What Is the State of the Union?

First Major Weather Organization Declares El Nino Onset As Food Inflation Risks Intensify For months, we have warned readers that the probability of El Niño formation was rising, with downstream risks across critical agricultural growing belts. That forecast has now moved from a risk scenario to reality, as the first major weather body has formally declared the onset of this warming pattern in the equatorial Pacific, threatening to disrupt rainfall, temperatures, crop yields, power demand, and commodity flows into year-end. Bloomberg commodity expert Javier Blas wrote on X, "The Japanese...

Trump Floats Backing Anti-Tehran Insurgency As Alternative To US Boots On Ground It's only day four of the US-Israeli 'Operation Epic Fury' and there's already talks of a ground war and insurgency in Iran. Of course, the White House is still saying it doesn't plan to send US boots on the ground (though is 'not ruling it out'), while also proclaiming the US wants regime change in Tehran, and the dismantling of the Islamic Republic as a state and system is a formal objective.  But as the Bush Necons learned in Iraq,...

An opponent of gold describes the 100 percent standard better than its friends do.