US Launches 36th Airstrike of the Year in Somalia

Schiff: This War Is "Going To Cost A Lot Of Money We Don't Have" Last night, ZeroHedge hosted investor Peter Schiff and Rabobank's Michael Every to debate the question: Will the war in Iran accelerate the U.S. dollar’s collapse or is it a geopolitical chess move that could strengthen its hegemony? Moderated by Cornell professor Dave Collum, Schiff - based in Austrian economics - argued that the war will do nothing but harm the American economy via higher prices and interest rates, while the dollar weakens. Every believes Trump can pull a...

Iran Mulls Allowing Tankers Through Strait Of Hormuz If Trade Conducted In Yuan Via The Cradle Iran is considering allowing a "limited number" of oil tankers to pass through the Strait of Hormuz on the condition that the oil cargo is traded in Chinese yuan, CNN has reported. A senior Iranian official told the US news outlet that Tehran is working on a new plan to manage tanker traffic through the strategic waterway on Iran’s southern coast. via Associated Press Iran has effectively sealed off the strait, allowing only its own and Chinese ships to...

Israel continued airstrikes and ground attacks across Lebanon today, with Lebanese Prime Minister Nawaf Salam warning there seems to be no end to the expanded Israeli occupation in the south. The Lebanese Health Ministry reported that over the last 24 hours, another 27 people have been killed in Israeli attacks, and 105 others wounded. This […]