CIA Leak: Iran Can Survive Blockade Another 3 to 4 Months, Maybe Longer

The Kohn Solution For An Uncertain Fed Via RealInvestmentAdvice.com, Dario Perkins of TS Lombard wrote a piece titled “How to Respond to Oil Shocks.” His analysis draws on the Fed’s history to address how it should respond to today’s oil shock. While researching Fed transcripts from the 1990 Gulf War, he discovered a proposal by Don Kohn, senior Fed staffer, that offers a solution to the central bank’s oil shock problem: nominal GDP targeting. Kohn’s logic is straightforward and makes sense in the current environment where the Fed is contemplating monetary policy as...

Trump Ready For 'Strong Military Action' If Talks Fail, With Saudi Aramco Under Houthi Fire Summary Trump pauses strikes: Trump said the US paused attacks to give diplomacy a chance but warned military action will resume if talks fail. Iran denies that it pushed for talks: Tehran denied any direct negotiations with Washington, while saying its response remains "attack for attack." Saudi Aramco targeted: Houthis claimed fresh strikes on Saudi Aramco facilities, with reports of fires at the critical Abqaiq oil processing complex. Fragile pause holds two days: The US-Iran military pause entered a second day as mediators...

Trump Admin Expected To Bring Criminal Charges Against Raul Castro Via American Greatness, The Trump administration is preparing to escalate pressure on Cuba’s communist regime by pursuing criminal charges against former Cuban leader Raúl Castro over the 1996 shootdown of civilian aircraft operated by a Miami-based exile group. According to reports, the charges are expected to be announced Wednesday and would center on the incident in which Cuban fighter jets destroyed two planes flown by Brothers to the Rescue, killing all four men aboard. The US Department of Justice is expected to make the announcement...