Average 7Y Auction Stops On Screws As Foreign Demand Drops

Iran’s Tasnim news agency reported that a US attack in the Strait of Hormuz on Monday hit cargo vessels, not boats belonging to Iran’s Islamic Revolutionary Guard Corps (IRGC), contradicting claims from US Central Command. CENTCOM said that its forces destroyed six Iranian naval boats that attempted to interfere with commercial shipping, and President Trump […]

Argentina's Milei: Ending the Debt State By Holding Politicians Personally Accountable For Fiscal Excess Submitted by Thomas Kolbe Only contrast reveals one's own mistakes. Javier Milei is the antithesis of Germany's political class, and the comparison could hardly be starker. While Germany continues to expand the state, Argentina is slashing subsidies and radically reducing the size of its public bureaucracy. While Berlin piles up enormous amounts of public debt, Buenos Aires is posting a primary budget surplus. Friedrich Merz believes in the healing powers of state intervention, whereas Milei is deregulating...