We know what’s coming and we are prepared.
🇬🇧🤡 How the British Government Covered Up 🇵🇰 Pakistani Grooming Gangs?
🇺🇸 US billionaire Elon Musk has sparked the controversy by calling out the UK government for failing to act on grooming gangs, which reportedly exploited 1,400+ children over the period of 1997-2013, while the authorities dismissed the issue.
💢 Musk labeled these crimes as a "mass crime" and accused PM Keir Starmer of complicity for not taking action.
What are these grooming gangs?
🤬 The grooming gangs, largely composed of men of Pakistani descent, targeted and abused young girls for years across cities like Rotherham, Rochdale, Telford, and others.
Threatening the victims with murder and threats of harming their families if they complained led many victims to suffer silently at the hands of the Islamists.
👮♀️ Investigations revealed systemic failures, with multiple scandals showing how authorities ignored or mishandled these crimes, because they feared of raising Islamophobic backlash in the country.
◾️ In 2023, then-Prime Minister Rishi Sunak launched a task force to combat grooming gangs, yet public outrage continues over the lack of accountability and delayed justice.
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🪖 🇺🇸 👨💻 Selective Service System wants to wargame the draft
Fearing that its new plans for the U.S. military draft pool won’t work, the Selective Service System wants to create a computer simulation to test scenarios for its national mobilization.
Since 1940, men within a designated age range have been required to register with the Selective Service. But under a proposed rule, men aged 18 to 26 will be automatically registered starting Dec. 19, 2026. The Selective Service System will work off data contained in other federal databases.
The computer simulation will explore multiple areas. These include evaluating staffing and resource requirements, comparing mobilization and police scenarios and assessing the operational impact of surge conditions. In addition, the system will “identify throughput risks, delays, and bottlenecks” and support executive planning and reporting obligations.
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🛢 This oil crisis is now considerably more dangerous than it was back in March while market sentiment remains complacent.
• Strait of Hormuz closed again, with less dark fleet shuttling than ten days ago;
• Iranian crude exports effectively blockaded;
• Bab el Mandeb has become a new front in the Iran-US conflict, removing additional Saudi barrels;
• Less diplomatic room for manoeuvre than before the MoU;
• Kazakh crude exports via CPC terminal halted following Ukraine’s vessel strike campaign in the Black Sea;
• 1.5mbpd of Russian product exports missing, with significant duration due to recurring Ukraine drone strikes;
• Global crude inventories 1.5bn barrels lower than on 28 Feb;
• US product inventories remain lowish while its refinery system is maxed out;
• Brent back to a US$6 front-month backwardation.
We are rapidly moving from a products crisis - which is here to stay - back into a crude and product crisis.
Expect fresh announcements of SPR releases.
🔗 Alexander Stahel
🌆 Market News Digest
[Jul 24, 2026, 07:00–16:00 EST]
🔥 Top Stories
• Middle East escalation risks spike — reports of strikes/explosions across Iran, Saudi, Kuwait, Yemen; tanker attacks and Hormuz-Bab el-Mandeb tensions lifted oil volatility and safe-haven flows.
• Trump weighs Iran options, pushes trade pressure — said he’s speaking with Iran, hasn’t decided on strikes, while also threatening major EU tariffs/301 probe and fresh Canada/Mexico tariffs.
• US growth data stays firm — flash PMIs beat estimates and June new-home sales topped forecasts, keeping recession fears in check.
• US stocks mixed at the close — Dow outperformed, Nasdaq lagged as AI/mega-cap weakness and geopolitics pressured tech.
⛽ Oil & Energy
• Crude swung lower despite conflict headlines — WTI settled at $89.31, Brent at $96.78 after missile/tanker reports, with renewed Red Sea/Hormuz risk.
• Tanker reroutes and strikes — TORM re-routed via Suez/southern Africa; reports also pointed to damage on a Saudi ...
