Economic D-Day: Treasury Secretary Bessent Announces Operation Economic Outcast Against Iran

Is Germany Preparing To Unveil A Wealth Tax? Submitted by Thomas Kolbe Will 2027 be the year the wealth register is introduced? Labor Minister Bärbel Bas confirmed this week on Bild that her ministry plans a representative survey of citizens next year on their assets and their views on distributive justice. A classic about-face by this government: just three weeks earlier, Bas had categorically ruled out any such plans. Concretely, a tax-funded data collection effort involving roughly 5,000 citizens is planned. The rollout will run through an external research institute as part...

Israeli forces killed at least 12 Palestinians in Gaza on Sunday, according to the enclave’s rescue agency, as the IDF continues killing Palestinians in the Strip despite the US-backed ceasefire deal. Gaza’s Civil Defense said that one Israeli strike hit a tent sheltering displaced Palestinians in Jabalia, northern Gaza, killing at least five people. Another […]

Bessent Unloads On Iran Leadership 'Rats,' Lists 5 Pressure Points As US Blockade Means Clock Is Ticking Summary US Treasury goes after Hormuz payment fees, sanctioning  three Iranian foreign currency exchange houses. Bessent issues pressure points against Iranian 'rats'. White House officials argue the current absence of fighting between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Trump on Friday rejects Iran's latest revised proposal to Pakistan mediators. Nuclear issue not included: a non-starter, and focus is on ending the...