The U.S. has had a hard time replenishing aircraft carriers in the Middle East region after Iran managed to knock out a U.S. base in Bahrain during an early drone attack and the U.S. has been forced to use Diego Garcia, an island in the Indian Ocean 2,000 miles away, as a hub to provide food for sailors, The New York Times reported.
Scott Bessent, the U.S. Treasury secretary, said in an interview last week that Washington plans to use economic tactics on Iran that will force the country to relent and agree to the Trump administration’s terms to end the war.
President Donald Trump said last week that the U.S. has “total control over the Strait of Hormuz” as negotiations with the Iranians hit a roadblock, prompting Tehran to essentially close the vital waterway.
A newly released poll found that just 33 percent of Americans approve of the job the Supreme Court justices have been doing, with the largest drop coming from Republican voters
A newly released Ipsos/Reuters poll found that 33 percent of respondents said they believe Democrats would do a better job with the economy than Republicans, which is problematic for the GOP as the November midterm elections loom.
Let's cut right into this. The financial consequences and failure to capture a victory for the US in this war with Iran are just beginning to migrate from geopolitics… directly into markets.
The Federal Communications Commission (FCC) voted last week to remove any limits on the size of the broadcast airwaves a company can own after Brendan Carr, the head of the commission, called the old policy “outdated.”
Despite both the White House and Tehran appearing to take a more hardline position regarding the Strait of Hormuz in recent days, the top defense official from Pakistan told reporters that “things are shaping up again in favor of a peace arrangement or a deal,” according to Bloomberg.
The war in Iran is unlawful and unconstitutional, but in post-World War II America, it is normal. Here is the backstory.
Susan Wachter, a professor of real estate and finance at the Wharton School of the University of Pennsylvania, penned an article last week that said the American Dream is becoming harder to achieve for young Americans and is being replaced by the “Great Postponement.”