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German chancellor vows to stay in office despite AfD triumph in state election

Friedrich Merz said his conservative CDU was shaken ‘to its very foundations’ after far-right victory in Saxony-AnhaltA “shocked” and chastened Friedrich Merz has vowed to stay in office despite the far right’s triumph in a state election that has brought anti-immigrant, pro-Kremlin politicians within striking distance of power.The German chancellor, appearing ashen-faced in front of reporters in Berlin, said on Monday that the landslide victory by the Alternative für Deutschland (AfD) in Saxony-Anhalt had shaken his conservative Christian Democratic Union (CDU) “to its very foundations”. Continue reading...

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Oil, Crypto, Shell Firms: How Iran Moved $9 Billion Into US Banks In 2024

The US Treasury identified around $9 billion in Iranian funds that moved through US banks in 2024.

South African among workers abducted after attack on hunting camp in Mozambique

A South African national was among a group of workers abducted in Mozambique during an attack by insurgents on a hunting camp, South Africa’s foreign ministry said on Monday

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Trump official trolled as Labor Day pledge crashes and burns: 'That's not three bucks'

A bold Labor Day prediction made two months ago by Treasury Secretary Scott Bessent was dredged up Monday and trolled by a smirking MS NOW host.Peter Alexander repeatedly shared a clip of the self-assured member of President Donald Trump’s Cabinet claiming Americans would see the return of $3 gas by Labor Day. "Inflation is going to come back down," Bessent assured Americans in July. "It's largely dominated, as you said, by gasoline. In many states, we're back to around $3.50. I think we can get back to $3.”When a CBS News reporter pressed Bessent to put a date to the pledge, he replied without pause, “Maybe by Labor Day.”After the clip ended, Alexander's eyebrows were raised. “It is Labor Day," he said. "Gas prices, as you are well aware, are nowhere close to $3 than they were a month ago. Right now, the national average is $4.15 per gallon — that's not three bucks. It's way higher than prior to the Iran war, when they were sitting below $3 a gallon.”Alexander noted Vice President JD Vance defended Bessent's comment, putting emphasis on the word "maybe."This did not stop Alexander from sharing some definite facts with his viewers. ”This is the most expensive Labor Day on record," he said, "with travelers facing higher costs on everything from airfare and gas prices.” - YouTube youtu.be

Iran says improved ballistic missile shows it will take preemptive action against threats

Iran state media on Monday said a ballistic missile with improved capabilities was demonstrating a new doctrine: Tehran "will take action against any threat, even before it is carried out."