Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Netanyahu Declares Iran's Nuclear Program & Missile Production "Destroyed" - Denies Israel Influenced Trump Summary Netanyahu: Iran can no longer enrich Uranium; missile production destroyed; says Israel acted alone against Pars oil field; claims Trump was not influenced by Israel to go to war. F-35 stealth jet takes on Iranian fire, emergency landing: CNN Trump dials up threat, seeking leverage, denies approving Israeli Pars strikes; however, reports from The Wall Street Journal and Axios say the White House was aware. US sending more troops to region. Energy war hits breaking point:  Qatar's Ras Laffan damaged,...

US Firm Boosts Production Of Precision Anti-Drone Systems Authored by Prabhat Ranjan Mishra via Interesting Engineering, A Florida-based company is accelerating production of powerful systems that can counter small drone threats. VAMPIRE counter-unmanned systems (C-UxS) deliver precision strike capabilities against drones. The system has proved its efficacy on the frontline. Developed by L3Harris Technologies, the system is a self-contained platform that delivers advanced reconnaissance and can conduct operations against remotely piloted aircraft. VAMPIRE counter-unmanned system installed on vehicle L3Harris Technologies recently installed its VAMPIRE counter-unmanned system aboard a GM Defense Infantry Squad Vehicle (ISV), demonstrating...

Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall Submitted by Thomas Kolbe A robust market economy unfolds its maximum absorption capacity precisely during external shocks. In such cases, policymakers would essentially only need to sit still, as the storm clouds usually pass on their own—true to the principle that high prices are the cure for high prices. This, of course, only applies to energy markets if governments have not already removed themselves from the equation through grotesque political interventions long before the crisis. For European...