Can The Courts Delete Democracy?

Trump Admin Pitching US Companies To Rebuild Gulf Infrastructure Hit By Iran, Arab Officials Say 'Tone-Deaf' Via Middle East Eye The Trump administration has told several Gulf states that they should use American companies to rebuild their infrastructure damaged by Iran's retaliatory strikes amid the US-Israeli war on the Islamic Republic, US and Arab officials familiar with the discussions told Middle East Eye. Kuwait, Bahrain and the UAE are among the countries the US has tapped as potential customers for US engineering, manufacturing and construction firms, given the extent of damage in their countries, the officials told MEE. Smoke...

The Kohn Solution For An Uncertain Fed Via RealInvestmentAdvice.com, Dario Perkins of TS Lombard wrote a piece titled “How to Respond to Oil Shocks.” His analysis draws on the Fed’s history to address how it should respond to today’s oil shock. While researching Fed transcripts from the 1990 Gulf War, he discovered a proposal by Don Kohn, senior Fed staffer, that offers a solution to the central bank’s oil shock problem: nominal GDP targeting. Kohn’s logic is straightforward and makes sense in the current environment where the Fed is contemplating monetary policy as...

US Seeking 'Precise Info' On Iran's Enriched Uranium Via IAEA Board Via The Cradle Washington has turned to the International Atomic Energy Agency (IAEA) Board of Governors in order to determine the fate of Iran’s highly enriched uranium, according to reports by Reuters and other media outlets. Sources cited by Reuters – which obtained a draft of a resolution being pushed by the US – said that Iran is being called on to “provide the Agency with precise information on nuclear material accountancy and safeguarded nuclear facilities in Iran.” via Reuter The US draft also calls on Tehran...