Huge Parallel Pro-Iran Demonstrations Take Over Sanaa & Tehran 

Israeli strikes continue in southern Lebanon, albeit it at a somewhat slower pace over the past week. Two more Lebanese were killed and four wounded in the past 24 hours, according to Health Ministry officials, who put the total war toll at 4,304 people killed and 12,203 wounded since Israel’s invasion in early March. Media […]

Mideast Chaos Sends Supertanker Rates Soaring To $800,000 A Day Supertanker rates on the Baltic Exchange's benchmark Middle East-to-China shipping route have surged to a staggering $800,000 a day. With US forces having destroyed five Iranian-linked tankers and Tehran threatening further escalation in recent days, prospects for near-term stabilization remain limited. The freight surge signals that crude oil and refined products continue to flow but are becoming increasingly costly to transport out of the Gulf region to global markets. According to Bloomberg, US Gulf-to-Asia shipments on very large crude carriers average...

All Socialists Are Ignorant, But Some Are More Ignorant Than Others... Authored by Lloyd Billingsley via AmericanThinker.com, In The Law, published in 1850, Frédéric Bastiat made a case against “legal plunder,” the perversion of the law to violate liberty and property rights. Nearly 100 years later in The Road to Serfdom, Friedrich Hayek warned that socialists, whatever their intentions, lacked the knowledge to command the economy. Hayek also explained how the worst always get on top in socialist regimes, and after the German National Socialists’ Anschluss in 1938, he did not return to his native...