A tale of two worlds

US Ambassador To UN Threatens Iran Counterpart: 'Better Watch Himself In New York City' Trump's Ambassador to the United Nations Mike Waltz has issued a veiled threat to his Iranian counterpart, and the clip is going viral, which is likely to further delay the potential for any talks toward halting the war - which at this point still seem non-existent. The spat first erupted Sunday, when Waltz ripped into Iran's UN Ambassador Amir-Saeid Iravani, coming just a day after Operation Epic Fury started and the bombs were unleashed on Tehran. Screengrab via The Australian Walz...

Trump Set To Suspend Jones Act To Help Tame Oil Prices One day after the Trump administration flip-flopped on using the Strategic Petroleum Reserve (SPR) - eventually deciding to release 172 million barrels to try and counter the rising price of oil, they're now planning to issue temporary waivers for a century-old maritime law, the Jones Act, that requires American-built ships to be used to transport goods between US ports, in yet another attempt to control crude.  Under the plan, 30-day waivers would be issued that would allow foreign tankers to help supply refiners on...

Dallas Fed Mfg Activity Holds Near One Year High Despite Plunge In Respondent Sentiment On Iran War The Dallas Fed Manufacturing Index continues to straddle the unchanged line, and despite a tiny dip from 0.2 in February, the highest print since July, to -0.2 in March, just below the 1.5 median estimate, the index remained near the highest level in a year and absent a modest and brief, post-Trump election spike, this remains one of the highest prints since mid-2022. Curiously, the headline index barely dropped even though most index components...