Yemen’s Houthis Announce ‘Ban’ on Israeli Shipping in the Red Sea

29% Of Americans Have Finally Figured Out The Problem... 71% To Go Authored by James Hickman via SchiffSovereign.com, A new Gallup poll finds that 29% of Americans now say government itself is the country’s biggest problem. That’s a higher percentage than people who think America’s biggest problem is the economy. Or immigration. Or inflation. Think about that for a moment. The institution whose entire job is to solve problems has become, in the eyes of the public, the single biggest problem of all. Joseph Tainter described exactly this phenomenon in his 1988 book, The Collapse...

Israeli Finance Minister's Son Wounded In Hezbollah Rocket Attack Via The Cradle At least eight Israeli soldiers were injured by Hezbollah rockets near the border with southern Lebanon on Friday, including the son of Finance Minister Bezalel Smotrich, according to Israeli media. The Lebanese resistance targeted Israeli troop gatherings on Friday. A rocket struck a group of soldiers, wounding eight, five of whom are in serious condition, according to Israel’s military. The Givati Brigade soldiers were transported to the hospital for treatment. Smotrich’s office released a statement saying his son was among the wounded...

Treasury Boost Quarterly Borrowing Estimate To $189BN: Full Quarterly Refunding Preview The US Department hiked its estimates for US debt borrowing in the current quarter, citing lower net cash flows. In a statement published today, and ahead of Wednesday's Quarterly Refunding Announcement, the US Treasury said that it now expects to borrow $189 billion in net debt for the current quarter, up ~$80 billion from the $109 billion it had forecast in February. The estimate assumes a June quarter-end cash balance of $900 billion, the same as the prior forecast.  According to the...