Escalation On All Fronts As Mediators Say Iran Hasn't Requested Pause On US Energy Strikes

According to a Wall Street Journal report citing US officials, President Trump has been privately weighing the possibility of declaring victory against Iran and ending the war without securing a nuclear deal, . Trump reportedly has floated to senior aides that if the US can keep Iran’s nuclear program in check and traffic resumes through the Strait of […]

US Business Confidence Soared In April Amid "Panic, Emergency" Buying Ahead Of Price Spike Despite the recent slide in 'hard' macro data, analysts expected an incremental improvement in the preliminary April S&P Global PMI data this morning. Consensus was right as both Services and Manufacturing surveys signaled an uptick in April US business activity growth recovered slightly in April having slowed to near-stagnation in March following the outbreak of war in the Middle East. However, the overall pace of expansion remained subdued, most notably in the services economy where demand faltered. Flash US...

What's Behind Trump's Unexpected Favor To Kim Jong Un? Authored by Andrew Korybko, He might be flirting with a radical policy recalibration even if he soon changes his mind... Trump unexpectedly announced that the US will “substantially reduce” its participation in the annual Ulchi Freedom Shield large-scale joint military drills with South Korea that he was apparently unaware of till just recently and which began this week. He described his decision as being “Based on my very good relationship with Kim Jong Un” and aimed at not “send[ing] a signal that is totally inappropriate and hostile”....