Last week, the European Central Bank (ECB) held its key interest rate steady at 2.25 percent, despite the resumption of the Iran War and the resulting spike in oil prices over $100 a barrel.
Category: 28 July 2026
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RENEWED WAR BRINGS ENERGY CRISIS CLOSER, IEA WARNS
Renewed bombardment along the Persian Gulf has brought a global oil shortage even closer, the International Energy Agency (IEA) has warned.
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TRUMP LAYS NEW TARIFFS ON 60 COUNTRIES
Donald Trump has imposed tariffs of 10 to 12.5 percent on 60 countries, encompassing 99 percent of U.S. foreign trade to punish the countries for not doing enough to fight the use of forced labor around the world.
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GOING OUT OF BUSINESS TRENDS
The economic slowdown continues to spread from Wall Street to Main Street as a growing wave of closures, layoffs, and downsizing hits a wide range of industries from manufacturers and retailers to restaurants, schools, healthcare providers, and distribution centers.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The job market continues to send troubling signals as major corporations across finance, technology, manufacturing, retail, transportation, and media slash thousands of positions.
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WHY THE BLANCHE NOMINATION SHOULD BE REJECTED
Deputy Attorney General Todd Blanche is not qualified to be the attorney general of the United States because he has demonstrated a hopeless conflict between the rule of law – which he has taken an oath to support – and his sense of personal loyalty to President Donald Trump, whom he represented for several years in a notorious but frivolous criminal case in New York.
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TRUMP SEES WEALTH BALLOON IN SECOND TERM, DRIVEN BY CRYPTO
President Donald Trump’s wealth surged during his second term and ballooned by $2.24 billion in 2025, as critics accuse the president and his family of using the White House for self-enrichment.
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TRUMP’S WARS ENRICH THE MILITARY INDUSTRIAL COMPLEX
Some of the world’s richest weapons manufacturers have been keen on investing in military startups since the beginning of the year in anticipation of more war and the need for cheaper technology in the future, according to a report in the Financial Times.
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TRUMP IN AN ‘IMPOSSIBLE CONUNDRUM’ IN THE STRAIT OF HORMUZ, MILITARY EXPERTS SAY
President Donald Trump announced the memorandum of understanding (MOU) with Iran in June by telling shipping companies that the Strait of Hormuz is open for business, but has since failed to deliver on that promise, and now finds himself in an “impossible conundrum” in the waterway, according to military officials.
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GAZA/LEBANON DEATH TOLL
Israel has killed at least 73,333 Palestinians and wounded another 174,023 since the start of its genocidal war in Gaza in October 2023.