"This Will Bring Down Global Economy": Qatar's Energy Minister Offers Dire Warning About Hormuz Chokepoint Chaos

FAA Mandates Airlines To Affirm Merit Hiring For Pilots Authored by Naveen Athrappully via The Epoch Times, The Federal Aviation Administration (FAA) is issuing a new mandatory rule that requires all commercial airlines in the country to formally commit to merit-based hiring for pilots, according to a Feb. 13 statement from the Department of Transportation (DOT). Under the new mandate, all U.S. carriers must certify that the practice of airlines hiring based on race and sex has ended or face a federal investigation. “When families board their aircraft, they should fly with confidence...

Iran Alleges Series Of 'False Flags' - Including On Kuwait Water Plant - Designed To Perpetuate War Via The Cradle The Iranian military denied on Monday being behind the recent attack which hit a desalination plant in Kuwait, labeling the strike a US-Israeli false-flag operation aimed at "destabilizing and destroying the region." "The brutal aggression by the Zionist regime against the desalination facility in Kuwait, carried out in recent hours under the pretext of accusing the Islamic Republic of Iran, is a sign of the vileness and depravity of the Zionist occupiers," the Khatam...

Yields Spike As Producer Prices Explode Higher In April After yesterday's hotter than expected CPI (driven in large part by Energy, but seeing some contagion into Services costs), this morning's Producer Price print for April was expected to show a major surge in annual wholesale inflation. With the eight straight monthly increase, PPI rose by a massive 1.4% MoM (vs +0.5% MoM exp) - the biggest MoM jump since March 2022, lifting PPI by a stunning 6.0% YoY (vs 4.8% YoY exp). That is the hottest PPI YoY since Dec 2022... Source:...