America’s Soviet moment: Why Trump is looking like Yeltsin
As wealth concentrates and wages stagnate, US system faces a legitimacy crisis that echoes the failed Soviet Union’s final years
The deal to reopen Hormuz is nowhere near done
Real reopening requires a far-off framework for addressing Iranian tolls, Israeli military action and US naval presence
Iran ceasefire: too many brokers, too little leverage
No process, however well-led or well-intentioned, can close a gap the parties themselves have not yet chosen to close
Iran ceasefire won’t easily ease emerging Asia’s pain
For India, Indonesia and Thailand, the Iran war isn’t just an oil shock — it’s a fiscal, currency and growth threat all wrapped into one
China drills for US nuclear attack in a Taiwan war
Taiwan Strait drills spotlight China’s concerns that weakening US deterrence could make limited nuclear war more likely


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APRIL 2, 2026
Japan’s relief rally masks deeper economic risks
- Markets rebound, but Japan not yet out of the woods
- Bond markets turn on Europe as energy costs surge
- Putin under pressure as diplomacy stalls and risks mount
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US diverts JASSM-ER missiles to Iran, risking deterrence vs China
US missile stock shift to Iran quietly alters Pacific balance of power, putting Taiwan and allies at risk from China
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CNBC anchor mulls investor ‘upside’ of Trump civilizational threat
‘Make a ton of money,’ said a senator – and fossil fuel execs indeed cashed in on Trump’s Iran war, with record stock sales
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