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Warren Buffett on Corporate Taxation: A Reality Check
Although most economists tend to overemphasize the desirability of particular ways of collecting tax revenue as opposed to others, a tax on profits is perhaps one of the most evil and disastrous forms of taxation conceived.
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Feb 24, 2026 / Dave DeCamp
Iranian Foreign Minister: Iran Will Never Develop a Nuclear Weapon
Iranian Foreign Minister Abbas Araghchi on Tuesday reaffirmed Iran’s long-standing position that it does not seek nuclear weapons and will never develop them. The comments come as Trump administration officials threaten war over claims Tehran may be pursuing a bomb, even as President Trump insists he already “obliterated” Iran’s nuclear program. Aragchi made the remarks […]
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May 13, 2026 / Tyler Durden
Rising Jet Fuel And Ticket Prices Could Disrupt Summer Air Travel
Rising Jet Fuel And Ticket Prices Could Disrupt Summer Air Travel
Submitted by Tsvetana Paraskova of OilPrice.com
Summer travel could be disrupted for millions of airline passengers as airlines pass on higher jet fuel prices onto air fares and cancel unprofitable routes, according to the global association Airports Council International.
The surge in jet fuel prices as a result of the Middle East crisis leads to higher air fares. Passengers should be prepared for higher ticket prices for longer, Stefano Baronci, the Airports Council International’s director general of Asia Pacific and Middle...
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Jun 23, 2026 / Tyler Durden
"We Must Act": TotalEnergies CEO Joins Calls To Rewire Gulf Energy Flows Around Hormuz
"We Must Act": TotalEnergies CEO Joins Calls To Rewire Gulf Energy Flows Around Hormuz
The Strait of Hormuz was disrupted or nearly closed for roughly three and a half to four months, offering Gulf states aligned with the U.S. one clear message: energy flows - or tanker transits - must be rewired through pipeline networks that bypass the maritime chokepoint.
By creating alternative pipeline export routes through the UAE, Iraq, Saudi Arabia, Kuwait, Syria, Oman, or Turkey, regional producers can reduce the risk that Tehran can once again use Hormuz...
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