The Problem with Eternal Vigilance

Bank of Canada Keeps Rates On Hold As It "Looks Through War's Immediate Impact On Inflation" As expected, the Bank of Canada - which was the day's first G5 central bank to hit the tape ahead of the Fed's decision at 2pm ET - held interest rates unchanged at 2.25% as expected, saying adjustments to borrowing costs would likely be small if the economy and inflation evolve as expected, while stating that it is looking through the war's immediate impact on inflation but will not let higher energy prices become persistent...

How Much Of The Gulf's Water Comes From Desalination Plants? Authored by Mohamed A. Hussein, The United States-Israeli war on Iran has exposed the vulnerability of critical water infrastructure in a region that is among the most water-scarce in the world. Last week, Iran’s foreign minister accused the US of striking a desalination plant on Qeshm Island off the coast of Iran in the Strait of Hormuz. The strike reportedly cut off the water supply to 30 villages. Just 24 hours later, Bahrain said an Iranian drone had caused material damage to one of its desalination...

DeSantis Rolls Out Redistricting Map - Partisan Framing May Put It In Legal Peril Florida Gov. Ron DeSantis rolled out a proposed redistricting map for the state this week, but the way he did it could give ammunition to lawyers mounting inevitable legal challenges that will follow the map's expected approval by the legislature, both Democratic and Republican observers say. Some Republican legislators are uneasy with DeSantis' rollout of the plan -- which he shared with Fox News before he shared it with them.  Today, Republicans hold 20 of Florida's US...