Persistent Delusion Among the American and NATO Defense Establishment

Philippines Declares State Of Emergency As Energy Crisis Looms As we outlined in our recent analysis on Australia's dangerous vulnerability to disruptions in the Strait of Hormuz, most of Asia is heavily exposed and faces an unprecedented energy crisis should the war in Iran continue to prevent safe passage of oil and natural gas from the Gulf.  As Australia debates the potential for a national emergency, the Philippines has already declared one. This week, Philippine President Ferdinand Marcos Jr. signed Executive Order No. 110, declaring a state of national emergency as...

China's BYD Introduces 3.9-Second 0-60 Electric SUV With Massive Range Authored by Bojan Stojkovski via Interesting Engineering, The BYD Great Tang full-size SUV is now reaching dealerships across China ahead of its planned April presale debut at the Beijing Auto Show. Early dealer data shows at least four configurations are being prepared for the market, spanning rear-wheel-drive and all-wheel-drive setups with varying performance and range ratings.  BYD Great Tang SUV set to challenge established plug-in hybrid rivals. In its most capable form, the SUV is expected to deliver up to around 590 miles...

Oil Up, Stocks Down As War Rhetoric Rises, Deadlines Loom After a long weekend of kinetic and verbal escalation (and a strong payrolls print), and with President Trump reminded Iran that his deadline for a deal looms, it is no surprise that oil prices are higher in early trading... WTI topped $115... Near post-war highs... And despite the recent hope-filled decoupling of oil and stocks... ...S&P futures also weak, down around 0.7% in the early trading... Treasury futures and gold are lower with USD/JPY near 159.70. While the Iran conflict has established an ongoing state of caution...