Local newspapers can’t even read the room, a Kenyan has shuttered what humans thought impossible and they don’t have it as a cover story lol. 🚮

Kenya has addressed 19 of the 21 action items set by the Financial Action Task Force, with six cleared in the past two and a half months, Financial Reporting Centre Director-General Naphtaly Rono told the National Assembly Committee on Delegated Legislation. Rono said the country expects to exit the grey list by April 2027, after being placed on it in February 2024 over gaps in its anti-money laundering and counter-terrorism financing framework. The FRC also said regulations on proliferation financing will be presented to Parliament next week, and that recent amendments raised the bank cash withdrawal threshold to $15,000, about KSh1.8 million.

NASCAR needs to spread its wings internationally. Nairobi would be a good spot for it in Africa. The country music fans are already in place.

Africa, we’re back. 🌍 From the early 2030s, the African Grand Prix will join the calendar and take place in Bugesera, Rwanda 🇷🇼 #F1

Anthropic admits Houthis used Claude AI instead of weapons engineers to make rockets and ballistic missiles that correct themselves after missing targets trib.al/K0xxryJ

BREAKING 🚨: Housing Market Home Sellers now outnumber Home Buyers by the largest margin ever recorded 🤯 👀

BREAKING: Federal agents raid Democratic Rep. Ilhan Omar's Washington, D.C., home early Monday morning, executing a search warrant around 6 a.m. The Justice Department confirms the warrant is part of an ongoing federal criminal investigation, but officials have not publicly identified the target or disclosed the nature of the probe. The search comes weeks after border czar Tom Homan confirmed an investigation involving the Minnesota congresswoman. READ MORE: What Fox News is learning about the investigation: foxnews.com/politics/ilhan-o…

THE LARGEST BANKS IN THE US HAVE ENTERED THE CORRECTION TERRITORY. JP Morgan: -11% Bank of America: -19% Citigroup: -15% Wells Fargo: -18.5% Goldman Sachs: -24% Morgan Stanley: -19% US Bancorp: -15% Capital One: -25% PNC Financial: -16% BNY Mellon: -14% Even the KBW Nasdaq Bank Index, which tracks the 24 publicly traded U.S. banking stocks, is now down 14% from its August peak. What's even more interesting is that during the 2000, 2008, and 2020 market crashes, the KBW Nasdaq Bank Index peaked 4-8 months before the S&P 500 did. This means if the Bank Index continues to drop even with the S&P 500 hitting new highs, it could be a major warning sign for the US stock market.

CHART OF THE DAY: The cost of hiring a supertanker to ship oil from the Persian Gulf to the Far East has climbed further, reaching ~$1.3 million per day. (It was less than $50,000 a day before the war started; and ~$1.1 million when I first published the chart in September)