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The feared Israel-Hezbollah war is happening, but it is remarkably one-sided so far. In September, Israel detonated thousands of Hezbollah pagers and walkie-talkies. It then commenced large-scale bombing of over 1,000 targets in Lebanon and stepped up its military campaign against Hezbollah leaders, culminating in the killing of Secretary-General Hassan Nasrallah. Israeli forces have also […]
When the Nobel economics prize is awarded most years, I imagine the news-following public to simply nod in silent acknowledgment over their morning coffee as they listen to the radio or read the headlines. Economists speak in their own language, they figure, and the substance of their work is just too narrow or arcane to […]
New data from the CDC shows 75 people have been sickened across 13 states, with 22 people hospitalized. One person has died. This story has been updated with the latest CDC data on the outbreak as of October 25, 2024. Source link
The adoption of a controversial foreign agents law by Georgia’s ruling party in May marked the lowest point in Tbilisi’s relations with the West since it declared its pro-Western foreign-policy aspirations in the early 2000s. Despite mass protests, a presidential veto overriding the Law on Transparency of Foreign Influence, U.S. sanctions against Georgian officials, and […]
A Chicago man was found guilty of first-degree murder Thursday in the 2018 slaying of a Northwestern University doctoral student who had moved to the area only hours earlier. Diante Speed, then 19, fired a volley of gunshots at a man who he claimed had brandished a gun at him as he and two friends were walking […]
What will happen to China’s long-term ideological direction once President Xi Jinping eventually leaves the scene? This is unlikely anytime soon. But for a septuagenarian, the possibility is real enough to force us to start seriously thinking this through. Indeed, it goes to the core question of whether the deep structural and cultural changes that […]
The exchange announced Friday that its electronic platform will be accessible from 1:30 a.m. to 11:30 p.m. on weekdays, as stock trading has grown increasingly flexible. In a game-changing move, the New York Stock Exchange (NYSE) announced Friday it will be extending after-hours trading on its Arca electronic exchange. Source link
The collapse of the Afghan state amid the United States’ withdrawal in 2021 gifted the new Taliban government with more than $7 billion worth of U.S. military equipment. Afghanistan’s new overlords suddenly found themselves with fleets of Humvees, mountains of machine guns, and forests of radars and satellite dishes. The vast hardware hoard also included […]
Over the last 80 years, the U.S. dollar has become the lingua franca of the global financial system. From Europe to Australia, central banks, companies, manufacturers, and tourists find common language by using the American currency. Today, an estimated $6.6 trillion in daily global transactions involve the dollar. The centrality of the U.S. dollar to […]
Two of the biggest franchises in Major League Baseball are facing off tonight in one of the most anticipated matchups in years. Here’s how to catch the action. This year’s world series is sure to strengthen the East Coast-versus-West Coast rivalry. The Los Angeles Dodgers will face off against the New York Yankees in a […]