The Gulf Coast is being battered by strong winds and heavy rains courtesy of Tropical Storm Gordon, which hit the Louisiana-Alabama-Mississippi coastline Tuesday night. As the storm approached land, the winds increased speeds and threatened to be categorized as a fully-fledged hurricane. Meteorologists are predicting up to 1 foot of rain and inland flooding from Mississippi to Arkansas.
The bad news flowing out of Venezuela this year rivals even that of the mighty surges of the Orinoco River as news came out over the weekend of an assassination attempt against Venezuelan President Nicolás Maduro. During a televised speech to soldiers, a drone carrying explosives detonated in the skies of Caracas, forcing President Maduro and his retinue to flee for safety. Although he escaped without injury to his person, his reputation and government took a considerable hit. This latest attempt comes amidst widespread economic collapse and cataclysmic inflation levels.
In the past week, there has been chatter revolving around the Iranian threat to close the Strait of Hormuz in response to the United States sanctions against Iran. The Strait of Hormuz is a 21-mile wide waterway that is a key chokepoint connecting the Persian Gulf and the Arabian Sea. More than 20 percent of the world’s crude oil is transported through the Strait from not just Iran, but Iraq, Saudi Arabia, the U.A.E., Kuwait, Qatar, and Bahrain.
Like an aging New Waver desperately holding onto an outdated Flock of Seagulls haircut, the European Union is straining to maintain their part of the 2015 Iran Nuclear deal. After President Trump made his announcement that the United States would be pulling out of the deal, European Union member nations decided to remain in the agreement and stated that they would continue doing business with Iran. In practice however, many European companies are winding down and severing their business deals with Iran.
On Tuesday, President Donald Trump announced to the world that the United States will be withdrawing from the Joint Comprehensive Plan of Action, commonly referred to as the Iran Nuclear Deal. This move marks a split between the US and its European allies, notably Germany and France whose leaders have been urging President Trump fix the existing agreement instead of pulling out entirely.