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William Ruto’s controversial tax reforms have led to weeks of unrest in Kenya Kenyan President William Ruto has dismissed all of his cabinet ministers and vowed to form a new government, following…

India has dismissed claims that there was friction during the PM’s visit to Russia The bilateral meeting between Indian Prime Minister Narendra Modi and Russian President Vladimir Putin was “very successful,” a…

Kiev’s backers are concerned about growing public discontent with Vladimir Zelensky in Ukraine, an SVR agent has claimed Ukraine’s Western backers have stepped up efforts to find a replacement for Vladimir Zelensky,…

Wall Street Reacts To Today’s Dovish CPI Shock: “It’s Time To Cut” In retrospect, what is happening was obvious to anyone with half a brain. Back in April, when CPI prints were…

The Christian Democrats would put the country’s own citizens first, CSU chief Markus Soder has vowed The Christian Democratic Union (CDU) government, should it come to power in Germany, would stop paying…

Moscow is open to dialogue with Kiev but needs to know exactly what would be on the agenda, spokesman Dmitry Peskov has said There must be an understanding about what the exact…

A man suspected of planning to attack an Orthodox chapel has been arrested by the FSB in the southern region of Adygea Russia’s FSB security service says it has prevented a terrorist…

Japan Intervenes In FX Market To Crush Yen Shorts After Dovish CPI The yen – that favorite asset of momo chasers and Mrs Watanabes everywhere – exploded more than 2% against the…

Mali has announced it is lifting the restriction adopted in the spring Mali’s interim government has revoked its suspension of political party activities imposed several months ago, the council of ministers said…

Trump Puts Spotlight On Rubio At Florida Rally Amid VP Speculation Authored by Eva Fu via The Epoch Times (emphasis ours), Sen. Marco Rubio (R-Fla.) joined former President Donald Trump at a…

The group of developing economies should act together to strengthen their global influence, the Russian president has said Members of the BRICS economic group could establish their own parliament in the future,…

Watch: Black Smoke Billowing Out Of Rouen Cathedral In France  A 12th-century medieval cathedral in Rouen, northern France, was evacuated Thursday after black smoke billowed from the scaffolding around its spire. Reuters reported…

Surveying The Post-CPI Market Carnage… First things first, rate cut expectations are soaring after the deflationary CPI print… July rate cut expectation remain subdued though for now… Which smashed Treasury yields lower,…

Initial Jobless Claims ‘Plunged’ Last Week By Most In 10 Months Initial jobless claims plunged from near one-year highs to two month lows last week at 222k (well below the 235k expectation)….

The loss of global influence during the Ukraine conflict may push the West to take “reckless” steps, Aleksandr Dynkin from the Russian Academy of Sciences has warned The world is “standing on…

The Heritage Foundation’s Mike Howell called the hacktivists ‘degenerate perverts’ and threatened to ‘out’ them in response A group of self-proclaimed “gay furry hackers” has claimed responsibility for breaching the data servers…

Vision Pro’s Success Hinges On Cheaper Version As Consumers Balk At $3,500 Price Tag Apple’s augmented reality headset, the Vision Pro, costs $3,499 and was released earlier this year during a period…

The singer has performed at a ceremony for the son of India’s richest man, Mukesh Ambani Popstar Justin Bieber has triggered controversy in India by charging its richest man, Mukesh Ambani, $10…

The EU has pledged to give Ukraine €2.5-3 billion annually from the interest earned on Russian assets immobilized in the bloc Ukraine will spend the profits it receives from the frozen Russian…

Futures Dip Ahead Of “Very Good” CPI After the S&P closed up the first 7 trading days of July, US equity futures are down small following yesterday’s last hour meltup rally and…

Pfizer Shares Advance On “Encouraging” Data From Once-Daily Weight Loss Pill  Shares of Pfizer Inc. are rising in premarket trading in New York following news that the drugmaker is progressing with its…

Moscow needs to take “thoughtful, coordinated, and effective” measures to contain NATO, presidential spokesman Dmitry Peskov has said Russian policymakers are considering making adjustments to the country’s nuclear doctrine in response to…

Consumer Prices ‘Deflated’ Most Since COVID Lockdowns In June; Core Prices Continue To Rise Expectations for more ‘evidence’ of a return to disinflationary trends were high heading into today’s CPI and they…

Defense chief Boris Pistorius says the recently announced deployment will give Berlin time to develop similar weapons of its own The deployment of US long-range missiles to Germany will allow Berlin time…

Moscow views Washington’s move as a method of intimidation, its Deputy Foreign Minister has said Russia will calmly prepare a military response to US plans to station long-range missiles in Germany, Deputy…

Russian Deputy Foreign Minister Mikhail Bogdanov has held talks with the Senegalese president and minister of African Integration in Dakar Russian Deputy Foreign Minister Mikhail Bogdanov was received in Dakar by Senegalese…

European Council President Charles Michel says the reaction to Viktor Orban’s Ukraine “peace mission” to Russia should be measured European Council President Charles Michel has warned EU member states against formally retaliating…

There’s not a single functional medical facility left in the enclave, while the direct and indirect death toll could be approaching 200,000 While the United States government attempts to lecture the world…

Kudlow On Trump’s Pro-Growth, ‘America First’ Platform Authored by Larry Kudlow via RealClearPolitics.com, Forget the Biden circus — the real headline story today is a pro-growth, “America First” Trump platform a week…

The spire of a famous church in Rouen has erupted in flames, according to the city’s mayor France’s famous Rouen cathedral has caught fire, the city’s mayor, Nicolas Mayer-Rossignol, has reported on…

How Satisfied Are Americans With Their Finances? Global governments extreme monetary and fiscal responses to the coronavirus pandemic (and its actual logistics issues), and the war in Ukraine were and still are the main drivers…

A futuristic device that reportedly offers a “euphoric death” was due to be deployed for the first time this month Switzerland has banned a new assisted suicide device dubbed the “Tesla of…

Paris may still have plans to covertly send a contingent to fight for Kiev, an agent has claimed Russia’s Foreign Intelligence Service (SVR) has declassified a report by an operative who stated…

The Hungarian PM is on a “peace mission” to end the Ukraine conflict, a task the former US leader says he’ll fulfill “within 24 hours” Hungarian Prime Minister Viktor Orban will hold…

Netanyahu Has Altered Travel Plans Due To ICC Warrant The controversial arrest warrant of the International Criminal Court (ICC) has actually altered the travel plans of Israeli leadership, Kan public broadcaster and…

Sweden Calls On NATO To Focus On China To Placate Trump Authored by Kyle Anzalone via The Libertarian Institute, As members of the North Atlantic Alliance gather in Washington DC to celebrate…

The country’s infrastructure ministry has had $16.6 million stolen over the past decade, an official has revealed Hackers have stolen 300 million rand ($16.6 million) from the South African Department of Public…

Washington’s announcement could revive the arms race and deal a blow to global stability, Ambassador Anatoly Antonov has said US plans to deploy long-range missiles in Europe are a threat to global…

The former US House speaker has implied that the president’s decision to stay in the election race after his debate debacle is not final Former US House Speaker Nancy Pelosi has said…

Beijing has dismissed the military bloc’s claim that it is shoring up Moscow’s defense industry as “provocative lies” NATO has accused China of being a “decisive enabler” of Russia’s military campaign against…

Anarchy In The UK Authored by Joakim Book via The Mises Institute, Anarchism [an·ar·chism] n.  1. “a political theory holding all forms of governmental authority to be unnecessary and undesirable and advocating a society based on…

Saudis Order 100 Air Taxis From German Startup, Reuters Says Air taxi firm Lilium has won a major order from state-owned Saudi Arabian airline Saudia, according to Reuters, citing sources.  Saudia has signed a…

Switzerland Becoming A Hub For The Nuclear Revolution Via BFI Capital, In the beginning of July, the Paul Scherrer Institute (PSI), Switzerland’s largest research institute for natural and engineering sciences, and Copenhagen…

Duty-free trade would reduce product costs for Indian farmers, a leading agrochemical company has said Russia’s top fertilizer producer PhosAgro has called on India to lift a 5% import duty to ensure…

The proclamation that Kiev’s movement towards membership is “irreversible” demands a response, the ex-Russian president has said NATO’s declaration that Ukraine’s eventual membership of the US-led military bloc is “irreversible” means that…

The outlet is among the foreign-funded NGOs working to discredit the government, prosecutors have claimed The Moscow Times, a Dutch-based news outlet that originated as a newspaper for English-speakers in the Russian…

Any events promoting Vladimir Zelensky’s formula for settling the conflict are nothing but a “fraud,” Deputy FM Mikhail Galuzin has said Russia has no plans to attend any new summit on Ukraine…

NATO Countries Closest To Russia Up Defense Spending Authored by Andrew Thornebrooke via The Epoch Times, The nations on NATO’s easternmost flank are investing record amounts on defense in order to deter…

The capital of the Palestinian enclave will be “a dangerous combat zone,” the Israeli army has warned The Israel Defense Forces (IDF) has instructed all remaining residents of Gaza City to flee south…

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post…

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And…

Modi’s Trip To Moscow Was Much More Important Than Most Observers Realize Authored by Andrew Korybko via Substack, Indian Prime Minister Narendra Modi just completed his first trip to Russia in half…

Cocoa Grinding Estimates Suggest Demand Destruction Nearing  With cocoa prices hovering over $8,000 a ton in New York, the long-anticipated demand destruction for cocoa is finally approaching. New estimates indicate that global bean…

China: The Helpless Giant Authored by James Rickards via DailyReckoning.com, Myths die hard. Among these is the great myth that China’s poised to take over the world. Today I’ll debunk that myth….

What Taxes Must Be Paid When You Have A Trust? Authored by Mike Valles via The Epoch Times (emphasis ours), When you create your estate plan, consider setting up a trust to…

KFC Now Serving Halal Chicken, Removing Pork From Menus In Ontario Kentucky Fried Chicken restaurants in Ontario are all now “Muslim-friendly”, with halal chicken and no pork on their menus, according to a…

Canada Has Become The “Car Theft Capital Of The World”, Interpol Warns This summer, Interpol ranked Canada among the top 10 worst countries for car thefts out of 137, a “remarkable” achievement…

Why Gavin Newsom Must Never Become US President Authored by Edward Ring via American Greatness, As President Biden’s age threatens to derail his reelection campaign, waiting in the wings and trying not…

Homes In California’s Big Cities Cost 10 Times More Than Average Income Authored by Jill McLaughlin via The Epoch Times, Buying a home in California slid further out of reach for many…

The US-led alliance has promised to leave an open door for new potential members in Europe NATO has reaffirmed its open-door policy on Wednesday, saying that it will continue to welcome other…

Is Saudi Arabia Set On Becoming A Global Gas Leader? Authored by Simon Watkins via OilPrice.com, Saudi Arabia aims to become a major gas exporter by 2030, as part of its ‘Vision…

Kiev’s current terms are a complete non-starter, a senior Russian diplomat said Ukraine must assume a more rational position for the peace negotiations to resume, Russian Deputy Foreign Minister Andrey Rudenko has…

President Trump will speak at the Bitcoin 2024 conference in Nashville, Tennessee. [SOURCE] I never expected to travel the world of a dollar-based central bank digital currency implementation.  Two years ago, I…

‘Boots On The Ground’ In The World’s Bitcoin Paradise Authored by James Hickman via SchiffSovereign.com, [Editor’s note: This letter was written by Schiff Sovereign’s CEO, Viktorija Simulynaite, who is on the ground…

Stranded Astronauts On ISS Still ‘Confident’ In Issue-Plagued Boeing Starliner Astronauts Butch Wilmore and Sunita Williams have been living on the International Space Station (ISS) for over a month after their Boeing Starliner spacecraft…

The Nationwide 500,000 EV Charger Charade Authored by Geoffrey Pohanka via American Greatness, The word charade has several meanings, and including an act or event that is clearly false (Cambridge Dictionary), something…

Et Tu, Zelensky? Ukrainian Leader ‘Concerned’ About Biden’s Health The White House is likely asking: Et tu, Zelensky?… after the Ukrainian leader has belatedly voiced concerns over Biden’s health in the wake of his…

Nationalism: The Great Rethinking Authored by Jeffrey A. Tucker via The Epoch Times (emphasis ours), The year was 1882 and the speaker at the University of Paris, Sorbonne, was the essayist and…

Kiev has already sealed similar deals with several NATO members, including the US and Britain Kiev signed a security deal with Luxembourg on Wednesday, with Ukrainian leader Vladimir Zelensky describing the agreement…

“Vast DEI Bureaucracy” Negatively Impacting US Armed Forces; University Study Finds By Cemeron Arcand of TheCenterSquare Diversity, Equity and Inclusion efforts in the United States military are ineffective, a new Arizona State University…

Senators Strike Deal To Ban Stock Trading By Members Of Congress A bipartisan group of senators including Josh Hawley (R-MO) on Wednesday came to an agreement on a renewed effort to ban…

There’s a lot of political newbies around, so some background is needed first.  Most people don’t know but, George Clooney was being groomed by the same people who groomed Barack Obama, for…

The Ukraine conflict demands much more money, Jim Risch (R-Idaho) has said The conflict in Ukraine has revealed problems with war-related industrial production in the West that need to be fixed, US…

The outlet had claimed Moscow was behind “sabotage attacks” in NATO countries Allegations by anonymous Western officials of a Russian sabotage campaign in Europe are dubious and unfounded, Kremlin spokesman Dmitry Peskov…

Lots going on today. For those who thought that bygones would be bygones, well, you don’t have to worry about a Trump-Haley ticket. Heck, you don’t even have to worry about seeing…

Democrats are “not going to win in November with this president,” the Hollywood star has warned Joe Biden should withdraw from the presidential race ahead of the November election, Hollywood star and…

The Australian Securities and Investment Commission (ASIC) is another failed government police force that is meant to keep the Australian financial industry accountable. But ASIC has been a huge failure with bankers…

Stock Fragility Is The Highest On Record One way to describe the recent action in tech stocks (and Mag7 in particular) is one constant, unyielding meltup triggered by a short and gamma…

Joe Biden’s Cognitive Issues Are Destined for the Memory Hole Authored by J. Peder Zane via RealClearPolitics, There will be no reckoning among Democrats and their media lapdogs regarding their years-long effort…

Stocks Panic-Bid Ahead Of CPI As Biden’s Nomination Odds Re-Plunge Another day, another 0-DTE dominated melt-up… Source: SpotGamma NVDA and TSLA dominating the options trading… and all 0-DTE! Source: Bloomberg Which levitated…

One of the missile systems slated for deployment to Europe does not exist yet The US will station long-range missiles in Germany from 2026 onwards, the governments of both countries have announced….

The War On Free Speech: Biden Adds Another Advocate For Censorship To White House Authored by Jonathan Turley, I have previously written how President Joe Biden is the most anti-free speech president…

The Pennsylvania County That Just Might Be 2024’s ‘Ground Zero’ Authored by Salena Zito via RealClearPolitics, ERIE, Pennsylvania — Despite 40,000 people leaving this city since 1970 (10,000 of them between 2000…

Uranium Stocks Soar As New Mineral Tax In Kazakhstan Will Drive Higher Uranium Prices Uranium mining stocks soared on Wednesday after a surprise hike in extraction taxes in Kazakhstan, the world’s largest…

Fiscal Dominance Is Here Authored by Michael Lebowtiz via RealInvestmentAdvice.com, As quoted below from an executive summary of a joint report by the Department of Treasury and the Office of Management and…

America’s intelligence agencies have alleged for the third election in a row that Moscow favors Donald Trump Russia is attempting to sway the US presidential election in favor of Donald Trump, American…

Elon Musk Defeats $500 Million Lawsuit Over Twitter Mass Layoffs Authored by Tom Ozimek via The Epoch Times, A California judge handed Elon Musk a win in a lawsuit filed over the…

Still In The “First Or Second Innings” Of CRE Tower Storm   While politics and geopolitics dominate the headlines—whether it’s Joe Bien’s mumbling and stumbling or the risks of World War III in Eastern…

Apple Expects 10% Rise In New iPhone Shipments On Hopes Of AI-Driven Upgrade Cycle The highly anticipated debut of the Apple iPhone 16 is likely a few months away. Traditionally, iPhones are unveiled in…

“Partisan Mischief”: North Carolina Democrats Vote To Block Third-Party Candidates From Ballots Authored by Jonathan Turley, Months ago, I wrote a column about how Democrats have continued to try to block voters from being…

The tech titan’s stock has soared since it unveiled artificial intelligence features for its devices last month US consumer electronics giant Apple on Wednesday retained the position as the world’s most valuable…

Political analysts discuss with RT how the election of President Masoud Pezeshkian will impact the Islamic Republic, the region and the world Last week, it became clear that Iran’s conservative turn, which…

Following bilateral talks, Moscow and New Delhi have outlined plans to further boost economic ties and expedite projects that could reshape the Eurasian geopolitical landscape Prime Minister Narendra Modi’s two-day visit to…

The bloc will reportedly pledge more money for Kiev and support for EU integration instead NATO will once again stop short of inviting Ukraine to become a member, but will acknowledge the country’s desire…

Denis Shmigal may soon be removed as head of government, Ukrainskaya Pravda has reported Ukrainian Prime Minister Denis Shmigal could soon be replaced, leading domestic news outlet Ukrainskaya Pravda claimed in a…

Solid 10Y Auction Stops Though With Most Direct Bidders Since October One day after a stellar 3Y auction, moments ago the Treasury sold $39BN in a 10Y reopening of 9-Year, 10-Month cusip…

The End Of Restaurants As We Know Them? By Peter Earle of the American Institute of Economic Research Since the start of 2024, numerous well-known restaurant chains have announced sizable closures and…

Harvard Class On Byzantine Empire To Study “Trans Monks” And “Genderless Angels” By Emma Dayton of CampusReform A Harvard University course this fall semester will study “trans monks,” cross-dressing, “genderless angels,” and…

F-16 Fighter Jets Now On Their Way To Ukraine, White House Says American-made F-16 fighters jets are currently on their way to Ukraine, Secretary of State Antony Blinken announced Wednesday during a…

Israel’s diaspora affairs minister backed the French leader’s right-wing opponents ahead of last weekend’s vote French President Emmanuel Macron has called Israeli Prime Minister Benjamin Netanyahu to complain about “unacceptable” interference in…