Former World Bank President David Malpass predicted Sunday that Iran’s economy could collapse into a “barter system” as the country’s financial crisis worsens amid the conflict with the U.S. and Israel. “All around the world, people in poor countries struggle with getting money, and they go back to a barter system where — and I’m...
An international jet fuel shortage is driving up airfares and triggering thousands of flight cancellations as airlines grapple with rising costs. Analysts warn the crisis could deepen in the coming weeks, with the war in Iran showing little sign of easing and jet fuel prices continuing to climb. Since before the war began, the price...
President Donald Trump issues a profanity-laced deadline to Iran, threatening to strike power plants and bridges Tuesday if the Strait of Hormuz isn't reopened.
China weighed in on the Iran war recently, urging Tehran and Washington to negotiate and stating that “a ceasefire and dialogue remain the only way out.” The comments on their own won’t have much impact. But they’re emblematic of how China has handled the war in Iran so far: cautiously, from the sidelines, encouraging diplomacy […]
This June will mark four years since the Supreme Court handed down the landmark decision in Dobbs v. Jackson Women’s Health Organization. The ruling changed the abortion landscape in the country by sending the issue back to the states. Both sides in the abortion debate predicted specific long-term outcomes. Four years on, one thing is […]
Before and after the United States began its current action against Iran, commentators claimed that the operation would overstretch the U.S. military. They raised concerns about weakening deterrence and readiness against China. But deterrence rests on credibility. If the U.S. lacks the munitions required to sustain even a lower-grade conflict, its warnings carry less weight. […]
NATO is in crisis. Several members refuse to let the United States, the backbone of the alliance, use bases and airspace for military operations against Iran, sparking the Trump administration’s ire and leading to questions about its future. The failure of NATO members to do a bare minimum to help their ally confront a shared […]