The Red Sea chaos ought to be a reminder of the importance of global sea lanes. I do wonder what Saudi and Egypt are doing though. (View Post)

The head of MI6 is raising the alarm over Russian recklessness. We are at an inflection point. How the Ukraine Russia war ends really matters. Putin needs to lose. We can forget the idea of a complet… (View Post)

I think the smoking ban is a terrible idea. It would be better to ban it outright (which I wouldn't) than do this. It will simply create less respect for the law in general. Not good. (View Post)

It's in freefall. Similar now to the situation from February 2022. It's not clear if the central bank has much firepower left at its disposal though. (View Post)

I'm a bit surprised by the Saudis. They can't be happy with Russia cosying up to Iran and perhaps even the Houthis. What are they and Egypt doing about the Red Sea? I wonder if they are waiting for B… (View Post)