Ceasefire Over? Trump Downplays 'Mini-War' After US & Iranians Trade Shots, Missiles Target UAE

GOP Senator Opposes More Than 60 Days Of War On Iran Without War Declaration In what could become a key milestone in an unpopular US-Israeli war on Iran that has the world on the edge of economic catastrophe, a Republican senator from one America's reddest states has announced his opposition to continued action against Iran beyond 60 days from the Feb 28 commencement of hostilities -- unless Congress approves it.  "I support the president’s actions taken in defense of American lives and interests," wrote first-term Sen. John Curtis in an opinion piece...

Key Events This Week: Warsh Nomination Hearing, Retail Sales, Fed Blackout, Earnings As the war in Iran enters its 8th week, Deutsche Bank's Jim Reid says that recent developments can be framed in two ways: either five steps forward towards peace and three back (seems more apt than three and two), or as evidence that the two sides remain far enough apart that a lasting deal will be extremely hard to achieve and markets have become far too optimistic. Reid leans more towards the former, but the comparison with recent history...

EU Imposes Drastic Tariffs on Chinese Goods: Is A Trade War Looming? Submitted by Thomas Kolbe Tensions in international trade policy are escalating on multiple fronts. After the U.S. Supreme Court initially declared the tariff regime implemented by President Donald Trump since April of last year unlawful, it appears the administration has explored new ways to stabilize its tariff policy going forward. The signs on the international trade front continue to point toward turmoil. Not least, it is the ramped-up Chinese export machine that is increasingly in the crosshairs of U.S. protectionism...