US Bombs Somalia for 57th Time This Year

Iran Issues 4-Stage Proposal For Deal With US, After Most Intense Overnight Clashes Since April Summary State media issues four-stage proposal for deal with US, says indirect talks are 'ongoing'. GCC blasts 'cowardly attacks' after Kuwait International Airport rocked by Iranian missiles: one dead, 63 injured. Overnight saw US-Iran exchange fire in Strait of Hormuz - as US attacked Qeshm Island - and Iran unleashed more projectiles on Gulf states. Most intense fighting since April. IRGC via state media: Tehran has frozen all back-channel communication with Washington over Israeli operations in Lebanon, calls Trump narrative...

IMF Panics, Warns Tokenization Could Bring Crypto Risks Into Global Financial Markets Authored by Francisco Rodrigues via CoinDesk.com, Tokenization could reshape finance by enabling instant settlement and cutting out intermediaries, and introduces new risks that regulators are not yet equipped to manage, the IMF said. Tokenization could amplify volatility through automated markets and smart contracts, the report said. The IMF called for clearer legal frameworks and stronger global coordination, warning that tokenized assets moving instantly across jurisdictions could complicate oversight and deepen financial fragmentation in the absence of proper regulation. Tokenization, the representation of...

The Trump administration’s downsizing USAID has brought the usual claims: that without US aid, millions of poor people around the world will die of starvation and disease. Not surprisingly, the claims are exaggerated.