Free Republic

The Trump administration is considering backing the creation of a massive $300 billion reconstruction and investment fund for Iran if Tehran fulfills commitments under a newly signed memorandum of understanding and ultimately reaches a broader settlement on its nuclear program and regional conduct. President Donald Trump has called reports that the U.S. will pay Iran $300 billion "fake news" — but Vice President JD Vance and others confirmed the establishment of a global fund paid by an international coalition to aid Tehran as real.According to reports from the Financial Times and other outlets, the proposed fund would not be financed...

By Ellen Freilich NEW YORK (Reuters) - Two years ago, a poisonous brew of bad economics, lax regulation, and egregious behavior boiled over, scalding the financial system and pitching the United States into its steepest downturn since the Great Depression. The antidotes to the crisis, concocted by many of the players who stirred the original toxic brew, have pulled the U.S. economy back from the brink. But those remedies won't prevent future crises, Joseph Stiglitz, winner of the 2001 Nobel Prize for Economics, writes in "Freefall: America, Free Markets, and the Sinking of the World Economy" (Norton, $27.95). In contrast...