Yemen’s Ansar Allah Announces Attack on Saudi Airport

Ukraine Defies Vance Warning With Massive Strike On Russia's Key Black Sea Port, Shuttering Grain Terminals Did President Zelensky and the Ukrainian armed forces not listen to US Vice President JD Vance's warnings and request after all? On Wednesday a "massive" Ukrainian drone and missile strike was unleashed on Russia's port city of Novorossiysk, which badly damaged grain export terminals at what also constitutes the the last major Russian naval base on the Black Sea. via Retuers Three were killed, including an eight-year-old child, and also 24 people were injured in the Wednesday nighttime...

Japan's Keynesian Mirage: How Debt, Inflation, & A Collapsing Yen Expose A Failed Model Authored by Daniel Lacalle, Japan’s yen crisis exposes the long‑running failure of the Keynesian strategy that has dominated the country’s economic policy: chronic deficits, exploding public debt, and engineered inflation are now eroding Japan’s purchasing power, competitiveness, and monetary stability. For decades, many mainstream analysts pointed to Japan as proof that a rich, “monetarily sovereign” country could keep an extremely high public debt without relevant consequences. The argument was simple: as long as the state can issue its currency, it...

Getting More Anxious By Bas van Geffen, Senior Macro Strategist at Rabobank We have another potentially eventful weekend ahead of us. A three-week extension of the ceasefire between Israel and Lebanon may ease tensions between the US and Iran somewhat, as Trump wants to avoid that this conflict undermines peace talks with Iran. However, there are still no indications that a new round of talks will be held, as both sides continue to blockade the Strait of Hormuz. Iran has continued to shoot at commercial ships that tried to navigate the strait,...