Defiant Iran Reasserts Toll System, Paid Through Iranian Banks After US Vows Hormuz Blockade Stays "As Long As It Takes"

Iran's First Use Of ICBMs Raises Serious Questions About Remaining Arsenal In a startling move that has military experts questioning their assumptions about Iranian capabilities, Iran attempted to hit the joint UK-US base on the Indian Ocean island of Diego Garcia with two intermediate-range ballistic missiles (IRBMs). While US officials assured the Wall Street Journal that the base was unscathed, the Iranian strike aimed at a target roughly 4,000 kilometers from Iran suggests that the range of Iran's retaliatory capacity could be well beyond previous external estimates and claims made by Iran.  According...

US New Home Sales Soar For 2nd Straight Month As Prices Plunged In March After collapsing in January (-17.6% MoM - worst since July 2013 amid weather disruptions), US New Home Sales have risen strongly for two straight months - up 8.9% MoM in February and up 7.4% MoM in March... Source: Bloomberg This lifted new home sales by 3.3% YoY, but the total SAAR remains below Dec 2025 levels... Source: Bloomberg New home sales have really gone nowhere in three years. Median new home prices plunged in March from $407k to $387.4k - its...

France To Reimburse Patients For Anti-Obesity Drugs Authored by Guy Birchall via The Epoch Times, France is set to begin reimbursing severely obese people for the cost of weight-loss drugs, French Health Minister Stéphanie Rist said on May 28. Wegovy at a pharmacy in London on March 8, 2024. Hollie Adams/Reuters She said that Paris would subsidize the use of Danish company Novo Nordisk's Wegovy and American pharma giant Eli Lilly's Mounjaro from mid-June. "I am quite proud, because we are the first country in the European Union to provide reimbursement ... on a...