Iran Threatens To Choke Off Hormuz Again As US Readies Blockade; Trump Says Tehran Wants To Assassinate Him

When The Persian Gulf Supply Shock Meets The Warsh Fed: Stagflation & The Coming AI Bubble Bust Authored by David Stockman via InternationalMan.com, Here is a salient place to start regarding the economic impact of the Donald’s misbegotten war on Iran: To wit, approximately 7 billion ton-miles of freight moves by truck each and every day in the USA, which heavy truck fleet consumes upwards of 2.9 million barrels per day (mb/d) of diesel fuel. Alas, the price of diesel fuel was about $3.55/gallon both a year ago and as of early...

SNAP Benefits Go To 186,000 Dead People... And Stopping Them Might Be Difficult Authored by Tom Gantert via The Epoch Times, President Donald Trump’s anti-fraud efforts have brought renewed focus on issues plaguing the welfare system, including the millions of dollars in food stamps that are being sent to dead recipients. The U.S. Department of Agriculture (USDA) released a report last month stating that 185,986 deceased people in 29 states were receiving Supplemental Nutrition Assistance Program (SNAP) benefits as of July 1, 2025, at an annual cost of $419.6 million. It also...

Ukraine fired hundreds of drones at Russia on Saturday, including at Moscow and St. Petersburg. The mass drone salvo was launched as a major international event was wrapping up in St. Petersburg.  The St. Petersburg government ordered residents to shelter in place on Saturday amid a Ukraine drone attack. The city’s mayor reported that three […]