In Red Sea Crisis, Somaliland Seizes Leverage For US Recognition

The High Man In The Castle By Michael Every of Rabobank The world is again waiting to see what comes out of US-Iran peace talks in Pakistan as the two-week ceasefire deadline looms. Again, it’s a binary outcome: war, with threatened strikes on bridges and power plants in Iran, then perhaps regionally, and an extended closure of Hormuz; or peace, and energy and key goods flowing again. The markets have decided peace will be the outcome. Because markets. Yes, there are times when bad news logically justifies a rally, e.g., in a...

Sometimes a seemingly insignificant story tells one more about what is going on than the attempts being made to perceive the larger reality. When Julius Caesar crossed the Rubicon with his army the big developing story was the Roman Republic’s impending Civil War pitting Caesar against the country’s Senate and Pompey the Great, but the […]

Oil Spikes As Trump Vows To Hit Iran "Extremely Hard Over Next 2-3 Weeks", Threatens To Send It "Back To The Stone Ages" Summary Trump declares 'core strategic objectives met', threatens 2-3 more weeks of bombing, no mention of ceasefire Iranian President Masoud Pezeshkian has released an open letter to the American people, questioning whether Washington is truly putting “America First” or merely acting as a “proxy for Israel” willing to fight “to the last American soldier.” Air defenses have been activated in Dubai, taking out 5 ballistic missiles and 35 drones launched from Iran Iran's...