Vegetable-Oil Inflation Sends World Food Prices Higher

Molinari describes the inevitable consequences of monopolized security: rising costs, declining quality, and the use of force against the very citizens the government claims to protect.

Battered Budget Airlines Ask White House For $2.5 Billion Lifeline Budget airlines have requested a $2.5 billion relief package from the Trump administration following a meeting with Transportation Secretary Sean Duffy early last week. This comes as elevated jet fuel prices squeeze operations, and after President Trump confirmed late last week that a possible U.S. takeover of bankrupt Spirit Airlines is under consideration. The Wall Street Journal reports that a group of budget airlines, including Frontier and Avelo, has requested federal support in exchange for convertible equity stakes in the airlines....

Milei's "Miracle" Faces First Cracks As Argentina's Unemployment Rises Argentina’s much-touted turnaround under Javier Milei may be losing momentum, with fresh labor data pointing to a weakening jobs market, according to Bloomberg. By the end of last year, unemployment had climbed to 7.5%—the highest rate for a fourth quarter since the Covid era—reflecting a deterioration in employment conditions before the government pushed through its landmark labor overhaul. New figures show that joblessness in the formal sector increased for the first time in three quarters, while the share of workers in informal roles...