China brings Saudi Arabia, Iran together – and pushes US out

In diplomatic terms, the optics were shocking. Here were representatives from Saudi Arabia and Iran smiling and holding hands in a foreign capital as they announced the restoration of diplomatic relations after a seven-year break. But the foreign minister in the middle, proudly bringing them together, was not a European or American politician, but China’s Wang […]Continue Reading

Stubborn inflation, bank crisis puts US Fed on a precipice

The Federal Reserve is facing a rather sticky problem. Despite its best efforts over the past year, inflation is stubbornly refusing to head south with any urgency to a target of 2%. Rather, the inflation report released on March 14, 2023, shows consumer prices rose 0.4% in February, meaning the year-over-year increase is now at […]Continue Reading

Reaper drone takedown augurs ill for Crimea offensive

An MQ-9 Reaper remotely piloted drone aircraft performs aerial maneuvers over Creech Air Force Base, Nevada. Photo: US Air Force handout via Reuters

The Pentagon says that the takedown of the Reaper drone by Russian Su-27 pilots was “unsafe and unprofessional.” But the Pentagon has not explained what the drone was doing flying near Crimea, nor has it told the public about the unique capabilities of the MQ-9 Reaper. The Russians say that the drone was in a prohibited area […]Continue Reading