French Municipal Elections Provide Early Test For Le Pen's National Rally Ahead Of 2027 Presidential Race

Germany's Debt Spiral: Bundesbank Chief Breaks Silence Submitted by Thomas Kolbe It’s not every day that top officials of the German Bundesbank take an explicit stance on daily politics. Nagel’s stark warnings about Germany’s debt and the government’s creative accounting were surely met with grim recognition in Berlin’s corridors of power. Open criticism is rare there, and when it comes from credible insiders, it stings even more. Bundesbank President Joachim Nagel  Chancellor Friedrich Merz and his Finance Minister Lars Klingbeil apparently still believe the fairy tale that debt-fueled demand policy can create economic miracles,...

Oil Jumps As Trump Says Mulling Restart Of Project Freedom, Which Could Mean New Hormuz Clashes With Iran Summary Trump mulls restarting Project Freedom in Hormuz and says forcibly retrieving 'nuclear dust' is still on the table, oil jumps on headline. Iran Foreign Ministry: "Everything we proposed in the text was reasonable and generous." However, US officials insist on their "unreasonable demands." Saudi Arabia condemns Iran for its latest drone attacks targeting the UAE, Qatar and Kuwait on Sunday. Qatari LNG tanker abruptly U-Turns In Hormuz chokepoint after earlier in weekend an initial one made it...