Record 1 In 16 People Worldwide Now Use Drugs, UN Report Says

Cargo Vessel Comes Under Apparent Iranian Attack Near Oman, Crude Jumps, After IRGC Warned It Controls Hormuz Strait Update(11:28ET): A tanker appears to have come under (likely) Iranian attack close to the coast of Oman on Thursday. It seems that Iran is seeking to impose control, and its red lines as its military issues the following message: "Coordination with the IRGC Navy for passage through the Strait of Hormuz via Channel 16 is mandatory, and violator vessels will be dealt with." Below is the initial UKMTO alert: UKMTO WARNING 074-26 - ATTACK Click...

Trump Refuses To Sign Landmark Housing Bill In Protest Over Stalled Elections Legislation President Donald Trump declared Friday morning that he won't sign the sweeping bipartisan housing bill awaiting action on his desk in protest of the Senate's failure to pass his signature elections legislation. Unless the president issues an outright veto by midnight, however, the housing package will become law Saturday without his signature. President Donald Trump attends an event to mark the launch of "Trump Accounts" in the Oval Office at the White House in Washington, D.C., July 6,...

Munich Security Conference A 'Circus' - Iran Says After Exiled Shah's Son Invited The Munich Security Conference, once regarded as a heavyweight diplomatic forum, has devolved into a spectacle that favors "performance over substance," Iranian Foreign Minister Abbas Araghchi complained after his country was snubbed. Organizers barred senior Iranian officials from attending this year's gathering after deadly protests and unrest shook the country last month, threatening the stability of the Islamic Republic. Tehran has lashed out: "Sad to see the usually serious Munich Security Conference turned into the ‘Munich Circus’ when it...