US Suffers Heavy Casualties In Iranian Strike On Saudi Base As Houthis Enter War With Missile Launches On Israel

Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention At the end of July, the only question following Japan's record $90 billion yen intervention (which worked for about two weeks before the effects faded and Bessent had to engage in more market intervention), was whether and how much Treasuries Japan had sold as part of the intervention.  The BOJ spent a record $90BN to briefly push the yen higher. Another catastrophic intervention by the central bank which is 100bps behind in rate hikes (chart Goldman) pic.twitter.com/xOGszXSgF7 — zerohedge (@zerohedge) July...

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...

FDA Commissioner Nominee Says Every Vaccine On US Market Is Safe, Effective The doctor nominated by President Trump to lead the Food and Drug Administration (FDA) told senators this week that vaccines available in the United States are safe and effective. Dr. Heidi Overton, the nominee, said that if confirmed, she could use her scientific training and clinical background to describe to the American public what is currently known about products that fall under Food and Drug Administration oversight. "And what is currently known is that the vaccines that have been approved...