Late on July 29, heavy clashes broke out in Ein el-Hilweh, the largest Palestinian refugee camp in Lebanon, after a failed assassination attempt. Palestinian officials told The Associated Press that the fighting started in the camp, which is located near the southern port city of Sidon, after an unknown gunman tried to assassinate Islamist militant […]
President Joe Biden’s “build back better” spending bill seems to be dead — at least for the time being. But there is still plenty of spending coming down the pike. This raises an important question: how is the Federal Reserve going to simultaneously taper its bond-buying program and monetize all of this debt? On Monday, […]
In a time when institutions are increasingly shifting away from fiat currency and looking toward cryptos, it is worth recalling that at least when it comes to central banks, there is no digital gold. There is just gold. To be sure, in a time of unprecedented economic and social turmoil, central bankers’ appetite for gold […]