USA - Wednesday, during an appearance on Fox News, Republican strategist Kellyanne Conway blasted Democrats and the media for the alleged cover-up regarding former President Joe Biden’s health. Conway told host Martha MacCallum the proper terminology would be that Democrats and the media “lied” to Americans. “They are all complicit, and I don’t know if it was a cover-up so much more of just an outright lie,” she said. “Let’s stop using nice words like gaslighting and cover-up. They lied to us. They lied to us about the fitness of the Commander-in-Chief while our active military was abroad, while our veterans and military spouses are looking for a pay raise and relief and care and health care. They lied to us..."
USA - News of former president Joe Biden’s prostate cancer diagnosis prompted Americans of all persuasions to offer prayers and sympathy. Human decency like that, transcending political differences, is laudable. Whatever our political differences, Biden and his family deserve our compassion. What’s unusual is the scepticism – indeed, cynicism – surrounding the announcement, which came just before the release of a major book about Biden’s cognitive decline and its cover-up. There have been questions about whether officials knew about the cancer while he was in office and hid that from the public. Those doubts have been voiced by numerous specialists, including physicians who held high positions in Democratic administrations.
UK - Many a sigh has been heaved by bosses at an underling who has caused irritation. Well, now a judge has warned that expressing that frustration can legally be considered harassment. Using “non-verbal” expressions of disappointment or irritation can breach equality laws, an employment tribunal judge has ruled in a case involving a software engineer who has attention deficit hyperactivity disorder (ADHD). Robert Watson claimed that his manager’s “sighing and exaggerating exhales” were discriminatory. He is now in line for compensation from Roke Manor Research, the company that invented the Hawk-Eye technology for sports including cricket, football and tennis.
UK - At least 50 different countries have been hit by armed conflict in the past year, researchers find. Violence is more widespread today than it has been in decades, with armed conflict touching every major region, according to data analysed by The Telegraph. Last year, varying levels of conflict were reported across at least 50 different countries, from the civil war in Myanmar to extreme violence between drug cartels in Mexico, according to the Armed Conflict Location & Event Data (ACLED). Experts predict that the trend will probably continue throughout 2025 and beyond.
JAPAN - Global economic turmoil escalates, Japan warns of crisis, China halts talks, banks slow down. The global financial landscape is shifting rapidly, with major economies facing mounting pressures. The United States, Japan, and China are each grappling with economic challenges that could reshape markets in the coming months. Investors are watching closely as debt concerns, monetary policy shifts, and geopolitical tensions unfold.
JAPAN - Is the long-awaited implosion of the Japanese financial system beginning? Japanese bond yields are spiking dramatically, Japan’s debt to GDP ratio is now above 230 percent, the Japanese economy has started contracting, and Japanese Prime Minister Shigeru Ishiba just publicly stated that the financial condition of his nation is worse than the financial condition of Greece.
USA - National governments around the world are collectively more than 100 trillion dollars in debt. The United States accounts for about 35 percent of that total, China accounts for about 16 percent of that total, and Japan accounts for about 10 percent of that total. For a long time, national governments were able to fund their debt binges very cheaply, but now nervous investors are demanding higher interest rates to hold long-term government debt. This is driving up borrowing costs, and it has thrown credit markets around the globe into a state of chaos. If bond yields continue to rise at a very brisk pace, there is a risk that investors could become so nervous that credit markets actually start freezing up. If that were to happen, the entire global financial system would go completely haywire.
IRAN - The Iranians are very harshly telling President Trump that he is not going to get what he wants. Over the weekend, Special Envoy Steve Witkoff told ABC News that Iran will not be allowed to enrich uranium, and White House Press Secretary Karoline Leavitt told reporters on Monday that “we are 100% committed to that red line”. Of course the Iranians were never going to agree to that, and Ayatollah Ali Khamenei just made that exceedingly clear. The Iranians apparently believe that Trump was bluffing about taking military action against Iran, and so now we will see if Trump was bluffing or not. Meanwhile, CNN is reporting that Israel “is making preparations to strike Iranian nuclear facilities”…
USA - When David Lammy denounced Israel’s “egregious” actions in Gaza and the “abominable” suffering of ordinary Palestinians, the Foreign Secretary spoke like someone who had yearned for months to voice his true opinion. One reason why Britain suddenly feels free to act against Israel – summoning the ambassador and ending trade talks – is that Donald Trump has signalled America’s impatience with Benjamin Netanyahu. In the past, Britain’s instinctive wish to avoid an open breach with America has often inhibited its response to Gaza’s bloodshed. Yet by declining to visit Israel on his first trip to the Middle East since regaining the White House – and by taking crucial decisions that fly in the face of Netanyahu’s wishes – president Trump has opened the way for America’s allies to revolt against Israeli policy.
ISRAEL - Benjamin Netanyahu has vowed to take complete control of the entire Gaza Strip, and warned that the current military offensive would continue. The Israeli prime minister addressed the nation in a televised press conference, saying that “all of Gaza’s territories will be under Israeli security control, and Hamas will be totally defeated,” once Operation Gideon’s Chariots is completed.
USA - War is already here, and there is no stopping it with peace talks. Armstrong says, “Putin knows and understands this is not just a war with Ukraine, this is a war with NATO... If Putin agrees to a 30-day ceasefire with Ukraine, what’s that going to do? Absolutely nothing. You have every European country reinstituting drafts.
When Binyamin Netanyahu decided to resume a trickle of aid into Gaza, his far-right support base reacted with fury. But Israel’s allies, the prime minister said in his defence, could not handle “pictures of mass starvation”. It was no coincidence that the concession, described by the UN as a “drop in the ocean” after almost three months of siege, came days after President Trump wrapped up his tour of Gulf Arab states. The leaders who lavished hundreds of billions of dollars on the US during the trip said they wanted him to end the war, and Trump pledged to at least help the “starving” people in Gaza.
UK - This is a naked and unashamed U-turn on the Prime Minister’s pre-election promises. Who would have guessed. Keir Starmer has just signed what is little more than a surrender agreement with the European Union. Be in no doubt, this document pushes us back into the orbit of Brussels, giving away vast amounts of our sovereignty for very little in return. This is nothing more than the start of a slippery slope to rejoining the EU – an outcome I have little doubt the Prime Minister and his cabinet would welcome with open arms.
JAPAN - A dramatic lurch in the Japanese bond market has heightened fears that debt-heavy Western governments such as the UK and even the US could be in line for a budget-busting financial crunch. Limp demand for government-issued 20-year bonds at an auction in Japan on Tuesday sent tremors through the debt markets, pushing long-term Japanese yields – the government’s cost of borrowing – to the highest in decades.
FRANCE - Due to France’s drug trafficking crisis, a large majority of French are in favor of the army being deployed into disadvantaged neighborhoods in problematic neighborhoods in France, including 80 percent of women. These “disadvantaged” neighborhoods are almost universally filled with migrants from Africa and the Middle East. Although the troops on the streets in French cities would be dramatic, 66 percent were in favor of such a move two years ago when they were last surveyed, and 33 percent were against it. Apparently, the idea has only grown in popularity since then. Now, only 23 percent are against French troops being deployed. France has seen an incredible 86 percent increase in sexual violence in the last 10 years, with mass immigration fueling this trend.