Israel Bombs Bridges in Southern Lebanon, Plans Expansion of Ground Operations

The Iranians are sending their cheapest and oldest missiles first, to deplete the US' stock of interceptor missiles. Then Iran will send its newer, better missiles.

China-US Trade Talks End In Paris As Doubts Grow Over Trump-Xi Summit Update (0911ET):  The Hong Kong-based South China Morning Post has published an update on the sixth round of U.S.-China trade talks, which concluded moments ago in Paris. SCMP's title for the update is rather ominous: "China and the US end trade talks as doubts form over Trump visit." The report states that both sides discussed a possible extension of existing tariff and non-tariff measures, as well as bilateral investment. China's top trade negotiator, Li Chenggang, said the two sides held "deep, frank,...

This week, Bob walks through Javier Milei’s 2026 address to the World Economic Forum, explaining the Austrian and neoclassical ideas behind Milei’s defense of capitalism—from Rothbard and Kirzner to Pareto efficiency and the welfare theorems.