PODCAST: Why This Recession is Different

Hezbollah historically has fit in an unusual position in Lebanese politics, being a substantial Shi’ite political party as well as a substantial Shi’ite militia that was centered on resisting Israeli military intervention on Lebanese territory. Those statuses are coming into focus again as Israel ramps up its latest war against Lebanon. Lebanese Prime Minister Nawaf […]

Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges Tungsten, used in missiles, tank rounds, armor-piercing ammunition, and some smaller-caliber munitions, has surged in price over the last year as China curbed exports and global supplies tightened. This is a major concern, as multi-front conflicts - from the Middle East to Eastern Europe - are depleting interceptor missile supplies. Bloomberg cites new data from commodity price reporting agency Fastmarkets showing tungsten prices have surged to $2,250 per metric ton this month, up 557% since Beijing added certain tungsten...

A high-level defense official told a House Armed Services Committee on Tuesday that the continuing operations against Latin American drug cartels were “just the beginning”, and left open the possibility of deploying ground forces. The official, acting assistant secretary of defense for the Department of Homeland Defense John Humire, told the committee that these operations–referred […]