Stellar 3Y Auction: 2nd Most Foreign Buyers On Record, Highest Stop Through Since Feb 2025

Sweden Will Consider Ways To Limit Energy Use If Iran War Continues, Government Says Authored by Victoria Friedman via The Epoch Times (emphasis ours), Sweden may need to consider options to reduce energy consumption, including rationing, if the disruption to the flow of fuel supplies continues as a result of the Iran war, the country’s prime minister and finance minister said on on April 23. Prime Minister of Sweden Ulf Kristersson speaks at a summit of European Union leaders in Brussels on Dec. 19, 2024. Johanna Geron/Reuters “We are not planning any rationing...

Federal Court Strikes Down 158-Year-Old Home Distilling Ban Authored by Kimberly Hayek via The Epoch Times (emphasis ours), A federal appeals court on April 10 declared a nearly 158-year-old ban on home distilling to be unconstitutional, ruling that the ban was an unnecessary and improper means for Congress to exercise its power to tax. A judge's gavel rests on top of a desk in a courtroom in Miami on Feb. 3, 2009. Joe Raedle/Getty Images Writing for a three-judge panel in McNutt v. U.S. Department of Justice, Judge Edith Hollan Jones of the...

Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira Two months ago, at the end of March, we reported that Turkey was aggressively dumping its gold reserves in a panic scramble to obtain dollar funding, which Erdogan's regime was using to keep the Turkish lira from crashing, and to also pay for energy imports which had suddenly soared in price as a result of the Iran war. The violent selling by Turkey (and other emerging markets) was behind the brutal plunge in gold prices, which tumbled...