The Sy Hersh effect: killing the messenger, ignoring the message

Israel is seeking to capture southern Lebanon. One Israeli official said that Tel Aviv plans to destroy the region.  Axios reports that US and Israeli officials said that Israel plans to take Lebanon south of the Litani River. “The goal is to take over territory, push Hezbollah’s forces north and away from the border, and […]

China's Debt Surpasses Europe For The First Time China’s government debt has surpassed the European Union’s for the first time, marking a major shift in the global debt landscape. Since the 2008 financial crisis, the U.S., China, and Europe have followed very different borrowing paths. While Europe kept debt growth relatively constrained, both the U.S. and China expanded rapidly—especially after 2020. The chart below, via Visual Capitalist's Niccolo Conte, visualizes annual government debt totals for the U.S., EU, and China from 1995 to 2025 in current U.S. dollars (not adjusted for inflation),...

A Russian tanker carrying liquefied natural gas in the Mediterranean Sea was attacked before sinking. Moscow says Kiev used underwater drones in the attack.  The Arctic Metagaz was hit on Tuesday, causing a fire to break out. The Russian state media outlet TASS reported that all 30 crew members on board are safe. The Russian […]