Israeli Attacks on Lebanon Kill Large Number of Children and Healthcare Workers

Tomorrow's Testimony: Kevin Warsh To Walk Tightrope On Rates, Inflation And Fed Independence President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, will appear before the Senate Banking Committee on Tuesday at 10AM ET in what is shaping up to be one of the most politically charged confirmation hearings in the central bank’s modern history. Warsh, a former Fed governor who has spent years criticizing the institution as directionless and in need of “regime change," now has the chance to outline his vision for remaking the world’s most powerful...

Germany Pledges More Winter Aid To Ukraine As Kremlin Says Europe Has No Seat At Abu Dhabi Talks German Chancellor Friedrich Merz promised Ukraine more air defense and energy support before winter at a Berlin press conference with President Volodymyr Zelenskyy this week, but announced no new weapons package. Merz said "two things are important before the coming winter: air defense and the energy sector," in the Chancellery's transcript (translated from the German).As Ukraine's largest supporter, Germany bears a responsibility, because the outcome of the war will also shape the...

The US Is Still A Decade Away From Breaking China’s Rare Earth Hold The U.S. is still at least a decade away from meaningfully reducing its dependence on China for the most critical rare earth minerals, despite billions of dollars in new investment and political pledges to move faster, according to a new report from Bloomberg. While Washington has pushed to build domestic mining, refining, and manufacturing capacity, analysts say China is likely to retain its dominance over heavy rare earths—particularly dysprosium and terbium—until at least the mid-2030s. Those minerals are essential...