Trump Crosses Iran's 'Red Line' By Heavy Bombing Of Kharg Island, Endangering Energy Assets Across Region

Navy Abandons USS Boise Overhaul After 11 Years And $800 Million Spent The U.S. Navy has finally thrown in the towel on the Los Angeles-class attack submarine USS Boise (SSN-764). After more than eleven years pierside and roughly $800 million poured into a repair effort that never really started, the service announced that the 34-year-old boat will be inactivated rather than returned to the fleet. The decision comes as the Navy shifts focus to Virginia- and Columbia-class construction, yet one has to wonder why those same priorities could not have been...

Is Germany Preparing To Unveil A Wealth Tax? Submitted by Thomas Kolbe Will 2027 be the year the wealth register is introduced? Labor Minister Bärbel Bas confirmed this week on Bild that her ministry plans a representative survey of citizens next year on their assets and their views on distributive justice. A classic about-face by this government: just three weeks earlier, Bas had categorically ruled out any such plans. Concretely, a tax-funded data collection effort involving roughly 5,000 citizens is planned. The rollout will run through an external research institute as part...

US Slaps Brazil With 25% Tariffs After Rubio Says Socialist Leader "Failed To Negotiate In Good Faith" US Secretary of State Marco Rubio revealed on X late Wednesday night that the Office of the United States Trade Representative (USTR) is set to impose a 25% tariff on "most Brazilian imports." "Let there be no confusion about why: President Lula and his government have not negotiated with the US in good faith," Rubio said. He added, "His economic policies are bad for Americans and bad for Brazilians. For the past year, Lula has...