Author: Press Room

I have said for years that people misunderstand the global monetary system. It is not driven by trade balances. It is driven by capital flows and access to dollar liquidity. The discussion of a currency swap between the United States and the United Arab Emirates shows how the system actually works under stress. The United States is now considering a currency swap with the UAE as tensions around Iran rise. This is not about trade policy. It is about liquidity. When uncertainty increases, capital begins to move. Countries need dollars to stabilize their financial systems and maintain confidence. Currency swaps…

On Tuesday’s broadcast of “CNN NewsNight,” CNN Senior Commentator Van Jones responded to some Democrats demanding the Trump administration disclose Israel has a nuclear program by saying that there’s no national security purpose behind the move and “it just seems like there are a whole bunch of people in my party who just like throwing rocks at Israel.” Jones said, “What is the point? We already know that they have nukes. If the United States forces them to cough up the furball, how is that in the interests of the United States? I just don’t — I’m sure there’s some…

The Trump administration released a report on Tuesday that estimated that President Donald Trump’s deals with pharmaceutical companies would save $529 billion over the next ten years. Affordability has become a top issue for voters as the country moves ever closer to the November midterm elections, which could determine if Republicans will continue to hold the House and Senate majorities. Trump has focused his efforts on cutting deals with drug companies so that the cost of prescription drugs in the country would no longer be substantially higher than other developed nations. The White House Council of Economic Advisers found that…

Tuesday, during an interview with Politico, Gov. JB Pritzker (D-IL) claimed President Donald Trump set the “tone” for political violence in America. Pritzker said, “I will say that one of the results of the current environment is that there are — because of all the political violence that’s occurred, and we can talk about the causes of that — but because of the political violence, I think that the antisemites out there and the people who are racist, because they know that I stand up for communities of color, have come out of the woodwork. And I receive threats. I’m…

Canada brings minerals, energy and rhetoric as Brussels chases post-American relevance without a clear strategy of its own The EU’s latest summit of its leaders had one objective: to show how the rest of the West is moving on while the US under President Donald Trump is neck-deep in a relationship drama. Right now it’s with Iran, but before that it was Venezuela. And it looks like Cuba may be next.Until now, the EU has been acting like they’re in an on/off relationship while still keeping their toothbrush in Trump’s bathroom because it wasn’t quite ready to make a clean…

U.S. Immigration and Customs Enforcement (ICE) special agents and Corpus Christi police officers arrested 42-year-old Benjamin Thomas Milfet, a PTA Board Member and Mireles Elementary School volunteer, for the alleged possession of child porn.  A search warrant executed on Milfet’s property revealed a cellphone allegedly belonging to the suspect contained more than 2,000 images of child sex abuse materials, according to an ICE media release. According to ICE, the investigation that led to Milfet’s arrest was conducted by the Corpus Christi Police Department and the ICE Homeland Security Investigations office. The investigation peaked on April 23, when officers executed a…

Sixty-one percent of Americans are worried that “native-born Americans are losing their economic, political, and cultural influence” because of immigration, according to an April poll by the Associated Press. Just 38 percent of respondents say they are “not very” or “not at all” concerned about the impact of migration, says the poll of 2,596 adults, which was conducted April 16-20. The data shows that 16 percent of respondents are “extremely ” concerned about citizens’ loss of influence amid the huge inflow of diverse and specialist migrants. Another 16 percent say they are “very concerned.” Twenty-nine percent say they are only…

Immigration and Customs Enforcement (ICE) arrested an illegal alien accused of raping a child after officials in Fairfax County, Virginia, released him from jail. On May 1, ICE agents arrested illegal alien Walvin Victor Hugo Garcia of Guatemala following a court appearance in Fairfax County. Hugo Garcia was first arrested by Fairfax County law enforcement in June of last year on felony charges of raping a child younger than 13 years old, aggravated sexual battery of a child younger than 13 years old, using a computer to commit a sexual crime against a minor, and distributing drugs to a minor. ICE…

The suspects are believed to be members of two groups that have assaulted left-wing activists and supposed pedophiles The German authorities have raided the homes of suspected members of two “right-wing extremist” groups in a nationwide operation spanning a dozen regions.In a press release on Wednesday, the Office of the Federal Public Prosecutor General reported that earlier in the day, hundreds of federal and state police officers had conducted searches at around 50 properties in Bavaria, Berlin, Brandenburg, Hesse, Mecklenburg-Western Pomerania, Lower Saxony, North Rhine-Westphalia, Rhineland-Palatinate, Saxony, Saxony-Anhalt, and Schleswig-Holstein.Two “right-wing extremist criminal organizations” – ‘Jung & Stark’ (Young &…

A criminal case against an Indiana woman came to an end when a federal judge handed 36-year-old Annamarie Fleischman a 50-year prison sentence after she pleaded guilty to charges of sexual exploitation of children and receipt of child pornography. Her sentence of confinement also carries a lifetime term of supervision upon release from federal prison. Fleischman entered her guilty plea on April 20. Fleischman, of Roanoke, Indiana, was arrested and charged with child sex crimes in August 2023 after police received a tip from the National Center for Missing and Exploited Children (NCMEC). The private, non-profit NCMEC’s mission is to…