ELIZA BLEU AND THE PERPETUAL TRAUMA MACHINE—PART 2

Israeli artillery strikes targeted the headquarters of the Indonesian contingent of the UNIFIL peacekeepers in Adshit al-Qusayr, in the Marjayoun District of southern Lebanon on Sunday, killing two of the peacekeepers and injuring two others. The attack comes amid the expansion of the Israeli ground invasion, and while the UN equivocated, saying that they couldn’t […]

Iran Offers New Proposal To Reopen Strait - Trump Open To Sealing Deal Via Phone Summary After a weekend of stalemate malaise, Iran reportedly offers new proposal for opening ship traffic, while postponing the thorny nuclear issue  Trump says peace could come via telephone rather than face-to-face meetings Iranian FM has been sending written messages to US via Pakistani intermediaries  Iranian Foreign Minister Araghchi visits Russia for talks with President Putin Trump says Iranian oil infrastructure could explode from within unless flow resumes Iran Offers New Path To Opening Strait Running a little ahead of schedule, Sunday...

One Reason This Energy Shock Is Not Like The One 15-Years Ago Arend Kapteyn, the global head of economics and strategy research and chief economist at UBS, told clients that one key reason the current Middle East conflict-driven energy shock "is not like 2011-2014" will be the absence of a comparable response from the shale patch, suggesting consumers are more likely to bear the brunt of the pain.  Kapteyn noted that, on an inflation-adjusted basis, oil prices in 2011-2014 were actually higher than they are today, yet the U.S. economy absorbed that...