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The U.S. is waiving sanctions to allow the transfer of $6 billion in frozen Iranian funds as part of a prisoner exchange agreement. Under this deal, five American citizens who are currently detained in Iran would be released. There are currently conflicting statements coming from the U.S. and Iran on how the country will be…
Congress returns to Capitol Hill with a chock-full agenda, and a community in mourning following a mass shooting gets a little relief. These stories and more highlight The Morning Rundown for Tuesday, Sept. 5, 2023. Congress returns to Capitol Hill, looks to avoid shutdown Lawmakers were set to return to Capitol Hill Tuesday as Congress…
Brazil, Russia, India, China, and South Africa held the BRICS Summit from Aug. 22-24, hoping to reduce the world’s reliance on the U.S. dollar. Although some incremental strides might have been achieved in this direction, a more significant development revolves around the bloc’s outreach to six new countries. Straight Arrow News contributor Peter Zeihan explains why the inclusion of Iran,…
Call it a sign of the times for the Russian economy. A shopping mall is being turned into a factory to make kamikaze or suicide drones. At the same time, teenagers are being forced to build the weapons of war. Russia is using unmanned aerial vehicles like the Lancet and Shahed-136 in Ukraine to a…
The latest swell of dedollarization really gained steam after the U.S. levied harsh financial sanctions against Russia for invading Ukraine. Russia, its allies and economic partners have gone as far as discussing creating a brand new currency to combat dollar dominance. As the current world reserve currency, the U.S. dollar is at the center of…
The U.S. dollar’s global dominance has been a sure thing for about a century. Now emerging economies are looking to dethrone it. Foreign ministers from Brazil, Russia, India, China and South Africa, nations known collectively as BRICS, have recently discussed using alternative currencies to challenge U.S. global influence. Representatives from the bloc gathered in Cape…
In response to a number of recent national security concerns, including spy balloons and espionage within the military, state legislators are moving to put restrictions on Chinese land ownership in the United States. A Washington Post analysis of data compiled by the advocacy group Asian Pacific American Justice found that lawmakers in 33 states have…
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