Iran, Oil and a Hawkish Fed: Why the Dollar Is Winning the Week and Losing the Decade
TODAY'S NUMBERS 99.73 Dollar Index (DXY) · 4.81% US 10-year Treasury yield · $4,304 Gold, per ounce All three are rising together — the...
Regime Change, Itemized: Inside the Venezuela Oil Deal
The 65-billion-barrel Venezuela oil deal is not proof that regime change was sold with a resource contract attached as its explicit precondition — the...
Is BRICS Really Ditching the Dollar? What the Data Shows
BRICS de-dollarization is real but narrow: it is happening bilaterally, mostly under Russia and Iran's sanctions duress, while the instruments meant to make it...
Beijing’s Currency Playbook: Cap the Yuan, Buy the Gold, Build the Pipes Around the Dollar
TODAY’S NUMBERS 6.7828 (Monday’s PBOC yuan fix, near-flat) · 21 (months of PBOC gold buying, a record) · <3% (yuan’s share of SWIFT payments,...
Iran’s Kharg Island: The Strategic Hub at the Heart of Its Oil Industry
Oil prices increased due to rising tensions involving Iran, sparked by a U.S. President Donald Trump's claim regarding Kharg Island oil hub, which an...
Rare Earth’s New Middlemen: Why Indonesia, Kazakhstan, Vietnam and Morocco Can’t Escape Dependency
On 1 July, China's Ministry of Commerce quietly turned rare earth export control from paperwork into something closer to a criminal exposure. MOFCOM Announcement...
Inside the Sahel’s War Economy: How Juntas and Jihadists Tax the Same Fuel Trucks
Ten months into al-Qaeda's blockade of Bamako, the fuel still arrives. Since JNIM's spokesman announced the campaign on 3 September 2025, the group has...
Nauru Built the Only Door Into Deep-Sea Mining — Washington Just Opened a Second One
On 19 November, the United States plans to auction two seabed blocks off American Samoa — more than 31 million acres combined — for...
Canada Backs $116 Billion Global Defence Bank to Finance Allied Rearmament
Canadian Prime Minister Mark Carney supports a new global defense bank called the Defence, Security and Resilience Bank (DSRB), which aims to help allied...
NATO Has No Article for This: What Greenland Reveals About Alliance Law’s Blind Spot
On 11 February, NATO launched Arctic Sentry — Swedish Gripen jets patrolling Greenlandic airspace, German Eurofighters overhead, nine flags behind a single new command....