The New World Order

Energy Infrastructure and Trade Route Disruption Every day, we add links to our News Trends & Stories Aggregator. Catherine uses this database of top stories and events to prepare her weekly Money & Markets discussions with John Titus. On occasion, we decide to take a deeper look at important patterns. The ongoing sabotage or destruction of oil and gas production and refining and transportation facilities worldwide is one such pattern. Rising costs or renegotiated agreements relating to trade channels and bottlenecks are closely related. We expect these events to have a dramatic impact on trade relations and the global economy. We just asked one of our best researchers to make and fact-check a chronology of these events so far this year (see Timeline and Key Statistics/Notes below). We welcome comments and additions from subscribers—you can post in the comments section. Full Report: solari.com/energy-infrastruc… Subscribe to shop.solari.com

For five years, Iran built an alternative financial architecture on the explicit theory that cryptocurrency would be sanctions-resistant. Bitcoin mining was legalized in 2019. Subsidized power was redirected to industrial farms. Mined coins were sold to the Central Bank of Iran for hard currency. The IRGC moved over three billion dollars through digital assets in 2025 alone. By year end the Iranian crypto ecosystem had reached seven point eight billion dollars per Chainalysis, with the central bank holding at least five hundred seven million in USDT reserves per Elliptic. The architecture was the bet. The bet was that the dollar could not follow Iran onto the chain. On April 23, 2026, the United States Treasury froze three hundred forty-four million dollars of that architecture with one smart-contract call. Tether executed the freeze on receipt of intelligence from US law enforcement. Two Tron wallets, beginning TNiq9AXBp9 and TTiDLWE6fZ, were blacklisted at the smart-contract level. The first held two hundred thirteen million. The second held one hundred thirty-one million. The funds had accumulated approximately three hundred seventy million across nearly one thousand transactions since March 2021. Less than seven percent ever flowed out. The wallets had been dormant since late 2023. This was not operational money. This was a sovereign war chest stored on the chain because the IRGC assumed nobody could touch it. Treasury touched it on Thursday. Treasury Secretary Bessent named the campaign Economic Fury and stated the doctrine in plain English. “Treasury will continue to systematically degrade Tehran’s ability to generate, move, and repatriate funds. We will follow the money that Tehran is desperately attempting to move outside of the country and target all financial lifelines tied to the regime.” The five-year theory collapsed in one paragraph. The IRGC built crypto rails to escape the dollar. The dollar followed onto the rails, identified the wallets through TRM Labs and Chainalysis behavioral clustering, instructed Tether to freeze them, and demonstrated that the seven-point-eight-billion-dollar parallel economy is permissioned at the issuer layer. Tehran now knows what every Russian, North Korean, and Venezuelan sanctions desk is reading: USDT is a US Treasury asset that sanctioned actors cannot store value in. The timing reframes the entire conflict. Tehran’s negotiating posture for forty-eight days assumed crypto reserves provided sanctions cushion. That cushion is now provably three hundred forty-four million dollars smaller. The Pentagon is photographing three carrier strike groups. Treasury is photographing the Tron blockchain. Both are publishing the order of battle. The market is reading this as tactical sanctions enforcement. That reading is incomplete. CNN noted yesterday it had not independently corroborated the Iran attribution, and Bitcoin maximalists are noting that three hundred forty-four million is under five percent of the seven-point-eight-billion-dollar ecosystem. Both points concede the floor of the argument. Stablecoins are now Treasury extensions with smart-contract APIs. The GENIUS Act, signed July 2025 and operationalized through April rules, codified it. The freeze made it visible. Three readings of this week. A successful sanctions enforcement against the Iranian regime. Priced. A diplomatic pressure tactic ahead of fragile ceasefire talks. Narrow. The first publicly verifiable demonstration that Iran’s five-year sanctions-evasion architecture is permissioned end to end, that the dollar followed the IRGC onto the chain, and that every sanctioned sovereign on earth must reprice its crypto reserves before the next Economic Fury Friday. The market is pricing the first. Tehran is repricing the third. open.substack.com/pub/shanak…

🚨EXCLUSIVE: If you have a dog and your vet has recommended the Nobivac NXT canine flu vaccine, read this before your next appointment. Over 1,000 pages of adverse event reports were obtained from the USDA through a FOIA request. They cover Nobivac NXT H3N2, the first self-amplifying RNA vaccine widely used on pets in the United States. The data covers September 2024 through July 2025 and documents 296 cases listing the vaccine as a suspect product, including deaths, neurological events, anaphylaxis, collapse, and injection-site masses. A 4-year-old golden retriever went into cardiac arrest and died ten minutes after receiving the shot. A 7-year-old Yorkshire Terrier collapsed seventy minutes after vaccination and could not be saved. Self-amplifying RNA works differently from traditional vaccines. The RNA replicates itself inside the body to produce a sustained immune response, and researchers as recently as April 2025 have written that the mechanisms involved are not fully understood and warrant further investigation. The USDA approved this vaccine in June 2024. Portions of the pre-approval safety trial data have been withheld as confidential commercial information provided by Merck. Read this entire column and share it with your friends. Full article by @smiddendorp22 linked below 👇 bit.ly/Dog_Vaccine_AE

🦔A researcher invented a fake eye condition called bixonimania, uploaded two obviously fraudulent papers about it to an academic server, and watched major AI systems present it as real medicine within weeks. The fake papers thanked Starfleet Academy, cited funding from the Professor Sideshow Bob Foundation and the University of Fellowship of the Ring, and stated mid-paper that the entire thing was made up. Google's Gemini told users it was caused by blue light. Perplexity cited its prevalence at one in 90,000 people. ChatGPT advised users whether their symptoms matched. The fake research was then cited in a peer-reviewed journal that only retracted it after Nature contacted the publisher. My Take The researcher made the papers as obviously fake as possible on purpose. The AI systems didn't catch it. Neither did the human researchers who cited it in real journals, which means people are feeding AI-generated references into their work without reading what they're actually citing. I've covered the FDA using AI for drug review, the NYC hospital CEO ready to replace radiologists, and ChatGPT Health launching this year. All of that is happening in the same environment where a condition funded by a Simpsons character and endorsed by the crew of the Enterprise was being presented as emerging medical consensus. The people making these deployment decisions seem to believe the pipeline from research to AI to patient is more supervised than it actually is. This experiment suggests it isn't supervised much at all. Hedgie🤗 nature.com/articles/d41586-0…

Acts of war unauthorized by Congress. The U.S. is attacking Iran according to AP. apnews.com/article/iran-us-e…