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The Hejaz railway is back, it skips Haifa, forcing Abu Dhabi to edge away from Tel Aviv
Israel bet on making itself indispensable to the new Middle East. Iran made it dispensable, and a new regional order bypassing Israel is emerging.
Jun 9
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Morocco's borrowed stability
Europe lends, Washington recognises, China builds, the Gulf reassures. Every contradiction gets financed and sold rather than resolved. The King has…
Jun 7
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Saudi Economic Contraction: How MBS Debt-Led Growth Is Creating a Strategic Financial and Geopolitical Trap for Saudi
MBS is borrowing 150 billion dollars a year to sustain 2% growth. In doing so, he has handed Washington the financial leverage to press for…
Jun 3
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May 2026
The Siege of Iran Also Trapped Saudi
The siege of Iran was designed to isolate Tehran. It has instead trapped Riyadh.
May 31
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Under Iran war pressure, Saudi Arabia breaks from the oil model and turns to a debt-financed deficit economy
Saudi Arabia's Q1 2026 budget report marks the kingdom's structural break from oil rents into a debt-financed deficit economy, with the Iran war…
May 6
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April 2026
Iran and The Chinese Dragon in the Room
The war on Iran is a war on China's energy lifelines. Washington's encirclement strategy across four continents is forcing Beijing toward a…
Apr 20
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Indonesia's Impossible Balancing Act
Indonesia signed a Pentagon defence deal and sat with Putin for 5 hours on the same day. The war on Iran grows its contradictions and impossible hedging…
Apr 16
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Will Turkey Inherit Iran?
Turkey is not inheriting Iran. It is inheriting Iran's problems. The war has not made Turkey stronger. It has made Turkey more consequential.
Apr 12
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The Hormuz Toll: Iran’s Move from “Chokepoint” to “Clearing House”
The Hormuz toll signals the collapse of US maritime escrow, replacing free navigation with sovereign invoicing and digital ledger dominance to monetise…
Apr 8
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Iran is fighting a currency war
The war on Iran is a currency war. The real battle is whether the dollar or the yuan will invoice global trade for the next generation.
Apr 7
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March 2026
Israel’s War Budget Passes. The Real Bill Has Not Arrived Yet.
Israel's war budget passed under missile fire. The real cost remains unbooked, the economy quietly fracturing, and Oct election will decide the…
Mar 30
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Military Keynesianism and the US War on Saudi and the Broader Gulf
The US heightens Saudi and Gulf insecurity to drive purchases of expensive weapons, extracting billions from allies to fuel its domestic economy.
Mar 26
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