Iran Says Two Tankers Exploded In Hormuz Chokepoint As Ship Traffic Near Standstill

A flurry of bad news has drawn fresh scrutiny to the roughly $2 tln private credit market, as investors question the health of loan portfolios.

The US has launched airstrikes in Somalia for three straight days this month as the Trump administration continues a record-shattering bombing campaign in the country that receives virtually no US media coverage. US Africa Command said in a press release on Tuesday that its forces launched an airstrike against al-Shabaab on July 5 in the […]

Cuba Plunges Into Second Island-Wide Blackout As Communist System Unravels Cuba suffered its second nationwide blackout in a matter of days late Friday, another sign that the communist-controlled island is sliding deeper into economic collapse amid tightening US sanctions and renewed pressure from the Trump administration. Havana blames US "gunboat diplomacy" and the financial sanctions for its economic demise, but the roots of the crisis are decades of communist rule, chronic underinvestment, widespread economic mismanagement and a crumbling power grid. Yet America's Democratic Party is increasingly embracing socialism and communist ideology, a...