US Launches Its 63rd Airstrike of the Year in Somalia

Israeli attacks killed Palestinians across Gaza on Wednesday, including a senior police official, as the IDF continues its constant violations of the US-backed ceasefire deal. Palestinian medics told Reuters that Naseem al-Kalazani, a colonel in Gaza’s police force, was killed by an Israeli strike that targeted his vehicle in the al-Mawasi tent camp west of […]

Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone Authored by Daniel Lacalle, The market consensus reaction to the Supreme Court ruling on the Liberation Day tariffs exaggerates the negatives and ignores the options of the Trump administration. Markets are overreacting to headlines about a $175–200 billion tariff refund financial hole. However, the Supreme Court ruling opens a long, narrow, and manageable process, not an imminent fiscal crisis. In the days after the Supreme Court struck down the Trump Liberation Day tariffs, many sell-side analysts turned a complex legal...