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Friday, May 1, 2026

Senators ban themselves from betting in prediction markets

 The U.S. Senate has passed a bipartisan resolution that bans senators from making bets on prediction markets like Kalshi (KALSHI) and Polymarket (POLYMARKET) amid mounting insider trading concerns.

The ban was passed unanimously and is effective immediately. The measure applies to senators, officers and staff at the Senate.

"Serving in Congress is an honor, not a side hustle," Sen. Bernie Moreno (R-OH), who introduced the resolution, posted on X after the vote. "Americans deserve to know that their leaders are here for the right reason!"

Polymarket (POLYMARKET) said it is in full support of this. "Our Rulebook & Terms of Service already prohibit such conduct, but codifying this into law is a step forward for the industry," it added.

"Kalshi (KALSHI) already proactively blocks members of Congress and enforces against insider trading," its CEO Tarek Mansour said. "This is a great step to increase trust in our markets by making it an industry standard. Now, let's pass this in the House!"

The Senate ban comes a week after a U.S. soldier involved in the capture of Nicolás Maduro was charged with using classified information to make $400,000 by betting on the Venezuelan leader's ouster.

Earlier this month, the White House warned staffers against using confidential, privileged information to trade on prediction markets.

https://www.msn.com/en-us/money/general/senators-ban-themselves-from-betting-in-prediction-markets/ar-AA228TQ9

Moderna beats Q1 estimates with non-GAAP loss $1.18 per share on revenue of $389M

 

Moderna beats Q1 estimates with non-GAAP loss $1.18 per share on revenue of $389M

  • Q1 GAAP loss of $3.40 per share includes a $0.9 billion non-recurring litigation settlement charge.
  • Moderna reiterates guidance for up to 10% 2026 revenue growth and expects lower operating expenses.
  • The company projects a year-end cash balance totaling $4.5–$5.0 billion in aggregate.

British Police Raid Islamic Group Accused Of Sex Trafficking And Slavery

 At least nine members of a Cheshire Islamic group have been arrested in a raid of 500 British police officers as part of an investigation into sexual offenses, slavery and forced marriage. 

Officers received reports of human trafficking, rape, and other crimes involving members of a group known as the Ahmadi Religion of Peace and Light, based in Crewe.  Seven men and three women were taken into custody, according to a statement from the Cheshire Police, who said the investigation was initiated because of allegations made by a woman who was previously part of the group in 2023.

Chief Superintendent Gareth Wrigley, of Cheshire Constabulary, said: 

"Today’s operation is the outcome of a detailed and robust investigation into reports of serious sexual offenses, forced marriage and modern slavery involving members of a religious group called Ahmadi Religion of Peace and Light in Crewe. 

While those arrested are members of the group, I want to make clear that this is not an investigation into the religion, this is an investigation into the serious allegations which have been reported to us..."

The AROPL's is a religious movement founded in 2015 by Abdullah Hashem Aba Al-Sadiq (Egyptian-American raised Sunni Muslim). It draws heavily from Shia Islamic traditions.  The group self-identifies with Islamic roots, uses Islamic terminology (referring to their leader as the Qaim/Mahdi appointed in relation to Prophet Muhammad), and maintains many Islamic practices.

British authorities in the UK have been quick to disconnect the sect from the wider Islamic migrant community.  The reasons for this are obvious - The British government is under considerable pressure to stop hiding migrant crime and Islamic crime, but their political agendas are deeply intertwined with third-world immigration.  Islamic groups consistently deny that the actions of grooming gangs have any connection to Muslim culture.     

Islamic fundamentalism justifies the abuse and exploitation of "non-believers", using the "Doctrine of Abrogation" and a series of passages from the Quran specifically allowing for the humiliation or enslavement of foreigners and non-believers as a means to force them into religious submission.  The Islamic slave trade operated throughout Africa and the Middle East until it was disrupted by the British Empire from 1833 to 1937.    

The surprising level of transparency of the latest raid may be part of a British government effort to clean up their image after it was revealed in 2025 that pro-multicultural authorities had spent the past decade covering up numerous reports of Islamic "grooming gangs" kidnapping and assaulting young British girls.  The government had been aware of this criminal activity as early as 2015 and did nothing.  

It should be noted that many British activists have been threatened by law enforcement, attacked by the establishment media and even jailed over the years simply for exposing this ongoing problem common among third world migrants.  The grooming gangs were ignored because their activities were inconvenient to the liberal open borders narrative dominating social politics in Europe since 2014.

Today, however, polling shows that both the left wing Labour Party and the Conservatives Party (which is also left wing) are facing political obliteration in the next general election (held in 2029) due to their mishandling of the immigration problem as well as the UK economy.  Unless they offer substantial changes to their policies, they stand to be swept out of Parliament.

The multiculturalists may very well be removed from government regardless.      

https://www.zerohedge.com/political/british-police-raid-islamic-group-accused-sex-trafficking-and-slavery

"We Shouldn't Have To Live Like This": UK Terror Level Raised To 'Severe' After Stabbing Attacks

 Britain's terrorism threat level was raised from “substantial” to “severe” on Thursday afternoon after a 45-year-old British national, reportedly born in Somalia, stabbed two Jewish men in North London. The elevation in the terrorism threat level suggests another terror attack is highly likely within the next six months, as Britain's experiment with mass migration is backfiring.

The suspect is 45-year-old Essa Suleiman from south-east London, the BBC understands. He came to the UK from Somalia in the early 1990s -BBC News

Shabana Mahmood, the Home Secretary, described Wednesday's attack as terrorism. "Today, the national threat level has increased to 'severe,' which means a terrorist attack is considered highly likely."

"I know this will be a source of concern to many, particularly amongst our Jewish community, who have suffered so much," Mahmood said.

The Joint Terrorism Analysis Center's decision to raise the national terror threat level comes in the wake of a Somalia-born man stabbing two Jewish men and follows a series of attacks in Jewish neighborhoods in recent weeks.

For context, "severe" is the second-highest of five threat levels, below "critical," which means another attack is likely in the coming months, if not sooner. The last time the level was raised to "severe" was in November 2021.

Mahmood added: "The government has today announced a significant increase in investment to protect our Jewish communities, with record funding for policing and security at synagogues, schools and community centers. And we will do everything in our power to rid society of the evil of antisemitism. The stabbing in north London follows a spate of attacks in Jewish neighborhoods in recent weeks.

Alex Armstrong of GB News recently described the devastating impact that decades of the mass-migration experiment have had on the UK.

Also...

Suicidal empathy has very real consequences; in other words, the death of Europe.

https://www.zerohedge.com/geopolitical/we-shouldnt-have-live-uk-terror-raised-severe-after-stabbing-attacks


UAE says Iran can't be trusted on Hormuz

 No unilateral arrangement by Iran over the Strait of Hormuz can be trusted after Tehran's "treacherous aggression" against neighboring countries, senior adviser to United Arab Emirates (UAE) President Mohamed bin Zayed Al Nahyan, Anwar Gargash, said on Friday.

"In the ongoing discussion about the Strait of Hormuz, the collective international will and provisions of international law emerge as the primary guarantor of freedom of navigation through this vital passage," Gargash wrote in a post on X.

The official's comments come amid Middle Eastern countries' efforts to thwart Iran's attempts to shape the future of shipping and impose new rules in the Strait of Hormuz.

https://breakingthenews.net/Article/UAE-says-Iran-can't-be-trusted-on-Hormuz/66199869

China Reopens Fuel Export Spigot, Offering Relief To Asian Buyers

 Beijing is reversing its curbs on refined fuel exports after halting shipments in the opening days of the U.S.-Iran conflict. This move suggests that Chinese domestic inventories are now at comfortable levels, allowing state refiners to reopen the export spigot, even as much of Asia remains gripped by a fuel shock caused by disrupted Gulf energy flows through the Hormuz chokepoint.

There was chatter earlier this week that China's state-owned refiners were applying for government permits to resume fuel exports in May. These include China Petrochemical (Sinopec Group) and China National Petroleum Corporation.

By late in the week, Bloomberg reported that state-owned refiners had received government approval to export 500,000 tons of fuel next month.

People familiar with the upcoming shipments said the one-off quota would allow gasoline, diesel, and jet fuel to be sent to neighboring Asian countries, providing relief amid a worsening fuel crunch.

They said these shipments will be loaded onto tankers and are likely destined for Vietnam, Laos, and other nearby nations.

China's U-turn on export curbs comes weeks after the International Monetary Fund, World Bank, and International Energy Agency urged countries to avoid panic hoarding of energy supplies, as JPMorgan analysts warned that Asia would face the most immediate impact from the Gulf energy shock.

https://www.zerohedge.com/energy/china-reopens-fuel-export-spigot-offering-relief-asian-buyers

Thursday, April 30, 2026

Hochul revives New York’s gerrymander threat

 Republicans and all fair-minded New York voters dodged a bullet in March.

That’s when the US Supreme Court halted a lawsuit that aimed to redraw New York City’s only GOP House seat out of existence — the third round of Empire State redistricting in as many election cycles.

But on Wednesday the gerrymander frenzy among New York Democrats sparked anew, after the high court struck down race-based redistricting in a landmark case.

Gov. Kathy Hochul howled that the justices were “clearly carrying out Donald Trump’s will with this decision.”

State Sen. Mike Gianaris (D-Queens) called it “a five-alarm fire for the defense of free and fair elections.”

Both immediately leaped at the chance to turbocharge their dream strategy: amending the state Constitution to “reform” its ban on partisan gerrymandering.

Compared to that effort, the failed lawsuit targeting a single district, now held by GOP Rep. Nicole Malliotakis, was small potatoes.

That complaint — spearheaded by Democratic “superlawyer” Marc Elias — argued that the Staten Island-centered 11th Congressional District disenfranchised minority voters (even though Malliotakis is herself a Latina).

It was a nakedly partisan attempt by Democrats to get Rep. Hakeem Jeffries one seat closer to the speaker’s gavel in November’s midterm elections. 

Now, it turns out, that wasn’t the final battle in New York’s redistricting wars.

On the face of it, Albany Democrats’ hands are tied in this regard: The state Constitution restricts partisan gerrymandering, with a measure that’s the most robust of any state in the country.

An amendment that was approved overwhelmingly by voters in 2014 — after passing in the Legislature with bipartisan support — empowers an independent redistricting commission, not elected legislators, to draw district lines once a decade, following the federal Census.

But last summer, Gianaris and Assemblyman Micah Lasher (D-Manhattan) introduced another amendment that would allow Albany to redraw New York’s House districts whenever another state conducts a mid-decade redistricting — as Texas did last year.

The Gianaris-Lasher amendment can’t take effect until approved by two consecutively elected Legislatures, as well as the voters in a referendum.

And now, Hochul is throwing her weight behind it.

“New York has always led the fight for voting rights and we’ll lead again,” she posted Wednesday.

“I’m working with the Legislature to change New York’s redistricting process so we can fight back against Washington’s attempts to rig our democracy.”

It isn’t the first time Albany Democrats pushed to undo the reforms voters demanded in 2014. 

After taking control of both houses of the Legislature in 2019, Democrats put forward an amendment that would have gutted the Constitution’s anti-gerrymandering safeguards.

But their scheme to return the Empire State to the bad old days when partisanship reigned over the redistricting process was foiled . . . by the voters

When the amendment went before the public in the 2021 general election, it lost handily, and the state Constitution’s protections against partisan gerrymandering remain in effect today.

Beyond partisanship, the amendment’s sponsors are likely to push for a vote on it for personal political reasons. 

Lasher is in a tough race for the Democratic nomination to replace retiring Rep. Jerry Nadler. 

Sponsoring this attention-grabbing partisan amendment undoubtedly bolsters his name recognition, and his odds of a primary win, in one of the country’s most liberal House districts.

And the 56-year-old Gianaris, the political architect of the Democrats’ 2018 state Senate takeover, is retiring this year: Getting the Legislature to approve the first passage of this amendment would be one last feather in his cap — and a helpful calling card for future political efforts.

Passing this amendment through two consecutive Legislatures is the easy part: After all, Albany Democrats enjoy lopsided majorities in both houses.

But getting the state’s voters to go along with such an obscenely partisan constitutional amendment might not be as much of a layup as Lasher, Gianaris, Hochul and their comrades might think. 

The voters of New York certainly skew Democrat, but at key moments they’ve shown Democratic elites that they have an independent streak.

Voters in 2021 didn’t just reject Albany’s attempt to water down the Constitution’s ban on gerrymandering; they also defeated amendments backed by Democratic leaders that would have allowed for same-day voter registration and no-excuse absentee voting. 

Even in New York, one of America’s bluest states, voters — over the wishes of the Democratic establishment — were willing to defeat these cynical attempts to undermine the state constitution’s electoral safeguards.

They should get ready to do so again.

Joseph T. Burns is a partner in the law firm Holtzman Vogel and a New York state-based election lawyer.

https://nypost.com/2026/04/30/opinion/brace-for-battle-as-hochul-revives-ny-gerrymander-threat/