Interest Rates and the Election
The Federal Reserve is in a tough spot. It expects to cut interest rates soon. But doing so before an election will yank the apolitical central bank directly into a…
China Prepares in Central Asia to Withstand Any Western Isolation Efforts | naked capitalism
Green berets are reportedly now present on the Taiwanese island of Kinmen a mere three miles off the coast of mainland China, and tensions continue to increase between Beijing and…
The Accidental Tax Cutter in Chief
The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric…
Inflation Cools in Eurozone, Nearing Central Bank’s Target
The annual inflation rate across most economies in Europe eased for the third month in a row, nearing the target set by the European Central Bank. Consumer prices in the…
What We Know About the Earthquake in Taiwan
A powerful 7.4-magnitude earthquake that rocked Taiwan during the morning commute on Wednesday was the strongest quake to hit the island in 25 years. It initially triggered forecasts of tsunami…
Zelensky Lowers Draft Age to Shore Up Ukraine’s Depleted Army
President Volodymyr Zelensky of Ukraine has signed into law three measures aimed at replenishing the ranks of his country’s exhausted and battered army, including lowering the age when men become…
Electric War Goes West – Depopulation Turns Into Displacement Turns Into Civil War in Galicia | naked capitalism
Yves here. John Helmer continues to describe how the Russian prosecution of the conflict, and in particular its focus on degrading and selectively destroying electrical supply, is central to what…
Opinion | Stephen Breyer: The Supreme Court I Served On Was Made Up of Friends
Recently, the Supreme Court justices Sonia Sotomayor and Amy Coney Barrett spoke together publicly about how members of the court speak civilly to one another while disagreeing, sometimes vigorously, about…
Disney’s Annual Meeting Will Include a Thrill Ride
“Disruptive and destructive.” That is how Disney has referred to the activist investors who are pushing for seats on its board and influence over its strategy. In return, the activists…
Opinion | Dengue Fever Is Surging and We’re Looking the Other Way
I hate mosquitoes so much that I bring my own bug repellent to parties. But in early March, on a trip with my partner to the idyllic island of Curaçao…