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Michael Barr, the Vice Chair for Supervision at the Federal Reserve, recently released a report on why Silicon Valley Bank failed. The report places blame for the collapse on both bank management and federal regulators, which includes the Federal Reserve. Straight Arrow News contributor Larry Lindsey believes regulators clearly missed signs the bank was in…
In April, Chile’s President Gabriel Boric said his country would be nationalizing its lithium industry, a move set to bolster its economy and protect its environment. Chile is the world’s second-largest producer of the metal, which is an essential component in the manufacturing of electric vehicle, cellphone and laptop batteries. Straight Arrow News contributor Peter…
Arab leaders welcomed Syria back into the Arab League after the country’s nearly 12 years in exile. The move marks one of the most significant steps in the Arab world to re-normalize relations with Damascus. The Arab League revoked Syria’s membership in 2011 after Syria’s President Bashar al-Assad led a massive crackdown on protesters that…
The arrest of National Guardsman Jack Teixeira for leaking classified U.S. documents raised concerns that America’s intelligence apparatus is lagging behind other countries in human intelligence gathering (HUMINT). However, one area where the U.S. dominates the globe is in signals intelligence (SIGINT), which is the collection, monitoring, and deciphering of data. Straight Arrow News contributor…
If Russia can’t take Bakhmut from Ukraine, it may be content with just burning the whole city to the ground. In drone video released by Ukraine’s Ministry of Defense, images show what appeared to be white phosphorus raining down on the city’s buildings. White phosphorus ignites on contact with air. It burns at about 1500…
If President Joe Biden wins a second term in 2024, he would be 82 years old at the start, which would make him the oldest elected president in U.S. history. With a possible rematch looming against former President Trump — who would be 78 years old if he wins another term — the age issue…
The University of Phoenix advertises itself as a school for those looking to chart a new path in life. The institution has a a well-connected network of alumni, and its commercials are everywhere. But according to six Democratic senators, the school has a history of scamming students. They want the departments of Education and Defense…
Sens. Thom Tillis, R-N.C., and Kyrsten Sinema, I-Ariz., introduced a bipartisan bill to give the Biden administration the authority to almost immediately deport immigrants who cross into the United States illegally. It’s just like Title 42, but unlike the pandemic-era order, it’s not tied to public health. What’s in it The Sinema-Tillis bill instructs border…
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