Posts by Swedan Margen
US Treasury chief does not see himself replacing Fed chair
Published Thu, Jun 12, 2025 · 06:56 AM [WASHINGTON] US Treasury Secretary Scott Bessent said on Wednesday that he wishes to remain in his current position, after a report emerged that he is a contender to succeed the Federal Reserve chair. Asked which role he would prefer, Bessent told the House Ways and Means Committee…
Read MoreOil prices jumps 4% to 2-month high as tensions rise in Middle East
[NEW YORK] Oil prices rose more than 4 per cent on Wednesday, to their highest in more than two months, after sources said the US was preparing to evacuate its Iraqi embassy due to heightened security concerns in the Middle East. Brent crude futures settled US$2.90, or 4.34 per cent, higher to US$69.77 a barrel. US West…
Read MoreEurope: Shares slip as markets unfazed by US-China deal
EUROPEAN shares saw their early gains evaporate, closing in the red on Wednesday, as the much-anticipated US-China trade talks offered scant details, despite promises of high-level agreements. The pan-European Stoxx 600 had risen following a cooler-than-expected US inflation report that eased tariff-related concerns and bolstered hopes for the Federal Reserve to cut rates. However, the index ultimately…
Read MoreSly Stone’s Political and Musical Awakening
In May of 1971, Marvin Gaye released what many consider to be his masterwork, “What’s Going On?” A song cycle told from the point of view of a Vietnam veteran returning to the United States after serving abroad, having witnessed all manner of suffering, violence, and injustice, it is not an entirely idyllic album. Yet…
Read MoreKatherine Rundell’s Fantastic Four
Katherine Rundell grew up reading about mythical creatures—Minotaurs and trolls, dragons and unicorns—in books by writers like J. R. R. Tolkien, Ursula K. Le Guin, Edith Nesbit, Diana Wynne Jones, and Philip Pullman. With the publication of “Impossible Creatures” (2024), the first book in her new children’s fantasy series, Rundell stakes her claim among these literary giants. Rundell, whose…
Read MoreTulsi Gabbard Bombs American History
Harry Truman made an entirely defensible decision. Basing our policies on denouncing him is a recipe for more tragedy, not less. Source link
Read MoreWho Was Arthur A? Austrian School Shooter Killed Neighbor’s Daughter During Rampage and Asked Mom to Take Care of His Beloved Cat
New details have emerged about the Austrian gunman who killed 10 people at his former school on Tuesday, revealing that one of his victims was a young girl who lived in his neighborhood. This came as the gunman was identified as 21-year-old Artur A. from a suburb of Graz. Arthur also left behind disturbing messages…
Read MoreWho Is Emiliano Garduno-Galvez? Anti-ICE Protester Who Hurled Molotov Cocktail at Police Unmasked as Illegal Immigrant Who was Earlier Deported
As the unrest from the Los Angeles riots carried on into Wednesday, authorities revealed that one of the protesters who attacked police with makeshift weapons was an illegal immigrant the demonstrators were rallying to protect. Emiliano Garduno-Galvez, an illegal immigrant from Mexico, was caught on video preparing the materials and then hurling a firebomb at…
Read MoreNo One Wants Another ‘Summer of Love,’ Right?
A combustible situation is set to unfold this weekend, and too many stakeholders have an interest in seeing it combust. Source link
Read MoreOil Prices Hit 7-Week High on US-China Trade Optimism and Tightening of Supplies
Oil prices rose to nearly their highest level in two months on Wednesday. The rally followed news that U.S. President Donald Trump had confirmed that an agreement had been reached with China on a trade deal, awaiting the sign-off by leaders of the two countries. The development raised hopes of reducing tensions between the world’s two biggest…
Read MoreGold Climbs on Softer Inflation Data as Fed Rate Cut Hopes Rise
A recent shift in sentiment across financial markets has offered some relief to investors who have been grappling with inflation concerns. Gold prices climbed on Wednesday after softer-than-expected U.S. inflation data weakened the case for an immediate interest rate hike. For many investors, the move comes as a breath of fresh air following weeks of…
Read MoreKaren Bass’s Imbecilic Riot Evasions
She wants the resistance to ICE to prevail. Source link
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