Nationality: You Belong to the State

Companies Report Raging Inflation, Except In Wages & Rents Authored by Wolf Richter via Wolf Street, Manufacturers reported that the costs of health insurance for employees shot up by 14.2% on average; service firms reported an average increase of 12.9%, according to a report by the New York Fed based on a survey of companies in the New York-Northern New Jersey region. These are averages, but “some firms reported increases of between 25% and 50% when they renewed their coverage,” the report said. Manufacturers and service firms both reported that the costs...

An Israeli airstrike in Gaza on Monday hit a rooftop in Gaza City and killed a nurse, Mohamed al-Habeel, and his young son, Mousa, as the IDF continues its constant violations of the US-backed ceasefire deal. According to Drop Site News, al-Habeel was an emergency room nurse at al-Shifa Hospital, and his son Mousa was […]

Vance Says Trump Not Ready To Approve Iran Deal, Citing Distance On Nuclear Issue Summary Rtrs citing Iran's Fars: Iran's armed forces carries out a missile launch operation from southern regions of the country toward specified targets. Reports of US ships targeted (unconfirmed); also 'warning shots' fired on 'illicit' vessels. Per Axios: "U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program, but President Trump has yet to give it his final approval." Unconfirmed reports of Ayatollah denial of MOU. Saudi state...