Why Mises’s Theory of Economic Calculation Still Is Relevant Today

Could The War In Ukraine Go Nuclear? Authored by J.B. Shurk via American Thinker, Too many influential voices are contemplating how to ‘win’ a nuclear war... With all eyes on the U.S. military buildup around Iran right now, the Russia-Ukraine War has been temporarily upstaged.  It will not play second fiddle for long.  The recent trilateral talks in Geneva involving the Russian Federation, Ukraine, and the United States have been unable to resolve a principal issue of disagreement: Ukraine’s martial-law-president Volodymyr Zelenskyy’s refusal to cede any land and Russia’s insistence that the Donbas region — specifically the four eastern territories that have...

Aluminum Supply Shock: Top Gulf Producer Halts Operations After Iran Strike, Price To Spike Over the weekend, both Emirates Global Aluminum (EGA) - the largest aluminum producers in the Gulf - and Aluminium Bahrain (ALBA) reported drone attacks damaging smelting facilities after hits on Iranian steel infrastructure last week. Neither company (at the time) confirmed whether supply will be impacted, but this morning the worst case appears to be confirmed with Reuters reporting that according to a Wednesday note by consultancy Wood Mackenzie "EGA's Al Taweelah facility in the United Arab Emirates halted...

What Does The End Of OPEC Mean For The Iran War And Global Energy Prices? Did the UAE just trigger a once in a century shift in global energy markets?  The United Arab Emirates on Tuesday said it was quitting OPEC by May 1st after 60 years as a member, dealing a blow to the cartel ​as the Iran war exposes discord among Gulf nations and Iran. The exit of the UAE, one of the group's biggest producers with 15% of total exports, weakens ‌OPEC's control over global oil supplies and widens...