Trump Downplays North Korean Nuclear Weapons, Says Kim Likes and Respects Him

Russia & Ukraine Declare Ceasefires That Will Begin On Different Days Authored by Dave DeCamp via AntiWar.com, Russia said on Monday that it would observe a ceasefire with Ukraine on May 8 and May 9 to observe Victory Day, when Russia celebrates the Soviet Union's victory against Nazi Germany in World War II, but it’s unclear if the truce will hold, as Ukrainian President Volodymyr Zelensky responded by declaring a ceasefire that will start earlier. "As of today, there has been no official appeal to Ukraine regarding the modality of a cessation of hostilities...

Iran fired missiles at Israel in response to the IDF bombing Beirut. “The Islamic Republic of Iran has repeatedly stated that it will not tolerate violations of the ceasefire and aggression against Lebanon. Tonight, the aggressors received their response,” Mohsen Rezaee, the military adviser to Iran’s supreme leader, wrote on X. “This response is a warning […]

US Home Prices Drop For 3rd Straight Month Home prices in America's top 20 cities were expected to fall MoM for the 3rd straight month in April (the latest reported data from S&P Cotality Case-Shiller) and they did... but only marginally. Prices fell 0.04% MoM in April (less than the 0.10% decline expected), but the annual change rose modestly from +0.88% YoY to +1.14% YoY... Source: Bloomberg "Monthly price movements show seasonal strength masking underlying softness," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. The...