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Iranian bombers came within ‘two minutes’ of striking largest US base in Middle East before Qatari Air Force shot aircraft down: report
The SU-24 planes from Iran’s Revolutionary Guard had targeted al-Udeid Air Base Monday – which is home to around 10,000 US service personnel – until they were intercepted by a Qatari F-15 jet and the military’s warplanes
DHS shutdown may delay US terror response amid Iran conflict, expert warns
The partial government shutdown of the Department of Homeland Security could impact how the federal government is able to address potential terror threats in the U.S., a public safety expert said, warning that the escalating conflict with Iran could encourage those wishing to harm Americans.Jeffrey Halstead, a retired police chief in Fort Worth, Texas, and a former commander for Homeland Security for Phoenix police, told Fox News Digital that U.S. military actions could “escalate the mindset of some of these outlying or outlier terrorist entities” wanting to take action. “We’ve seen historically that any time there is a conflict, especially in the Middle East with escalating tensions, military action and now a declaration of war, there is a significant impact on the ability for us to work collectively to share intelligence and gather information in a timely manner from our federal partners,” Halstead said. “With the current Department of Homeland Security shutdown, if something were to occur here in the United States, there could be some significant delays because FEMA and other very, very critical divisions of the federal government are basically shut down.”He specifically pointed out the terrorist attack in Austin, Texas, over the weekend, which left 2 people dead and 14 injured. The suspect, Ndiaga Diagne, a 53-year-old naturalized citizen born in Senegal, was also killed.DHS SHUTDOWN LEAVES LOCAL EMERGENCY RESPONDERS ON THEIR OWN AMID EXTREME WEATHER, EXPERT WARNSAuthorities said they are investigating the shooting, which took place at a bar at about 2 a.m. on Sunday, as a “potential nexus to terrorism” as Diagne appeared to wear a “Property of Allah” sweatshirt and an undershirt depicting the Iranian flag. A Quran was also later recovered from his vehicle, and an Iranian flag and images of regime leaders were found at his home.That attack comes after U.S.-Israeli joint military strikes, which began against Iran on Saturday morning, killed the Islamic Republic’s Supreme Leader Ali Khamenei and other leaders, triggering a wider conflict in the Middle East.Halstead, who is also the director of strategic accounts at Genasys, a communications hardware and software provider that helps communities during emergencies, warned that events in the U.S. later this year, such as World Cup soccer matches and America’s 250th anniversary, could make the U.S. an “escalated target” if the conflict in the Middle East remains active.CONCERNS RISE OVER DHS SHUTDOWN IN SHADOW OF IRAN STRIKES: ‘NOW WOULD BE A GOOD TIME’ TO END ITHe also said anytime there is a government shutdown, there seems to be a “pretty significant distraction, both politically and administratively, in every facet of our federal government and the manner in which the government operates.””Sometimes there is reduced staffing in some of these critical agencies, and some of the agencies aren’t being funded at all,” he said. “This will delay and possibly impede some of that critical intelligence, which could be terroristic threat level intelligence, that needs to be in the hands of local police, so that the beat officers, the patrol officers, as well as all the supervisors, understand the latest and greatest threats, including high-profile targets that could be on the radar of some of these active cells in the United States.”He added that the government shutdown has an impact on the ability to “get that intelligence as fast as possible into the hands of those that need it” and that delays could be “very, very catastrophic” if the information is ignored or not sent.Halstead noted that he has not seen any evidence that the shooting in Austin is directly tied to the government shutdown.”However, when there are military actions overseas, especially in a lot of these high-profile terrorist organizations or terrorist hosting countries, it elevates the mindset for other people to take actions against American citizens and institutions in America,” he explained. “That could be schools and religious sites, and it could be the way that we live our lives with freedom.””When these incidents overseas happen that are terror-related, it does instill in the mindset of some of these lone wolf-style actors to take action,” he continued. “And if you look at [the case in Austin], that is exactly what the FBI has profiled to date, that this was a lone wolf probably acting upon the military action that was taken against Iran, and then wearing a shirt, ‘Property of Allah,’ that speaks to his either religious belief and/or possibility of some terroristic ties.”DHS SHUTDOWN LOOMS OVER MAR-A-LAGO SHOOTING AS UNPAID SECRET SERVICE AGENTS NEUTRALIZE ARMED SUSPECTIn a statement to Fox News Digital, Department of Homeland Security Secretary Kristi Noem said: “I am in direct coordination with our federal intelligence and law enforcement partners as we continue to closely monitor and thwart any potential threats to the homeland.”DHS, President Donald Trump and Republican lawmakers on Capitol Hill continue to place blame on Democrats for the shutdown. After the conflict with Iran began over the weekend, Democratic lawmakers remain unmoved, including those who voted to end the government shutdown in November.Sen. Tim Kaine, D-Va., argued that DHS still has plenty of money left from Trump’s spending bill signed last year and that Democrats are not going to suddenly abandon their demands for reform. Sen. Angus King, I-Maine, told The Hill that he sees no correlation between the funding negotiations and the ongoing war in Iran.”I don’t think there’s any relationship between FEMA and Iran — or the Coast Guard, for that matter,” King said.Republicans contend that the conflict makes DHS funding even more necessary, with House Majority Leader Steve Scalise, R-La., writing on X: “Following the successful strikes on Iran and the FBI’s warning of elevated threats here at home, it is dangerous for Democrats in Washington to keep the Department of Homeland Security shut down.”Halstead said the funding fight “looks like all the other shutdowns that we’ve seen,” adding that it “becomes one side against the other, and then they will make some strong allegations and statements and then publicly the other side will make retaliation.””This is probably some of the worst infighting I think I’ve seen in almost 40 years,” he said.
How Likely Is It That Pakistan Joins The Third Gulf War In Support Of Its Saudi Ally?
How Likely Is It That Pakistan Joins The Third Gulf War In Support Of Its Saudi Ally?
Authored by Andrew Korybko via Substack,
Pakistan could set into motion a sequence of events that restores its role as the US’ top regional ally, returns US troops to Afghanistan’s Bagram Airbase if they later team up against the Taliban, and therefore build a new regional order at the geostrategic crossroads of South and Central Asia.
Saudi Arabia has been attacked multiple times by Iran on the pretext that the US military infrastructure on its territory has been used to some extent in the US campaign against Iran, which led to what can be described as the Third Gulf War, in spite of the Saudi-Pakistani Mutual Defense Pact from last September. Iran clearly wasn’t deterred, but Pakistani Foreign Minister Ishaq Dar still reminded Iran about it in what seems to either be another attempt to deter an escalation or intimate impending involvement in the war.
In his words, “We have a defence pact with Saudi Arabia. I conveyed to the Iranian side about our defence pact, to which he asked me to ensure that KSA’s land was not used. Then I had shuttle communication, as a result of which, as you can compare, the least attacks from Iran are to Saudi Arabia and Oman.” Objectively speaking, it reflects poorly on Pakistan that Iran ignored Dar’s reminder and still attacked Saudi Arabia, hence why he coped that “the least attacks from Iran are to Saudi Arabia”.
Mutual defense pacts are supposed to deter attacks, not simply reduce the number and intensity thereof, which in any case didn’t even happen like Dar claimed since Iran continues to attack Saudi Arabia with gusto. Saudi Arabia and Pakistan are now thrown into the dilemma of either activating their mutual defense pact to significantly escalate the conflict through their joint involvement therein, likely coordinated with their shared US ally if that happens, or tacitly admit that it’s militarily impotent.
The crushing reputational costs of failing to activate their previously hyped-up mutual defense pact place additional pressure upon their policymakers to do so, even if the decision is delayed till after the US and Israel destroy more of Iran’s air defenses and missile launchers to reduce the risks to them. Saudi Arabia hosts US bases and its economy is extremely vulnerable to large-scale disruptions from low-cost drone strikes alone, while Pakistan is a “Major Non-NATO Ally” with very close ties to Trump 2.0.
The aforesaid factors greatly raise the chances of them activating their mutual defense pact. In that case, Saudi Arabia might also lead some of the smaller Gulf Kingdoms that have also been attacked by Iran into battle against it as part of an even larger US-coordinated escalation, which could occur in parallel with Pakistani strikes and/or even limited ground ops on the anti-terrorist pretext of targeting Baloch separatists. Pakistan has three reasons to do this apart from the earlier-mentioned reputational one.
In brief, it wants to restore its role as the US’ top regional partner after India replaced it following the Indo-US trade deal, to which end doing the US a favor in Iran could also be the cover for destroying rival India’s port in Chabahar while improving the odds of them teaming up against the Taliban. Pakistan is actively destroying their leftover US stockpiles, which could facilitate Trump’s desired return of US troops to Bagram Airbase, thus possibly replacing Indian influence in Afghanistan with American and Pakistani.
Therefore, by activating its mutual defense pact with Saudi Arabia after Iran’s attacks against its ally, Pakistan can set into motion a sequence of events for building a new regional order with the US at the geostrategic crossroads of South and Central Asia. This outcome could also see them aid their shared Turkish ally’s challenge to Russia in the latter region along its vulnerable southern periphery. These calculations are compelling enough that Pakistan’s involvement in the Third Gulf War can’t be ruled out.
Tyler Durden
Thu, 03/05/2026 – 03:30
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3 Metrics the Pros Use To Find Undervalued Stocks
For most investors, a well-diversified portfolio of funds will do the trick. But if you want to try to identify winners like the pros on Wall Street, there are steps you can take.
Professional investors look at several metrics to determine if a stock is undervalued (though keep in mind that metrics alone don’t always tell the whole story). Here are three metrics you can assess.
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1. Price-to-earnings ratio
The price-to-earnings ratio, or P/E ratio, shows a company’s stock price relative to its earnings per share. Undervalued stocks typically have a low price relative to how much money the company is earning.
The ratio calculated by dividing the stock price by the earnings per share. For instance, a stock worth $100 that has an annual $5 earnings per share has a 20 P/E ratio. A 20 P/E ratio doesn’t tell you much, but combining it with additional context will reveal if a 20 P/E ratio is excessive or a bargain.
Investors can compare a stock’s P/E ratio with its historical valuation to determine if it’s a good buy. A stock trading at a 20 P/E ratio may be a good buying opportunity if it has historically maintained a 25 P/E ratio, since it’s now considered cheaper. You can also look at the P/E ratios of competitors. For instance, if one bank has a 10 P/E ratio and another bank has a 15 P/E ratio, the bank with the 10 P/E ratio looks more undervalued, assuming both banks are growing at the same rate.
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2. Debt-to-equity ratio
A stock’s debt-to-equity ratio is a signal of a company’s financial health because it shows how much a company relies on debt. A high ratio could show that a company relies heavily on borrowed money, and tends to indicate risk. The debt-to-equity ratio is calculated by dividing total liabilities by total shareholders’ equity.
A good debt-to-equity ratio depends on the industry, but many consider a solid ratio to be below 1.50.
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3. Return on equity
Return on equity measures how effectively a company can turn shareholder capital into revenue growth. A high return on equity is a good sign and indicates that a company knows how to generate a positive return on investment (ROI) from the money it receives from investors.
Return on equity is calculated by dividing a company’s net income by the average shareholders’ equity. A good return on equity depends on the industry, and it’s smart to compare multiple companies’ ROEs.
A high return on equity can be a telltale sign of a good management team, and all of those extra returns can be reinvested into the business. These reinvestments can compound profits and translate into higher returns.
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US will ‘bitterly regret’ sinking Iranian warship, foreign minister warns
The US will “bitterly regret the precedent it has set” after an American submarine sank an Iranian warship, Iran’s foreign minister Abbas Araqchi warned Thursday.