Talking about a “rules-based order” won’t overcome Washington’s hypocrisy problem. U.S. President Joe Biden frequently speaks of the global contest between autocracy and democracy, but Vice President Kamala Harris prefers discussing the need to promote […]
Biden’s embrace of Trump-era tariffs is emblematic of a broader change in U.S. thinking on trade—and toward China. Shortly before the U.S. presidential race turned upside down (the attempted assassination of Republican nominee Donald Trump) […]
After 16 years of delays, a joint project to mine copper sees new momentum. But significant challenges remain. Three years after seizing power in Afghanistan, the cash-strapped Taliban are desperate to finally unlock the country’s […]
The region has been mishandled by the Biden administration—and could easily become a campaign vulnerability. As multiple crises flare, and as her Sept. 10 debate with former U.S. President Donald Trump approaches, Vice President Kamala […]
Russia is probing NATO with attack drones and missiles. Ignoring them is a dangerous option. In the early hours of Sunday, Sept. 8, a Russian drone flew into Romanian airspace during a nighttime attack on […]
Who cares what happens on the Titanic “15 minutes before the iceberg,” the Foreign Ministry’s spokeswoman has said The US presidential debate between Donald Trump and Kamala Harris lacked substance and was largely irrelevant considering […]
The European single currency could drop by 7% versus the US dollar due to a risk of major rate cuts, the US banking giant says The euro currency is expected to slide toward parity […]
California residents are once again struggling with blackouts after people lost electricity during a heat wave this past weekend. California residents are once again struggling to keep the lights on after as many as 50,000 […]
Second month-to-month acceleration in a row. Year-over-year, Core CPI and Core Services CPI show first acceleration since March. By Wolf Richter for WOLF STREET. On a month-to-month basis in a most unwelcome development, “core services” re-accelerated for the […]
Crude oil prices went down today after the Energy Information Administration reported an estimated inventory build of 800,000 barrels for the week to September 6. This compared with a draw of 6.9 million barrels for the previous week, which […]
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