Recession Signal As Consumers Struggle To Pay Bills

Trump Mulls Punishing NATO Allies By Pulling US Troops Over Lack Of Iran Help The Trump White House is mulling ways to 'punish' NATO allies for not stepping up to support the US Iran campaign, and for staying on the sidelines after Trump's repeat appeals to create a coalition to reopen the Strait of Hormuz. This could include pulling protective American forces, and US military hardware, from NATO partner countries. It would impact "certain" countries, reports say. US Army file image The Wall Street Journal writes in a fresh Wednesday report, "The proposal...

Eurasia Energy War? As analysts and traders continue to assess the Gulf energy shock and its implications for the global economy, another alarming development has emerged across the energy sector: Ukrainian kamikaze drone strikes have reportedly disrupted a significant portion of Russia's oil export capacity, according to Reuters. Reuters calculates that recent Ukrainian drone strikes on Russia's oil and fuel export infrastructure, including attacks on all three of Russia's major western oil export ports, Novorossiysk on the Black Sea and Primorsk and Ust-Luga on the Baltic Sea, have eliminated 40%...