There Is No Reprieve in the Fed’s War on Savings

Israeli forces have raided the town of Abdin in southwestern Syria’s Yarmouk River Basin, in Daraa Governorate. The raid saw troops advance into the al-Areadah residential neighborhood to search homes. Reports from the town were that Israeli troops, in the course of those searches, confiscated multiple mobile phones belonging to locals. As usual, there was […]

Is Trump Preparing To "Escalate To De-Escalate" With Russia? Authored by Andrew Korybko, He feels personally insulted by Putin rejecting his proposal to freeze the conflict in exchange for a resource-centric strategic partnership and also, whether one agrees with him or not, senses weakness after the US built a “cordon sanitaire” around Russia over the past year. Trump signed the “G7 leaders’ statement on geopolitical issues” agreeing “to increase the delivery of air defence capacities, additional systems and interceptors, and long-range capabilities. We are also ready to consider extending to Ukraine the...

Death Of Hollywood In Two Charts The nightmare story for Hollywood is playing out in real time for the world to see, as a century-old entertainment economy implodes and bears all the hallmarks of what happened to Detroit after the auto industry went bust. A new Wall Street Journal report describes the Hollywood job market as being in "collapse" mode, with employment in the industry down 30% from its late-2022 peak, while behind-the-scenes union workers logged 36% fewer hours last year than in 2022. One big reason is that studios are...