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Tag: Greyzone Warfare
02 Oct 24

Middle East- The Mullah’s Mad Gamble

I got the Iranian attack on Israel wrong. All now depends on Israel's targeting of its escalatory response. If Israel uses its intelligence to decapitate the Iranian regime (and the IRGC), as it did with Hezbollah, then the economic spillover effects (e.g. energy)) will be limit... Read More

01 Oct 24

Russia - The Rubbish Budget

The Russian budget points the way to the increasing un-sustainability of the war for Moscow beginning 2025. The war does not matter to markets now. But it would if it ended. The peace dividend would be high. Read More

10 Aug 24

Ukraine- Kursk Offensive

Kursk offensive has potential to be a turning point in this war if Ukraine achieves strategic objectives. If so market effects would be significant. Read More

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