No, We Cannot “Afford” This War with Iran Either

US and Israeli airstrikes have pounded civilian targets across Iran since the war began on February 28, damaging more than 19,734 civilian units, according to the Iranian Red Crescent Society (IRCS). The ICRS said the figure includes 16,191 residential units, 3,384 commercial units, 77 pharmaceutical and medical centers, and at least 69 schools. The Human […]

It is not a glitch (that nothing gets resolved). It’s a feature. For it opens rather, a path for “Business” to be done – for “stakeholder” deals to be cut, and for billions to be shared out in payoffs. This is Trump’s geo-political transactional model: Business displaces traditional negotiation (at least while the money flows); […]

US Industrial Production Rises For 4th Straight Month In February After a strong gain in January, US Industrial Production continued to expand in February, rising 0.2% MoM (better than expected +0.1%) - the fourth straight month of gains with Production up 1.44% YoY... Source: Bloomberg Manufacturing output also beat expectations, rising 0.2% MoM in February. Durable manufacturing output edged up 0.1 percent, with mixed results across categories; the index for motor vehicles and parts posted the largest gain, and the index for machinery posted the largest loss. Nondurable manufacturing output rose 0.2 percent, with...