Fed Independence Is Sacred... Or So We've Been Told

Israeli Media Says IDF Soldiers Looting 'On A Crazy Scale' In Lebanon Authored by Brett Wilkins While media coverage of Israel’s war on Lebanon mainly focuses on the slaughter of hundreds of Lebanese civilians and destruction of entire villages, Israel Defense Forces commanders are tacitly condoning widespread looting by their troops in Lebanon, according to reporting Thursday. Haaretz, Israel’s oldest daily newspaper, interviewed a number of IDF personnel who described routine theft of items including motorcycles, televisions, paintings, sofas, and rugs from the homes and businesses of some of the more than 1 million Lebanese forcibly...

Russia Says UAE's 'OPECxit' Won't Spark Immediate Price War Russian Deputy Prime Minister Alexander Novak, quoted by the Russian news agency Interfax, downplayed fears that the UAE's planned OPEC exit will trigger an immediate oil price war and race to the bottom.  "In the current situation, what kind of price war can there be when there is a shortage in the market?" Novak said, adding with the Strait of Hormuz remaining all but closed, "a huge amount of oil isn't reaching the market today, and demand is significantly higher than...