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Author: nick
Trump Shows Resolve as Iran Keeps the Stall Going Source link
The Strait of Hormuz sees more attacks: “In the latest incident on the trade route, an Indian cargo vessel carrying livestock from Africa to the United Arab Emirates was sunk on Thursday in waters off the coast of Oman,” reports Reuters. All 14 crew members were rescued. But in a separate incident, “British maritime security agency UKMTO reported on Thursday that ‘unauthorised personnel’ had boarded a ship anchored off the coast of the United Arab Emirates port of Fujairah, and were steering it towards Iran.” Japanese and Chinese tankers have successfully brokered deals with Iranian authorities to pass through this week,…
There is widespread concern that AI will lead to mass unemployment in the years ahead. As I and others have pointed out, we have yet to see any evidence of this in the data on job growth or productivity. But maybe we just have to wait a bit longer. But the idea that AI will eliminate all the jobs ignores the ways that creative entrepreneurs can develop new industries that require hundreds of thousands, or even millions of employees. These new industries may contribute nothing to well-being, but they create jobs. The best example of this sort of waste is…
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Israel's Victories Aren't Bringing It Closer to Peace Source link
There is a Solution for Survival The world is unraveling before our eyes. The Strait of Hormuz has been effectively closed by Iranian mines and missiles, and the global energy artery that once pumped 20 million barrels of oil per day is now a clogged, contested waterway. As I have reported repeatedly, the closure has sent diesel above $5 a gallon, triggered food price spikes, and exposed the catastrophic fragility of our centralized supply chains. This is not an accident of geography — it is a systemic weakness that globalist elites have engineered for decades to force dependency and control.…
Men­tal Health Sys­tem Needs More Money–But From Where? Source link
Photograph by Nathaniel St. Clair Senate Republicans, the Associated Press reports, plan to give the Secret Service $1 billion for “security upgrades” to president Donald Trump’s (supposedly $400 million, supposedly donation-funded) White House ballroom project. After an assassination attempt outside the Washington Hilton ballroom hosting the White House Correspondents’ Dinner in April, Republicans began boosting the ballroom itself as a presidential safety solution. Every time the president ventures forth to environments inhabited or surrounded by the hoi polloi, they point out, the Secret Service has to create bespoke environments within otherwise open facilities to ensure that he’s not shot at,…
Reflections from the children of Hong Kong’s imprisoned dissident publisher. Source link