U.S. and global oil and gas prices surged higher Monday as concerns grew that attacks by Israel and the U.S. on Iran could spiral into a broader war and disrupt global energy supplies. The U.S. and Israel launched strikes on Iran on Saturday that killed Supreme Leader Ayatollah Ali Khamenei and dozens of other senior government officials while talks between Washington and Tehran over the Islamic Republic’s nuclear program were reported to be ongoing. European benchmark Brent crude oil surged by as much as 13% in early trade on Monday,…
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New Mexico Begins Investigating Allegations of Abuse at Epstein’s Zorro Ranch Property. As victims of Jeffrey Epstein’s multinational sex trafficking operation continue to push for justice, New Mexico authorities look into allegations of buried bodies at Epstein’s Zorro ranch, about 30 miles from Santa Fe. In other news, a study finds that the right cognitive training can reduce dementia risk over two decades, and California’s mental health diversion is applied to a perjury case involving a retired California Highway Patrol officer. Last week, New Mexico lawmakers approved an investigation into…
The European Union is urging a “diplomatic solution” on Iran as top EU diplomats are set to meet with the director of US President Donald Trump’s newly-created Board of Peace, and Trump continues to threaten strikes on Iran. “We don’t need another war in this region. We already have a lot,” EU foreign policy chief Kaja Kallas said Monday. “It is true that Iran is at its weakest point that they have been. We should be really using this time to find a diplomatic solution.” Working with the Board of…
Wielding a golden gavel and a playlist featuring the Beach Boys, Donald Trump ushered in a new era of international humiliation at the inaugural meeting of the U.S.-led Board of Peace. The new body, while established by Trump, has been tasked by a UN Security Council resolution to administer Gaza’s reconstruction efforts. But Trump has also suggested his ambitions for the board go far beyond Gaza, saying it would “almost be looking over the United Nations and making sure it runs properly.” Trump has demanded that world leaders pony up…
Japanese companies will finance investments valued at $36 billion in energy and minerals projects in Ohio, Texas and Georgia as part of a trade agreement that will cut U.S. tariffs on Japanese imports to 15%, according to the Trump administration. The announcement is part of Japan’s 2025 agreement to invest $550 billion over the next four years at the direction of the U.S., with the funds aimed at rebuilding and expanding core American industries. In October, the Trump administration provided details on Japanese investments of up to $332 billion to…
Iranian Foreign Minister Abbas Araghchi said Tehran has briefed Moscow and Beijing on the details and progress of its negotiations with Washington over differences regarding Iran’s nuclear program, Russian media outlet RIA Novosti reported Monday. A Chinese expert said the move reflects routine coordination under the strategic partnership and shows Iran actively seeking support and balance amid a complex geopolitical environment. A day earlier, Iranian Deputy Foreign Minister Kazem Gharibabadi wrote on social media platform X that he had held meetings with the Chinese and Russian ambassadors in Tehran following…
A quiet but profound shift is reshaping the geopolitical map of South America, as revealed by an exclusive Reuters report, “Brazil signals new openness to Mercosur-China talks as Beijing seeks deeper ties”: For the first time, senior Brazilian officials are considering a push for a “partial” trade agreement between the Mercosur bloc and China. This represents a major shift for Latin America’s largest economy. While Washington is busy raising tariffs and fortifying protectionist walls, countries in the Western hemisphere are recalculating their survival strategies. The result? A pragmatic reassessment of…
The Alaska Division of Homeland Security and Emergency Management director updated lawmakers, and outlined a “significant cleanup mission” planned for this summer. Rep. Nellie Jimmie, a Democrat from Toksook Bay, broke down in tears recounting her experience there the night ex-Typhoon Halong made landfall on the west coast of Alaska in October. “We didn’t sleep the whole night, and this was the first time I’ve ever felt so helpless, where I knew I couldn’t protect my own daughter,” she told fellow lawmakers at a joint hearing with the House Tribal…
In January 2026, the death of Renée Good, a mother of three in Minneapolis, by an Immigration and Customs Enforcement (ICE) agent, and the subsequent fatal shooting of Alex Pretti, a 37-year-old nurse, by federal agents, sparked outrage and protests within the US. Nobel laureate Daron Acemoglu of Massachusetts Institute of Technology swiftly diagnosed the malady in a Project Syndicate piece. This could be “a turning point,” he declared. The killings represented “a key distinguishing feature of authoritarian governments” – the ability to deploy excessive force against opponents. The Trump…
Few ideas in global finance generate as much anxiety as de-dollarization. To some Western observers, any attempt to reduce reliance on the US dollar is automatically framed as a political challenge to American power. Yet for much of the developing world, the conversation is far less ideological and far more practical. The push to diversify global payment systems and promote the use of local currencies is not about confrontation; it is a response to economic realities that many countries have lived with for decades. The dominance of the dollar has…