The province of Somaliland declared separation from the nation of Somalia in 1991 as the republic of Somaliland. It was first recognized as a sovereign nation by Israel on December 26, 2025.

Although the original DOGE program by all measures failed to cut government spending in any significant way, its influence was strongly felt by one agency: the US Agency for International Development (USAID). The Donald Trump administration slashed the agency’s budget and laid off most of its workers in both the US and abroad.

I recently joined Lena Petrova on the World Affairs in Context podcast to discuss the Austrian Money Supply measure (i.e., the Rothbard-Salerno measure), and how easy money drives price increases. Plus we discuss other threats to the standard of living both in the US and the world, including the Iran War and runaway federal spending and debt.