Article
Choke Point: The Global Economic Consequences of The Persian Gulf Shutdown
The Persian Gulf is the most consequential body of water in the global economy. Its narrow exit — the Strait of Hormuz, just 33 kilometres wide at its narrowest point — acts as a valve through which flows an extraordinary share of the world’s energy and agricultural inputs. A sustained closure of that valve by […]
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May 17, 2026 / Tyler Durden
Largest Ukrainian Drone Attack On Moscow In Over A Year Leaves Four Dead
Largest Ukrainian Drone Attack On Moscow In Over A Year Leaves Four Dead
The Russian capital has just suffered possibly its single biggest and deadliest Ukrainian drone attack of the war - and certainly the largest attack wave on Moscow in the last year. It ironically comes exactly a week after President Zelensky signed on to a three day Russian 'Victory Day' ceasefire at the behest of President Trump. It also comes after several days of major Russian missile and drone attacks on Ukraine.
At least four people have been killed...
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Apr 6, 2026 / Tyler Durden
Stockman Warns This Is Not Your Grandfather's Stagflation
Stockman Warns This Is Not Your Grandfather's Stagflation
Authored by David Stockman via The Brownstone Institute,
It was pretty obvious even before February 28th that the US economy was grinding to a halt, even as inflation was already working up a head of steam. But then came war.
We are going to get a globe-shaking economic conflagration erupting from the void that was the Persian Gulf commodity fountain. That includes between 20% and 50% of all the basic commodities that drive global GDP, including crude oil, LPGs, LNG, ammonia, urea, sulfur, helium,...
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Jun 20, 2026 / Tyler Durden
DOJ Can Provide Biden's Conversations With Ghostwriter To Heritage Foundation, Judge Says
DOJ Can Provide Biden's Conversations With Ghostwriter To Heritage Foundation, Judge Says
Authored by Troy Myers via The Epoch Times,
A federal judge on Friday rejected former President Joe Biden's bid to prevent the conservative Heritage Foundation from receiving redacted transcripts and recordings of conversations he had with a ghostwriter for his 2017 memoir.
Former President Joe Biden speaks in Chicago on April 15, 2025. Nam Y. Huh/AP Photo
Although District Judge Dabney Friedrich delayed her own decision by three weeks later on Friday to allow for the D.C. Circuit Court of Appeals...
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