Weekend At Bernie's In Iran As IRGC Now Run The Country, Use Strait As Toll Road

US Southern Command announced on Sunday that its forces blew up another alleged drug-running boat in the waters of Latin America and killed at least six people, marking the first known US boat strike since the US and Israel launched the war against Iran. SOUTHCOM said that the strike targeted the small vessel in the […]

IDF Chief of Staff Eyal Zamir told a group of graduating Israeli pilots on Thursday that the war with Iran is “not over” and to expect “major operations” against the Islamic Republic. “On the drawing board are new plans. Major operations are still expected to lie ahead of us. Be prepared,” Zamir said, according to […]

US Treasury Informed Banks It May Intervene In Japan's Yen, As Market Laughs At BOJ's Own Attempts To Prop Up Currency While the BOJ understandably refuses to admit it spent a record $140BN (across all markets, $90BN on EBS) to briefly manipulate the Japanese yen higher... ... ahead of yet another disappointing (non-rate hike) decision (according to some calculations, Japan's central bank is about 100 bps of rate hikes behind to stop the ongoing collapse of the yen), others are less shy.  According to Reuters, similar to the last failed intervention by...