Evidence Suggests the US Dropped a 2,000-Pound Bomb on a Home in Iran, Killing a 2-Year-Old and His Parents

Senate Blocks Clarity Act As Cloture Falls Short Of 60 Votes The Senate on Tuesday failed to advance the Digital Asset Market Clarity Act, falling short of the 60 votes needed to invoke cloture on the motion to proceed to H.R. 3633. The vote, held at about 2:15 p.m. ET, was the first floor test of comprehensive crypto market-structure legislation in the chamber. It was not a vote on final passage. It was a vote on whether debate could even begin. The answer was no, with 50 no votes and...

European Rearmament Efforts Snuffed By Chinese Control Of Critical Materials Yesterday we reported that, in a tit-for-tat move, China announced it is targeting US rare earths firms in response to a Pentagon list of Chinese firms: this, as Rabobank noted, is largely a symbolic move, but it still underlines the tensions in this area. So does the Nikkei reporting that ‘China minerals control threatens EU rearmament, as bloc seeks new sources’: because, as Rabo's Michael Every notes, even if you can afford a dagger, you can’t make it without rare earths, and...

Sometimes a seemingly insignificant story tells one more about what is going on than the attempts being made to perceive the larger reality. When Julius Caesar crossed the Rubicon with his army the big developing story was the Roman Republic’s impending Civil War pitting Caesar against the country’s Senate and Pompey the Great, but the […]