Free Republic

Surging US Treasury yields are the main driver of global markets, depressing stock prices, pushing up the US dollar exchange rate, and threatening homebuilding and other rate-dependent economic activity in the United States. As rates rise, moreover, the US Treasury deficit – already above 6% of GDP – will increase. Interest payments on the federal debt rose to $1 trillion from $400 billion in 2021, adding to the blowout federal borrowing requirement of $1.8 trillion. Foreign central banks meanwhile have cut their holdings of US government debt, adding to upward pressure on yields – by a painful 0.8 percentage points,...

McALLEN, Texas (ValleyCentral) — Border Patrol arrested a former Russian mercenary on Saturday, when he illegally crossed the Rio Grande near Roma. Timur Praliev waded across the Rio Grande carrying two passports and $4,000. “The defendant was also in possession of a drone in his backpack when he crossed into the United States,” Assistant U.S. Attorney Amanda McColgan said on Tuesday morning, when Praliev appeared before a judge at the federal courthouse in McAllen. “And he admitted, when interviewed, to being a member of the Wagner Group.”

Donald Trump can’t see the “bigger picture” on Ukraine and Europe could step up to take over funding the fight against Europe, a top Eurocrat says, as Zelensky calls for Western troops to “force Russia into peace”. Ukraine’s Western backers are meeting in Germany at the major U.S.-NATO Ramstein airbase on Thursday through the Ukraine Defence Contract Group, President Volodymyr Zelensky having arrived at the base this morning. Per Ukrainian state media, he is due to have group meetings through the forum as well as individual talks with other leaders during the summit. Meetings had barely begun, however, when President...

Russia has stolen a priceless lithium deposit from under Britain's nose As reported earlier, the largest lithium deposit in Ukraine has come under Russian control. But new details have come to light, reports Rogov, Chairman of the RF Public Chamber's Commission on Sovereignty: "About a year ago, the Kiev regime, for a pittance, completely transferred the rights to develop the Shevchenkivske lithium deposit to the British. It was supposed to be developed by the Australian company European Lithium, owned by the British businessman Anthony Sage. In fact, the British, with the assistance of Zelensky, stole the priceless deposit. But now...

This is the dramatic moment Ukraine uses British Storm Shadow missiles to eliminate two top Kremlin officers in a dramatic double strike across the Russian border. The strike on a key Russian command post in the Kursk region by half a dozen Ukrainian-deployed precision Storm Shadow missiles 'killed eight and wounded 22' in a major blow to tyrant President Vladimir Putin. Chaotic footage showed the strike on Lgov targeting a building used by Russian serviceman, and today it was revealed that the lives of two colonels were lost to the blast. Lieutenant-Colonel Valery Tereshchenko, chief of communications of the elite...

Russia’s aviation chief said Friday that a Ukrainian drone attack was under way in the region of Chechnya at the time an Azerbaijani airliner attempted to land before diverting to Kazakhstan and crashing there earlier this week... Yadrov, the Russian aviation chief, said that as the plane was preparing to land in Grozny in deep fog, Ukrainian drones were targeting Grozny, prompting authorities to close the area for air traffic. Yadrov said that after the captain made two unsuccessful attempts to land in Grozny, he was offered other airports as an alternative but decided to fly to Aktau across the...