Mossad Chief Declares Mission In Iran Not Over Until Regime Falls

"Developments Can't Be Ignored" As Brent Tumbles On Iran Talks, Saudi Pipeline Restart Hopes: UBS Brent crude slipped below $99 a barrel, falling as low as $97.77 in the overnight hours, as renewed US-Iran diplomacy and prospects for restored Saudi oil exports eased supply concerns. But as Goldman Sachs energy experts warned on Tuesday, the global refining nightmare will persist through next year. The benchmark has slipped nearly 11% since mid-month after topping out around $109.65. Reports this week of a partial restart of Saudi Arabia's East-West pipeline and Asian buyers...

Bass Advances To Runoff In LA Mayor's Race; Pratt Leads Contenders Authored by Jackson Richman and Beige Luciano-Adams via The Epoch Times, Los Angeles Mayor Karen Bass advanced to the November runoff election for Los Angeles mayor. The Associated Press called Bass’s advancement after 1:30 a.m. ET on June 3. Reality TV star Spencer Pratt and Los Angeles City Councilmember Nithya Raman lead 11 other candidates in the race for runner-up. The runner-up will face Bass in the runoff election on Nov. 3. Bass campaigned on issues including affordability, public safety, and homelessness. Pratt...

Offload Risks Onto The Bottom 90% And Immiseration Follows Authored by Charles Hugh Smith via OfTwoMinds blog, The underlying story of the past 50 years has been the offloading of risk onto workers and consumers. On my map of how the world works, we start with structures of control that distribute the good stuff--resources, assets, income and power--and the bad stuff: costs, losses and risks. As I explained in The US Economy In a Nutshell: Privatize the Gains, Socialize the Costs, the current arrangement distributes the gains to the top 10% and the costs and risks to...