Persistent Delusion Among the American and NATO Defense Establishment

French Police Foil Overnight Terror Plot: Suspect Caught Trying To Ignite Bomb Outside BofA Headquarters In Paris French anti-terrorism authorities thwarted an attempted attack early Saturday morning when police arrested a suspect as he tried to ignite an explosive device directly in front of the Bank of America headquarters in Paris.  The incident unfolded around 3:25-3:30 a.m. when officers from the Paris police's BAC (Brigade Anti-Criminalité) unit, already on heightened patrol near the building due to prior threats, spotted the individual attempting to set fire to the device with a lighter....

Fearing Iranian Escalation In Red Sea, Saudis Push Trump To Call Off Hormuz Blockade Wary of Iranian escalation that shuts down Red Sea traffic, the Kingdom of Saudi Arabia is asking the Trump administration to back off from its newly-implemented blockade of Iranian-linked shipping in the Strait of Hormuz, the Wall Street Journal reported on Monday evening. On Sunday, a senior advisor to Iranian Supreme Leader Mojtaba Khamenei warned that Iran has "large, untouched levers" to respond to such a blockade.  Perhaps ominously, Bab el-Mandeb translates to "Gate of Tears" (map via...

Key Events This Week: PPI, Iran Talks, Nvidia Earnings, Fed Speakers Galore And State Of The Union While much digital ink has been spilled on the Supreme Court's striking down of Trump's IEEPA tariffs and the consequences of this decision (see "Full Analysis Of The Supreme Court IEEPA Decision: How It Impacts The Economy, Policy And Markets"), a lot more is on deck for this week when we will also have more geopolitical headlines to contend with, as the latest round of US-Iran talks is expected in Geneva on Thursday....