Yes, Democratic Socialists Want Soviet-Style Control of Capital

Iran Says It Busted Up Over 100 'Pro-Monarchist Cells' Working With US, Israel Iranian authorities have newly announced hundreds more arrests across the country, describing that anti-government "pro-monarchy cells" and "traitors" have been exposed and caught.  Tehran officials have touted busting up more than 100 of these alleged cells in 26 of Iran's 31 provinces in a major overnight security operation, describing that these groups were aligned with US and Israeli interests. Security forces from the Intelligence Ministry "have identified and arrested 111 monarchist cells across 26 provinces before they could take action...

US Industrial Production Rises For 4th Straight Month In February After a strong gain in January, US Industrial Production continued to expand in February, rising 0.2% MoM (better than expected +0.1%) - the fourth straight month of gains with Production up 1.44% YoY... Source: Bloomberg Manufacturing output also beat expectations, rising 0.2% MoM in February. Durable manufacturing output edged up 0.1 percent, with mixed results across categories; the index for motor vehicles and parts posted the largest gain, and the index for machinery posted the largest loss. Nondurable manufacturing output rose 0.2 percent, with...

Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing Via The Cradle The breakaway African territory of Somaliland opened a new representative office in Taiwan on Friday, saying it had the right to establish diplomatic relations despite objections from Somalia. "We have the right to choose who we have relationships with. It's our prerogative, and so it hasn't been successful as far as pressure tactics," stated Mahmoud Adam Jama ​Galaal, Somaliland's representative to Taiwan, at a press conference to mark the office opening. Rti photo Taiwan's Deputy Foreign Minister Francois Wu also spoke, saying,...