Trump Backs Off on Threat To Bomb Iran’s Power Plants

Shares Of Infrastructure Developer Erupt On Gulf Energy Reconstruction Prospects The two-week U.S.-Iran ceasefire looks more like a pause in the six-week conflict than a long-lasting agreement, with language so broad and vague that it remains unclear who conceded what. The one clear point is that Iran's reported willingness to allow vessel transits through the Strait of Hormuz was enough to send crude prices tumbling from triple-digit territory and spark a global relief rally across equities and bonds. Everyone is breathing a sigh of relief on Wednesday morning, and traders are...

Germany's Debt Spiral Warning Ignored As Berlin Doubles Down On Spending Submitted by Thomas Kolbe Finance Minister Lars Klingbeil is a sensitive character. Such personalities tend to react irrationally and extremely defensively to criticism. They are prone to resentment and quick retaliatory reflexes. So it was only a matter of time before the Federal Court of Auditors, too, felt the cold anger of the thin-skinned Social Democrat. Late last year, criticism from the auditors was promptly followed by a budget cut imposed by the Finance Ministry. The move was meant as a...

More Than 230 Rescued As Devastating Flooding Continues To Hammer Hawaiian Islands Authored by T.J.Muscaro via The Epoch Times, It has been the worst flooding Oahu has seen in more than 20 years, and as of the morning of March 21, the torrential rains and rushing waters continue to flow across the mountainous island and the rest of the Hawaiian archipelago. The devastating milestone was announced on March 20 by Hawaii Gov. Josh Green, who said that damages could exceed $1 billion. The cause is a type of winter storm called a “Kona...