South Korea’s consumer price growth topped 3% in May for the first time in 26 months as a prolonged Middle East war drove up global oil prices.
THE NEWS
Nvidia CEO urges SK hynix to make more HBM chips
Nvidia CEO Jensen Huang visited the SK hynix booth at Computex 2026 in Taipei, meeting SK Group Chairman Chey Tae-won for a second straight day.
South Korean small businesses seek labor consulting
South Korean small business owners called for more practical labor consulting and measures to ease payroll burdens during a government meeting.
US Central Command Disables Oil Tanker with Hellfire Missile (VIDEO)
US Central Command on Tuesday posted unclassified footage of the US military disabling an oil tanker with a Hellfire missile.
This is the sixth vessel that the US military has disabled as part of the naval blockade in Iran.
The Botswana-flagged tanker was sailing toward an Iranian port before the US military intervened.
Statement from CENTCOM:
U.S. forces disabled an unladen oil tanker that was attempting to sail toward an Iranian port on the Arabian Gulf, June 2.
U.S. Central Command (CENTCOM) enforced blockade measures against Botswana-flagged M/T Lexie as it transited international waters toward Kharg Island. The ship’s crew ignored repeated warnings, failing to comply with directions from U.S. forces multiple times over a 24-hour period.
A U.S. aircraft ultimately disabled the vessel by firing a Hellfire missile into the ship’s engine room, preventing the tanker from reaching Iran.
CENTCOM began implementing the blockade of all maritime traffic entering and exiting Iranian ports on April 13. U.S. forces have disabled six commercial vessels and redirected 122 as the ceasefire with Iran continues.
WATCH:
President Trump early Tuesday morning said the US is still negotiating with Iran:
“Fake News Reports that the Islamic Republic of Iran, and the U.S.A., stopped speaking a few days ago are false and erroneous.
The conversations between us have been going on continuously, including four days ago, three days ago, two days ago, one day ago, and today. Where they lead, one never knows, but as I told Iran, “It’s time, one way or another, for you to make a Deal.
You’ve been doing this for 47 years, and it cannot be allowed to go on any longer!” President DONALD J. TRUMP” Trump said on Tuesday.
The post US Central Command Disables Oil Tanker with Hellfire Missile (VIDEO) appeared first on The Gateway Pundit.
Naver Cloud, Nvidia form AI factory alliance
Naver Cloud is moving to expand its presence in the global artificial intelligence infrastructure market through a deeper partnership with Nvidia.
U.S. crude exports hit record as Asia, Europe demand jumps
U.S. crude exports hit a record 5.6 million barrels per day in May as Asian and European refiners sought alternatives to Middle East supplies.
Hyundai labor ruling nears as auto industry braces
A final labor authority decision on whether Hyundai Motor must bargain with a subcontractor union is expected soon, in a case drawing close attention.
Anti-weaponization fund is ‘dead,’ acting U.S. attorney general says
Acting U.S. Attorney General Todd Blanche said Tuesday that the Department of Justice will not operate a $1.8 billion “anti-weaponization” fund.
Dems Have A Voter Problem. Gerrymandering Was Never Going To Fix It
Dems Have A Voter Problem. Gerrymandering Was Never Going To Fix It
Authored by Ryan Young via RealClearPolitics,
In November 2024, 47% of Virginia voters cast ballots for Republican congressional candidates. Under the map Virginia Democrats tried to push through, those voters would have ended up with exactly one Republican district out of 11. Going from a 6-5 to a 10-1 split was what Democrats called “restoring fairness.”
To get it done, Democrats bypassed a bipartisan redistricting commission that Virginia voters had specifically created in 2020 to end partisan map-drawing. They drafted the new map behind closed doors. They passed a constitutional amendment on Oct. 31, 2025, even though early voting for the general election had been underway since Sept. 19 – violating the state constitution’s requirement that an intervening election occur between the two legislative votes. They missed the requirement that amendments be posted publicly 90 days before a vote. And they put a ballot question before voters asking whether they wanted to “restore fairness” – language a circuit court judge called “flagrantly misleading.”
Every step of this process required ignoring a rule or deceiving a voter.
That is not a party making a policy argument. That is a party that has decided winning at any cost is more important than following the rules.
When the Virginia Supreme Court ruled 4-3 that the effort was unconstitutional, Democrats did not stop and reflect. Instead, they doubled down. Rather than accept the Virginia Supreme Court’s decision, House Speaker Don Scott and Attorney General Jay Jones filed an emergency appeal to the U.S. Supreme Court, riddled with spelling errors and mistakes. U.S. House Minority Leader Hakeem Jeffries called the ruling “unprecedented and undemocratic.” U.S. Rep. Suzan DelBene, chair of the Democratic Congressional Campaign Committee, said four unelected judges had “cast aside the will of the voters.” Most revealingly, the New York Times reported that, on a call with Jeffries, Virginia Democratic members of Congress discussed lowering the mandatory retirement age for Virginia Supreme Court justices from 73 to 54 – the exact age of the youngest justice in the majority. This would force the entire court to retire and create an opportunity to replace them with justices who would reinstate the map. Today’s Democratic politicians are showing their true colors: These are radicals in moderates’ clothing. Republicans should respond accordingly.
Republicans should not mistake what happened in Virginia for a one-off procedural accident. Democrats’ willingness to bypass a voter-approved bipartisan commission, ignore constitutional rules, mislead voters on the ballot, and then float court-packing to overcome their illegality is a window into how the modern Democratic Party operates.
But Democrats’ bizarre map was never going to solve their underlying problem.
People are voting with their feet by moving to well-run red states. The 2030 census is projected to shift eight to 10 electoral votes from blue states to red ones – a 16- to 20-point shift that will dramatically tighten the path to the White House for a Democrat candidate.
If Democrats want to compete in the years ahead, they will need to move to the middle to meet voters where they are. Instead of seeking to rig the game, Democrats should persuade voters on the issues the voters actually care about. They should support mainstream, commonsense ideas that they have too long resisted. School choice polls at roughly 74% nationally. Voter ID polls at 84%. Cracking down on welfare fraud polls at 71%, including 62% of Democrats. These are easy wins just waiting for politicians of both parties. It doesn’t take a political genius to realize that Democrats should stop their sprint to the left and side with the majority of voters instead.
Virginia’s brief attempt at gerrymandering was a disgrace and a national embarrassment. Democrats’ unhinged reaction to its defeat was even worse. But the aftermath should be a moment of reflection and readjustment for both parties. Voters are looking for leaders who listen to their concerns, make government work for them, and improve their lives. Democrats should seek to win, fair and square, by pursuing commonsense policies the people want. This is how our system is supposed to work. Otherwise, Democrats – and voters – will continue to see red.
Ryan Young is the Legal Fellow at the Foundation for Government Accountability.
Tyler Durden
Tue, 06/02/2026 – 18:25
Here’s the team that could pull off a surprise win in this weekend’s Monaco Grand Prix
Formula 1 is headed to Monaco this weekend for its crown jewel race, the Monaco Grand Prix, and while the season has been dominated by Mercedes.However, this race might present a golden opportunity for their closest competitors: Ferrari.The Silver Arrows have won every race — Grand Prix or Sprint — with the lone exception of the Sprint race in Miami, which was won by McLaren’s Lando Norris.That has put a significant gap in the standings between them and Ferrari; however, Monaco presents an opportunity for the Scuderia to break up Mercedes and championship leader Kimi Antonelli’s run of dominance.That’s because Ferrari’s car and power unit are expected to be well suited for the notoriously tight and twisty Monaco circuit.All season long, Ferrari’s strength has been under acceleration. This has been most clear on race starts. Go back and look at just about any start this season and the Ferraris look like they’ve been shot out of a cannon while the Mercedes and others often look pretty sluggish.With as many slow corners as Monaco — with some like the hotel hairpin and La Rascasse being among the slowest on the entire calendar — getting through them and accelerating out of them is a big deal. You can’t rely on straight-line speed like you can on other circuits, and Ferrari, they’ll be cool with that as it’s not their biggest strength.F1 DRIVER HAS A HILARIOUS REASON HE KNEW REPORTS ABOUT A TEAM FEUD WERE TOTALLY WRONGFinding time in these slow corners on Saturday in qualifying could mean a start from pole, and in Monaco, that really gives you an edge on a circuit where overtaking is nearly impossible.ZERO BS. JUST DAKICH. TAKE THE DON’T @ ME PODCAST ON THE ROAD. DOWNLOAD NOW!Even reigning champ Lando Norris expects to see the Prancing Horses start up front.”Honestly, I think that Ferrari will be on pole next weekend in Monaco,” Norris said, per Motorsport. “Their low-speed performance is far better than everyone else.”Now, a million things could go wrong, even if either Ferrari driver, Charles Leclerc or Lewis Hamilton, starts up front. Weather could be a factor; they could clip a wall; they could run into a technical issue.But the key to winning at Monaco these days is starting with the best track position possible, and Ferrari is looking at its best chance to do that so far this season.