Scenarios according to the prolongation of conflict, from 2 weeks to 6 months. By Serhat Latifoğlu Following the attack on Iran by the imperialist US and Zionist Israel, Tehran quickly regrouped and regained both military and psychological superiority. Within just a few days, Iran’s closure of the Strait of Hormuz pushed oil prices back up to the $100 level for ...
By Michael Roberts * As I write, US regional banks stock and bond prices are diving. And a major international Swiss bank, Credit Suisse, is close to bankruptcy. A financial crisis not seen since the global financial crash of 2008 appears to be unfolding. What will be the response of the monetary and financial authorities? Back in 1928, the then US treasury ...