Poland: For Now It’s Still a Paper Tiger

"Blockbuster Week" Preview: Fed, ECB, BOJ On Deck, Earnings Avalanche, GDP, PCE Tomorrow marks exactly two months since the strikes on Iran began. As DB's Jim Reid writes, while there is currently a rolling, open ended ceasefire that started on 8 April, the risk of it collapsing at any point remains real. Just as the weekend news looked like it was leaning negatively though, last night reports came through that Iran have offered the US a fresh proposal to reopen the strait and end the war. However as Axios and...

Trump Says Iran Can 'Expect' Bombs As World Tensely Awaits 2nd Pakistan Talks, US Navy Boards Another Vessel Summary Neither side wants to appear 'weak' by flying to Pakistan first without the other side having already clearly committed. Trump warns: 'Expect...bombs' Iran has informed Pakistan it is sending a delegation, but still no sign or confirmation that the delegation is en route. Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM As just 12 ships have gone through Hormuz Strait in last 24...

UK Government Brands Union Flag A 'Tool Of Hate' In Leaked 'Social Cohesion' Strategy Authored by Steve Watson via Modernity.news, A leaked draft of the UK Government’s new ‘social cohesion’ strategy has sparked outrage by labeling the flying of English, Scottish, and Union Jack flags as potential “tools of hate.” The document claims these national symbols were sometimes used last summer to “exclude or intimidate,” adding that the “extreme right has tried to turn symbols of pride into tools of hate.” The 47-page draft, leaked to the Spectator magazine, also highlights how antisemitism...