What the Conservatives Get Wrong about the French Revolution

American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich With the "mini war" still ongoing (albeit with a 'ceasefire' in place), expectations were for a continued slide (already at record lows) in the American consumer's sentiment in preliminary UMich data for May released today. And while the expectations were correct in direction, once again they underestimated just how bad things are as the headline UMich print fell from 49.8 to 48.2 (a new record low and below the 49.5 expectation). Under the hood was more mixed with Current Conditions tumbling...

IRGC Says Trump Ongoing Talks Narrative 'Not Reality' After Most Intense Clashes Since April Summary GCC blasts 'cowardly attacks' after Kuwait International Airport rocked by Iranian missiles: one dead, 63 injured. Overnight saw US-Iran exchange fire in Strait of Hormuz - as US attacked Qeshm Island - and Iran unleashed more projectiles on Gulf states. Most intense fighting since April. IRGC via state media: Tehran has frozen all back-channel communication with Washington over Israeli operations in Lebanon, calls Trump narrative a fantasy. Trump says Iran has agreed not to pursue a nuclear weapon, while saying...

Germany's 67-Point Climate Plan: Fatal Yet Highly Effective Submitted by Thomas Kolbe Travel is said to broaden the mind. At least, this wisdom applies to those willing to leave their routines behind and not stubbornly defend their claimed spot by the pool. In the case of Economics Minister Katharina Reiche, the “aha” moment arrived at breathtaking speed. She is currently traveling in North America, specifically in Ontario, Canada. This week, the CDU politician toured the site of a so-called SMR, a small modular reactor. Apparently deeply impressed by the technology and the...