Chapter II. Direct Relief of Debtors

Rubio: Diplomacy Will Be Rendered 'Impossible' If Iran Enacts Hormuz Toll System Iran has been seeking to significantly expand the area around the Strait of Hormuz over which it claims military control by this week advancing the newly-created government agency of the "Persian Gulf Strait Authority". The agency quickly published a map proclaiming "Iranian armed forces oversight" across more than 22,000 sq km (8,800 sq miles) of the Hormuz waterway. Now, all transit through the strait "requires coordination with and authorization from the Persian Gulf Strait Authority" - the new entity announced. Of...

Europe's Deindustrialization vs America's Quiet Investment Boom Submitted by Thomas Kolbe German Chancellor Friedrich Merz appears disoriented, whiny-apathetic, and remarkably weak in leadership these days. Perhaps the chancellor senses that the project of his political generation is entering its final phase. Is he aware that the construction of eco-socialism has failed? That both his reckless debt policies and Germany’s rapid deindustrialization are consequences of this ideological insanity? The fact that Friedrich Merz still found the audacity — despite the catastrophic domestic political and economic situation at home — to publicly accuse...

Israel continued its offensives in southern Lebanon over the weekend, including operations around Beaufort Castle, which they presently occupy. The IDF reported that those operations involved an attack on Hezbollah fighters at Ali Taher Ridge. “The soldiers struck the terrorists and eliminated them in order to remove the threat,” was the official statement on the matter. […]