President Biden's attempt to reassure Americans that the US banking sector is doing just fine had the opposite effect: banking stocks plunged after he spoke. Will his bailout-that-isn't-a-bailout shore up the economy or are we heading for 2008 on steroids? Also today,...
The agreement announced on Friday in Beijing regarding the normalisation of diplomatic relations between Saudi Arabia and Iran and the reopening of their embassies is a historic event. It goes way beyond an issue of Saudi-Iranian relations. China’s mediation signifies...
With successful brokering by China, Saudi Arabia and Iran have set aside years of enmity and proxy war to restore relations. Suddenly the United States seems irrelevant in the Middle East. Also today: Cracks developing in US/Ukraine alliance. Finally: Medical schools...