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Recession Signal As Consumers Struggle To Pay Bills
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May 7, 2026 / Dave DeCamp
Hegseth Calls Inflating the Pentagon Budget by 50% to $1.5 Trillion a ‘Fiscally Responsible Investment’
Secretary of War Pete Hegseth said in a post on X on Thursday that inflating the Pentagon budget by nearly 50% to $1.5 trillion for 2027 was a “fiscally responsible investment” as the Trump administration attempts to justify its record-shattering military budget request. “Thanks to President Trump’s $1.5 trillion defense budget, this War Department has […]
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Mar 20, 2026 / Tyler Durden
IEA Chief Warns Gulf Flows May Take Six Months To Restore After Biggest-Ever Energy Shock
IEA Chief Warns Gulf Flows May Take Six Months To Restore After Biggest-Ever Energy Shock
The head of the International Energy Agency told the Financial Times on Friday that the world is severely underestimating the scale of the Gulf energy shock, and that it may take at least six months to restore disrupted oil and gas flows.
Fatih Birol described the conflict, now in its third week, as "the greatest global energy security threat in history", and said it would take time "to have oil and gas rehabilitated".
"It will be six...
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Apr 28, 2026 / Dave DeCamp
Report: US Spy Agencies Analyze How Iran Would React If Trump Declared Victory
US spy agencies are analyzing how Iran may respond if President Trump declared victory and pulled back from the conflict with the Islamic Republic, Reuters reported on Tuesday. The report said that Trump was aware of the political cost to himself and the Republican Party as a result of the war, which, according to polling, […]
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