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Bank Of Japan Confirms Yen Intervention, Fed Conducted 'Rate Check'

Bank Of Japan Confirms Yen Intervention, Fed Conducted 'Rate Check' Update (1645ET): Nikkei reports that market participants learned that the Japanese government and the Bank of Japan intervened in the foreign exchange market by buying yen and selling dollars. Additionally, Nikkei confirmed that the US monetary authorities conducted a "rate check," a preliminary step before intervention. This indicates that Japan and the US worked together to curb the yen's depreciation. *  *  * Having collapsed to its weakest relative to the dollar in 40 years, it appears the Ministry of Finance and Bank of...
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Jun 15, 2026 / Dave DeCamp
Historic Ukrainian Cathedral Damaged During Heavy Russian Bombardment
A historic cathedral was damaged in Kyiv on Monday during a major Russian drone and missile attack on the Ukrainian capital as the war between Russia and Ukraine continues to escalate. Photos and videos show the Dormition Cathedral of Kyiv-Pechersk Lavra, also known as the Monastery of the Caves, on fire during the Russian attack. […]
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Jul 1, 2026 / Tyler Durden
Justice Department To Prioritize Birth Tourism Probes After Supreme Court Ruling
Justice Department To Prioritize Birth Tourism Probes After Supreme Court Ruling Authored by Aldgra Fredly via The Epoch Times, Federal prosecutors on June 30 were directed to prioritize investigations into "birth tourism" schemes after the Supreme Court struck down President Donald Trump's executive order ending birthright citizenship for children born to illegal immigrants. Migrants, including a pregnant Haitian woman seeking to give birth in the United States, are apprehended by a U.S. Border Patrol agent in Yuma, Ariz., on Dec. 7, 2021. John Moore/Getty Images Colin McDonald, the Justice Department's assistant attorney general...
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May 22, 2026 / Andrew P. Napolitano
Do We Still Have a Constitution?
This week, President Donald Trump announced that he plans to give away tax dollars without congressional or judicial authorization to his friends and allies whom he believes were mistreated by the Biden administration. Can he legally do that? Here is the backstory. During the last year of his first term in office, Trump’s tax returns were stolen along with those of […]
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