The debate on freebie politics has to be a debate on how policies that foster the ‘spirit of enterprise’ are morally and ethically – not to mention, economically – superior to the politics that breed a ‘culture of entitlement’.
Oil Price Today (July 20): Crude oil jumps 3%, crosses $90 as US and Iran exchange attacks. $100 in sight?
Brent crude futures rose $2.69, or 3.05%, to $90.79 a barrel, their highest level since June 11. The benchmark extended last week’s rally, when it