S&P 500 earnings are in for 2024 Q4, and here is our valuation analysis. The following chart shows the normal value range of the S&P 500 index ($SPX), indicating where the S&P 500 would have to be to have an overvalued P/E of 20 (red line), a fairly valued P/E…
Russian missiles hit the northeastern Ukrainian city of Sumy in the deadliest attack this year, killing at least 24 people, including one child, as residents gathered for Sunday church services, local officials said. At least 84 people, including seven children, have also been wounded in the strike on the city’s…
In 2024-2025, the United States significantly escalated its trade conflict with China through new tariffs, including a substantial 100% tariff on electric vehicles and 50% on essential technologies like semiconductors and solar products. These measures amplify the existing trade tensions and represent a profound shift towards economic decoupling between the…
Survival guides, stockpiling and mass evacuation drills. Europe is scrambling to prepare its citizens for the growing threat of conflict arriving on its doorstep. Several European nations have been offering sobering guidance in recent months – envisioning garages and subway stations transformed into bunkers and promoting psychological resilience. One overarching…
“Women and dried pollock need to be beaten every three days for better taste” – so goes an old saying that was common in South Korea in the 1960s when Choi Mal-ja was growing up in a small city in the country’s southeast. Back then, male violence against women was…
The United Nations’ emergency and disaster response agency will reduce its global workforce by 20% and scale back operations in nine countries, as it confronts a severe funding crisis and escalating global needs, it announced on Friday. In sobering letter to staff shared on the agency’s website, the Office for…
Does America want its friends back? After three months of insulting, tariffing and even threatening to annex some of its best allies, the Trump administration suddenly needs some help. The US President has now escalated a full-on trade clash with China that he doesn’t seem to know how to win.…
Doctors in Argentina were already on high alert when a pregnant Russian woman showed up at the hospital on March 21 with two other women to give birth. Hospital staff in the Patagonian city of Bariloche had seen them before – four days earlier, they struggled to answer questions about…
Former South Korean President Yoon Suk Yeol moved back on Friday with his wife and their 11 dogs and cats to their apartment in an upscale district of Seoul, close to the prosecutors’ office where the impeached leader worked before entering politics. Yoon and his wife Kim Keon Hee, known…
A small group of reservists from Israel’s elite military intelligence unit joined a call for an immediate return of the hostages in Gaza even if it requires an immediate end to the war, in a sign of a growing protest movement after more than 18 months of war. The public…