Taiwan Urges Trump to Maintain Status Quo on Weapon Sales

President Donald Trump’s decision to attack Iran will have significant consequences for the US economy.  On Thursday, the Organisation for Economic Co-operation and Development forecast that US inflation will exceed 4% in December. “The energy price surge and the unpredictable nature of the evolving conflict in the Middle East will raise costs and lower demand, […]

President Donald Trump says that Iran must agree to halt its nuclear enrichment program for 20 years to end the war. The position is a climb-down from Trump’s prior demand that Tehran permanently end its enrichment program.  A US official told Axios that during talks in Pakistan, the US proposed a deal where Iran agreed […]

Oil Spikes, Stocks Suddenly Dump During Warsh Hearing It's unclear what exactly is driving but the markets are reverting back to old habits this morning with oil spiking... ...dragging Treasury yields higher... Stocks are tanking... And so is gold... There were no obvious geopolitical headline catalysts for the move - though uncertainty remains high about the next 24-48 hours in the Middle East. Some have suggested the following comment from Fed Chair nominee Kevin Warsh may have helped (or hindered): “There’s probably no more pressing question than the cost of living.” Though that does seem like...