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US Big Oil earning $30 million per hour from Iran war

US President Donald Trump’s unprovoked war of choice in Iran has been a goldmine for America’s fossil fuels industry, which is earning massive windfall profits thanks to the rise in the price of petroleum. An analysis published by The Guardian on Wednesday estimated that the

Trump budget director defends 43% military spending boost

WASHINGTON — The White House budget director on Wednesday defended the administration’s latest request for Congress, testifying before the House Budget Committee that a 43% increase in defense spending and a 10% cut to domestic programs is the best path forward. Democrats on

Iran war putting China’s economy in a tight spot

TOKYO – Amid all the smoke surrounding a Chinese slowdown, economists are getting a view of some serious fire this week. Case in point: exports grew just 2.5% year-on-year in March, a rate markedly below the previous few months. It’s the clearest indication that fallout from