Putin Admits Escalation: Enemies Unable To Defeat Russia On Battlefield, Resort To 'Open Terrorism'

Switzerland Halts Military Exports To US, Citing Iran War Neutrality  Switzerland on Friday announced it is halting all military and defense exports to the United States, citing its neutrality, coming as the Iran war reaches the three week mark. "Exports of war materiel to the US cannot currently be authorized," the government said, as quoted in Bloomberg. The statement specifically referenced Washington's "international armed conflict" in the Middle East. Source: screengrab via Johnny Harris/YouTube The announcement might not be a surprise, given similar past stances by Switzerland; however it comes at a sensitive...

Taylor Farms Announces Recall Of Lettuce Shipped To 27 States Over Cyclospora Risk Authored by Troy Myers via The Epoch Times, U.S. lettuce supplier Taylor Farms expanded on July 17 its voluntary recall of iceberg lettuce from central Mexico due to concerns over its link to a cyclospora outbreak affecting Americans across the country. Lettuce products that were possibly contaminated with the diarrhea-causing parasite were sent to 27 states, according to the company. The Centers for Disease Control and Prevention said July 18 the outbreak was linked to iceberg lettuce across five...

US Home Prices Drop For 3rd Straight Month Home prices in America's top 20 cities were expected to fall MoM for the 3rd straight month in April (the latest reported data from S&P Cotality Case-Shiller) and they did... but only marginally. Prices fell 0.04% MoM in April (less than the 0.10% decline expected), but the annual change rose modestly from +0.88% YoY to +1.14% YoY... Source: Bloomberg "Monthly price movements show seasonal strength masking underlying softness," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. The...