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Germany's Inflation Scapegoat: Why Hormuz Is A Convenient Cover Story
Germany's Inflation Scapegoat: Why Hormuz Is A Convenient Cover Story
Submitted by Thomas Kolbe
Over the weekend, economist Gerrit Heinemann warned in Bild of a drastic increase in food prices in Germany. The scholar from Niederrhein University of Applied Sciences focused his analysis on the massive rise in fertilizer prices. A significant share of these—estimated at roughly one third of global production—is transported through the Strait of Hormuz. Following the dual blockage of the strait, this sector too has entered a state of global scarcity, forcing farmers worldwide to adjust prices,...
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Apr 23, 2026 / Tyler Durden
American Airline Cuts Outlook After Jet Fuel Shock Bill
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American Airlines slashed its full-year outlook on Thursday morning, warning it could post a loss in 2026 as the Iran-U.S. war, which sent jet fuel prices soaring, adds roughly $4 billion in fuel costs.
The airline now expects full-year results ranging from a 40-cent loss to a $1.10 profit, down from its earlier forecast of $1.10 to $2.70 in earnings per share.
"Based on the forward fuel curve and the current revenue outlook, the midpoint of the full-year guidance is expected to...
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Apr 20, 2026 / Dave DeCamp
Hungary’s Incoming Prime Minister Says ICC Warrant Will Be Enforced If Netanyahu Enters the Country
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Apr 29, 2026 / Tyler Durden
In Huge Win For Republicans, Supreme Court Curbs Use Of Race In Drawing Voting Districts
In Huge Win For Republicans, Supreme Court Curbs Use Of Race In Drawing Voting Districts
In a sweeping 6-3 decision issued today, the U.S. Supreme Court ruled that Louisiana’s congressional map with a second majority-Black district is an unconstitutional racial gerrymander. The ruling in Louisiana v. Callais (No. 24-109) delivers a major victory for Republicans by sharply curtailing the Voting Rights Act’s ability to compel the creation of predominantly Black or Hispanic districts - a development that could help the GOP protect and expand its House majority in the 2026...
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