Trump Begins Blockade Of Hormuz Strait, Says Iran "Will Not Be Allowed To Profit From Extortion"

US Treasury Informed Banks It May Intervene In Japan's Yen, As Market Laughs At BOJ's Own Attempts To Prop Up Currency While the BOJ understandably refuses to admit it spent a record $140BN (across all markets, $90BN on EBS) to briefly manipulate the Japanese yen higher... ... ahead of yet another disappointing (non-rate hike) decision (according to some calculations, Japan's central bank is about 100 bps of rate hikes behind to stop the ongoing collapse of the yen), others are less shy.  According to Reuters, similar to the last failed intervention by...

China Is Now Viewed More Favorably Than America Public opinion toward the world’s two leading powers has undergone a notable shift. Pew Research Center’s Spring 2026 Global Attitudes Survey reveals significant differences in how countries perceive China and the United States. The visualization below, created by Visual Capitalist's Iswardi Ishak using Pew Research Center data, compares favorability toward both countries across 36 nations, showing where each holds the strongest public support and where opinions remain closely divided. How the World Views the U.S. and China The chart below plots favorable opinions of China and the U.S....

Britain Is Pricing Its Factories Into Oblivion Authored by Ted Newson via CapX, At its peak, Britain was known as the workshop of the world. Sheffield produced high-quality steel, Manchester still had a strong textiles sector and the West Midlands was world-renowned for its cars. Glasgow, Sunderland and Newcastle were shipbuilding hubs, Stoke-on-Trent produced ceramics. Cities around Britain provided steady employment for skilled tradespeople, keeping communities together and wealth distributed around the country. In the 1980s and ’90s, this was underpinned by looser employment regulations and strong energy security through North Sea oil and gas....