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World Trade

The Houthis Have Saudi Arabia Trapped Between Two Chokepoints

The Houthis have not technically seized the entire Red Sea, but that distinction is becoming almost meaningless for Saudi Arabia. Their forces have swept down...

Sanctions Have Become Economic Warfare

Trump has now signed the sweeping Russia sanctions legislation championed by the late Senator Lindsey Graham. The bill passed the Senate 86-11 and the House...

Syria Is Converting a Russian Military Pier into a Trade Route

Syria has received its first shipments of wheat and cement at Berth No. 4 in the port of Tartous, a facility previously controlled by Russian forces. On the...

China and Egypt Unite

China and Egypt had their second joint air force exercise, “Eagles of Civilization 2026,” running from mid-August into early September. The exercises include...

The Strait of Hormuz Is Repricing the Entire World Economy

The politicians continue to speak about the Strait of Hormuz as though this were merely a regional dispute between Iran and its neighbors. That is complete...

Will the Diesel Crisis Decide the 2026 Elections?

The political class watches the price of crude oil and gasoline because that is what appears in the headlines, but the real warning is diesel. The average retail...

UAE Trade Ban on Iran

The United Arab Emirates has suspended all trade, commercial exchanges, and financial transactions with Iran until further notice after accusing Tehran of launching...

Europe Is Sanctioning Its Way Into Economic Irrelevance

Europe apparently believes it can sanction the entire world into submission. Eight countries outside the European Union have now agreed to align themselves with...

China No Longer Needs Germany

Germany spent decades building one of the most successful industrial economies in the world and then its politicians began dismantling the very foundations that...

Europe Is Building China’s New Silk Road

Europe has spent years talking about “de-risking” from China while the physical infrastructure connecting European consumers to Chinese production...