Milei Defends Capitalism and Austrian Economics at the WEF

President Donald Trump says that Iran must agree to halt its nuclear enrichment program for 20 years to end the war. The position is a climb-down from Trump’s prior demand that Tehran permanently end its enrichment program.  A US official told Axios that during talks in Pakistan, the US proposed a deal where Iran agreed […]

India's Trade Deficit Surges As Energy Import Prices Soar India's trade deficit soared in April by more than analysts expected, as the surge in oil and gas prices hiked the Indian energy import bill. The trade deficit jumped by $8bn from $20.6bn in March to $28.38bn last month, higher than the $26 billion estimate, on a broad-based increase in imports. At the same time, total exports grew by 13.8% in April from a year earlier to hit $43.56 billion. Oil imports sequentially rose by around 60% MoM likely driven by higher volumes in April (vs....

Iran To Send Revised Proposal To US In 'Days' As 'Tank Tops' Loom, Trump Claims Iran "Informed Us They Are In State Of Collapse" Summary Trump TS claim: Tehran has informed Washington they are in a "state of collapse" and that the Iranians want the US to "open the Hormuz Strait" - as 'tank tops' loom. Trump doesn't appear open to Iran's proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). Tehran working on revised plan to be sent in 'few days'. First crude-laden Japanese tanker...