Israel Appoints Its First Ambassador to Somaliland as It Eyes Gulf of Aden Military Base

Treasury Refunding: No Changes To Auction Sizes; Bessent Keeps "At Least" In Forward Guidance In our preview to this morning's Quarterly Refunding Statement, we said that we do not expect major changes and that, at most, the treasury might adjust its statement language to soften the forward guidance on possibly futures increase in coupon auction sizes with one likely change would be dropping “at least” while retaining the expectation for unchanged coupon sizes over “the next several quarters” (recall Deutsche Bank said it expects nominal coupon increases beginning in February 2027).  Overnight, JPMorgan agreed,...

Justice Department Agrees To End Biden-Era Oil & Gas Leasing Restrictions In Alaska Authored by Jill McLaughlin via The Epoch Times, The U.S. Department of Justice said July 7 the Biden administration’s oil and gas leasing restrictions in northern Alaska’s Arctic region violated federal law and asked the court to dismiss lawsuits by the state and its industrial development and export authority challenging the regulations. The lawsuits were filed in 2025 over the Biden administration’s 2024 restrictions on oil and gas lease auctions in the Coastal Plain of the Arctic National Wildlife...

Iran Alleges Series Of 'False Flags' - Including On Kuwait Water Plant - Designed To Perpetuate War Via The Cradle The Iranian military denied on Monday being behind the recent attack which hit a desalination plant in Kuwait, labeling the strike a US-Israeli false-flag operation aimed at "destabilizing and destroying the region." "The brutal aggression by the Zionist regime against the desalination facility in Kuwait, carried out in recent hours under the pretext of accusing the Islamic Republic of Iran, is a sign of the vileness and depravity of the Zionist occupiers," the Khatam...