House Majority Leader Insists the Price of Gas is Low

A Fed Rate-Hike Would Be A Serious Mistake Authored by Daniel Lacalle, The latest U.S. inflation report and jobs data do not justify another interest rate increase. Additionally, June data show that inflation is slowing down, especially in the core CPI measure that is most closely watched by monetary authorities, while ongoing tightening is stopping the labor market from reaching its full potential. Hiking rates while maintaining elevated liquidity harms families and small businesses and perpetuates the very factors that drive inflation, including rising money supply and government spending. Keeping rates above the neutral...

Tuesday’s direct talks between Israel and Lebanon were held with a lot more fanfare than they had consequence, and ended without a meaningful deal being agreed, and with Israel not even really slowing their attacks while the conversations were ongoing, let alone after. Continuing Israeli attacks deep into Lebanese territory, inflicting civilian casualties, are fueling […]

South Korea Curbs Syringe Hoarding As Iran War Cripples Supply The downstream consequences from the Hormuz closure are popping up in the most unexpected places.  According to Bloomberg, South Korea’s health regulators are stepping in to curb syringe hoarding as supply chain disruptions tied to the Middle East conflict threaten the availability of essential medical supplies. While overall syringe production remains steady at about 4.5 million units a day - slightly above 2025 averages - hospitals report dwindling inventories, and online platforms show rising prices and empty virtual shelves, according to the...