordinated foreign policy – and the realization that the cooperation of powerless individual entities does not necessarily lead to better outcomes than bilateral cooperation.

That this realization must have reached the highest circles of European politics could be observed at the end of this week. The four “big ones” – Germany, the United Kingdom, France, and Italy – called for a maritime alliance and the protection of the Strait of Hormuz.

Fifty additional states – according to the initiators of this rather peculiar political camouflage – are expected to join the European alliance. Leadership claims are naturally being made by the former maritime powers Britain and France, above all France, whose aircraft carrier Charles de Gaulle may stand as the last remaining symbol of Europe’s great naval tradition at the center of these activities – if one can even approach the Persian Gulf at all.

The situation remains fragile: the currently stable ceasefire ends on Wednesday. And negotiations between the United States, Israel, and Iran are entering their final phase. From a European perspective, our assumptions are once again confirmed: the EU and its slowly re-approaching partner the United Kingdom are staging a political cabaret. First came the wait-and-see approach until Americans and Israel had militarily decided the situation. Meanwhile, some NATO members refused cooperation with the United States, only to now, after everything has been decided, attempt to place themselves at the forefront of political forces seeking to guarantee the security of the Strait of Hormuz.

Through constant media overdrive, Starmer, Macron, Meloni, and Merz present themselves as the decision-makers of the moment – it is their harvest time, collecting cheap public dividends. But is that really the case? Do they seriously believe that the majority of Europeans are not fully aware of what is happening? That European power is essentially the product of media magic – permanent propaganda wrapped in moral excess? A shadow of past greatness, reduced to virtual impotence, ultimately dissolving into the very media theatre that we, as embarrassed Europeans, are forced to endure every day.

The German contribution to the mission, as announced by Chancellor Friedrich Merz, is predictably modest: mine countermeasure vessels (eight available), one supply ship, and two P-8 Poseidon reconnaissance aircraft. No frigates – they are tied up in a NATO deployment in the North Atlantic. Germany does have a defense budget that exceeds all other Europeans by billions, yet even this money appears to vanish into the nirvana of bureaucracy and into the coffers of defense contractors, who are popping champagne corks thanks to the government’s debt-driven spending spree amid multiple conflict scenarios.

As for the possible German contribution. But as said: whether a military deployment will actually take place remains uncertain. Europe is already feeling the consequences of its energy dependency and its eco-socialist policy course, which hit like an icy wind. Yet this does not change the fact that policymakers continue to refuse to acknowledge the geopolitical vacuum, and instead begin trying to piece together diplomatically what they have shattered in recent years – especially in relations with the United States and Russia.

From poker we know: those who repeatedly bluff at the same table with empty hands and are exposed will be dismantled in future rounds. A US withdrawal from NATO would likely also mean a full retreat from the Ukraine conflict. This move would expose both Europe’s fragile finances and its non-existent security infrastructure. The EU faces economic and geopolitical problems it cannot manage alone.

From a European perspective, not many options remain. To those advocating closer alignment with China: China sees Europe primarily as a dumping ground for surplus production from its politically driven export sector. Europe could be pressured at any time via export restrictions on rare earths or microchips. This is not a viable option.

Reintegration of Russia into a broader Eurasian cooperation would be a natural and obvious element. The attempt to force regime change in Moscow has failed. The idea, attributed to EU foreign policy chief Kaja Kallas, of fragmenting Russia into ethnic components in order to maintain leverage and control access to raw materials and energy resources remains a fantasy of hysterical Europeans trapped in their globalist worldview.

The United States remains, with its increasingly despised president in Europe, Donald Trump. He creates facts and destroys European dream worlds. And he executes a political program that allows the United States to dominate the Western Hemisphere over the long term. That the Americans project their power in the world’s maritime choke points – the Panama Canal, the Strait of Hormuz, and, following the agreement with Indonesia, the Strait of Malacca – shows: Washington is preparing for the power struggle with China.

Should Europeans believe that the two giants will not ultimately reach an understanding, they are likely mistaken. The United States and China are working at high speed to consolidate their spheres of influence, reorganizing financial systems and commodity markets in line with their specific industrial needs. Moreover, the costs of an escalating conflict between the two would be too high. It is therefore logical to divide the world into corresponding spheres of power and shift the costs onto others.

For Europeans, it becomes a burden that the unavoidable has happened: access to energy and its distribution have once again become instruments of power. Oil and gas dominate – the so-called “declared dead” are living longer than ever. And Europe’s dependency is striking: up to 60 percent of primary energy demand must be imported.

Those who fail to conclude from this simple observation that the time has come for diplomacy and fair negotiations with partners – and that the era of lecturing the world with a moral finger in order to enforce a Net Zero climate regime is over – have simply been overtaken by reality.

Brussels’ strategy to impose a European climate regime on the world failed the moment Donald Trump buried the European climate policy anchored by his predecessor Barack Obama. The fact that politicians such as Friedrich Merz, Lars Klingbeil, and Ursula von der Leyen continue to cling to climate doctrine, CO₂ trading, and the transformation agenda is tragic for Europe. Our economies are now bleeding out until economic reality – higher energy prices, rising unemployment, and the emerging sovereign debt crisis – forces a political shift.

About the author: Thomas Kolbe, a German graduate economist, has worked as a journalist and media producer for clients from various industries and business associations. As a publicist, he focuses on economic processes and observes geopolitical events from the perspective of the capital markets. His publications follow a philosophy that focuses on the individual and their right to self-determination

https://www.zerohedge.com/geopolitical/against-us-dominance-europes-hormuz-mission-and-illusion-geopolitical-power

Flurry Of Reports Signal 'Breakthrough' In US, Iran Back To Table In Pakistan, 3rd US Carrier Arrives

 After signaling all day yesterday that it has not decided to engage the United States in a second round of peace talks, Friday morning has seen a flurry of headlines out of Saudi and regional media speculating that today is different. "Iranian Foreign Minister Abbas Araghchi may arrive tonight accompanied by a small delegation," Pakistani government source has told Al Arabiya's correspondent.

Also Bloomberg too is reporting that Iran's FM Araghchi is expected to arrive in Islamabad tonight. Additionally sources out of Pakistan say the country may announce today the resumption of negotiations between Iran and America. Of course, we've seen many such "second round of US-Iran talks expected" headlines before which didn't materialize, and at the moment there's no signs of movement out of the US side.

via Al Jazeera

However, some of these same sources and headlines are cautioning that it is unclear if there will be Washington engagement. But if a second round of talks actually materializes, it will lend credence to the recent White House insistence that Tehran's private stance is much more compromising and conciliatory than its public stance. Latest:

IRAN'S FOREIGN MINISTER ABBAS ARAGHCHI IS EXPECTED TO REACH ISLAMABAD AT AROUND 10 PM LOCAL TIME, ACCORDING TO AN IRANIAN SOURCE.

And Al Jazeera freshly reports on a flurry of phone calls, which suggests some kind of potential "breakthrough" in getting back to the negotiating table:

Government sources have confirmed there is a “high likelihood of a breakthrough” in US-Iran talks in Islamabad, as a delegation led by Iran’s Foreign Minister Abbas Araghchi is expected to arrive in the Pakistani capital tonight. Earlier today, Iran’s foreign minister held a telephone conversation with Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar, confirmed by both sides.

Pakistan’s Foreign Ministry said the two sides exchanged views on regional developments, the ceasefire, and ongoing diplomatic efforts in the context of US-Iran engagement. Dar underscored the importance of sustained dialogue, while Araghchi appreciated Pakistan’s “consistent and constructive facilitation role”, the ministry said.

Iran’s state news agency IRNA also reported that Araghchi held a separate telephone conversation with Pakistan’s Army chief Asim Munir.

According to more of some of the latest from Al Jazeera:

  • US President Donald Trump says he hopes to host Israeli and Lebanese leaders “in the near future”, after announcing a three-week extension to the fragile ceasefire in Lebanon, which was due to expire on Sunday.
  • President Trump said he is under no pressure to end his war with Iran, though time is limited for Tehran. “I have all the time in the World, but Iran doesn’t – The clock is ticking!” Trump wrote on social media.
  • A third US aircraft carrier has arrived in the Middle East. The USS George HW Bush joined the USS Gerald R Ford and USS Abraham Lincoln in a massive buildup of naval firepower.
  • Trump gives orders to “shoot and kill” any Iranian boats placing sea mines in the Strait of Hormuz, as the US naval siege of Iran’s ports continues, and officials in Tehran say talks will not resume until the blockade is lifted.

Meanwhile, US Central Command (CENTCOM) is flashing the big stick:

developing...

https://www.zerohedge.com/geopolitical/flurry-reports-signal-breakthrough-us-iran-getting-back-table-pakistan-third-us

House Panel Orders Southern Poverty Law Center To Turn Over Communications With Biden DOJ

 by Kimberly Hayek via The Epoch Times (emphasis ours),

House Judiciary Chairman Jim Jordan (R-Ohio) on April 23 gave the Southern Poverty Law Center (SPLC) until April 30 to hand over documents regarding its relationship with the Biden–Harris Department of Justice (DOJ) and the FBI, as part of a federal prosecution of the civil rights group.

In a letter to Bryan Fair, SPLC interim president and chief executive, Jordan wrote that “publicly available documents revealed how the Justice Department partnered closely with the SPLC during the Biden-Harris Administration, including scheduling regular meetings, giving the SPLC early access to federal law-enforcement data, and allowing SPLC employees to train federal prosecutors.” The letter was also posted to social media.

The chairman’s demand came two days after a grand jury in Montgomery, Alabama, returned an 11-count indictment alleging the SPLC had committed wire fraud, made false statements to a federally insured bank, and conspired to conceal money laundering.

The indictment accuses the SPLC of funneling more than $3 million between 2014 and 2023 to no fewer than eight paid informants in violent racist organizations, including the Ku Klux Klan, the United Klans of America, the National Socialist Movement, the National Socialist Party of America, the American Front, and the Aryan Nations-aligned Sadistic Souls Motorcycle Club. Prosecutors said the group set up accounts under fictitious names, such as “Fox Photography” and “Rare Books Warehouse” among them, to hide where the money came from.

Acting Attorney General Todd Blanche alleged that the SPLC had used “paid operatives within extremist circles to incite and intensify racial tensions,” arguing the civil rights organization “fostered the very threats it claimed to fight.”

Jordan’s letter tells Fair that the committee is investigating whether the SPLC shaped federal policy during the Biden–Harris years, highlighting a now-withdrawn 2023 FBI Richmond Field Office memorandum, dating back to when Christopher Wray led the bureau, that treated “radical-traditionalist” Catholics as given to violence, citing the SPLC as a source.

The chairman requested that the organization provide by next Thursday all communications with any “field source,” or informant, dating to Jan. 1, 2017. He also asked for communications referring to fictitious entities used to pay any “field source,” also dating to 2017, as well as communications with the DOJ, FBI, and other federal agencies dating to Jan. 20, 2021.

Fair said that the organization was “outraged by the false accusations” and will “vigorously defend ourselves, our staff, and our work.” He noted the informant program, since shut down, “saved lives.”

“Taking on violent hate and extremist groups is among the most dangerous work there is, and we believe it is also among the most important work we do,” Fair said.

The SPLC disclosed the criminal probe ahead of the indictment, noting it faced a DOJ investigation over its use of “paid confidential informants” to infiltrate so-called extremist organizations. The indictment covers almost a decade of alleged misconduct and claims that donors were never told the real reason behind the solicited funds.

https://www.zerohedge.com/political/house-panel-orders-southern-poverty-law-center-turn-over-communications-biden-doj

Thursday, April 23, 2026

Collapsing Volatility Turbocharges Returns Across Carry Trades

 

DoubleLine Capital and Van Eck Associates Corp. are among investors seeing renewed appeal in a currency strategy that’s revving up as the Middle East ceasefire helps steady markets and reignite risk appetite.

The carry trade — borrowing where interest rates are low and investing where they’re high — was already thriving as the war sparked a surge in oil prices that boosted commodity currencies such as Brazil’s real and Colombia’s peso.

https://www.bloomberg.com/news/articles/2026-04-24/collapsing-volatility-turbocharges-returns-across-carry-trades

FAFO: Ken Griffen Fed Up With Leftist NYC Mayor Mamdani's Political Stunt

 Play foolish socialist games, and watch New York City crumble.

That may be the lesson far-left NYC Mayor Zohran Mamdani is about to learn, as Citadel's Ken Griffin appears to be losing patience with the mayor's latest political stunt.

Recall that, in a video posted last week by the NYC Mayor's Office, Mamdani unveiled the city's first-ever pied-à-terre tax: an annual fee on luxury properties whose owners do not live in NYC full-time. The video was filmed outside 220 Central Park South, the building where Griffin owns a four-floor penthouse he purchased in 2019 for $238 million.

The Wall Street Journal reported Thursday afternoon that an internal memo from Citadel's COO said its massive redevelopment of 350 Park Avenue, a $6 billion project that would produce 6,000 construction jobs and more than 15,000 permanent jobs, might be halted

"We are about to commence the redevelopment of 350 Park Avenue, creating 6,000 highly paid construction jobs and supporting the creation of more than 15,000 permanent jobs in mid-town New York," wrote Gerald Beeson. "The project -- if we move forward -- will entail more than $6 billion dollars of spending."

Beeson sent the letter to employees of Citadel, Citadel Securities, and Griffin's other businesses. Let's not forget that Griffin relocated his company from crime-ridden Chicago to Miami. Beeson said the mayor's video suggested that the mayor doesn't appreciate how people like Griffin contribute to the greater good.

"It is shameful that he used Ken's name as the example of those who supposedly aren't carrying their fair share of the burdens associated with New York City's often costly and wasteful spending," Beeson continued. "In doing so, the mayor has once again manifested the ignorance and disdain of the elite political class towards those who have been consistently committed to building one of the greatest cities in the world."

"We have nearly 2,500 colleagues who have chosen to build their careers here," he said. "We understand that our hard work and success will, on occasion, make us targets for political rhetoric. But it should not diminish the pride we take in building firms that will continue to help New York City thrive for decades ahead."

In all seriousness, Griffin has little reason to waste time dealing with mounting political hostility from the far-left mayor when that same redevelopment capital could be deployed in a more business-friendly state where capitalism, property rights, and law and order are still upheld. Mamdani is bad for business - part of a broader unhinged class of socialist politicians, from Baltimore to New York City, who seem more interested in abusing taxpayers than properly governing. Why take the abuse?

https://www.zerohedge.com/personal-finance/fafo-ken-griffen-fed-leftist-nyc-mayor-mamdanis-political-stunt

US Senator Steve Daines to lead visit to China before May summit, SCMP says



US President Donald Trump’s close ally, Senator Steve Daines, will lead a bipartisan delegation to China next week, according to sources, even as Washington steps up pressure on Beijing over trade, technological competition, and its ties to Iran, ahead of a closely watched leaders’ summit on May 14-15.


According to people familiar who requested anonymity, the five-member delegation led by Daines, a Republican from Montana, will begin its visit on May 1, with stops in Shanghai and Beijing.
The trip has been in the works since last year and was originally scheduled for late March. Trump and Chinese President Xi Jinping had originally planned to meet around the same time, but their summit was rescheduled to mid-May due to the Iran war.


While the full composition of the delegation has not been disclosed, one source said that several members are expected to be visiting the mainland for the first time.

Daines’s office did not respond to a request for comment.

https://www.scmp.com/news/china/diplomacy/article/3351219/trump-ally-visit-china-us-turns-pressure-may-summit