Bessent Declares All Iran Airlines To Be 'Shut Down Around The World' Wednesday

Chinese Oil Demand Unexpectedly Soars, Sending Shanghai Crude Above $100, With Brent Prices Set To Follow One of the reasons why the price of oil failed to soar during the "actively kinetic" phase of the Iran war, when shipments through Hormuz were effectively halted and the world faced a shortage of about 10-15mmb/d, is that Chinese oil demand plunged. Whether due to a sharp slowdown in the economy (which after the sudden "recap" of China's banks appears very likely) or due to an aggressive drain of China's strategic reserve, the...

With some simple logic and using Hobbes’s own presuppositions and arguments, we can internally critique Hobbes’s argument for the state, namely, that the state solves none of the problems he presents.

Apple And DOJ In "Early Settlement Talks" Over 2024 Antitrust Lawsuit Apple and the U.S. Department of Justice are reportedly in early discussions to settle the government's 2024 antitrust lawsuit against the iPhone maker, though no agreement has been reached and no trial date has been set, Bloomberg reported today. Apple has made multiple settlement offers this year in an effort to resolve the case, but negotiations remain ongoing and could still fall apart. Neither Apple nor the DOJ commented. The lawsuit, originally filed under the Biden administration by the Justice Department...