Rheinmetall Plunges After Germany Scraps Warship Order

A UN inquiry into the Israeli war against Gaza found that the IDF is targeting children.  “Israeli authorities and security forces have deliberately targeted Palestinian children, resulting in genocide, crimes against humanity and war crimes in the Gaza Strip and war crimes in the West Bank,” the UN Independent International Commission of Inquiry on the […]

The Alchemy Of Wealth Taxation Authored by Robert Blumen via The Mises Institute, “Transmutation” is the process of changing one substance, element, or form into another. We owe this word to the ancient pursuit of alchemy, which sought to accomplish the artificial production of gold from base metals. While it is now considered a pseudo-science, in our rational age, its aspirations survive in currently popular proposals for taxing billionaires. The most advanced of these proposals is California Prop 40. Appearing on this fall’s ballot, if passed, would levy a “one time” balance sheet tax of five percent...

Iran Rejects Ceasefire In Formal Reply To US, As Israel Attacks Key Petrochemical Plants Summary:  A Sunday night Axios report on a US-proposed 45-day ceasefire has by Monday morning been rejected by Iran, which later on Monday issued a 10-point letter via Pakistan. Israel strikes large petrochemical plant at South Pars, which is responsible for half of the country’s petrochemical production. There's been another extension of what had been a 10-day deadline for Iran to open the Strait of Hormuz - a deadline that was initially set to expire on Monday evening. Now...