6 Things To Know As Iran Conflict Hits 1-Month Mark

Bulgaria Draws Iranian Warning Over Hosting US Military Tanker Aircraft Bulgaria has for many years during the so-called Global War on Terror been a major Eastern European hub for US and Western weapons shipments as well as military aircraft transfers related to the Middle West.  But now Iran is paying close attention, putting the Bulgarian government on notice over a planned temporary deployment of up to eight American refueling aircraft. USAF file image The large military planes are set to be housed at Bezmer Air Base in the NATO country's southeast. It is...

The so-called Board of Peace (BoP), the US-led body created to oversee President Trump’s Gaza plan, has walked back a key part of the Hamas disarmament agreement after its representatives met with Israeli Prime Minister Benjamin Netanyahu. When the deal was initially announced, statements from President Trump and the BoP’s top envoy for Gaza, Bulgarian […]

Ferrari's Hybrid Hangover: Collectors Stampede Into Legacy V8s And V12s Exotic-car collectors continue to shun hybrid Ferraris (Read May's sportscar report) in favor of legacy V8 and V12 petrol-powered models, pushing used-car values sharply higher. One possible driver is concern over long-term ownership costs: hybrid and fully electric supercars combine complex electronics, high-voltage battery packs, and sophisticated thermal-management systems, creating the risk of astronomical repair bills as these vehicles age. Goldman Sachs analyst Christian Frenes, the bank's equity analyst covering European automakers including Ferrari, Mercedes-Benz, BMW, Volkswagen, Stellantis, Renault, Aston Martin, and Porsche...