The Israelization of the United States Military Is Proceeding

Core Producer Prices Cooler Than Expected In April, Goods Costs Jump Most On Record After yesterday's mixed bag from consumer prices (headline in-line but core cooler than expected and goods deflating), US Producer Prices were expected to keep accelerating higher (on a YoY basis) in May and they did... by more than expected. Headline PPI rose 1.1% MoM in May (much hotter than the 0.7% MoM exp) but April's 1.4% MoM rise was revised down to +1.1% MoM. This left producer prices up 6.5% YoY (vs 6.4% exp and up from...

Trump Says 'Iran Asked For Ceasefire', Threatens Blasting Them "Back To The Stone Ages" If Strait Unopened Summary UAE mulls becoming first Gulf country to directly joint US-Israeli war against Iran, lobbies for firm UNSC security resolution. Trump to Reuters: will be "out of Iran pretty quickly" and could return for "spot hits" if needed. Also says he's open to exiting 'paper tiger' NATO after Iran war is over, angry over lack of help in Hormuz crisis. Oil tanker leased to QatarEnergy was struck by an Iranian cruise missile in Qatari waters Wednesday. IRGC has...

Ukrainian President Volodymyr Zelensky said on Sunday that the US isn’t producing enough anti-ballistic missile systems and that he has requested a license for Ukraine to start producing Patriot missiles. “There is not enough anti-ballistic missile production in the United States, and this could lead to a crisis in different parts of the world,” Zelensky […]