Other passive beneficiaries of UAE’s troubles this week: Singapore and Switzerland. (View Post)

I’ve been trying to work out what the internal dynamics in Iran are. It doesn’t seem to be somewhere, so far at least, where there are big splits within the ruling elite. No real evidence of generals… (View Post)

This is also unwittingly helpful. So they’re helping His Majesty’s Treasury by putting millionaires off hot footing it to Dubai to enjoy their money amongst the influencers and crypto bros. And now t… (View Post)

They are unwittingly doing a big favour to HMT. The trend of rich Brits heading off to Dubai to save tax was starting to get some serious self-fulfilling momentum. This is going to trigger second tho… (View Post)

I’m in a bit of a minority - not only in general public opinion but also strongly-held Lib Dem opinion - that if the Islamic Republic collapses, the result will not be another Iraq, Afghanistan or Li… (View Post)