Dollars and Sense
The world continues to live in mass delusion when it comes to the fallout from the Iran War. But even the most delusional are...
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National Security Journal
Military Hardware: Tanks, Bombers, Submarines and More
Ukraine's drone sector has transformed from an ad hoc network of volunteers modifying commercial quadcopters into an industry of hundreds of companies building strike...
Uncategorized
A new analysis argues the true beneficiaries of Trump's Iran war were America's great-power rivals. Russia reportedly fed Iran targeting data on U.S. bases...
Ukraine War
Ukraine failed to intercept any of the Russian ballistic missiles fired at Kyiv on July 6 because its stock of Patriot PAC-3 interceptors is...
Ukraine War
As leaders including President Trump gather in Ankara for the NATO summit, a new warning argues the event could be too tempting a target...
Military Hardware: Tanks, Bombers, Submarines and More
Ukraine pressed its long-range campaign overnight, setting two oil tankers ablaze in the Sea of Azov and striking refineries from Ufa to Tver —...
Military Hardware: Tanks, Bombers, Submarines and More
The aging B-52 has anchored American airpower for 74 years, but its lack of stealth leaves it vulnerable to China's advancing air defenses. Two...
Military Hardware: Tanks, Bombers, Submarines and More
Ukraine went from strapping grenades to Chinese hobby drones to striking refineries 1,500 miles inside Russia — and NATO is taking notes. At the...
Ukraine War
Despite Trump's optimism, Putin shows no sign of folding — reportedly weighing a new mobilization and a summer offensive even as Russia absorbs 30,000...
Ukraine War
Far from forcing Putin to negotiate, Ukraine's drone campaign appears to have hardened the Kremlin, which reportedly sees only one path left: escalation. Moscow's...
Ukraine War
The Kremlin frames its war as a fight against all 32 NATO nations to explain away four and a half years of failure —...
The Treaty
The U.S. struck roughly 90 Iranian military targets on a second consecutive day as the ceasefire collapsed, hitting missile batteries, drone sites, and naval...
The Treaty
Analysts warn Iran may be dragging the U.S. into a drawn-out conflict it never wanted — wagering that a war-weary Washington walks away at...
The Treaty
Ukraine's Unmanned Systems Forces struck nine Russian "shadow fleet" tankers in the Sea of Azov overnight — 19 in just 72 hours — as...
Dollars and Sense
Oman has formally told the United Nations it opposes transit fees in the Strait of Hormuz, breaking with neighboring Iran and aligning with Washington....
Dollars and Sense
As Ukraine's strikes cripple its refineries, Russia has quietly relaxed fuel standards — allowing gasoline up to 15 times dirtier than the legal limit...
Dollars and Sense
Prediction markets have gutted the odds that Strait of Hormuz traffic returns to pre-war levels — from a June peak near 88 percent down...
North Korea Talk
North Korea stalled, negotiated, and built the bomb anyway — and its 2022 doctrine orders everything launched if its leaders are ever struck. Kim...
North Korea Talk
The recent North Korea–China summit highlights Beijing’s increasing concern over Moscow’s growing influence in Pyongyang. Since the Ukraine war began, Russia and North Korea...
North Korea Talk
Manila, Philippines – On the occasion of his visit to Pyongyang, Chinese Communist Party (CCP) General Secretary Xi Jinping has received one of the...
Military Hardware: Tanks, Bombers, Submarines and More
Everyone Is Waiting for the Iran War to End. The Uncomfortable Truth Is That It May Simply Never End
Summary and Key Points: It’s a war full of contradictions: a ceasefire that isn’t, an economy teetering even as the stock market soars, a...
Ukraine War
Russia Might Actually Win the War in Ukraine. That Could Be the Worst Thing That Ever Happened to It
Summary and Key Points: For three years, the West has waited for Russia to crack — and it hasn’t. Moscow absorbed the sanctions, replaced...