According to the parable, the ungrateful son takes out a life insurance policy on his parents, murders them to collect, and is caught and found guilty. At his sentencing, the judge asks if he has anything to say on his behalf. The son replies: “Have mercy upon me because I am an orphan.” That’s chutzpah.
TEGUCIGALPA, HONDURAS — Flanked by ministers and military and police leadership, Honduran President Juan Orlando Hernandez — embattled after being slapped with new drug trafficking allegations in the U.S. — held a press conference on the night of Saturday, August 3rd to declare his innocence.
In what is set to be a major blow to the U.S.’ increasingly fragile “petrodollar” system, Venezuela announced on Wednesday that it would no longer accept U.S. dollars as payment for its crude oil exports. According to the Wall Street Journal, Venezuela has begun using euros in lieu of the dollar and will convert existing cash holdings into euros as well.
