The Democrats' Financial Situation Appears To Be Worse Than Previously Known

Waste Of The Day: Mismanagement At SF Zoo Authored by Jeremy Portnoy via RealClearInvestigations, Topline: The taxpayer-funded San Francisco Zoo "does not have a healthy or stable financial condition," according to a city audit released in May. The zoo has no written plans or budgets to guide its construction projects, and spent $12 million on them without city approval. Employees are also allegedly hiring their friends and relatives as contractors. Key facts: The zoo is required to get approval from San Francisco's Recreation and Park Commission before paying more than $50,000 for...

Burnham And Healey's Budget Has Trapped Britain In A Doom-Loop Authored by Phil Mullan via Spiked,A budget is not just about the public finances. It is the annual economic set-piece where the government presents its broader aims and strategy. For a new administration especially, the first budget statement is a defining marker of its approach to running the country. It is where the promises hit the wall of financial reality.In this respect, the first Keir Starmer and Rachel Reeves budget in 2024 spotlighted their administration's caution as well as its...

Has Concern Over Hormuz Made Us Forget The Red Sea? Authored by Gregory Copley via The Epoch Times, Wartime concerns about the security of maritime energy traffic through the Strait of Hormuz—connecting the Indian Ocean/Gulf of Oman with the Persian Gulf—have overshadowed the fact that the related issue of Red Sea security is far from resolved and is, in fact, becoming more dynamic. The Red Sea–Suez link between the Mediterranean and the Indian Ocean is of equal strategic importance to global trade as the Hormuz choke point and is, through geography and...