Hezbollah Commander Among Five Killed in Israeli Strike on Beirut

Ukraine Wants To Tax Sex To Fund The War Authored by Martin Armstrong via Armstrong Economics, How desperate must a government become before it considers taxing pornography to purchase drones for a war it cannot win? Ukraine is now reportedly considering legalizing parts of its adult entertainment industry to generate additional tax revenue for the war against Russia. Ukrainian lawmaker Yaroslav Zhelezniak estimates legalization could bring around $25 million annually into the government's coffers, enough, he claims, to purchase up to 30,000 drones. The legislation has already passed its first reading in...

Think "Weekends" Rather Than "Weeks" By Elwin de Groot, head of macro strategy  As another volatile week comes to an end, investors and market participants appear to be clinging to the hope that the two‑week ceasefire between the United States and Iran, which began on Wednesday, will not unravel entirely – at least until a direct, face‑to‑face exchange and clarification of key demands can take place during the planned talks in Islamabad this weekend. Near‑dated Brent crude edged up by $2 to $97, equity markets posted modest declines in Europe, whilst...

Oil Experts To Spar On Iran Deal: Crude To $150 Or $50? With oil prices plunging after the announcement of a U.S.-Iran ceasefire agreement and plans to reopen the Strait of Hormuz, traders are asking: Is the geopolitical risk premium gone, or is the market setting up for another shock? Tonight at 7pm ET, veteran commodities strategist Jeff Currie and energy economist Anas Alhajji join host Erik Townsend to debate where oil heads next. The tentative agreement sent crude sharply lower as investors price in the return of halted supply and reduced...