Show notes
Today’s Headlines: Russia is having a great week. It's sharing satellite imagery, intelligence, and drone technology with Iran, sending a tanker of 700,000 barrels of crude to Cuba in direct defiance of the U.S. blockade, and watching oil approach $110 a barrel. Israel assassinated Iran's intelligence minister, Iran's new Supreme Leader vowed revenge, and the IDF is still running wide-scale strikes across Iran and southern Lebanon. The Fed announced no interest rate cuts this month — or likely this year — because starting a war with no plan tends to complicate things. Gas nationally jumped nearly a dollar a gallon in under four weeks, wholesale food prices hit their biggest spike in a year, and that's before oil prices fully filter through to grocery shelves. Trump's solution is to quietly waive sanctions on Venezuelan, Russian, and Iranian oil — the sanctions he spent years bragging about. On Capitol Hill, Tulsi Gabbard testified at the Worldwide Threats Hearing and managed to both defend the war and confirm that Russia, China, Iran, North Korea, and Pakistan are jointly developing nuclear missile systems targeting the U.S. homeland — apparently without noticing the tension there. She declined to confirm Russia is arming Iran, even as it's actively happening. Markwayne Mullin's DHS confirmation hearing got contentious, with Rand Paul making clear he's a no. The Fed held rates steady and basically told Trump to stop asking. In a bombshell report, the New York Times published allegations from more than 60 sources — including civil rights icon and UFW co-founder Dolores Huerta — that labor hero Cesar Chavez groomed and sexually abused girls as young as 12 within the movement. Huerta, now 95, said the abuse led to the birth of two children she placed for adoption, and that she stayed silent for 60 years knowing she would be pushed out of the movement she helped build. Her statement is devastating and worth reading in full. And Meta shut down Horizon Worlds — its virtual reality social network that almost no one used and that cost the company a reported $77 billion.
Resources/Articles mentioned in this episode:
Bloomberg: Cuba’s Worst Fuel Crisis in Decades May Get Relief From Russia
WSJ: Russia Is Sharing Satellite Imagery and Drone Technology With Iran
CNBC: Israel says it has killed Iran’s intelligence minister in third assassination in two days
NBC News: Tulsi Gabbard in spotlight after top official resigns in protest over Iran war
The Hill: CIA director confirms Iran seeking intelligence support from Russia, China
NBC News: Live updates: Senators clash with Trump's homeland security pick; intel officials testify on top threats
CNBC: The Fed issues its latest interest rate decision Wednesday. Here's what to expect
WSJ: Oil Rises After Israel Strikes Iran Gas Field and Tehran Hits Qatar Fuel Hub
AP News: US wholesale prices rose by a surprisingly hot 3.4% last month, the most in a year
AP News: US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war
NYT: Cesar Chavez, a Civil Rights Icon, Is Accused of Abusing Girls for Years
NYT: Dolores Huerta Issues Statement on Cesar Chavez Sexual Abuse Allegations
CNBC: Meta is shutting down VR social platform Horizon Worlds in further pivot away from the metaverse
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