NATO Member Spain Closes Airspace To US Planes Involved In Iran Operations

Which US States Are Seeing Incomes Rise The Fastest (And Slowest) Since 2019, U.S. household incomes have surged - rising from $68,700 to $83,730 nationally, a 21.9% increase in just five years. But where you live matters a lot. While some states tracked close to the national average, others saw incomes climb at nearly double the pace, driven by booming local industries and major investment. States like Colorado posted outsized gains, while Georgia’s expanding EV industry brought billions in investment and rising paychecks. The map, via Visual Capitalist's Dorothy Neufeld, shows which states saw...

Is The Iran War Good For The Petrodollar? Diana Choyleva wrote an excellent editorial for the Wall Street Journal entitled “The Iran War Is A Boon For The Petrodollar.” She pushes back against claims that the Iran conflict is accelerating the death of the petrodollar. Instead, RealInvestmentAdvice.com points out that she argues the opposite: between Iran and Venezuela, the U.S. is defending and bolstering dollar dominance in the oil trade. The 75-year-old petrodollar system rests on oil being priced and traded in dollars, which keeps the dollar prominent in all global trade. China has...

The Case For Britain Backing Its North Sea Oil & Gas Industry Authored by David Whitehouse, chief executive of Offshore Energies UK, via City AM, Jackdaw and Rosebank could strengthen UK energy security by increasing domestic oil and gas production while demand remains substantial. The projects are expected to support billions of pounds of investment, thousands of jobs, and a broad UK offshore supply chain. Continued North Sea production could reduce import dependence while preserving engineering skills and industrial capacity needed for offshore wind, hydrogen, and carbon capture. Britain faces a simple choice. While we...