Xi At WH: We Should Strengthen Communication, The Thucydides Trap Can Be Overcome

Money-Supply Growth Accelerated In July To A 59-Month High Authored by Ryan McMaken via The Mises Institute, Shortly after becoming the new Fed chairman, Kevin Warsh has admitted that it's been more than five years since the Federal Reserve hit its two-percent price-inflation target. Warsh has also claimed that he'll change that, and he'll bring down price inflation very soon. But if Warsh is serious about price inflation he's going to have to make some pretty substantial changes. After all, the Fed's preferred price-inflation measure (core PCE) was up by 3.7...

Japan's Electricity Prices Surge 25% As LNG And Coal Costs Soar Authored by Tsvetana Paraskova via OilPrice, Japan's average power prices jumped by over 25% at the start of this week from the previous week amid soaring LNG and higher coal prices. The nationwide power price rose by over 25% week-to-week to $0.19 (31.15 Japanese yen) per kilowatt-hour (kWh) on Monday, Bloomberg reported, citing data from Japan Electric Power Exchange. Japan, one of the world's biggest LNG importers, this summer reduced gas-fired generation in favor of coal as the price of liquefied natural...

Trump Says Strikes To Expand Next Week After Iran Declares 'No Plans' For Talks Summary Trump threatens wider strikes unless Iran returns to talks - says attacks to 'expand' next week. Wednesday saw 5th strait day of US bombardment on chiefly Iranian coastal sites. Iran hits US-Gulf bases and warns on regional oil exports, says it is in 'control' of Hormuz Strait. No evidence de-escalation: Tehran rejects talks and vows more retaliation. Will the U.S. invade Iran before 2027? Yes 17% · No 83%View full market & trade on Polymarket *  *  * Trump: Strikes Will 'Expand' Earlier in...