Author: DailyWestern

On Feb. 6, U.S. President Trump declared through yet another executive order that the United States would abide by a new “America First” arms export strategy. The goal of the strategy is to “ensure that future arms sales prioritize American interests by using foreign purchases and capital to build American production and capacity.” Importantly, the Trump administration established a prioritization rubric for judging whether an ally or partner is eligible for receiving U.S.-made weapons. It states that the “United States will prioritize arms sales and transfers to partners that have invested in their own self-defense and capabilities, have a critical…

Read More

Since March 2022, the Centre for Economic Strategy (CES) has been preparing monthly reviews of Ukraine’s economy during a full-scale war.  The special topic of the February review is: «How does attacks on the energy system affect business activity?». All previous reviews can be found under the link. In January and February, the situation in the energy sector deteriorated due to intense Russian attacks and harsh weather conditions, which affected all sectors of the economy. Despite this, inflation continues to slow down, although the NBU’s monetary policy has become more conservative. Imports play a key role in adaptation: in 2025, electric…

Read More

Serie A7:45 PMFebruary 16, 2026Regular Season – 25Unipol DomusReferee: Ermanno Feliciani, Italy Copy and paste this HTML code into your webpage to embed. Cagliari World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Lecce World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Match Stats Lineups Head-2-Head Standings Turn off spoiler to view match statistics1.01Expected goals (xG)1.35Passing346 (79%)Accurate passes217 (72%) Turn off spoiler to view match events 1 G Elia Caprile 5.6 3 D Riyad Idrissi 6.3 33 D Adam Obert 6.6 26 D Yerry Mina 6.9 32 D Zé Pedro 6.7 28 D…

Read More

The NBA never stays polite for long. One week, the standings look like a neat equation; the next week, they look like somebody erased the chalk. As of mid-February 2026, the 2025-26 race has unusual clarity: Oklahoma City is still winning like it remembers June, Detroit is leading the East without blinking, and San Antonio […] The post The NBA Title Race 2025/26: Who Has the Edge This Season? appeared first on TalkBasket.net.

Read More

Heavy snow is falling in higher elevations of California, as a storm dumps feet on the mountains, wreaking havoc on travel. Up to 4 feet of snow is possible for the southern California mountains through the week’s end. LOS ANGELES – A flood threat remains for millions across much of the California coast as another round of moisture pushes inland off the Pacific Ocean, after Monday’s storms shattered daily rain records. Meanwhile, heavy snow is spreading from the Northern California mountain ranges into the southern part of the Sierra, adding to California’s snowpack and eventually reaching the Rockies farther east,…

Read More

by AI | 29.Jan 2026 | Europe in brief AI Since 1976, the EIB has been providing financing and expertise for sound and sustainable investment in Portugal, totaling 61.07 billion euros. Nadia María CALVIÑO SANTAMARÍA (President of the EIB) Copyright: European Union Financing from the European Investment Bank (EIB) in Portugal increased to three billion euros in 2025, compared to 2.1 billion euros in 2024, the European Union (EU) financial institution announced today.As part of the annual results released today in Brussels, the EIB group reports that, regarding financing by country, Portugal received three billion euros (1% of GDP) from…

Read More

To prepare for teaching, I am reading a famous article in AI research: The Bitter Lesson, written by Richard Sutton in 2019. I wondered what would seem prescient and if anything would feel like Sutton had gotten it wrong. At the end, I’ll discuss economic implications. Sutton draws from decades of AI history to argue that researchers have learned a “bitter” truth. Researchers repeatedly assume that computers will make the next advance in intelligence by relying on specialized human expertise. Recent history shows that methods that scale with computation outperform those reliant on human expertise. For example, in computer chess,…

Read More

South Africa play the UAE at the T20 World Cup tomorrow. Read our in-depth preview here… South Africa’s impressive progress at the T20 World Cup has resulted in early qualification for the Super Eights and that could enable them to rest players for tomorrow’s final Group D clash with the United Arab Emirates. Aiden Markram’s men have won all three of their games so far and, although this crash-bang-wallop format makes it difficult to be constantly in control, they have looked like a team that could threaten tournament favourites India. Their progress to the next stage was confirmed yesterday when…

Read More

In a line of attack that Empire State Republicans have deployed over many election cycles, Nassau County Executive Bruce Blakeman has focused on New York’s tax climate as he mounts a campaign to unseat Gov. Kathy Hochul. The Long Island Republican said New York ranks No. 1 in the nation for highest individual tax burden. Given the state’s notorious tax reputation, we were curious if it indeed has the highest tax burden in the country. There are several ways to measure a tax burden, and different analyses result in different rankings. Some rankings include property and sales taxes. Some just…

Read More

September P/E ratio at 28. Figure 1: CAPE (blue), P/E ratio (light brown). NBER defined peak-to-trough recession dates shaded gray. Source: Shiller, NBER. SP500 price/forward earnings is 22 in January (according to Yardeni), just below the pre-2000 peak at 24. That being said, the real 10 year yield is about 1.8 ppts below the rate just before 2000. Figure 2: CAPE (blue, left scale), real 10 year Treasury yield, in % (red). Real rate calculated using SPF 10 year median (dark red +), Blue Chip and Livingston 10 year (red), and centered one year core inflation (light red). NBER defined…

Read More