America Last: War Abroad, Tyranny at Home—and the Theft of a Nation

Munich Security Conference A 'Circus' - Iran Says After Exiled Shah's Son Invited The Munich Security Conference, once regarded as a heavyweight diplomatic forum, has devolved into a spectacle that favors "performance over substance," Iranian Foreign Minister Abbas Araghchi complained after his country was snubbed. Organizers barred senior Iranian officials from attending this year's gathering after deadly protests and unrest shook the country last month, threatening the stability of the Islamic Republic. Tehran has lashed out: "Sad to see the usually serious Munich Security Conference turned into the ‘Munich Circus’ when it...

"Save Every Drop Of Fuel": South Korea Tells Citizens To Conserve, Ride Public Transit Amid Energy Shock The Gulf energy shock is now hitting Asian economies with full force. In Seoul, President Lee Jae Myung on Thursday urged citizens to "save every drop of fuel," a new sign policymakers are moving quickly into crisis mode as the U.S.-Iran conflict raises the risk of nasty fuel shortages across some of Asia's most energy- and Hormuz-dependent economies. Lee told lawmakers in a parliamentary address about the urgent need to conserve fuel. He warned that...

ECB Preview: First Rate Hike Since 2023 Markets expect the ECB to hike by 25bps, the first rate hike since 2023, but do not look for explicit guidance on the path ahead, with the Council likely pledging in the statement to set monetary policy in a data-dependent and meeting-by-meeting fashion. Lagarde is likely to highlight that tightening is appropriate, for example, by repeating that the energy shock requires “some measured adjustment” in the policy stance. Goldman does not expect her to provide any specific guidance on next steps but look...