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Guacamole, wings, pizza, chips, and beer dominate the typical Super Bowl menu, as the weekend becomes one of the world's highest food-consumption sporting events.

We have good news for consumers. First, as we reported earlier, PepsiCo announced it will slash prices by 15% on snack brands such as Lay's and Doritos.

The second piece of good news is on the avocado front. Prices in Mexico have plunged, down more than 19% from a year earlier as of the end of December.

Bloomberg reports a bumper Mexican harvest after heavy rainfall has driven record US imports ahead of the Super Bowl, pushing supplies higher while driving prices lower, a perfect mix for millennials in the K-shaped economy.

The US sources nearly 90% of its avocados from Mexico, mostly Hass, with current retail prices ranging from 70 cents to $1.50 each, well below Covid-era highs.

"That has never happened before," said Alvaro Luque, president and chief executive officer of Avocados from Mexico.

"Last year we had great rain, so the fruit not only was abundant, but the sizing of the fruit was very good," Luque added.

Demand has spiked from millennials and Gen Z, he said, as there is no real substitute for avocados: "If you want guacamole, there's only one option."

Authored by Steve Watson via Modernity.news,

Alex Soros, son of billionaire George Soros, has lavished praise on Spanish Prime Minister Pedro Sánchez for granting legal status to up to 500,000 illegal migrants, stating that Sánchez shows “what real leadership looks like” by confronting issues with policies that are “both principled and pragmatic.”

Soros added, “We need more elected leaders like him!” This endorsement comes amid widespread backlash against Sánchez’s open-borders agenda, which critics slam as a betrayal of Spanish citizens.

In a post on X, Alex Soros highlighted Sánchez’s approach, quoting the prime minister’s own words: “They care for aging parents, work in small and large companies, and harvest the food on our tables. On weekends, they walk in our parks and play on the local amateur soccer team….”

Soros praised the Prime Minister of Spain, Pedro Sánchez, for granting legal status to 500,000 illegal aliens, says "we need more elected leaders like him" pic.twitter.com/5wHXPTJUHL

— Daily Romania (@daily_romania) February 6, 2026

The amnesty, implemented via a royal decree bypassing parliament, targets undocumented migrants who arrived before the end of 2025 and can prove at least five months of residence in Spain. 

As The New York Times reported , the Socialist-led government describes it as essential for Spain’s economy, where migrant labor supports agriculture and tourism.

Yet, this move has ignited fury across Spain, with opponents decrying it as an incentive for further illegal entries from North Africa and Latin America. 

As we detailed in our earlier coverage, Spaniards face the prospect of integrating another half-million migrants amid rising tensions and massive resource strains.

The timing of Soros’s praise is telling, as Sánchez’s regime grapples with corruption scandals and probes into his inner circle. 

Facing a firestorm of criticism on X, where users label the amnesty “treasonous,” the far-left government has threatened to “limit and likely ban” the platform entirely.

Sánchez himself, in addition to his underlings, has indicated a desire to ban X.

?? Spain's far-left PM Pedro Sánchez claims social media has become a “toxic, unpunished universe.”

“Do we want a technology that amplifies deception? A society in which a techno-oligarch can get into the phones of millions of citizens to tell them lies?” Sánchez said.

His… pic.twitter.com/RZDkJUcLbh

— Visegrád 24 (@visegrad24) February 5, 2026

BREAKING: Spanish PM Pedro Sánchez is attacking Elon Musk for the crime of sharing news of his decision to legalize 500k illegals to win elections and change the face of Europe. He’s now calling for censorship of X to silence criticism of his policies. pic.twitter.com/0toFoav1vN

— Ian Miles Cheong (@ianmiles) February 3, 2026

?? Spain’s Second Deputy Prime Minister Yolanda Díaz is continuing the campaign launched by far-left PM Pedro Sánchez against ?, Musk, and Trump, saying:

“I have left ?. Those who stay there are feeding the politics of hatred. We are not vassals of Elon Musk or Trump, and I… pic.twitter.com/L65kgF24as

— Visegrád 24 (@visegrad24) February 6, 2026

This crackdown mirrors broader European efforts to stifle dissent, from French raids on X’s offices to EU fines under the Digital Services Act. Musk himself fired back at Sánchez, dubbing him “dirty Sanchez” in response to the censorship push.

Soros’s intervention underscores the globalist playbook: push mass migration to reshape demographics, then silence opposition through free speech restrictions. 

With Spain’s amnesty poised to exacerbate border chaos—echoing Angela Merkel’s 2015 disaster—Sánchez’s policies prioritize foreign arrivals over native Spaniards, fueling demands for accountability.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

HSBC is preparing to award little or no bonuses to some bankers as it adopts a tougher, performance-driven pay model similar to its US rivals, according to Bloomberg. Underperforming staff in investment banking and wealth management — including some managing directors — may be encouraged to leave after bonuses are paid in the coming weeks, according to people familiar with the matter. Final decisions have not yet been made.

The move reflects the strategy of CEO Georges Elhedery, who has pushed to align HSBC’s compensation practices with those of Wall Street firms. Since taking over in late 2024, he has led a major restructuring, shutting down much of the bank’s US and European deals and equity underwriting operations and merging commercial and investment banking. Several senior executives have exited as part of the overhaul.

According to Bloomberg, HSBC said it remains committed to rewarding employees competitively, with pay linked closely to performance.

The bank’s 2024 bonus pool remained flat at $3.8 billion, defying an industry trend toward higher payouts. Some staff, particularly in corporate and institutional banking, were warned to expect lower awards.

While Elhedery’s revamp is expected to deliver $3 billion in savings, it has raised costs in the short term. HSBC’s cost-to-income ratio rose to 49.9% in the first half of 2025, up from 43.7% a year earlier. Still, investors have responded positively, with shares nearly doubling since his appointment in September 2024, though gains trail rivals such as Barclays and Standard Chartered.

HSBC remains Europe’s largest bank by market value, at around £225 billion, ahead of Santander, UBS, and BNP Paribas.

Founded in Hong Kong in 1865, HSBC has strengthened its focus on Asia and the Middle East amid shifting geopolitical risks. The bank is also reviewing options for its Singapore insurance unit, following recent asset sales in Europe and North America, including insurance and banking businesses in the UK, Germany, and France.

Authored by Thomas Brooke via Remix News,

U.S President Donald Trump has endorsed Hungarian Prime Minister Viktor Orbán for re-election ahead of Hungary’s April 12 parliamentary election, praising him as “a truly strong and powerful leader” and saying he has his “complete and total” backing.

In the message posted Thursday on Trump’s Truth Social account, Trump credited Orbán with improving bilateral ties and framed him as a law-and-order nationalist leader. “Relations between Hungary and the United States have reached new heights of cooperation and spectacular achievement under my administration, thanks largely to Prime Minister Orbán,” Trump wrote.

“I was proud to endorse Viktor for re-election in 2022, and am honored to do so again,” he added.

Donald J. Trump Truth Social Post 12:51 PM EST 02.05.26

Highly Respected Prime Minister of Hungary, Viktor Orbán, is a truly strong and powerful Leader, with a proven track record of delivering phenomenal results. He fights tirelessly for, and loves, his Great Country and… pic.twitter.com/rnz1AIIuyW

— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) February 5, 2026

Praise between the two leaders stretches back years. In March 2024, after meeting Orbán at Trump’s Mar-a-Lago residence in Florida, the U.S. president claimed that, unlike much of Europe, “Hungary is a safe country because of [Orbán’s] strong immigration policies.”

“There’s nobody that’s better, smarter, or a better leader than Viktor Orbán,” Trump added during a presidential campaign rally later that year.

Orbán has repeatedly returned the favor, portraying Trump as the indispensable champion of peace and sovereignty. At CPAC Hungary in 2024, Orbán rallied conservatives around Trump as he backed him to return to the White House.

Orbán has previously cast Hungary as an outpost surrounded by what he describes as a hostile liberal mainstream in Brussels and Western Europe. “Hungary is a conservative island in the liberal European ocean,” Orbán said.

??? Keep your hands off our elections!

The report by @JudiciaryGOP exposes foreign actors attempting to influence Hungary’s vote, with money, services and political backing flowing in from abroad. Decisions about Hungary’s future belong to Hungarians alone. Foreign meddling will… pic.twitter.com/5cojib63Pw

— Orbán Viktor (@PM_ViktorOrban) February 5, 2026

With the election approaching, Orbán issued a stark warning to the European Commission not to interfere in what is expected to be his governing Fidesz party’s toughest vote yet. On Thursday, the Hungarian prime minister wrote on X, “Keep your hands off our elections! The report by the Republicans’ House Committee on the Judiciary exposes foreign actors attempting to influence Hungary’s vote, with money, services, and political backing flowing in from abroad. Decisions about Hungary’s future belong to Hungarians alone. Foreign meddling will not be tolerated.”

Orbán’s camp is drawing a line between open political endorsements and what it claims is covert institutional pressure by EU bodies and regulators. Republicans on the U.S. House Judiciary Committee have amplified that argument in recent days, alleging the European Commission has leaned on major social media platforms to shape what voters see online in the run-up to elections.

??The EU Censorship Files, Part II

For more than a year, the Committee has been warning that European censorship laws threaten U.S. free speech online.

Now, we have proof: Big Tech is censoring Americans’ speech in the U.S., including true information, to comply with Europe’s… pic.twitter.com/Fg0gxzoTxD

— House Judiciary GOP ???????????? (@JudiciaryGOP) February 3, 2026

In one post circulated alongside the committee’s work, the committee’s account wrote, “It turns out interfering with elections is standard fare for the European Commission. Ahead of at least EIGHT elections across six European countries since 2023, the Commission met with platforms to pressure them to censor political speech in the days before the vote.”

“Since the DSA came into force in 2023, the European Commission has pressured platforms to censor content ahead of national elections in Slovakia, the Netherlands, France, Moldova, Romania, and Ireland, in addition to the EU elections in June 2024,” a committee report published on Feb. 3 read.

“Nonpublic documents produced to the Committee pursuant to subpoena demonstrate how the European Commission regularly pressured platforms ahead of EU Member State national elections in order to disadvantage conservative or populist political parties,” it added.

EU officials rejected the broader accusation that Brussels interferes in member-state elections, describing such claims as unfounded, and insisting that it simply reminded platforms of the rules designed to reduce “disinformation” risks.

Read more here...

Roughly two and a half months after Goldman's head of Global Commodities Research, Samantha Dart, laid out a timeline for what she called the "largest ever" LNG supply wave to hit global markets, she published a new client note late this week reiterating that the "supply wave is still on track."

"2025 was year one of what we see as the largest ever global LNG supply wave, lasting seven years," Dart began the note, warning that "this wave is the main driver of a lengthy bearish cycle for European natural gas (TTF) and LNG (JKM), which we expect to bottom in 2028/29."

Dart forecasts that TTF and JKM will average below $5/mmBtu by the end of the decade, around 2028-29, compared with current TTF prices of around $41/mmBtu.

Here is Dart's update on the global LNG supply wave that is in year two, hitting markets:

We see realized 2025 and forecasted 2026 LNG supply largely in line with our previous expectations, despite the recent US disruptions and recent delays to liquefaction capacity starts. Specifically, 2025 global LNG supply averaged 431 mtpa, only marginally below our 433 mtpa expectation as of end-2024, as a large beat in the US (driven by larger-than-expected ramp up at Plaquemines) was ultimately offset by smaller misses across existing LNG producers. We see some of these misses, like for Algeria and Indonesia, as likely structural, owing partly to growing domestic energy demand, and we incorporate further supply losses (-1 mtpa in total initially, but building to -3 mtpa in 2028-2030[1]) in our forward balances.

Global LNG supply has started 2026 below our previous expectations driven by export capacity start delays in the US, Canada, Congo and Australia, though by 4Q26 we expect supply to largely catch up with our earlier numbers.

On net, we still expect 2025-to-2030 global LNG supply growth (+193 mtpa, 45% of 2025 global supply) to far exceed Asia demand growth (+144 mtpa), even taking into account our estimated demand response to low gas prices (>40 mtpa from China alone). We expect this oversupply to take European gas storage to congestion, particularly in 2028/29, leaving a temporary price-driven curtailment of US LNG exports as the likely solver of the imbalance in that period, in our view. We note that all but one of the supply projects in our balances through 2029 have already reached a Final Investment Decision (FID)[2].

The largest ever LNG supply wave is underway, and the early leadership is clear: U.S. capacity is ramping fastest and setting the tone for global balances.

Exhibit 18: The LNG supply wave has started.

Exhibit 12: Supply growth is being led by the U.S.

Exhibit 17: U.S. liquefaction start ups and ramp schedules, the core driver of incremental volumes.

Exhibit 3: Global LNG supply growth remains structurally above Asia demand growth, pushing the market toward a late decade pressure point. In 2028 to 2029, the implied balancing mechanism is supply curtailment, most likely via price driven reductions in US LNG exports as storage and logistics constraints tighten.

Professional subscribers can find out more about NatGas markets on our new Marketdesk.ai portal????.

A single asteroid strike can reshape a planet, and Earth’s history is marked by several cataclysmic impacts.

This map by Julie Peasley for Visual Capitalist uses data from the Earth Impact Database to showcase the 12 largest confirmed impact craters on Earth, ranging from massive basin-forming events to relatively recent collisions.

The World’s Largest Craters by Diameter

The following table ranks the top 12 confirmed impact craters based on their estimated rim-to-rim diameter:

While Vredefort in South Africa ranks first at 99 miles (160 km), it formed over 2 billion years ago and has been significantly eroded. In contrast, the second-ranked Chicxulub crater in Mexico retains a clearer structure and is famous for its role in the Cretaceous-Paleogene extinction event that wiped out most dinosaurs.

Extinction Events and Impact Size

Interestingly, larger crater size doesn’t always mean greater devastation. As scientists have noted, factors like impact velocity, angle, and composition can be just as important. The Chicxulub impactor likely released over 100 million megatons of TNT-equivalent energy, triggering firestorms, tsunamis, and a global winter.

In contrast, older impacts like Morokweng or Sudbury were equally massive but occurred long before complex life had evolved, so they did not cause any known mass extinction events.

Lasting Geological Signatures

Some craters, such as Sudbury in Ontario, have left behind unique geological formations and mineral deposits. The Sudbury Basin remains one of the most economically important mining regions in the world, rich in nickel and copper.

Others, like the Morokweng crater in South Africa, have even preserved fragments of the original meteorite thousands of meters beneath the surface.

Why So Few Ancient Craters Remain

Despite Earth’s long history, many early craters have vanished due to erosion and tectonic activity. Earth’s oldest impact scars are gradually being lost to time—unlike the Moon or Mars, which preserve theirs far better. This is why craters like Vredefort or Beaverhead are so valuable: they offer rare glimpses into planetary-scale violence from billions of years ago.

Curious about the cosmos? Explore Every Moon in the Solar System and dive deeper into the celestial bodies orbiting our planets.