Wage Growth As A Leading Inflation Indicator

Bombshell CIA Testimony: Fauci Accused Of Intentionally Burying COVID Lab-Leak Evidence Authored by Steve Watson via Modernity.news, A CIA operations officer provided explosive sworn testimony Wednesday before the Senate Homeland Security and Governmental Affairs Committee, accusing Dr. Anthony Fauci of directly intervening in the intelligence community’s review of COVID-19’s origins. James Erdman III, a veteran CIA special operations officer, told senators that in August 2021 the intelligence community was on the verge of concluding the virus most likely leaked from a lab in Wuhan, China. Days later, that position reversed with no...

Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall Submitted by Thomas Kolbe A robust market economy unfolds its maximum absorption capacity precisely during external shocks. In such cases, policymakers would essentially only need to sit still, as the storm clouds usually pass on their own—true to the principle that high prices are the cure for high prices. This, of course, only applies to energy markets if governments have not already removed themselves from the equation through grotesque political interventions long before the crisis. For European...

The New York Times reported on Tuesday that Iran and Oman are moving forward with a plan for the Strait of Hormuz that would involve collecting fees for ships transiting the waterway, despite the US expressing vehement opposition to the idea. Sources told the paper that Oman recently delivered a formal proposal to the US […]