Britain Goes Full 'Airstrip One'

Why Were Iranian-Linked Ships Lingering Over The World's Undersea Internet Cables Brent futures remain below $100 a barrel in early New York trading as diplomatic signals continue to emerge. Markets are betting that the Democratic sweep has raised the odds of a near-term peace deal, which was enough to wipe out Brent's $20-a-barrel war risk premium this week. But the US and Iran could still return to all-out fighting as US planners want to wipe out Pickaxe Mountain and disable Kharg Island. All this hopium overlooks the fact that the global energy...

FOMC Minutes Preview: Look For "Easing Bias" Dissent Details Inside Powell's Hawkish Swan Song Today's FOMC minutes, released at 2pm ET, will be closely watched for further details surrounding the increasingly hawkish split within the Committee following the April meeting, Jerome Powell's last as Fed Chair. With three voters dissenting against retaining the easing bias - and Fedʼs Collins later suggesting she would have supported removing it too - markets will look to see how broad support was for removing the easing bias, particularly after Powell said more officials now view...

65,000 Small German Retail Stores Have Disappeared As Economic Downturn Hits Europe's 'Powerhouse' Via Remix News, The number of small retail stores in Germany has declined drastically since 2010. According to a recent analysis by the credit agency Creditreform and the Handelsblatt Research Institute, there were 236,143 small retail stores with annual sales of less than €250,000 in 2010. For 2025, the sales tax statistics show only 170,770 such stores, a drop of 28 percent, reports Junge Freiheit. Across all size categories, the number of stores shrank by only 16 percent during the...