All posts tagged: Tanking

Trump is tanking decades-old policy toward Taiwan — but it’s not too late for change

Trump is tanking decades-old policy toward Taiwan — but it’s not too late for change

President Trump seems determined to break U.S.-China and U.S.-Taiwan relations in as many historic ways as possible, but he persists in retaining the one policy most likely to result in cross-strait, regional and potentially global war.  Within days of his first election in 2016, the president-elect did what had been unprecedented until then — he accepted a congratulatory telephone… Source link

The Iran War Is Already Tanking Luxury Sales in the Gulf—Could Art Be Next?

The Iran War Is Already Tanking Luxury Sales in the Gulf—Could Art Be Next?

By the end of last year, 2026 seemed poised to be the year of the Gulf for the art market. In December 2025, Sotheby’s held the first edition of Abu Dhabi Collectors’ Week, netting $133 million in the process. This past February, Art Basel held the inaugural edition of Art Basel Qatar. And, in November, Frieze is set to host the first edition of its newly rebranded fair Frieze Abu Dhabi.  But then, after weeks of saber rattling, the US and Israel launched strikes on Iran. The Islamic Republic responded with attacks on the United Arab Emirates, Qatar, Bahrain, and Saudi Arabia. While the US and Iran are engaged in shaky ceasefire talks, the Gulf’s reputation as a low tax, safe place to do business in the region suddenly doesn’t seem so secure.   Related Articles The biggest domino to fall in the art world, so far, has been Art Dubai, the region’s premier fair prior to the launch of Art Basel Qatar and Frieze Abu Dhabi. Set to celebrate its 20th anniversary this year, the …

CNN Forced To Admit Dems Are Tanking On Immigration Despite Anti-ICE Propaganda

CNN Forced To Admit Dems Are Tanking On Immigration Despite Anti-ICE Propaganda

Authored by Steve Watson via Modernity.news, Fresh analysis lays bare the Democrats’ crumbling position on immigration, with voters trusting Republicans more than ever to handle border security—even as radicals ramp up their attacks on ICE and deportations. CNN data analyst Harry Enten highlighted the stark shift during a recent segment, noting that despite the barrage of anti-ICE rhetoric, Democrats are faring worse now than during Trump’s first term. “Despite EVERYTHING that’s been going on, Democrats in a WORSE position than Trump’s 1st term!” Enten said. ? BREAKING: CNN was just forced to confirm that Democrats are PLUMMETING on the issue of immigration despite the relentless propaganda and smears on ICE WOW, they are down -11 points from Trump’s first term! ? “Despite EVERYTHING that’s been going on, Democrats in a WORSE… pic.twitter.com/9LV5DY3U4H — Eric Daugherty (@EricLDaugh) February 26, 2026 He pointed to polling data showing voters believe “They think Democrats will do a WORSE JOB on immigration than Republicans.” On border security specifically, Enten added: “Border security? HELLO! 2018, Republicans up 13. The advantage is a …

If Bitcoin Keeps Tanking, It Could Cause a “Death Spiral” for the Entire Economy

If Bitcoin Keeps Tanking, It Could Cause a “Death Spiral” for the Entire Economy

The major cryptocurrency Bitcoin has had an absolutely horrible start to the year. The digital token has plummeted almost 14 percent so far in 2026, and almost 40 percent since hitting all-time highs of well over $120,000 in October — its longest losing streak since 2018. It’s down almost three percent today alone. It’s a wakeup call to anyone who made major investments in crypto betting on a more lenient and light-on-regulation market during president Donald Trump’s second term. The White House established its own “Strategic Bitcoin Reserve,” a stockpile made up of Bitcoin holdings mainly from seized assets, and Trump has enriched himself enormously with a series of crypto-related business moves. To Michael Burry, the man who famously shorted the US housing market before its collapse in 2008, it could be a sign of an impending disaster. In a Substack post this week, Burry warned that further losses for Bitcoin could put a major strain on the balance sheets of investors that overindexed on crypto, leading to further selloffs and a “death spiral” that …