The GDP Illusion: Surging Statistics Hide Pain for Average Americans

Late on Friday Donald Trump claimed in a social media post that military facilities on Kharg Island were targeted. Read his Truth carefully: Trump is deep into fantasy land. Yes, I think he has lost touch with reality. He admits that the oil terminals were not attacked, just some unidentified military targets. Iran has previously warned of […]

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...

While Israel has been issuing more and more evacuation orders against various locations in Lebanon, that hasn’t stopped them from attacking targets well outside of those locations. Today, central Beirut’s residential district is in their sights, even though no evacuation order was issued before the strikes began. Other deadly strikes were reported in the Baalbek […]