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[Jeffrey Frankel] A Cold War adventure in Portugal

Fifty years ago this month, I was in Lisbon working for the Banco de Portugal. With me were four other MIT graduate students, including the future Nobel laureate Paul Krugman. Inspired by Krugman’s reminiscences about that experience, and in light of our current geopolitical circumstances, I find myself reflecting o…

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US Senator Graham offered military support for Israeli war on Lebanon, new footage shows

Just one day before his funeral is set to take place in Washington, DC, video footage has emerged showing a gleeful Senator Lindsey Graham rejoicing at the launch of the US-Israeli war on Iran, and even single-handedly offering US military involvement to Israeli Prime Minister Benjamin Netanyahu for his war on Lebanon.

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Senior U.S. diplomat says Korean War troops' ultimate sacrifices underscore 'freedom is not free'

WASHINGTON, July 27 (Yonhap) -- A senior U.S. diplomat said Monday the ultimate sacrifices of troops during the 1950-53 Korean War underscore that "freedom is not free," adding that their service helped transform South Korea from a war-ravaged nation into "one of the world's most dynamic democracies and vibrant econ…

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Sarmat Missile Held Back By Repeated Delays Despite Kremlin Boasts, Leaked Documents Show

On May 12, Moscow announced that its flagship RS-28 Sarmat intercontinental ballistic missile would be put on combat duty by the end of the year. It had already been declared ready for combat duty once before — in September 2023. And before that, President Vladimir Putin said it would be ready by the end of 2022.

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'I Almost Cried' - Documentary Video Trove Shows Lindsey Graham's Joy At Start Of Iran War

Batches of previously unreleased documentary footage give a behind-the-scenes look at the late Sen. Lindsey Graham's work to maneuver the United States into military conflicts on behalf of Israel, and the sheer joy he exuded when President Trump finally brought Graham's long-held dreams of an all-out war on Iran to …

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Key Events This Busy Week: FOMC, PCE, GDP, War On/War Off... And Earnings Galore

Before we look at the week ahead, a quick look at the main event that defines the market this Monday morning: after 13 consecutive nights of US strikes aimed at degrading Iran’s ability to threaten commercial shipping, Washington has refrained from further attacks since late Friday, while Tehran has publicly stated …

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