US Debt Matters, But The Euro Area May Create The Next Crisis

The Penal Leviathan: What Wacquant And Rothbard Reveal About Modern Punishment Authored by Luc Lelièvre via Mises Institute, Loïc Wacquant and Murray Rothbard come from completely different worlds. Wacquant, in Punishing the Poor (2009), analyzes how modern states manage marginalized populations through policing and incarceration. Rothbard, in The Ethics of Liberty (1982), argues that the state is a monopoly of coercion and that real justice means restitution to victims rather than punishment imposed by the government. At first glance, they seem to have nothing in common. Yet, when you look closely...

"Three For Two": CENTCOM Destroys Iranian Tankers Near Kharg Island After IRGC Targets US Warships Summary: CENTCOM Confirms Iranian Tankers Hit Near Kharg Island Iranian Tanker Reportedly Hit By Missiles Near Kharg Island CENTCOM Confirms Strikes  US Central Command confirmed on X that US forces struck three Iranian oil tankers after the Islamic Revolutionary Guard Corps launched ballistic missiles toward two US Navy warships.  CENTCOM provided details: Following Iran's failed attacks, CENTCOM permanently disabled the IRGC crude oil carriers M/T Downy off the coast of Kharg Island and M/T Stark 1 near Jask. American forces also completely destroyed...

UK Regulators To Prepare Tokenized-Gold Framework: Report Authored by Zoltan Vardai via CoinTelegraph.com, The UK’s Financial Conduct Authority (FCA) has reportedly held talks with banks and other industry participants over potential rules for tokenized gold. The FCA has also sought feedback on the use of tokenized gold as collateral in wholesale markets, people familiar with the matter told the Financial Times. The regulator is reportedly preparing to outline plans for new regulatory standards for tokenized gold. Cointelegraph has approached the FCA for comment on the matter. London is the world’s largest over-the-counter gold trading hub, accounting for about 70%...