Biden versus Bastiat

The US Demanded That Europeans Accelerate Their Transition To 'NATO 3.0' Authored by Andrew Korybko, This might be the US’ final warning before it takes drastic action to punish those who continue to reject Trump’s demands. Under Secretary of War for Policy Elbridge Colby gave an important speech at mid-April’s Ukraine Defense Contact Group in which he urged the Europeans to step up their transition to something that he described earlier this year as “NATO 3.0”. As was explained here, “The idea is that NATO should return to focusing on defending itself instead of overextending...

Conference Board Confidence Unexpectedly Jumped Amid War In March Despite war (and rising gas prices) now on respondents' minds (the survey period for preliminary results was March 1 to 24), it is perhaps surprising that The Conference Board's Consumer Confidence rose more than expected in March (from 91.0 to 91.8), considerably better than the 87.9 expected. Even more intriguing, the Present Situation rose from 120.0 to 123.3 (118 exp) while Expectations fell from 72.0 to 70.9 (68.4 exp) Source: Bloomberg Among demographic groups, confidence on a six-month moving average basis continued to moderate...

The UNIFIL peacekeepers reported that one of their vehicles sustained significant damage when an Israeli Merkava battle tank twice rammed into it on the road in Bayada, southern Lebanon. The Israeli soldiers were blockading a road regularly used by the UNIFIL for patrols. The UNIFIL noted that Israeli troops have hindered UNIFIL movements along such […]