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06.04.26 - 22:30
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Ex-CIA Analyst: What The Hell Happened With The Pilot Rescue Op In Iran? (ZeroHedge)
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Ex-CIA Analyst: What The Hell Happened With The Pilot Rescue Op In Iran?
Authored by former CIA officer Larry Johnson
Iran's air defense system succeeded on Friday, April 3, in downing a US F-15E over Iran. There is some dispute and confusion about the exact location (more about that later). The pilot and the WSO (i.e., Weapons System Officer) both successfully ejected but were separated. The pilot was quickly rescued by the Combat Search and Rescue (i.e., CSAR) and the two Pave Hawk helicopters ferrying him back to safety were hit, but managed to make it to Kuwait — despite trailing visible black smoke.
The WSO was not so lucky. He reportedly landed 5 miles northwest of where he was ultimately rescued. I do not deny that he was recovered by US Special Operations forces on a ridge on a mountain — The red circle on the left hand side of the photo is the reported location of the pilot, the red circle on the right hand side of the photo is the airfield where the US Special Forces landed.
Th...
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06.04.26 - 18:48
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Leftist Economist Mello Gets Planning Job, Not Central Bank Post (Bloomberg)
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Brazil's new Planning Minister Bruno Moretti will name leftist economist Guilherme Mello as his deputy, removing him from contention for a seat on the central bank's board and advancing a shakeup of the federal government's economic team ahead of elections, according to a person familiar with the matter....
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06.04.26 - 17:06
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China′s yuan may be going global faster than Western data suggests, analysts say (SCMP)
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Mainstream metrics may understate the role of China's currency in global payments, as a growing share of transactions is now routed through Beijing's own cross-border payment system and not fully reflected in conventional data sets, analysts say.
This could help explain the gap between Beijing's official narrative – which describes the yuan as the world's third-largest payment currency – and readings from tracking systems such as the Society for Worldwide Interbank Financial Telecommunication......
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