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Iran Poised To Finalize Hormuz Strait Management Plan, Brushing Aside Trump's Threats

Iran Poised To Finalize Hormuz Strait Management Plan, Brushing Aside Trump's Threats Iran's state Tasnim is saying the US naval blockade remains in effect, despite days of headlines of a 'finalized' US-Iran deal, which were clearly premature - though both sides still signal they are close to agreeing on a Memorandum of Understanding. But this is toward simply extending the ceasefire by 60-days in order to get back to the table, in hopes of finally ending the war based on a final deal. Despite President Trump's latest warning which declared strict...
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Sep 11, 2026 / Tyler Durden
US 2026 Budget Deficit Hits $1.97 Trillion With One Month Left; Interest At Record $1.4 Trillion
US 2026 Budget Deficit Hits $1.97 Trillion With One Month Left; Interest At Record $1.4 Trillion With DOGE disbanded more than a year ago, and tariffs struck down by the Supreme Court, the US is no longer even pretending that there is any hope to normalize spending, or any kind of happy ending to the US debt trajectory.  At 2pm today the US Treasury published the latest, August, monthly budget deficit data, and it should come as no surprise to anyone that things are looking ever worse.  Total US receipts were $360...
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Sep 1, 2026 / Tyler Durden
Europeans Blindsided By Russian Finance Minister's Presence At G20 In Asheville
Europeans Blindsided By Russian Finance Minister's Presence At G20 In Asheville Amid two days of talks among G20 finance ministers and central bank heads gathered in Asheville, North Carolina, an unexpected and deeply awkward issue (for some) has emerged. The whole session is being overshadowed by the fact that the White House welcomed Russia to the meeting, which has set off anger and frustration among the Europeans. Also, some key media outlets and prominent reporters have been banned from the summit. G20: an "unexpected" Russian guest. Late Monday, Russian Finance Minister Anton Siluanov made...
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Sep 1, 2026 / Murray N. Rothbard
Chapter II. Direct Relief of Debtors
They borrowed when prices were high and had to repay when prices were low. Should the legislature rescue them, or would rescue only deepen the ruin?
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