Author: Press Room

An Iranian state television presenter used a rifle to fire shots at a flag of the United Arab Emirates (UAE) during a segment this week on weapons training, in a sign of Iran’s intensifying effort to inspire a sense of militant nationalism among its people. The segment, part of a program called War Headquarters aired on state-run Ofogh TV on Saturday. It showed a member of Iran’s terrorist Islamic Revolutionary Guard Corps (IRGC) teaching host Hossein Hosseini how to handle an AK-47 rifle. Hosseini proceeded to demonstrate his newfound rifle skills by popping off a few shots at a screen displaying…

Fears of inflation and forecasts of Fed hikes have sent bonds plunging, lifting yields on Treasuries to multi-year highs. The yield on the 30-year Treasury touched 5.197 percent, the highest since 2007, before retreating slightly to 5.18 percent. Bond yields move up as prices fall. The yield on 10-year Treasuries rose as high as 4.687 percent and then slipped to 4.667 percent. Two-year yields rose to 4.12 percent. The fed funds swaps market, which allows investors to bet on Fed policy rate moves, now shows a better-than-even chance that the Fed will hike by the end of this year. The…

The Colorado Supreme Court ordered Children’s Hospital Colorado on Monday to resume offering sex change drugs to minors who identify as transgender. The state’s high court issued a 5-2 decision ruling that the hospital’s decision to stop offering sex change drugs after pressure from the Trump administration discriminates against patients based on their “gender identity” in violation of state law, Bloomberg Law reported. Children’s Hospital Colorado (CHC) stopped offering sex change drugs to confused youth after Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. issued a declaration in December warning that it would exclude entities from…

No political or public pressure will change the decision, the Croatian president’s office has stressed Croatian President Zoran Milanovic has refused to approve Israel’s new ambassador to Zagreb, citing disagreements with the Israeli government’s actions.The presidential office announced the decision on Monday.“The proposed Ambassador of the State of Israel has not received, nor will he receive, the consent of the President of the Republic Zoran Milanovic due to the policies pursued by the current Israeli authorities,” it said in a statement.Israel deviated from established diplomatic norms by announcing their proposed ambassador before he was approved by the Croatian president, it…

President Donald Trump warned Tuesday that Iran could soon face “another big hit,” revealing he was only “an hour away” from approving renewed military strikes before pulling back to allow several more days for negotiations that Gulf allies argued could still produce a deal. Speaking to reporters at the White House, Trump said the administration had moved to the brink of renewed military action before regional allies urged him to pause. “We were all set to go,” Trump told reporters Tuesday. “We were ready to go tomorrow — very big — and not something I wanted to do, but we…

Economic Confidence on the Right Gets Wobbly Again With only five and a half months to go before the midterm elections, Republican optimism about the economy is struggling against the tides of high gasoline prices, the renewed rise in inflation, and a market increasingly convinced that interest rates are not coming down soon. Republicans have not suddenly turned gloomy. They are still relatively optimistic about the economy. But the latest Economist/YouGov polling suggests that the economic optimism on the right has become less steady, less overwhelming, and less able to offset the deep pessimism among Democrats, liberals, and Harris voters.…

Sen. Bill Cassidy (R-LA) was among the four Republican Senators who voted in favor of moving forward with a resolution that would direct President Donald Trump to pull the U.S. military out of the conflict with Iran. Cassidy’s vote in favor of moving forward with the Iran War Powers Resolution comes days after he lost his reelection bid to Trump-endorsed Rep. Julia Letlow (R-LA), and Louisiana Treasurer John Fleming. The Senate voted 50-47 to move the War Powers Resolution out from the Senate’s Foreign Relation Committee, with Sens. Lisa Murkowski (R-AK), Susan Collins (R-ME), Rand Paul (R-KY), and Cassidy voting…

President Donald Trump’s White House ballroom is on the brink of being ejected from the GOP’s fast-moving immigration enforcement bill. Four Republican senators have raised public objections to spending taxpayer money on the project, possibly enough to kill it given the broad Democratic opposition. A larger group of Republicans is privately opposed to the funding, according to five people granted anonymity to disclose internal deliberations. While one idea being discussed is reducing a $1 billion earmark for the Secret Service, some Republicans are privately pushing to simply remove the provision altogether from a bill that is otherwise focused on immigration…

The Israel lobby is breaking spending records to oust Rep. Thomas Massie The most expensive primary election in US history is underway in Kentucky, as President Donald Trump and the Israel lobby try to unseat Representative Thomas Massie, a hardline conservative who broke with the president over Israel, Iran, and Epstein. Pro-Israel groups have pumped more than $10 million into Tuesday’s primary, which pits Massie against Ed Gallrein, a military veteran who ran an unsuccessful Senate campaign in 2024.The election is a flashpoint in a wider battle being waged on the American right, with an ever more neoconservative Trump embracing…

Would you pay 8 dollars for a gallon of gasoline? I know that may sound crazy to many of you, but that is what some residents of Los Angeles are paying right now. Sadly, the west coast is more dependent on oil from the Persian Gulf than anywhere else in the continental United States, and now the last tanker that departed before the war with Iran began has arrived. What this means is that gas prices are going to go even higher on the west coast. In fact, some gas stations may soon need to add another digit on their…