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Washington

Running Out

For months, Washington and Tel Aviv projected the confrontation with Iran as a campaign designed to fundamentally alter the strategic balance in West Asia.

Hormuz Limits

President Donald Trump’s abrupt decision to pause “Project Freedom” barely 50 hours after launching it says less about diplomacy than about the changing nature of power in West Asia.

Policy Crossroads

A sanctions bill moving through the US Congress would, if enacted, authorise punitive “secondary” trade measures ~ potentially including tariffs as high as 500 per cent ~ against countries that continue to buy Russian oil, gas, petroleum products or uranium.

No winners

The reopening of the United States government after the longest shutdown in its history offers little cause for celebration.

Tariff Powerplay

The latest salvo of trade measures from Washington reveals a strategy that is less about correcting trade deficits and more about reshaping the geography of global production.