Trump Bans CNN, MSNBC And Politico From White House

'Weeks Inside Highly Fortified Bunkers': Report Details Painfully Slow Communication Within Iran's Leadership According to a Sunday CBS News report citing US officials, Iran's Supreme Leader Mojtaba Khamenei is still in hiding in a secret location with extremely limited communication to the outside world. Driven underground by a pervasive fear within Tehran's remaining leadership structure following relentless US and Israeli military strikes, the Supreme Leader is effectively isolated. This information is nothing 'new' - but even as talks with the US are now little by little reportedly proceeding - and as...

Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN Over the long weekend, we reported that with traffic across the Hormuz strait continuing to rise, and reaching the highest since the war began, one particularly favorable development was Iran's permission for Iraqi ships to use the Strait. We also noted that this declaration had the potential to unleash as much as 3 million barrels a day of Iraqi oil cargoes. That said, there was the caveat that it was not immediately clear...

One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.