China Preps For War: Spy Balloon Belies Much Larger Economic Warning Signs

France's Debt Spiral: Tax Hikes Mask A Looming Crisis Submitted by Thomas Kolbe On both sides of the Franco-German border, the same problem persists: overburdened and reform-averse politicians struggle against a rapidly accelerating debt spiral. Their preferred tool: higher levies. Last week, France’s Finance Minister Roland Lescure reported a revision of the projected budget deficit for the current year. Initial estimates for 2026 had suggested a deficit well above five percent. Yet numerous fiscal measures brought last year’s deficit down to 5.1%. For 2026, the Finance Ministry expects it to stabilize at around...

IOC Bars Transgender Athletes From Women's Events For Olympic Games Authored by Savannah Hulsey Pointer via The Epoch Times (emphasis ours), Only females will be allowed in women’s events at the Olympics, according to the International Olympic Committee (IOC). People take part in a rally outside the U.S. Supreme Court as justices hear arguments in two cases in which states have banned males from participating in female-only sports, in Washington on Jan. 13, 2025. Madalina Kilroy/The Epoch Times The March 26 decision by the committee excludes transgender-identifying individuals who were born male who...

In studying history, it is key to avoid definitional anachronism—failing to note how a word has changed over time and assuming the present meaning was the same in the past. This is often the case with the word currency as used in colonial America.