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Greek Tanker Struck by Missile in Black Sea, Crew Emerges Unharmed

  A Greek‑flagged tanker sailing near the Russian port of Novorossiysk was struck by a missile but remained operational, and all 24 crew members were confirmed safe.   A Greek‑owned and Greek‑flagged tanker sustained material damage after being hit by a missile while sailing approximately 14 nautical miles off the Russian port of Novorossiysk in the Black Sea. According to authorities, the vessel—operated by Maran Gas Maritime—was not carrying cargo at the time of the strike and continued to navigate safely following the incident.  All 24 crew members on board, including ten Greek nationals, thirteen Filipinos, and one Romanian, were reported to be in good health. The impact caused damage to the starboard side of the ship, but no assistance or towing was required. The tanker remained fully operational, and no environmental pollution was reported.  Greek officials have condemned the attack as dangerous and unacceptable, noting that the incident occurred amid height...
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Trump Administration Eyes Fed Shake-Up as Powell’s Future in Doubt

The Trump administration is preparing to search for a new Federal Reserve Chair this fall, signaling a potential leadership shift at the central bank well ahead of Jerome Powell’s term ending in May 2026. Treasury Secretary Scott Bessent confirmed the administration’s intent in a recent interview, noting that “a lot of good candidates” are under consideration.

President Trump has been openly critical of Powell’s reluctance to cut interest rates, arguing that the Fed’s current policy is stifling economic growth. In a handwritten note to Powell, Trump urged a significant rate cut, calling the Fed Chair “Mr. Too Late” and blaming him for costing the U.S. “a fortune”.

While Bessent has emerged as a potential successor, he expressed contentment with his current role, stating, “I will do what the president wants, but I think I have the best job in DC”. Other names floated for the position include Fed Governor Christopher Waller, former Fed Governor Kevin Warsh, and White House economic adviser Kevin Hassett.

The administration is expected to announce a replacement as early as October, with the goal of ensuring a smooth transition before Powell’s term concludes. The move comes amid broader economic debates over tariffs, inflation, and the pace of monetary easing.

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