Article
Dubai Crackdown Hits Iran's Economic Lifeline, Squeezes IRGC Networks
Dubai Crackdown Hits Iran's Economic Lifeline, Squeezes IRGC Networks
By Negar Mojtahedi of Iran International
The arrest of dozens of IRGC-linked money changers in the United Arab Emirates is one of the most serious blows yet to Tehran’s sanctions-evasion network, laying bare how heavily the Islamic Republic has depended on Dubai as an economic lifeline.
Sources familiar with the matter told Iran International that UAE authorities detained dozens of money changers tied to financial entities linked to Iran’s Revolutionary Guards, shut down associated companies and closed their offices. The crackdown follows days of...
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Apr 16, 2026 / Tyler Durden
Sotomayor Apologizes After Criticizing Kavanaugh Over Immigration Case
Sotomayor Apologizes After Criticizing Kavanaugh Over Immigration Case
Authored by Tom Gantert via The Epoch Times,
U.S. Supreme Court Associate Justice Sonia Sotomayor apologized in a statement for comments she recently made about Associate Justice Brett Kavanaugh.
“At a recent appearance at the University of Kansas School of Law, I referred to a disagreement with one of my colleagues in a prior case, but I made remarks that were inappropriate,” Sotomayor said in the statement released by the Supreme Court.
“I regret my hurtful comments. I have apologized to my colleague.”
Sotomayor was...
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Apr 7, 2026 / Tyler Durden
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
While the monthly jobs report has become a veritable economic random number generator, with every monthly print coming either well below or above the forecast stack, the weekly initial claims report has become its foil - a study in boring reporting, with numbers barely budging week to week, and usually falling right on top of Wall Street estimates. A similar dynamic is emerging for the monthly consumer credit report: following a volatile 2025, when revolving credit swung around wildly...
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Apr 5, 2026 / Tyler Durden
Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike
Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike
The New York Harbor jet fuel benchmark has doubled in just five weeks as the aviation fuel crisis spreads from airport to airport worldwide following ongoing disruptions at the Hormuz chokepoint. The third-order effects of that energy shock began to materialize this past week, with major U.S. airlines raising checked-bag fees to offset soaring fuel costs.
United Airlines and JetBlue Airways, two major U.S. carriers, raised checked-baggage fees for domestic travel this week as they begin...
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