The Consumer Price Index jumped from 2.4% before the conflict started in February to 3.3% in March, and now 3.8%, driven largely by energy costs up 3.8% in a single month. The core index—stripping out food and energy—also rose, reaching 2.8%.
Fuel costs have bled into airline fares, up 2.8%, and into the cost of goods transported by truck or ship. Grocery prices have climbed 2.9% over the past year, with beef rising on smaller cattle herds and tomatoes surging nearly 40% due to tariffs, severe weather, and higher fuel costs.
RSM projects inflation may peak at or above 4.5% this summer as the supply shock works through the economy. Real wages have started falling again—adjusted for inflation, hourly earnings dropped 0.5% in April, the second straight monthly decline.
The White House acknowledged the war’s consequences but pointed to Trump's actions on drug pricing, arguing those costs have fallen. Spokesman Kush Desai said the administration remains "laser-focused on delivering growth and affordability on the home front while working to eliminate the Iranian nuclear threat."
The hotter-than-expected inflation data weakens the case for Federal Reserve interest rate cuts this year; many analysts have already pushed their forecasts for cuts into 2027.
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Reporter: The price doubled.
Trump: I doubled the size of it, you dumb person. You are not a smart person.
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Forwarded from Rerum Novarum // Intel, Breaking News, and Alerts 🇺🇸
🇺🇸🇮🇷⚡- Iran won't enter a second-round of talks with the US unless five points are met by Washington, Fars News reports.
The five points:
- Ending the war on all fronts,
- Compensating war damages,
- Releasing frozen assets,
- Lifting of all sanctions,
- Recognition of Iran's sovereignty over the Strait of Hormuz.
The five points:
- Ending the war on all fronts,
- Compensating war damages,
- Releasing frozen assets,
- Lifting of all sanctions,
- Recognition of Iran's sovereignty over the Strait of Hormuz.
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Trump: My policies are working incredibly. If you go back to just before the war, inflation was at 1.7%. If you want to let these lunatics have a nuclear weapon, then you’re a stupid person, and you happen to be I know you very well.
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When the Fake News says that the Iranian enemy is doing well, Militarily, against us, it’s virtual TREASON in that it is such a false, and even preposterous, statement. They are aiding and abetting the enemy! All it does is give Iran false hope when none should exist.
These are American cowards that are rooting against our Country. Iran had 159 ships in their Navy — Every single ship is now resting at the bottom of the sea. They have no Navy, their Air Force is gone, all Technology is gone, their “leaders” are no longer with us, and the Country is an Economic Disaster.
Only Losers, Ingrates, and Fools are able to make a case against America!
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You cannot send mixed signals.
On the one hand said people need to rise and at the same time, say, "Wait, we are negotiating." It's confusing the hell out of everyone.
And I think this is the kind of issue that has been a little bit of a concern for all of us watching and observing how the situation is unfolding.
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To every decent human being—regardless of religion, ethnicity, nationality, race, or any other distinction,
To Muslims, Jews, Christians, Sikhs, Hindus, Buddhists, and all others of faith,
And to those who follow no formal religion but hold deeply to the universal values of peace, justice, and human dignity:
The U.S. - Israel launched this war of aggression on 28 February 2026, for a second time in less than a year, while Iran-U.S. were engaged in diplomatic negotiations.
This is not merely a war over land, resources, or geopolitics. This is a war that will determine the very meaning of 'good' and 'evil' in our time and for future.
What has been unleashed upon our peace-loving nation is not just another conflict. On one side stand those who delight in violating every law of war and basic human decency—those who murder for sport, who slaughter children to torment their families, who fire newest missiles at women’s sports halls simply to test their destructive power.
This is a war between those who boast of torpedoing unarmed vessels “for more fun,” and those who go to extraordinary lengths to protect innocent lives.
This is a war between professional liars who fabricate justifications for atrocity, and a proud people who defend their homeland and human dignity relying solely on their own strength and resolve.
This is a war between those whose decisions are shadowed by moral compromise, and those who act with a clear conscience.
This is a defining struggle for the future of humankind. It will decide whether civilization’s hard-won achievements—human rights, the rule of law, and basic morality—will survive or be swept away.
We must choose:
Do we accept a world ruled by modern slave masters—arrogant, domineering, and unaccountable—who govern through coercion, lies, and extortion?
Or do we stand for a world grounded in respect, justice, peace, and human dignity?
Humanity’s conscience is not yet dead. But in times like these, silence is complicity with evil.
If you reject the path of barbarism and domination, then find the moral courage to speak, to act, and to stand on the right side of history—before the world descends into an abyss of lawlessness and subjugation.
The choice is yours.
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We will be happy if there will be no deal, we will be happy if the siege on Hormuz continues, and we will be happy if Iran gets a few more strikes.
Escalation is a realistic scenario if the Iranians continue to play and drag negotiations.
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“It’s not at all clear that all of their missions are coordinated with the [Mexican] government,” a source said.
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My speech today is called, "Not a word about the United States."
We meet at a time when the world feels less stable than it has for many decades. War is no longer something we only read about in history books or faraway headlines.
Conflicts, pressure, and power politics are shaping decisions in almost every corner. This is not just a security crisis. It is a challenge to the international order we have relied on for decades.
From a Greenlandic point of view, these changes are real and close, not abstract. The Arctic is no longer a remote or isolated region. It has become a place of growing strategic interests.
Military activity is increasing. Infrastructure that once seemed technical or neutral, cables, satellites, air routes, is now clearly linked to security and resilience. For Greenland, resilience and security starts at home.
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The Greenlandic people have lived in the Arctic for thousands of years. We learned early on that survival depends on cooperation. You don't make it through harsh conditions alone. Everyone has a role. Everyone matters. That way of thinking still guides us today.
Our location in the North Atlantic and the Arctic connects continents, shipping routes, and communication lines. What happens in our region affects far more than the Arctic itself. Security today is not only about soldiers and weapons. It is also about whether societies can function when something goes wrong through cooperation based on shared values.
In Greenland, digital connections are essential. Telecommunication keeps communities connected across vast distances. They support healthcare, education, emergency response, and basic governance. If these systems fail or are interfered with, the effects are immediate. That is why a resilient infrastructure matters.
It matters who built it, who runs it, and who can access it. It is not just a technical question. It is a political and security question.
The same goes for strategic resources. Greenland has minerals that are important for modern economies, development, defense industries, and so on. These resources attract attention and interest from many directions.
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