Top US Diplomat Takes Post In Caracas As Part Of Post-Maduro Transition Plan

The Wrath Of Kharg By Ben Picton, Senior Market Startegist at Rabobank Brent crude is bid again this morning as markets digest the dump of news over the weekend relating to the Iran war. On the bullish side for crude was the US decision to bomb Iranian military assets on Kharg Island – the Persian Gulf port where up to 90% of Iranian oil exports are typically loaded onto tankers. Announcing the strikes via Truth Social, President Trump was at pains to be clear that oil infrastructure was not targeted, but...

Billionaire Tax Officially Heads To Nov. 3 Ballot Authored by Madeline Shannon via The Center Square, The controversial union-backed billionaire tax in California is officially heading to the Nov. 3 ballot. Secretary of State Shirley Weber announced the California Billionaire Tax Act exceeded the number of signatures it needed to qualify for the general election. The initiative aims to impose a one-time 5% wealth tax on the Golden State’s billionaires to generate $100 billion in revenue. The tax would apply to assets like art, stocks and bonds. That money would be used to help backfill reductions in...

They're Getting Revenge, Starting Today... Via the Tom Woods Letter, I absolutely insist to you: I really am trying to stop writing about this topic. But too much insanity keeps breaking out, and I have no choice but to comment on it. You know the story: a Cambridge academic, Jason Arday, was found to have plagiarized his dissertation, borrowed heavily from others in his published articles, produced essentially worthless research, called the police on a reporter and on a professor who asked questions about his resume, invented wild tales of athletic and academic achievement...