Ruben Gallego's Political Career May Be Toast

Caught Off Guard: Stunned EU Leaders React To Trump's Troop Reduction In Germany European officials have expressed dismay, disappointment, and surprise in the wake of the weekend announcement by the Trump administration that the US will be withdrawing some 5,000 troops from Germany over the coming months. "There has been talk about withdrawing US troops from Europe for a long time. But of course, the timing of this announcement comes as a surprise," EU foreign policy chief Kaja Kallas expressed on the sidelines of the European Political Community meeting in Yerevan,...

After Putin's Guarded Iran War Comments, Medvedev Enters The Chat Earlier this week President Putin weighed in on America's Iran operations, and as we detailed his comments were predictably a bit guarded. He had compared the war and the Hormuz Strait closure - and subsequent impact on global energy - to the massive widescale impact of the Covid-19 pandemic. But fundamentally he highlighted the "unpredictable" nature of the conflict in terms of where it's headed, as Washington appears to be searching for an offramp on its terms. On Friday Dmitry Medvedev weighed...

Record Ground Beef Prices May Finally Be Breaking Consumer Demand Last week's retail sales report provided fresh evidence that the K-shaped economy is buckling, with national average gasoline prices still printing above $4 a gallon and discretionary spending weakening. Consumer stress is now surfacing in the grocery aisle: as beef prices hover near record highs, Americans are beginning to trade down to cheaper proteins. Bloomberg cites new data from Chicago-based market research company Circana, showing that beef sales volumes declined .3% during the 13 weeks through mid-July. Volumes had risen about...