Around 4:30 this morning here in India, a major event unfolded: India launched what they're calling "Operation Sindoor." This involved strikes on multiple locations across the border in Pakistan and Pakistan-administered Kashmir.

Essentially, India says they targeted nine sites linked to terrorism in places like Muridke, Kotli, Muzaffarabad, and Bahawalpur. They're saying this was a direct response to that deadly attack on tourists in Pahalgam a couple of weeks ago, which India blames on Pakistan-based militants.

The Indian government is trying to downplay any escalation, saying they only hit terrorist infrastructure and not any Pakistani military targets. They're framing it as delivering justice.

Meanwhile, Pakistan has confirmed that Indian missiles hit three locations: Muzaffarabad, Kotli, and Bahawalpur. They initially claimed to be responding and later said they shot down two Indian jets, though that hasn't been verified. Pakistan's Prime Minister is strongly condemning the attack.

This "Operation Sindoor" seems to be a pretty significant...

A significant trade development has emerged with the announcement of a 100% tariff on all movies produced outside the United States. The individual stated this new policy aims to revitalize the American film industry, which he argues is in decline due to foreign competition and incentives.

In a statement posted online, he asserted that incentives offered by other nations are leading to the "very fast death" of Hollywood. He further characterized this situation as a "concerted effort by other Nations" and labeled foreign-produced films as a "National Security threat" and potential "messaging and propaganda."

The directive has been given to the Department of Commerce and the United States Trade Representative to immediately begin the process of implementing this 100% tariff on all foreign-produced films entering the country, with the stated goal of bringing movie production back to America.

Following the announcement, the Commerce Secretary indicated immediate action.

This proposed tariff has significant implications for...

Why the Indian Rupee took a hit after India's military actions:

Think of the...

Crude oil prices are remaining low following OPEC+'s recent decision to increase oil...