Cuba’s President Warns That US Attack Will Cause ‘Bloodbath’

San Francisco Archdiocese Agrees To $395 Million Abuse Settlement Authored by Owen Evans via The Epoch Times, The Archdiocese of San Francisco has agreed to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, in what the plaintiffs’ lawyers described as the largest per-survivor settlement. The plaintiffs’ attorneys said on June 29 that San Francisco Archbishop Salvatore Cordileone will have to write an apology letter to each survivor as part of the settlement. The settlement also requires the archdiocese to implement a series of child protection...

US Sanctions 35 Individuals, Entities To Dismantle Iran's Shadow Banking Authored by Kimberly Hayek via The Epoch Times (emphasis ours), The U.S. Treasury Department on April 28 imposed sanctions on 35 individuals and entities accused of running Iran’s secret shadow banking network. US Treasury Secretary Scott Bessent speaks during a press briefing in the Brady Briefing Room at the White House in Washington, on April 15, 2026. Brendan Smialowski/AFP via Getty Images Treasury has accused the network of transferring tens of billions of dollars to help Iran dodge U.S. sanctions and finance terrorism. The...

US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb) At first glance the 0.5% MoM decline in US Industrial production (considerably worse than than the 0.1% MoM rise expected - and dragging YoY growth in IP down to +0.74%) is bad news... suggesting immediate impacts from the war are being felt and sparking headlines decrying President Trump's actions. Source: Bloomberg However, while we agree that the decline is notable, the fact that February's data was revised drastically higher, from +0.2% to +0.7% MoM, means that over the two...