The Economic Destruction of Trump’s War Goes Far Beyond High Gas Prices

As war drums beat again, this time against Iran, we ask ourselves if recklessness from Donald Trump and European and Israeli leaders is pushing us to catastrophe.

US Launches New Iran Strikes Overnight: 'Heavy Costs' For Attacks On Commercial Shipping Summary:  US strikes on Iran announced, as 'heavy costs' for earlier targeting of multiple commercial vessels Oil rises as Treasury revokes June 21 Iran oil waiver Hormuz Threat Level Raised To "Severe"  Three maritime incidents reported on Hormuz in last 24 hours  Another unidentified vessel hit by a Drone IRGC forces hit a Saudi Tanker  IRGC forces hit a Qatari LNG tanker *  *  * US Launches New Iran Strikes, In First Since Ayatollah's Funeral The US military has announced it has commenced fresh strikes against Iran in...

Germany's "Two-Speed Europe" Proposal Is The EU's Adaptation To Great Power Geopolitics Authored by Andrew Korybko via Substack, German Finance Minister Lars Klingbeil recently declared that “Now is the time for a two-speed Europe. Germany, together with France and other partners, will therefore now take the lead in making Europe stronger and more independent. As the six biggest economies in Europe, we can now be the driving force.” Apart from those two, this exclusive tier will also include Italy, Spain, the Netherlands, and Poland. The goal is to optimize decision-making by...