Iran Releases Footage Of Drone Swarm Attacks On Several 'US-Linked' Ships In Hormuz Strait

There was one sentence in Scott Bessent’s Monday sanctions announcement that gave the whole game away. Anyone who launders money for the Iranian regime, the Treasury Secretary warned, “will be removed from the US dollar system.” He meant it as a threat of annihilation. It is, instead, a confession of the policy’s central weakness. The […]

The Federal Reserve continues to destroy the economy’s savings base through a combination of artificially low interest rates and inflation. This war on savings will not end anytime soon.

Colombian Bonds, Stocks Rise As Trump-Backed "El Tigre" Defeats Socialist Rival Summary: Colombian Bonds, Stocks Rise as Right-Wing, Trump-Backed Espriella Wins Vote Trump-Backed "El Tigre" Wins Colombia Presidency As Socialist Era Ends Colombian Assets Rise After Trump-Backed Candidate Wins Presidential Election  Colombian-dollar bonds surged across the curve on Monday, led by notes due in 2054, as traders bet that right-wing Abelardo de la Espriella's presidential win will cut taxes, reduce spending, crack down on crime, and reopen the oil industry to unleash an energy revolution. The streets of Bogotá have erupted in celebration after it...