S&P Futures Jump To Record, Oil Tumbles On Report Iran Foreign Minister Going To Pakistan

The US Department of War said on Tuesday that its forces boarded an oil tanker in the Indian Ocean that it tracked from the Caribbean, marking the third such incident. According to The Associated Press, the ship, named the “Bertha,” was one of the tankers that left Venezuela following the January 3 US attack on […]

BRICS Summit Can't Muster Joint Statement On Iran War Amid Deepening Division Via The Cradle The two-day meeting of BRICS foreign ministers in New Delhi ended on Friday without a joint statement due to "differing views" on the US-Israeli war against Iran and the current situation in West Asia, the Indian government said in a statement.  Representatives expressed "their respective national positions and shared a range of perspectives," the Indian statement read. The statement added that one member state had "reservations" about issues related to Gaza, as well as security in the Red Sea and...

10 Enduring Lessons From Adam Smith Authored by Nikolai G. Wenzel via The Daily Economy, Adam Smith (1723-1790) is widely considered to be the father of modern economics. There were precursors, such as the School of Salamanca and the French Physiocrats, but Adam Smith's 1776 magnum opus, "An Inquiry Into the Nature and Causes of the Wealth of Nations," was the first comprehensive treatise. A statue of Adam Smith in Edinburgh, Scotland, in a file photo. Travel Telly/Shutterstock In this 250th anniversary year, much ink will be spilled - and with good reason...