Six Nuclear Bills Clear House Committee Without A Single 'No' Vote

Saudi airstrikes hit a market in Yemen’s Taiz province on Sunday, killing at least seven people and wounding 40, including five children, according to Ansar Allah officials and Yemeni media reports. Footage from Yemen’s Al Masirah TV shows the aftermath of the strike, which hit several shops, and Yemeni civilians being treated for their wounds. […]

The Great Repression Authored by Robert Burrows via BondVigilantes.com, Across much of the developed world, governments are spending an increasing share of their tax revenues servicing debt. Source: Federal Reserve Economic Data The era when debt could rise indefinitely while interest costs remained low appears to be ending. Source: Bloomberg The second chart hints at how this problem may be confronted. Over the last fifty years, debt-to-GDP has risen relentlessly while real interest rates have generally moved in the opposite direction. That relationship is unlikely to be accidental. Highly indebted governments and persistently high real interest...

Iranian Media Reports Pier Struck Near Bandar Abbas After Mystery Explosions, Drone Activity Summary Hostile activity, explosions reported on Iran's southern coastal area along Hormuz. Possible US military activity reported. The Trump admin mulls restarting operation to guide ships through the Strait of Hormuz with naval and air support as early as this week after Saudi Arabia and Kuwait lifted restrictions on US access to their bases and airspaces Iran national security commission 'red line': No uranium has left the country; The right to enrich uranium, the complete lifting of sanctions, and the release...