Caspian Sea: Ukrainian Forces Attack Russian Offshore Oil Field

Source: Bloomberg

“Ukraine attacked Lukoil PJSC’s Filanovsky oil field in the Caspian Sea, according to a person familiar the matter, widening the scope of its strikes on Russian energy infrastructure just as President Volodymyr Zelenskiy is under US pressure to agree to a peace deal largely on the Kremlin’s terms. Ukraine’s long-range drones have hit the Filanovsky platform at least four times, halting output from more than 20 production wells at the offshore field, the person said, speaking on condition of anonymity. Bloomberg could not independently verify the information and Lukoil did not immediately respond to a request for comment. Kyiv’s forces have been intensifying their strikes on Russia’s energy facilities in the last few months, seeking to reduce the revenue that helps Moscow fund its invasion.” (12/11/10)

https://archive.is/fD1LW

We need to quarantine rabid government

Source: Eastern New Mexico News
by Kent McManigal

“It has always bothered me how much of the news is concerned with what government is doing. In a way, I understand. When there’s a rabid dog at your door, you need to know about it. Unfortunately, talking about it doesn’t solve the problem. The rabid dog is still there, threatening us. F. William ‘Bill’ Schmidt, a man of impressive accomplishments whom I only learned about after his recent death at the age of 92, wrote: ‘Why is Government always the principal subject of public discussion? Because the existence of Government violates the Natural Rights of everyone; and everyone is struggling to understand this malevolent institution which inevitably creates conflicts and chaos.’ He was right.” (12/10/25)

https://www.easternnewmexiconews.com/story/2025/12/10/voices/opinion-we-need-to-quarantine-rabid-government/232311.html

Divided Fed cuts rates, signals pause as growth rebounds

Source: Honolusu Star-Advertiser

“The Federal Reserve cut interest rates today in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for clearer signals about the direction of the job market and inflation that ‘remains somewhat elevated.’ New projections issued after the U.S. central bank’s two-day meeting showed the median policymaker sees just one quarter-percentage-point cut in 2026, the same outlook as in September, with inflation expected to slow to around 2.4% by the end of next year, even as economic growth accelerates to an above-trend 2.3% and the unemployment rate remains at a moderate 4.4%. … The decision to lower the benchmark policy rate by a quarter of a percentage point to the 3.50%-3.75% range drew three dissents, with Chicago Fed President Austan Goolsbee joining Kansas City Fed President Jeffrey Schmid in arguing the policy rate should be left unchanged, and Fed Governor Stephen Miran again advocating a larger half-percentage-point reduction.” (12/10/25)

https://www.staradvertiser.com/2025/12/10/breaking-news/divided-fed-cuts-rates-signals-pause-as-growth-rebounds/

The Pandemic Revealed the Most Cowardly Society of All Time

Source: Brownstone Institute
by Filipe Rafaeli

“‘It’s not time to admit that the vaccines don’t stop Covid transmission? The data is clear,’ [Alex] Berenson posted on his Twitter in August 2021. His statement was simply true. … The next day, Twitter permanently banned him. The reason given: violation of rules for spreading ‘false information about Covid-19.’ Soon afterward, it was proven that the White House had pressured social media platforms to censor numerous journalists, scientists, and whistleblowers who pointed out that the vaccine propaganda was misleading. … In the United States, freedom of speech is so deeply rooted in society that, in the name of that principle, they tolerate people marching down the street carrying Nazi flags. In other words, in the US you can walk around with one of those flags in public, but you cannot point out that there is misleading advertising about a pharmaceutical product. That crosses the line.” (12/10/25)

https://brownstone.org/articles/the-pandemic-revealed-the-most-cowardly-society-of-all-time/

Iceland joins boycott of Eurovision 2026 in protest at Israel’s involvement

Source: Al Jazeera [Qatari state media]

“Iceland will not take part in next year’s Eurovision Song Contest, the country’s public broadcaster has said, joining four other countries boycotting the event over Israel’s inclusion. Broadcaster RUV said on Wednesday that the Nordic nation would not participate in the 2026 competition, after organiser the European Broadcasting Union (EBU) greenlit Israel’s involvement last week, dismissing calls from some countries to hold a vote on whether to exclude the country. … Iceland, along with Ireland, Spain, Slovenia and the Netherlands, had threatened to boycott next year’s edition of the glitzy music contest, due to be held in Vienna in May, if Israel took part, citing its genocidal war on Palestinians in Gaza – as well as allegations that it unfairly intervened in the most recent competition to the benefit of its entrant.” (12/10/25)

https://www.aljazeera.com/news/2025/12/10/iceland-to-join-boycott-of-eurovision-in-protest-at-israels-involvement

CA: Judge Says Trump Must End Los Angeles Occupation

Source: New York Times

“A federal judge ordered the Trump administration on Wednesday to immediately end its current deployment of California National Guard troops in Los Angeles, ruling that the federal government had illegally kept them in the city long after intense street protests had ended in the summer. The ruling by Judge Charles R. Breyer of the Federal District Court in San Francisco applies to about 100 National Guard soldiers who remain in Los Angeles six months after protests erupted over immigration raids. Judge Breyer directed the federal government to return control of the troops to Gov. Gavin Newsom of California, but he stayed his order until Monday. The Trump administration is expected to appeal.” (12/10/25)

https://archive.is/H8oh6

A stark lesson about the president’s war powers

Source: Washington Post
by George F Will

“Do not expect the Constitution’s language and structure to impede what decades of presidential practices have made normal: presidents doing what they choose regarding warmaking. The current president has pushed prerogative to absurdity (e.g., defining war as something waged by suspected drug smugglers). In domestic affairs (e.g., a bogus ’emergency’ justifying tariffs; an executive order amending the 14th Amendment regarding birthright citizenship), the Constitution probably soon will restrain him. Regarding warmaking, however, the Constitution, Congress and norms are cobwebs inadequate for lassoing a presidential locomotive. So, voters are learning the Constitution’s limited ability to mitigate the consequences of their choices. Neither the language of the law (constitutional or other), nor what are now shadows of norms, can substitute for what is indispensable: an occupant of the presidency whose constitutional conscience causes him or her to distinguish the proper from the merely possible.” (12/10/25)

https://archive.is/fwd0b

The new mercantilism

Source: Adam Smith Institute
by Madsen Pirie

“At its core, mercantilism emphasizes using tariffs and trade restrictions to boost national exports, limit imports, and accumulate wealth or power, rather than relying on free-market trade flows to optimize global welfare. The current trade strategy of President Trump and his administration largely echoes those principles, with aggressive and broad tariffs on imports, plus reciprocal tariffs meant to penalize trade partners. Some commentators call this a new mercantilism,adapted for 21st-century global trade conflicts. It is characterized by combining tariffs, trade restrictions, and industrial policy aimed at re-shoring manufacturing and reducing dependency on rival powers. … in terms of motivation and tools, the US seems to be embracing a mercantilist trade-power strategy again, even if it doesn’t use the same rhetoric as 18th-century mercantilist states.” (12/10/25)

https://www.adamsmith.org/blog/the-new-mercantilism-250