Marco Rubio’s Impossible Mission: From Retrieving Panama to Express Deportation Services!

Marco Rubio, the newly appointed U.S. Secretary of State, has landed in Panama as part of his first official voyage, with the aim of putting into practice Trump’s grandiose plans for Central America. The main objectives? Controlling migration, countering China, and of course entertaining the idea of “reclaiming” the Panama Canal! It is still unclear whether Rubio packed a suitcase full of diplomatic agreements or just a GPS to locate Panama again…

Read More

What Happens If Yellowstone Erupts: Will the World End, or Just Your Picnic?

Immediately, when one thinks about Yellowstone, a “supervolcano” eruption comes to mind-a doomsday scenario where the earth is blanketed in ash, and we all end up looking like burnt toast. But the good news is that, per the scientists at the Yellowstone Volcano Observatory (YVO), such a nightmare is more Hollywood fantasy than scientific reality. Supervolcano or Minor Eruption? Your Choice!From a major Yellowstone eruption occurring in our lifetime, the odds stand about equal to dinosaurs coming back, according to Mark Stelten, the YVO deputy scientist-in-charge. The big eruption last occurred 640,000 years ago,…

Read More

Devastating Fires Leave L.A. Scrambling for Housing: “Get Me to Newport!”

As two giant fires swept through Los Angeles, thousands of residents took to finding a home to sleep in. It was like the whole city was in some kind of real estate speed-dating round, everyone hurrying to find their next home. “Dirt Bikes, Hollywood Writers, and Chaos in the Palisades”Top luxury realtor Dylan Eckhardt, who counts Justin Bieber and Rihanna among his clients, has received 36 calls in the past 18 hours alone. “It’s utter chaos in the Palisades,” Eckhardt says….

Read More

The Booming U.S. Job Market: A Blessing for the Economy or a Challenge for Households?

The U.S. labor market grew emphatically last month, adding 256,000 jobs and taking down the unemployment rate to 4.1 percent from the anticipated 4.2 percent. While that would be an enticing picture of an economy in health, it puts a damper on households and businesses who could have hoped for quick interest-rate cuts to lower the cost of borrowing for houses, cars, or even appliances. According to the Labor Department, the biggest job gains were notched up in healthcare, at 46,000; retail, at 43,000; and government jobs at the federal, state, and local levels, at 33,000. The unexpected surge underlines the resilience of the labor market, even as interest rates sit significantly higher than pre-pandemic…

Read More

Republicans and the Conundrum of Conundrums: To Cut Taxes or To Close the Borders?

It is as if the Republicans now act like college buddies arguing over who will take everybody out to eat or order in pizza. Do they cut the taxes? Do they shut the borders? Do they try it all, yet piecemeal? It is all so byzantine; literally, the only thing not at the top of a priority list now seems to be clarity. Some say, “Let’s address immigration first, and then take up taxes later.” Presumably the same political leaders who believe any meal should start with an appetizer. Then there are the tax cut proponents on the other side, shouting, “Shove it all into one giant-sized bill-the sandwich approach!” Trump, of course, hasn’t exactly made things easier. He recently said in a meeting, “Whether it’s one bill or two, we’re getting it done.” It’s becoming increasingly…

Read More

US and UK Slap Comprehensive Sanctions on Russian Oil Industry: Checkmate or an Oil Game?

The United States and the United Kingdom took a bold step on Friday that could be described as “checkmating Moscow’s war chest.” New sanctions targeted two of Russia’s oil giants, Gazprom Neft and Surgutneftegas, in an attempt to slash revenues financing Russia’s invasion of Ukraine. It would now appear that the US Treasury has engaged in a chess game in which Moscow is steadily losing its pieces. But here is the kicker: These sanctions ensnared a total of 183 vessels for allegedly forming part of Russia’s so-called “shadow fleet”-a secretive network of…

Read More