Stockman Warns This Is Not Your Grandfather's Stagflation

Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall Submitted by Thomas Kolbe A robust market economy unfolds its maximum absorption capacity precisely during external shocks. In such cases, policymakers would essentially only need to sit still, as the storm clouds usually pass on their own—true to the principle that high prices are the cure for high prices. This, of course, only applies to energy markets if governments have not already removed themselves from the equation through grotesque political interventions long before the crisis. For European...

Singapore Remains The World's Most Powerful Passport In 2026 Your passport shapes how much of the world you can access. In 2026, the gap between the strongest and weakest passports spans nearly 170 destinations. This graphic, via Visual Capitalists' Gabriel Cohen, ranks global passport strength using data from the Henley Passport Index, based on how many destinations citizens can enter without a visa. Singapore leads with access to 192 destinations. That’s nearly five times the access available to citizens of the lowest-ranked countries. Meanwhile, the weakest passports allow entry to fewer than 50 destinations....

Trump Toughens Terms Of Iran Deal Framework, As Bessent Pinpoints Tehran's 'Big Mistake' Summary NYT on Sunday: President Trump has toughened the terms of a potential framework for a deal to end the war in Iran. Washington seeks to ratchet pressure, but Tehran still not budging on issue of remaining nuclear material. Bessent describes the "big mistake" Iran made to Fox - attacking its neighbors & losing friends; also says of the Iranians "they're going to have to start taking down the wells." Israeli PM Netanyahu says he has "instructed the Israeli military to...