Over 3,500 US Troops Arrive In Middle East As Houthis Enter War

Great And Unfortunate Fabrications Authored by Roger Kimball via American Greatness, Jason Arday should ask for a cover charge. His entertainment value is that splendid. For the last couple of weeks, the "youngest ever black professor" at the University of Cambridge has been a nearly ubiquitous and nonstop source of hilarity. The proximate catalyst for the comedy is the imminent publication of Great and Unfortunate Things, co-written with the "book doctor" Eve Claxton. It is due out on August 11 from Simon & Schuster. Amazon lists it as an "Editor's Pick"...

Bank Of Japan Raises Rates To 1% For The First Time In 31 Years, Will Stop Reducing Bond Purchases As widely expected, the BoJ raised the policy rate by 25bp to "around 1%" (there was one dissent from newly appointed dovish board member Asada for a hold) taking the cost of borrowing to its highest level in 31 years as the country adjusts to sustained inflation. The 0.25% increase, which was widely expected, takes Japan to what analysts said was a critical milestone in the central bank’s effort of normalizing monetary policy...