Futures Slump, Ignoring Korean Euphoria, After Iran Rejects Trump Enriched Uranium Demands

Alexander Salter and Joshua Hendrickson argue that the Fed's actual institutional role is to backstop U.S. dollar hegemony.

Operation Blackout Takes Down 4 Of The 'Largest Scam Compounds On Earth': FBI Authored by Naveen Athrappully via The Epoch Times, The FBI announced on July 31 that it dismantled four of the “largest scam compounds on Earth” under Operation Blackout, seizing $15.2 billion in assets and freeing thousands of forced laborers. Scam compounds provide the infrastructure to carry out large-scale online fraud operations and typically employ hundreds of thousands of people, many of whom are captives. Operation Blackout freed thousands of trafficked workers, the FBI said in a post on X. In...

Iraq Revives Syria Land Route, Post-Assad, To Export Oil To Europe Via Middle East Eye Iraq has restarted overland oil exports through Syria, marking a significant shift in regional energy logistics as the US-Israeli war on Iran continues to wreak havoc on traditional shipping routes through the Strait of Hormuz. Ali Nazar, director general of Iraq’s state oil marketer Somo, said on Wednesday that the company had agreed to export 50,000 barrels per day of Basra medium crude via Syria to the Mediterranean, with plans to increase volumes. The crude will reach European markets through the Syrian port of...