“Iran[‘s regime has killed] three men charged in connection with political protests this January, authorities have said, the latest in a wave of hangings against the backdrop of the war against the US and Israel. Iranian authorities have carried out [killings] on a near-daily basis in recent weeks in what activists have denounced as a bid to instil fear in society at a time of international and domestic tension. Mehdi Rassouli, Mohammad Reza Miri and Ebrahim Dolatabadi, all considered political prisoners by human rights organisations, were [killed] after being convicted over unrest in the eastern city of Mashhad in January, the judiciary’s Mizan news agency announced on Monday.” (05/04/26)
Source: Ludwig von Mises Institute
by George Ford Smith
“In 1901, on far-away Balangiga — a village in Eastern Samar of the Philippines — an American general gave an order that stripped away any notion of ‘civilizing’ or ‘Christianizing’ a foreign people: ‘Make it a howling wilderness.’ General Jacob H. Smith’s command — accompanied by the instruction to ‘kill everyone over ten’ — was not an aberration. It was consistent with a decision made only a few years earlier about America becoming one of the ‘great’ nations. The government would abandon its anti-imperial tradition and join the ranks of empire.” (05/04/26)
“When one provider goes offline, others should step in. Mississippi’s experience shows how certificate-of-need laws prevent that — and why reform matters for public health.” (05/04/26)
“GameStop has offered to buy ecommerce giant eBay for $55.5 billion, a tie-up that the video game retailer’s boss believes could produce a ‘legit competitor’ to Amazon. The offer comes amid something of a revival at eBay, which has pushed to reinvent itself in the face of rising competition from the likes of Walmart, Amazon, Shein and Facebook Marketplace. GameStop — which became a household name during the meme stock craze of 2021 — has offered $125 per share for eBay, half in cash and half in stock, the company announced Sunday. That represents a 46% premium to eBay’s closing share price on February 4, the day GameStop started building a 5% stake in the company.” (05/04/26)
“Unlike earlier oil crises, which strengthened Western unity, the current situation is fragmenting it. It has become clear that the United States and Israel are not able to protect the Gulf from Iran’s attacks. Horizontal agreements are accordingly being negotiated everywhere one looks: Saudi Arabia and the United Arab Emirates with Ukraine, Canada with China, and European powers with independent countries in the region. The United States faces particular challenges. Under President Donald Trump, the country has tired out its erstwhile allies, who are looking elsewhere for more reliable trade partners.” (05/04/26)
“Secretary of State Marco Rubio is slated to travel to Italy to meet with Pope Leo XIV this week, according to a senior Vatican official, marking the first high-ranking encounter between the pontiff and a top administration official since President Donald Trump issued withering criticism of the Chicago-born pope last month. The visit comes amid a deterioration in relations between the United States and the Vatican, as well as Italy, with observers viewing the trip as an attempt to patch up troubled ties. Rubio, a prominent Catholic in the administration, is expected to meet with Leo on Thursday, according to the Vatican official, who spoke on the condition of anonymity to discuss a meeting that has not yet been made public.” (05/04/26)
“For every successful dream of a new military technology that ends up working as advertised, there are 100 nightmares into which U.S. taxpayers are forced to pour money with little to show for it. The challenge, of course, is to pluck the winners from the losers before the billions have been spent.” (05/04/26)