Commentary With the International Monetary Fund (IMF) now allowing countries to pay dollar-denominated debt in the Chinese yuan, what does that mean for the U.S. dollar? It’s no secret that both the Chinese and the Russians and many other countries want to downgrade the dollar’s influence and even de-dollarize global trade. That’s certainly happening, and…
Will the Yuan Replace the Dollar?
11 Texas Beaches That’ll Cool You Down If You’re Looking to Escape the Heat
By Dalia Faheid From Fort Worth Star-Telegram Fort Worth—Want to go swimming somewhere along the Texas Gulf Coast this summer? From April to October, you can enjoy swimming on the Texas coast with the water temperature usually over 70 degrees. Though the water is warm, taking a dip will feel much cooler than the triple…
CAL FIRE Employs Artificial Intelligence for Firefighting
With California moving into peak fire season, the California Department of Forestry and Fire Protection (CAL FIRE) has partnered with the University of California San Diego’s ALERTCalifornia program to use artificial intelligence for early detection of wildfires. CAL FIRE stated in a news release on July 10 that its goal in the collaboration is to…
Mammoth Mountain Extends Ski Season Into August for Third Time Ever
By Cari Spencer From Los Angeles Times Los Angeles—It’s weather whiplash in the Eastern Sierra. While much of the Southwestern U.S. endures sweltering heat that continues to topple daily records, historic snowfall has brought an unusually extended ski season to Mammoth Mountain, where snowboarders and skiers continue to soar down the slopes in shorts and…
British Tourists Evacuated From Wildfire-Hit Greek Island on Repatriation Flights
Hundreds of British holidaymakers are returning to the UK on repatriation flights following wildfires on the Greek island of Rhodes. According to Foreign Office estimates, between 7,000 and 10,000 British tourists could be on Rhodes, a popular holiday destination. The wildfire had been confined to the island’s mountainous centre but, aided by winds, very high…
The Essence of Today’s Leftism
Commentary When I was a kid in the 1950s, I thought I knew what the left was—and I did, up to a point. The Communist Manifesto appealed to my 14-year-old self because, in a way, it’s written on that level. When you think about it, it’s pretty simplistic, especially about human psychology. Nevertheless, in those…
UPS and Teamsters Union Agree to Resume Labor Talks This Week
United Parcel Service agreed to resume labor talks with the International Brotherhood of Teamsters this week to avoid a strike that could disrupt supply chains and harm the economy. The package-delivery service will again start labor talks with the union, which represents 340,000 employees, on July 25, ahead of the looming strike. Labor negotiations broke…
Seller Inflation Is a Myth Created by Statism
Commentary Interventionists always blame inflation on everything and anything except the only thing that makes aggregate prices rise: issuing more units of currency than the real demand. Seller inflation is the same excuse and fallacy as cost-push inflation. A way to confuse citizens and assign causation to something that cannot make aggregate prices rise. Let…
How to Find Happiness in the Modern World: Dr. Gad Saad
One of the common discussion topics that has come up recently is the mental health crisis in this country. Part of this is depression. People are unhappy. So what’s the real cause of this, and what can we do to change it? Here to speak with us is Dr. Gad Saad. He’s a psychologist and…
Over 300,000 Chinese Officials Probed for Graft in 1st Half of 2023
The Chinese Communist Party’s (CCP) top disciplinary watchdog announced on July 22 the results of its disciplinary and criminal investigations for the first half of this year, with the number of officials probed for corruption reaching the highest level over the past decade. The Central Commission for Discipline Inspection (CCDI) published a short notice on…
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