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Trump Formally Nominates Kevin Warsh for Fed Chair: A Long-Awaited Shift, but Hurdles Ahead
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Trump Formally Nominates Kevin Warsh for Fed Chair: A Long-Awaited Shift, but Hurdles Ahead

Washington, March 6, 2026 — President Donald Trump took a decisive step forward on Wednesday, March 4, by formally submitting to the Senate the nomination of Kevin Warsh to become the next Chair of the Federal Reserve. This official action, following Trump's initial announcement on January 30, officially kicks off the confirmation process for the man poised to succeed Jerome Powell, whose term as Chair ends on May 15, 2026.

2 min read
Strait of Hormuz Effectively Closed: Iran Puts the World on Energy Alert
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Strait of Hormuz Effectively Closed: Iran Puts the World on Energy Alert

For the first time in modern history, the Strait of Hormuz—the vital artery of global oil trade—is effectively closed. Not through an official naval blockade, but through concrete threats, targeted attacks, and total military control claimed by the Islamic Revolutionary Guard Corps (IRGC). The result: 80 to 90% of commercial traffic has vanished in just a few days.

2 min read