The Federal Reserve Bank plans to launch a new settlement system called FedNow by next summer. While it’s not blockchain-based, like cryptocurrency, it would route credit and debit card transactions through the Fed—meaning instant government records of card purchases.Continue Reading
Aleksandr Dugin, the philosopher called “Putin’s brain,” reportedly suffered a heart attack after the car bombing Saturday that killed his 30-year-old daughter. Was the bomb was meant for him, and is the heart attack another assassination attempt?Continue Reading
The FBI raided Mar-a-Lago, the home of former President Trump, ostensibly looking for documents improperly removed from the White House. Given the FBI’s behavior in the Russian collusion hoax, we have low confidence that the warrant, the search, or the motives behind it are legit.Continue Reading
Nancy Pelosi’s stunt visit to Taiwan last week caused Xi Jianping and Chinese leadership to lose face, an unforgivable act in their culture. China’s response may be slow in coming, but it will be calculated, precise, and tough.Continue Reading
The opening ceremony of the Commonwealth Games in Birmingham, England featured a 30-foot mechanical bull. Does it represent more than just the industrial history of Birmingham?Continue Reading
House Speaker Nancy Pelosi’s announced trip to Taiwan has become a game of nuclear chicken. China has threatened military action if Pelosi goes through with her visit, but the Biden administration may feel it can’t risk being seen as weak.Continue Reading
The FBI’s efforts to interfere in the last two presidential elections on behalf of Democrats brings to mind the Praetorian Guard in the Roman Empire. Once the Guard realized it had the power to make and break emperors, who learned to play ball—or else.Continue Reading
Sen. Chuck Grassley (R-Iowa) says FBI whistleblowers allege a widespread effort inside the bureau to downplay or discredit negative information about Hunter Biden in the run-up to the 2020 presidential election.Continue Reading
Right out of dystopian TV series Black Mirror and War of the Worlds, China has demonstrated a robot dog fitted with an automatic weapon—and adorned with insignia of Russian special forces.Continue Reading
A pair of Russian lawmakers investigating biolabs in Ukraine claim that Ukrainian POWs show evidence of military experiments. The deputy chair of the State Duma says the goal is to create “cruel killing machines.”Continue Reading