Conference Board Consumer Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years

No Protection From Gulf Shock: World's Biggest Condom Maker Warns Of Price Hikes The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world's largest condom maker, warning that prices are about to explode. Karex CEO Goh Miah Kiat spoke with...

Iran’s air defense system succeeded on Friday, April 3, in downing a US F-15E over Iran. There is some dispute and confusion about the exact location (more about that later). The pilot and the WSO (i.e., Weapons System Officer) both successfully ejected but were separated. The pilot was quickly rescued by the Combat Search and […]

DHS To Vet Immigrants For 'Extremist Views' Authored by Guy Birchall via The Epoch Times, The U.S. Department of Homeland ​Security (DHS) said on April 27 that past statements expressing what it labeled extremist views from immigrants applying ‌for green cards and naturalization would warrant closer scrutiny. The DHS statement was in response to a New York Times report over the weekend that, citing internal DHS training materials, said that under new guidance introduced by the Trump administration, immigrants can now be denied a green card for expressing political opinions. A spokesman for...