The Trump administration’s newly announced ‘Economic D-Day’ sanctions against Iran are tantamount to “crimes against humanity” and “economic terrorism,” according to the Iranian Foreign Ministry.
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‘ACT OF WAR’: IRAN TRIES TO DISSUADE COUNTRIES FROM SUPPORTING U.S. ‘D-DAY’ SANCTIONS
Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said Sunday that Tehran will treat any country’s effort to back President Donald Trump’s ‘Economic D-Day” against Iran as an act of war.
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ISRAEL’S TOP SECURITY OFFICIAL SAYS IDF SHOULD KILL BETWEEN 30 TO 40 PEOPLE IN GAZA EVERY NIGHT
Itamar Ben-Gvir, Israel’s national security minister, told a podcast that he believes Tel Aviv should kill between “30 to 40” Palestinians every night because some people “aren’t worthy of life…they aren’t people at all,” according to Anadulo.
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ISRAEL STEALING WEST BANK LAND: PUTS ITS POLICE IN CHARGE
Israel Katz, the Israeli defense minister, announced last week that policing powers in the West Bank will be shifted from the IDF to Israeli police to prepare for what he called the “expected welcome increase in the number of settlers” in the region, according to the Financial Times.
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ISRAEL CONTINUES DESTROYING LEBANON
The IDF has been destroying large swaths of southern Lebanon and the 1.2 million displaced residents from the region have been forced to keep updates on their homes and neighborhoods by referring to satellite images, according to the Financial Times.
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TRADERS ARE ABANDONING CRYPTO FOR AI IN PAST YEAR: REPORT
Some traders who were once excited about the potential for cryptocurrencies to surge in value and turn small investments into fortunes have begun abandoning crypto in favor of AI stocks, with one former crypto investor telling The Wall Street Journal that he feels like a “caveman who found fire.”
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MEN ARE LEAVING THE U.S. WORKFORCE, THREATENING SOCIAL STABILITY
The workforce participation rate among men ages 16 through 54 – the prime working age span – has fallen to 66.8 percent, the lowest since 1948, according to the Bureau of Labor Statistics.
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THE BULLS RETURN TO WALL STREET
Investors once again are shrugging off concerns that AI will wipe out the software industry and that AI-related stocks are overvalued and buying back into tech shares, the Financial Times reported.
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U.S. GOVERNMENT’S LONG-TERM BORROWING COST HIGHEST IN 25 YEARS
To sell its latest round of 30-year treasury bonds last week, the U.S. treasury had to offer the highest interest rate since 2001.
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RETAIL SALES DECLINE IN JULY, FIRST TIME SINCE OCTOBER
In July, U.S. retail sales fell 0.6 percent, measured in dollars, marking the first retreat in nine months and the largest drop in 14 months.