Top British Professor Links COVID-19 Vaccine to Cancer in UK Royal Family

Dr. Aseem Malhotra

Dr. Aseem Malhotra, Cardiologist and Medical Advisor, MAHA Action addresses delegates on day two of the Reform UK party conference at National Exhibition Centre on September 06, 2025 in Birmingham, England. Leon Neal/Getty Images

By Jordan King

A British cardiologist who advises Robert F. Kennedy Jr.‘s MAHA Action has said “it’s highly likely that the COVID vaccines have been a factor, a significant factor in the cancer of members of the royal family.”

Dr. Aseem Malhotra spoke at the Reform U.K. party conference in Birmingham on Saturday when he said he had been asked to relay a view from an oncologist that links King Charles III and Kate Middleton‘s cancer diagnoses to the virus vaccine.

[…]

What To Know

Malhotra made his remarks at Reform U.K.’s annual conference while discussing alleged harms from mRNA COVID-19 vaccines; he said he was relaying the opinion of an expert he described as “one of Britain’s most eminent oncologists.”

“He thinks it’s highly likely that the COVID vaccines have been a factor in the cancer of members of the royal family,” said Malhotra.

The king’s diagnosis was announced by Buckingham Palace in February 2024, and the Princess of Wales announced she was undergoing treatment in March 2024 and later reported remission in January 2025

[…]

Via https://www.newsweek.com/rfk-jr-cancer-mrna-vaccine-royal-family-2125954

The Growing Israeli Foothold in South America: Three New Battlegrounds

As Tel Aviv exploits the regional resurgence of anti-imperialist forces, its foothold in Argentina, Bolivia, and Chile faces growing resistance from movements determined to push the occupation state out of Latin America.

Renato Velez

As condemnation of Israeli war crimes intensifies across the Global South, Tel Aviv is moving swiftly to secure footholds in Latin America, namely across Argentina, Bolivia, and Chile. These are strategic offensives – and not diplomatic missions or economic ventures – designed to re-anchor the occupation state in a region historically hostile to its apartheid policies and colonial practices.

Tel Aviv’s American frontier

Israel’s advance comes amid the wreckage of Latin America’s “Pink Tide” – a decade-long wave of center-left, anti-imperialist governments that once challenged US dominance and Washington’s imposed neoliberal economics across the continent. Some of those governments also heralded an era of counter-hegemonic attempts by fostering national sovereignty and South–South relations, spearheaded by the late Venezuelan president Hugo Chavez (1999–2013) and Brazil’s former president Lula da Silva (2003–2011). While many of those gains were rolled back through coups, economic blackmail, and Atlanticist intervention paving the way for US-aligned conservative governments, the embers of that era are reigniting.

As recent events in Venezuela have shown, with American naval assets approaching its Caribbean shores to apparently launch a regime change operation disguised as a fight against “narco-terrorism,” the US Southern Command (SOUTHCOM) has been retooled for confrontation, and the Axis of Resistance is expanding its influence beyond West Asia. Tel Aviv understands the clock is ticking. With growing regional solidarity against western imperialism, Israel is scrambling to lock in alliances and defense pacts before the next political rupture shuts it out once again. As in the time of the Cold War-era military juntas, Israel is taking advantage of the changing winds in Latin American politics, the growth of Christian Zionism among local Evangelicals, and US direct interventions to project its strategic depth into the Americas. The coming elections in Argentina, Bolivia, and Chile will be decisive matches in this game.

Argentina: The occupation state’s southern embassy

Argentina is a country built thanks to immigration. At the beginning of the 20th century, it received a large influx of Arab immigrants from the Ottoman Empire, mostly Syrian and Lebanese Christians; this was followed later by smaller waves of Muslim immigrants. It also hosts one of the biggest Jewish communities in the Americas. In the last four decades, Argentine relations with West Asia have been marred by two high-profile bombings: in 1992 against the Israeli Embassy in Buenos Aires; and in 1994 against the Jewish community center, AMIA. Blame for both incidents has been repeatedly placed, without definitive evidence, on Hezbollah and Iran by Israeli, US, and some Argentine officials.

Under the rule of self-declared “libertarian” President Javier Milei, Argentina has become Tel Aviv’s most ardent ally in the region. But Milei’s support for Israel is not grounded in libertarian values, which traditionally emphasize non-interventionism and skepticism toward foreign entanglements. Rather, his is a messianic, evangelical Zionism that casts Argentina and Israel as joint stewards of “Judeo-Christian” civilization.

Milei’s political rise has been bankrolled by figures like prominent businessman Eduardo Elsztain and marked by overt religious zeal, including affiliations with the ultra-Orthodox Chabad-Lubavitch movement. His government has already begun selling off state assets, opening the door for Israeli firms like Merokot to take control of critical infrastructure under the guise of “efficiency.” While Merokot denies it will privatize Argentina’s water company AySA, it has openly agreed to “advise” on its operations. Argentinian Interior Minister Patricia Bullrich, a long-time pro-Israel hawk, has revived discredited narratives about Hezbollah’s alleged presence in the Tri-border Area to justify deepening Israeli security cooperation against “terrorist activities.” Bullrich’s past arms deals with Israel include drones, radars, and gunboats, and her circle is deeply embedded in Israeli lobbying networks.

In late June, just days before Tel Aviv’s direct military escalation against Iran, Milei visited Israeli Prime Minister Benjamin Netanyahu and signed a memorandum of understanding (MoU) on “terrorism” and “antisemitism.” During his speech, Milei claimed in stark Messianic language that Argentina and Israel were both “beacons of light” in a world ruled by darkness. Milei even proposed launching the “American Friends of the Isaac Accords (AFOIA),” a vehicle to promote Israeli ties across Latin America. He also openly welcomed the Israeli-US assault on Iran, declaring in an interview that the Islamic Republic is “an enemy” of Argentina. Tehran took note of the remark in its formal complaint to the UN, warning that such rhetoric risked entangling Buenos Aires in a confrontation wholly unrelated to its national interests. Argentine opposition figures likewise condemned Milei’s remarks as reckless and dangerously subservient to a foreign agenda.

But Milei’s political survival is uncertain. With the economy in free fall, corruption probes commencing, and legislative elections looming in October, Argentina may soon witness Milei’s collapse, and with it, Tel Aviv’s strategic outpost.

Bolivia: From solidarity to subservience?

The last six years have been a downward spiral for Bolivian politics. After the 2019 coup that ousted former president Evo Morales, the country has suffered chronic political instability, impacting foreign policy too. Bolivia under Morales was a symbol of continental resistance. His decision to sever ties with Tel Aviv, the expulsion of the Israeli ambassador in 2009, and denunciation of Israel as a “terrorist state” in 2014 sent a clear message. Morales aligned Bolivia with ALBA, BRICS+, and forged new partnerships with Iran, Russia, and China.

The 2019 US-backed coup that installed former president Jeanine Anez (2019–2020) reversed these gains. Her government not only restored ties with Israel, but requested its help to suppress indigenous-led protests, praising the occupation state’s “expertise” in dealing with “terrorists.” This principled position was quickly reversed by the 2019 coup, led by pro-American Christian fundamentalists. The Jeanine Anez de facto government restored full diplomatic relations with Israel, and her interior minister, Arturo Murillo, even invited Israeli assistance in crafting Bolivia’s new anti‑terrorism forces, declaring, “They’re used to dealing with terrorists. They know how to handle them.”

When the leftist coalition returned to power in 2020, with Morales’s finance minister Luis Arce now president, Bolivia reinstated some of Morales’s foreign policy direction, including a defense pact with Iran (which hinted at the possibility of Bolivia acquiring cutting-edge Iranian drones) and eventual severing of ties with Israel after its Gaza onslaught in 2023 – internal fractures have weakened the ruling MAS (Movement towards Socialism) party.

The first round of presidential elections this month ended in disaster for the left, with no MAS candidate making the runoff. The contest will now be between center-right Rodrigo Paz and far-right Tuto Quiroga, both staunchly pro-US and likely to restore military and intelligence ties with Tel Aviv. A victory for either will mark the end of Bolivia’s anti-imperialist foreign policy and hand Tel Aviv another foothold in the Andes.

Chile: The last resistance stronghold?

With the largest Palestinian diaspora outside the Arab world, Chile has been a key node in resisting Israeli normalization. Chile’s outgoing President Gabriel Boric publicly clashed with Israeli ambassador Gil Artzyeli, who aggressively targeted pro-Palestine voices across Chilean civil society and politics. Boric’s administration took real steps to sever ties. It co-sponsored genocide proceedings against Israel at the International Court of Justice (ICJ) and the International Criminal Court (ICC), banned Israeli arms companies from the FIDAE airshow, and began dismantling decades of defense cooperation. In March, Chile withdrew its military attaché from Tel Aviv and voiced support for an arms embargo, with officials openly considering Turkiye as a replacement supplier.

Still, many Chilean activists criticized Boric for refusing to fully break diplomatic ties. Now, with elections looming in November, those gains may be erased. As in the cases of Argentina and Bolivia, the coming Chilean administration will likely be headed by pro-Israel conservatives. The right-wing opposition forces criticized most of Boric’s decisions regarding Israel, claiming that losing such a “strategic partner” could jeopardize Chile’s national security.

Far-right candidate Jose Antonio Kast, a close ally of Milei and a favorite of the Trump camp, is leading the polls. One of his allied forces, the Social-Christian Party, is composed of staunch defenders of Christian Zionism. Kast has filled his party lists with ex-military officials aligned with Chile’s Pinochet-era military establishment, which enjoyed strong ties with Israel. If elected, Kast will almost certainly reverse Boric’s policies. His allies have already signaled plans to criminalize pro-Palestinian activism under the pretext of combating “antisemitism,” echoing recent accusations by the Anti-Defamation League (ADL) that Chile is “the most antisemitic country” in Latin America. Similar concerns have also been raised by the US State Department. Even more ominously, discussions are underway to formally designate Hezbollah as a terrorist group in Chile, mirroring recent moves by Argentina. In April, Patricia Bullrich travelled to Santiago to advocate for this agenda.

Argentina has become Tel Aviv’s forward base, Bolivia faces the prospect of reversal, and Chile could soon follow. What happens in these three states will decide whether the occupation state cements a durable presence in Latin America, or whether a resurgent continental resistance closes the door on its ambitions.

[…]

Via https://libya360.wordpress.com/2025/09/09/the-growing-israeli-foothold-in-south-america-three-new-battlegrounds/

Iran joins other BRICS countries for naval drills in South Africa 

TEHRAN – The Iranian Navy is poised to play a crucial role in safeguarding global maritime security as it joins other BRICS nations for a major naval exercise hosted by South Africa. 

Tehran Times

Captain Hassan Maqsoudlou, commander of the Iranian Navy’s First Naval District, affirmed Iran’s commitment to the “Will for Peace” initiative during a preparatory briefing in Cape Town. He emphasized the Islamic Republic’s dedication to fostering unity and solidarity amongst friendly nations.

Maqsoudlou highlighted the vital role of BRICS in promoting both economic and strategic cooperation, underscoring that the joint naval exercise aims to solidify maritime security as a bedrock for global economic stability. This participation further cements Iran’s position as a key player in ensuring the safety of vital international shipping lanes.
[…]

Via https://www.tehrantimes.com/news/517615/Iran-to-join-other-BRICS-countries-for-naval-drills-in-South

Young and Homeless in New York

Young and Homeless in New York

Directed by Benjamin Alvarez Gruber (2024)

Film Review

This short film profiles a homeless family with a new baby. John, the father, works nights at a clinic but his wages are too low to afford an apartment. According to the director of a prion diversion program, apartments that cost $200 a month 10 years ago, cost $4,000 a month now.

John, his partner and their baby currently stay in a homeless shelter for families that provides them with a cubicle containing a stove, a sink and a bed.

At present 90,000 unhoused New Yorkers stay in shelters. One third are children.

Graeber also profiles a woman who works for the Avenues for Justice Program.She was referred there a a 16 year old facing state prison time for selling drugs. The program offers and after school support program for teenagers when home isn’t a sae space for them.

Screen Time Increases Kids’ Risk of High Blood Pressure, Insulin Resistance

child using iPad and heart

The authors of a study published in the Journal of the American Heart Association said the link between screen time and cardiometabolic risk — including high blood pressure, high cholesterol and insulin resistance — was even stronger in children and teens with poor sleep habits.

The more time children spend on screens, the higher their risk factors for cardiometabolic disease, including high blood pressure, high cholesterol and insulin resistance, according to a study published this month in the Journal of the American Heart Association.

The authors found that each extra hour of screen time — including watching movies or TV, gaming, and using cellphones, tablets or computers for leisure — increased youths’ overall cardiometabolic risk compared to the average for children their age.

“This was true even after accounting for diet, exercise and sleep,” David Horner, M.D., Ph.D., the study’s lead author, told The Defender.

The link between screen time and cardiometabolic risk was even stronger in youths with poor sleep habits.

“Poor sleep, shorter nights and later bedtimes” all amplified the risk, Horner said.

The analysis suggests screen use may reduce sleep duration or extend the time it takes for a person to fall asleep, possibly through blue light exposure or increased stress, Horner said.

“These findings don’t surprise me at all,” Dr. Holly Groh, a retired Louisiana ophthalmologist who has tracked research on screen time’s negative health impacts for years, told The Defender.

“Taking a child’s world and making it into a few small inches of stimulation” from an electronic screen has “far-reaching effects,” she said.

According to Groh, screen time affects not only a child’s heart and sleep, but their eyes, brain, mental health and hormonal system.

Screen time created a ‘metabolic signature’ in the blood

Screen habits leave measurable biological traces in the blood “before any disease is visible,” Horner said.

Using machine learning, the researchers found they could accurately predict which children had higher screen times by looking for certain biomarkers in their blood.

These biomarkers were a “metabolic signature” related to screen time, according to the authors’ report. It said:

“The identified metabolic signature included 37 biomarkers, many of which have previously been linked to obesity‐related traits and lipid metabolism, such as elevated triglycerides in various very low‐density lipoprotein subclasses and reduced large HDL cholesterol fractions.”

The study’s findings suggest that limiting recreational screen time in childhood and adolescence may “protect long-term heart and metabolic health,” Horner said in a press release.

“Recognizing and discussing screen habits during pediatric appointments could become part of broader lifestyle counseling, much like diet or physical activity,” he said.

Horner recommended that children avoid watching screens within two hours of bedtime, balance screen use with physical exercise, and build routines that include lots of offline activities.

How the research was conducted

The researchers examined data from over 1,000 Danish youths in two previous Danish cohort studies. One study gathered health data from 700 children from birth to age 10. The other gathered health data from roughly 400 children from birth to age 18.

Parents documented how many hours their child spent on recreational screen time on weekdays and weekends. The 18-year-olds reported their own hours.

At age 6, the average screen time was two hours a day. At ages 10 and 18, the averages were 3 and 6 hours, respectively.

The researchers also measured cardiometabolic risk factors, including waist circumference, blood pressure, cholesterol and blood sugar levels, which they adjusted for age and sex. These factors influence a person’s risk of having a heart attack and stroke, according to Harvard Medical School.

The authors compiled the data to create a composite cardiometabolic risk score for each child or teen that reflected the youth’s overall risk compared to the average for children their age.

For 10-year-olds, the score rose by about 0.08 standard deviations. For 18-year-olds, it went up by 0.13 standard deviations.

A standard deviation is a measure of how dispersed data is in relation to an average, according to the National Institutes of Health’s National Library of Medicine.

The change may look small, “but when screen time accumulates to three, five or even six hours a day, as we saw in many adolescents, that adds up,” Horner said. “Multiply that across a whole population of children, and you’re looking at a meaningful shift in early cardiometabolic risk that could carry into adulthood.”

It’s not just sitting around that makes time on screens harmful

Prior studies on the health impacts of screen time have attributed poor health outcomes to the sedentary nature of watching screens.

However, authors of the Danish study said sedentariness didn’t explain the symptoms they identified in their study. Their statistical model accounted for lifestyle factors, including the amount of time a child was sedentary and the child’s diet.

Screen time itself appeared to increase kids’ risk via “independent mechanisms,” such as “poor stress regulation and high sympathetic arousal,” they said.

What about wireless radiation?

The study report did not mention that most screens emit wireless radiation.

Dr. Robert Brown, vice president of Scientific Research and Clinical Affairs for the Environmental Health Trust, said, “We need to understand that unless a device is hardwired, the screen is irradiating its observer with radiofrequency radiation.”

This radiation causes oxidative stress in the body’s cells, “causing negative systemic health effects — both in our children and in adults,” he said.

The study authors said the research was observational, meaning it didn’t prove that screen time increased the risks. They also noted their results could be biased because parents and 18-year-olds may not have accurately reported their screen time use.

The authors called for future studies to confirm their findings.

Horner is a researcher at the Copenhagen Prospective Studies on Asthma in Childhood at the University of Copenhagen in Denmark.

Numerous entities funded the study, including the Lundbeck Foundation, Denmark’s Ministry of Health, the Danish Council for Strategic Research, the Capital Region Research Foundation and the European Research Council.

[…]

Via https://childrenshealthdefense.org/defender/screen-time-increases-kids-risk-cardiometabolic-disease-jaha-study/

Undersea Cable Cuts Kill Internet To Parts Of Asia, Mideast

Saudi Vision Cable, laid in 2022, connects Jeddah, Yanbu, Dibba and Haql, the major subsea hubs in Red Sea cities of Saudi Arabia.

Zero Hedge

Undersea internet cables in the Red Sea have been cut, disrupting internet access to parts of Asia and the Middle East. The cause of the cuts weren’t immediately clear, though China does have a shiny new deep-sea cable cutter (which we’re sure a bunch of countries have too).

Associated Press (via NBC) seems to think (‘there has been concern’) that Houthi rebels from Yemen have been targeting the cables, which sounds absurd – though parts of the red sea are only as deep at 100m (330 ft).

While the Houthis might not have submarines, undersea robots, or the ability to hit the deepest parts of the Red Sea, it’s possible to inflict damage on subsea cables without the backing of a major navy.

In March 2013, three divers were arrested by the Egyptian Navy off the coast of Alexandria after cutting the SeaMeWe-4 cable by detonating underwater explosives. Internet speeds reportedly fell around 60 percent after the incident. A motive wasn’t revealed and it’s unclear if they were charged and/or sentenced for the damage.

In 2007, it was reported that police had seized more than 500km of telecom cable taken by fishing vessels to sell for scrap – including an 11km segment identified as belonging to the SeaMeWe-3 cable. –Data Center Dynamics

So, who knows – but AP (deep state) spends considerable ink on the Houthis

Yemen with its capital, Sanaa. AP

Undersea cables are a major component of the internet, along with satellite connections and land-based cables, with internet providers having multiple access points through which to reroute traffic if necessary.

According to Microsoft, the Mideast “may experience increased latency due to undersea fiber cuts in the Red Sea,” though it did not elaborate.

According to internet monitor NetKBlocks, a “series of subsea cable outages in the Red Sea has degraded internet connectivity in multiple countries,” which is says includes India and Pakistan. It blamed “failures affecting the SMW4 and IMEWE cable systems near Jeddah, Saudi Arabia.”

In August of 2022, the ‘Saudi Vision Cable’ was laid near Jeddah.The Vision Cable spans 1,160km connecting Jeddah, Yanbu, Dibba and Haql, the major subsea hubs in Red Sea cities of Saudi Arabia, according to Submarine Cable Networks.

Beyond that, the South East Asia-Middle East-Western Europe 4 cable (say that three times fast) is operated by Tata Communications – part of the Indian conglomerate, while the India-Middle East-Western Europe cable is operated by another consortium overseen by Alcatel-Lucent.

Pakistan Telecommunications Co. Ltd., a telecommunication giant in that country, noted that the cuts had taken place in a statement on Saturday.

Saudi Arabia did not immediately acknowledge the disruption and authorities there did not respond to a request for comment.

In the United Arab Emirates, home to Dubai and Abu Dhabi, internet users on the country’s state-owned Du and Etisalat networks complained of slower internet speeds. The government did not immediately acknowledge the disruption. -AP

Subsea cables can be cut by anchors dropped from ships, on purpose or otherwise. Repairs can take weeks, as a ship and crew must be dispatched to locate and repair the damaged cable.

[…]

Via https://www.zerohedge.com/technology/undersea-cable-cuts-kill-internet-parts-asia-mideast

Up To 37% Of Circulating Bitcoin May Be Lost Forever In Silent Supply Shock

Submitted by Ronan Manly of the Sound Money Report 

While Bitcoin’s fixed 21 million coin cap was designed to counteract fiat inflation and mirror gold’s scarcity, a massive pool of permanently lost coins further tightens supply.

Estimates from on-chain analyses suggest that between 2.3 million and an incredible 7.8 million BTC (roughly between 11—37% of total supply), may have vanished forever, trapped in lost wallets, forgotten keys, or in addresses abandoned due to unexpected deaths. These ‘zombie’ or ‘ghost’ coins then effectively reduce Bitcoin’s effective circulating supply from the current 19.9 million to as low as a range of 12.1—17.6 million BTC.

A Donation to Everyone

As well as intensifying Bitcoin’s existing inherent scarcity, coins that permanently vanish boost the true value of all remaining Bitcoins. As Satoshi Nakamoto, Bitcoin’s pseudonymous creator/creators, stated in a foresightful observation in April 2010 in a post on the BitcoinTalk forum: “Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.

The lost coin range estimate (2.3—7.8 million) also comfortably exceeds the combined total of Bitcoin ETF and corporate treasury holdings which together total approximately 2.2 million BTC, a point rarely highlighted by a mainstream financial media fixated on the latest Blackrock Bitcoin ETF inflows and [Micro]Strategy’s latest BTC purchases.

No Keys, No Coins

Bitcoin’s rarity is thus magnified by these permanent losses, as the lost coin supply shock increases the value of every remaining coin, in contrast to traditional centralised assets such as stocks or bonds, In Bitcoin, there is no safety net. Once access is gone, the coins are effectively removed from circulation.

With a self-custodial architecture of ‘be your own bank’ but on an immutable blockchain, any lost and inaccessible coins on the Bitcoin network remain visible but untouchable. There is no bank and no bailout – only the owner and their private keys.

The familiar warning about exchange-held BTC of “not your keys, not your coins” now becomes the even more dramatic “no keys, no coins” in the off-exchange world.

Bitcoin relies on private keys (unique 256-bit cryptographic strings) to control and transfer ownership between addresses. Forgotten passwords, lost seed phrases, overwritten files, corrupted drives, or discarded hardware all result in irreversible inaccessibility.

Real-World Losses

Real-world cases highlight the dramatic scale and drama of lost Bitcoin. In 2013, the now infamous Welsh IT engineer James Howells accidentally discarded a hard drive containing private keys to 8,000 BTC in a landfill, worth roughly USD 900mn at current prices. But local city council rulings about environmental regulations prevent the obsessed Howells from launching a search for the lost hard drive.

Stefan Thomas, former Ripple CTO, lost access to 7,002 BTC (circa USD 777mn today) after forgetting his IronKey hard drive password, which locks permanently after 10 failed guesses. In January 2021, with two attempts left, Thomas described to the New York Times his repeated, desperate, and unsuccessful efforts to regain access.

Deaths also contribute to Bitcoin inaccessibility when holders die without succession plans. Gerald Cotten, CEO of Canadian crypto exchange QuadrigaCX, allegedly died in 2018 without revealing how to access USD 190mn in client funds, which included substantial Bitcoin holdings.

Romanian early Bitcoin miner Mircea Popescu drowned off a Costa Rica beach in 2021, widely rumoured to have left up to 1 million BTC inaccessible. (potentially worth USD 111bn). While the size of Popescu’s BTC holdings is unproven, he was known to have had sizeable holdings.

And then there’s Bitcoin’s creator, Satoshi Nakamoto, who pulled his own vanishing act in April 2011, leaving behind an estimated 1 million BTC mined between 2009— 2010. This Satoshi stash is now possibly ‘lost’ forever, or has been left intentionally dormant as a ‘donation’ to the network.

Estimating the Extent of Loss

But just how many coins may be gone forever? Numerous studies have utilised blockchain analytics, wallet inactivity metrics, and even factor in human behaviour to try and pin down the extent of lost and inaccessible Bitcoins.

In a May 2025 report, Ledger cites analyst estimates of between 2.3—3.7 million lost Bitcoins, representing 11—18% of Bitcoin’s max 21 million coin supply. Cane Island Digital’s Timothy Peterson, in a June 2025 report, estimates over 6 million BTC irretrievably lost, potentially reaching 7 million by late 2025.

In 2023, Glassnode, the blockchain data and on-chain analytics platform, estimated approximately 7.8 million BTC or 39% of mined supply, were either “HODLed or lost coins”, although this may include dormant wallets held intentionally, which would overstate the estimate. This came from a Glassnode study in conjunction with ARK Invest, which used a metric of ‘Vaulted Supply’ aka “HODLed or lost coins,” which “multiplies outstanding supply times vaultedness to measure the number of coins that have not been moved. Either they are in strong hands, or they are lost.

In June 2025, Fidelity Digital Assets estimated that Bitcoin’s ancient supply, defined as the amount of bitcoin that has not moved for 10 years or more, accounted for over 17% of total issued supply, which is terms of BTC is over 3.3 million coins. In late 2024, River Financial, a Bitcoin financial institution were citing 3-4 million BTC as lost.

Despite varying methodologies, these studies, as a group, converge on a range of 2.3—7.8 million BTC lost, with the higher estimates like Glassnode’s and Peterson’s potentially overstated due to combining dormant and truly lost coins. Whatever the exact number, this range highlights a substantial and growing loss of Bitcoin, which enhances the scarcity of the remaining supply.

Losses vs ETFs and Corporate Treasuries

Comparing this loss range to the high-profile holdings of Bitcoin ETFs and corporate treasuries is eye-opening. As of August 2025, spot Bitcoin ETFs collectively held about 1,036,000 BTC or 5–6% of the roughly 19.9 million BTC so far mined, with Blackrock’s IBIT holding approximately 555,000 BTC of that total.

Corporate and treasury holders add another layer, with the top 100 corporates holding a combined 988,000 BTC (5% of the mined total) according to the Bitcoin Treasuries website, chief among them MicroStrategy (rebranded as Strategy) with 632,457 BTC, and such well-known names as MARA Holdings (50,639 BTC), Riot Platforms (19,225 BTC), and Japan’s Metaplanet (18,113 BTC).

Combining ETF plus corporate BTC holdings yields approximately 2.2 million, which is even less than the lower bound for estimated lost BTC of 2.3 million, and is a vivid illustration of the sheer scale of inaccessible coins. In other words, there is a hidden supply shock that the market has not yet fully processed, one which dwarfs both the US Bitcoin ETF inflows and Michael Saylor’s buying sprees.

From a circulating supply of 19.9 million BTC, subtract 5 million lost coins (midpoint estimate) and 2.2 million institutional holdings to get 12.7 million BTC in individual hands. Assume 30% of this (~ 3.8 million) is HODLed by long-term investors, which tallies with Glassnode’s 70% ‘unmoved supply’, which includes institutional and some misclassified lost coins.

Shrinking Free Float

This allows us to calculate a Bitcoin “Free Float”, that may be available to trade in the public market:19.9 million BTC mined so far, minus 5 million (lost), minus 2.2 million (institutionally held), minus 3.8 million (HODLed by individuals) = a free float of just 8.9 million BTC, or 42% of the 21 million total supply, and 45% of circulating supply. That is far less than the free float of S&P 500 stocks, which have a free float of 70—90%, and where ‘lost’ shares don’t exist as the centralised system can reissue them, unlike Bitcoin’s unforgiving blockchain.

The reported Bitcoin market cap of over USD 2.1trn market cap (19.9 million * USD 109,000) then is also a mirage, and is overstated by ~USD 500bn due to counting lost ‘ghost’ coins. With 5 million coins lost, the true supply is ~14.9 million BTC, which results in a real market cap of ~USD 1.6trn.

Conclusion

Bitcoin is scarcer than the market realises. Lost Bitcoins of between 2.3—7.8 million (11—37%) reduce accessible supply from 19.9 million to between 12.1—17.6 million. Irrecoverable coins inflate the value of every remaining coin, and intensify Bitcoin’s narrative as a store of value even rarer than gold. The widely accepted market cap of USD 2.1trn is overstated by about USD 500bn, with the true market cap near USD 1.6trn.

This silent supply shock, which dwarfs institutional demand and is ignored and underestimated by the mainstream media, positions Bitcoin not just as digital gold but as an asset with unparalleled rarity. It also has the potential to trigger a seismic price surge as the market wakes up to the scarcer than realised reality, and a free float barely half its total supply.

[…]

Via https://www.zerohedge.com/crypto/bitcoins-hidden-scarcity-lost-coins-and-silent-supply-shock

Global Mail Disruption Deepens As U.S. Tariffs Trigger International Postal Shutdowns

Zero Hedge

International mail to the United States has plunged by more than 80% in one week after the Trump administration ended a long-abused tax exemption on small packages, prompting widespread suspensions of postal services around the world, according to the Universal Postal Union (UPU).

The postal service in France is among those that stopped taking US-bound parcels following Trump’s decision to impose new tariffs on them (Thomas SAMSON)

In late July, the U.S. government announced it would revoke duty-free treatment for low-value parcels entering the country. The change, which took effect Aug. 29, has rattled global logistics networks and forced dozens of national postal operators to halt or scale back shipments to the U.S.

The UPU, a United Nations agency that oversees global postal cooperation, said 88 postal operators have either fully or partially suspended service to the U.S. Among them are major national carriers, including Germany’s Deutsche Post, Britain’s Royal Mail, and postal authorities in Bosnia and Herzegovina.

Postal services in India, Australia, France, Germany, Italy, Japan, and the U.K. are no longer accepting most U.S.-bound parcels, citing logistical disruptions and uncertainty over customs processing under the new tariff regime.

According to UPU data, postal traffic to the U.S. on Aug. 29 fell 81% compared with the previous week. “Furthermore, 88 postal operators informed the UPU they have suspended some or all postal services to the US until a solution is implemented,” the agency said in a statement.

UPU Director General Masahiko Metoki said the organization is working with affected postal services and U.S. authorities on a “rapid technical solution” to restore normal mail flows. However, he provided no timeline for when shipments might resume.

The Bern-based UPU, founded in 1874 and representing 192 member countries, sets international postal rules and facilitates cooperation among national mail systems. While the agency has mediated disputes before, industry analysts warn the current disruption highlights vulnerabilities in global supply chains that depend on inexpensive cross-border shipping.

The sudden halt comes amid mounting trade frictions as Washington uses tariff policy to rebalance foreign commerce. For small businesses, e-commerce sellers, and consumers relying on international packages, the suspension has created uncertainty and extended delivery delays.

Without an agreement, logistics experts warn that U.S. buyers and overseas exporters alike could face lasting disruptions in the global flow of goods – underscoring how deeply interconnected the world’s postal infrastructure has become.

[…]

Via https://www.zerohedge.com/geopolitical/global-mail-disruption-deepens-us-tariffs-trigger-international-postal-shutdowns

French government collapses

French government collapses

RT

Prime Minister Francois Bayrou has been ousted by the National Assembly in a no-confidence vote

The French government has fallen after Prime Minister Francois Bayrou lost a crucial confidence vote in parliament on Monday. Bayrou is the second consecutive prime minister under President Emmanuel Macron to be ousted, throwing the nation into political and economic turmoil.

A no-confidence motion in the National Assembly requires at least 288 votes to pass. Monday’s motion received 364 votes, with the left-wing New Popular Front and the right-wing National Rally uniting in opposition to end a months-long standoff over Bayrou’s austerity budget.

Having previously survived eight no-confidence motions, Bayrou called this vote himself, in a bid to secure backing for proposals that forecast almost €44 billion ($52 billion) of savings to ease France’s debt burden before the budget is presented in October.

The prime minister, who has repeatedly warned that France’s national debt poses a “mortal danger” to the country, appeared to acknowledge his fate. In a bitter remark on Sunday, Bayrou lashed out at rival parties that he said “hate each other” yet joined forces “to bring down the government.”

Bayrou is the second French prime minister in succession to be brought down following Michel Barnier’s ejection last December after just three months in office – and the sixth to serve under Macron since he was first elected in 2017.

Bayrou’s ouster reportedly leaves the French president to choose between appointing a Socialist prime minister to steer a budget through parliament, effectively ceding control of domestic policy, or call snap elections that polls suggest favour Marine Le Pen’s National Rally. With Macron’s approval ratings already hitting historic lows, either choice risks further weakening his presidency. Analysts warn that if markets lose confidence in France’s ability to rein in its deficit and mounting debt, the country could face turmoil reminiscent of the UK during the brief Liz Truss premiership.

Public discontent with Macron’s leadership has deepened, with the latest Le Figaro poll showing nearly 80% of French no longer trust the president. Thousands marched through Paris at the weekend demanding Macron’s resignation and carrying placards reading ‘Let’s stop Macron’ and ‘Frexit.’

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Via https://www.rt.com/news/624286-french-government-collapse-bayrou/

 

Persian Gulf pushes into strategic minerals: A plan for post-oil dominance

Photo Credit: The Cradle

Mawadda Iskandar

Arab states of the Persian Gulf are unleashing sovereign capital and forging south–south alliances to seize control of the world’s most vital minerals, positioning themselves to dominate the industries of the post-oil era.

For decades, the states of the Gulf Cooperation Council (GCC) anchored their economies in oil. But with volatile prices and the global pivot to renewable energy, strategic mining has emerged as the next frontier.

In this shift, Saudi Arabia and the UAE have seized the initiative by deploying sovereign wealth funds to secure physical assets, acquire stakes in critical mining ventures, and launch joint projects across Africa and Latin America. Their approach fuses economic leverage with political influence, in pursuit of a new kind of hegemony.

As global demand for strategic minerals like lithium, copper, and rare earth elements soars, these resources have become battlegrounds in an unfolding geo-economic contest. Central to everything from clean energy and electronics to defense systems, they underpin the battery and electric vehicle industries.

In GCC capitals, lithium is now seen as “white gold.” With the electric vehicle market forecast to grow from $3.5 billion in 2023 to $9 billion by 2028, and lithium demand expected to rise fortyfold by 2040, Persian Gulf states are positioning their mineral push as a lever of industrial and political clout.

Saudi Arabia: Buying influence, not just assets

Riyadh treats investment in critical minerals as a geopolitical tool, deploying capital to embed itself in global supply chains. Its model of soft, liberal economic dominance hinges on minority stakes in major firms – long-term influence without operational burden or military footprint.

The creation of the Saudi Gold Refinery Company in 2008 laid the foundation for a national mining base. Today, it aspires to become the second-largest mining company in the kingdom, managing over 150 sites and holding 25 exploration licenses for gold and silver.

With three mines internationally in Morocco, Uzbekistan, and “Kurdistan,” its expansion blueprint targets Egypt, Sudan, Ethiopia, Mauritania, Eritrea, Pakistan, and Kazakhstan by the end of 2025.

Abroad, the country’s sovereign wealth fund, the Public Investment Fund (PIF) and its subsidiaries – Ma’aden and Manara Minerals – act as Riyadh’s vanguard. Africa, with its estimated 30 percent share of global mineral reserves, is central to the strategy.

Saudi Arabia is developing lithium and nickel projects in Nigeria, and has signed agreements with the Congo to explore cobalt, nickel, and lithium in Manono. In Ghana, it is targeting lithium, manganese, cobalt, and gold, which account for nine percent of the country’s GDP, as well as bauxite, the primary source of aluminum.

Riyadh has used diplomatic and investment summits to lock in influence. The Saudi-Arab-African Economic Conference in November 2023 yielded over $500 million in deals across mining and renewables, while boosting Manara’s plans for a global trading arm.

At the Future Minerals Forum (FMF) in Riyadh in January 2024, senior officials mapped the future of mining across Africa, West Asia, and Central Asia. At South Africa’s Mining Indaba in February 2024, a strong GCC presence illustrated Saudi ambitions on the continent.

In Pakistan, Saudi strategy is clearly seen in the Reko Diq copper and gold project, where Riyadh is investing $1 billion in a minority stake in a massive $7-billion project with a production capacity that spans decades. These investments reflect a recurring Saudi pattern based on entering long-term partnerships that ensure influence without bearing direct operational risks.

In Latin America, Saudi investments in Brazil and Chile stand out as examples of penetrating major global markets. Owning 10 percent of the Brazilian company Vale, one of the global mining giants, gives the kingdom a foothold in the nickel, copper, and cobalt industries, while the Maricunga project in Chile to stimulate lithium production in partnership with the national Codelco Corporation constitutes a strategic window into the world’s second-largest producer of this vital mineral.

UAE: Swift takeovers and sovereign assertiveness

Ever keen to punch above its weight in comparison to its larger and wealthier neighbor, Abu Dhabi pursues a sharper strategy: majority control. With vast capital reserves and little patience, the UAE has opted for full-throttle acquisitions that deliver operational power – eschewing slow-burn partnerships for quick, decisive entries.

In contrast to the Saudi approach, the competing Gulf state, the UAE, employs its massive sovereign capital for rapid influence through acquiring majority stakes that grant it direct operational control, within a soft strategy for economic hegemony without military force or traditional political influence.

In Madagascar, economic cooperation goes beyond the traditional financial dimension, as the government signed an agreement with UAE-based Global South Utilities to build a 50-megawatt (MW) solar power plant and a 25-MW energy storage tank in the city of Moramanga, with a plan to expand capacity to 250 MW in the future.

The project was accompanied by the launch of a joint business forum in Dubai in June 2025 to enhance Emirati investments in energy, agriculture, mining, and tourism, in addition to a project to refine and export gold according to global standards, with enhanced diplomatic exchange and the opening of a Madagascar embassy in Abu Dhabi and increasing Emirates flights to the capital, Antananarivo.

In Zambia, the UAE strategy in the mining sector is clear, where International Resources Holding (IRH), the investment arm of International Holding Company (IHC), acquired 51 percent of the Mopani mine for $1.1 billion in December 2023, despite earlier expectations that the deal would go to a Chinese company.

Just a week later, IRH made an offer to acquire a majority stake in the Lubambe mine. IRH was established in 2022, while IHC started as a fish farming company in 2008 before becoming one of the largest listed companies in West Asia, reflecting the UAE’s ability to use sovereign capital to impose rapid influence in strategic sectors without needing long-term operational experience.

In the Congo, IRH is working to expand its presence in the tin sector through negotiations with Dinam Capital, which owns 57 percent of Alphamin Resources, operator of the Bisie complex, one of the largest and highest-quality tin mines in the world – a strategic metal for modern technological industries.

Abu Dhabi’s investment extensions include Latin America, where a memorandum of understanding (MoU) was signed with Argentina in February 2025 to develop joint projects in the mineral sector, aiming to build a more diverse and flexible global supply chain.

Riyadh vs. Abu Dhabi: A resource rivalry takes shape

The geopolitical rivalry between Saudi Arabia and the UAE has long shaped regional power dynamics. That contest has now spilled into the global mining sector, where competition over strategic minerals is no longer tacit but overt and escalating.

At the center lies Alphamin in the Congo. The UAE, through IRH and under the watch of Tahnoun bin Zayed Al-Nahyan – brother of the Emirati President Mohamed bin Zayed (MbZ) –seeks control. Saudi Arabia counters via Manara Minerals, a Ma’aden–PIF venture under Crown Prince Mohammed bin Salman (MbS).

Their playbooks differ: Saudi Arabia takes minority positions, like its 9.9 percent stake in a US exploration firm and 10 percent in Vale, to secure long-term supply lines without operational exposure. Riyadh aims to invest $15 billion globally in critical minerals to anchor its Vision 2030 ambitions.

The UAE prefers majority takeovers. IRH’s acquisition of Mopani Copper Mines in Zambia is emblematic. Other moves include a $1.9-billion deal with the Congo to develop four mines and a $1.4-billion lithium processing plant in Abu Dhabi – the first of its kind in West Asia.

The Horn of Africa encapsulates this rivalry. Eritrea’s rich deposits – copper, gold, iron ore, nickel, silica, marble, granite – make it a strategic prize. Riyadh eyes the Assab port to secure vital resources and shipping lanes. Abu Dhabi backs Ethiopia’s push for port access. Amid the bold assertiveness of the Ansarallah-led government in Yemen’s naval operations, the Red Sea has become a theater of resource confrontation.

Rare earths now sit at the center of global power struggles. Persian Gulf control over these assets is no longer just economic, as it drives industrial priorities and influences foreign policy.

As Riyadh and Abu Dhabi compete for leverage across multiple spheres, and as Beijing and Washington position themselves around these rivalries, a new phase of resource conflict is taking shape. Minerals are the front lines of the post-oil order. 

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Via https://thecradle.co/articles/the-persian-gulf-push-into-strategic-minerals-a-plan-for-post-oil-dominance