US Launches Airstrike in Somalia for Third Day in a Row

US Treasury Secretary Scott Bessent announced on Monday that the US was issuing a temporary license to allow the sale of Iranian oil amid ongoing talks between the US and Iran in Switzerland in line with the Memorandum of Understanding aimed at ending the conflict between the two nations. “In line with the ongoing productive […]

Russia Admits Renewed Petrol Shortages After Recently Claiming Situation Was Stabilized Russia has shut down one major refinery at Orsk, around 800 miles from the front line, for six months after it came under drone attack this week. It has also suffered more terminal outages due to continued attacks on a vital Black Sea energy port. "Crude oil exports from Russia's Sheskharis terminal at the Black Sea port of Novorossiysk were suspended on Friday following a ​drone attack, three sources familiar with the matter said, adding ‌to disruptions at one of...

The central essay: interventionism as a supposed economic system, the real nature of intervention, and how price ceilings, minimum wages, and similar measures defeat their own aims—leaving only a choice between the free market and socialism.