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Iran Launches Crypto-Based "Hormuz Safe" Insurance Platform For Ships Crossing Strait
Iran Launches Crypto-Based "Hormuz Safe" Insurance Platform For Ships Crossing Strait
Via The Cradle
The Islamic Republic of Iran has launched a digital insurance platform, titled Hormuz Safe, in order to guarantee safe passage through the Strait of Hormuz and provide coverage for commercial vessels.
The platform will rely on cryptocurrency payments from vessels and is being advanced by the Iranian Economy Ministry, according to a Saturday report by Fars News Agency. "The Ministry of Economy is advancing a plan that would make the management of the Strait of Hormuz possible through insurance...
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Why Rent Control Fails: Lessons From New York To Portland
Why Rent Control Fails: Lessons From New York To Portland
Authored by Tom Wilson via The Mises Institute,
Housing costs in New York City have reached a level that many people can no longer afford. The response has been to push for more control—limits on rent increases and expanded tenant protections. The intention is clear. However, housing markets respond to incentives, not intentions.
Under Zohran Mamdani, New York City is moving further in that direction.
The focus is on limiting rent increases, expanding tenant protections, and increasing the role of government in the...
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Aug 11, 2026 / Tyler Durden
Florida Seeks NY Times Internal Documents Over Errors In Israel-Hamas War Coverage
Florida Seeks NY Times Internal Documents Over Errors In Israel-Hamas War Coverage
Authored by Jill McLaughlin via The Epoch Times,
Florida Attorney General James Uthmeier sought to inspect records from The New York Times on Aug. 10, claiming the newspaper's pattern of admitted mistakes covering the Israel-Hamas war threatens the state's pension fund.
The New York Times building in Manhattan on Feb. 5, 2024. Samira Bouaou/The Epoch Times
Uthmeier, representing the pension fund and the thousands of shares it holds in company, sent a 28-page letter to The New York Times seeking to...
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