Banks have started to tighten credit due to the Federal Reserve’s interest rate hikes, which represent a deliberate strategy to temper economic growth and reduce inflation. According to the most recent Senior Loan Officer Opinion Survey, a majority of banks reported that they had tightened lending standards for larger and medium-sized businesses in the past…

North Korean leader Kim Jong Un plans to visit Russia later in September, according to U.S. officials. The officials said Russia is looking to buy weapons and ammunition from North Korea to refill reserves drained by Russia’s war with Ukraine. When asked about a New York Times report on the potential visit, Russian presidential spokesman…

Since Russia’s full-scale invasion of Ukraine in February 2022, U.S. political and military forces have directed tremendous resources towards Ukraine’s defense. But GOP presidential candidate Vivek Ramaswamy has argued that the U.S. should seek an immediate peace agreement using current lines of control, a proposal that rewards Russia with permanent territorial gains. In this 35-minute…

Yevgeny Prigozhin may be dead, but Wednesday, Aug. 23 was a good day for Ukraine. The Ukrainian armed forces took out a major missile installation in Crimea. Prigozhin’s reported death marked the second occasion in the mercenary’s time on Earth when he reportedly died in a plane crash. The first happened in the Congo in…