A U.S. drone strike in Afghanistan is reported to have missed its terrorist target, killing at least 9 civilians. (Multiple sources are reporting different casualty totals of 9, 16, and more than 30 civilians.) The drone strike allegedly missed its target “after accidentally targeting farmers and laborers who had just…
Federal Reserve Announces Interest Rate Cut Amid Strong Economy, but Trade Uncertainty
September 18, 2019
Federal Reserve Chairman Jerome Powell announced today that there will be an interest rate cut of a quarter of a percentage to 1-3/4 to 2 percent. The interest rate cut is aimed to support “sustained expansion of economic activity, strong labor market conditions, and [a curbed] inflation.” The Fed Chairman…
Taliban Bombings in Afghanistan Kill 48
September 17, 2019
The Taliban has claimed responsibility for two bombings in Afghanistan killing 48 people. The first bombing occurred during a campaign rally for President Ashraf Ghani killing at least 26 people and wounding more than 30 others. The second bombing took place “not far from the U.S. Embassy” in Kabul, and…
Terrorist Attack on Saudi Arabia Oil Plants Takes Out 5% of Global Oil Supply
September 16, 2019
A terrorist attack on two Saudi Arabia oil plants has taken out roughly 5% of global oil supply. On Saturday, “several explosions occurred as a result of terrorist attacks in Saudi Aramco plants in Khurais and Abqaiq” causing the stoppage “of crude oil supplies estimated at 5.7 million barrels, or…