Government Regulations Create Monopolies and Stifle Competition

Futures, Bonds Tumble, Oil Surges After Middle East Attacks Resume Summary Equity Futures Tumble, Oil Surges On Fresh Middle East Strikes  US forces carried out airstrikes on an Iranian military site and imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz. In response, Iran targeted the American airbase from which the attack originated, according to a Tasnim report, which cited the Islamic Revolutionary Guard Corps. Kuwait also said it’s responding to hostile missile and drone threats New US strikes in Iran reported, after Iranian drone intercepts in Hormuz area. Trump red line (PBS):...

Russia Agrees To Repurpose Strategic Military Bases In Post-Assad Syria Some 20 months after Syria's Bashar al-Assad fled Damascus and went to Moscow, amid jihadist groups taking over the capital city in December of 2024, Russia has finally reached a negotiated settlement over the fate of its Syrian bases with the new Sharaa government. Russia's Foreign Ministry said Tuesday that a memorandum of understanding over the future of its bases at Tartus and Khmeimim has been set. While some Russian forces will remain at the bases, civilian facilties at these locations...

Judge Blocks SNAP Restrictions On Sugary Drinks, Candy Authored by Aldgra Fredly via The Epoch Times, A federal judge on Monday blocked the USDA from restricting the use of the Supplemental Nutrition Assistance ​Program (SNAP) to buy sugary foods or drinks in five states. Bags of candy on shelves at a Target store in Austin, Texas, on June 4, 2025. Brandon Bell/Getty Images U.S. District Judge Amy Berman Jackson issued the ruling in response to a lawsuit by five SNAP recipients challenging the Agriculture Department's (USDA's) issuance of waivers for Colorado, Iowa, West...