Hillary Clinton Breaks With Party Line, Admits Mass Migration Is "Disruptive & Destabilizing"

Iran's New Supreme Leader To Be Chosen Within 24 Hours: State Media Iran could be hours away from installing a new supreme leader, with state Fars News reporting early Saturday that a successor may be selected within the next 24 hours, but there are signs of a potential factional power struggle - somewhat expected given the complex history of reform vs. hardline Islamic interpretations inside Iran. The outlet cited sources within the Assembly of Experts, which is the 88-member body of Islamic jurists elected every eight years and tasked with choosing...

No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world's largest condom maker, warning that prices are about to explode. Karex CEO Goh Miah Kiat spoke with...

UMich Sentiment Rebounds From 46-Year Record Low In June, Inflation Fears Fade Further Having rebounded from record (46 year) lows in preliminary June data, University of Michigan's final June Sentiment survey was expected to show further improvement as gas prices have fallen since the US-Iran 'peace' MoU signing. And it did with the headline index rising from 48.9 flash and 44.8 prior to 49.5 (but that was below the 50.0 expectation)... Both Current Conditions and the Expectations Index also rebounded with the former outperforming... Consumer sentiment confirmed its early-month reading, rising about 10%...