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Nuclear Stocks Surge After Trump Tells Davos "US Going Heavy Into Nuclear" President Trump opened his speech at Davos with a major plug for the US nuclear industry. Trump: "The US is going heavy into nuclear. I wasn't a fan of nuclear, but the safety progress they've made with nuclear is unbelievable. We are very much into the world of nuclear energy" — zerohedge (@zerohedge) January 21, 2026 Nuclear fuel chain and reactor developer stocks spiked in the premarket on Trump‘s comments. The US nuclear industry has suffered decades of atrophy under the crushing weight of nuclear disaster fears, cheap natural gas, crushing regulation hurdles and brutal lawfare from environmental (spoken “anti-nuclear”) activists. But thanks to the unprecedented support from the current federal administration, in particular from Energy Secretary Chris Wright, nuclear is finally “cool” again. As we’ve covered dozens of times over just the past few months, the current administration is taking an all hands-on deck approach for reinvigorating the nuclear industry. *BESSENT: U.S. IS BEHIND CHINA ON NUCLEAR POWER BUT WILL CATCH UP *BESSENT: IT'S ALL HANDS ON DECK FOR NUCLEAR POWER — zerohedge (@zerohedge) October 30, 2025 The US government has recognized the deficit at every stage of the nuclear industry from the lack of domestic uranium mining, the devoid enrichment capacity, the lack of heavy manufacturing and fabrication, and the absence of advanced reactor development. The industry has thankfully received waves of support from the government in the form of awards for enrichment, high speed licensing pathways, and new potential nuclear applications, including launching reactors into space for moon colonization. There’s even more bullish events on the horizon, as we detailed the near term catalyst for the nuclear fuel chain participants with the DOJ granting antitrust immunity for participants willing to revitalize domestic capabilities. Hundreds of billions of dollars have also been predesignated for reactor development in the US, both from domestic government support and foreign aid from countries like Japan and South Korea. We are very likely still in the earliest stages of the US nuclear renaissance. Tyler Durden Wed, 01/21/2026 - 09:55

Powell To Attend As Supreme Court To Review Trump's Firing Of Fed Governor Lisa Cook The Supreme Court on Wednesday are expected to review the legality of President Donald Trump's firing of Fed Governor Lisa Cook last August over allegations of mortgage fraud. Lisa Cook, member of the Board of Governors of the Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board's supplementary leverage ratio standards at the Federal Reserve Board building in Washington on June 25, 2025. Saul Loeb/AFP via Getty Images In a letter to Cook, Trump cited a provision of the Federal Reserve act of 1913 which allows a president to fire members "for cause." Cook challenged the firing, and after a lower court reinstated her, Trump asked the Supreme Court to intervene. During today's oral arguments, the justices are expected to probe several legal issues - including whether the mortgage allegations constitute the sort of cause that allows firings under the Federal Reserve Act. Of note, Federal Reserve Chair Jerome Powell is planning to attend - which US Treasury Secretary Scott Bessent on Tuesday said would be a mistake. Powell's plan to ​attend the court's oral arguments is a potent symbol of the administration's ongoing clash with the Fed following U.S. Department of Justice threats to pursue a criminal investigation of him. Powell called the threat a "pretext" to pressure ‍him over monetary policy. -Reuters "I actually think that's a mistake," Bessent told CNBC. "If you're trying not to politicize the Fed, for the Fed chair to be sitting there, trying to put his thumb on the ⁠scale, is a real mistake." The Alleged Fraud Cook was slapped with a criminal referral on Aug. 15 by Federal Housing Finance Agency (FHFA) chairman Bill Pulte, who alleged that Cook lied on one of her mortgage agreements - specifically representing it as her primary residence. As the Epoch Times notes further, ten days later Trump sent a letter to Cook informing her of her termination. “At a minimum, the conduct at issue exhibits the sort of gross negligence in financial transactions that calls into question your competence and trustworthiness as a financial regulator,” he said. After Cook sued, a federal judge in Washington reinstated her. In a more tentative order, the judge said that Trump probably didn’t have a valid cause for firing Cook. Under this judge’s interpretation, for Trump to fire Cook, he would have to do so for a reason related to an unfaithful execution of her statutory duties while she was in office. Cook’s alleged fraud took place before she began serving at the Federal Reserve. Trump has asked the Supreme Court to lift this block while litigation continues in lower courts. Typically, these types of appeals, which come on the emergency docket, are decided without oral argument. In this case, however, the Supreme Court deferred its decision until it heard arguments. The Justice Department told the Supreme Court in September 2025 that not only was Trump’s cause sufficient, but that courts didn’t have the authority to review his determination of that cause. Reinstating Officials Separate from Congress’s phrasing, the power of judges to reinstate fired officials is also under scrutiny in both Cook’s case and another case that was heard in December 2025. For months, lower court judges have been reversing Trump’s firings of high-level bureaucrats. In response, the Trump administration argued that doing so was overstepping judicial authority and that the more appropriate remedy to illegal firings was back pay. The Supreme Court is expected to address that issue in Trump v. Slaughter, which focused on the president’s ability to fire members of the Federal Trade Commission. It’s unclear how they will rule, and they didn’t focus much on the issue during oral argument on Dec. 8, 2025. But in its emergency docket decisions, the Supreme Court has indicated some sympathy for Trump’s position. Cook’s case is unique for…

After Trump Meeting, Slovak PM Fico Says 'EU Is Not Taken Seriously' By World Leaders Authored by Thomas Brooke via Remix News, Slovak Prime Minister Robert Fico said the European Union is “not taken completely seriously” by world leaders because of its “suicidal migration policy” and “nonsense climate goals,” after a phone call on Monday with German Federal Chancellor Friedrich Merz. According to the government’s press office, cited by the TASR news agency, Fico told Merz that he would send an open letter on Tuesday to European Commission President Ursula von der Leyen and circulate it to all EU prime ministers and heads of state, in which he would express concerns relayed to him following a meeting with U.S. President Trump at the weekend and offer solutions. “I have proposed several solutions to the Federal Chancellor, and I hope that he will visit Slovakia soon, as he promised. We have something to talk about,” Fico said. He added that several hundred German companies operate in Slovakia and that the Slovak economy is particularly dependent on German economic development because of the high concentration of car production. Fico said he and Merz discussed the current “serious international situation,” including the escalating transatlantic tensions over the future of Greenland, and the ongoing conflict in Ukraine. He told the German chancellor about his conversation over the weekend with U.S. President Donald Trump and U.S. Secretary of State Marco Rubio at Trump’s Mar-a-Lago estate in Palm Beach, Florida. “The U.S. president is clearly pursuing the nation-state interests of the U.S. If the EU had acted this way, we would be in a completely different place than we are now,” Fico said, again arguing that the European Union is not taken seriously on the world stage. 🇺🇸🇪🇺 EPIC phone call between Slovakia's PM Fico with Germany's Merz, after Fico met Trump. PERFECTLY sums up the situation between the U.S. and the EU regarding Greendland Prime Minister Fico: - "The President of the United States is clearly pursuing the nation state interests… pic.twitter.com/aXFOa6wcXL — Mario Nawfal (@MarioNawfal) January 19, 2026 The Slovak government described the Fico-Trump meeting as informal and a sign of respect and trust. The talks covered the war in Ukraine, the European Union, and bilateral relations, and were attended by U.S. and Slovak foreign ministers Marco Rubio and Juraj Blanár. On Ukraine, Fico said he reiterated his long-held positions to the American president. “All my positions are well-known, and I repeat them in the same wording at every meeting,” he said, declaring “Slovakia’s peaceful position and the opinion that diplomacy and mutual listening must take precedence over military solutions.” According to Fico, he and Trump shared the view of the European Union as “an institution in deep crisis” in relation to its competitiveness as well as its energy and migration policies. They also discussed an intergovernmental agreement on cooperation in nuclear energy, ceremonially signed in Washington before the Florida meeting. “Both countries are fully aware that solving serious energy challenges is not possible through wind turbines or photovoltaics, but that the basis for the future is the rapid development of nuclear energy,” Fico said. THE TRIP TO THE UNITED STATES AND TALKS WITH PRESIDENT D. TRUMP WERE SOVEREIGN, CONFIDENT, AND EXCEPTIONALLY IMPORTANT FOR SLOVAKIA FROM THE PERSPECTIVE OF ENERGY SECURITY. I understand that anti-Slovak media and the opposition are being torn apart by envy and hatred. I have… pic.twitter.com/7rjoxPWLIR — Robert Fico 🇸🇰 (@RobertFicoSVK) January 18, 2026 Fico also said he presented Trump with a Slovak postage stamp depicting a U.S. Marine Corps soldier of Slovak origin, Michal Strank, noting that a photograph of Strank raising the American flag on Iwo Jima in February 1945 later became the model for a major military monument at Arlington National Cemetery. “The trip to the USA was our next…

"Rich Kids Of Iran" Flee To Turkish Nightclubs Amid Deadly Crackdown On Protesters: Report The children of Iran's political and military elite are back in the spotlight for their opulent lifestyles amid reports that they fled the country to party in Turkish nightclubs, even as the regime's security forces carry out its deadliest crackdown on nationwide protests in years, the New York Post reports. Anashid Hoseini, a model and designer, is married to the son of Iran’s ambassador to Denmark. They are considered part of the aghazadeh, or children of the elite The phenomenon of Iran's affluent youth first drew international attention more than a decade ago through the Instagram account @richkidsoftehran (now with approximately 477,000 followers), which features eyebrow-raising posts of luxury cars such, watches, and designer gear. Among the most infamous “Rich Kids of Iran" is Sasha Sobhani, the son of a former Iranian ambassador to Venezuela, who relocated to Spain in 2019 and has posted videos of his Lamborghini and other vehicles. Sasha Sobhani, the son of a former Iranian ambassador to Venezuela, became a social media star showing off his expat life in Spain, where he moved in 2019. Instagram/sasha_sohbani Another account belongs to Anashid Hoseini, who is married to the son of Iran's former ambassador to Denmark and whose Instagram account with over 1.7 million followers regularly displays expensive bling and designer handbags. View this post on Instagram A post shared by Anashid Hoseini (@anashidhoseini) The New York Post reports: Amid an enforced internet blackout that allows an oppressive regime to commit “genocide under the cover of digital darkness,” according to one outraged expert, reporters from The Telegraph are said to have observed “rich Iranians” partying at a nightclub in a popular holiday hotspot on the border with Turkey. And as the Telegraph reports: The province of Van, in far-eastern Turkey, shares a mountainous border with Iran, making it a popular holiday destination for Iranians looking to party. Despite the chaos at home – where more than two weeks of protests had been halted by deadly force and a total communications blackout – The Telegraph witnessed elite Iranians gathering to drink, socialise and party in Van city. Locals said that in recent days, wealthy Iranians – some said to support the Islamic regime – had arrived in Turkey to escape the political instability, fearing the protesters might turn on them as well. "They left Iran for now because they were worried about staying there. Here, they can feel safe. They have made a lot of money from their businesses in Iran, and then they come here to spend it," one Iranian said of the partygoers. "Imagine if, in your country, thousands of people had been killed. Would you have the heart to go out dancing in a bar?" another Iranian told the outlet. The renewed attention on Iran’s showdy elites has come into focus as Iranian authorities have now acknowledged that it’s brutal crackdown on protesters have resulted in significant casualties. In a public address, Supreme Leader Ayatollah Ali Khamenei conceded that "several thousand" Iranians died in the violence, which he unsurprisingly attributed to foreign-backed "rioters" and "terrorists" incited by President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. An unnamed Iranian official cited by Reuters estimated the verified death toll at least 5,000, including roughly 500 security personnel. Independent monitoring groups face challenges due to a near-total internet blackout, but the U.S.-based Human Rights Activists News Agency (HRANA) has confirmed more than 3,900 deaths, while other activist and medical sources inside Iran have cited figures ranging from 12,000 to 20,000 protester fatalities, according to CBS News. Trump has repeatedly condemned the crackdown, urging protesters to continue their efforts and stating that "help is on its way.” The president has warned Tehran of "very strong…