Hegseth Brags of ‘Death and Destruction’ as US and Israeli Airstrikes Massacre Civilians in Iran

The US-Israeli war against Iran is already expanding into Lebanon with an Israeli ground invasion of southern Lebanon, but Reuters is now reporting that the Trump Administration is keen to drag Syria into the conflict as well, encouraging its Islamist government to invade Lebanon and fight Hezbollah. Citing multiple Syrian officials familiar with the situation, […]

China's Debt Surpasses Europe For The First Time China’s government debt has surpassed the European Union’s for the first time, marking a major shift in the global debt landscape. Since the 2008 financial crisis, the U.S., China, and Europe have followed very different borrowing paths. While Europe kept debt growth relatively constrained, both the U.S. and China expanded rapidly—especially after 2020. The chart below, via Visual Capitalist's Niccolo Conte, visualizes annual government debt totals for the U.S., EU, and China from 1995 to 2025 in current U.S. dollars (not adjusted for inflation),...

World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility By Michael Kern of OilPrice.com Seasonally lower demand ahead of the peak summer driving season and the continued turbulence in the Middle East could extend the violent oil price swings for months ahead, the top executive of oil trader Gunvor has told the Financial Times. “It is a little bit of a more challenging, softer period that we need to be careful of,” Gary Pedersen, chairman and CEO of Gunvor Group, told FT in an interview published on Monday. “Frankly, it could...