U.S. Waives Jones Act After Iran Gas Field Attack

Oil Could Test $200; Martin Armstrong Warns Attacking Iranian Water Supplies Could Bring Out Nukes Via Greg Hunter’s USAWatchdog.com, Legendary financial and geopolitical cycle analyst Martin Armstrong warned in February, “This is where the volatility starts kicking in.”  What do we have?  Oil, gold and silver spiking in price, and violent exchanges between Iran, the United States and many other countries in the Middle East.  Now, water assets like desalination plants in Bahrain and Iran are being blown up.  Add the worst water shortage in decades in Iran as a backdrop to constant bombing, and you have a situation that could...

ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook As fully expected, The ECB hiked its key rate by 25bps (for the first time since 2023) as the policymakers battle with the dilemma of economic weakness combined with rising inflation. Obviously, raising rates to dampen inflation could further slow the economy, while easing rates to support growth increases the risk that higher inflation becomes persistent. Clearly, Lagarde et al went with the former with its well-jawboned baseline having long been a hike in June with risks skewed toward...

Leftist German Party Leader Forced To Correct Lies About AfD Leader, Pay Her Legal Fees Via Remix News, Alice Weidel, co-leader of the anti-migration Alternative for Germany (AfD) party, has successfully sued the Left Party leader and won a retraction after she spread falsehoods about Weidel on live television. In mid-May, Ines Schwerdtner, the federal chairwoman of the Left Party, claimed during an interview on Welt TV that Wediel neither resides in Germany nor pays taxes.  “Alice Weidel doesn’t even live in Germany, she doesn’t pay taxes here,” she told viewers. This statement is...