Ukrainian Drones Target St. Petersburg on First Day of Economic Forum as Part of Major Drone Attack

Mainstream finance regularly confuses finance, insurance and betting. The Austrian School provides the tools to understand their differences.

Tehran's Toll Booth For Hormuz Strait Divides Countries Into 3 Categories The last several days have seen a limited number of foreign vessels successfully and safely cross the Strait of Hormuz for the first time, amid the ongoing de facto military blockage by Iran. A group of several vessels, namely French, Japanese, and Oman-linked ships were reported to have crossed the strait at the end of this week. This included Malta-flagged 'Kribi,' owned by French shipping group CMA CGM, having exited the Gulf through an Iranian-approved corridor, broadcasting "owner France" - as we...

President Trump said on Tuesday that the US would provide insurance and naval escorts for tankers transiting the Strait of Hormuz after Iran’s Islamic Revolutionary Guard Corps (IRGC) declared the waterway was closed, a response to the US and Israeli attack on Iran. “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) […]