Category Archives: Economic fundamentals

Iran War: Israel Makes Massive Bomb Blast in Southern Lebanon, Threatens Imminent Attack on Iran; Iran Refuses Meeting with US on Strait of Hormuz as Assembly of Experts Statement Assures Already Likely Death of MOU; Strait of Hormuz Transits Increasing as Iran and Oman Not on Same Page

Today’s Iran war news: Israel is aggressively escalating in Lebanon and threatens Iran as its Assembly of Experts hardens the red lines.

Happy Birthday, America. Our Best Tradition Is Taking on the Powerful

A sunny view of egalitarian tendencies in the history of America.

Iran War: Axios Reports US, Iran Agree to Ceasefire Within Ceasefire, Doha Meeting on Strait of Hormuz as Iran Stands Up US on Technical Talks; Ship Transits Fall; Reports of Big US Buildup; Israel Attacks in Lebanon Continue

Today’s Iran war news: As many predicted, the MOU negotiations are coming apart along side a report of a further US buildup in theater.

Bank of International Settlements Warns That AI Crash Could Produce Investment Drought, Economic Contraction and Even a Crisis

The Bank of International Settlements took a look at the AI bubble. Not surprisingly, it found a lot not to like.

Iran War: Struggle Over Strait of Hormuz Intensifies as US and Iran Strikes and Counterstrikes Escalate, US Escorts Tankers on Oman Side; Yet More on Oil and Diesel Squeeze

Today’s Iran war news: Escalating strikes and counterstrikes in the Strait of Hormuz area say the MOU is past its sell-by date.

Iran War: US Attacks Iran After Iran Fires on Vessels Using Oman Channel; Israel-Lebanon “Peace” Scheme Moves to Cede Southern Lebanon to Israel, Undercutting Hezbollah and Iran

Today’s Iran war news: The US and Iran exchange fire over transits on the Oman side of the Strait; will an Israel-Lebanon pact undercut Iran?

Iran War: Ships Still Transit Oman Channel Despite Persian Gulf Authority Opposition, Suspected Iranian Attacks; Iran Yet to Act as Israel Bombs Southern Lebanon

Today’s Iran war news: Iran apparently fired on a ship in the Oman channel, in a renewed struggle for control of the Strait of Hormuz.

Iran War: Omani Route Tests Iran Control of Strait of Hormuz as Rubio, GCC States Reject Iran Management; Iran Yet to Respond to Israel Ceasefire Violations, Intent to Stay in Lebanon; More Doubts About $300 Billion Fund

Today’s Iran war news: A showdown is coming soon if Iran sticks to its Memorandum of Understanding guns.

Satyajit Das: The ‘Own Goals’ of Trump-onomics

Short seller David Einhorn’s saying, “No matter how bad you think it is, it’s worse” particularly applies to Trump’s economic schemes.

How Bad is AI for the Environment?

A tally of the great planetary damage expected to result from AI growing use, thanks to its insatiable hunger for power.

Iran War: US Doubles Down on Claim Iran Agreed to IAEA Inspections, Ballistic Missile Limits After Iran Denial; Dispute Over Food for Frozen Assets; Lebanon Ceasefire Holds as US Presents Withdrawal Plan; More on Looming Oil Cliff, Diesel and Lubricants Shortages

Today’s Iran war update: The big struggle is on the narrative front, as Iran swatted back JD Vance claims as the oil cliff keeps approaching.

Good Riddance, Alan Greenspan

Cataloguing some of the less-well recognized ways that Alan Greenspan did tremendous harm to the financial system and citizens at large.

Iran War: Brief Update – JD Vance Acting in Bad Faith, Israel Stressed Even as It Doubles Down on Intent to Stay in Lebanon

Today’s Iran war news: Despite media cheerleading, JD Vance’s repeated displays of dishonesty do not bode well for getting the “deal” ‘done.

What Would Happen if the UK Tried to, or Did, Repay Its National Debt?

The leadership contest in the UK is set to produce yet more flogging of bad neoliberal tropes, so this post provides a needed counterpoint.

Iran War: Iran Snubs US, Walks Out of Direct Talks Due to Trump Threats; Israel Still Refusing to Exit Lebanon; Strait of Hormuz Transits Expected to Stay Low Due to Scrapping

Today’s Iran war post: Ugly antics by Trump led to hard pushback by the negotiators, boding ill for fast progress the US so badly needs.

Fearless commentary on finance, economics, politics and power

Category Archives: Economic fundamentals

Iran War: Israel Makes Massive Bomb Blast in Southern Lebanon, Threatens Imminent Attack on Iran; Iran Refuses Meeting with US on Strait of Hormuz as Assembly of Experts Statement Assures Already Likely Death of MOU; Strait of Hormuz Transits Increasing as Iran and Oman Not on Same Page

Happy Birthday, America. Our Best Tradition Is Taking on the Powerful

Iran War: Axios Reports US, Iran Agree to Ceasefire Within Ceasefire, Doha Meeting on Strait of Hormuz as Iran Stands Up US on Technical Talks; Ship Transits Fall; Reports of Big US Buildup; Israel Attacks in Lebanon Continue

Bank of International Settlements Warns That AI Crash Could Produce Investment Drought, Economic Contraction and Even a Crisis

Iran War: Struggle Over Strait of Hormuz Intensifies as US and Iran Strikes and Counterstrikes Escalate, US Escorts Tankers on Oman Side; Yet More on Oil and Diesel Squeeze

Iran War: US Attacks Iran After Iran Fires on Vessels Using Oman Channel; Israel-Lebanon “Peace” Scheme Moves to Cede Southern Lebanon to Israel, Undercutting Hezbollah and Iran

Iran War: Ships Still Transit Oman Channel Despite Persian Gulf Authority Opposition, Suspected Iranian Attacks; Iran Yet to Act as Israel Bombs Southern Lebanon

Iran War: Omani Route Tests Iran Control of Strait of Hormuz as Rubio, GCC States Reject Iran Management; Iran Yet to Respond to Israel Ceasefire Violations, Intent to Stay in Lebanon; More Doubts About $300 Billion Fund

Satyajit Das: The ‘Own Goals’ of Trump-onomics

How Bad is AI for the Environment?

Iran War: US Doubles Down on Claim Iran Agreed to IAEA Inspections, Ballistic Missile Limits After Iran Denial; Dispute Over Food for Frozen Assets; Lebanon Ceasefire Holds as US Presents Withdrawal Plan; More on Looming Oil Cliff, Diesel and Lubricants Shortages

Good Riddance, Alan Greenspan

Iran War: Brief Update – JD Vance Acting in Bad Faith, Israel Stressed Even as It Doubles Down on Intent to Stay in Lebanon

Iran War: Iran Snubs US, Walks Out of Direct Talks Due to Trump Threats; Israel Still Refusing to Exit Lebanon; Strait of Hormuz Transits Expected to Stay Low Due to Scrapping

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