Trump Urges Iranian Diplomats To Seek Asylum, Describes What He Wants In A New Ruler

UBS Discusses Next Maritime Chokepoint Investors Should Watch A lot of attention has centered on the Strait of Hormuz since the waterway was effectively shut not only by the IRGC drone threat, but mostly because maritime insurers are withdrawing war-risk coverage across the region. Our focus now shifts to the other critical maritime chokepoints. If Washington can pressure Iranian oil flows and, by extension, curb China's cheap Gulf crude flows, then the Taiwan Strait and South China Sea also emerge as potential flashpoints that traders can no longer afford to...

Business Financial Distress Nears COVID Levels As Sole Trader Numbers Rise Authored by Rex Widerstrom via The Epoch Times (emphasis ours), The volume of businesses struggling to pay their debts in Australia is on track to exceed the heights set during the COVID-19 pandemic, according to two reports on the nation’s economic health. Australian dollar coins and banknotes in Melbourne, Australia on April 4, 2024. AAP Image/Joel Carrett Up to 13 percent of working-age Australians and 47 percent of secondary school students want to work for themselves or start a business, but that’s...

Germany To Scrap Subsidy For Rooftop Solar Germany is planning to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies (narrator: "it isn't"), Bloomberg reported on Friday, citing a draft proposal for reforms it has seen. At present, rooftop solar installations of any kind are eligible for guaranteed tariffs. But this could change in a few months, if the government approves the proposal of the German economy ministry to have subsidies abolished for projects of less...