Breaking The Stalemate

US Says Iran's Threat To Hormuz Traffic "Degraded" As 23 Nations Signal Waterway Support Three weeks into the U.S.-Israeli war on Iran, the Trump administration's central focus now is very clear: reopen the Strait of Hormuz and restore the normal passage of crude and LNG tankers through a maritime chokepoint that carries roughly one-fifth of global oil and LNG flows. On Saturday morning, Admiral Brad Cooper, commander of U.S. Central Command and the official overseeing Operation Epic Fury, released an update on day 22 of the combat mission and stated: Iran...

US To Revoke Passports Of People Who Owe 'Significant' Child Support Authored by Jack Phillips via The Epoch Times (emphasis ours), The Department of State announced on May 7 that it would revoke the U.S. passports of parents who are significantly behind on child support payments. The department said it would work with the Department of Health and Human Services (HHS) to revoke passports of individuals who owe “significant child support debt,” providing a link to the new guidance. “Anyone owing child support debt should arrange payment now with the relevant state child...

1,000 Days Of Milei Authored by Michael Talbot via BondVigilantes.com, One thousand days is a long time in politics... When I wrote about Javier Milei’s first 100 days in office, Argentina was embarking on yet another attempt to break free from a cycle that had become painfully familiar: fiscal excess, monetary financing, inflation, capital controls and, eventually, crisis. Markets were optimistic, but they had been optimistic before. Argentina has a habit of disappointing even its most enthusiastic supporters. At the time, Milei inherited an economy in severe distress alongside a reform agenda that...