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Wednesday, April 15, 2026

US sanctions oil network tied to Iranian tycoon Shamkhani

 The United States on Tuesday imposed sanctions on a network of companies, ships and individuals tied to Mohammad Hossein Shamkhani, an Iranian oil trader whose business empire has become a major conduit for Iran’s sanctioned petroleum exports.

Shamkhani is the son of the late Ali Shamkhani, a longtime senior security official who served for years as secretary of Iran’s Supreme National Security Council and remained an influential figure in the country’s leadership.

The Treasury Department said the measures target a sprawling web of shipping and logistics firms that it says help move Iranian oil around international sanctions, generating billions of dollars in revenue for Tehran while enriching figures linked to Iran’s political elite.

“Treasury is moving aggressively with Economic Fury by targeting regime elites like the Shamkhani family that attempt to profit at the expense of the Iranian people,” Treasury Secretary Scott Bessent said in a statement.

American officials said the network relied on front companies across several countries, including the United Arab Emirates, India and the Marshall Islands, along with a fleet of oil and gas tankers used to transport Iranian and Russian petroleum products.

The measures also targeted a separate financial network tied to Seyed Naiemaei Badroddin Moosavi, an Iranian national whom US officials accuse of helping facilitate oil smuggling and gold transfers linked to Hezbollah and Iran’s Revolutionary Guards.

The action comes at a delicate moment in the long-running standoff between Washington and Tehran.

American and Iranian officials are currently exploring ways to extend a fragile ceasefire after weeks of conflict, and diplomats from several regional countries have been quietly pushing both sides toward a broader agreement.

Iranian officials have repeatedly said that any deal would have to include relief from US sanctions that have battered the country’s economy.

Despite those diplomatic efforts, the new sanctions underscore Washington’s continued reliance on economic pressure against Iranian networks involved in oil sales and financing activities tied to the government and its allies.

https://www.iranintl.com/en/202604015316

Ghalibaf: US should withdraw from 'Israel First' mistake

 Iranian Parliament Speaker Mohammad Bagher Ghalibaf said the United States should "withdraw from 'Israel First' mistake" and that it "must comply" with a ceasefire in Lebanon.

"The completion and consolidation of a comprehensive ceasefire in Lebanon will be the result of the resistance and steadfast struggle of the great Hezbollah and the unity of the Axis of Resistance. The United States must comply with the agreement," Ghalibaf wrote on X.

"Resistance and Iran are one soul, both in war and in ceasefire," he noted.

https://breakingthenews.net/Article/Ghalibaf:-US-should-withdraw-from-'Israel-First'-mistake/66078938

Hezbollah says launched 39 strikes over 24 hours

 Hezbollah said it carried out 39 attacks over the past 24 hours against Israeli targets, according to Al Jazeera.

The group targeted Israeli settlements, troop concentrations, military vehicles and close-range clashes at the southern border and in northern Israel, the report said.

https://breakingthenews.net/Article/Hezbollah-says-launched-39-strikes-over-24-hours/66079061

Bessent Keeps Running Tally Of China As "Unreliable Global Partner" - Count Now Stands At Three

 Treasury Secretary Scott Bessent told reporters Tuesday that Beijing’s panic hoarding of crude and refined products, while refusing to join the rest of the world in releasing supplies to offset the Gulf energy shock, has now demonstrated for the third time in five years that China is an "unreliable global partner."

"China has been an unreliable global partner three times in the past five years; once during COVID, when they hoarded healthcare products, second on rare earth," Bessent said, referring to Beijing's move last year to weaponize rare earth exports against the US in the tit-for-tat trade war that disrupted US supply chains, including temporary factory shutdowns such as production lines briefly shuttered by Ford Motor Company.

Bessent said China continued to purchase tanker loads of crude instead of helping ease the global supply crunch caused by Iran’s closure of the Strait of Hormuz, despite already holding a massive strategic reserve. He also noted that China restricted exports of crude products early in the conflict. 

Reuters noted that China's strategic petroleum reserve "was roughly the same size as that of the entire reserve held by the 32-member International Energy Agency, but it was continuing to purchase oil."

Bessent added, "They continued buying, and they've been hoarding, and they have cut off exports of many products." 

On US-China relations, he told reporters he's been in contact with Chinese officials about the hoarding issue. 

He declined to comment on whether the dispute and elevated tensions will derail an upcoming Trump-Xi meeting in Beijing, which has been pushed to mid-May.

"I think the message for the visit is stability. We've had great stability in the relationship since last summer; that emanates from the top down," he said. "I think that communication is the key."

Bessent added that the US military blockade would ensure that no Chinese tankers or other ships would pass the strait: "So they're not going to be able to get their oil. They can get oil. Not Iranian oil." 

Last week, International Energy Agency chief Fatih Birol warned that governments must avoid panic hoarding and refrain from imposing fuel export bans as the Gulf energy shock continues to ripple outward to Asia, Africa, Europe, and eventually reaches the US West Coast.

"I urge all countries not to impose bans or restrictions on exports," Fatih Birol emphasized in a Financial Times interview. "It is the worst time when you look at the global oil markets. Their trade partners, their allies and their neighbors will suffer as a result."

The FT noted that Birol was "careful not to name China directly," but made very clear his warning was likely aimed at Beijing.

So Bessent is clearly keeping a running tally of Beijing’s behavior as an "unreliable global partner," and by his count, the number now stands at three.

What comes next is unclear, but the next signal will likely come from the upcoming Trump-Xi meeting.

https://www.zerohedge.com/energy/bessent-keeps-running-tally-china-unreliable-global-partner-count-now-stands-three

Artiva Spotlights RA as Lead NK Cell Program, Eyes H1 Efficacy Data Catalyst at Needham

 



Artiva is prioritizing rheumatoid arthritis (RA) as the lead indication for its off-the-shelf NK cell platform and expects an H1 efficacy data readout in at least 15 RA patients (most with ≥6 months follow-up) alongside updates on potential pivotal-trial discussions with the FDA.


The therapy uses non‑genetically modified NK cells plus rituximab to drive deep B‑cell depletion and the company is targeting ~50% ACR50 in late-line RA; early autoimmunity data (32 patients) showed no CRS or ICANS and primarily transient cytopenias as the main safety signals.


Artiva says one cord unit can yield ~4 trillion NK cells (enough for ~500–1,000 patients) and its 9,000 sq ft facility could treat a similar scale, and the company reported $108 million in cash with runway into Q2 2027.
Artiva Biotherapeutics (NASDAQ:ARTV) is prioritizing rheumatoid arthritis (RA) as the lead indication for its non-genetically modified natural killer (NK) cell therapy platform, executives said during a discussion at the Needham Healthcare Conference. Speaking with Needham Senior Biotech Analyst Gil Blum, CEO Fred Aslan outlined the company’s mechanism of action, the upcoming clinical data catalyst in RA, and Artiva’s view of how safety, durability, and manufacturing scalability could shape adoption in community rheumatology settings.


https://finance.yahoo.com/sectors/healthcare/articles/artiva-biotherapeutics-spotlights-ra-lead-220253762.html

I Demand an Inflation Tax on Gubmint Employees

 No one can doubt the sincerity of our blue-state governors in their noble quest to teach migrants a lesson with wealth taxes and exit taxes? I mean, of course, the migrants from blue states to red states, the traitors who, as billionaires and white oppressors, don’t want to pay their fair share.

But there’s a bigger issue, one that our liberal friends are naively ignorant about, as usual.

It is inflation.

A century ago, the dollar was priced at $20.67 per ounce of gold. Today it’s about $4,770 per ounce. If we assume that the gold price is the closest measure we have of inflation, then the dollar is worth less than 1/200th of its value a century ago. Or less than half a cent of the dollar in 1926.

Inflation, as Milton Friedman wrote, “is always and everywhere a monetary phenomenon.” That is economist-speak for “government did it.”

And it seems to me, as a gentle soul writing in the spirit of our beloved blue-state governors, that the people in government that “did it” are saboteurs and wreckers and should pay for their crimes.

I propose, to avoid a McCarthyite witch hunt, that we simply institute an Inflation Tax on the income and emoluments of all politicians, government employees, regulators, and also non-governmental organizations that receive grants from the government.

How much should that Inflation Tax be? In the interest of justice and personal responsibility, it should merely be equal to the inflation recorded on the Gross Domestic Product: Implicit Price Deflator. FRED has the numbers. from Q4 2024 to Q4 2025 the index went from 126.45 to 130.624. That’s an increase of 3.29 percent. There’s your base rate for the Inflation Tax in 2026 that all the grifters -- I mean, devoted public servants -- should willingly pay.

Somehow, to me, that doesn’t seem like it’s enough. Not for elected politicians whose votes for more spending help drive the inflation train. Not for government executives whose failures we the people get to pay for.

Just as with the income tax, the Inflation Tax should be graduated, so that those close to the corridors of power will get to pay their fair share. I am sure that Sen. Elizabeth Warren (D-MA), given her passion for justice, will agree with me.

I think that, in the interests of justice, government executives should pay double the base rate of the Inflation Tax and that elected officials should pay triple the base rate of the Inflation Tax.

And then there is a special case: the Chairman of the Federal Reserve Board, the man with his hand on the money spigot. I won’t say his name, because I am opposed to doxxing. But you know who he is.  There is no inflation unless the Chairman of the Federal Reserve Board wills it with his money creation. I believe that a poll of philosophers, theologians, and secular moralists would reveal a consensus that the Chairman of the Federal Reserve Board should pay ten times the base Inflation Tax rate. Because justice and morality. In 2025 his Inflation Tax rate would have been 32.6 percent of income and emoluments. That would be justice if I ever saw it.

Think the graduated rate for the Chairman of the Federal Reserve Board is too high? Then, did you know that the monetary base went from $3.455 trillion in February 2020 to $4.845 trillion in April 2020 to finance the War on COVID? That’s an increase of 40 percent in two months! And for what! To finance all those mostly peaceful protests in the Year of Floyd?

But hey, inflation peaked at only 6.47 percent in 2022. So the Chairman of the Federal Reserve Board would only have paid about 65 percent of his remuneration in Inflation Tax. Imagine if he were in charge of Argentina’s central bank, where inflation is down from 200 percent to 33 percent under the chainsaw of President Milei.

Now, according to Google AI, there are about 22-23 million government employees in the United States, and the average earnings of state and local government employees is north of $65 per hour, including benefits. So if we assume that they work 40 hours per week and 40 weeks a year, that would add up to about $74 billion collected by the Inflation Tax last year. Not a lot, not even as much as the notorious Trump Tariffs, that collected nearly $200 billion in 2025.

However, all this is nothing to what is transpiring in Canada where a speaker at the Liberal Party convention proposed to charge young people $500,000 to go work in the USA, in the true spirit of Marx’s 1848 demand for “the confiscation of the property of emigrants and rebels.”

Christopher Chantrill @chrischantrill blogs at The Commoner Manifesto and runs the go-to site on US government finances, usgovernmentspending.com. Also get his American Manifesto and his Road to the Middle Class.

https://www.americanthinker.com/articles/2026/04/i_demand_an_inflation_tax_on_gubmint_employees.html

The Insanity Defense: A Public Danger

 On August 22, 2025, Iryna Zarutska, a 23-year-old Ukrainian refugee who had fled her country because of the Russian invasion, was stabbed from behind three times while seated on a train. The perpetrator, Decarlos Dejuan Brown Jr., was arrested and charged with first-degree murder but was later determined to be mentally incapable of standing trial.

Cases like that of Iryna Zarutska bring into sharp focus the gap between abstract theories and concrete consequences. Here is what happens when dangerous individuals intersect with systems more concerned with process than protection. This tragedy is more than a loss of life; it underscores a recurring pattern of sheltering the criminally insane from logical consequences. 

The phrase “criminally insane” somehow diminishes the threat they pose and rests on a profound misunderstanding. If anything, such a designation ought to sharpen our awareness of that threat. A person who commits violent acts within the bounds of rational calculation may be deterred by consequences, constrained by incentives, or rehabilitated through changes in circumstance. But a person who commits those same acts without regard to reality itself -- untethered from reason, immune to ordinary incentives -- presents a far more intractable danger.

Yet modern discourse often moves in the opposite direction. Once the label of insanity is applied, the conversation shifts almost immediately from protection to treatment and from accountability to sympathy. This is not because the facts have changed, but because the narrative has. The perpetrator is no longer seen primarily as a threat to others but as a victim of his own condition. The victims of his actions, meanwhile, fade into the background.

Such thinking reflects a broader pattern: the elevation of intentions over outcomes. But good intentions do not alter the underlying reality that some individuals are simply not amenable to rehabilitation. To assume otherwise is to substitute hope for evidence.

Historically, societies have recognized that certain individuals pose a continuing danger regardless of the language used to describe them. Whether labeled “mad,” “deranged,” or “insane,” such individuals were often removed from the general population not out of cruelty, but out of necessity. The goal was not punishment in the moral sense, but protection in the practical sense.

In recent decades, however, the rise of “therapeutic jurisprudence” has shifted the focus. The legal system increasingly treats criminal behavior through the lens of diagnosis rather than deterrence. This approach carries with it an implicit assumption: that with sufficient treatment, even the most disturbed individuals can be rendered safe.

But this assumption is not borne out consistently in practice. The very definition of criminal insanity hinges on the inability to distinguish right from wrong or to conform one’s conduct to the law. If a person lacks that basic capacity, then the mechanisms that normally guide human behavior -- laws, penalties, social expectations -- have limited effect. In such cases, rehabilitation is not simply difficult; it may be fundamentally unattainable.

In addition, the unpredictability associated with severe mental disorders compounds the risk. A rational criminal may weigh costs and benefits, making his behavior at least partially foreseeable. An irrational one does not. The absence of a stable framework for decision-making makes it far more difficult to assess when, or if, such a person can safely reenter society.

Despite this, there remains a persistent reluctance to draw the logical conclusion. If the primary purpose of the penal system is to protect society, and if certain individuals -- by virtue of their mental condition -- pose a continuing and unpredictable threat, then the appropriate response is not temporary containment, but permanent removal from situations where they can harm others.

This is not a call for retribution, nor is it a denial of the humanity of those afflicted with severe mental illness. It is, rather, an acknowledgment of the limits of what treatment can achieve and the risks a society can reasonably be expected to bear.

To ignore these limits is to impose the costs of failure on innocent people. When a system errs on the side of premature release, it is not policymakers or theorists who bear the consequences, but ordinary citizens who find themselves victims of preventable violence. In this sense, the romanticization of rehabilitation becomes not merely misguided, but dangerous.

There is also an inherent asymmetry in how risks are distributed. The individual deemed criminally insane stands to gain freedom if the system errs in his favor. Society, on the other hand, stands to lose safety. When the stakes are so uneven, prudence dictates that the margin of error should favor protection rather than optimism.

None of this precludes efforts to treat mental illness. Treatment should be pursued wherever possible, both for the sake of the individual and for the broader goal of reducing harm. But treatment and containment are not mutually exclusive. One can recognize the value of medical intervention while also acknowledging that, in certain cases, it does not eliminate the underlying risk.

The difficulty lies in confronting an uncomfortable truth: that some problems do not have tidy solutions. The belief that every individual can be rehabilitated is appealing, but it is not universally true. Clinging to that belief in the face of contrary evidence does not make it more accurate; it merely makes the consequences of error more severe.

Ultimately, the measure of a legal system is not how well it articulates noble ideals, but how effectively it protects the people it serves. When dealing with individuals who have demonstrated both a capacity for violence and an inability to conform their behavior to reality itself, the priority must be clear. Society cannot afford to treat such cases as experiments in optimism.

Preventing another tragedy like that suffered by Iryna Zarutska does not require new slogans or more eloquent theories -- it requires a return to first principles. A legal system that cannot reliably distinguish between those who can be safely returned to society and those who cannot has no business erring on the side of release. The burden should not fall on the public to hope that experts have finally gotten it right this time. It should fall on the system to ensure that it does not get it catastrophically wrong again. Until that priority is restored, assurances about treatment and rehabilitation will ring hollow to those who understand that the next preventable victim is not an abstraction but a certainty waiting for its moment. 

Jim Cardoza is the author of The Moral Superiority of Liberty and the founder of LibertyPen.com. Read more of his essays there.

https://www.americanthinker.com/articles/2026/04/the_insanity_defense_a_public_danger.html