Israel Destroys Last Bridge to Southern Lebanon Ahead of Ceasefire

LNG Crisis From Bad To Worse As Storm Damage Adds Weeks To Restart Of Chevron Wheatstone Plant The perfect storm surrounding the global LNG supply chain, which hit a brick wall two weeks ago when Iranian attacks shuttered 17% of Qatar's LNG output following devastating strikes on the Ras Laffan plant, the largest in the world, just went from metaphorical to literal after storm damage to Chevron’s Wheatstone gas plant in Western Australia is hampering efforts to restart operations and the facility won’t be back online fully for weeks, adding even...

Japan's Keynesian Mirage: How Debt, Inflation, & A Collapsing Yen Expose A Failed Model Authored by Daniel Lacalle, Japan’s yen crisis exposes the long‑running failure of the Keynesian strategy that has dominated the country’s economic policy: chronic deficits, exploding public debt, and engineered inflation are now eroding Japan’s purchasing power, competitiveness, and monetary stability. For decades, many mainstream analysts pointed to Japan as proof that a rich, “monetarily sovereign” country could keep an extremely high public debt without relevant consequences. The argument was simple: as long as the state can issue its currency, it...

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...